Post
Topic
Board Economics
Re: Bitcoin need a miracle
by
cintasilious
on 17/12/2018, 09:37:02 UTC
This thread is a joke, bitcoin does not need a miracle.  It has dropped like this many times in the past so this is nothing new.  Panic sellers will be the ones crying in a year or so when bitcoin reaches a new all time high.  Next reduction in block reward is coming pretty soon as well so the inflation rate will drop a lot which will increase demand.
I agree with you Bitcoin actually need the trust from the investors and our support to make it sure that it is a decentralized currency and no one can control it and none of the government can stop us to use it. If we will believe on it then no one will be able to dump the price of this coin.