Post
Topic
Board Bitcoin Discussion
Re: Peak get lower and lower, and dips get worse
by
cetald
on 19/12/2018, 13:40:26 UTC
Peak - 16 Dec: 20.000$

Dip - 30 Dec: 12.600$

Peak - 6 Jan: 17.100$

Dip - 5 Feb: 6.900$

Peak - 4 Mar: 11.500$

Dip - 7 Apr: 6.600$

Peak - 5 May: 9.800$

Dip - 28 Jun: 5.800$

Peak - 24 Jul: 8.400$

Now we are at 6.200 going down to the next even deeper dip

This is the long and slow death of Bitcoin as there are not really anyone new who wants to use it (let's face it, there is no use at all, only "investment"), and as current Bitcoin-believers are slowly becoming fewer and fewer, the price will continue this long slow death-spiral


Bitcoin death is out of the question. If only because the current recession is not the biggest in the history of bitcoin. Not to mention the capitalization of tens of billions of dollars.