Post
Topic
Board Economics
Re: Bitcoin need a miracle
by
Bosx1ne
on 14/01/2019, 16:23:24 UTC
The bitcoin need a miracle as the entire bitcoin market cap slumped down to $61 Billion.
We all need a miracle. Heck, the whole cryptocurrency market needs a miracle as the market cap slump to only $112 Billion.
The bitcoin market cap reached over $320 billion in December 2017 and the cryptocurrency market was at around $840 billion respectively.
What y'all got to say about the cryptocurrency market situation at the moment?


We should be serious and realise that the spectacular grow of the bitcoin wasn't a real one. It was only artificial and everybody knew that the price will fall down at some point. considering that in online 5 years bitcoin evolved from couple of bucks to thousand of bucks i think that this is not a moment of despair. This is a moment when we should invest in the crypto market, who accumulates now crypto coins, in a few years will be rewarded. Everything is about the trust in the market.
We saw the changes in the cryptocurrency market, the price is always changing due to its unstable price. The bitcoin declined because it is part of its cycle, most of the investors are focusing to increase the number of their bitcoins because the market will eventually turn into bull. I can conclude that bitcoin doesn't need any miracle.