Post
Topic
Board Altcoin Discussion
Re: What is your take on the current market dwindling?
by
beerlover
on 14/02/2019, 15:05:48 UTC
Are you still optimistic that Cryptocurrencies price will soar again? Share your view.
For me, i am addicted to Blockchain/Cryptocuurecy ideology.
Yes, those investments into blockchain and crypto world is what keeps me hopeful as well, we are not in a great situation right now that is true but at the same time we are improving our base so that next time bitcoin increases we wouldn't be unprepared for it.

If bitcoin was 20 thousand dollars today than we wouldn't drop as low as 3.5 thousand dollars and we would probably keep it above 8 thousand dollars thanks to the investments and funds allocated to crypto companies finding ways to sustain high prices for bitcoin. That is why the next bull run would be amazing since we would probably skyrocket to a price we are not really prepared for and be shocked but next time we will not drop as low as 3.5 again, same happened in 1400-250 times in 2014 when price moved high to 1400 and than droped to 250, we didn't moved to 1400, we moved to 20000 dollars and we didn't dropped to 250 we dropped to 3.5, same probably will happen on the next bull run as well.