So to all you who refused to buy at the bottom, waiting for a price that now obviously won't ever come, are you buying now? Are you still hoping for a magical 50%+ drop from these prices?
I'm not saying that the prices will still drop, as no one knows in the first place, but how did you even come to the conclusion that sub 3000 will never come? It's still definitely possible. Dropping down to below 3000 is just somewhere around a 50% drop from the current price
($5,318.80 as we speak), which, if you've been in the cryptocurrency space for a while, you would know that 50%+ drops aren't even rare.
With the next halving a little over a year from now, I'd be pretty suprised if sub $3ks comes, or sub $4ks for that matter. This isn't the uncertain times when China was dumping loads anymore. The best thing that ever happend to crypto was Chinese being banned and getting the fuck out, the second best was Trump. Now, if the next president is a democrat in 2020, panic of regulations could ruin the next pump. Hope it doesn't happen, but there it is.
oh god. a trump fan too. Winslow asshole status confirmed 1000x over now!
Bitcoin seemed to do just fine under a democratic president. What party has held the white house has had no impact on bitcoin, obama or trump. There has been zero federal legislation on cryptocurrencies so its had zero impact. The only thing there has been is some SEC stuff on ICOs, which has nothing to do with the president. Not everything is about politics buddy.