Quote from: alexyong342 on June 04, 2019, 04:45:27 PM

Take a look at a heat map of the cryptocurrency markets, and its easy to get bullish. The performance returns between the 15th December 2018 to the 23rd April 2019 look impressive:

Bitcoin is up 70%,

Ethereum 102%,

EOS 171%,

ADA 161%,

Litecoin 214%,

Bitcoin Cash 275%, and

Binance coin up 400%.

Google crypto news and recently, especially after the up moves of April 2nd, the format is the same, with the headlines focusing on price gains, the opinions of crypto celebrities, or the launch or emergence of new blockchain technology.

Using a log scale gives the appearance the 2018 84% drop is a typical down move in an uptrend, because, in percentage terms, the 2018 price drop matched the 2013 to 2015 move down. Its easy to persuade the unwary, using technical analysis,

If you try this on Ethereum or any cryptocurrency that had significant moves down from their all-time highs, youll see the same thing. Its possible to make an 80-95% price drop seem like its easy to recover from. Its not.

Why?

https://www.altcoinsidekick.com/blog/disruptive-force

When we look at USD, prices seem to have risen. But many people like me are aiming to increase the amount of BTC, rather than USD. For this reason, we think that the real bull will come up with BTC based evaluations.