Post
Topic
Board Speculation
Re: Why $13,000 was unsustainable.
by
nydiacaskey01
on 25/07/2019, 23:22:22 UTC
It's sustainable due to wasn't able to stabilized at that certain value, that suddenly collapse after panic sellers dumped their holdings. Nobody options to wait for another price increase, that's why price declination continued to occur sophisticatedly.

So you choose to ignore the 1800 bitcoin created per day? That is a fact and a reality.

There is natural downward pressure due to the miners creating new coins.

Aaron

https://www.amsinger.org
First of all, your signature is enough to promote your site, no need to include that site every time you make a post.

$13,000 is sustainable, if you are seeing now price of Bitcoin below $10,000 it might be because of market correction after the bull run a few weeks ago and this is not new, we have seen market corrections over and over again. Price will recover again and go back to $13,000 or higher eventually.