Re: Why bitcoin is falling and when will it end? [ANSWERED]
I actually understand you, we need adoption that will continue to fuel this movement of bitcoin and not just speculation again, because a time will come that people would have been used to speculation and would not encourage adoption, aside speculation, we also need to create some avenue where people can easily make payment to us as merchants , for those who sells product, with this, we are also fueling development because our clients will necessary need to demand for bitcoin if we have it as means of payments, and for those how do not understand, it would just be for us to explain it to them.
For many countries to accept bitcoin as a means of payment it will be necessary to create laws that are good for cryptos. The issue that becomes a major hurdle is that lawmakers are outdated people, in most cases they are old people who lived their youth at a time when technology was very rudimental, they do not understand and make no effort to understand that the The world is evolving a lot and they need to keep up with that evolution. these same disgusting politicians have the big problem of control people and many politicians are dictators
We've passed the last high, you should be looking for the next bottom. I call between $1k and $2k.
keep dreaming...
I agree that alts needs time to grow so that the market will be healthy as there are correlation between BTC and alts. But how can alts grow when altcoins investors are not willing to gamble on them and would rather go into BTC. Altcoin market of 2016-2017 is very different now as investors are getting smarter.
Blame the ICO scammers. People have fear of investing in altcoins now because of them.
scammers can destroy everything, even something that could be very good for many people to create good things