Post
Topic
Board Speculation
Re: Bizarre crash! What cause bitcoin crash??
by
Artemis3
on 26/11/2019, 06:18:50 UTC
Its second major crash in 3 days going below $7000. What you guys think what cause bitcoin crash because i think uncertainty  of market makes bitcoin crash. I think many of investors should holding there coins and hoping for the best because bitcoin is a fighter and somehow manage to came back at number 1. What you guys thinking about this?

A little price fluctuation isn't a "crash", stop using that word every time you see the price go down a bit. Crash is not a word you use when you see today a price lower than yesterday, price is reserved for "steep double digit" loses, such as a 90% loss...

It is even more ridiculous that you use the word "major", implying there is also a "minor" crash.

https://en.wikipedia.org/wiki/Market_crash

TL;DR: crash != down.

Also bitcoin remains #1 in all situations, since most altcoins move with it, while the opposite is not true.