Quote from: 20kevin20 on March 10, 2020, 10:12:33 PM

Quote from: hosseinimr93 on March 10, 2020, 09:48:52 PM

So you believe that the recent fall in bitcoin price was due to a global economic crisis?
I don't think so. It was not the first time bitcoin price decreased that much just in a day. That has happened several times. It was just a coincidence that it happened during the stock market fall.

Everything that's happened in the past weeks/months led to the fall of BTC's price. But not for too long, imo. The prices will recover when those in need of quick cash will get their money out. After that, the markets will be left in our hands, the believers and hodlers.

There's so much doubt, fear and panic everywhere around the world. This isn't a time to hope for some heavy pumps/dumps of BTC; 2011-2012-like volatility will soon most likely be a thing.

I don't think that the price falling of Bitcoin is connected to the recent disasters that are happening and everything is normal whether the price rise or falls, this is the nature of volatility. Those people who panic sell are being eaten by the whales who keep on buying BTC while the price is decreasing and in my own opinion, those are not true believers of this technology and just joining the hype of Crypto Currency.