Post
Topic
Board Speculation
Re: What is happening ?
by
KrisAlex18
on 14/03/2020, 05:38:25 UTC
So Bitcoin just crashed to 6200 $ , around 1000 $ 1 hour , around 15 % in 1 h   , what is going on ?  Shocked
I really though that bitcoin will only reach for about 6200 USD but I was shocked when it reaches 3900 Dollars that is the lowest price of the bitcoin so far as of this year. I don't know why this thing happens, but I conclude that COVID-19 is one of the factor that makes the bitcoin reaches the 3900 USD. There are so many people who get infected by the virus and it is really possible that some of the investors and traders may be infected by the virus so by that thing it affects the price of the bitcoin.

2 weeks ago:
- man, i wish bitcoin price was lower so i could buy more

today, same person:
- everything is crashing, sell sell sell, save what you can, f**k bitcoin, fiat <3
But actually, we can use the things that is happening with the bitcoin right now, we can buy bitcoins in a lower price and we can invest our money now because for sure you will earn so much money if the bitcoin turns back into 10,000 USD.