Post
Topic
Board Bitcoin Discussion
Re: Did bitcoin lose its value?
by
Ridwan Fauzi
on 23/10/2020, 14:28:01 UTC

Did bitcoin lose its value?
In the era of pandemic 2020, Federal Reserve Bank printed paper currency notes which ultimately decreased the value of us dollar USD. And in that period, Bitcoin btc was also stagnant and did not move much. So did bitcoin has losen its value with usd? If yes then similarly other fiat currencies like usdb, usdt etc. also lose their value with devaluation of us dollar.
Bitcoin will never up continously as we wish, there will be a correction and being dumped by most due to sentiment market. Indeed, a few days ago bitcoin and for almost crypto currency prices fell it was make many people worry to keep hold bitcoin in their wallet. But, infact bitcoin can increase again, there is something that we should know and keep remember.

Most people know have known bitcoin and they are ready to invest in it, like this time the US government will make another stimulus which will make the dollar value will be decreased and those who knows it they will move their money to some investment place and some of them will choose bitcoin. The sentiment market has changed again after the news come and make bitcoin price up again.