Quote from: HammadAli on October 18, 2020, 12:18:34 PM

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.

there is no direct relationship between $ US and bitcoin especially with the FRB that prints the banknotes, bitcoin runs alone, no one manages and runs, all with the system. USDT is always stable and does not directly affect bitcoin, bitcoin will lose its value if it does not trade and buy, as long as it is still running, bitcoin will always be valuable.

Quote from: robertjack on Today at 11:03:13 AM

After rallying to nearly $20,000 in 2017, bitcoin's price plummeted and lost a third of its value in a single day, plummeting to $3,122 in 2018, wiping billions of dollars from the overall cryptocurrency market value. Although this can result in large income, it can also result in large losses.

crypto will always happen like that, at certain times it will decline because the market does not trade a lot but at one time it will increase because goods do not exist in the market, economic laws apply and that is normal for crypto and does not become a crucial problem. now crypto is enjoying a good period, almost a lot has reached ATH and of course this is very exciting. hopefully it will run for a long time so that all can enjoy.