Post
Topic
Board Bitcoin Discussion
Merits 3 from 2 users
Re: THIS CRASH IS DIFFERENT than previous crashes... The FEDERAL RESERVE is why....
by
Z-tight
on 19/06/2022, 17:16:13 UTC
⭐ Merited by _act_ (2) ,JayJuanGee (1)
But bitcoin will keep going as it always does.
I wanted to start a new thread but i guess there is no need for another thread about the current dump, which i consider to be just normal for one who understands how bitcoin works or has worked since its creation.

Let me get to it, i thought when we started having institutional investors coming into our network in their numbers that it would bring some stability, do not get me wrong, i did not think it will immediately make bitcoin stable, but i thought, and i am sure i am not the only one, that we might not see bitcoin below 20k USD or so, not that it matters too much, and from history bitcoin will go on quite fine, and other than people panicking, nothing is really happening.

So now that bitcoin went below 20k USD again, to prove me wrong about what i thought, do you think bitcoin can ever be stable, not that i worry about that too much, i buy most times there is a dip, but i will still want to know, i am not talking of a near complete stability, but stable to a certain extent that will make it almost impossible for some level of crash or dips to happen, or will btc always be a coin that can dip fast and rise again.

We talk about 'mass adoption', and even if i honestly do not know what a time like that will mean for bitcoin, but is a certain level of stability one of the signs of mass adoption?