Post
Topic
Board Bitcoin Discussion
Re: Don't Be scared Use this Dip as an opportunity to HODL more.
by
Mia Chloe
on 12/08/2024, 21:16:42 UTC
I actually saw that coming from miles away! and yesterday I said we could see a dump to $50k soon when we were still strong above $60k.
Yeah that's quite a nice prediction.
The fact is although bitcoin wasn't meant to be affected by global world events and economic conditions, because of decentralisation which was satoshi's dream for the coin, we just can't prevent it. Bitcoin has become too adopted and big of a currency that it now has its significant little effect on the world economy and vice versa the world economy also has its impact on bitcoin.

I really don't think it would be possible to make bitcoin immune to economic conditions and shifts simply because the more Adopted bitcoin becomes , the stronger it's effect on the corresponding economic market.