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Topic: Bitcoin need a miracle - page 24. (Read 26340 times)

legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
December 10, 2018, 10:14:59 AM
#7
What y'all got to say about the cryptocurrency market situation at the moment?

There is nothing to be said. No miracle is needed. Just the bear market to end. Price will stop decreasing then and become stable. Half year latter it will slowly start to grow. Most likely a year form now price of Bitcoin will already be higher then right now.

We need to focus on real usuage of bitcoin and that is to use it as a currency. Currently mostly people are using it for trading and more importantly leverage trading which is not good for bitcoins. Once the demand increases, bitcoin prices will rise automatically.
member
Activity: 225
Merit: 10
December 10, 2018, 09:57:00 AM
#6
This is just a proof that last year's hype was a bubble that burst this year. Now that the bubble had burst, cryptocurrency prices are back to low prices. These prices might be its real value as.of now.
full member
Activity: 791
Merit: 139
December 10, 2018, 09:54:42 AM
#5
Bitcoin dont need a miracle. what we need to give to this is demand.
The price is not coming from any miracle but from the people.
demand will give the price, the more we give the better the price.
legendary
Activity: 2128
Merit: 1775
December 10, 2018, 09:34:50 AM
#4
Everything here is the forum, always discussing about Bitcoin, for now the Bitcoin has dropped in price,
In investment stock markets like Bitcoin this is common,
miracle, not needed what is needed is an investor to buy as much as possible Bitcoin automatically the price will rise.
A stock index if many buy from those who sell automatically the price will be expensive.
full member
Activity: 434
Merit: 246
December 10, 2018, 09:15:06 AM
#3
No need to say anything. Bitcoin is perfectly fine, we just have to stop comparing it with fiat money. The ultimate aim is to measure everything in BTC not in USD. BTC is the perfect money, not USD, so BTC should be the unit of measure. Even if we are in a downtrend when we compare bitcoin with fiat money, it means nothing in the long run. Besides, this market situation may have a purgatory function, helping the space to get rid itself of many worthless altcoins. IMO, as long as the core functioning of bitcoins works as it should, we are perfectly fine.
legendary
Activity: 2730
Merit: 1288
December 10, 2018, 09:14:33 AM
#2
What y'all got to say about the cryptocurrency market situation at the moment?

There is nothing to be said. No miracle is needed. Just the bear market to end. Price will stop decreasing then and become stable. Half year latter it will slowly start to grow. Most likely a year form now price of Bitcoin will already be higher then right now.
copper member
Activity: 658
Merit: 284
December 10, 2018, 09:00:34 AM
#1
The bitcoin need a miracle as the entire bitcoin market cap slumped down to $61 Billion.
We all need a miracle. Heck, the whole cryptocurrency market needs a miracle as the market cap slump to only $112 Billion.
The bitcoin market cap reached over $320 billion in December 2017 and the cryptocurrency market was at around $840 billion respectively.
What y'all got to say about the cryptocurrency market situation at the moment?

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