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Topic: The real reason behind the decline of Bitcoin and all other Altcoins - page 3. (Read 499 times)

jr. member
Activity: 504
Merit: 3
In a couple of months bitcoin value will sit well below 500usd and will never go up again. More like 100usd or so. I am ready to bet money on it.
sr. member
Activity: 1877
Merit: 389
Are you looking for the real reason behind the massive declines we've seen recently?

The answer is 2 words = Interest Rate.

The US is going to keep on raising it and investors are looking for save haven that pays sure dividends ... so the US Dollar that everyone has buried in the last decade is outperforming all the Cryptos, and soon the EUR/USD will hit a parity (it's $1.25 now, it won't stay like this for a long time).

History always repeats itself, one way or another.
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