This year is a total opposite of last year - page 3.

dunfida

legendary

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Merit: 1140

Quote from: Carlsen on November 17, 2018, 09:55:38 AM

I do not think that the this year is the opposite of last year.
Many of the people who got in bitcoin contact last year are still amongst us and have not left the bitcoin business.
It's only that the price has reached a more realistic level.
By the way, in my eyes those ups and downs have become the real engine of bitcoin.

Don't know why people still got surprised on how bitcoin price do moves out.There would always be a sudden dump and a sudden price increase depending on what
kind of news we are getting into. Imagine that it is already 10 years and some old crypto enthusiast still shaken of with these kind of events without even thinking that we are still thousand
times fold compare on previous years price.

Carlsen

hero member

Activity: 910

Merit: 501

I do not think that the this year is the opposite of last year.
Many of the people who got in bitcoin contact last year are still amongst us and have not left the bitcoin business.
It's only that the price has reached a more realistic level.
By the way, in my eyes those ups and downs have become the real engine of bitcoin.

fabiorem

sr. member

Activity: 1400

Merit: 347

Maybe in December it will be the opposite too? Instead of going down, we will be going up.

abhibtccc

jr. member

Activity: 428

Merit: 7

https://blockstream.info , Blockonomics.co

Quote from: Pumapipa on November 17, 2018, 03:52:03 AM

While some of us are aware that BItcoin suddenly took a huge dip from a stable $6400 to a shocking $5400 dip late this week. A total opposite of what had transpired last year of fourth quarter where bitcoin skyrocketted its value to almost $18000. Many are left wondering what is happening to bitcoin or will it be the end for the coinn what do you think about the current situation?

There are several things due to which this happened. Due to the last year hike, btc got attention of many governments & this caused some troubles for btc. Another fact is that network congestion leads to delay in confirmations. Sooner or later, it will cross $18000 mark again.

davis196

hero member

Activity: 3164

Merit: 937

Quote from: Pumapipa on November 17, 2018, 03:52:03 AM

While some of us are aware that BItcoin suddenly took a huge dip from a stable $6400 to a shocking $5400 dip late this week. A total opposite of what had transpired last year of fourth quarter where bitcoin skyrocketted its value to almost $18000. Many are left wondering what is happening to bitcoin or will it be the end for the coinn what do you think about the current situation?

Yes,it is a total opposite.And so what?There's no guarantee that the bitcoin price has to follow the same pattern every year.I was expecting a big pump at the end of 2018,but know I think that it won't happen.
Anyway,life goes on and we just HODL(or buy more bitcoins).
This price decrease can't be compared with the December 2013 price crash,and yet there are people,who say "is this the end of bitcoin?"This is hillarious.

Pumapipa

full member

Activity: 462

Merit: 100

While some of us are aware that BItcoin suddenly took a huge dip from a stable $6400 to a shocking $5400 dip late this week. A total opposite of what had transpired last year of fourth quarter where bitcoin skyrocketted its value to almost $18000. Many are left wondering what is happening to bitcoin or will it be the end for the coinn what do you think about the current situation?

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