one month ago i said bitcoin will crash to 5K renge
but i say now the cryptos remain in the market
why the market came down ?
2 points as below :
1- There is a big war between fiat currencies owners and cryptos owners
china government & Facebook , Banks and many other countries ban the bitcoin ... they are strong fiat currency owners
for example Facebook wealth near 300B usd$ now so what happen for face book if bitcoin and other cryptos fire the USD $ from market ?
for china too ? also cryptos means democracy ...
if bitcoin and other cryptos win the market front of Fiats so the second step of black-chain will began that is black-chain government bcs no one can control this network else of all people .
so the dictator governments can not bear this technology !
I think black-chain technology is future ,future of money and government !
so there is a big war between / face book + china government + Banks + other heavy fiat owners / & BITCOIN as black-chain money ,
bcs they afraid about their property to decrease and their government
i think
as every times technology will win & cryptos will remain in the market.2- Also there is another war for cryptos :
there is many alt coins in the market now ( near 1500 currency ) and they almost do the same thing
it is the second reason cause the market go down
so i think in future the market lead to cheap coins and it will stable ... cryptos trade will be the same as Forex in near future
another thing : cryptos and black-chain is a new technology for people of the world yet
I think only 5 % of people now what is bitcoin and cryptos yet
so there is a large potential for rise of total market for future .
I hope the real cryptos market begin soon ...
I have a request from IT & software workers : please stop creat new coin !
just please establish real market & shops for cryptos until people began to use and touch these new currencies really in their life .
Please do not think to earn high money for your new coin , the golden period of 100X and 1000X profit finished ,
now we are in the cryptos usage period ,
just think to help salvation for society from dictators and Bankers and Bad big Billionaires via develop real shops for cryptos .
Arash salari.