Bitcoin is volatile, and can easily rise and crash without good/bad news. We can think of reasons and speculate on why prices move such directions, but there's really no way to know for sure.
As a Legendary member that has been here since 2014, you should probably know this by now.
As a Legendary member that has been here since 2014, you should probably know this by now.
Yea, I have been a member since 2014 and a Bitcoiner way before that, but the price behaviour has changed a lot in the last
couple of months. We have seen a stable price for months now and now suddenly we are seeing slight volatility again. We
also saw volatility linked to "news" that was published in social media, but this time there are not something that was
announced that might cause a dip in the price.
(Apart from the upcoming Bitcoin Trash fork)The bitcoin markets have only existed more or less just a decade. And yes, there are some things that might be weird because we haven't seen something similar in the past. But guess what? I'm pretty sure we haven't seen nothing yet. Long term, I'm 100% sure we're bound to see rise and drops in price multiple times as massive compared to what we have seen last December. Buckle up your seatbelts and enjoy the volatility ride.
