Measuring by decline from peak, or days since ATH, this is worse than every decline in the last 6 years, except for the one after 2013 which took over a year to reach the bottom, saw a decline of 87% and took 3 years to recover.
This is Already the Second Worst Bear Market since 2012
7 years ago by demotruk (69)
$6.21
- Past Payouts $6.21
- - Author $5.17
- - Curators $1.04
24 votes
- + teamsteem: $4.399 (5%)
- + abh12345: $0.574 (10%)
- + geekgirl: $0.455 (20%)
- + demotruk: $0.377 (100%)
- + amreshchandra: $0.114 (68%)
- + condra: $0.104 (100%)
- + yaanivapeji: $0.078 (28%)
- + masterofcoin: $0.037 (29%)
- + boyelleq: $0.022 (100%)
- + eriluks: $0.013 (100%)
- + nishaopt: $0.008 (100%)
- + kiporen212: $0.004 (100%)
- + andreroque: $0.004 (100%)
- + shofiejan: $0.004 (100%)
- + sonrip: $0.004 (100%)
- + saharia: $0.003 (100%)
- + anymoneymaker: $0.003 (100%)
- + rifa89: $0.003 (100%)
- + agusalim86: $0.002 (100%)
- + faruqmohamad: $0.002 (100%)
- … and 4 more
It's been interesting to see what feels like an uptick in companies taking bitcoin just as the value of bitcoin has been plummeting. Maybe it's just me being more aware, or maybe it's an attempt to stabilize the currency? Maybe it was a deal determined a while back and announcing it now makes it feel like bad timing. I don't know. Just seems odd.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
What uptick? Several of the largest companies using Bitcoin have dropped it such as Steam, Microsoft, Overstock and Dell. Transactions per day have been dropping since December, and largely flat since they hit the block size limit in 2016 (December managed to be higher due to increased hashrate and faster blocktimes, a necessarily temporary phenomenon).
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Well, see, that's what I've been missing. Since I joined Steemit, most of what I read now is on Steemit, and a lot of that out of my feed. In the last week there's been the Crypto Cafe open and now a post about Squarecash buying and selling bitcoin. Obviously, there's a proportional news problem going on and I need to get out of my feed more!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
No reason to panic. I think Bitcoin is outdated, but the valuable coins will catch up again.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hope things will be alright with the time
-cheers-
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I don't think so. I don't think Bitcoin (BTC) will ever break ATH again.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I hope Bitcoin can die off and let the rest of crypto continue to grow. Maybe that's optimistic.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
At the very least we need clarity on Tether. Either a reputable audit or it collapses. Otherwise it's a dark cloud hovering over the whole ecosystem indefinitely.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
lol dream big
hahahha
just search the google
how Bangladesh share market destroyed .. everything will be understood
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
There is no way the things will be alright .. In Asian market the same corruption happened long before.. The investor lost their money.. it has been 10 years we could not recover our lost.. They CEO withdraw all the money from the market just doing a simple trick.. he bought so many share and the price become increasing too first after that he just sold his share and the price of the share become decreasing..
$1000 dollar share become $20 dollar within a days hahaha
what a speculation
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Absolutely!! I monintored it too and it gave me goosebumps.
I'm even afraid to check my balance or portfolio now lol.
But then, I know it'll get better with time. It always does
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Just have to wait it out.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
fist they showed up how the bitcoin price stood up regularly and insist the investor to invest the money in the crypoto currency market and generate unlimited saving for u... now when everyone intend to invest their money ,the value of the bitcoin become decreasing haha we fool lose our money,.. They CEO withdraw the money from the market and become world top rich man lol.. seriously people lost their hard money.. This is absolute corruption
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice sharing....
Good information...
Success is always for you @demotruk...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Upvote end Follow back.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
interesting x post... i interested in your post... i want to see this type post... carry on...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit