Oh My, Bitcoin is down 23-30%! Let's take a look.

in bitcoin •  7 years ago 

Screenshot-2017-12-22 Cryptocurrency Market Capitalizations CoinMarketCap.png

It looks really bad, but only if you are looking at the short term. However if you are looking at the chart of Bitcoin year to date the outlook is completely different. On the left on January 1st you can see that Bitcoin was under $1000! If you are a HDLR, i.e. long term holder, you are doing good.

chart.jpeg

bitcoin cryptocurrencies money chart
7 years ago by

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      ·  7 years ago 

    Load up the boat on the way down.

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      ·  7 years ago 

    Yes, I still believe Bitcoin will achieve wide acceptance.

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