RE: Bitcoin Tanks to $10,000 - Buy the Dip!

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Bitcoin Tanks to $10,000 - Buy the Dip!

in bitcoin •  7 years ago 

Simple question... is the fact that Crypto (and especially BTC) has now become “mainstream”, a problem or an opportunity?

What I mean by that, is that with the recent popularity of the market, lots of new money has flooded in. That same money tends to get very shaken by a bear run...

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I think the only way of knowing is following volume. As simple as it is volume seems to have driving prices high.

It's pressure to force the technology to become better, so in that way it is a good thing. It's a bad thing in that if this all collapses (bear market), blame will be sent everywhere and many people will be left with a bitter taste in their mouth.