Bitcoin dive to $14,500

in bitcoin •  7 years ago  (edited)

Screenshot_2017-12-21-23-52-25.png

What happened to bitcoin? Is it going down to $11,000 or going up? What do you think guys? A bubble bursting or a sky rockret going to the moon again? Comment below!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I think it will going up again.

Mee too. Need to buy some at the bottom;)

bubble is bursting... the fees are so high now that it's gain popularity, it's not viable for small transfer amounts... people are starting to realize this and move to other coins, the sell off is causing the price to drop. I think before too long, another coin will take it's place as a leader and bitcoin will be known as "legacy tech."

everything that goes up in the end finally has to fall on the bottom, 28/12/17 we have segwit2X thinks that this is the reason for this postulation is going to normalize

But wouldn't segwit2x cause Bitcoin price to rise?

Anybody who already owns bitcoin needed to sell some so they could buy Christmas presents and pay the rent. People on the outside looking in can see that cryto is real and now they want to get in by buying some cheap stuff like ripple. I still say that 20k is some kind of psychological barrier that wont be broken for a while. Steem is doing good and will continue to climb because it is such a real and understandable product. The average grandparent on FB understands the value of social media and that translates easily to Steemit.

Un superbe article comme d'habitude et qui est très passionnant, mais je trouve cela dommage que tu n'as pas assez de popularité tu mérites 100 fois mieux mon ami, j'attends avec impatiente ton prochain article porte toi bien ;)

market correction, all assets go up and down, cyclicity at work here. wait until bitcoin finds a level of support and then the buyers will start pouring in again :)

I look at this as just a normal daily cycle too. It went down a few thousands yesterday and I bought some. Bounced back by end of the day and I sold what I bought and made some good profits. I think the large daily variation makes for some good opportunities in day trading.

yeah, crypto currencies are very volatile. At least we know that Bitcoin is still the largest of them all. High market cap provides some support

People dont do well with volitility, best to just wait it all out. While BTC falls a bit, others will be cheaper for a day or so and will - eventually - after mainstreaming will sart to see fast % in days. Best to get into smaller ones if you wish to come out on top in a bigger way than having fractions. Unless the one your in 10x folds

Really nice post, too informative!Follow,vote and comment on my posts and i will repay you