Bitcoin’s meteoric rise last year had many observers calling it one of the biggest speculative mania in history. Bitcoin make a history of crashing in 2018.
Bitcoin is going down 70% down after rise in December 2017, There are thousand of coin are goin down to near about zero because of bitcoin is down.
“You’ll have to see the market reverse before you see”
institutions pile in, Peter Smith, chief executive officer of Blockchain Ltd., which introduced a crypto trading platform for professional investors on Thursday, said in an interview on Bloomberg Television.
Still, Bitcoin is down around 55 percent this year, according to Bitstamp. Other coins including Ether and Litecoin down more, while the combined value of tokens tracked by CoinMarketCap.com down to $236 billion. At the peak of crypto-mania, they were worth about $830 billion.Bitcoin may not go to zero, but it’s “very much” a bubble, Robert Shiller, the Nobel laureate economist whose warnings about dot-com mania proved prescient, said in an interview with Bloomberg Television’s Tom Keene on Tuesday. Last year’s Bitcoin surge was “not a rational response,” he said.
We hope that bitcoin bullish run start in few days month in this year. Our hope come true
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