Bears & Bulls, something still not happening and some other rants...

in rants •  5 years ago 

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Despite many forecast and predictions for Bitcoins and Alts, something still not right in the crypto-space. Bitcoin is hovering between $10k and $9k US Dollars and Alts are not showing any significant rise, but of course, Bitcoin determines the price of other crypto, it's volume been traded and it's market Capitalization dwarfs the entire Alts Market Cap.

But what exactly is happening? Could the United State President's comment actually after the price of Bitcoin? Could it actually spook people and activated a dump which is looking like another Bear?

A whole lot of things determines the Economics of Tokens, one of which is the media. The media holds the power to make or mar a token, sadly not many Alts are showing good signs except for one, $LINK which the media didn't hype till it came to spotlight. The only Alt that has shown how deviant it could be despite the powerful pull of Bitcoin dropping in price pulling other Alts along with it.

Its a whole messy business being on the Blockchain, the High Octane Volatility could make you lose your nerves as an investor both big time or small time. Maybe its the price to be paid for early adoptions, maybe not. Hopefully It all get better soon...

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Gracias