RE: The Crypto Crash

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The Crypto Crash

in steemit •  7 years ago 

We may experience crashes in the short term , but imagine what the prices will be like 5-10 years from now. WAY higher than they are today.

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i agree, all of our currencies that we invested in a couple months ago, could potentially make us rich in the future, imagine if this crypto market cap reaches 10 trillion!!!

  ·  7 years ago (edited)

My thoughts exactly. Crypto currencies are paving the way to the future. Things are changing dramatically fast.

the surge of the past two months isn't something common in bitcoin history. Yes its volatile but this surge is bizzare. Im just saying don't expect another surge again.

I think these surges are caused by the huge attention it brings to new crypto/bitcoin investers. Most of these last surge, it corrects a bit and then makes a new high.

Theres some controversy about Jihan Wu claiming that they know Satoshi. Charlie Lee founder of litecoin has been called Satoshi before although he says hes not.

There is no history for your view. Bitcoin is unpredictable. A surge like these past two months has never happened before.