Bitcoin and other cryptocurrencies are crashing. We can't deny it anymore. People who were extremely bullish like Richard Heart turned bearish. Bitcoin doesn't seem to find new investors although the technology is evolving fast.
BITCOIN CRASH vs. DOTCOM BUBBLE - What to do now?
Bitcoin and other cryptocurrencies are crashing. We can't deny it anymore. People who were extremely bullish like Richard Heart turned bearish. Bitcoin doesn't seem to find new investors although the technology is evolving fast.
I am quite new in the crypto space, so I did not experience a past crash, but after hearing Richard Heart I am still bullish on Bitcoin too, and hope that in a few months from now we will laugh on this whole dip.
There were 90% "crashes" before and Bitcoin recovered to new highs. And that was when it was used in Silkroad. Now its a legit thing, countries like Japan fully support it, it's being developed. Fundamentals are there for it to recover.
BitCoin price end of Dec. 2016 $963.74
We are still up 7x that price.