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RE: Since 2015, Bitcoin's low of the year was always in mid-January

in #bitcoin7 years ago

The volatility of Bitcoin doesn't bother me as much as how the majority of ALL other coins and tokens follow suit. Even those cryptos that have valid and noteworthy projects behind them all suffer. This is so unlike the stock market where a "sector" might take a hit not affecting other unrelated sectors. Hoping for the best in 2018!

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I agree with this 100%, it is starting to drop in terms of marketshare, but still massively controls the price movement of the crypto markets as a whole. I'm sure over time that this will change, but it is still very early days and it will drag the market (up or down) with it for a while. Nobody really complains when it is moving up, it's the plug hole effect on the way down haha

Somebody had better find the plug, and quick! We are all losing VP! 😖😖😖