What's new
Carbonite

South Africa's Top Online Tech Classifieds!
Register a free account today to become a member! (No Under 18's)
Home of C.U.D.

BITCOIN APPROACHING LONGEST PRICE CORRECTION PERIOD RECORD

I didn't find this article very informative. Rather a little depressing. 🐌
 
I love how they call a bubble leaking air a price correction.
Don't get me wrong, I made a fair amount, so I love crypto.
 
WHY IS YOUR TITLE IN CAPS? IT DOESN'T ADD IMPORTANCE TO THE MESSAGE. IT JUST MAKES YOU LOOK LIKE YOU'RE TRYING TOO HARD TO GET YOUR MESSAGE ACROSS.

Seriously though. Why?
 
That is absolutely not what a price correction is. There is no 10% deviation from it's last peak. Bitcoin is inevitably imploding and continues to decline month after month, it is highly unlikely that this will transform into a bull market. Bitcoin is horribly flawed, volatile, at the mercy of governments. That's not to say other Cryptocurrencies won't make it, but there is certainly a lot that needs to be done, before it can closely compete with fiat currencies.

One such an analyst goes by the name Galaxy
Yeah, an 'analyst' should at least be an actual person and not an alias.
 
That is absolutely not what a price correction is. There is no 10% deviation from it's last peak. Bitcoin is inevitably imploding and continues to decline month after month, it is highly unlikely that this will transform into a bull market. Bitcoin is horribly flawed, volatile, at the mercy of governments. That's not to say other Cryptocurrencies won't make it, but there is certainly a lot that needs to be done, before it can closely compete with fiat currencies.


Yeah, an 'analyst' should at least be an actual person and not an alias.


 

Users who are viewing this thread

Latest posts

Back
Top Bottom