- Nov 22, 2019
- 6,959
- 1,681
I thought that it will be 40000 this week but it is only going down. Other coins also lost 10-15%. Is it all over ?
Bitcoin now at 32600. Why is it going down so much ?
- Thread starter onlinemarketer12
- Start date
WillFeckYouUpLol
Newbie
- Jun 8, 2021
- 24
- 4
malletbuzz
Registered Member
- Oct 3, 2020
- 55
- 74
As long as there is greed, this game won't end so soon.
Historically, after bitcoin pulled back to about 30% of its peak price, things will start to stabilize before the next upturn begin. Only when bitcoin move up in value, other alt coin will follow suit. This pattern never changes. Bitcoin needs to take the lead before alt coin like ETH (fans of ETH will argue otherwise) start to move in line.
- Feb 28, 2019
- 7,445
- 7,898
I think it will come down to 20-25k. All the sharks will invest in BTC and it will reach the moon 
WillFeckYouUpLol
Newbie
- Jun 8, 2021
- 24
- 4
agreed. its already somewhat stabilizing. probably 35k+ by tomorrow again.
razorsharp
Power Member
- Aug 26, 2015
- 699
- 285
It's going down because it's worthless
Dark Sky
Banned - leaving fake reviews.
- Apr 3, 2019
- 1,610
- 2,729
Dollar is worthless though and that goes up,
guess what happens if you save $1000 for a year? Well you don't have $1000 no more. Who on this planet would want dollars that's guaranteed to devalue
WillFeckYouUpLol
Newbie
- Jun 8, 2021
- 24
- 4
cant really compare inflation w crypto lol USD is surprisingly steady given the fact that the Feds just print money like crazy
Dark Sky
Banned - leaving fake reviews.
- Apr 3, 2019
- 1,610
- 2,729
Then I guess you didn't hear about the looming global debt crisis that's going to rip us all a new hole, and only the rich will survive.
Unless of course, the rich wipe the debts with everyone. But let's be realistic, there's no way we will convince all the rich people to wipe the debts clean.
No gov on the planet can figure out a solution to the debt crisis.
TheSecond
Junior Member
- Sep 7, 2020
- 144
- 271
the dollar has value because it's the dominant currency in international trade and countries hold it as a reverse currency, it's going down because the fed was out of control during covid and they printed trillions not because it's worthless. don't confuse the two.
I typed the exact thing before I saw you're comment. the dollar hasn't collapsed yet because the US is exporting its inflation and importing goods instead but that won't last much since more countries are starting to drop the dollar.
De-Dollarization: Russia Removing All US Dollar Assets From Its $600 Billion National Wealth Fund
Hitler managed to do it : )
- Nov 22, 2019
- 6,959
- 1,681
Some positive news is required.
- Mar 21, 2013
- 24,780
- 31,549
Because people are selling
DigitalUpdate
Registered Member
- Jul 10, 2017
- 83
- 28
Yeah, it's a bad news.I had small amount of bitcoin.it's a risky investment man now
TheGreyMatter
BANNED
- Mar 23, 2011
- 3,697
- 4,060
Ups and downs are a part of the market and like every bull run, there exists a bear run as well.
xinase3501
Banned - Inappropriate behavior
- Apr 17, 2021
- 144
- 270
Have you heard the saying "The Bubble Has Burst" That is life son..