Bitcoin Price Dropping Again/Crypto Red Markets
I don't always get to check the markets, but I know that the last time I did Bitcoin was at a little over 11,000. Well now it's a little under 10,000 today. I also see that the markets are red for the other coins so that's not good. I'm not really worried because I think it will go higher still. I just like to look at the price and see how it's performing.
We'll see what happens in the next few days. I wonder how long it will take to go back up to 20,000. The only thing that this really affects is my hashflare account, but I have diversified to other programs and endeavors so I'm not worrying too much.
mark my words by November at least once we are gonna make new all time high and we will break our previous ATH. 20k$ for sure. panic hands need to move out of crypto :P
It will likely go hyperbolic sometime this year to silly highs and then come crashing down like we have never seen. Many new investors will come in as it starts rising and it will cause a mania where the new investors will send prices higher than they should be. Stupid things like Ripple will use marketing to drive prices up higher than they should be. Ripple itself hasn't updated their product since Stellar Lumen branched away from them. They make public all these agreements, but if you read closely you will see that these companies are not using the ripple blockchain or ripple coin only licensing the technology to use within their own system. It isn't even a crypto for all practical prices if no one even uses your coin.
Check out my article it goes in depth about judging cryptos in a different way: https://steemit.com/cryptocurrency/@byzantinehash/old-doge-s-can-do-new-tricks-for-hooters-coins
Don't forget to follow me @byzantinehash if you like it.