Another Bear Market in November?
Based on this chart it looks like we'll be getting another crash and subsequent bear market similar to what we just experienced come November.
Right before Christmas too, so I guess I know what I'll be asking Santa for this year. More cheap crypto!
The bitcoin team just.... they need to get it together, because this cant continue for much longer. people will eventually bore with the constant threat of forks and splits because the network needs to be quicker.
at the moment ethereum, litecoin, IOTA, ripple and Dash all fill the void that bitcoin is currently digging out.
In all honesty bitcoin is only around because of its name, its one of the most obsolete coins on the market , it does 1/10 of what the other coins can
I totally agree with you about the limitations of BitCoin. Other coins in the currency space are far more exciting, but when it comes to mass adoption with the general public, one could argue that BitCoin will most likely be the first out of the gate. At least in the States. So I think support will continue and it's definitely a coin to get behind when it's price falls during these types of embending threats rise up.
My big bet would be for LiteCoin, Ripple, and Ethereum to be right behind BitCoin once that day comes when it starts to really show it's age.
Thanks for the comment! I really enjoy your YouTube channel btw.