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RE: Bitcoin Is Getting Stronger Again, Its Dominance Keeps Rising!

in #bitcoin7 years ago

It turns out that not only Bitcoin is free-falling, almost all Cryptocurrency has decreased significantly. Either Ethereum, Ripple, Litecoin, and various types of Cryptocurrency is experiencing a pretty decent decline. Various parties have analyzed that Cryptocurrency phenomenon that triggered by Bitcoin is only a momentary phenomenon, or the cool word is a Bubble phenomenon. Why is it said Bubble phenomenon? Because like a soap bubble, can at any time broken and destroyed.Even one equate Cryptocurrency phenomenon is like Tulip flower phenomenon in the Netherlands hundreds of years ago. Tulip flower phenomenon horrendous Europe to raise the price of Tulip flowers until many times the price should be. Until finally the bubble burst and the price Tulip back as before, and left many people who lost money. However, there are other experts who say that the phenomenon of Cryptocurrency is like the phenomenon of Gold or Gold Rush in America in the 1800s. Where people in the race to dig gold until the value of gold increased sharply. But unlike the Tulip, gold is still used as the basis of the exchange rate, so its value is rarely down.

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