You are viewing a single comment's thread from:

RE: Lessons from History - Crypto is not really a bubble

in #cry6 years ago

A correction would be a small percentage over a short time frame

who can say when will return to growth

maybe will keep going down until $1500 and wont go back up untill after the next halving in 2020

Sort:  

Yes it might be .. but price is a direct reflection to any improvment or value BTC is added to whole cryto eco system .. as soon as any such value triggers we can see a price jump

price isnt really a reflection ecosystem grows all the time but prices fall

look at the growth of bitcoins hash rate 14 > 40 in 6 months yet price continues to fall

https://data.bitcoinity.org/bitcoin/hashrate/6m?c=m&g=15&t=a

The best part is unlike centralized networks the innovation is happening around the edges of network and open to everyone with any permission . so day by day we can see a lot of value and innovation being added ..

Coin Marketplace

STEEM 0.22
TRX 0.24
JST 0.038
BTC 94692.02
ETH 3236.92
USDT 1.00
SBD 3.29