Why there is a big possibility of bearish market?
It just took me 5-10 minutes using coinmarketcap.com
Price on 01.01.2017 | ATH price (bullish market) | % gain
- Bitcoin 970$ | 2993$ | 308%
- Ethereum 8,2$ | 404$ | 4926%
- Ripple 0,00645$ | 0,422$ | 6542%
- Litecoin 4,36$ | 54,1$ | 1240%
- Ethereum Classic 1,41$ | 23,77$ | 1685%
- Dash 11,29$ | 215,93$ | 1912%
- NEM 0,0037$ | 0,287$ | 7756%
- Monero 13,63$ | 59,8$ | 438%
- BitConnect 0,162$ | 60,11$ | 37104% (from 20.01.2017)
- BitShares 0,0039$ | 0,447$ | 11461%
About problems of 'crypto-market' I was writing 9 days ago: https://steemit.com/cryptocurrency/@cryptowiesiek/what-problems-crypto-market-has-got-right-now-my-personal-thoughts
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Cryptowiesiek/Wojteks102
What goes up must come down, but remember as long as the technology is healthy it will bounce.
Why I don't see a bearish market:
-scaling being fixed. (reason market went down in summer)
-creature from jekyll island. read it. understand fiat currencies.
-crypto market around 100bill u.s.
-fiat market tens of trillions.
-when masses understand this watch the running of the bulls.