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RE: BTC - 25 Sept - why the dip? I'll tell you why...

in #cryptocurrency6 years ago

As you mention, being an unregulated market in the most part also makes them very inefficient from a pricing perspective. This is what has made prices so volatile. What is interesting, is that this has been stabilizing over the last couple of weeks. It may be that some just can’t go below zero value while other seem to have found a good demand/supply balance which equates both price and value. Given the continued positive fundamentals in blockchain and cryptocurrencies in general, I feel we are closer to the bottom than farther.

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I concur with that assessment.

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