WHY BITCOIN CRASH IS A GOOD THING

in #mgsc6 years ago (edited)

Hey there guys!! I'm thankful right now for the cheap price of Bitcoin this is the best thing that we could have asked for. You're probably asking yourself how this possibly be a good thing we've lost so much money. But one Bitcoin still equals one Bitcoin and Bitcoin much like the rest of us has taken a few bruises along the way but it comes out stronger at least that's what Bitcoin keeps telling itself it's gonna come out stronger.

FW34gwu-2.jpg In fact just yesterday I lost my bet to my friend, I bet him $10,000 that Bitcoin would not go under 6 K by the end of 2019. SHUCKS. Just barely lost that one by 18 months. I lost way more money on it going down than that bet. I bet you feel stupid now. I may have lost money but I'm not an idiot. I know that the price of Bitcoin has dropped substantially but in some ways don't you think this is kind of a good thing new people can get in it makes it so people might want to work hard to actually create good technology.

  • I mean this could be the future, in fact, we needed this to get to where we were going without these crashes like we've seen time and time again we couldn't have the rallies. This is the best thing that could have happened to Bitcoin and I keep telling myself that every day so let's go on a journey together to find evidence that supports our viewpoint. Look at all these cheap hot Coins $500 ethereum, under fifty cent Ripple, under $800 bitcoin cash, I mean the list goes on and on keep it going.
  • I mean this is really good it's fine I'm just happy to have a chance to buy such great coins it's such a great price.
  • I'm sure the Bitcoin cash community has some nice things to say let's see what happens​. Its been a tough time for a lot of people and that's what you're getting involved in here in cryptocurrency because it is not linked to classical assets or revenue and is based way more round speculation or almost entirely around speculation then you're gonna have price fluctuations that are much wider than you would normally see.
  • This is why you want to make sure you have a balanced approach and in general,​ when the prices go up a lot I'd probably sell some and when they go down I'd probably be looking to buy.
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yes u are right.

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