Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Fiord on June 12, 2018, 07:32:04 AM



Title: Exact explanation of current Bitcoin falling.
Post by: Fiord on June 12, 2018, 07:32:04 AM
At last! I saw a lot of analysts, but few of them could give any exact estimates of what is happening on the market, until I heard the most accurate explanation for the market fall, it was given by Joseph Young:

“Bitcoin fell because people sold and not enough people were willing to buy”


Title: Re: Exact explanation of current Bitcoin falling.
Post by: Robbio on June 12, 2018, 07:35:33 AM
At last! I saw a lot of analysts, but few of them could give any exact estimates of what is happening on the market, until I heard the most accurate explanation for the market fall, it was given by Joseph Young:

“Bitcoin fell because people sold and not enough people were willing to buy”

LOL,This can't be called an analysis at all. Any commodity will inevitably depreciate once nobody wants to buy it. This applies not only to Bitcoin, but also to real estate, gold, automobiles, and stocks.