Bitcoin Forum
May 25, 2024, 06:53:39 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 [6]  All
  Print  
Author Topic: it seems to getting more difficult now to analyse cryptocurrency prices  (Read 872 times)
SquallLeonhart
Legendary
*
Offline Offline

Activity: 2352
Merit: 1101


"CoinPoker.com"


View Profile
November 05, 2020, 03:56:15 PM
 #101

You could say that to 2020.

Pandemic, and other problems in between and now we have these storms closing to our country. What a year, anyway I think that could also be because of the things happening and people are quite attracted to Bitcoin, with a lot of people going in and going out I guess that makes Bitcoin more unpredictable, something we can get from this chart, I guess.

You could say that about every year in this case. Remember 2017? Bitcoin was supposed to be in a downward spiral with all the internal wars going on with big blockers. Ethereum was supposed to do the Flippening and CryptoKitties would push it to the top.

But Bitcoin improved and ETH went down.

And trade wars in 2019? Made Bitcoin go even stronger.

Every year is difficult to analyze, and hundreds of experts get it wrong every day;)
I could say that every year has something special about it, and I am sure that if you go back in time and check every year at least few stuff that is not really nice happened not only in crypto but in general of the world, there hasn't been a year without any major problems in any nation, there is always at least one big news in the world.

However let's be realistic, we are getting closer to almost 1 year of pandemic and people trying to stay at home as much as possible and wearing masks as much as possible when they go out which is like the middle ages with masks of big nose thingies.

So, yes every year had something but for the past 70 years or so since world war 2, there hasn't been anything that affected the whole world at this scale, this year is much much different than the other ones.

Pages: « 1 2 3 4 5 [6]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!