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Bitcoin Forum > Economy > Economics > Speculation > drop of the value... any reasons?
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ASHLIUSZ
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June 18, 2017, 06:06:18 AM
 #61
As most users have said it's obviously based on the real nature of bitcoin to have fluctuations in between the price increase. This time this has been made a big talk because of the price expectation of the users. In my view it seems to be the time of gaining resistance to give a next price pumping.
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Esphere.in
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June 18, 2017, 09:29:25 PM
 #62
Quote from: ASHLIUSZ on June 18, 2017, 06:06:18 AM
In my view it seems to be the time of gaining resistance to give a next price pumping.
Yeah, Grin we have a good resistance at $3000 and it looks like we have a good support above $2000,the only thing everyone is waiting is to see whether these two levels will be broken.
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June 18, 2017, 10:43:54 PM
 #63
The main reason is that superior crypto tech like Eth is overtaking Bitcoin rapidly, but since the market is still led by the bitcoin price everything including Eth will have to go through a dip first before rising as the superior and biggest coin that will lead all of future crypto tech development.
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June 19, 2017, 12:02:31 AM
 #64
If other users know how to value things? This speculation is simple and just to think of it, if cryptocurrency is decreasing? It's not a big problem tho some of us don't like it. Think of it as a good thing. Other people or us users can purchased another one because when the price is decreasing also the price of bitcoin may affordable
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