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Author Topic: Why MUST Bitcoin crash and have another winter?  (Read 251 times)
pikecara
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December 27, 2017, 10:42:00 PM
 #21

ACtually dips are neccessary in order to curb the volatility. The problem is that bitcoin has gone up TOO much recently without a serious capitulation - 2000% this year after 500% last year - 10,000% in 2 years. That high of a rise is going to warrant a really steep crash. If it hadn't gone up as much and only topped out at say 5,000, then we might only have a crash to say 3000, and it wouldnt be a big deal.

This is completely true, and the dip after the raise was actually pretty small, so far the outlook is great for bitcoin
gorodi
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December 28, 2017, 05:56:25 PM
 #22

I do not think that the situation is very similar to 2013. But there is something in common in them. But still now too much money in crypto market so everything changed.
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