What can you say about the low price of bitcoin and altcoins today?

[passwordnow]

A normal market needs go through a correction. A year ago bitcoin has been called as a ponzi.

And now that bitcoin is correcting, they never stop throwing bad words to bitcoin. A real market needs to experience this so that's the real reason.

[Snake9999]

I think the price of Bitcoin is not very low, because you are referring to the price of Bitcoin last year, and I am referring to the price of Bitcoin in all time in the past!

[fuer44]

although the price of bitcoin and altcoin fell, but still arguably the price is still quite good compared to the previous period. but the bad thing about the current market red is the impact on ico which also dropped very dramatically. I can say this year is the worst year of ico, for the crypto market itself is actually still quite good.

[batang_bitcoin]

I think the price of Bitcoin is not very low, because you are referring to the price of Bitcoin last year, and I am referring to the price of Bitcoin in all time in the past!

That's how the comparison goes nowadays.

Everyone keeps on talking on how high bitcoin was during the bull run of 2017. But looking at the past months of that year, you'll see on how low bitcoin was during Q1 and Q2. And as we compare bitcoin's price now to the current month of last year, well its kinda a bit lower.

[lamba]

Mate  they pumped for earning money from cryptocurrencies like before and now they are dumping to collect more coins with low prices. That is the law in crypto market. Whales doing some pumps and they are selling their bags to fomoed newbies and after they asre starting to dump these tokens . Newbies lost their money and whales are earning money.

[Leah38]

Good day! Its been months that bitcoin and ethereum stayed at a very low price. Very disappointing I may say especially if you had bought at a higher price. No confirmation of any bull run and some says it will happen on 2021. Anyways cryptocurrency market is unpredictable so I'll just stay posivite.