Why Bitcoin crashed and will rise again
Despite all the bad news, we have to keep believing in Bitcoin. This is our chance to give the entire world access to a honest financial system. Once again the Bitcoin world is full of panic. Shit (mostly Chinese) has hit the fan and prices are falling down as we speak. Five months ago, Bitcoin was at an all-time high. One coin was worth more than a thousand dollars. At the moment I'm writing this; a Bitcoin is valued at a 'mere' 400 dollars. How did we get to this point and are people right to panic? No crash is ever the same. I often hear cryptocurrency fanatics say this has happened....
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Bitcoin is showing signs of replicating its trend from 2019 that crashed its prices by more than 50 percent.
Dopecoin. Earlier this month, a Dopecoin price rise took investors on a wild into the upper echelons of the market cap charts. However, the past week has brought a dramatic price decrease to Dopecoin. Is the marijuana-themed coin just on a bad trip, or is this a symptom of a larger trend? Also Read: CannabisCoin Price Sobers Up after Yes We CANN Event. Dopecoin Price on a Bad Trip. On October 14, the Dopecoin price got high-fast-, spiking from 14 to 301 satoshis. But this rapid Dopecoin price increase was unsustainable. By the next day, the Dopecoin price had crashed back to 114 satoshis.....
After being titled as 2014's worst investment, Bitcoin was expected to leave its poor performance behind to pursue 2015 in a rather bullish manner. But looking at the current BTC/USD chart, it seems like the road ahead is as bumpy as it was before. The pair, in over the last 24 hours, has crashed below $300, to around $290. The price is currently way below its selling threshold, and has entered into an oversold area. As you can see the charts, the last few hours have encountered a huge number of selling orders. It somewhat reminds traders of the November bearhwhale fiasco, in which over....
"The Rise and Rise of Bitcoin is currently the #1 Documentary on iTunes," announced the film makers on Twitter one hour ago. "Thank you all for your incredible support!" "The Rise And Rise of Bitcoin" was released a few days ago and can be purchased from the online store on the film's website. The film has received enthusiastic reception and reviews, and may be partly responsible for the recent recovery of Bitcoin price. Also read: The Rise And Rise of Bitcoin - First Impressions. Buy From The iTunes Store with Bitcoin! In related news, it's now possible to buy from the iTunes store with....
The Bitcoin price has slumped again, dropping to just above $570 in what could be part of another extended bear run. It’s a far cry from just a two months ago, which saw cheers of “to the moon!” as the bitcoin price reached $772 on June 16. It crashed to $593 on June 22 before recovering back to $707 by July 2, and has been mostly in decline since. It....