When the doors open on Bitcoin's post-Thanksgiving rally that saw the $ 11,300 in A few days ago everyone was lining up to board the roller coasters as the ordinary individual adoption seemed to be in full swing.
Everything seemed rosy as before the confetti even settled on the $ 10,000 party the next cake was released with a brand new 11,000 candles. Wall Street was on board, John McAfee put his manhood on the exuberant digital currency and nothing would stop this monumental race.
All this jubilation has obviously triggered something in the volatile beast that is bitcoin like just when you believe yourself. to have a handle on things, the monstrous currency bucks the trend. $ 11,000 turned into $ 9,000 and suddenly a fifth of Bitcoin, and any investment for beginners who invested $ 11,000 disappeared in the night air.
There is a fairly large sect of the world's population seated with pins on their backs waiting to burst the Bitcoin bubble and declare it proudly dead. They were there at $ 800 to $ 1,000 and they are still here at $ 8,000 to $ 10,000, but their pins are much more curved and dull.
Bitcoin continues to die a thousand deaths, but as a zombie movie never broke down. The more things change, the more they stay the same and the latter drops to the same composition as many others that preceded it.
Remember the shared rally after the chain? Bitcoin had survived the war and had even made a very familiar new friend, but that meant the piece was invincible. Everyone and their mother were buying Bitcoin and the rally began as the Wall Street money drive made its way into the news and that people were buying like drunken revelers on the Las Vegas Strip .
Suddenly, the speculative price became "
" It is therefore natural and normal that a market has a correction after a race like this. Historically, Bitcoin corrects from 30% to 50%, "said Adam Sharp, the co-founder of Early Investing, in September, but these tips are now in most situations
shaking, Bitcoin has flooded the market at reduced prices, and the vultures have melted. One does not need a degree in economics to understand what happens when supply and demand act like that …
The future of Bitcoin in photos. pic.twitter.com/45sMn7kSc1
– Patrick Scott Patterson (@OriginalPSP) November 29, 2017
Cashing me on bitcoin after the first crypto-currency peak crash. twitter .com / IVDwfcoB5m
– Errol Spence Jr. Jr. (@Thmpsn) November 29, 2017
The Bitcoin Crash of Today is the exact reason why I will not invest. Imagine when Bitcoin experiences its first economic recession …
– JC?? (@ nunjc24) 29 November 2017
"Those who forget the past are doomed to repeat it"
Ce subtitle does not it sound as true in the world of cryptocurrency? The number of times that Bitcoin has rallied, corrected, dipped and gone up to go even higher is too many to count on all your fingers and all your toes combined.
Redditor Exotemporal gives an opinion on the ground that feels a little more real than those that have sprouted from the billionaires who engage in cryptocurrency.
"They do not remember the past because they were not there to witness the previous declines," writes the redditor. "I can see why anyone would think that a 20% drop that happens in a few minutes is scary.They will learn that those troughs that are not accompanied by bad news are just transfers." 39, silver from the weakest hands to the strongest hands.Dips are a regular occurrence and an opportunity for newcomers to buy Bitcoins at a reduced price. "
Another, small user greener, also gave his personal feelings on the wild lash of a ride
at $ 8,250 and he remained steady until the 9-11k big push ", has writes the user Leathermanhelppls. "I was worried for a few days that I bought at the highest all time and I would be losing … now the real fun begins! This is the lash of exaltation that I have promised. Go to [hold] for all it's worth! "
Secret Symbol № 20: 9 What is it?