Bitcoin Faithful Say This Time Is Different After Price Surge | Crypto Craft

  • Bitcoin Faithful Say This Time Is Different After Price Surge

    From bnnbloomberg.ca

    Bitcoin advocates say this time will be different as the virtual coin surges back to price levels last seen in the wake of the collapse of the cryptocurrency market bubble almost three years ago. The largest cryptocurrency has jumped about 30% this month and topped $13,852 -- the high from June 2019 -- on Wednesday. It’s now at levels not seen since January 2018, when it was on the way down just weeks after climbing to an all-time high of about $20,000. Bitcoin later dropped to as low as $3,136 in December 2018. Proponents of digital assets say the recent rally isn’t another speculative frenzy among individual ... (full story)

Comment Options
TudorIoan
Oct 29, 2020 12:38am
Permalink
What's different ? Oh yeah, more big firms are willing to speculate now next to those idiot individual wannabes ???
So, the higher the pump, the lower the dump !

— crypto trash it was always low on liquidity and still is, ..is low on real cold hard USdollars
— a small group of holders can manipulate the price of bitcoin.
— no mature, safe, and transparent infrastructure to trade bitcoin for both retail and institutional investors,
— no clear and consistent regulatory. And it will never be such a thing. How can one regulate anonymity ?!? No identity, what amount, what location... ?!?
– it doesn't fkn scale...

What's different ???
Nothing's fundamentally different.
Only more greedy idiots.
Reply

  • Related Stories

There are no posts to display for these settings.
  • Story Stats