1/ #Bitcoin's been falling for 9 months now (Dec 2017 - Aug 2018). From 2013-2015, $BTC fell for 14 months (Dec 2013 - Jan 2015) before bottoming.pic.twitter.com/xKgJwsKXNH
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1/ #Bitcoin's been falling for 9 months now (Dec 2017 - Aug 2018). From 2013-2015, $BTC fell for 14 months (Dec 2013 - Jan 2015) before bottoming.pic.twitter.com/xKgJwsKXNH
Another question is whether the up-coming bear of stock market will drag the crypto market even lower. when something with $30 trillion market cap is down 30% nothing will be able to keep up there even gold itself (gold dropped 25% during 2008 crisis)
I agree. A liquidity event caused by credit implosion would of course drag everything down. (2008) But if we can make it another 5 years. Bitcoin will likely be something approaching a reserve currency. A credit collapse would then mean people flee into BTC & USD for liquidity
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