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RE: Black Friday Crypto Crash! Are All Cryptocurrencies Going To Zero?

in #bitcoin7 years ago

Yeah, Bitcoin is NOT hitting 0 lol

I have several friends who were waiting just for this opportunity, a good dip to be able to jump in before it starts to go up again big time. My hisband believes this low is necessary so that newcomers can see how crypto works, not freak out too much and not pull back the next time it dips, once it hits highs of 50K and more, big dips might hurt more than now. He says this dip is necessary for the future of crypto health and for it to continue to go up steadily. I don't get all the technical terms yet, but I've seen a lot of people voicing similar opinions based on their knowledge.

Plus it doesn't worry me, so I think this was needed and hopefully, if all goes well, crypto can go back up, by a lot, and then when it dips, it won't dip so much, it'll be a smaller dip, because people won't freak out or panic sell.