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RE: BITCOIN PRICE DROPS BELOW 2000 USD || BUT THATS NOT THE BOTTOM? OR IS IT? WHAT THE HELL

in #bitcoin8 years ago

Yes I do think it's mainly about the fork. I also think that it's partly because it's summer too and people tend to sell crypto to pay for trips. I think after August 1st people will see that the world isn't over and it will start to level out. When the majority of nodes run BIP and the two chains merge back I think people will start to gain confidence back.

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That's some pretty interesting thought. Well, for me this drop is some great opportunity. Also on steemit you see the greedy people leaving. The confidence in the whole market will grow much more within the next years, i guess.