Do you think Bitcoin will recover? 50% off the highs now I bought at 11.000 :( |
Do you think Bitcoin will recover? 50% off the highs now I bought at 11.000 :( |
What type of "asset" is Bitcoin? Does its value just reflect the cost of the electricity that went into creating the coins? If so, then we'd have a very different price dynamic. I'm calling it an irrational bubble.
* Bitcoin Cash and others have grabbed its market share through impersonation * Other coins have faster transactions with lower fees * Other algorithms have opaque blockchain for better anonymity.
Bitcoin was first through the door. They got shot.
Recover, as in go above 11,000 and stay there? It might... but I doubt it.