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Author Topic: Is It The End Of Bitcoin?  (Read 3132 times)

Offline Freemind

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Re: Is It The End Of Bitcoin?
« Reply #60 on: May 31, 2021, 04:47:55 PM »
I sure hope so. If they same thing happens twice Bitcoin's reputation would be permanently damaged.

Did Elon Musk fart?. I ask this because the value of Bitcoin has been more or less stable for many hours. After all, Bitcoin's reputation has never been good, but it has still reached a huge ATH that it will soon surpass again. Many people have changed their way of thinking about cryptocurrencies since 2017-2018, the acceptance is much higher, as is the investment. We have to keep moving forward.
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Re: Is It The End Of Bitcoin?
« Reply #60 on: May 31, 2021, 04:47:55 PM »

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Offline smrityirany

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Re: Is It The End Of Bitcoin?
« Reply #61 on: May 31, 2021, 07:07:26 PM »
At the present time the price of bitcoin is around $37000 but before few month it was around $60000. The total crypto market has lost its value a lot. At the  same time bitcoin also has lost its price very much. This is not standard. I think the crypto market will recover very soon and the bit coin also will recover its price in near future.

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Re: Is It The End Of Bitcoin?
« Reply #62 on: May 31, 2021, 11:24:37 PM »
This is not standard.
What do you mean by saying "not standard"?
Do you think Bitcoin has a standard in its price? I don't think so.
Bitcoin price is always unstable and fluctuating. It has no standard, because no one controls the price. How much the price of Bitcoin in the market will be determined by the current supply-demand in the market.

I think the crypto market will recover very soon and the bit coin also will recover its price in near future.
Not sure if the price can increase again and reach $60k again in the near future. Currently, the price of Bitcoin seems hard to increase above $40k. Most experts stated that the price must be above $43k if we still want to see the next bullish in Bitcoin. While if the price drops below $30k, it may be the beginning of bearish.

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