A wise man once said, one simply cannot predict the unpredictable

This week, the entire community is following the rates jumps with a shudder of heart. Watching all that closely, we picked up a bunch of interesting tweets

  • @officialmcafee: ‘What caused this decline?
    Confusion. The embarrassment of public brawlings. Fear from institutions who took absurdly unenforceable measures to allay their fears. Uncertainty in the minds of traders. But mostly ignoring the implications of a massively growing base of Crypto users.’

May 2018 will be the last time we ever see #bitcoin under $10,000

  • @muneeb: ‘Crypto is extremistan. We can’t predict what will happen; even historically cyclic markets have no guarantees of bouncing back. The tech, however, gets 10x better every cycle. Scientific progress is not cyclic, speculation is.’
  • @bobbyclee: ‘This bear market might last another 18+ months, until the next block reward halving. That’s a long time for everyone except true believers. Enough time to scare away all of the weak long positions. Especially those on margin or those on the fence!’

Centralized coins which can control their own inflation at will (Ripple, e.g.)  will appear to do better during bear markets because they can simply shut the faucet off. However this centralized control completely undermines the point of cryptocurrency in the first place

@lawmaster: ‘Four months left to be correct. I present you the Bitcoin price predictors’


3,499 USD


91.53 USD

Related news

12 Days Of Coinbase, Bear Market, Bitcoin ETF And Learning About Ethereum

Protect And Store Your Crypto With A Ledger Nano: https://www.ledger.com?r=8af3ed38d3b7 ---------------------------------------------------------------------------- Open An Account With Binance! https://www.binance.com/?ref=22170588 ----------------------------------------------------------------------------- Mine Bitcoin On Your Computer For Free: https://honeyminer.com/referred/58xpg ------------------------------------------------------------------------------ Bitcoin Donations Address: 1BYhrLpntMYW97sd8K6fquTcr5MYwPAe2y Ripple (XRP) Donation Address: rLDZeEw8nmsDjLQtACp53Bm9QDcB5bT3S6 Ethereum Donation Address: 0x0e5f5CEFaA9A0713AB6D8F79E6679E22d86C21f6 Litecoin Donation Address: Lh7dbMcXHTxaEAKg4tigKxoXCikceU4ZnM BAT Donation Address: 0x0e5f5CEFaA9A0713AB6D8F79E6679E22d86C21f6 OmiseGo Donation Address: 0x0e5f5CEFaA9A0713AB6D8F79E6679E22d86C21f6 -------------------------------------------------------------------------------- Follow Me On Facebook ! https://www.facebook.com/TheModernInvestor https://www.youtube.com/channel/UC-5HLi3buMzdxjdTdic3Aig --------------------------------------------------------------------------------- Photo Credit To: https://www.crypto-news.net/wp-content/uploads/2017/08/bitcoins.jpg
The Modern Investor

Hot news

By continuing to browse, you agree to the use of cookies. Read Privacy Policy to know more or withdraw your consent.