In 2017 we went from $1,000 to roughly $19,000. That's 1900%. And in 2018 there is only left 550% of these 19,000%. So, 1350% was lost. If you read it like that 2018 was a horrible year.
Percentage scale. https://www.barchart.com/crypto/quotes/^BTCUSD/technical-chart?plot=BAR&volume=total&data=WO&density=O&pricesOn=1&asPctChange=1&logscale=0&sym=^BTCUSD&grid=1&height=500&studyheight=100 There's a little button bottom of chart to toggle between USD & %.
I wouldn't be listening to the drivel coming out of @schweiz. Nor engaging with her for the attention she so lacks IRL. She claims to not make a prediction, then makes a prediction. The history of contradictory statements and lack of basic comprehension makes her a poster child for why pregnant mothers shouldn't do drugs and gangbangs. Much more importantly, after claiming to have blocked me she still responds to me. I must have hit a nerve. I think I absolutely right on the failed trader and insecure part.
Well, the true value of a currency is the total value used for real commerce. Cryptocurracy is a good investment nowadays, it's just important to find a correct information and get over it. I've collected some bitcoins through Motocoin https://motoco.in/#/ There are a lot of different ways how to mine some coins and that's amazing. Cryptocurracy is a future.
Bitcoin is approaching the $4,000 level. The title of the thread is correct. It gets confirmed over and over again, already for all 2018. But some "very correct english writing and speaking" people don't see that. LOL. Knowledge of language has clearly nothing to do with knowledge of trading /investing. And missing knowledge of how Bitcoin and blockchain works and what the use of it is, is apparently irrelevant. Better to have some brains that can analyze critically and logically.
Yes, because in 9 days time the value lost again roughly 30% against the USD. So if you wish to buy something now that costed 1 BTC 9 days ago, you will have to pay now around 1.45 BTC, so 45% more in BTC. If you make an international payment however you can save 0.0001 BTc in wire transfer costs that you don't have to pay in BTC. LOL. I wonder which idiot company would accept payments in BTC or any other crypto, if they would have no risk with $ payments. All hypothetical payments Amazon would receive yesterday would have lost 30% of their value... 6,400$ was 1 BTC 9 days ago. If you pay today 6,400$ in BTC you will have to pay 1.45 BTC ($6400/$4400= 1.4545) Market value of all crypto's lost again $50 billion in the two drops of the last 2 weeks. Remains now less then $150 billion.
And apparently fraud: Bitcoin-Rigging Criminal Probe Focused on Tie to Tether https://www.bloomberg.com/news/arti...minal-probe-is-said-to-focus-on-tie-to-tether
this is old news, the best traders in the world have trouble hedging currency risk, but not these dudes able to peg to the dollar always, amazing!