Mikehoncho Posted November 16, 2018 #1 Posted November 16, 2018 https://cointelegraph.com/news/why-did-crypto-market-experience-a-27-billion-wipeout-experts-discuss-factors/amp Some experts seem to think that the hard fork from bitcoin cash caused a dispute between bitcoin sv. Thats not even why i posted this. If you read on in the article it talks about where the market will go from here with btc possibly bottoming out at $4800 before it normalizes and starts to rise. I was curious about everyone's opinion on that. Is now a good time to sell? Do you think its going to drop more?
williamshennie9 Posted November 16, 2018 #2 Posted November 16, 2018 I think the market will recover when investors gain their confidence in the market back. Market uncertainty causes people to sell their coins to avoid potential losses. This causes the price to decrease becuase the supply increases while the demand does not.
Mikehoncho Posted November 16, 2018 Author #3 Posted November 16, 2018 3 hours ago, williamshennie9 said: I think the market will recover when investors gain their confidence in the market back. Market uncertainty causes people to sell their coins to avoid potential losses. This causes the price to decrease becuase the supply increases while the demand does not. Couldn't that potentially cause the complete failure of the market?
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