Bitcoin: This weeks crash! What happens to the cryptocurrency market next?

in #bitcoin6 years ago

This week, the cryptocurrency markets were pretty beat up. What does that mean for the future and what is the smart money doing?

Tim Draper, Peter Thiel, Jack Dorsey don't seem phased. Tim Draper retains an extremely bullish outlook and has very aggressive price predictions for bitcoin.

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ahh- thanks for the feedback let me dig into that

@novacadian - thanks for that catch, its good to go now!

Did my last doubling down in the 2015 dip. Still a good looking buy in even at today's prices. 😎

https://www.coindesk.com/bitcoin-price-falls-14-following-bitfinex-flash-crash/

Incredible- well done on that! It's crazy how many people joined in q4 2017, really solid you got in for that 2015 double down and it sounds like maybe before as well!

The before can not be attibuted by any smarts of my part. More like dragged kicking and screaming. It was explained in an old blog post starting at about the 5th paragraph down...

https://steemit.com/steemit/@novacadian/observations-of-a-fairly-noobish-steemer

Just gave it a read and an upvote- very interesting way to get started in the space!