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Sell-off is from the huge run-up in 2017, not because it lost to something regarding fundamentals side of things, BTC adoption is at the all-time high.
by sekai 8y ago
Sell-off is from the huge run-up in 2017, not because it lost to something regarding fundamentals side of things, BTC adoption is at the all-time high.
- sureaboutthis 8y agoAt the moment, it's at 20% of its highest value from just 11 months ago. To me that's a sell off.
- sekai 8y agoYep, but because of the previous parabolic run-up, not because some new actors in the fin space are threatening it. In my opinion, BTC is completely unique and driver by a free-market economy, thus the average economist can't really know how to define it's movement, because honestly, no one really knows.