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RE: Current Bitcoin Bear Market Similar to 2014/15 Bitcoin Bear Market?

in #bitcoin6 years ago (edited)

Have to keep in mind that the research game is to be creative and draw up every analogy possible to stay in the headlines and market your firms brand. While I respect his work, Tom is excellent at that with bitcoin. The analogy doesn’t necessarily mean anything. Vs 2013, the biggest pro is that there is wide spread bitcoin recognition and more confidence in longevity of crypto, but the con is that we haven’t been tested by a down economy where there’s wide spread fear, risk off and cash parking. That’s btcs biggest test in my opinion.

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Yes good points and I agree. Every bit of research is to be taken with a "grain of salt." Though, it is interesting to be aware of certain patterns.

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