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RE: USD is a Scam, Invest in Bitcoin/Crypto Before U.S. Debt Spirals Out of Control

in #bitcoin6 years ago

As much as I agree, and I also invest in crypto, the fiat currencies seem way more stable than crypto... am I wrong?

Look at bitcoin, it’s dropped so much in 6 months, has that ever happened to a strong fiat?
By the way I’m pro crypto, especially ones with case uses such as XRP, wtc etc,.. but fiat currencies are easier to predict.

What on Earth is making bitcoin drop like this? So many people are invested and price keeps dropping.
Why do they all follow bitcoin trend? Even though different cryptos have different case uses, they all (95%+ of them) follow bitcoins trend.

Surely we can’t just look at the trend lines and think “oh in 2007 it followed a similar pattern” because it’s now, but what is affecting this. All signs should be pointing to a growth but a big fall is occurring. Look at steem! More members, more daily users, more activity, falling prices.... what’s going on and why...?

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Not wrong ;)

People are selling, either they think it's going nowhere, can pick it back up lower, or the whales are selling it to make it less valuable so they can buy it up cheaper. Maybe another rreason ;)

Steem is relative to bitcoin relative to USD. Plus Steem has issues in it's ecosystem, like shit vote selling and buying that can make people not want to be a part of this.