What's Going on with Bitcoin? Has the Bubble Popped? Is Bitcoin Dead?
2,086 views · Published 22 December 2017 · 17:06 · Indexed 16 October 2026
Channel: Rules For Rebels · 2017 · Howto & Style
Hey guys, it's been a bloody past 24 hours and things seem to continue to slide. I'll be honest I'm a little bit troubled by this, however to put it in perspective look at the 30 day chart and you'll see were still well above where we were a month ago. A month ago we were at about $8200, and despite this HUGE slide we are still sitting thousands of Dollars above where we were. With any other investment people would be through the roof about this but because we've been kind of spoiled by a never ending upward trend we freak out. This morning I was checking Reddit and even Youtube hoping to find some discussions kind of explaining what's going on right now, why Bitcoin is falling, etc and I havn't found anything so I figured I'd make a video kind of talking through this. I'm curious to hear your guys take on this. Why is Bitcoin falling? Are you feeling really nervous or is this a large but healthy correction? What's the reasoning behind it? Is this the flippening? Will money rush back into Bitcoin to take advantage of the December 28th Segwit2X fork? Drop a comment below let me know your thoughts
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