"BITCOIN ISN'T THE BIGGEST BUBBLE, OUR FINACIAL SYSTEM IS THE BIGGEST BUBBLE!" (unknown)

Chart Steemit.png

In the last weeks we had a drop from 20.000$ to around 10.000$. There are many new people in the market which are sitting now on positions with -50% and are afraid to lose even more of their invested capital. But what really happened in the last weeks?

THERE IS VALUE AND THERE IS PRICE

Please understand the difference between this two characteristics.

The value is what the people see in this object and which usecase and positional value it will have in the future for them.

The price gives information about how much people are currently willing to pay.

The important thing is that nothing on Bitcoin's value has changed since the 17th of december. The debate about the scalability was ongoing long before this day. Also the china news didn't really affected the value of Bitcoin for the most people in the rest of the world, especially in a few years.

Most of the big exchanges have a stop for new registrations. This shows how big crowd of new people is! These are people bringing more and more new money in the market which should be positive for the price and the value of Bitcoin.

If u look on the money supply the central banks will also continue to print more and more money which decreases the value of your fiat currency. A decrease of the value of fiat currency should affect the price you have to pay for a Bitcoin.

It's also healthy for the graph to test round marks like the 10.000 and 8.000 isn't also a big problem. Of course if u look at the week chart it looks extremly bearish, but if ur an investor believing in the idea u have to look at the big picture which is still extremely bullish!

If u look on the facts I'm really sure we will bounce up again because the price is more than -50% but the value is still the same. Take it as a discount!

New speculative positions from 8.000$ ~ 9.500$

This is no investment advise! I just wanted to share my thoughts about the current situatuion!

Thank u for reading... I hope I could help you with my thoughts to stay strong and don't panic sell at the dip!

I'm new to Steemit and I just started writing about this. I try to improve myself from post to post but every beginning is hard please don't be to strict with me.

Feel free to support me I would appreciate it :)

LTC - Lg91Mj62MZ4CSYbgqYz7ph9inYuohawg6R
ETH - 0x638a53d082eeba7833c6b2c52b97c8edb8450f93
XRB - xrb_37kfchimzo8djedmun487uj9xpp1wpzkwxm7teqqsgg3a3h1egmepugy6a9f

BITCOIN REBOUNCE! BUY THE DIP!

"BITCOIN ISN'T THE BIGGEST BUBBLE, OUR FINACIAL SYSTEM IS THE BIGGEST BUBBLE!" (unknown)

In the last weeks we had a drop from 20.000$ to around 10.000$. There are many new people in the market which are sitting now on positions with -50% and are afraid to lose even more of their invested capital. But what really happened in the last weeks?

THERE IS VALUE AND THERE IS PRICE