Where Did All The Money Go ?
The Crypto market was at an all time high In December 2017 reaching about $749,000,009,888 as you can see from the graph below now its just more than halfed and sits at $393,478,209,888
Now the questions is why has this happened in the past three months. Well a large percentage of owners of the coins back in December 20017 have turned there coins back into USD closing there positions in the Crypto markets and taking the USD
Why have they done this the situation of the coins and the projects are still the same its just three months later
In my view it would appear like all markets Human Emotion play's a large part in the price
Confidence in the Market
Its been very much shown that the media and governments have come out to knock the confidence out of the market and this is what has happened
Released stories about bans and regulation in the world creating fear and driving down the market
Saying its all a scam and not to invest in the Crypto Market
Fear is a powerful tool and the media and government use to control and regulated the masses
This is what has happened of the past three months and it has would in the short term to drive the customer of the market.
Will this tactic win in the long term the answer is No
The Value of the Crypto Currency will mean that money will come back into the market and it will become harder to drive people out of it with Fear because of the real value that is being created in the marketplace
Sending money worldwide with no fees independent of states and with it impossible to counterfeit
Has a value only the people currently owning Crypto understand.
So I say Do Not Worry The price has come down but the truth is still the same the value is there its just the general population don see it yet and have not started coming in there millions.
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