Topic: Bitcoin Can Continually Be Growing Into End of Year - page 2. (Read 557 times)
It is insane, so many experts already predicted that bircoin is going to stop around $8500 but instead of stoping now it keep on reaching new ATH, surely bitcoin is so hard to be predicted and I think bitcoin will keep on growing until next year, if this really happen then we will have a sweet Christmas gift, bitcoin with $10.000
How will CME futures affect the Bitcoin market? Will they be able to push the spot market around?
many other investments are not a global thing belonging to the whole world, and those that are global, are being affected by a lot of things that can cause slow down during holiday season. additionally none of them are on the rise nor are getting adopted as a new trusted investment.
right now many are thinking that bitcoin is also a viable option like gold for example and they would want to invest in it as soon as possible. and the good news keeps coming out! this CME thing is pretty fresh and its effects can continue until end of the year.
right now many are thinking that bitcoin is also a viable option like gold for example and they would want to invest in it as soon as possible. and the good news keeps coming out! this CME thing is pretty fresh and its effects can continue until end of the year.
it can not be considered as a growth but instead it's a rise,
the growth itself require a new discovery and improvement in the technology and network.
if it's only price,we could not consider it as a growth.
indeed until the end of this year Bitcoin seems like will have a long run,
it's understandable if we're breaking $10.000 in no time or even more than that.
but the question is what will happen with in 2018 ? i hope this huge rise did not affect to much for its growth in the future.
the growth itself require a new discovery and improvement in the technology and network.
if it's only price,we could not consider it as a growth.
indeed until the end of this year Bitcoin seems like will have a long run,
it's understandable if we're breaking $10.000 in no time or even more than that.
but the question is what will happen with in 2018 ? i hope this huge rise did not affect to much for its growth in the future.
There is a strong possibility that Bitcoin can continue to be growing even into the end of the year though traditionally the holiday season can be a slump time for many investment tools as many people can be converting their holdings into fiat money for spending purposes. Let's take a look at this condensed history of Bitcoin growth:
Quote
In May 2010, Laszlo Hanyecz made Bitcoin’s first transaction by buying two pizzas in Florida for 10,000 BTC. Following this purchase, Bitcoin’s price grew 1000%, rising to $0.08 for a single bitcoin.
In April 2013, analysts laughed at Tyler and Cameron Winklevoss when they announced that they were purchasing $11 million in Bitcoin, at the rate of $120 per coin. In 2014, Bitcoin reached a peak of about $1200 per coin, then dramatically fell to about $500, where it stagnated for some time.
Fast forward to 2017. The past few months have been a wild time for Bitcoin. While a single bitcoin rose in price to approximately $1000 in April of this year, prices are now hovering just below $8000, with the overall market capitalization of the currency at $120B. If you had invested in 2013 like the Winklevoss twins, you would have had a 60-fold return. And crypto experts expect this growth to continue through the end of this year.
Read more at https://www.business2community.com/finance/blockchain-turned-unassuming-billion-dollar-industry-01959944#SBK303r4uRBVJ6PL.99
In April 2013, analysts laughed at Tyler and Cameron Winklevoss when they announced that they were purchasing $11 million in Bitcoin, at the rate of $120 per coin. In 2014, Bitcoin reached a peak of about $1200 per coin, then dramatically fell to about $500, where it stagnated for some time.
Fast forward to 2017. The past few months have been a wild time for Bitcoin. While a single bitcoin rose in price to approximately $1000 in April of this year, prices are now hovering just below $8000, with the overall market capitalization of the currency at $120B. If you had invested in 2013 like the Winklevoss twins, you would have had a 60-fold return. And crypto experts expect this growth to continue through the end of this year.
Read more at https://www.business2community.com/finance/blockchain-turned-unassuming-billion-dollar-industry-01959944#SBK303r4uRBVJ6PL.99
I think that this is definitely one of the most exciting times for Bitcoin and the rest of the cryptocurrency movement. people from Wall Street are now taking notice of Bitcoin and soon they can be part and parcel of the Bitcoin bandwagon through different avenues available especially next year.
Will this be the great signal that indeed Bitcoin is already here to stay and that Jamie Dimon is truly wrong about it?
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