The future of bitcoin for me really depends on its community. As we can see we already build up this type of technology and thanks to those big whales making it possible. More and more companies right now are trying to legalize bitcoin as a form of money in the digital world. Most of this are happening right now in Europe.
That's true the future of bitcoin will depend on the adoption level and the interest shown by the people, if adoption goes higher then it will directly contribute in taking price to next level in future and price has started to rise now that indicates that more and more people are getting into bitcoins.
In my opinion, It would be much safer if the price won't goes up anymore because for now, I am very satisfied with the price. All I want right now is a stable price. Exactly If more people contributes then the brighter future for bitcoin
Slow and Steady rise is always better then major pump as if we see major pump then it will surely followed with major dump and which can bring the price of bitcoin to a lower level and price is going higher slowly at a moment so I think we can expect the price of $800 or even higher at the end of the year.
I agree with this. I dont want that very high pump in just a day. But if you are the monitoring guy of bitcoin then it will be profitable for you. I am not much looking to its price and just letting it be. So, this increase is just good for me because I am online. Then what if you are not then suddenly this things happen? I would still go with the slow and steady rise like you said.
Yeah and in the past we have witnessed that price reached to $1300 and fell down badly so we don't want that history should be repeated once again as if price touches $1k in quick time then I am sure majority of users will dump their coins which will result in price crash and that is not good for bitcoin economy.
