The tiny market cap and subsequent lack of liquidity limits its use to transfer mass amounts of value as a currency should. Volatility is just one of many of the results of a small market cap.
The sooner market cap grows by 10x and 100x, the better. Volatility is a result, not a cause. So please shut the fuck up about "stability" at $300-$400, because corporations will not even think about touching bitcoin at this point or using it for remittances. A whale with a mere million dollars can manipulate the price easily as at this point. If the price stays this low for good, then bitcoin has FAILED
Topic: Bitcoin Price In The Next 12 Month - page 2. (Read 2313 times)
In my opinion, I think it would be best if the price stayed the same as the current price. It would give more stability and people would start to trust in Bitcoin a lot more.
Some might say otherwise. What do you think?
http://insidebitcoins.com/news/where-the-price-of-bitcoin-is-headed-insiders-and-a-contrarian-forecast-the-12-month-price-target/26547
Some might say otherwise. What do you think?
http://insidebitcoins.com/news/where-the-price-of-bitcoin-is-headed-insiders-and-a-contrarian-forecast-the-12-month-price-target/26547
It might be possible that it remains the same, but its hard to say, that it will be so for the entire year. Bitcoin prices have never been stable over 1 full year before, there are always events which either affect the price in a negative way or a positive way causing swings. These swings have made the price vary by upto 200-300$.
I think it won't change much, we will certainly not see $1000 if that's what people are thinking and hoping for.
It will swing between $250 - $500 There will be a lot opportunities to make good profit
It will swing between $250 - $500 There will be a lot opportunities to make good profit
Dont you think it's better to have the price in 300-400 range rather than sky scraping in 1000 mark?
I think it won't change much, we will certainly not see $1000 if that's what people are thinking and hoping for.
It will swing between $250 - $500 There will be a lot opportunities to make good profit
It will swing between $250 - $500 There will be a lot opportunities to make good profit
same, 300-400
In my opinion, I think it would be best if the price stayed the same as the current price. It would give more stability and people would start to trust in Bitcoin a lot more.
Some might say otherwise. What do you think?
http://insidebitcoins.com/news/where-the-price-of-bitcoin-is-headed-insiders-and-a-contrarian-forecast-the-12-month-price-target/26547
Some might say otherwise. What do you think?
http://insidebitcoins.com/news/where-the-price-of-bitcoin-is-headed-insiders-and-a-contrarian-forecast-the-12-month-price-target/26547
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