Topic: Some people say, in the long run, the price of bitcoin will still be bullish (Read 104 times)
December 27, 2017, 11:06:52 PM
The overarching momentum for Bitcoin remains to be bullish though the ride can be bumpy as there will always be humps along the way -- this is making Bitcoin a rollercoaster kind of an adventure. There are well-meaning analysts and enthusiasts who are predicting a very rosy future for Bitcoin -- like John McAfee who painted a very valuable Bitcoin by 2020 -- due to many factors but mostly hinged on demand and supply for the coin. The bottomline is that it will always be the market which will determine the value and the future for Bitcoin. Nobody can be sure of the things will happen as we can only speculate, express our opinions and picture out scenarios based on our limited understanding and projections. Personally speaking, since I also have my own little hoard of Bitcoin, am looking forward for its mega rise this coming 2018. How I really wish that within 2018 the scalability problem will finally be given appropriate attention so that transaction cost can go back to being normal.
December 27, 2017, 10:35:39 PM
AEX bitcoin trading exchange to support a variety of digital asset spot transactions,including bitcoin, litecoin, ethereum and other online purchase and sale trading services,to provide you with a leading bitcoin trading experience, to meet your investment needs
Many interviewees have further pointed out that digital encrypted currency will lose value if the liquidity is doubtful and lack of recognition because of policy regulation and other reasons. But for the time being, these do not necessarily mean that bitcoin will no longer rise.
The AEX record of the digital currency website shows that the price of bitcoin was just over $4000 three months ago. By November 27th, it had already broken through the $10 thousand mark and was more than $20 thousand in the next 20 days. But in the last week, bitcoin prices from a high of $19783.21 on low to $10834.94 but only 5 days, once attracted the media exclaimed "rivers of blood".
After Christmas, the price of bitcoin has rebounded in the wave of volatility. On the 26 day, bitcoin broke through 15000 and $16000 in two pass, up to $16078.21, a rebound of nearly 50% from previous lows. On the 27 day, the price of bitcoin began to fall again after it once rose to more than $16400, and fell to $15706.79 at 20 in Beijing.
This article is a reprint, the investment is risky, please invest in the assumption of risk.
Many interviewees have further pointed out that digital encrypted currency will lose value if the liquidity is doubtful and lack of recognition because of policy regulation and other reasons. But for the time being, these do not necessarily mean that bitcoin will no longer rise.
The AEX record of the digital currency website shows that the price of bitcoin was just over $4000 three months ago. By November 27th, it had already broken through the $10 thousand mark and was more than $20 thousand in the next 20 days. But in the last week, bitcoin prices from a high of $19783.21 on low to $10834.94 but only 5 days, once attracted the media exclaimed "rivers of blood".
After Christmas, the price of bitcoin has rebounded in the wave of volatility. On the 26 day, bitcoin broke through 15000 and $16000 in two pass, up to $16078.21, a rebound of nearly 50% from previous lows. On the 27 day, the price of bitcoin began to fall again after it once rose to more than $16400, and fell to $15706.79 at 20 in Beijing.
This article is a reprint, the investment is risky, please invest in the assumption of risk.
Jump to: