Topic: Turbulence is expected (Read 786 times)
The fact is, nobody knows when the next launch will happen. Many predict in 2016 or later this year but the surprise factor can happen at any time and that perceived dynamic can trigger things that no one could foresee in a clear picture. The bears have had their playground in the short movement in the last year plus but that can change at any time and flip the script. The smart people on this site have always tried to predict or speculate what will happen to the price and the safe bet after the ath worked out well for some. The rebound could be soon and violent beyond belief.
as you say, turbulence it is very stormy in the worlds of bitcoin, as the prices are going up all the time, and down all the time.
Yeah, it happens all the while but to spur business adoption you can't have a currency that fluctuates too much and eat into profit margin. Most businesses, medium to small are not prepared for that and even big corporations can suffer due to sudden drop caused by volatility.
i also don't think double digit will be hit, it will stay this way for some time then some dump and pump here and there and a boom in end 2015-2016
Man I'm a genius with these titles.But its true in any open market you should expect turbulence or flucations in the price its happens in every single market and its expected the price to go up and down and occasionally crash. But nothing is stopping you from buying a new plane ticket and hoping onto the next plane ready for the rise of the titans again.
$140? $120? it doesn't matter how low it goes it will rise back up people.
Bitcoin will be worth more than $1000 by the end of 2016.
Jump to: