Post
Topic
Board Speculation
Re: What is happening to BTC price?
by
Adrorecia
on 15/06/2016, 14:57:04 UTC
Bitcoin was indeed stable and that is bad for the most people with already Bitcoin because they want to earn some profit with Bitcoin and that was not possible so they have to wait now a longer time until the can make profit.
But of course it is hard to know when you can sell it but you also can see now that the value of the Bitcoin is rising slowly so that is really nice for the people with already Bitcoin.


The problem is now the price is rising too fast. It would be better if the price consolidate here for a few months.

That is right. We are not traders. We want the price to be stable so that we can use it as a currency.
The price of Bitcoin will be higher now and that is really nice because there are now many people that is waiting for a higher value and that is really important.
And maybe the time will be soon that they can earn a lot of profit in the future with Bitcoin.