Re: Unnatural Bitcoin Price Growth Cannot Be Sustained Indefinitely
The rapid price growth will not go on indefinitely... This comes as a direct response from different things going on at the same time... The ETH pumpers are running back to Bitcoin. 
.. and the
coming Halving creating a speculative environment for the Chinese markets. Things will go back to normal after the Halving happened, IF there are not other external environmental things pushing it
any further. We will once again see a more stable Bitcoin price, at around $500.. anyone want to quote me on that?
.. and the coming Halving creating a speculative environment for the Chinese markets. Things will go back to normal after the Halving happened, IF there are not other external environmental things pushing it
any further. We will once again see a more stable Bitcoin price, at around $500.. anyone want to quote me on that?
Yes, I want to quote you on that
In fact, you shared very good reasons for the rapid price growth of Bitcoin.
It logical and normal that such price growth can't last forever.
After halving prices will fall to realistic limits, based on supply and demand in the Bitcoin market.
After that, when it happens again some extraordinary event, and demand for Bitcoin suddenly increases, the price will again increase significantly.
We saw it so many times already