don't be put off by the current price of bitcoin.
it goes up, because there is money moving, and there always will be.
Happy New Year.
You may want to fix up that image because no one can actually view it. it goes up, because there is money moving, and there always will be.
Happy New Year.
But right now, I think the price is great. It is sitting at US$2400. Demand is continuing to grow with the media attention that Bitcoin is attaining and supply will continue to fall with the halving. It looks like bitcoin is in for a decent price hype in the future.
Especially if developers get behind SegWit on August 1 when the hard fork occurs.
Plus money is moving like you said. The fact that Bitcoin is being used as investment and trading advocates that it had to move. Thus, it retains it value.