Post
Topic
Board Speculation
Re: Next 5 year for Bitcoin
by
migolmigol
on 24/10/2017, 14:45:51 UTC
after release bitcoin 9 years running. but bitcoin increasing or increasing.so anyone have good opinion for next five year about bitcoin? feel freee and drop your opinion.
thanks

I've heard a lot of 'experts' recommend holding Bitcoin as possibly the most important part of a cryptocurrency portfolio. Many people expect Bitcoin to continue to increase in value because it's the most established cryptocurrency and it is designed to be deflationary.

We don't know how much the value will increase every year but we have a historical record that shows very good gains over those 9 years even with all of the volatility.

I agree to his explanation. Based on the historical graph especially in the 5 years run, Bitcoin has proved that it can really spike up and become the number one cryptocurrency. Aside from the price value increase it made, there are also external factors that could really bring it down but it still remained. Example is the banning of Chinese government, which really proves that with that big news, Bitcoin can survive and Bitcoin will recover. It did not even have that much of an effect.