Let's be honest, the technology behind it hasn't evolved much from a user's standpoint. The price is huge, most of us have made a lot of money already. I'm more than satisfied with the current price, but I think it has a higher chance of a huge correction than to go up. So I'd be happy if it remains at this level. Anyone else in the same boat?
Absolutely yes! If the price remains at the same level for another six months, the new investors will have a problem as they will not see any profit in the books. But it will certainly protect the capital amount. Also as per the normal stock market rules, price stabilization is not a bad thing. It is a process to make a particular stock stronger so that it can take the next leap with ease and stay there. So for me, it will be a good indication for bitcoin if it stays at the same level for another 6 months.
and for the 6 months of existing of bitcoin i can say that it can be a good thing and also we can see some improvement regarding on it so better to have and take this coin. As what we can see on how this technology getting such an improvement also so this kind of digital currency can have also some improvement to adopt more and more people and more investor can take on this such a great currency.