Post
Topic
Board Speculation
Re: Bitcoin expectation end of 2018
by
wantjokull
on 24/12/2017, 04:24:33 UTC
million dollar bet for BTC over 50k by end of 2018? a lot of things need to happen for BTC to reach that mark, as the price goes higher it becomes more difficult to keep raising
This one is true to believe. Most of the people think that increases in the BTC prices is just simple as manipulating the market for the alts! The BTC market is huge respondent of market capitalism that it covers for itself. The market cap currently is playing around the 250B USD and the rates are playing around 15K USD. This means we have to acquire many folds of the market cap before we can even touch down the prices of 50K USD. This will happen for sure no matter what, but its gonna take a lot of time to achieve. The investment process slow and it depends on the person to person's trust! So we may expect this rate in another 10 years but not much sooner than if the miracle happens.