Post
Topic
Board Speculation
Re: Could the Bitcoin price by the end of 2018 only 4000$ - 6000$?
by
slapper
on 09/02/2018, 01:26:46 UTC
Could be possible. Market dominance of Bitcoin has gone down to less than 40% from 80-90% at the beginning of 2017. With fiat pairs on other cryptos available incoming, most of the new people enter the market without even purchasing bitcoin. Even with what we say, the lightning network or any other upgrades that will come on the blockchain of bitcoin, there would still be no other use for it but just a store of value. From the 6k bounce, I think we might not see another exponential growth but a less volatile and more stabilized one.
I agree with you. However, it is still very hard. Bitcoin is just like something that worth to the people. Everytime bitcoin is lower than $7000, many people will join the market and buy bitcoin. Just like gold. It is hard for gold to drop down its price even though in the real world, it does not have any usage