Post
Topic
Board Economics
Re: Would you rather see steady growth in Bitcoin or strong upward spikes instead?
by
darkangel11
on 03/03/2018, 21:00:59 UTC
I think that most people would prefer a steady growth, like the one that we're seeing now when the price slowly recovers after a correction. This won't continue though. Once the steady growth continues for a while people will start seeing that whoever bought a week or a month ago made money and they will start rushing in like a herd of sheep. You could see this situation happen in 2017 when it broke $1000 and started to gain momentum to finally end up with gains of $1000 per day.