Hey guys, i think bitcoin will go down again to 1k usd below because it always crashes.
Reasons are as follows for bitcoin as well as altcoins
1. Bitcoin has already made its first impression and its bad and it will stay like it forever
its just a pump and dump coin which is not a real currency that's why it is considered an Asset and not a currency
2. Blockchain Technology is good and it came from Bitcoin along with
But it is not enough reason why bitcoin and other crypto should moon
Its a great idea actually but there are so many scams and very little adoptation
and please don't tell me that crypto is still young. its been here since 2009
it has already proven itself
3. Majority of the projects are just pump and dump
we really need a working product and not just a good idea
you need to read and read a lot mate. saying 9 years old market old and not new is a mistake. markets take years to stabilise and moreover it is said that crypto is still in its early stage because of the adoption percentage and not the no of for years it has been here.
agreeing to the point that we need real world use in the crypto projects and that is coming along with many projects and more will be up by the end of 2018.