Post
Topic
Board Speculation
Re: 60 minutes and Bitcoin value jumped to $7,800
by
Canis Majoris
on 16/04/2018, 19:22:26 UTC
A tremendous increase occurred over the past few days, I am increasingly optimistic that the Bitcoin price could reach a much higher level. I've seen this as an improvement, where bitcoin prices have been spared from stable prices that have lasted long enough. A lot of positive news has made bitcoin prices rise, this is a way to make trust in Bitcoin increasing. We need change and change to something much more in the way that Bitcoin views become the key to everything that happens today.

Myself, I wouldn't call that a tremendous increase. It may be tremendous for one day - and it likely is, but we need such or similar increases for at least a week every day - two weeks would be even better. Right now Bitcoin seems to be trading sideways, and it is not unlikely that it will start to slide down again. And then all recent growth will be brought to naught. This will prove that it was an one-off event due to a big investor shelling out on a handful of bitcoins.