Post
Topic
Board Speculation
Re: Will Bitcoin continue to rise?
by
Prinox2
on 04/05/2018, 14:43:35 UTC
Definitely it will not rise forever, but for the time-being, we still expect bitcoin market curve at the top until stability is attained.
The rise in Bitcoins value has created a level of careless confidence. Most of us just assume Bitcoin will continue to rise indefinitely. Assumptions based on what happened yesterday are dangerous, so perhaps we should all take a deep breath, stand back and take stock.
It has been said the percentage of influence from China/Korea/Japan is as much as 90%. So we are all hedging our bets on those countries and hoping the political and social climate will be stable into the foreseeable future.