I would like to tell you about the analyst of the Bitcoin price by the end of 2019 on the basis of the dynamics of a hashtraite
Due to mining Bitcoin price will rise to $ 36,000 by 2019
A new study by Fundstrat Global Advisors shows that by the end of 2019 the price of bitcoin will reach $ 36,000,reported co-founder Tom Lee.
Analysis of the relationship between the cost of mining and the price made it possible to conclude that the price of the cryptocurrency will vary between $ 20,000 and $ 64,000 by the end of 2019.
These calculations take into account the price of BTC in relation to the profitability of mining, which shows "a reliable long-term level of support."
"We expect the mining economy to grow over the next few years and the bitcoin price will reach around $ 36,000"What do you think about it?The rise in Bitcoin mining prices will rise to $ 36,000 by 2019, I think this will happen.
Due to digital digital prices in 2017 and their publication on the headlines, many people became interested in the crypto space. Thus, the mining of the years of cryptocurrency has an unprecedented scale. Device manufacturers can not be used, not only in countries not only in Europe but also from Europe, and then prices for the devices themselves. .
Since the beginning of 2018 many cryptocurrencies have lost more than 70% of their costs, but in cryptocurrency mining does not stop. Due to the fact that the profitability of mining goes down, and the task itself continues to become more complicated and expensive, what do they do to buy the hardware or intend to buy it? Is cryptocurrence mining profitable today and is it the right money? ..
Source:
https://en.bit.news/is-cryptocurrency-mining-still-profitable-in-2018/