"What if hedge funds buy bitcoin as an investment?"
"What if investors use bitcoin as a store of value?"
"What if bitcoin is used primarily as a currency?"
Bitcoin is not yet used primarly as a currency, and not much investors use bitcoin as a store of value. But in the actual market, the exchange boost the bitcoin price to the moon with new records every day. What's next with this crypto madness? Can we still discuss bitcoin as a Bubble?
Share your ideas about Bitcoin in the actual Market.
After 10k, bitcoin wil down as resistance then continue to the moon.
Actually bitcoin is crypto currency, main fuction if we see bitcoin from name is currency.
So far, i dont see many people use bitcoin as currency. Why?
After 10K it was gone up to almost 20K before year 2017 ends, right? So it means means that bitcoin will still goes up beyond that but it will not be an ideal to make it a primary currency since the prices are not fixed. It will be hard to use a volatile currency and that is the reason why there are only few who will accept bitcoin as payment. So i guess that bitcoin will remain as an investment for a long time not unless there are some changes with the ups and downs of the value.