Post
Topic
Board Economics
Re: Speculation on BTC
by
dongyi17
on 19/06/2018, 14:09:57 UTC
I was reading the Speculation section from the Economics forum yesterday, and two guys from the BTC Foundation said that 2018 will be the last time that Bitcoin will be under $10,000. I believe that this statement was made to lessen the worry that comes about every time that BTC drops. I don't know how anyone could make that statement in full faith though, as the nature of altcoins is its very volatility. Since it is not tied to normal economic conditions as fiat currency is, I don't quite see where that prediction comes from. The fact that many economies are talking about some type of oversight does show that acceptance is gaining and perhaps is a harbinger of more stable, and higher, prices.
Any People can predict what happen in Bitcoin in the future base on their experience but this is prediction only, this prediction can boast to other people to buy or not to buy, but the reality we can't predict what happen in the future. I still believe Investor can predict what happen in Bitcoin in the future.