Post
Topic
Board Speculation
Re: Bitcoin will rise from now until the end of the year?
by
South Park
on 29/06/2018, 14:21:54 UTC

Some reasons I believe bitcoin is likely to rise next time
Bitcoin is dropping sharply from $ 20,000 down to about $ 6,000 by the end of 2017, but that's a lot more than $ 2500 a year ago.
Laws gradually intervene in the market, may form the law for crypto, institutional investors can peace of mind to invest in the market
Mt Gox is allowed by law to compensate bitcoin victims for a percentage, without the need for cash compensation, which could end the sale of large amounts of bitcoin.
How do you believe bitcoin will increase from now until the end of the year?
The price is still decreasing despite the apparently good news that mtgox does not necessarily need to sell their coins to give compensation to their users and they can give compensation in bitcoin, after that news I would have expected the price of bitcoin to go up but it seems the price is still going down and I will be lying if I said I understood exactly why that is the case.