Post
Topic
Board Economics
Re: Speculation on BTC
by
Lubang Bawah
on 27/07/2018, 16:53:32 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.

And why not believe their words. Or do you think that when bitcoin is legalized in many countries, or Vice versa banned, there will be no demand for this coin or asset? I'm just 100% sure that in 2018, we see the very minimum in bitcoin. He's below 10,000 for sure.

Things can happen, it can be said that the year 2018 becomes difficult year for bitcoin, the number of negative news makes investors run and choose cut loss rather than waiting, but I am sure that the market soon recovery and the price of $ 10k can be raise in August.