Post
Topic
Board Speculation
Re: Market confidence in bitcoin.
by
bohr
on 03/08/2018, 21:24:52 UTC
I believe, against all the odds, bitcoin will finally "recover" to restore its high price, which will show that most people, even probably the haters, believe in it more than in any other coin. I might be wrong, or course, but time will show. Let's just wait and support each other in what we do Wink
A recovery has started already, what we do not know is how long this is going to last, there are very reliable rumors that the reason for this price increase has to do with the pending approval of an ETF and there are rumors the ruling could be positive which could be groundbreaking for the market and this will surely attract a huge mount of money to the market.
It could be, but recovery is the most what we need for now, though it's still raise little by little, everyone's love to see the green colour on the market. Hopefully it remains like this until the end of the year, so then the sadly thing that seen on market would end.
Right now there is a mixed market with a small majority of coins going down but there are also many coins that are going up, so we do not have an uniform market but that is fine with me, now what we need to do is to not lose sight of our objective, I have a goal with my bitcoin and that is to make my life easier in the future, this is why despite the instability of the market I refuse to sell.