Post
Topic
Board Economics
Re: Predictions Markets?
by
thresher
on 04/08/2018, 14:38:27 UTC
Market ia fully depend on political environment in country. Otherwise, its also depend on supply and demand.

I really don't understand where you are coming from? what has crypto to do with politics? If any form of government are really against crypto, then they will ban it period and vice versa. As for the predictions, its really hard to speculate right now, but I'm thinking that we can't get to new all-time-high this year. There's a lot going on right now that is not favourable on our side, unlike last year wherein news after news coming our way that push bitcoin to almost $20K.
I don’t believe in predictions because I have spent one year in this market and all the predictions were wrong and against the facts. Some people have no idea about the market and give a figure of the future price of bitcoin. Some people have keen study of the market but they also fail to give their perfect predictions, because nobody can see the future.