Ninjastic
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Board Speculation
Re: Why we will see $50k Bitcoin end of year
by
Xenoph0bia
on 09/08/2018, 13:16:13 UTC
Quote from: godlike123 on August 09, 2018, 06:27:04 AM
Quote from: JRMtrader on August 06, 2018, 11:36:16 AM
The last time the CBOE launched a Bitcoin financial tool, futures, we saw $20k. Recently rising Bitcoin dominance shows people betting on the latest CBOE tool, ETF, being approved.

Bitcoin dominance is heading towards fifty percent by marketcap. What does this mean for the price and how should traders and investors view it? Marketcap is by far not the best metric to read dominance, but that doesn’t mean it can’t add value to your trading.

Latest Podcast Episode Discussing More Details

https://soundcloud.com/buy-or-sell-what-the-hell/does-bitcoin-dominance-matter-to-traders-35


This is where exciting event to happen when bitcoin market price will goes high especially to the investors who invested on bitcoin on low amount on crypto and definitely will going to it into higher market price.
No we cannot see this much of amount of bitcoin.The price of bitcoin is down from a long time now and it is not rising.The demand of bitcoin is falling.The market of bitcoin is also reducing slowly because of the price of bitcoin.Although bitcoin is the topmost cryptocurrency in the market but still many countries do not support it.Some have banned it too.It is decentralised so central banks do not prefer it.Bitcoin is also very volatile and unstable and it requires internet connection.