Post
Topic
Board Economics
Re: Is it practical to expect tenfold jump in Bitcoin this year ?
by
gambitcoin53
on 19/09/2018, 02:14:26 UTC
Is it practical to expect tenfold  jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?

i think not, the factors that affects the downtrend are different from the past years, even months. today, the market fluctuates like crazy. there are more factors that contributes to the volatility of bitcoin's market price. one is issues about some fake exchanges which could double in the next coming months, more and more bogus exchanges could harm bitcoin trust factor, another is more and more coins are being introduced in the market that tightens up the competition in the market. but to be positive, let us all hope that bitcoin will still survive this negative factors.