Post
Topic
Board Economics
Re: Is it practical to expect tenfold jump in Bitcoin this year ?
by
Faeton
on 21/09/2018, 04:42:18 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 ?
No, last year the market was not stagnant for almost a year and before that bitcoin did not fall in price by 70 percent. Now investors are unlikely to invest in bitcoin large amounts, if it starts to rise in price well. Investors will now be cautious, and therefore, the high growth of bitcoin in the price this year is unlikely. Should be expected. A good bitcoine price by the end of this year will be at 13 000 -18 000 dollars.