Post
Topic
Board Bitcoin Discussion
Re: If bitcoin prices remain the same until next year, will it be good for the crypt
by
yoseph
on 06/10/2018, 15:58:11 UTC
Indeed, I think the current behavior of bitcoin carries a strange paradox: if the price remains as stable as it has been for a long time, many might think that the market has matured enough to mitigate the high volatility that has made it inconvenient for its adoption by large companies and stores.

Therefore, when they start to intensify its use this could rekindle the speculative wave that implies the desire to hoard bitcoins, which in turn would lead to an excessive increase in its price, so I think it is more likely that we will see a recovery very slow and gradual in the coming months.

I think the price of Bitcoin has recovered at the level it should be. There is no reason to increase the price, only pumping. Therefore, the price of $ 6,000 is the optimal price for Bitcoin.
It would be very good for Bitcoin if the value were to be the same until next year even though some investors are not going to agree with this because of their profits, in the long run its going to to be good for them because a stable bitcoin means that more people are accept it and it will drive the value up.