Post
Topic
Board Bitcoin Discussion
Re: If bitcoin prices remain the same until next year, will it be good for the crypt
by
xWolfx
on 18/10/2018, 23:28:48 UTC
Bitcoin prices are still the same these days and it does not seem like it is moving up. At least not as high as everyone anticipates. If the price remains the same until next year and it stabilize at around $6000, do you think that it will be good for the crypto world or not? Say it does not go down below it, but it also still does not go higher than that, what do you think will be the repercussions to the market?

It will certainly be better for investors who are patient. So they can invest more without it getting higher. It could also be a disadvantage for those who are waiting for a crash also. It depends.

People would probably believe Bitcoin is starting to stabilize and more business might adopt it, the thing is that they must understand that they can use a payment processor who turns the Bitcoin into fiat instantly and they are literally risking nothing. It all depends on the costumers asking for it.

In the other hand with a rise we will see a lot more ICOs like it happened before and that would be better for bounty hunters, for example.