Post
Topic
Board Economics
Re: 10th Birthday, Bitcoin Price Is No Longer Exciting ?
by
jonatuzc
on 07/11/2018, 05:47:36 UTC
I don't think so if the price of Bitcoin last year is not attractive to the investors as I remember 2017 last year, bitcoin price rapidly increased in the market at the last quarter of the year. I think this year, Bitcoin price having a lot of struggle itself that drastically downtrend in the market due to a lot of people wanted to manipulate the market. Since they have earned a lot of profit on this strategy they repeatedly their works that make bitcoins price stable in the market until now. Indeed, we are still lucky of 10 years existence in bitcoin we can still make a profit.

I think we are still struggling with the bitcoin price which is now in the range of $ 6,317.21, Indeed in 2017 it is the heyday of bitcoin by reaching its highest price.
if we go back to the past in 2015-2016 the price of bitcoin is still low, indeed on the 10th anniversary of bitcoin, there is no significant increase in prices.
But even now we can still benefit from the current bitcoin prices
Don't be a pessimist bro, just picture the price that bitcoin started with and the current price that is being considered as the low price, and you will definitely get the clearer picture than trying to look at where it is now, but concentrating on where it is going to be in the future.

I really do not know why a lot of people find that hard to understand or come to terms with, but probably, it is understandable that the mindset a lot of people brought into this space with respect to getting rich quick in the short term is what is affecting their judgment.