Post
Topic
Board Economics
Re: What will happen to bitcoin?
by
BennyK
on 08/11/2018, 01:32:04 UTC
Bitcoin at the present time resembles as a bubble.Once it goes up, it immediately pops out.  It is normal that the price of bitcoin gets down but it's been a long time since it is on its original value or higher than its real value. Those who invest these past few months are suffering a lot of loaaes and they are losing hope that bitcoin will continue to drastically decrease in value.  Do you have guys some advice for me? It will be really appreciated and I will be eternal grateful.
No bubble can reform into a bubble again once it bursts but Bitcoin always recover, hence Bitcoin cannot be likened to a bubble. Bitcoin is the future of payments systems and has the capabilities of spearheading all cryptocurrencies to the ear where cryptocurrencies will be the major medium of exchange. The price of Bitcoin will definitely rise again. What matters now is patience.