Post
Topic
Board Economics
Re: 10th Birthday, Bitcoin Price Is No Longer Exciting ?
by
BaraxLo
on 08/11/2018, 09:30:03 UTC
Bitcoin will continue to become profitable in the next decade because it has a lot of more rooms to grow. The excitements are temporary gone beause of its price downfall and prolonged bearishness in the market. The bullrun that happened in 2017 may not happen again in the following year because it has to accumulate first for a year or before the excitement return to the market again.

Bitcoin will remain the most profitable and stable cryptocurrency for a long time. As you see, its volatility is very low now, and it can be a signal that close to December - january BTC will start running up.
You know, I even imagine when people keep saying that price is not enticing and they are frustrated. What is not exciting in the price of something that was less than a cent years ago and now people are complaining about a $6000 bottom. Seriously, I can imagine how exciting the future will even end up being in that regard, considering the fact that a time will come when so many people will instead be looking at a higher value as non-exciting.

Depending on where you are looking at things from, as far as I am concerned price has been pretty good and consistently increasing over the years, and if that is not good enough for anyone, they can just easily move on.