Post
Topic
Board Bitcoin Discussion
Re: Bitcoin and stagnation
by
Tetutu
on 20/12/2018, 03:13:25 UTC
There is always a rise after a period of stagnation. Bitcoin doesn’t fall below $6500 for a long time. Probably, this is its lowest price, which is associated with the high energy consumption during its mining. The increase in activity in cryptocurrency market may be due to the gradual transition of the world to a new financial system with a different main currency instead of the dollar.
Increased activity in the cryptocurrency market after a period of stagnation may be due to the belief of the bitcoin owners that prices will rise again, so that the financial system will gradually change where the use of digital currencies is increasingly popular.