Post
Topic
Board Economics
Re: Notable Bitcoin Critic Claims Price Likely to Hit $5,000 In Near Future
by
vv181
on 11/01/2019, 14:25:54 UTC
How do you respond to comments made by Bitcoin critic Jeffrey Gundlach, CEO of DoubleLine management. He estimates that Bitcoin can reach $ 5,000 in the near future. Gundlach notes that investors who have a high tolerance for risk can make easy profits if they want to trade Bitcoin.

Quote me! Bitcoin will price will reach back its ATH and go beyond, and also remember high reward = high risk.

The question: is it true that currently Bitcoin has changed with fairly competitive volatility ...?
The volatility in Bitcoin doesn't change. It is just the market that grows broader, I believe in the future as Bitcoin gain more popularity at some point in the future the volatility will decrease as the adoption already widespread, and the mainstream already well-understood the underlying technology of cryptocurrency.