Post
Topic
Board Bitcoin Discussion
Re: The past, present and future of Bitcoin?
by
diahsw
on 14/07/2019, 07:18:48 UTC
The past: It gets created by one guy who nobody knows who he really is
The present: Market gets rejuvenated
The future: BTC at 20K? The article where I got the info from has some bullish points!

https://cryptotradernews.com/cryptocurrency/the-past-present-and-future-of-bitcoin/


In 2014, when Bitcoin was still trading around $ 413, Team Draper predicted Bitcoin would reach $ 10,000 in the next three years. The prediction proved to be true, even a month earlier than he had predicted. One of the richest crypto figures also told Bloomberg last year, that Bitcoin's growth potential is still very large. Although the case for using Bitcoin is quite limited, and although the technology may be less sophisticated compared to some other crypto projects, Bitcoin is likely to continue to be the market leader in 2019. Bitcoin still has reputation and liquidity which makes it preferred over other coins and also has a great opportunity to grow. In estimating Bitcoin price movements, careful analysis is needed, both in fundamental and technical terms.
there will be natural selection in the crypto market which causes various crypto currencies to be eliminated. However, crypto currencies that still survive will be able to get more adoption than before.