Post
Topic
Board Trading Discussion
Re: 5 Reasons why I am buying Bitcoin!!
by
Rufsilf
on 23/10/2019, 04:58:14 UTC
A quick summary of what the five (5) reasons are:

1. I Listed Bitcoin Halving
2. I Mentioned all these Powerful Figures speaking out about Bitcoin (President Trump, Fed Chairman, and Jamie who is the Chairman for JPM and Chase)
3. I mentioned the recent reports on Bitcoin ATMs growth. And Included the chart with the data.
4. I mentioned Facebook Libra coin and some of the big institutions that are onboard.
5. I mentioned the current chart analysis of BTC/USD and how we should buy when everyone is in a panic.

You can read the full article at: https://medium.com/altcoin-magazine/5-reasons-why-i-am-buying-bitcoin-1f1ad0c9dbf

Thank you and please take part in the poll.
The current conditions as you mentioned are all true, but the reason I'm also buying some bitcoin is just halving. In my opinion, figure talks, bitcoin atm growth, and analysis have all been written down from a few years ago. Bitcoin value should continue to rise if according your mention, but the market is not so, up and down market demand continues.
bitcoin halving will be main trigger for bitcoin price next year.based on historical data, after halving bitcoin price rise smoothly and able to create new all time high.moreover bitcoin fundamental supported by other news such as bakkt trading.demand will created when halving, investod without any doubt will start accumulate their stock.
That only be a hopeful thing but its gives no assurance for a bullish market. As it to know that the market is not the same as what it runs before and also there is possibilities that the upcoming halving won't act the same before. For this, I'd better not to think what it should be, but rather to accept any possibilities may happen next year.