Post
Topic
Board Economics
Re: The Risks and Rewards of Cryptocurrencies
by
Silberman
on 10/12/2019, 16:30:39 UTC
BBC recently did a interview around the volatility of cryptocurrencies. I think we are still so early in this industry but I would love to know your thoughts about where we are going and how you think the landscape will change.

People in the podcast include:

Marc Warne, Founder, Bittylicious
Jemima Kelly, reporter, FT Alphaville
Dave Jevans, CEO, CipherTrace


https://www.bbc.co.uk/sounds/play/m000676m
In my opinion, our year 2019 will not change much, the price of Bitcoin will fluctuate around $ 8000k - $ 6k5. This is considered a time of accumulation for many major investors. they are buying more bitcoins, the strategy is still the same as in 2018. when the whales deliberately pushed the price of bitcoin to $ 3k3, it was also the time that they bought more bitcoin. We can predict a very beautiful future of Bitcoin in 2020, its price could rise to $ 20k. how do you think ?
This is a great opportunity the price is having problems moving up and after it reached 7500 it began to go down once again and now we are at 7200, the price is moving in a very tight range so anyone that is looking to get bitcoin for a fair price has an opportunity that may not last long, personally I think the price could go even lower but nothing like what we saw one year ago so in my case I am holding off buying more bitcoin until we reach the absolute bottom.