Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin still a people's currency?
by
Wysi
on 29/12/2019, 17:32:27 UTC
There's no money worth 7000 dollars. Bitcoin can be worth the price but with this store. People see bitcoin as an investment instrument. The instability of the Bitcoin price scares people. Offers an opportunity for people. And that attracts people. Uncertainty excites people.
True, bitcoin really got an awesome value in the market, it's around 7400$ right now, according to preev.com and I think that this price is able to increase a lot in the near future. It was already 19.7k$ in December 2017 so it's really get the potential to increase hugely and reach that peak again and even it can surpass it.


Bitcoin is indeed the most valuable form of money and it will remain people's coin as users have control over their bitcoins apart from whales and traders who are responsible for manipulating the value. everyone is waiting for the price increase which could take place in the near future and we have already got the signals about the pump as bitcoin is trending green from few days. But we cannot confirm anything until we see a huge difference in the price of over $500 instead of $100.