Post
Topic
Board Economics
Re: Is Bitcoin Over?
by
Visbay
on 11/01/2020, 08:18:55 UTC
Needless to say disaster scenarios for bitcoin. Because bitcoin has already suffered a disaster. What a disaster. The price has fallen very high down. But surprised. Bitcoin stood up again. 7000 dollars is a very good price.
for 7K it is including a good category after a terrible fall violently in recent years, but right now Bitcoin is trying to get back up because some people say Bitcoin will die but I don't believe it about that. Bitcoin is still not over yet because we will soon see the heyday of Bitcoin will repeating again in year 2020. right now Bitcoin is almost to reach 8K and that's good enough.
 
For correction it actually reaches the 8K. For me, it has a really good chance on going up since it reaches the 8K, I read some news that if bitcoin reaches the 8400-8600 it may go straight to 10K, I am really surprise that after a long time of being stable it is making a move now.

And we are now at $8K, what do you say people?

why are you giving bitcoin too much attention when it's down, don't you know that it's normal, just look at what is happening now, for sure if bitcoin will hit $10,000, people will be in FOMO again thinking the bull run has started, same old trends, that's why the market can easily get manipulated.

just observed and enjoy what you are seeing now, bitcoin is not over yet, it's gonna set a new high again, SOON>
I do know this thing and I am really not worried about the market fall because I know bitcoin has a good ability to again rise and make a good place in the market as it had in 2017. I know yet the price is low but in a few years, we will see it higher than before and right now it’s time to hold and wait. Bitcoin will soon rise higher than $10k in the market.
I agree with you that bitcoin is bound to grow even stronger. I just hope to collect as many coins as possible before bitcoin grows even bigger

Bitcoin has limited supply but have a unlimited demand, so I think that after some years it will go up since every day the user of bitcoin is increasing, let's just wait for it and hold our coins! What we can do to acquire some profit is hold and trade the half of it.



Bitcoin will never be over, just compare the price of it when it started and imagine the adaptation that is happening worldwide, many countries are starting to accept cryptocurrency and for me, that is a very good news for bitcoin.
Yes, bitcoin will never over and it has no doubt that bitcoin changes the price but it has so much potential to again recover and come to high price. There are so many investors and they are investing in bitcoin so be good to bitcoin, fake news is only to scam you don’t listen to them and keep holding your Bitcoin with determinations.