Post
Topic
Board Speculation
Re: Bitcoins can hit either $8k or bounce back to $10k - volatile times are back?
by
ssamotoev
on 29/06/2020, 20:36:24 UTC
Bitcoin has never lost its high price volatility. A decentralized cryptocurrency will always have it. If the price of bitcoin for a relatively long time as a whole stands still, this is most likely an exception based on the counteraction of several opposite factors.
However, no matter how the price of Bitcoin changes now - in the direction of decline or growth, good price growth expects it during the year due to a decrease in remuneration to miners in May, and if the global economic crisis comes soon, then much earlier.
Exactly, the volatility won't decrease until whole bitcoin resource is mined and most of existing coins are settled down in hands of hodlers.
Thats when bitcoin is going to become a real digital gold