Post
Topic
Board Economics
Re: The recent rise in prices, temporary or more long term?
by
GeorgeJohn
on 12/01/2021, 17:25:18 UTC
BTC has risen quite a bit recently, but at a slower overall rate than in December 2017.

Given that it looks like Joe and the Ho might actually get in, I am wondering if the big rise in BTC interest is because people are using crypto to transfer or HODL their cash assets to avoid taxes.  I certainly would.  I think that if it is the case, then BTC price has quite a bit of upside left in it yet, and when (not if) biden tanks the economy, then BTC will be used even more.

What do you think of the recent price gains and if the prices will stay up or crash out?



Trump won the election.  biden was INSTALLED, not elected.  There's a difference.

Shall the post has been posted before the rapid increase of bitcoin, so its obvious that the recent increase of cryptocurrency  have answered the question, and its very clear that price of cryptocurrency especially bitcoin still on motion of increments, and definitely the price will automatically reduce but not like initial, because everyone know that the price is not constant.