Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!!
by
xwebnetwork
on 31/03/2014, 15:52:46 UTC
You're really thinking BTC will dip that low? I have a hard time seeing that despite what current trends suggest. With so many missing already (lost in inaccessible wallets), the amount in circulation is less than mined which affects supply and demand protocols. Furthermore, the cost to mine is increasing, along with the global acceptance rates---ATM's are sprouting up in droves. I think it will begin to rebound once these more robust, compliant exchanges come into fruition. This will allow the average, non technical user to get involved and allow much more efficient trading. I can certainly see the volatility decreasing but as for the price, well, it really could go in either direction. Who knows.