Is Bitcoin going to the moon?
These are the latest predictions of where Bitcoin might go and how its future could look.
So Bitcoin rised 7.5% in the last 24 hours, while a lot of other coins seem to go down quite a bit. What does that mean?
Well there might be more buyers as the fork and the segwit didn't really caused a drop or a crash at all. It seems that Bitcoin can prove its stability even through these times of an unstable and rather unpredictable market. This makes sense as Bitcoin is the most tested and attacked crypto currency this far. It is on the market for a long time and it survived hacks and crashes. So it might now just start to become popular in a bigger scale because skeptical people start to see its strength and durability on the market.
The market is expanding as japan and china are getting involved in a bigger scale as there are companies buying into it.
More and more dollars are pumped into the system by the FED so the price of Bitcoin rises (when actually the dollar goes down)
4)If you consider fiat other fiat currencies failing and inflating, governments might start to buy into it more and if the BOND Bubble bursts , it might just sky rocket!
- Long term government bond interest rates have never been as low as today. This bubble might just be about to burst. Mr. Greenberg said in an interview that the price levels now are below the ultimate peak. there are more bids than offers. so it looks stronger when it actually is about to bear. The major change between the last 15 years is that the interest rates are so low, but once they start to go up, stock market prices will start to get into trouble. Since the last two weeks central banks are rising their interest rates.
There is definitely some signs that may predict a bright future for Bitcoin.
What do you think? (Again I am e newbie and try to explain it to myself by posting about it which makes me read a lot about it. So please feel free to correct me).
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