Bitcoin - Do you think that it will make it to 40000 USD? Here are my thoughts
As we all know bitcoin is above 10k usd. Amazing.
I would expect big correction in bitcoin price(but temporary) during christmas .
Everyone is putting money. Everyone is making an ICO. Similar fo dotcom baloon
Now we have 150 Billion in Bitcoin. The power of networking. People need to follow a person or an idea and that is causing such a thing like BTC - 10k.
Interesing facts:
only 16million coins
only 500 000 accounts in bitcoin holding above 5000USD
last few days most exchanges were suffering from lack of Bitcoins
So would assume that the price will still go up and it will reach 40-50k in the future.
What do you think?
Leave your comment in the section below
I see it getting smashed down and hovering at 3k for a long while then taking another bull run. It could go to 20k before then but who really knows?
@cryptomeeks thanks or your comment. I dont think that it will go down.
You know that last few days most exchanges were suffering from lack of Bitcoins.. People wanted to buy but nobody was selling enough. the idea of crypto money but you can buy only from your exchange and for a specific price (defined from an exchange) is making me :(
you gotta think about how things will change. Bull Markets don't last forever.