Bubble shows that bitcoin is heading back below $1000, says analyst
Zee khan is here again :) how are you all friends now market is stable hope so this year good for all holder's .
Bitcoin is a legit problem. Cryptos may well survive but drop greatly in price.
More government controlled FUD being reported by the media, in an effort to undermine the biggest threat to government's and banks control of money. Remember the government is only in business to protect their own interest not ours.
Bitcoin is up 53% over the past 9 days, and to celebrate SMH wrote another article omitting this and comparing bitcoin to the dot com bubble.Seems they forgot to mention after the dot com bubble prices skyrocketed to 10x +. Amazon traded at $10 in the bubble and today trades at $1400 - yet the media still refers to the dot com bubble as if it was the end of an era, today they rely on it for revenue everyone knows paper media is dead and the revenue in media is online.
It’s a healthy correction found in any developing industry.
Bitcoin is more disruptive than Amazon, it’s just a shame everyone with an opinion fails to understand it.
Crypto currencies are the next major disruptive force next to Silicon, and dot com. They are not only currencies, they include equity tokens and decentralized software platforms. Everything you buy or do from 2020 forward is likely to be on the blockchain whether it be a property title, equity in a company, or currency itself. Bitcoin is the core currency which trades crypto and is an essential part of the network, it’s not going anywhere and is only going to get bigger.
If you want a piece of the crypto market reach out, I’m happy to help.
since hitting a record near $US20,000 in December, the crypto-currency could plunge a further 90 per cent in an environment of unsustainable growing supply, according to Bloomberg Intelligence commodity strategist Mike Mcglone. Using Amazon. and the Nasdaq's spectacular rise and retreat at the turn of the millennium as a proxy, he said the currency could plunge to $US900.
Thanks you All .
Just i love your all news but pay in advance.
Good one bro help my life
Maybe we take another dive first but after that we go to towards the moon. Not sure if we gewoon that hi though;)
I dont see bitcoin falling to $900 for a long time. I wouldnt be surprised to see it happen though.
1000 seems a bit low. Everyone into crypto would buy well before that! :)
In this week bitcoin is very weak, drastic sale value, ssbagian bitcoin users feel the loss of its low bitcoin prices ...
Many infestors have denounced the price in its low value. Crypto is very stable and much different from bitcoin.
Not likely at all. Bitcoin is in its purpose, similar to gold. Currently, 1% of gold's value translates to $3,500 per bitcoin (assuming 21 million mined). We only stand at less than 3% of total gold value (approx. $10,000). This suggests bitcoin could be worth more than $300,000 one day.