Dear Diary: It Is A Long Way For Bitcoin At $28,000
We holders of Bitcoin at some point will be smiling once Bitcoin turns 28,000 Dollars per BTC and that is the prediction and of course cryptocurrencies always surprises us with its crazy price jumps based on many things like good news like SegWit which just makes fast processing of the BTC transactions and it will indeed make BTC great for doing business with.
It is a fact that Bitcoin is more than 10,000 dollars as of this writing and it will not be long until it breaks what analysts say the line of resistance where everyone is selling for the fear of the price going down again. But for the investors of Bitcoin there is no need for such a panic because Bitcoin is bound to become more scarce and with the scarcity comes the jump on price because of the law of supply and demand.
I am just guessing but by December again this year we can see Bitcoin at the price of at least 28,000 as more and more people use cryptocurrencies because social media for blogging, streaming, or video uploading will flourish and this is just the example of that, STEEMIT.
So as more people use steemit they will get introduced to Bitcoin and they will use Bitcoin and will contribute to the scarcity and value of both Bitcoin and steem. It is all good from here and we at steemit is at the forefront because we use a lot of cryptos including Bitcoin. We just have to hold on and use the steem blockchain so we can also enjoy bitcoin, enjoying the best of both worlds.
@cryptopie I can't wait for cryptos to go back up again.
I have no doubt BTC will be worth loads more in the future. It's all a matter of waiting for the rise. Patience is key. Steem will go up loads in value also over time. Peeks and valleys my friend.
Yesss thats the spirit..@cryptopie ....now our cryptopie has turned a CRYPTOANALYST.... good going brotherr...we need your more suggestions
LOL.
Anyone can be crypto analyst.
@cryptopie a person like you is always inspiring.. thankyou sir
Thanks for your analysis friend, believe me it helps a lot to those of us who are starting and we do not handle this issue of cryptocurrencies well. I was half discouraged by how much under the SBD, but when reading your information you encouraged me. A hug and that everything goes very well.
very important and useful information about cryptocurrency.
It is very good prediction about BitCoin and you looks like a financial adviser, in other words, CRYPTOANALYST ;)
People hoping btc will reach 50k this year.i too hope but we will see what will happen
Very good analysis; the price of bitcoin will go up, that is inevitable. It may even go past $28,000, it all depends on how high the demand gets. Steem will also see steep increases.
I think your prediction about bitcoin is right.
In future we saw this .
Thanks for sharing your prediction with us.
I love your positive thinking. That’s what keeps us ahead. Once bitcoin gets to at least $28k we will all be celebrating.