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RE: TA: Bitcoin Correction Is Over, Price Projection 49225$ By May

in #bitcoin7 years ago

What will be the catalyst for the surge in value? Do you expect governments to validate it as a recognized currency? Major international business to adopt it as a payment system? Or do you believe that market momentum of individual investors will drive the value up to such heights?

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the second one

I wpuld prefer the first. Trade and increased volumes really help determine a fair and stable value. When its predominantly individuals who tend to HODL then the volumes are suppressed by speculators and value is far more eratic.

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