You are viewing a single comment's thread from:
RE: TA: Bitcoin Correction Is Over, Price Projection 49225$ By May
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?
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.