Agency: Bitcoin will plunge to $ 1,800 in 2018
FX168 Financial News (Hong Kong) A consulting firm based in Wall Street predicts that there will be a massive collapse in the cryptocurrency market this year.
Quinlan & Associates, the US financial services consulting firm, predicted on Thursday (January 11) that Bitcoin is expected to plunge to $ 1,800 by December 2018.
The 156-page report found that the current bitcoin price of nearly $ 14,000 far outweighs the value of being an investment asset and payment mechanism.
The report wrote: "As an asset, we evaluated Bitcoin's cost of production means and means of storing value, with results of $ 2,161 and $ 687, respectively."
In order to assess the value of bitcoin as a currency, it is tested against both its legal retail transactions and its utilization of the black market, and concludes that the price of bitcoin is about $ 1,780.
The company said Bitcoin's bubble is waiting to be punctured.
Woff, woff!
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Tips:
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Woff, woff! 🐶
haha . this is all the fud spread by them to get cheap btc
yes haha
waw
전혀이해가안돼!