Bitcoin have problems with 700$ , price will rise very slowly with adoption ..
It will take years for something that people expecting right now.
people here have been spoiled too much. other than that, what reason can their insanely high price predictions be based on? some say $1000 for this year, which i think won't happen, but ok. some even up the bar to $2000 to happen this year... even more funny is the fact that they really believe it will happen. lol...
Seriously Its not good to speculate this much amount, Even with the effect of the halving, this years price won't grow that much, not even in two years, it needs more and more user and buyer so that price would jump, but the problem is that people are buying it and selling it very early, and I think the effect of that is not good.
well, the majority of the people here aren't real holders. they buy themselves some coins and look to sell them as soon as they see the price went up like 10-20%. some people even panic sell their coins when they see the price goes down. we just have to accept this. a lot people look at bitcoin as being a short term investment. that has to change.
