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Author Topic: Happy with Bitcoin at $20K  (Read 447 times)
richardsNY
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January 06, 2018, 06:53:09 PM
 #41

Were seeing the huge pump again this year, even so many predictions bitcoin would be very on track again. Yes hope this will happen that bitcoin climb again.

Huge pump? It's just the market readjusting itself after a relatively short period of consolidation. It is exactly what the market needed after a crazy increase that was totally not sustainable last year, so it had to come down a good bit. As for the predictions, they are pretty much worthless since the majority of the predictions are based on nothing. People's simply logic here is that when the price is going up, the market is doing well, and when the market is going down, it's performing bad. The only thing that actually matters here is the money that's being pumped into this market, which will push the market towards newer highs when it's ready, and we won't have to wait long for this.
jackhdt
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January 06, 2018, 06:59:33 PM
 #42

there is so much basis for this year bitcoin price will continue to increase. I think $ 20,000 would soon return to at the end of January. and if the issue of fees and transaction speed is resolved when applied lightning network, then nothing can stop bitcoin


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