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May 06, 2018, 03:39:01 PM |
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Hi guys, i'm making this topic for all the people uncertain about the Bitcoin future and price, and don't know what will happen from now.
First of all i have to say that the Bitcoin was "attacked" from the institutionals(Governments,Futures contracts), big whales(Mt. Gox.), fudders(people that want hit emotionally the market to constantly buy low/sell high and repeat the cycle) and parasites(looks at the BCH marketing, claiming that the BCH is the real BTC) After the spread of FUD it recovered the 40 % from the price bottom in less than one month, passing from a price of 6500$ to the actual 9600-9800$ with peaks of prices at 10.000$. So the bitcoin is in green, a green of the 40% in one month.
It happened because after the big fall the institutionals entered happily at the bottom price, Mt.Gox is unable to sell for a law sentence, the fudders can't manipulate the new so easily because the people are every day more informed about the crypto arguments and the stupid things they say for make panic and fear can easily be classified as fake. Now do you think that the price will go over the 10.000$? You don't know eh?
Let me tell you why the price grow will not stop... there are alot of fundamentals that i can mention to explain why of the grow of the Bitcoin price will not stop. I will just mention the "Halving Rewards of Btc Blocks". When the block rewards will be the half if the price will not be bigger it would mean a loss for the miners, and the mining will so slowly stop. Do you think that big investors as Samsung, Intel, NVidia, AMD, Microsoft ecc.. and their distributors like Bitmain will stop to produce their new technology or they will sell that for the half? Can you ask yourself why they are investing immense amounts of money for the grow of this new technology? Do you think they are making the wrong choice putting billions into the Blockchain Tech, or are you the only stupid that are selling your coins for "Pennies", compared to the big asset you could have in months/years.
Also from the date 14 May to the 16 May, we will see again the Consensus, the biggest Crypto congress in the world, happening one time, every year. All the biggest news, updates, and wallet implementations will be seen here. We have the possibility to see giant improvements as the Lightning Network, important partnerships, and in the and, we could see solutions for the mass adoption of the Bitcoin.
In conclusion guys, be positive guys, hold your position for a long time, and don't let somebody influence heavily your point of view. Just be informed, and hell, if you haven't ever do it, read the "Satoshi Whitepaper", it contains the fundamentals and the means of the Bitcoin. I bet that less than the 20% of the forum's people have ever read that.
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