Pict Credit: CoinMarketCap
Can it be the “phenomenon” which we’ve been waiting for?
Bitcoin is here to stay, everyone knows that now, especially after December 2017 when Bitcoin hits the all time high $20K.
Although some dinosaurs are calling Bitcoin worthless mostly because they don’t understand how it works, I don’t blame them.
Many older generation don’t understand how the internet and social media works.
No wonder there is an old phrase saying “You can not teach old dog new tricks”. when you are getting older you will learn many things about life, you will gain more experiences and you are prefer to stay in your comfort zone.
Anyway back to Bitcoin, in 2020 the block reward given to the miners will be a half, also known as halving, this should boost the price of Bitcoin. Some experts predicted the price would be from $ 100,000 to 300,000 or even more.
Limiting supply means less production while the Bitcoin is getting more popular amongst the neighborhood so the price of Bitcoin is only goes up.
not investments advice, please do your own research before investing your money