Hi steemian friend ...
Today I read quite a lot about bitcoin. From a variety of issues from observers from researchers from investors and from bitcoin trading. From all their different opinions about the bitcoin I can gather is bitcoin would be 50:50 between being 0 $ and $ 80,000. But I think about bitcoin is more tends to increase its price even though it does not reach $ 80,000.
The trend for me today is news from:
https://m.detik.com/finance/moneter/d-3749600/debat-para-analis-kelas-dunia-soal-lonjakan-nilai-bitcoin?_ga=2.192102057.2097897472.1514707295-1195813222.1510035490
Bubble to Ponzi is a word used by critics of cryptocurrency for the past year. This is because the exchange rate movements continue to crawl from bitcoin initially under US $ 1000 per chip up to US $ 10,000 per chip.
Citing CNBC, JPMorgan Chase CEO Jamie Dimon revealed that cryptocurrency will not last long in the United States (US). Since the beginning of the year, this virtual currency has yielded more than 900%. A trader says, the increase in bitcoin prices in 2017 is the biggest movement over the last 40 years.
Unlike Dimon, Distilled Analytics Academician and CEO David Shrier told CNBC he is not in doubt about the potential of this virtual currency. "There is bitcoin utilization that can make its value last longer or increase, although the price may decrease, but bitcoin will not return to zero," he said on Thursday (30/11/2017).
Researchers from DFINITY Project Dominic Williams are quite skeptical of bitcoin offerings in the past. He mentioned that there will be only a fraction of the projects that are likely to succeed in an initial coin offering (ICO).
ICO is a way for companies to raise money in return for conventional money or digital money. "Most are specially created, and they are ambitious to raise money from enthusiastic investors," he explained. Founder and CEO of Citadel Hedge Fund Ken Griffin is worried that some investors are mixing blockchain and bitcoin.
Blockchain is a generic term for bitcoin distribution. Blockchain can record transactions. This is the basic technology that makes cryptocurrencies such as bitcoin and ethereum. He mentions many people who buy while not understanding the underlying technology.
Shrier explains, that he is not worried that the problem in cryptocurrency will hamper conventional bank transactions. Precisely the speculation can help to attract new sources of capital to the place. As a digital currency, he explains the very irregular bitcoin price movement. This is because it is influenced by the interaction of speculative demand.
He is worried, the possibility of some people who enter at the beginning and master the transaction is making trouble. Frightened there is a pyramid scheme that makes early buyers richer and others lose much money. Meanwhile, Fund Manager Michael Novigratz revealed in the future there is the possibility of bitcoin through US $ 40,000 by the end of 2018.
In the opinion of my friends how about bitcoin ..? Maybe you have an explanation of how the fate of Steem Dan Steem Dollar if Bitcoin Down ...?
Some of the contents of this post are excerpts from 》 https://m.detik.com/finance/moneter/d-3749600/debat-para-analis-kelas-dunia-soal-lonjakan-nilai-bitcoin?_ga=2.87200155.2097897472.1514707295-1195813222.1510035490
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It's interesting to see how this has gone and all the more interesting to speculate on where it will go!
block chain is going to be a game changer and BTC will always be a blue chip to hold or trade.
I hear a lot on price speculation and all I have been able to figure out this far is that the price of BTC is based on how much it is being used... more use = more value. I know it's going to be uses more and more, BTC ATM's and debit systems will see it sky rocket in my opinion.
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Thank you ... It might happen in my country like you said
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Nice Job
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Thank
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