Bitcoin to the 5000 mark??
guys what you all think we should do go full steem instead of bitcoin share your thinkings greetings bitcoin company.
A bitcoin “flash crash” briefly rattled cryptocurrency traders last night. Bitcoin lost more than $3,500 before quickly recovering. As of early this morning, the digital currency is back above $17,000.
Speculators may have gobbled up this brief bitcoin dip. But it isn’t the last time we’ll see wild price action in the crypto world. In fact, I think we’re going to experience an epic bitcoin crash in the coming months.
This brings us to my next wild prediction for 2018: Bitcoin will crash at some point in the next 12 months, losing at least half of its value.
Make no mistake — I don’t think this crash will mark the end of bitcoin. In fact, I think another hard reset for the digital currency has the potential to strengthen bitcoin in the long-term.
To explain, we first need to break down bitcoin mania to its core…
It’s safe to say that bitcoin and other cryptos are in the “Wild West” phase all speculative assets go through as they mature. The rules and regulations are fuzzy. Rapid price appreciation has attracted scammers and hackers. For many investors who are just learning the bitcoin basics, it feels like crypto “outlaws” are looking to rip off anyone to make a quick buck…
With prices moving so fast, countless analysts and money managers are sounding the alarm.
Naturally, investors who have witnessed the meteoric rise of bitcoin and other cryptocurrencies have one big question on their minds:
Are cryptocurrencies experiencing a massive speculative bubble right now?
It certainly looks like it.
fireworks for btc
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if you think the same please reply what you think guys
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I think btc will grow over 1milusd in 2 years,because new people are coming,and when you make a trade you use btc in 90%,btc is most used for Icos,it is the grandpa of all coins,cheers
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Source- https://dailyreckoning.com/the-great-bitcoin-crash-of-2018/
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Thank You!
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yes that's right I agree with you @bitcoincompany
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Is this an old post? Where did the flash crash happen?
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Thanks . I always feel smarter after reading your posts. Please keep sharing your thoughts. interesting post
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May be a shaky first quarter but no doubt by summer and fall we're going to see fireworks!
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Amazing post
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