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RE: Bitcoin (BTC): Very Exciting Days are Ahead for the Cryptosphere

in #bitcoin6 years ago

I think that in the long-term the price of BTC will fluctuate around 10k. Maybe around 12k, it's difficult to estimate. But the point is, the price will not grow but fluctuate.

Primarily you must realize one extremely important thing. Of course, we are in the crypto bubble. Imagine the situation when every speculator sells his crypto coins (BTC or whatever) and only people using coins for real transactions (paying for goods, services,...) stay on the market. The price would crash immediately. Do you need to sell all of your coins? No, of course, don't do it! But you must be aware of this truth. So the most important in this bubble is that you believe there will be more people willing to buy coins. -> and according to bitcoin sentiment it seems like a probable scenario in short-term.

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Everybody seems to have an opinion. Do your own due diligence.

Yeah, exactly