What do you think about bitcoin ?? Share your opinion !!

in #msgc6 years ago (edited)

Kelly said a combination of things — including tax selloffs, multiple exchange hacks and about $10 billion funding initial coin offerings (ICOs) — have caused the coin, the largest by market cap, to fall in price.

Still, investors might not be so certain. The coin fell below $6,000 in February. But at its highs, in December 2017, bitcoin was priced around $19,500. That translates to a price decline of more than 60 percent.

While Kelly said the drop is "painful," he also said it's not unusual.

Cryptocurrencies are in a bear market right now, he said. "And bear markets, we don't know where they end," Kelly said. "It doesn't mean that bitcoin can't go lower. But this is by no means the funeral for bitcoin." What are your thoughts on this?
The upcoming future is cryptocurrency and blockchain technology..

What your prediction till the end of 2018 ???

Comment and let us now!!!!

Sort:  

Source
Plagiarism is the copying & pasting of others work without giving credit to the original author or artist. Plagiarized posts are considered spam.

Spam is discouraged by the community, and may result in action from the cheetah bot.

More information and tips on sharing content.

If you believe this comment is in error, please contact us in #disputes on Discord