3 reasons for the recovery of bitcoin prices
Hacking crypto currency exchange and pressure from the financial institutions has negatively affected the course of bitcoin. However, experts believe that bitcoin will recover, and there are 3 reasons.
The TOP 3 factors that will contribute to the recovery of prices:
The cryptocurrency, which is more than 300 times predicted the collapse and death, a very interesting future. Experts believe that the history of bitcoin is not yet completed, and should expect new highs.
Previously on this topic in the news:
04.05.2018: What you need to bitcoin reached a new high? TOP 5 issues currency
After 3-month drop, Bitcoin is gradually restored. Now bitcoin is trading at $ 9600-9700, but whether cryptocurrency to return to the same height?
The TOP 5 problems that need to be addressed:
In General, experts believe that the return of bitcoin to their previous highs – a question of time, and existing problems can be solved within a year.
25.04.2018: Tim Draper: “Bitcoin is more important than the industrial revolution and the Internet”
And known cryptocurrency venture capitalist Tim Draper during the debate, Intelligence Squared US has stated that it considers bitcoin even more valuable than the Internet and industrial revolution.
According to Draper, the world’s most popular cryptocurrency will bring more profits than his investments in Skype, Tesla and Hotmail. The technology of the blockchain crypto is more important than the previous design.
“It is more important than the Iron age, the Renaissance or the industrial revolution. In 5 years people will laugh if you buy a normal money, not digital. Sooner or later the time will come when people will not want to use Fiat currency“.
Draper believes that the main means of payment will bitcoin. Soon it will dominate Althingi and become the market leader. Draper said he will not give up its forecast that after 4 years Bitcoin will be worth $250 000. Other experts are less optimistic, but also believe that by the end of the year bitcoin will rise considerably in price. Tim Draper has already bought about 30,000 bitcoins at auction and is not going to get rid of them. At the moment the total value of its assets of more than $268 million.
17.04.2018: Bitcoin will cost a minimum of $20 000 by 2019 – TOP 10 expert opinions
Despite the precarious position of bitcoin in the first quarter of 2018, experts continue to give optimistic forecasts. Financial experts and traders think that by December there is a mass change, and the price of Bitcoin will rise sharply.
TOP 10 predictions experts: