Bitcoin price fluctuation in 2015 and a forecast for 2016
Bitcoin traders, it can be said, are now akin to the jolly colonists selling stocks under buttonwood tree. The common understanding for current growth leads us back to institutional investors preparing for the forthcoming BTC futures exchanges. While bitcoin may always be the proverbial hidden pot of gold for early buyers the future of all cryptocurrencies is still being written.
While bitcoin may always be the proverbial hidden pot of gold for early buyers the future of all cryptocurrencies is still being written. We see a common thread between these points: Many expect foul play. And are the bitcoin whales in for a sad Christmas? This ability makes bitcoin far more palatable to big investors who are currently flooding the market to make profits if and when the bitcoin price falls.
The common understanding for current growth leads us back to institutional investors preparing for the forthcoming BTC futures exchanges. Again, I cannot tell you whether to buy or sell but the common expectation is that bitcoin raises to a set point and then fluctuates between a high and a low until the next run up. That is all coming and at that point the market will harden itself against panics bitcoin price fluctuation in 2015 and a forecast for 2016 booms. Now that Bitcoin futures are available it is easy to buy into futures market first and then create a massive number of buys or sells of Bitcoin to ensure the price swings in favour of your futures contract.
This group of enthusiasts bought and held bitcoin and will not sell it at any current price. Yes, to those who are betting big on BTC. While bitcoin may always be the proverbial hidden pot of gold for early buyers the future of all cryptocurrencies is still being written. Many are disappointed in the moves, believing the rise is happening because of market manipulation.
This group of enthusiasts bought and held bitcoin and will not sell it at any current price. First we must understand what drives bitcoin price and, in particular, this boom. But is this a bubble?
Ultimately new and old users are testing the limits of a system that, for a decade, has been untested. But is this a bubble? Is this a bubble? Bitcoin traders, it can be said, are now akin to the jolly colonists selling stocks under buttonwood tree.
The primary theory about the astonishing rally being put forward by investors on social media is that bitcoin will soon benefit from big institutional money injections via the introduction of the first BTC futures products. The common understanding for current growth leads us back to institutional investors preparing for the forthcoming BTC futures exchanges. But we must remember that the real value of a cryptocurrency is not driven by price but instead is driven by utility.
And are the bitcoin whales in for a sad Christmas? Just as, inno one could have predicted the prevalence and value of open source projects like Linux and Apache, no one can currently predict what bitcoin and other cryptocurrencies will do for us in the future. Bitcoin traders, it can be said, are now akin to the jolly colonists selling stocks under buttonwood tree.