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Introduction videobitcoin trading bot reviews
Bitcoin has maintained its strong performance despite some controversies like the Wannacry hack which momentarily imply that Bitcoin can be used for criminal transactions. Many also predicted bubble burst due to its sudden price surge. From every looks of it, it will just continue to go up. From world coin index price chart below you can see its bullish trend achieving new ATH almost every month. The Market Demand According to Goenka, the current Bitcoin prices are not necessarily defined by certain events.
Global awareness toward Bitcoin is increasing and the demand from institutional investors is rising and are the prime reasons why there is a growing market demand for Bitcoin. Image source Goenka stated in an interview: Positive news of regulation in major countries like China, Japan and Russia have added fuel to the current rally.
Japan has also established a platform for institutional investors by announcing Bitcoin as a legal currency. Such clarity to the regulatory side of Japanese government not only to Bitcoin but to digital currencies as a whole encouraged institutional investors and multi-billion dollar corporations to participate in the growing masses of Bitcoin industry. Goenka further added that the whole cryptocurrencies market and industry will see the influx of more institutional investors by offering an entirely new investment category in digital assets.
Bitcoins represent a new investment category called digital assets. This industry is exploding in usage and innovation. We believe this is just the beginning. And if you have not done it yet Follow arnel I love to know what you think. Share us your thoughts. Will the price of Bitcoin go down or will it go higher? Please leave a comment below. Or are you one of those who just buy and hold? It is not too late The best day was back in when it was just created.
I appreciate your comments. I agree that the price will continue to rise but almost double again I don't know. With the rise of altcoins much of the money will be diverted to other tokens. But when you watch the trend they are driving the prices to be higher than for it to go down.
More Countries To Follow. Authors get paid when people like you upvote their post. Let's keep it up!!! I'm just barely learning about all of this, actually.
Haven't started doing either yet! Thanks for the tip! Have a happy May!!! Greater things to come! Congrats to all Bitcoin holders. Congrats to all Bitcoin holders!