The Belgian independent writer Jean Pierre Buntinx, who is particularly well-known for his writings on bitcoin, has recently written an article that States his views on Bitcoin's price.
To be intertwined with the world of bitcoin means to ignore short-term changes and inconsistencies. People who have been following Crypto Coins for years know the unwritten rule very well: the price of Bitcoin is always open to interpretation and speculation. Despite everything, all this progress is still rising.
Bitcoin Price Is Fine
When it comes to bitcoin price, a lot of people get excited. With a very rapid rise last year, the price was less than $ 1000, almost $ 20,000. With this rise, it turns out that what is called “dream” can be quite real. Still, this madness has calmed down at the moment, or seems to be.
Many people tend to look for the bitcoin price for a short period of time. The current value fell significantly compared to late December 2017. This was a completely anticipated development and will benefit the Bitcoin market in the long run. In the realm of cryptos money, there is always some uncertainty.
Some experts say we can see the price of a $ 25,000 Bitcoin soon. Others plan half a million or more per BTC by 2020. All of these estimates can be completely true or completely false. Speculation does not serve any purpose at the end of the day. Bitcoin price will develop in one direction or another, this is guaranteed at the moment.
Big Picture Looks Pretty Cute
Bitcoin price trend is evaluated for a long time and everything seems to be fine. A year ago, the value per BTC was slightly above one-seventh of today's situation. Compared to three years ago, the current price is 3,500%.
Maybe 2018 will be a more calm year. And it's only time to show what's going on. Those who believe that bitcoin will really succeed don't care about the current fall. Market changes occur every year and are highly volatile. Bitcoin survived a 99% drop in the first two years and continued well.
