Hello My Friends and Followers welcome again. Today we will discuss the future of Bitcoin.
Most of people know what is Bitcoin and what is the current status of Bitcoin, but today we will discuss apart from this concepts.
Without wasting a time let's start the session.
What you think Bitcoin price will increase 10x in 15 days or decrease 10x in 15 days???
Why Bitcoin price goes down constantly???
What is the reason most of the people not taking interest in Bitcoin????.
Before we talk all about these things first we will understand what is Bitcoin and why Bitcoin is introduce???.
Basically Bitcoin is a currency that we can't touch but we can feel it. We can order things from it and we can spend it but in reality we can't see Bitcoin so we called it as
Crypto Currency.
Bitcoin is introduce to buy the things and it is same as the ordinary currency but people misuse the Bitcoin.
Instead of spending their Bitcoin they hold the Bitcoin because of this it's price goes high in last few months but now people are educate and they mine the Bitcoin so more Bitcoin is present in the market because of this now Bitcoin price is low and can't increase.
Now there is no demand for Bitcoin because everyone focus on the mining no one is interested to buy the Bitcoin.
Current price of the Bitcoin is 6,600 USD.
It's price can be increase if and only if ETF is approved otherwise it is so difficult to increase the price.
If ETF is approved than middle class people and poor people can invest their money in it. And in the world middle class and poor people are more compare to rich people.
In current situation it is to costly to maintaining the Bitcoin, it has several type of charges.
Conclusion:- what I am said is my view point I am not saying that don't invest in Bitcoin or invest in Bitcoin I am just saying the common people view point about Bitcoin.
If you like this than give one thumsup and comment your opinion about this and also follow me for more this type of blogs.
HAVE FUN AND HAVE GOOD DAY.
THANK YOU...