that Im an analyst and not an astrologist, nor do I have prophetic powers to predict the future. If we analyze these points then you can say that it is impossible for the bitcoin to crash. To answer this there is a need to analyze different factors. As the price of the bitcoin is falling continuously. Part of the Bitcoin mania can be owed to the Bitcoin bugs who are buying this cryptocurrency for no better reason but to stick it to their governments. The BTC price didnt just double or triple; it went up by a staggering 1,500 this year. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome. Chart Courtesy of m, so its obvious that if enough investors begin to unwind their positions and the sheep follow, a Bitcoin crash in 2018 could be inevitable.
As they are moving toward the other altcoins. You can estimate the future of the bitcoin.
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From where I see it, there are two kinds of Bitcoin buyers out there. Im not hesitant to say that a Bitcoin bubble may be in the making and Bitcoin prices may be heading for a major correction in 2018. But why, exactly, are people going gaga over a cryptic coin that arguably has no intrinsic value and is backed by no government or legal authority? The next year is just around the corner and our readers want to know where their investments could be heading in 2018. Currently, many companies are investing in this type of technology. Did, although the fearmongers will tell you otherwise. Countless businesses around the world are now accepting payments in the form of bitcoins.
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