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The world of crypto currency is becoming more popular day by day. More vendors are accepting Bitcoin and other crypto currencies. People are seeing the value of Bitcoin and are investing at a rapid rate. The question i always get is "Bitcoin still profitable" or the other one is "where do you see Bitcoin in few years or months". Im going to explain both today and give my prediction.
The question if Bitcoin being profitable is kind of a dumb question. The market cap is closing in on 12 billion which surpasses twitter. The market cap was half of that 2 years ago. Trading is probably the most profitable way to make money, the fees are as low as %2 per trade. Bitcoin was 600 few weeks ago and now its over 720 and looks like its reaching up towards 750. Mining is struggling rite now but its still profitable. Do you see value in Bitcoin? Is this something you would invest into?
My prediction for the next three months is positive for sure. I predict that in the next 3 months Bitcoin will be just under or just over 1000 per coin and holding steady over a grand. What are the basis or my predictions? Lets take a look at a few things that are happening in the next 3 months. November 15th we have a scheduled scaling code being applied to the block chain causing the value to go up. The Yuan is still steady falling, as well as the Venezuelan Bolivar. This is causing people to buy which makes the price go up. The halving happened in July and we have yet to see a real big effect happen and i think we will see it happen in February or March.
If you like reading about Bitcoin please make sure to like the topic!
As always thank you for reading please don't forget to follow me and like the topic.
https://listingdock.com/user/jkeyz2
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Lynne
I have seen how the value of Bitcoin has increased by over $100 in the last few weeks and that is just incredible. It has me sitting up and taking notes so thank you, without all your posts I would not have paid any attention. Great stuff Jkeyz2 so now is the time to invest? I am so seriously considering this as soon as I can get a little bit of finances together to do so. I am quite excited about it actually and I want to get my husband to manage it for me since he has traded before. I have seen how the value of Bitcoin has increased by over $100 in the last few weeks and that is just incredible. It has me sitting up and taking notes so thank you, without all your posts I would not have paid any attention.
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