Bitcoin going up or down?

in #bitcoin7 years ago

After the crash that followed ICOs being banned in China, Bitcoin dropped to $3000 from $5000 rapidly. Even faster it rises again above $4000 and now Coinmarketcap lists it at $4283.52.

But the questionat this point in timeis : will Bitcoin deflate to zero because it is a bubble like JP Morgan's CEO Jamie Dimon and some others affirmed or...

...or it will rise to reach unimaginable prices of $50000 because it is an valuable and innovative technology. I've got my answer, and I put my money where my trust is. Hint: my trust is not where the government issued currency is.

You can read the entire article here:

https://cointelegraph.com/news/50000-bitcoin-could-happen-if-this-isnt-a-bubble-but-an-s-curve

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