Ten experts debate bitcoin's recent declines and the future of cryptocurrency

in #cryptocurrency6 years ago

105399044-4ED1-REQ-Bitcoin-081518.940x528.jpg

Bitcoin's price was above $8,000 at the end of July. Now, in the middle of August, the cryptocurrency is down to around $6,500."What you're seeing now is a bit of panic selling" Brian Kelly said on CNBC's "Power Lunch" on Tuesday. "To me, it's one of the better entry points that we've had in a long time."Bullish experts liken bitcoin to early Internet companies like Intel or Microsoft. These companies took a while to find their footing before having success. Bearish experts, on the other hand, fear bitcoin and other cryptocurrencies are part of a speculative bubble.

Here is what 10 experts have to say about bitcoin.
Sort:  

Congratulations @lovepaki! You have received a personal award!

1 Year on Steemit
Click on the badge to view your Board of Honor.

Support SteemitBoard's project! Vote for its witness and get one more award!

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.029
BTC 76262.49
ETH 2949.42
USDT 1.00
SBD 2.63