What is the real Price of the Bitcoin

Lebedev

Lebedev

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Jun 26, 2018
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Every person this day has his own opinion about crypto industry. Some think that it is no more than a scam, other consider them to be a technology all the world will be build on in the future.

Blockchain - technology of distributed database is already being investigated and used by top world companies, such as Facebook and PayPal, because of its safety and anonymity. So the technology lying inside the crypto has a great future, but what about cryptocurrencies themselves.

Bitcoin has been going down after short time when everyone had wanted to get himself some coins, this way you might have felt that crypto are going nowhere, experts however, have better opinion.

What is the real Price of the Bitcoin

For example, Justin Sun founder of Tron said that bitcoin has already been at the bottom, but it won't get very high this year as well. For the next 3-5 years $3000 will be the least price we can expect, so fortunately bitcoin isn't going to become less valuable, unfortunately, we shouldn't wait for a powerful bull trend this year the price will remain at level of 3-5k. Justin has also mentioned that key factors that define crypto industry these days are:
  • Development of distributed technologies based on blockchain
  • Spread of Lighting Network technology
  • Increasing amount of cryptocurrencies users

Sun has emphasized on that these are universal factors that can be used regarding any coin, including TRX, adding that crypto industry will have a serious rally after 100,000 BitTorrent users will become part of the industry.
 
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