[uncensored-r/Bitcoin] Why will Bitcoin Rise Again?
The following post by CryptoPieceCom is being replicated because the post has been silently removed. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7ni8t2 The original post's content was as follows:
BTC is struggling. Many people are bullish that it will be strong in 2018. For those who think that, why do you think that is the case when fees are so high and send times so slow?
People are starting to realize the bitcoins fee's are going to be outrageous. Already a post with someone commenting on 100$ fee's for transactions. Once more people pile in the network will become over run and transactions were taking more than 2 days to process.. This is what happened in December 2017 and this is why nano was king and it will do well.
Will Bitcoin Rise Again? Yes, Bitcoin will rise Again in 2020 and a top coin which was first ever cryptocurrency in market started with decent technology and now it is one of the best inventions in investment of world along with faster currency transfer medium, so being top or first-ever coin many investors was started investing in this cryptocurrency which results at one point at end of 2017 ... Bitcoin just surged past $8,000 on Tuesday, hitting its highest mark since last July. It tapered off slightly by mid-afternoon, but is still trading at its highest level in nearly a year. Bitcoin broke above $7500 on Sunday, 12th May 2019 at the Exchanges and OTC markets which again confirmed the bull market in Bitcoin. However, Bitcoin saw a big correction of 8.78% as the price broke from $7520 levels down to $6850-$6875. Nevertheless, it followed the bullish momentum and vertical trendline to trade above $7000 again. The price of Bitcoin at 3: 40 Hours UTC on 13th May 2019 is ... Bitcoin could double to $20,000 before the end of the year, returning to its 2017 all-time high, according to a bullish Bloomberg analyst... Bitcoin is back from the brink. Sort of. After topping at near $20,000 in mid-December, the world's leading cryptocurrency by market cap has been in nothing but freefall ever since.
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