The price of bitcoin "settled" and probably it's good.

in #bitcion7 years ago

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After last year's jump in the price of bitcoin, many had hoped that in the near future it could again significantly rise in price. It is necessary only to suffer and people coming to the market want to invest in bitcoin big money. I consider these expectations to be in vain. Why?

It's pretty simple. Bitcoin for a year has seriously reduced its percentage of the total capitalization of all crypto-currencies. This suggests that people began to invest in other crypto projects. The number of those who are not afraid to contact the crypt is small, so at the moment they have already allocated their investments for different assets and are unlikely to buy bitcoin.
Now everyone is sitting in the hope that new investors will come to the market of crypto currency and thereby raise the price of the cue ball. They will not. Do not forget that of the entire population of our planet, the category of wealthy can be attributed a maximum of 10%. I mean such people who have some surplus money, which they are ready to invest in some asset. I assure you that most of these 10% will invest in real estate or in dollars. Those who are ready to climb into the extremely risky world of crypto-currency have long since gone there. So the current price of bitcoin is likely to be fixed for a long time. The price jump can occur only if the cue ball is recognized as an international currency. But this will not happen, as long as there exists such a state as the US, because you can remove the dollar from the international arena only with this state. And for today and for the near future it can not be done by anyone.

So, in my opinion, you can stop expecting a sharp rise in bitcoin prices. It is necessary to get used, that it will cost so very long. And proceeding from this, forget about the extra income on the Voice project. Perhaps this is good. Such a state can be a guarantee of the long existence of the Voice, as a means of a small additional income.
It's probably wrong to call such a state stagnant. Rather, it can be called finding a certain niche of existence. I hope that the existence is very long.