Mon Sep 16, 2019 11:36 am
Do you currently hold Bitcoin and are wondering what’s going to happen with its price in the near future, what is the Bitcoin price prediction 2020? Or have you heard about it and would like to know whether it’s a good investment or not over the long term? Well, if your answer is yes.
In reality, nobody can predict the future of a cryptocurrency, but if we could, we would all be billionaires. In the cryptocurrency world, prices are very volatile. This means that the value of a coin can go up or down really quickly, with often no explanation as to why. This makes predicting prices much more difficult than traditional markets.
When considering the future value of a cryptocurrency, it is always better to look at real-world events. This can include improved technology, future roadmap objectives, new partnerships or even regulations.
Bitcoins have value because they are useful as a form of money. ... In the case of Bitcoin, this can be measured by its growing base of users, merchants, and startups. As with all currency, bitcoin's value comes only and directly from people willing to accept them as payment.