Re: WHEN WILL BITCOIN BE BACK TO $20,000 ?

#2
BTC is a great archetype of cryptocurrency! However I prefer more innovative projects. I thing that soon we will see alt coins with rock stable rate independent from BTC. There is already Nebula Network - decentralized storage cloud with emission mechanism tied to the supply (in form of computational power and disc space). Thanks of solid backing it's rock stable. May it be a solution for investor fears? People are worried to put their money in something unstable, isnt it?
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Re: WHEN WILL BITCOIN BE BACK TO $20,000 ?

#3
Making it back to $20,000 might take a year or so. This is because there are so many alt coins coming out and the market is still trying to adopt this idea of cryptocurrency. During an adoption phase of the market, you expect huge fluctuations until the market accepts the idea.

This idea is a huge worldwide ideal therefore having the market adopt it would take a long time. This does not mean the market won't adopt it. Two financial investment firms have already taken on the challenge and are bringing BTC to wall street. Once BTC is on wall street, market acceptance would be a lot easier.
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