Prediction #4 — Bitcoin stays crazy until traders learn it is not a currency

Full Article :

BetaNews - https://betanews.com/2018/01/26/prediction-4-bitcoin-stays-crazy-until-traders-learn-it-is-not-a-currency/

2017 was a wild ride for cryptocurrencies and for Bitcoin in particular, rising in price at one point above $19,000 only to drop back to a bit over half of that number now. But which number is correct? If only the market can tell for sure — and these numbers are coming straight from the market, remember — what the heck does it all mean? It means Bitcoin isn’t a currency at all but traders are pretending that it is. 2018 will see investors finally figure this out. Confusion abounds, so let’s cut through the crap with an analogy. Cryptocurrencies…

Leave a Comment

%d bloggers like this: