The Predictions Regarding Bitcoin Development Vary Widely

Despite its rather impressive drop from almost 20,000 dollars per Bitcoin the most popular cryptocurrency on the market is once again moving north, albeit not at such an accelerated pace as it used to before its depreciation.

The predictions concerning its future development vary wildly from analyst to analyst. According to some assessments, Bitcoin will rally up to $30,000 - $35,000 until the end of the year and up to $100,000 over the course of the next few years. According to other very generous assessments, we may see a rally of up to $1,000,000 

eventually. Whether that is an exaggeration or not will become clear over time.

Of course, there are some very skeptical analysists as well, predicting another depreciation to $5000 per Bitcoin.

An ActivTrades Seminar: An Introduction to Bitcoin and Cryptocurrencies

The popularity of cryptocurrencies has been growing since 2009 and lately it has done so exponentially, so now is the time to learn more about these instruments. You can do so by attending the seminar organized by the leading online broker ActivTrades in Dubai, titled “An Introduction to Bitcoin and Cryptocurrencies”.

There Dr. Saifedean Ammous, who is Professor of Economics at the Lebanese American University and member of the Center on Capitalism and Society at Columbia University, will answer many pertinent questions about Bitcoin and other cryptocurrencies.

The seminar programme will involve:
-An Introduction to Bitcoin and cryptocurrencies, answering questions about how Bitcoin works and whether it is secure.
-Supply and Demand dynamics
-Other cryptocurrencies such as Ethereum, Ripple, Litecoin and their supply, demand and use cases.

The “An Introduction to Bitcoin and Cryptocurrencies” seminar will be held on 12th February 2018 in the Dusit Thani Hotel, Dubai.

You can learn more about the seminar and register for it here.>>>

Bitcoin Passed $15,000 Today

I have been watching the incredibly impressive rally of the Bitcoin for the past several weeks and I have been reading various opinions about it.

Some are very enthusiastic about the cryptocurrency, going to the point of saying that it may eventually be used as a regular currency – in place of some regular currencies even.

Others have been skeptical and others yet – have called it a balloon that will burst eventually. My opinion is more in line with the “balloon about to burst” idea. Some traders have certainly profited immensely from this rally, but it cannot continue indefinitely, and when it does end the subsequent crash, I think, will be just as impressive.

What is your opinion on the matter? Would you trade Bitcoin?