Dear @majes.tytyty nice work in writing this detailed post about Bitcoin price analysis. If we look at the overall Bitcoin prices last 10 years then the growth looks realistic but in the year 2017 it was all time high in fact it was at the peak.
I personally don't think that Bitcoin is a bubble but some where I feel that there was some manipulation in its price in 2017. We all know that the current price is more than 80% lower than it's the price we saw in 2017 end. Currently it's trading between 3000 to 4000 US dollar which was around 5 to 6 thousand US dollar couple of months back.
Many experts are saying it will touch 1 lakh US dollars in one year or so. I also think that it can test 100000 dollar price in future based on the developments happening in many countries. A very big community is working behind Bitcoin to get it accepted for transaction or payment purposes but at the same time few countries or not in favour of it looking at the current scenario and India and China is one of them.
I have long term goals with Bitcoin so I personally don't worry much about the price because I am pretty sure that it will show all time high again but don't know the exact time. I'll be holding all my investments for a long term which is going to be few years. In my opinion Bitcoin is not a bubble and it is a digital asset.
Thanks dear @crypto.piotr for sharing this post as I enjoyed reading this post and undoubtedly a great piece of knowledge by
@majes.tytyty
Dear @alokkumar121
This is surely great piece of comment and I wanted to read it through, but it's just so hard to read since you didn't use "enter" even once.
Perhaps you could consider using enter sometimes to separate blocks of text? it would make reading much easier :)
Yours
Piotr
Sorry for the inconvenience dear friend. I will update this comments and will be considerate in future.
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Thank you @alokkumar121 :)
Now I can really read it without feeling that it's a struggle :)
Yours
Piotr
I agree (altho I'm seeing it now in its revised form). As an editor, I know that it's essential to format and present any writing, properly and clearly. Otherwise, most people (including me and Crypto.Piotr) will not want to read it all the way thru. :-)
Thanks for advice dear @majes.tytyty I will be careful.
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