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RE: Why Bitcoin Is Not Reaching $10000 ? Why Crypto Bull Run Is Not Coming ?

in #bitcoin7 years ago


That's exactly what we are seeing.so I quite agree with youFocus should be more on Blockchain tech application to simplify and enhance business models.the hype on Bitcoin price or trading should not take the front seat.since Bitcoin last bull run to 20k,the market is yet to recover with more and more traders losing funds.CBOE did say it will tame Bitcoin sometimes in Nov 2017 https://www.coindesk.com/cme-groups-leo-melamed-well-tame-bitcoin/

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Dec 2017 is when Bitcoin futures was launched and it is the biggest game changer in term of bitcoin movements nowadays .
But yes as you said price should not be the criteria to rank it ahead but most of people and investors just came in for quick profit which makes it looks dirty sometime as no one focus or talk about technology but its price ..