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RE: Bitcoin Rally Possibly Exhausted.

in #cryptocurrency7 years ago

Honestly I would absolutely love that, sideways is great for accumulation. Do you see Coinbase Custody having more effect on the price in the short term?

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I don't see anything having any effect. For next big move either some manipulation pumps it or mainstream hypes something new about crypto that the masses don't know yet about, like dapps. A dapp that catches people's attention. That'll throw fuel on there. Even if the app doesn't work.

agreed, to add to your point the business ecosystem around Bitcoin is not there yet (apart from mining and exchanges), we're still looking for that killer app... maybe the Lightning Network.