Bitcoin price watch currency hasnt moved but is another bull run on the way

I believe there will be some stability from now on, all these days Bitcoin trading was happening in the somewhat grey market, introducing it on exchanges will bring in more regulatory framework around it, but having said that my personal opinion is that it will not stop its bull run and will continue to move up because of its reputation and growing interest of investors into cryptocurrencies, Etherium is an another cryptocurrency to watch out for which is building a whole new project on blockchain technology.

The bears will come and tear down bitcoins to bits. I feel smart about staying away. Only time will tell. One thing is for sure , the introduction of futures will definitely attract the attention of more institutional investers. As a result market cap and the price will jump up in the near future , but will it be able to sustain itself is the question.

There are chances that there will be a correction after that. However , one thing is certain , BTC is here to stay, Another thing interesting to watch out here is how will the world governments react to it SEBI and RBI have already joined hands to to study and prepare a framework for the digital currency , even if they bring in heavy regulations , it will be difficult to completely eradicate BTC from the web.

Very very difficult to regulate but comparatively easy for techies to escape from the eyes of the regulators. And since BTC is not uniform every exchange reflects different prices , there are chances that it could be manipulated , bears or bulls , they may be able to find a loophole.

But even if they do that , the strong and loyal BTC community can counter it and ensure that the gap is filled. I strongly feel that BTC is here to stay,there will be ups and downs , but with time BTC is going to evolve and mature into a stable currency. Bitcoin Bulls are also strong hands who invested a lot in Bitcoin mining data centres, tech startups etc. They will protect the higher prices with everything they can. They hold majority of coins and there is a lot of skin in the game for them to withstand.

Shorters to has to be big players to withstand a short squeeze or need to be insiders who can liquidate who huge cryptocurrency positions ahead of a short trade in futures. They called it Tulipmania. People got wiped out. And this is the tulip scene from the movie. I think the principle reason that what satoshi nakamoto wanted to prove through BITCOIN is coming real to full form through such missing link.

Now futures will help bring in more believe and serious attention of people into open economy concepts like LINUX. But I see a fundamental flaw in this move… or at least my understanding of this domain. Think of a stock and its futures, say Infy in the spot market and Infy in Futures markets.

Here the underlying is the same as its futures, and the trading of both these financial assets are regulated by the same regulator. But this is not the case wrt Bitcoins. The bitcoin as an asset class is completely unregulated and this is by design. Wont this create a huge spread in prices? A price correction and search for better valuations could bring in this normalcy, if at all. I believe bitcoin will go much higher from this price because many international companies using bit funds as reserve money for emergency situation and many more will follow the path.

If price raise in initial days the retail investors will put huge money in the market just like what happened with Amazon bubble. Bitcoin price will be get stable at some price but it will take some time i guess at least 1 year. There few other currencies which are coming up with more efficient technologies will surely kill this bitcoin trend.

The bitcoin hysteria will continue to rage for sometime. I am optimistic and quiet sure it has not topped off and can be bought on declines. Till crypto currencies comes into the mainstream where ppl are buying everyday products using cryptocurrencies we will see bulls investing. Whether we go that far… who knows. But the bull run for bitcoins and current market conditions are favourable.

So far bitcoin has been very volatile - introducing futures will add stability. I believe there will be some stability from now on, all these days Bitcoin trading was happening in the somewhat grey market, introducing it on exchanges will bring in more regulatory framework around it, but having said that my personal opinion is that it will not stop its bull run and will continue to move up because of its reputation and growing interest of investors into cryptocurrencies, Etherium is an another cryptocurrency to watch out for which is building a whole new project on blockchain technology.

The bears will come and tear down bitcoins to bits. I feel smart about staying away. Only time will tell. One thing is for sure , the introduction of futures will definitely attract the attention of more institutional investers. As a result market cap and the price will jump up in the near future , but will it be able to sustain itself is the question.

There are chances that there will be a correction after that. However , one thing is certain , BTC is here to stay, Another thing interesting to watch out here is how will the world governments react to it SEBI and RBI have already joined hands to to study and prepare a framework for the digital currency , even if they bring in heavy regulations , it will be difficult to completely eradicate BTC from the web.

Very very difficult to regulate but comparatively easy for techies to escape from the eyes of the regulators. And since BTC is not uniform every exchange reflects different prices , there are chances that it could be manipulated , bears or bulls , they may be able to find a loophole.

But even if they do that , the strong and loyal BTC community can counter it and ensure that the gap is filled. I strongly feel that BTC is here to stay,there will be ups and downs , but with time BTC is going to evolve and mature into a stable currency. Bitcoin Bulls are also strong hands who invested a lot in Bitcoin mining data centres, tech startups etc. They will protect the higher prices with everything they can. They hold majority of coins and there is a lot of skin in the game for them to withstand.

Shorters to has to be big players to withstand a short squeeze or need to be insiders who can liquidate who huge cryptocurrency positions ahead of a short trade in futures.