According to the correlation between Bitcoin Mining Complexity and Bitcoin Price, the 50.000 $ level may be justified.
The final chart shows the amount of search activity on Google for the term "How Do I Buy Bitcoin" - and it just goes to show... depending on your opinion, how much of a mania it is or how viral the adoption is becoming!
Best regards,
Wont it be profitable to convert crypto into some currency with lower market capacity????????? bitcoins are making so mucg progress right now all for what coz it has only 21 million market cap max... if u invest into something into even lower market cap then today or tomorrow u can make way more money...plus bitcoin mining is becomng so expensive now that unfortunately people will lose interest i think investing into btc wont be the best option u hv right nw
If you are looking for 50x invesments maybe it's better to pick up some good ICOs but bitcoin and ethereum should be in your crypto-portfolio.
well i personally like ethereum but i readdly dnt think it has potential to grow that much...plus today i lost my interest in bitcoins also...i was mining on nicehash miner it crashed yesterday i thought it was just temparary isse but i heard the news now its all gone my 800k satoshi all disappered
Sure thing! Mining complexity never lies. Ethereum will rise also with all these ICOs.
I absolutely agree with you, ethereum will be the next to get the moon ;-)
To the moon and after... Saturn :-)
no one can stop bitcoin.