At the beginning of November, the value of Bitcoin exceeded $ 6,000. Starting the week of the month, Bitcoin showed an increase of 20%.
The reason for this increase is very simple. And this is due to the new protocol change (Bitcoin Gold).
Naturally a correction in the price is expected when the change (hard fork) has elapsed.What we can see is that Bitcoin continues to grow and consolidate as the cryptocurrency with the most value in the market.
Despite all the malicious rumors and the ban in certain territories (China), Bitcoin is unstoppable. Its growth can not be questioned.
Regardless of what some countries or territories may do, all regulation will be unfruitful. What some governments have not understood (or perhaps do not want to understand) is that Bitcoin can not be regulated in a traditional way.
Bitcoin is freedom and expansion for any individual. It does not admit border and barriers like FIAT currency. In addition, it opens the financial doors to anyone regardless of their origin, race, or nationality.
The most sensible predictions indicate that by the end of this year it can reach a value even higher than $ 8,000 per currency.
For the time being, the change in the protocol has increased its value. But its progress depends on the massive acceptance that grows daily.
No comments:
Post a Comment