RATE Group | Bitcoin Buoyed By Free Marketing, Will BTC Prices Double By 2020?
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Bitcoin Buoyed By Free Marketing, Will BTC Prices Double By 2020?

20 Jul Bitcoin Buoyed By Free Marketing, Will BTC Prices Double By 2020?

Posted at 17:36h in Bitcoin News by

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  • Bitcoin (BTC) consolidating below $11,200
  • Iranians turning to Bitcoin

Despite deliberate attacks from politicians, Bitcoin as an innovation is an “unstoppable force”. Fearing the unknown, they are unknowingly marketing BTC as an alternative. For now, BTC is steady, but bears are firmly in control.

Bitcoin Price Analysis

Fundamentals

Cryptocurrency investors and traders are in the space to make money, then later for the technology. At least that is what statistics reveal. Bitcoin may be the first of its kind -and a genuinely successful digital asset that continues to transform lives.

Since the ledger that underpins Bitcoin is immutable and secured by a swarm of supporters across different geographical locations, its network is highly reliable as well as robust. Besides, because of mathematics, there is no need for trust.

As a result, there is low latency and costs. Because of this and more, analysts argue, Bitcoin is a real threat to fiat including the dominant of them all, the USD….

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