A Lot Of People Getting Down On The Price Of Bitcoin & 2018

So many people down on the price of #bitcoin. If you bought bitcoin this time last year you bought it under $2K.At the current price you'd be ahead by over $5K one year later.

I understand this still sucks if you bought the all time high at around $20K but it certainly puts things in a different perspective on possible future potentials!

Nobody honestly knows if we'll go lower, or when the price will rise but if you do the math, with the exception of a black swan event like a discovered security flaw, or government intervention the price should eventually rise again.

Based on supply and demand, population size and mass adoption. The more people that begin to discover and use bitcoin, the higher the price will eventually rise. There is a limited supply of bitcoin. Nobody can create bitcoin out of thin air.

Following current events and reading the daily headlines, there really seems to be a lot to be bullish about. More and more people are learning about bitcoin and more and more industries are starting to see the true potential of the blockchain. In the greater scheme of things we probably haven't even scratched the surface of either price discovery or future use of this fairly new technology. We are all early adopters!

Disclaimer: Nothing here is meant as financial advice. This is just the opinion of The Dood. I am not a financial adviser and you should seek a duly licensed financial adviser for financial advice not some guy on the internets who refers to himself as The Dood. All posts are meant solely as opinion and entertainment. Thanks for reading.