Recently, the pro-crypto forecasters are predicting numbers that defy gravity. It's not uncommon to see a prognosticator on TV describing why they believe Bitcoin is destined to hit anywhere between $250,000 and $500,000 per coin over the next two decades.
At $500,000, the coin would need to increase more that 6000% from it's present levels. The amounts are mind-boggling. If you want to get more info about crypto currency you may visit http://www.cvm.media.
On the other side of the fence, we find the naysayers. There is loads of well-respected financial analyst that aren't afraid to warn people about the investment bubble.
Some even admit that crypto-currencies might still have some play left in them, but sooner or later, the bubble will burst, and folks are going to get hurt. To drive home their point, they simply need to reflect about the IPO bubble of 2001.
The Technical Hurdles
The crypto-currency revolution remains in its infancy. As such, most coins, Bitcoin included, are trading without historical indicators to assist investors.
It's a completely free marketplace in the purest type. Regrettably, free market trading is susceptible to influence from all instructions. Therein lies the rub for crypto-currency investors. With no history to fall back, investors have to make decisions based on their stomach.
The obstacles that complicate the decision-making procedure for Bitcoin investors are plenty. The coin is always prone to the technical aspects of trading.
The exponential growth in cost is being driven by high demand and scarce item. However, investors get a little antsy when the cost increases too much, too fast.