Tag: price

HODL Bitcoin or Trade Bitcoin – Crypto Adoptees Reveal Preferences

HODLING. When investors purchase cryptocurrency with the intent of deriving long-term price appreciation, the objective is to incrementally increase BTC holdings over time. The thinking behind this methodology is rooted in the demand/supply function. The supply of Bitcoin is limited to 21 million BTC, and there are currently 18,163,812 Bitcoins in circulation, with 86.49% of Bitcoins already issued.  By deduction, steady demand will invariably lead to higher prices when supply …
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Crucial Price Targets to Overcome for 6 Top Currencies

Based on the current overall cryptocurrency momentum, one would expect most of the alternative markets to reach much higher values. So far, that has not been the case, albeit it remains to be seen how things will evolve exactly. The following coins all have a major value milestone looming around the corner. Overcoming these “psychological hurdles” will prove very challenging, although nothing is impossible. Ethereum Targets $350 Again While a …
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Price of Bitcoin Slides Below $8,100 Amid Consensus Woes

This week has marked the duration of the fourth annual Consensus conference, the largest cryptocurrency conference in the world. As attendance more than quadrupled from 2017, to over 9,000 attendees, there was plenty of hype and heavy anticipation of the positive effect Consensus 2018 would have on cryptocurrency markets. Unfortunately, the conclusion of Consesnsus 2018 has not had the positive impact expected. Since local highs from May 15, the global …
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After Tumultuous Monday, Price of Bitcoin Returns Above $8,100

With every green candle in the past two months, cryptocurrency supporters hope the bear trend has ended. However, after each extended period of appreciation, it seems as if an even longer and steeper sea of red is experienced after. Yesterday, technical analysts and spectators alike scratched their heads at Bitcoin’s inexplicable chart. Although the unexpected is the norm throughout cryptocurrency, Monday’s Bitcoin chart sparked a slew of attention on Twitter and …
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