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Bitcoin Forum / Re: Bitcoin On Retreat?
« on: April 01, 2022, 11:01:58 PM »Government will do more on storing bitcoin than allowing bank exchange, chances are higher for stable coins because it is considered to have lower risk. We are likely to see more hoarding as interested traders and investors in market increases.Bitcoin is just waiting for the right moment to take advantage and we have to be patient.
Bitcoin has a very good and unique advantage because if Bitcoin drops in price then 1 trader can buy more Bitcoins.
If Bitcoin is expensive, it is certain that many new investors will enter to buy Bitcoin and the price will be more expensive and keep repeating itself in the market.
always interesting to discuss about bitcoin..
You're right If bitcoin down, I think investors and trader will buy more bitcoin.
Bitcoin will be more expensive if the government accept bitcoin.
But I saw several opinions about this, because several government still refuse bitcoin and crypto.
I don't think bitcoin on retreat, bitcoin will grow and recover again.