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Bitcoin's proven volatility means it is difficult to predict whether the current trend will continue, however, Cary believes that it will keep in rising in the long term. "Exponential technologies have incredible impacts on our society," Cary said. "They reimagine the world in ways that inspire and surprise us.When will bitcoin go up?
Bitcoin price and the cryptocurrency market at large is in a state of transformation and many new ICO’s will be entering the market providing solutions to the biggest problems. It’s foreseeable the rise in Bitcoin and market capitalization will start to increase when many of these new projects go live — mid to late 2018.Why is BTC dropping?
BTC dropped because of the hack on the Bitfinex exchange, it appears that the hackers dumped a bunch of Bitcoin and crashed the prices. ETH appears to have fallen because more people decided to switch their hashing power to ETC due to the debacle around the DAO hack and the subsequent hard fork...