Predictions of the cost of bitcoin

Bitcoin fell again below $ 7,000

The cost of bitcoin continues to fall. So, last Saturday, August 4, the price fell below $ 7000. This cost was last at bitkoin on July 18th. For a day, bitcoin lost 6.5% of the cost, and a week - 14%.

But of the top ten CoinMarketCap most of all lost the cryptocurrency Stellar and IOTA. Only for a day their cost has decreased by 8,5%.

The only asset that showed growth, not drop - Ethereum Classic. At the moment it is on the 14th place. Experts are sure that this is due to the upcoming addition of CCP to Coinbase.

Goldman Sachs: the price of bitcoin will continue to fall

Banking giant Goldman Sachs published a report according to which the cost of bitcoin will continue to fall. But analysts are confident that this event will not affect the global financial system. All because the market capitalization of the сryptocurrency is still not large enough (it is only 0.3%)

The authors of the report are confident that the value of the cryptocurrency will continue to decline, because they do not meet the required characteristics.

Also representatives of Goldman Sachs believe that the public's close attention to the crypto industry is not justified.

In the organization the position of the organization was perceived with a big share of sarcasm. For example, the developer of Bitcoin Core Peter Todd joked:

"We have moved even further than I thought! 0.3% of world GDP. "

He also expressed confidence that the material from Goldman Sachs was published exclusively to attract attention.

But, despite everything, the representatives of the bank earlier stated that they want to launch the bitcoin futures trading service. Also, the new CEO David Solomon said that in the future, calculations on futures in the bank will be held in bitcoins.

He also shared information about the creation of services for working with cryptoassets within the bank.

Opinion: this year bitcoin will no longer conquer new peaks

Tour Demester, an economist and cryptocurrency investor, believes that this year bitcoin will no longer grow. But he is sure that the cost will increase in the future.

Demester is convinced that 2018 will be a shock to the industry of cryptocurrencies, because the market constantly appears asymmetric information about altcoins, and also gradually exacerbating infrastructure problems.

Since the beginning of the year, the hashtot of bitcoin-network has grown 3 times. And this suggests that the mining devices have become more efficient, and not that the number of miners has increased. Now, miners are the biggest sellers of bitcoin, Tur Demestester is sure.

The Gallup report says that in the near future only 0.5% of investors are ready to purchase bitcoin. Demester is confident that the impressive growth of bitcoin, which the whole world observed in 2017, began two years earlier. And now the market needs to rest after such a jump in the value of the first currency.

He also believes that bitcoin-ETF will not be able to appear in 2018, and it will not happen before 2018.

Please, join us:

Token Sale Event (TSE) : https://token.nyigde.com

Marketplaces: https://nyigde.com

White paper RU: http://bit.ly/2wk4xHb

White paper EN: http://bit.ly/2KIMFZl
to
Telegram Chat RU: https://t.me/nyigdechatru

Telegram Chat EN: https://t.me/nyigdechaten

Twitter: https://twitter.com/NyiGde

Facebook: https://www.facebook.com/nyigdeRU