Bitcoin has been making headlines a lot these days, despite massive volatility. Crypto Twitter is feeling extremely optimistic about Bitcoin these days.
Bitcoin is by far the greatest discovery in human history. It will catapult us into a new era of abundance & cooperation.
Future generations will look back at us and wonder how we survived with the economic & social oppression that occurs today.
The Bitcoin Renaissance is near.
— Dennis Porter (@dennis_porter_) August 1, 2021
Someone said: “I think of it as the digital war on drugs. It’s not going any where. If they fight,it will hyperbitcoinization will be prolonged. Given my understanding of the macro landscape I’m shooting for roughly 15 years before dominance. Even if bitcoin goes into a black market.”
Another commenter posted this: ‘It is going to be very bad for people who don’t have any real stores of value in the near future. People with less will still have less, but by much higher margins. Then governments will roll out the universal basic income. At this point, the average person will be a slave…”
At the moment of writing this article, BTC is trading in the red and the king coin is priced at $39,603.88.
Bitcoin price is still in the range predicted through August
Check out a relevant tweet about Bitcoin’s price that analyst Dave the Wave dropped not too long ago.
Price still in the trading range as predicted through to August [June 28 post above]. Amazingly went straight from the bottom of the range to the top. Your move BTC. pic.twitter.com/3c7KjlRcZf
— dave the wave🌊 (@davthewave) July 31, 2021
Bitcoin has seen a lot of volatility lately, but despite this, the king coin is performing great these days.
Stay tuned for more relevant news, and make sure to keep your eyes on the market.