The crypto market looks pretty mixed today, and the most important coin is trading in the red at the moment of writing this article.
Bitcoin (BTC) is priced at $7,154.38.
Bitcoin’s huge boom was reportedly just a warm-up
Jack Dorsey’s Square Crypto says Bitcoin is getting started after the epic performance over the past ten years.
The most important crypto soared by 9,000,000% over the past ten years, and it left all crypto assets back, according to the Daily Hodl.
The Bitcoin-focused division of the publicly traded mobile payments company Square says we’re still in the early days for BTC.
Dorsey says he thinks that Bitcoin has a chance of becoming the native digital asset of the Internet.
The tweet received a lot of support on Twitter in the comments section.
This decade was bitcoin just warming up.
— Spiral (@spiralbtc) January 1, 2020
For instance, someone said: “The world still doesn’t know what Bitcoin is and that it is The Best form of money we’ve ever seen.”
Another follower posted: “Like the first decade of the internet, in the second decade all the normies came.”
Someone else said: “Eh. Not really warming up in terms of % gains if that’s what you focus on. We will not see 9 million percent returns from bitcoin anymore. However, I agree the technology and it’s usefulness will only become more widely accepted.”
Optimistic 2020 predictions
Despite the huge volatility of the crypto market, there are all kinds of optimistic BTC-predictions popping up in the crypto space.
For instance, the CEO of crypto investment Galaxy Digital said that he’s expecting BTC to rally at least 61% in 2020.
Mike Novogratz says he believes BTC will end the new year above $12,000.
The crypto space was shattered by a move that YouTube made at the end of 2019 when a lot of important crypto accounts on YouTube were hit and videos were taken down.
Also, Google made a move against the crypto industry and suspended MetaMask from the store.
Anyway, crypto enthusiasts are optimistic at the beginning of 2020.