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Did You Invest In The Arbidex ($ABX) Altcoin As It Goes On Bull Run? Is Our Bitcoin Price Prediction Above $7,000 For 2018? Recently, Bitcoin has been in the mainstream news. Last night, CNBC featured a Bitcoin: Boom or Bust starring Mellissa Lee as the host. The touched on some good and bad things about Bitcoins and other cryptocurrencies. Above all, we saw The Justin AKA Crypto Kid And Roger Ver AKA The Bitcoin Jesus (CEO Bitcoin.com)discuss how he wants to see the world a more peaceful place and he allegedly thinks that Blockchain Technology will decentralize governments, which will bring peace. Do you believe that, or are you just looking to make money trading cryptocurrencies? Justin, AKA The Crypto Kid made a strong statement buy allegedly saying “HODL” Or Traders Are “Traitors”. Take a look at the CNBC featured a Bitcoin: Boom or Bust starring Mellissa Lee, Justin AKA Crypto Kid And Roger Ver AKA The Bitcoin Jesus (CEO Bitcoin.com) below.
Well, this is very hard to say. With the Bitcoin dominance only around fifty percent, the Bitcoin Army feels that the price of the Arbidex ($ABX) altcoin would have surged anyway. Above all, this is a recent Initial Coin Offering, which usually has a temporary effect that increases the altcoins price. However, we see cryptocurrencies run well over one hundred percent in one day. Arbidex ($ABX), in contrast, has only increased 48.98% on the last day. Currently, Arbidex is trading at $0.055612 and has a twenty-four-hour volume listed at $208,754.
Indeed, $208,754 is a decent amount of volume. However, in the past twenty-four hours Thingschain ($TIC) has had $2,399,550 in volume. Above all, this volume pushes the altcoin price up to $0.000490 or 46.33%. Furthermore, this is a much larger amount of volume and may indicate a bigger run in the next few days. However, it is imperative to be cautious as ICO’s are extremely risky. Moreover, the ArmyOfBitcoin.com is not the biggest fan of ICO’s. Don’t get us wrong, there are some great Initial Coin Offerings. However, there are more scams than legitimate Initial Coin Offerings.
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Indeed, will the Price Of Bitcoin continue to run about seven thousand dollars? Most importantly, it is important to understand that we are currently in a bear market. That said, the number of people shorting Bitcoin has decreased significantly. Many top cryptocurrency analysts like Tom Lee and Roger Ver allegedly see Bitcoin over twenty thousand dollars by the end of 2018.
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