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Bitcoin hit above $50,000: What's your thought on cryptos?
Post to win 88 points! After 3 months of struggle, bitcoin hit back above US$50,000 on Monday, rising more than 70% from the six-month lows Show More
Post to win 88 points!
After 3 months of struggle, bitcoin hit back above US$50,000 on Monday, rising more than 70% from the six-month lows below US$29,000 in June. Considering the US$65,000 record high it achieved in April, bitcoin still has a long way to go.
On the one hand, due to the high volatility, cryptocurrencies are considered to be speculator's feast. On the other hand, cryptocurrencies have created an endless fortune for those who have deep faith.
What's your thought on cryptos? Would cryptos go all the way up or drop down to earth? Leave your comments below to win 88 points (at least 20 words to qualify).
Duration: Aug 23 - Aug 30 23:59 ET
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