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RE: TA: Bitcoin Correction Is Over, Price Projection 49225$ By May

in #bitcoin7 years ago

I know people who would like to buy more cryptos, but can't, because there are bottle-necks in converting paper to crypto. Banks only let you send so much money. Exchanges only allow so much money. And CCs only allow so much money.

So, right now, even before this next run-up, we are seeing a squeeze on capital flow.
Of course, ways around it are going to be found.

I feel one of the biggest will be exchanging physical property for cryptos.

bitcoin's price will be $40,000 or 1/3rd of a house.