5 Reasons to Explain the Rising Bitcoin Price in 2019

The Merkle | May 12, 2019

5 Reasons to Explain the Rising Bitcoin Price in 2019
No matter how one may want to look at things, Bitcoin’s primary selling point – at least for investors – has not changed in the slightest. It is still a very scarce form of money, albeit a few more BTC have been mined since 2017. With its maximum supply not changing, it is evident the time to get in while Bitcoins are still being mined is slowly slipping through onlookers’ fingers. There will also be a block reward halving next year, which could very well factor in tot he current demand for BTC. FOMO IS STILL A THING
When a financial market moves up or down in an appealing manner, investors will try to get in on the action under any circumstance. In the case of Bitcoin, the latest gains were quite steep, which undoubtedly triggered a lot of FOMO among onlookers, speculators, and traders. Although there is a healthy correction taking place right now, it seems likely the uptrend will be resumed fairly soon. As such, there could be even more FOMO to buy in now that the price has come down to more normal levels for those who missed out earlier in the week. The same applies to the alternative markets, as those too noted very steep gains prior to heading south.

Spotlight

It’s that time of year again. You’re probably also thinking about 2015 and making plans for how you’ll use your 2015 travel budget. With dozens of industry events to choose from, it can be hard to keep track of them all. To help you sort your options and make more informed decisions about which conferences, seminars and expos your financial institution should attend, Deluxe put together the 2015 Must-Attend Banking Events.  Our popular infographic has a new look and highlights twenty of the top events for you to attend in 2015.

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Spotlight

It’s that time of year again. You’re probably also thinking about 2015 and making plans for how you’ll use your 2015 travel budget. With dozens of industry events to choose from, it can be hard to keep track of them all. To help you sort your options and make more informed decisions about which conferences, seminars and expos your financial institution should attend, Deluxe put together the 2015 Must-Attend Banking Events.  Our popular infographic has a new look and highlights twenty of the top events for you to attend in 2015.