Will 2016 be A Banner Year for Bitcoin?
I have said it many times, but when it comes to financial markets, long term predictions are hard, and in many cases pointless. Markets are forward discounting mechanisms and as such they price in any foreseeable influences. It is therefore the unforeseen, the proverbial bolt out of the blue, that usually ends up being the biggest influence over any given time period. The fact remains though that the New Year is a time for reflection and contemplation of the possibilities ahead, and when it comes to bitcoin the possibilities for 2016 are so intriguing that they are worth pondering.