Bitcoin Forum

Hi guys,

I am new here and in cryptocurrency. At the moment i am trying to understand this world and i am figuring out if it would be interesting to invest in some altcoins and if so, in which ones.
I found this article https://www.coinspeaker.com/2017/06/21/formula-illustrates-ethereum-may-number-1-digital-asset-2020-bitcoin-will-fall-third-place/ and i am wondering how you guys think about theformula in this article?

Looking forward to hear your opinions.

No one can exactly predict what will happen in 2020 and every choices have risks, do not trust anyone in this market.

just by reading this title should know that this article is a piece of crap.

Just don't trust everything you read.

Well all articles of this kind are merely opinions of the authors and do not guarantee the correction of these speculations. In an exact manner, no one can predict for sure what is going to happen to an alt after a week let alone after a year or in 2020.

First rules are "never invest what you don't afford to lose" and "never get investment advises from unknown people over the internet".
If you are this new, you better stay around more, read and learn. When you'll start figuring out what's here, then you can get better investment decisions.

I think this equation is wrong. Just look at the first line to see that: "Divide BTC by Gold to get a value". Bitcoin's value has nothing to do with gold. It is fool demand and offer thing. Gold lives its own life. Even fiat nowadays is not backed up by gold. Ethereum is currently having big security problems and lots of shitty projects built on this platform. If in the future it deals with them then it may become as good as bitcoin.

Agreed. Also when the formula states "(ADAGR * n. Years)", this should not be times, it should be to the power (i.e. ^), because you are meant to compound not just times the number of year. You replace that in the formula and Bitcoin becomes $2483. In addition, where he gets the digital asset increase per year is beyond me. It's complete made up shit.

To summarise - in a volatile market, ignore all maths.

Centralized cryptocurrencies will take Bitcoin over, sooner or later. Sad, but impossible to stop them. Just look at the first 200 coins and see that more than 50% of them are centralized. I predict Bitcoin falling to 2nd place on the Market later this year or during the spring or summer of 2018.. and then people will take money out of it. We'll see what SegWit will bring us. If Bitcoin falls, prepare for a historic move: BTC going down to the 2nd place.. I am not sure if ETH will be the coin to replace it, but I'm more than sure that some coin will..

So, anyone knows about the future of ethereum based on its formula? basically the answer is still unknown, but you must remember the competition will be really strict everytime. The ethereum as the only crypto that can bring the interest for a lot of big companies to develop the blockchain. I think bitcoin should offer the more improvement. the battle of the development.

it's really hard to predict on what will happen in  2020 since a lot can happen within the 3 more years. For the article, it appears that the content is a speculation of the author and what he expects in the year 2020