Fakhoury, where are you? G-unit, my dear brother, now I will submit the bullish arsenal, stay tuned
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Wow super bullish news Fakhoury! Predicting $3000 Bitcoin by 2021 and $17,500 by 2025! I like the sounds of that. I better get some more . If only my investments in altcoins would appreciate.... Although I don't like altcoins, but diversification is a must. I like those predictions, what do you think about it bro ? Side note : Try to buy more BTC while you can Honestly I was hoping for a higher price prediction, but that is pretty big. I feel like it's going to be a long bumpy road to 17500 but doable with the current economic issues looming/coming to a boil around the world. We might see that sooner than the predicted dates if... When the storm hits. Me as well, but as time passes, I be less convinced with $100K and $50K within the coming 10 - 15 years tbh. I totally agree that it will be a difficult time for us, but do you see those prices hitting within the coming 10 - 15 years ? I feel both those price points are achievable in that time frame, maybe even sooner if a perfect storm hits economies and people wake up. I have seen forecasts that say there is a .1-1.0% chance we hit a million. I think much of this space needs to be committed to making the tech integratable and easy with the existing devises and tech people are familiar with. Let's face it people are lazy and don't want to take the time to copy a 16bit address, paste it hit send, then wait 10-30min. I think the Lightning network (despite all the crap they get) will do wounders for Bitcoin in the sence that no longer will you need to wait. More of this needs to be developed. Dummify the identity system, find consensus on block size and find a way to integrate what many of these altcoins are using their chains for. We have the most secure and largest network in the world... I really like so much the way you think, all what you said could work as a great catalyst for the "Ultimate Bitcoin". I like the zero-conf. technology and we must work on a solution for the bitcoin address issue. But there is something I'm afraid of, will central banks stay paralyzed while Bitcoin achieving such high numbers ? With more and more countries going digital and cash becoming obsolete, what is the need for central banks? All they do is "print" and "create" debt for society. Them being paralyzed is what needs to happen IMO for Bitcoin to take over and become a central currency for the masses. You forgot about creating "national cryptocurrency" like what is China is going to make soon. Exactly Fakhoury, and none of it is transparent or has any trust behind it like the Bitcoin blockchain. Well said !!
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halving is not priced in, if it does go up due to halving it will be 2 or months after halving. Prices are set on the margin and monetary pricing is always very sticky, i.e. hovering around big numbers for long times and then moving rapidly to next big number 'set-point', due to unit denomination psychology.
I agree with you but if you don't mind, could you please elaborate the bolded part.
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Wow super bullish news Fakhoury! Predicting $3000 Bitcoin by 2021 and $17,500 by 2025! I like the sounds of that. I better get some more . If only my investments in altcoins would appreciate.... Although I don't like altcoins, but diversification is a must. I like those predictions, what do you think about it bro ? Side note : Try to buy more BTC while you can Honestly I was hoping for a higher price prediction, but that is pretty big. I feel like it's going to be a long bumpy road to 17500 but doable with the current economic issues looming/coming to a boil around the world. We might see that sooner than the predicted dates if... When the storm hits. Me as well, but as time passes, I be less convinced with $100K and $50K within the coming 10 - 15 years tbh. I totally agree that it will be a difficult time for us, but do you see those prices hitting within the coming 10 - 15 years ? I feel both those price points are achievable in that time frame, maybe even sooner if a perfect storm hits economies and people wake up. I have seen forecasts that say there is a .1-1.0% chance we hit a million. I think much of this space needs to be committed to making the tech integratable and easy with the existing devises and tech people are familiar with. Let's face it people are lazy and don't want to take the time to copy a 16bit address, paste it hit send, then wait 10-30min. I think the Lightning network (despite all the crap they get) will do wounders for Bitcoin in the sence that no longer will you need to wait. More of this needs to be developed. Dummify the identity system, find consensus on block size and find a way to integrate what many of these altcoins are using their chains for. We have the most secure and largest network in the world... I really like so much the way you think, all what you said could work as a great catalyst for the "Ultimate Bitcoin". I like the zero-conf. technology and we must work on a solution for the bitcoin address issue. But there is something I'm afraid of, will central banks stay paralyzed while Bitcoin achieving such high numbers ? With more and more countries going digital and cash becoming obsolete, what is the need for central banks? All they do is "print" and "create" debt for society. Them being paralyzed is what needs to happen IMO for Bitcoin to take over and become a central currency for the masses. You forgot about creating "national cryptocurrency" like what is China is going to make soon.
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