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Weak hands need to be shaken out before we make new high.
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15-20M is less than 1% of his wealth. Should view it as toy money rather than serious investment.
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Will probably see 25k next year if not by year end.
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Can bitcoin drop to $3000?
There were many 80-90% correction over the past years. And more than a few 50% correction and rebound this year alone. |
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Think we may have hit the greed phase if not delusion phase.
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10K very possible! Seeing the trend of bitcoin in the market it looks likes 10K can be achieve 3 to 4 months from now. The higher bitcoins price is the better. Lets hope for the best in the world of cryptocurrencies. #Bitcoin to the moon  3 months ago I would say no, not until 2019, but seeing the last rise i expect the unexpected. Even getting to 8k means a tremendous x8 in just 1 year. WHich means btc is getting towards it's goal. Adoption on a very broad scale. Let's see what happens after the fork and when the BTC ETF of CME is active... All that wall-street money can start making us drool. Dangerous though for a small bubble, but just a small on BTC marketcap is far too low for a big bubble to burst now! I'm guessing it will reach $25k in 2018, but of course I have no detailed proof. Just my guts as all this positive news keeps developing day by day! Bitcoin could be the 1st trillion dollar asset assuming governments (all over the world especially US) don't ban it first. |
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More likely scenario would be there will be more "specialized coin" geared toward different industries.
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People who actually spend bitcoin on payment are tiny. Doubt Amazon will go after small market.
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John macafee tweeted last month that bitcoin will hit 500,000$ in next 2 to 3 years whats your opinion about that? are u seeing this or not??
He is shilling his position like everyone else. |
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Some old timers are looking to buy more at around 2000.
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Weak hand got shaken out when price hit 4000. Who ever remain holding coin have strong conviction.
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I know y'all have seen this diagram before, and with BTC just crossing $3,800 as I type, where do you think we are in the bubble?  Aw man so cuz I'm a noob it won't post the image... Oh well. Its basically that "main stages of a bubble" chart. Which crypto most definitely is in. But are we just beginning the true ascent, or have we reached the peak? Thoughts? We are still in early stage of media attention. |
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There doesn't have to be a "good" reason as it's just the marginal buyer and seller that sets the latest trade price.
Keen observation. It doesn't take much for price to go up/down a lot . |
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Block-chain tech in general should still have a decade of high growth ahead.
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Once scaling issue has been solved, who know how high the price will go.
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Why stop at 1M, why not 1B?
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Lots of carry trade to be found in crypto currency
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Poll result is depressing.
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