Careful.
Smoothie carefully said "would touch $5000 before..."
Meaning it could hit $5,000 for five minutes sometime in the next 10 months then skydive to $200 for the entire rest of the year
Technically...
As for mainstream copying Bitcoins functionality easily and outdoing it ... lets just be thankful that every day that passes, builds more power into Bitcoin being "the one" even if the Govt makes a copy later.
Every day that goes by: more name recognition, more adoption, more businesses building their operations around Bitcoin specifically, more infrastructure being formed around Bitcoin.
If that goes on long enough, by the time the Govt/Banks create a clone for their systems, it won't matter.
-B-
lol Yes and pigs fly for 0.0000001 seconds when they jump.
Over the next 10 months I can see the price touching $5000 but I doubt it would go to $200 shortly thereafter.
I would think they'd fly a bit longer than that... And when they suit up and get in helicopters. Oh, wait, you meant actual pigs. Or did you
Anyway, on a slightly more serious note, do you base your prediction on anything in particular, or just guts? FWIW, I think you'll likely be right, based on trends I'm watching AND my gut. Just not willing to commit like you did
It's hard to explain why I made the prediction(s) I made.
I'm not always right but seems like I've been quite right recently.
Once you get a "pulse" on a market you keep up to date on it and then you own it.
Others who have done well will say the same thing. A lot of it has to do with gauging sentiment and that is not a straight forward metric to be put into a simple explanation.