"Bitcoins most likely will see $120 but only if it passes the $166 resent bottom, but eventually will level off at $400 to $600 for a long while. This will take altcoins to greater highs around 10 to 50x fold."
https://www.youtube.com/watch?v=kPOoF5Cf7TYCurrent UNO price ~ 0.02 BTC x 50 = 1 UNO/BTC
I tell you right now: If they dump it sub 200$ they'll dump it sub 100$ too.
By that time you get one or more btc for 1 uno
Btc wasn't supposed to drop below 300$, let alone be in a 14 months bearmarket (likely ends up with 20 months+)
Who wants such a coin that rises for 2 weeks every 2 to 4 years and then drops to hell? Nobody, that's who.
600$ will be a maximum it can do (and actually sustain) after the halving would be my guess. (just because the inflation) - if people actually buy into it again (not sure they will)
... the Gavin hardfork proposal wasn't particularly good for investors confidence too. If they actually would still attempt to do it, that would lead to lasting damage in PR and lots of chaos as more than one fork would exist which would actuallly be supported and maintained by different people.
So that guy actually has it right: alts are the place to be this year. (Maybe not litecoin though, more like UNO
)
