Predictions?
>inb4 10K before the end of the year.
Predictions?
Lucas Miller
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Dylan Clark
10k by November 14th
Brody Martin
Between 5 - 6K
Easton Reyes
8k by end of year
Mason Ortiz
Down to 3.5k during the next week, after that slow but steady ascend to 5.5k
Jose Wright
...
Zachary Nelson
i don't think the bubble can last until segwit2x fork. it's a month and a half away... which is an eternity in crypto.
it's going to be a slow bleed down after an initial -20% correction. most investors are grossly misinformed about the lightning network and scalability.
to the hodlers: beanie babies had limited supply too. bitcoin's price grows with network usage and that's capped because of the 1 mb limit. this limit has caused usage to move to alts so we should really be looking at total crypto market cap and not just the legacy chain.
the crypto bubble hasn't even started but the bitcoin bubble is basically over. segit2x hype might delay the crash a bit but it won't cause it to reach an ath or anything.
Liam Thompson
my actual price predictions for btc will make most btc holds laugh because it would sound so ridiculous to them. not sure i should even bother trying to explain how prices rise and fall due to underlying fundamentals and the technicals are a reaction/psychology, not a driving force.
i guess i'll give it a shot.
eventually eth will flip btc. it will happen some day. maybe in 10 years, but it'll happen. this will be so cataclysmic for bitcoin that there's really no recovery. million dollar bitcoins will never happen. even without smart contracts and the need for them by ibm/microsoft to solve "the internet of things" problems regarding game theory, eth just scales better than btc as a currency. so there is no long term future for bitcoin: you're going to have to sell in the short term if you want to ever sell at all.
now, people think btc will rise after the fork because it did with bch as people sell the alt coins (btc1) to buy more btc. that is a fundamental axiom that hodlers will NEVER let go of in their minds no matter how wrong it is. you can talk to them all day about replay protection and they won't care so there's no point. everyone else who's just flipping this bubble will shit all over them.
my price for btc in december is $250 to $350. the price again is so ridiculous that hodlers will just laugh. so again there's no point.
just have to wait a few months and see, i guess.
Nathan Powell
source: my gut
Christian Rogers
2500 sometime before the end of the year. Not even fudding i really think this