Guy saw 2018 Bitcoin Dump Now Sees HUGE Target
Trader who called bitcoin's 84% decline in 2018 now sees $50,000 price target not bad right.
Lets see how this goes.
Markets
Most of those vols are fake thought and even though BitForex is on my bitcoin exchanges registration no documents list u doubt vol on this pair is real.
Places i trade for altcoins or USDT etc are:
- Binance - the obvious top vol exchange, has STEEM
- BiBox - amazing China exchange, i think its gonna be the next hot thing
- KuCoin - similar to the other two with NEO and ETH pairs
- CoinExchange - many ETH tokens and anon coins like ZEC XZC EXCL
- COSS - many deals on ETH tokens for arbitrages
- BitMex - Leverage trading of BTC, EOS and many others, superb liquidity
- SimpleFX - Margin trading of stocks, forex and cryptocurrency
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Awesome, going $50k is possible. Not 100% sure but very likely to happen.
Fingers and toes crossed. Financial freedom pls.
I feel like he’s underestimating altcoins. Bitcoin is great but it is slowly losing to altcoins and I’m guessing this will hinder it going too high
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Yeah. Either way, if bitcoin hits $50k, imagine what Steem will do... $1k+?
There would be some smiles 'round these parts!
I feel like $1,000 is too high to be possible in the next few years. $1,000 steem would mean a market cap of roughly three hundred billion. At $10 to $100 we’d have a market cap of roughly three to thirty billion which I think is pretty reasonable and would still leave most of us pretty happy.
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Very good point.
And yes, much happiness.
Well, technically speaking we can imagine that if bitcoin hits a new ATH, Steem can for a couple of days be at 50-100 usd and then crash. But at the same time the emition ratio, I think it's more probable that SBD hit a double or triple digit at the same time before than Steem.
But hey, we need to keep the things moving, creating, helping in projects, we are a community and we can change a lot of things over here to improve adoption rates.
I am expecting $100k bitcoin prices this year.
I also do not expect to be able to get out into cash at that price, but trading bitcoin for homes, property, cars... will be easy
I am expecting $100k bitcoin prices this year.
I also do not expect to be able to get out into cash at that price, but trading bitcoin for homes, property, cars... will be easy
How so? 🤔
You find someone with a house, property or a car you want, and you say, how much bitcoin do you want for that.
At $100,000 bitcoin, lots of people will be all happy to get some of that stuff.
So, you get them set up with a wallet and you transfer them some bitcoin, then drive off in your new (to you) car.
So still, where the part:
?
Legitimate exchanges are only getting better and better. I can get any of my crypto in CAD in my bank account within hours.
So I’m curious on the rationale for this specific point of yours...?
Are you aware that there have been ATM companies that have shut down because they can't get enough cash to stock their machines?
Kinda like that, but on a bigger scale.
The gateway between bank accounts and exchanges is not that big, it seems ok now, because none of us use BIG BUCKS, however, when you want house price sized transfers, you will find that the exchanges can't handle it.
It will show itself to be a tiny funnel.
Further, you may not realize that not much money exists.
Sure, there is lots of bank account numbers, but no real cash.
So, a bank can give you a loan to buy a house (because that is just making up numbers) but they can give you enough money to buy a house.
50,000 is totally possible within the next 500 days. There are so many big player coins that are going to be halved and changed that there is no reason why we should not hit this and then some.
Ye, I agree, it is probably the target we are going to reach, I was pointing to $42K, but considering that $50K is a more visually attractive number, I can only agree.
I don't really know if 50'000 USD is possible to reach. I think is still too early to predict that price. But i agree that Bitcoin is in the uptrend.
It's not that Bitcoin is going to reach that price, the US Dollar is going to collapse.
Peter and Haejin, I love those guys.