Bitcoin going going gone?
So bitcoin was up to $1799.90 at 8am this morning, pacific time. So i wanted to create a post highlighting peoples views on where can and will it go.
Investors Joining In
Recent CNBC report
99bitcoins.com
Coindesk
Interesting Precition Chart
Keep in mind some of these articles are from a year ago. It is interesting to see how they have held up. One thing I feel is an almost guarantee is that a large majority of altcoins, possibly bitcoin included, will flop. They say don't keep all of your eggs in one basket. I believe this is very true in this situation.
I worry about bitcoin because of the scale ability. It is getting very slow to process transactions. Hopefully they will fork it or something at some point. One possibility i heard was that bitcoin may end up being used for larger transactions where an altcoin, something like Eth, will be used for the daily transactions of the future.
What are your predictions and thoughts?
I hope they don't hardfork Bitcoin. Then there will be two versions, the original BTC and (the altcoin) BTU. I think that will be a nightmare for Bitcoin.
I hope the community will figure out what is best.