Will Ethereum go to $5000?
Well, Its speculative.
It could, the next drivers are the secondary layers. The social layers will drive us to mass adoption. Not tech.
Thank you for joining the journey.
It could, the next drivers are the secondary layers. The social layers will drive us to mass adoption. Not tech.
Thank you for joining the journey.
I'm amateur about cryptos (more or less we all are), but got opinion cryptos reached peak few months ago because banks bought most of cryptos and they have been selling last few months. Was peak was mostly because of that I don't know. If that was the case we won't see another peak soon.
Absolutely not the case, This is a baby market.
I hope so...
Crypto is being regulated. By just having that around itself, cryptocurrency will bloom without point of return (some, not all to be honest), once when the storm is done. Look example MTL currency. Someone just topped 3000 BTC into the market, while everything is down making peak of 60% over night, hitting for 120% probably. Everything what you said is true, when we talk only about Bitcoin. He had his peak for now.
Again compare to the 5 trillion dolalr national movement of the tech industry, we aint seen nothing in a peak yet!
Quite true. Then porn industry, oil industry, real estates selling over the blockchain using smart contracts... Wait for mainstream use. There will be peaks we can't even calculate yet. At least i can't, i do agree 100% with you @thearcanebear! It's also very nice to see that someone knows HOW IMPORTANT is ENTIRE history of trading through time, so we can understand and predict crypto more. Markets were always created by same creators... People who trade.
To the question in your title, my Magic 8-Ball says:
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For future viewers: price of bitcoin at the moment of posting is 8524.90USD
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It is not a matter of if, it is a matter of when.
We are in hyperinflation. Currently it is flowing into assets.
Further, as you say, we have a lot of people coming into cryptos.
Going from 2% to 12% over these next two years.
The forces state that bitcoin is going to $1,000,000 by 2020.
And there may be more, unknown, forces that push it higher faster.