Bitcoin: Where are you going?

in #bitcoin6 years ago (edited)

Everybody is waiting a return Bitcoin... Is that possible?


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During 2018, the price of bitcoin experienced three major falls:

February 7 (19 900 to 6 100, cca 69%),

April 10 (12,000 to 6,400, about 46%),

and May 25 (10,000 to 7,200, approximately 28%).


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This is an approximation ..


No technical analysis has foreseen anything like that.

  • Some are have bet on Bitcoin 31.12.2018.,

yes will be $ 50,000 ( in $ 1 000 000 ).
( futures options )
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  • In July 2017, McAfee went ahead and bravely stated that he was ready to invest his name up to $ 10 million on the bet that Bitcoin's price would exceed $ 500,000 within three years

or "I will eat my d ** k on national television".


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When Bitcoin jumped to $ 11,000, he said:

"When I predicted Bitcoin at $ 500,000 by the end of 2020, I used a $ 5,000 model at the end of 2017.
BTC accelerated much faster than my model assumptions.

Now I forecast Bitcoin to $ 1 million by the end of 2020.

I will still eat my d ** if it is not wrong. "

  • I can not forget the brothers Winklewous who said they did not think about selling under $ 380,000 / btc ( they have "very much Btc" in their portfolio).


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They have realy invested $ 11.5 milion ( in 2-3 years ). When Bitcoin was $ 19,000 (12/2017), their portfolio was worth $ 1.6 billion.


And Bitcoin is "where it is". What is happening?


This is an equation with lots of unknowns.


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Here's some important ( unknowns ):


  • What does Satoshi think?


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Satoshi Nacamoto has about 1,000,000 Btc.

Until recently, MtGox has acted on Market place with the sales of 40 000 BTC ...

Satoshi Nakamoto is 247 the richest person in the world.
The richest "on paper".
What would happen if is he wanted to "solve all his Bitcoins"?


  • What do big investors think?


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Bitcoin has cca 100 major Bitcoin addresse. If all are equal, each has 100,000 Btc. If only one wants to leave the game, the market will feel it..


  • What do the decision makers think?


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In which direction will to go "regulation of crypto business"..


  • What do small investors think?


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Small investors want to believe that the story ( growth ) can be repeated.

  • What about "Altcoins"?


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Everything are
more specialized,
they are all safer,
faster transactions,
anonymity of the transaction,
price transaction low.


When everything is taken into account, how to Answer What is Bitcoin's Fate?


I think he could help most:

Nostradamus, Grandmother Vanga etc.


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And for the End

One thing is certain: Bitcoin is not a fraud.What is the value of money. Acceptance at by people.

Many Bitcoin critics say there is no "cover"!!!!

That's funny.

What does it mean cover "in today's times" ...Gold...Statistical data on "gross national income" ...
Statistics and there is that the ruling class can speak "fairytaleses"..
And we have to listen to because we can not "check stories".
That is the statistics (in most states)!
As well as "regime media".

Bitcoin can not be used to pay 1 coffee, but as a value I do not see his opponent.

Bitcoin - digital gold. Why not?

How many Gold do have on Earth? Nobody knows!!!

How many Bitcoins Will Be - 21 000 000 !!!( at year 2 140 )

The easier it is to manipulate - the gold ( What is proof ?) or Bitcoin - no transaction can be without consensus.

I think it will be the future of Bitcoin as digital gold.


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Now all Altcoini are Bitcoin's children.
But as and in real life, they will grow up and leave their parents.

Then will beginn Fun for the investors.

I think so.

What you do think you?

Sort:  

You have a minor misspelling in the following sentence:

### They have realy invested $ 11.
It should be really instead of realy.

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