I like your "distanced" point of view, and agree that we are still a ways off. Okay, so Bitcoin was released in 2009, and 10 years added on to that would put us into 2019 . . . hummm.
My Fib work suggests $36,000 or so for the Big One (this is the first time I've shared that in public BTW) and 2019 would be a very suitable time frame based on my work as well.
I like that GS prediction on this cycle too. Mine is a little higher, $5,200ish, but we're in the same ballpark. 😄
Good post. Thanks!
Thanks for you detailed analysis, i think too that segwit activation this summer could send BTC near 4 to 5k$.
Ecosystem evolve very quickly around bitcoin, once scaling debate is over we might attack the 10k$ barrier in 2018.
I guess, 36k$ in 2019 is a real possibility. Nice read :)