Will bitcoin rise or fall?

in #bitcoin5 years ago

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In my opinion, Bitcoin is amazing value at US$1500 per Bitcoin.

At that level, Bitcoin matches the value of an ounce of gold.

However, Bitcoin is more scarce than Gold as an asset and it therefore has the potential to be much higher value.

Some people believe, that based on consistent RISES and FALLS by percentage, that Bitcoin will bounce back later this year or early 2018 to as high as US$91,000 per bitcoin.

Will that happen?

No one can predict.

Will Bitcoin crash further?

No one can predict.

What is the worse case scenario?

Levelling out at US$3000.

What is the best case scenario?

Levelling out at US$75,000.

What is the most likely scenario?

Rising to US$25,000.

When will this happen?

Within 3 to 6 months.

Why is that likely?

LIGHTNING NETWORK.

CONSUMER LOW COST TRANSACTIONAL USE.

REGULATION STABILISING ASSET CLASS INVESTMENT.

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Hi, one more time thx for engaging with my post lately.

I noticed that we both share similar passion towards cryptocurrencies and blockchain technology :)
I just had a chance to look at your profile again and I noticed that you have very little steem power.

Im myself quite new in steemit community but I realized that there are few things you could do to have a better start:
Mostly I invested a little bit in STEEM in order to purchase STEEM POWER and STEEM DOLLARS. Why? It's simply important. Without initial investment it will be very hard for you to build reach here and be noticed.

Also it's worth to have a look at those 2 usefull tools: steembottracker.com and steemvoter.com

If you will reply to this message (that would allow me to believe that we may develop mutual engagement and help each other) then I will upvote your post and follow you as well.

Cheers, Piotr

Thanks for the tip. I started using this format only a week or two ago.

Thx for your reply :) I really appreciate.

format? what do you mean?

Since you replied and just like I promissed: I will follow you now and I hope to see more good content on your profile.

If you would ever have any questions or simply would like to keep in touch then please dont hestitate to write to me. My email: [email protected]
I will be more than happy to share/exchange my knowledge and experience (of course within my limited knowledge and time)

And believe me, it's really hard to start without powering up your account on steemit. It's pretty much first thing you need to do if you're thinking about building reach here.

Cheers, Piotr

I hope I will not bore you to death. But since you really have little steem power and I believe this powering up is first step all content builders should consider I would like to stress out how important it is.

At the end of the day "EVERY UPVOTE COUNTS" only if we actually have some steep power (which reflect in our vote value).

I figured that you may not ever know what steem power and steem dollar is and how to use it on steemit for your own benefit. Perhaps you do know it already.

Anyway check out this article (not mine, but very well written):
https://steemit.com/steem/@kevinwong/why-should-you-consider-accumulating-steem-power

Also if this is not enough then another good explanation can be found here: https://99bitcoins.com/making-money-with-steemit-steem-dollars-and-steem-power-explained/

You can find loads of good material also you youtube.

Let me underline why in my opinion it is important to power up your "steem power". At the beginning you will start your adventure on steemit as so called "minnows". Which simply means that you are "nobody". That's how I see it.
Most of those who invested into steem power are helping (SP) also those who have some SP and they help and benefit each other by upvoting their own posts.
If you have no steem power then your upvote has absolutely no value which make things more difficult, as many bigger players only will not treat you seriously.
That's anyway my own impression here so far.

Cheers, Piotr

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