Bitcoin Train Left The Station? Alt Time?
It's a little crazy today with the Bitcoin hard fork which has created many a heated debate between the camps on both sides of BTC and BCC.
Swings
To be a trader just now can either be very good for you or very bad. There is a lot of money being made right now and a lot of money being lost for some people with the crazy volatility. Swings of hundreds of dollars recently is exciting that's for sure, but it's gave me food for thought.
What's the best route now?
Has the Bitcoin train left the station or is it just making a short stop off before going to the moon. John McAfee predicts in the next three years it will rocket to $500,000.
For those of us who have missed the massive increase in Bitcoin price be it in 2013 or more recently, maybe we should be looking at alt coins more especially when you see how Ethereum blasted off earlier this year.
Which alt coins are you confident about? Ethereum? Litecoin? Monero? NEO? Steem?
$500,000 in the next 3 years? Far too optimistic?
Bitcoin yet to rocket? If so then when? 5 years? 10 years?
BTC or BCC? Which camp do you side on?
if bitcoin went to $500,000 what would it buy you? they dollar would have to fall by so very much and be even more of inflation. a good example is Wiemar Germany
sell 50% bcc instant, keep the other part for later.
John McAfee is going to eat his dick on live TV. I'd say BTC will be fully broke and DASH and ETH will be real winners by mid 2020. Even STEEM has a far better coin bet than BTC. I consider STEEM as a C-list investment and still think it can outperform BTC in the next 3 years with about 70% certainty.