The future of Crypto
Apr 12, 2019 at 12:21
That assumes that BTC continues to be of interest and used / speculated. There are limited number of stocks in General Motors but that does not mean that the price will always rise. If no one has faith in the underlying asset (which is just usage for BTC), then the price will fall - potentially to zero
Member Since Feb 22, 2011
4862 posts
Apr 15, 2019 at 07:25
Yijun posted:
That assumes that BTC continues to be of interest and used / speculated. There are limited number of stocks in General Motors but that does not mean that the price will always rise. If no one has faith in the underlying asset (which is just usage for BTC), then the price will fall - potentially to zero
Well the usage of BTC and altcoins is growing every dat so there is a good base for price increase in future.
Member Since Feb 22, 2011
4862 posts
Apr 15, 2019 at 11:14
Korich posted:Teejy88 posted:
Will head up if the china ban happens.
Is China looking to ban crypto mining? If so, do you have a reliable source that says this may happen
yes china is pondering this ban to prevent :wasting of energy:
Member Since Feb 22, 2011
4862 posts
Apr 16, 2019 at 08:10
Saif59 posted:
Wow that could be huge problem for crypto (I assume). I assume that would cause price to fall? or am I over simplifying it
Not necesarilly.
If China prohibit mining then there will be less BTC generated and price should go up.
Member Since Aug 27, 2017
994 posts
Apr 17, 2019 at 09:52
togr posted:Saif59 posted:
Wow that could be huge problem for crypto (I assume). I assume that would cause price to fall? or am I over simplifying it
Not necesarilly.
If China prohibit mining then there will be less BTC generated and price should go up.
Yes, that’s the assumption. But till now, we need to wait for last conformation on mining news from China.
keeping patience.......
Member Since Feb 22, 2011
4862 posts
Apr 25, 2019 at 10:42
do you know McAfee pronounced that BTC will be $1,000,000 in 2020
otherwise he eats his own penis :)
https://www.reddit.com/r/Bitcoin/comments/8ca0ds/john_mcafee_confirms_he_stands_by_his_million/
otherwise he eats his own penis :)
https://www.reddit.com/r/Bitcoin/comments/8ca0ds/john_mcafee_confirms_he_stands_by_his_million/
Apr 26, 2019 at 08:02
togr posted:
do you know McAfee pronounced that BTC will be $1,000,000 in 2020
otherwise he eats his own penis :)
https://www.reddit.com/r/Bitcoin/comments/8ca0ds/john_mcafee_confirms_he_stands_by_his_million/
Interesting; but not sure on the prediction; because right now the price is around 5K only.
Apr 26, 2019 at 11:31
togr posted:
do you know McAfee pronounced that BTC will be $1,000,000 in 2020
otherwise he eats his own penis :)
https://www.reddit.com/r/Bitcoin/comments/8ca0ds/john_mcafee_confirms_he_stands_by_his_million/
Whatever, it is; 1000000 it really too much! Besides, there have so many predictions from different sources.
Apr 28, 2019 at 09:33
AmDiab posted:togr posted:
do you know McAfee pronounced that BTC will be $1,000,000 in 2020
otherwise he eats his own penis :)
https://www.reddit.com/r/Bitcoin/comments/8ca0ds/john_mcafee_confirms_he_stands_by_his_million/
Whatever, it is; 1000000 it really too much! Besides, there have so many predictions from different sources.
When you are talking about BTC price; there is nothing like too much; I am very much optimistic.
Apr 28, 2019 at 11:37
Anyone can predict what they want, that's all it is, a prediction. The truth is that nobody knows if the price will be $1,000,000 or $1. What I've found over the last couple of years is whatever the masses predict, the opposite usually happens.
Member Since Aug 27, 2017
994 posts
Apr 29, 2019 at 13:45
AmDiab posted:Teejy88 posted:
Bitcoin will never reach the heights some people think, but it will definitely go up in the next year.
So, according to you; which higher level it’ll touch? Around 20K as like 2017?
Hi Am; no one knows the real figure actually! It’s all about prediction!
keeping patience.......
Apr 30, 2019 at 11:13
Adribaasmet posted:Yes it is! And, I believe we shouldn’t take serious those predications; since there is no guarantee at all.AmDiab posted:Teejy88 posted:
Bitcoin will never reach the heights some people think, but it will definitely go up in the next year.
So, according to you; which higher level it’ll touch? Around 20K as like 2017?
Hi Am; no one knows the real figure actually! It’s all about prediction!
Member Since Aug 27, 2017
994 posts
Apr 30, 2019 at 14:08
Whatever; it is! It’s really excited me when I get such kind of big price prediction.
keeping patience.......
