Post
Topic
Board Speculation
Re: Bitcoin to 1400
by
BitcoinPanther
on 23/03/2017, 16:08:04 UTC
nice to buy. All targets are same bitcoin to 1430-1480 then sell.
1028 now
could hit in april 18-24.
Do you really think that bitcoin will reach another ATH amidst scaling debate crisis?
It is arguable the biggest problem BTC encountered so far, true, news about split/ hostile hard fork are mostly FUD, but still.
We are lucky that traders/weak hands are not panicking and price is still above $1000.

I agree this current drop is because of the FUD, and indeed lucky that we are still sitting above $1000, though I guess this will take sometime to subdue.  Since eventually people will realize that all of this negative thing is just FUD to shake them of their holdings and sell it in cheap price.

There were bears that said in the past that the 2013 all time high was the highest the price could get, and that bitcoin was a ponzi scheme.

We have proved all of the bears wrong.
How exactly we proved them wrong? Bitcoin is not a ponzi scheme, there is not need to prove that anymore.
Because of limited token amount, and increasing popularity=demand Bitcoin is destined to be worth more and more.

I think this had been explained in t why Bitcoin is not a ponzi scheme.  There are some site that explains why like :
https://cryptohustle.com/why-bitcoin-isnt-a-ponzi-scheme
http://www.ted.com/conversations/23415/bitcoin_is_not_a_ponzi_scheme.html
https://www.reddit.com/r/Bitcoin/comments/57klhg/why_bitcoin_isnt_a_ponzi_scheme/