Post
Topic
Board Economics
Re: bitcoin prices go to the moon?
by
wuvdoll
on 04/04/2017, 11:42:43 UTC
btc not going to moon. there are certain things to be fixed for it not to be centralized which is why there is BU and segwit. if its not supported your btc will be worthless in the end. the altcoin frenzy isn't over so join the partey  Grin  choose BU or be left behind!  Grin
Neither BU nor SegWit is going to prevent Bitcoin from being centralised, if anything BU is going to increase centralisation, especially with the continued backing of monopolies like Bitmain.

And the altcoin frenzy is completely over, Ethereum and DASH have clearly reached their peak and have stayed there for a while now.  Bitcoin prices have gone up on a rebound just recently, from ~$900 to ~$1000.

It seems that your speculation was not clearly to be happen, I don't think BU can defeat bitcoin at this moment.  ETH and DASH was only Pump and Dump just recently, and now Dash crushed down 60% while ETH 40% crushed it down too. While as I expected and the others community here bitcoin now is coming back again for recovering the value to 1300$ so good luck for the altcoin what will happen. Grin
i do not think that there is a single currency which ca defeat bitcoin. as bitcoin is the number one currency and will always remain as number currency of the world.
I don’t know about the number one currency in the world, bitcoin as a currency is not that great but as a way of investment it is, and that is due to how the bitcoin supply really works and how it is limited, and also how the price is really high and how it keeps going up as time goes by that means like it is similar to gold or maybe even better because it is a new idea and everyone wants to support it.