Post
Topic
Board Economics
Re: Tell me your predictions about Bitcoin
by
Algojar
on 09/04/2017, 18:23:11 UTC
It is not going to go anywhere unless the ongoing issues get resolved, but the price will be playing hide and seek between 1050 and 1200 if we take the upcoming 6 - 9 months time into consideration as it is really not going to be that easy for Bitcoins to have a ride just like the alts had during the last few days.

Agreed! The Bitcoin need a solution to its scalability problem and while it doesn't resolve it, the Bitcoin's market share will continue to decrease. I believe that this SW, BU (hard fork) deadlock will prevent price increase. I understand that Bitcoin has no future without scalability solution and I don't see any solution any time soon. Bitcoin's market share has been droping and I think it will coutinue to drop since people are seeing other coin as alternatives.
That said, I still believe Bitcoin value will get to $1500 this year.