Post
Topic
Board Speculation
Re: Bitcoin surges above $1,500 - CNBC POST
by
Herbert2020
on 06/05/2017, 05:46:32 UTC
I really feel that bitcoin will surge up to $2000 in the first half of this year. Those people that bought bitcoin when it dumped $900 are very lucky. They are filthy rich right now especially those whales.

I do not agree. The very lucky people are the altcoin investors. While Bitcoin is going up in fiat value, the altcoins are continuing to out perform Bitcoin and they keep going up in BTC value. By the end of this cycle, I believe there will be a few more millionaires made.

very good point. the rise in bitcoin is always small when you look at it percentage-wise because how big its market is and how big the demand for it with manipulation shrinking.
but the altcoin market because of being smaller and more manipulated, has been performing very well. and that is true about literary all the altcoins not just a handful of them. when looking at the prices of different altcoins during last 2 months you can see that every single one of them have been getting pumped and most of them got pumped hard to big percentages such as 100% to 300% and that is a lot of profit.