Re: personal prediction for next days based on logic

Quote from: btcney on September 06, 2017, 09:21:41 AM

Quote from: Marian21 on September 04, 2017, 10:20:45 PM

in 2 or 3 days from now the price will be back to normal because ,in my opinion a lot of peoples are scared not to lose everything . But it is not a good thing altogether because it will decrease the number of cryptocurrency holders by 5% -15% maybe more ... tell me your opinion about this .

This prediction seems to be pretty accurate so far.

I'm interested to see whether bitcoin can hit near $5000 again, which i would consider as a "full recovery". Currently, we are just above $4500 and seems like we are still going up in a nice bull trend right now. my bet would be that we top out at around $5300 per coin.

I don't think that the number of crypto holders decreased as a result of China banning ICOs. Chinese investors are going to find a workaround sooner or later if they want to invest in ICOs and there is nothing to stop them from doing that.

China's ban will not have any significant impact into crypto world as bitcoin is omnipresent every part of this globe but unfortunately the recent down fall was triggered by the panic induced by China's stand on ICOs. The recovery of bitcoin will happen as early as possible as everyone will be eyeing cheaper prices to get into bitcoins regardless of what country will have what stand on ICO or anything else.

I mean to say China's stand will not be a influencing factor for anything into crypto world any more as crypto users are from around the world and not bothering about what one country's policy on cryptos.