Quote from: Yanisumin on November 29, 2017, 11:57:06 PM

Quote from: ahmadakbari on November 29, 2017, 09:17:40 PM

Whenever bitcoin price falls a little, some people starts to talk about crash, die and similar things. Those are who were talking about 100000 dollar and moon yesterday. All these fluctuations in price are normal. Now the price is being corrected and soon it will rise again.

Legit.
People are easily persuaded specially the newbies in the market. For instance, BTC's price is 11k$ yesterday and now it falls to 9k$. Many mindset will go to "Ow BTC will crashed to 5k$ again, but this trends are pretty obvious in the market today, especially because there are still not much adoption in BTC, even the great gold took a millenia before it have a global adoption but the WORLD is so small right now, you can send information in split seconds across the globe. Never understimate the power of the internet. Most of the holders of BTC are billionaires and millionaires that why they are taking advantage of the holding and selling but sooner or later they will sold out and the price will go down and then BTC will diversify to people and slowly the market will have a stable price.

There are still places that don't want change but let's see for another 5 years on how this will turn out. This milestone is one of the greatest of mankind and BTC under 100k$ is still undervalued compared to the world supply.

I'm seeing BTC @ 40k$ in 2018.

I see $40k too, but $100k+ is a bit of a stretch. I see easily $100k+ by 2020. Lightning Network will be operative, so we will finally have global, instant, cheap crypto backed by cryptogold, at this point the wallets will be very easy to use, anyone will be able to use bitcoin, no more complains of transactions not happening fast and so on. Since the network will be backed by BTC itself, I see it going x10 current prices minimum.