Quote from: LeGaulois on March 08, 2018, 05:39:53 PM

Quote from: tegarp90 on March 05, 2018, 02:47:15 PM

ofcourse yes. many crypto experts predict it will go 20k by the end of the year (or even more)
And also it's still the year for cryptocurrency, it's growing every day

And many of the so-called experts were totally wrong...

2018 is going to be the year for regulations, taxes, and similar things. It's going to make a lot of people wary and waiting to see what will happen next and so they see cryptos as a more risky than before.

If you listen to people here 90% will say it will go to the moon, without knowing the basics of Bitcoin

This is the bitcoin market, summed up.

People are predicting thousands of percentage growth in a year which is absolutely absurd for anybody that has bothered to do research in bitcoin. It is not an investment that will make you rich over night. The pump last year was mainly because of hype and fomo, as well as actual growth in user base for bitcoin. But that growth can't continue.

While $17k is possible, it does not seem likely in this period where the market is primarily bearish.

$20k+ is pretty much ruled out already at this stage. We're going to see lots of new regulations coming off a huge pump, and that's affecting markets already. Load up for the long term but don't expect short term profits.