The way I see it without the lightening network BTC will struggle.
If lightening comes into play and works BTC would make a great investment if you buy it in this bear cycle.
In my opinion we might see a low of 6500 approx over the next few months because of Mt Gox.
Looking for long term strategy to jump in...What do you guys think.
Or, should I look at another coin?
As far as I know there is no implementation release date yet but it has its beta release on March 15. The devs are really trying to stress test the system so that we can say that it will be very stable when it will finally be rolled out.
Yea, totally agree with you that it will really push bitcoin and maybe see another massive bull run. But I disagree with your thoughts of seeing bitcoin going to $6500. There are strong support at $8500 already so I don't think it will go further than $7K-$7500.
Well Bitcoin is good for long term so why invest right now when the price is still very cheap and see it grow exponentially in the next couple of years?
It will happen, its started since last year but it did not happen. Many people are expecting this, but it did not happen.Hope this time this will be implemented and we will see bitcoin price will shoot up.