Post
Topic
Board Speculation
Re: $50,000 Bitcoin In The Next Couple Of Months?
by
kenelmark
on 03/04/2018, 11:51:35 UTC

In his latest video, Mike Maloney ponders the questions 'Could Bitcoin hit $50,000 in the next couple of months?' and also, 'Is Bitcoin in a bubble and could it crash?' You may be surprised to hear how Mike answered these questions and the action he has taken accordingly.



Click here to watch this video:

https://mikemaloneyblog.blogspot.ca/2017/11/50000-bitcoin-in-next-couple-of-months.html


This is a bit click baity, no? First, it's presenting two diametrically opposed ideas: 1) could bitcoin reach $50,000 in the next couple months; and 2) could bitcoin be a bubble and crash?

So those are the two options to ponder, extreme upside or total devastation? Of the two, I'd consider a popped bubble far more likely than $50k btc in a few months. Anyone trying that hard for attention ($50k is an outlandish claim) should be viewed suspiciously.  And I wouldn't particularly trust anyone hawking both ideas at the same time. The non-informational baiting is the kicker: "You may be surprised to hear how Mike answered these questions..." Classic click bait wording.

Strongly agree. Classic click bait.
I don't think bitcoin price will fly straight up, I don't even think it will reach the highest price record ($26k). Ban issues and governments cautions are some of many factors that give bad influences to markets, not ending yet. the hodlers are now in crucial situation that I guess they will sell their assets immediately when the price reach the favorable price, and when that happens, the supply grows and the price, at least, won't rise.