Bears are saying Bitcoin is headed to $1000.00 and then the Bitcoin craze will die and we will all be moving on to the next thing. The Bulls say Bitcoin isnt even close to its fullest potential and could be $30,000.00 per coin by years end.
With less than 1% of the population dabbling in Bitcoin, does the value seem too high, too low, or just right to you?
Google is about $1000.00 per share with about 30% of the population using it. What if 30% of the population starts using Bitcoin? How likely is that, and what will that do to the value of Bitcoin?
Which side of the coin are you on?
https://www.forbes.com/sites/panosmourdoukoutas/2018/04/08/wheres-bitcoin-price-heading-next-1k-or-30k/#32ce51232029Lets have a discussion.
I see this as picking sides during an election but what determines which side wins would be the total number if votes cast during the election process. Just like now where a whole lot of people are picking side some even went to stay in the middle ( which can be regarded as independent candidates). The fact remains that no matter much we all wanted whether to go to the $30,000 or the $1000, it needs to be backed by action.
You cannot chose the $30000 angle and continue to do day trading by not contributing your little quota not to flood the market that is already flooded which is driving the price down the more so also the people for the other extreme, you need to do the opposite of what I said earlier and the victory goes to the most diligent part.