Quote from: alex M on May 29, 2018, 08:10:38 PM

Quote from: lelylely on May 29, 2018, 06:39:20 PM

Quote from: robresno on May 27, 2018, 03:21:52 PM

I feel like BTC at $8000 is still overpriced. Due to high fees and slow confirmations, it's not really suitable for payments. SegWit seem like just a hack to me. I know we are all Bitcoin optimists here at the forum but is anyone thinking that Bicoin is gonna go down to $1000 level in the next 5 years?

1k after 5 years, I think not, even though bitcoin falls but will not arrive at the 1k price. Bitcoin in the future will be more popular and it will make the bitcoin value rise higher, and I think the 5-year bitcoin price is 70k.

If the price of bitcoin will fall down to 1KUSD, that means no more big investors left to support btc in order to be more competitive in the market. But I think it will not happen, 5 years from now is long enough to see and prove that btc is still the dominant crypto currency around the globe. My predicted price for bitcoin after 5 years would be 30K to 50KUSD and i think this increase can be possibly achieved soon.

It will never happen that the price of bitcoin will drop that much as the supporters at the level of $7k are the stronger supporters of bitcoin and they are holding their money in bitcoin for a longer time period.

If someone will think that the price will drop to that then they are not knowing the market of bitcoin and they are fool. The price in the coming future will really increase and your predicted price will not take 5 years but it will increase to that value within one year.