BTC @100k USD newYear '19
For sure! or not?
IMO we have two possible scenarios. Nothing in between and only those scenarios.
1. btc will see second huge pump (as '14) and after wait for mass adapotion
2. btc already seen main bubble for this time and we have further bear for 1-2 years until mass adoption?
What do you reckon?
Shall we jsut take profits and leave now even if we lost 80% of gains but still in profit. Or shall we wait and risk to loose all?
Maybe you have an idea how it will play out.
I do not trust this market situation. It seems as big players are loading up and small players leave. if this happens cryptocurrency will not be ruled by the people but the banks again.
One of the errors in your scenarios is that they both end in BTC "mass adoption."
For BTC, or any coin or token to be accepted universally, it will have to have some utility, among other things.
Bitcoin's main utility is as a vehicle for speculation. It will never be accepted as a universal medium of exchange in its current form.
For any cryptocurrency to be universally accepted it will have to possess certain features. Transaction speed, economy, and ability to settle micropayments are among those features. As of now, BTC can claim none of them, and therefore will never reach "mass adoption" relying on current technology.
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