Post
Topic
Board Bitcoin Discussion
Re: Bitcoin uses too much energy?
by
KenziCharlie
on 17/09/2018, 05:10:24 UTC
Save any unexpected events like 100.000s coins being thrown on the market I think anticipation and or effect of bakkt might push the price another 1-2k at the end of the year until it flattens again to 6-7kish territory, maybe even lower in early 2019 (chinese new year theory).

At the same time I feel a lot of people are sitting on the fence waiting if price will ever drop to 3-5k territory again so that they can jump in buying whole coins once more.

Then sometime between 2019-2021 in anticipation or effect of the halving the next bull run will go off in the stratosphere of around 100k per coin, plus minus.

This profound ta is based on a feeling in my balls which I will never eat on live television, no matter the price of bitcoin, or bircoin.


Unless we get some serious new adoption like Amazon or Walmart accepting Bitcoin, it's gonna be hard to have another fomo bull run until we get closer to the next halvening. We're probably gonna have some good stuff like Bakkt propelling Bitcoin into maybe $8-9k. But psychologically it's always hard for a market to jump back in that soon after a major crash and major bear market. There's always a long period of caution and cold feet by the general public.