Re: Bitcoin to drop to 43$ and then die

Quote from: freightjoe on December 03, 2018, 02:33:18 PM

Good insights from Joseph Carson, the Chief Security Scientist at Thycotic Software who has analyzed the likely decline for Bitcoin

Quote: "The most likely scenario is that bitcoin will die; my current valuation of bitcoin is approximately US $43 as opposed to the hyped and manipulated valuation. "

For the full overview see here:

https://coingape.com/bitcoin-price-predictions-got-wilder-predicts-bitcoin-will-die/

I will not believe this analysis and I don't think bitcoin is going to died . The current dumping will reverse in 2019 and bitcoin will start to build up towards $20,000. Many people speculated in 2016, that bitcoin is going back to $35 at the end of the year but the reverse was the case as bitcoin went as high as $1000 in December 2016. I believe that next year will be favourable and most of the good news we have now will be translated to bull run.