Quote from: bobyhodob on January 02, 2020, 09:30:46 AM

Quote from: Wysi on January 02, 2020, 09:19:01 AM

Quote from: indijim on January 01, 2020, 06:34:40 PM

There would be a big media frenzy, people will be looking to come in, buy up bitcoin and other alt coins, giving most of them a rise. That's my opinion, but I feel it's the most logical one.

It would be exactly the same 2017 wherein those users who have no idea about bitcoin invested it due to media frenzy and the way Bitcoin's bull run was showcased. I think newbies will invest more without knowledge if bitcoin reaches that figure to further pump the value and they will be the one to do panic selling once the price falls thus creating the dump ad well. I feel traders will be in huge profits.

Not sure I don't think if this happens it will fully be the same as 2017
I think everyone has learned from it all, even traders will be more careful to buy or sell their assets
yes 2017 is very impressive but in the end not a few people lose their money because prices continue to fall.

It will not be the same as in 2017, it will be even crazier because there are more people involved, and number is rising. Now we have many more interested parties, among governments and companies across the world, we can't say who will make the first significant move, but I expect many things to happen on that field in next couple years. We are talking about adoption when bitcoin was unknown to many, when price was a lot under 1000 dollars, and look where we are for 2 years, high above, and you know what we will go much higher, you will see.