Quote from: Danslip on Today at 11:33:34 PM

Quote from: wheelz1200 on Today at 06:59:08 PM

Quote from: Tipstar on August 14, 2020, 02:38:53 AM

Bitcoin is steadily increasing over time, quietly reaching 11.8K today, highest price for last two years. Ethereum's rise is much sudden and higher against BTC, it's traded at upto $430+ today, it's highest for last two years. Where do you see the market heading? would there still be bullish ride or there ought to be an immediate correction?

2021 looks to be a good year. The only problem is if the entire world slips into economic despair due to the pandemic and the fallout from it. If that's the case it might be a delayed bull market but you cant hold down a good thing for too long. Crypto is headed in the right direction

I don't think so. The steady and healthy market growth is necessary in order to avoid random pump/dump. According to the latest economic researchers, the fair BTC price should be around $4000, and $11000 price tag means this asset is overvalued. The real use case and having better alternatives will force the BTC investors to sell this asset in the next 2 years, maybe I am wrong but who knows?

I'm sorry but you can have one person claim a good price for bitcoin is $4k and another that says $30k with data behind it arguing both ways. The market has held strong in a very wierd financial time for the entire world. That is a good sign and very bullish. What data suggests that bitcoin should be $4k? And by the matter what do you think with bitcoin at $4k what would a "good value" on eth be?