Quote from: Blawpaw on November 04, 2021, 12:53:27 PM

JP Morgan analysts say bitcoin's most probable price outcome is to never hit 100k as it is terribly overpriced. JPMorgan Chase & Co. strategists recently released a report where they mention that Bitcoins's price is overpriced and for it to hit the 100k mark it would need to have volatility decreased. They point out that Bitcoin is now being traded above 60k but the true price for Bitcoin should be $35k.

What do you guys think about this?

so this spread of statement from JP Morgan is the reason for the decline to reach 70k? does this released is the start of falling market as the 2022 near to come?

Quote from: ALLON2017 on November 18, 2021, 11:53:33 PM

It was the one of the first crypto currencies invented doesn’t mean it’s the best, it’s all speculation and hype which is pushing the price up. Jp Morgan are right overpriced outdated coin with high fees , useless for micropayments etc.

Lol it is not the best? please extend explaining why ? do you really understand the meaning of BEST in cryptocurrency?