Wolverine Posted March 10, 2017 Posted March 10, 2017 Title. I want people's opinions on when they think BTC will stop rising and how much? Also give reason for your opinion. Just want to know how good an investment it is. Lets see which one of us is right at the end of the day. MY PREDICTION: Stabilizes at around 1650$/BTC. Reason: BTC is limited so once all the BTC is mined it will start to appreciate just as gold has been appreciating all these years. Just want to know what others think about this Commodity. Cheers
fstyle Posted March 10, 2017 Posted March 10, 2017 if youre looking at the btc price when every btc is mined, then definitely ALOT more than 1650. I say 1650 wouldn't even be the highest this year. (considering that nothing bad happens ofcourse) 1
Wolverine Posted March 10, 2017 Author Posted March 10, 2017 6 minutes ago, DrDu said: 0 soon Reason? It will only appreciate, cause its being accepted by more and more retailers and is becoming the pioneer of digital currency. I don't see how it could fail. Could you back up this prediction with a reason?
Cleaned Posted March 10, 2017 Posted March 10, 2017 Isn't BTC more like a stock? In where it can drastically fall and rise in short/long periods of time? When I first started using BTC it was around ~700, and peaked at about ~1100, and fluctuated well within those ranges for many months.
Wolverine Posted March 10, 2017 Author Posted March 10, 2017 3 minutes ago, Cleaned said: Isn't BTC more like a stock? In where it can drastically fall and rise in short/long periods of time? When I first started using BTC it was around ~700, and peaked at about ~1100, and fluctuated well within those ranges for many months. It's at 1300$ right now
Stimpack Posted March 10, 2017 Posted March 10, 2017 about 420 quadrillion dollars no fucking clue, but it seems to be picking up steam. probably in anticipation of Winklevoss ETF approval. you can stay tuned https://www.sec.gov/rules/sro/batsbzx.htm decision has to be made this saturday march 11, but announcement is expected for the following week.
Cleaned Posted March 10, 2017 Posted March 10, 2017 BTC directly reflects the stock market? Trump is doing amazing things for the stock market and in turn also the BTC?
fstyle Posted March 10, 2017 Posted March 10, 2017 5 minutes ago, Wolverine said: I don't see how it could fail. very unlikely to fail yes. but currently theres a diversity of the bitcoin supporters. BU vs Segwit. if you have time look it up
Stimpack Posted March 10, 2017 Posted March 10, 2017 1 minute ago, Cleaned said: BTC directly reflects the stock market? Trump is doing amazing things for the stock market and in turn also the BTC? 1
Wolverine Posted March 10, 2017 Author Posted March 10, 2017 23 minutes ago, Cleaned said: BTC directly reflects the stock market? Trump is doing amazing things for the stock market and in turn also the BTC? Hahah buddy I'm not sure if you're trolling or being serious?
roklobster315 Posted March 10, 2017 Posted March 10, 2017 3k if approved, -1k if not. Do not sell, just buy more and more.
Wolverine Posted March 10, 2017 Author Posted March 10, 2017 1 minute ago, roklobster315 said: 3k if approved, -1k if not. Do not sell, just buy more and more. If what is approved? Sorry I don't have all the facts. Please educate me!
Cleaned Posted March 10, 2017 Posted March 10, 2017 Was kinda semi maybe being serious..? What's the approval thing rok is referring to?
Mordred Posted March 10, 2017 Posted March 10, 2017 Depending on when the mines dry up & if blackmarket goods are stopped