Nice forecast, i agree with you or will btc explode again? You'll never know with this bitcoin it's becaming more and more bullish
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Nice forecast, i agree with you or will btc explode again? You'll never know with this bitcoin it's becaming more and more bullish
What should happen is BTC will stagnate until the difficulty adjusts for BCH mining. We need more hash power to increase the speed of the network and decrease fees and there are only so many of these ASIC computers out there that can mine BTC or BCH right now.
Once SegWit fully activates and then we get some sort of a decision about SegWit2X (which could possibly fork BTC again) we should see BTC become faster and start to rally in price again. I don't buy BTC if I can avoid it I would much rather buy Litecoin and send it to where I want the money, then cash it out for BTC once it gets there. MUCH faster and cheaper to just work around the congestion myself using alts and exchanges.
Bitcoin will always rise over time that is how it was designed to work. Always a good investment especially if they are going to fork it again in November :) Remember what happened last time we forked!