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RE: If BTC follows pattern from 2017, it will hit $62k in 4 months

in #bitcoin • 6 years ago

It's possible. Though Libra is not slated to launch until Q1 of 2020 last I heard?

6 years ago in #bitcoin by
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     6 years ago  

    You are right it starts next tear. However, all the newspapers, even in countries like mine (Serbia) are writing about it for 2 days in a row. Journalist have no clue what they are talking about, but something is going on. In Slovenia, 1 "national" wallet and a company that allows you to invest 10-20 euros into packages of top crypto, or promising, risky...

    It's spreading... The question is - when to sell and what. Especially altcoins

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     6 years ago  

    I am not sure. Most altcoins haven't reacted positively to the libra news, nor should they actually. Hopefully we get another crypto wide pump when bitcoin makes new highs later this year or early next.

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     6 years ago  

    I think that Libra will wipe out alt coins

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     6 years ago  

    And what about utility tokens?

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     6 years ago  

    I'm not sure who is going to use them :(

    FB coin - all the folks from FB, like a billion
    Weirdcoin - maybe a couple of thousands

    Why would something recognized by 1000 people be valuable (*it's also important question for Steem...)

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     6 years ago  

    I don't know... it seems like unless something really popular gets built on one of these chains they are all mostly worthless. Steem's only chance is it get a popular game or app built on here and it needs to happen soon...

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     6 years ago  

    Steemit is lacking one single thing - meaning. It's a platform about - nothing. They need something niche and meaningful

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