What the hell is going on? I was kinda joking when I predicted $20,000 before christmas.
Bitcoin is however trading at between $15500 and $16500 on the other exchanges. This is some weird and interesting shit. My guess is that this is going to be painful for those who are buying at almost 20k on Gdax. But the volume today is insane, and each time there has been a small dump, bulls have taken control almost immideately.
I suspect this signals that 20k is within reach, and after this correction people will slowly buy again. The only downside is that alts a getting slayed. Hopefully profits taken from Bitcoin will be put into alts now.
Gdax and coinbase are also having service errors. I can’t get on either one and bitcoin is now crashing. Down around $3000 off the highs. It’s crazy! 🤑
When I heard prediction 1M for bitcoin in 2030 or something like that, I have to admit that I thought this guys are nuts. Now I am starting to believe it. Call me crazy. Like I am always saying, limitless demand and limited supply. Plus it is evolution of money.
My predictions on Bitcoin:
25k december 2017
50k march 2018
100k august 2018
250k december 2018
1M 2019
And you... What do u think?
Short term I honestly do not know, but long term I believe it is going to reach at least 100K, 1M is also possible.
The question is, which exchange will crash first.
Didn't Gdax all ready crash a few minutes ago, but then got back up again? Coinbase is down
I think there are rumors of Bitfinex instability.
BTC might hit 25000 by the end of the year the way things are going as demand is at a all time high
Just think, on Nov. 15 it was just at $7,000.
And there it did indeed crash on Gdax. From 19380 to 16900 in the blink of an eye :) And then up to 18500 again. I suspect there is some BIG money going on now. BIG money.
Think if you predict seriously!
This post has received a 12.29 % upvote from @booster thanks to: @scandinavianlife.
Hi buddy
Bitcoin is the most craziest thing i ever witness in my life.
It seems we are going to have a powerful correction afterparty next to such a growth.
Always instructive to read your post. You know I've been learning a lot about crypto from you and now I have my tiny Bitcoin fraction to watch growing! Let's hope it won't crash soon!
@scandinavianlife you were wrong about $20000 it's more like $30000!
I still do not understand if this is good or bad, I have hopes in the BTC and I am quite optimistic about its future, but this rise is not what it brings back, that is, it has risen $ 10,000 in the last month, that is totally dersprovided for this market.
It could be a reaction of disproportionate optimism after the arrival at $ 10,000 and it is only a bubble, like when I first reached $ 1,000 and then went down for a month.
But really, with the BTC, I'm not sure of anything.
It seems like so many people are selling their other cryptocurrencies and buying Bitcoin. Thus, Bitcoin is going up up and the prices of the most other cryptocurrencies are going down. As always great informational post. Thanks!!
This post has received a 3.09 % upvote from @buildawhale thanks to: @scandinavianlife. Send at least 1 SBD to @buildawhale with a post link in the memo field for a portion of the next vote.
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