See the picture below, but I believe we are at a pivot point right now in crypto. I thing one of two things are happening; The first being this is a false surge and will go in a downward trend, The second would be we are surging. I personally believe it is the second as it would fall into the trend of all these dumps and surges. What do you think? Let me know below.
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Bitcoin to 5000 , Ethereum to 1000, Dash to 500 .... and i will be very happy :)
i am hoping it will be an upward curve
I think with the US$ tanking in recent days, the people are slowly gaining more confidence in the digital currency system. I believe that it will continue in an upward trend, however I feel strongly that there will only be 3 or 4 dominant coins.
The same thing is happening with IOTA and Ripple, we're going to the moon boys!!
Hoping for the blue curve to happen. It's enough red days for coins. Hahaha.
I'm in no way an expert but I'm thinking (hoping) it's the latter. I think certainly for Bitcoin there has been enough of a correction to get things back on a more realistic trend for growth. I'm still in the camp that is seeing BTC establish $3000 as a new baseline this year.
Surge! On a🚀 to the🌛
No way it's going down as far as the red line in the chart.
I hope it will be an upward surge these downward spirals are getting a little depressing.
I think BTC will see a downtrend to 2000$, ETH will go up to at least 300-250$ until 1 August. After that, I'm not so sure.
I think it will be a upward trend for this week, but will fall again during the weekend. I think we will see more or less a copy of this week. Hope not! :-D Else, buy low, sell high! ^.^
Upward curve is bound to happen.
it's necessary for god cause, let learn from and learners will earn from ;)
In a few days, we have the Segwit2X Beta release, that will have an effect on the price. Also upcoming is the potential chain split in August (UASF and Segwit2X) and possible disruption to all payments in the Bitcoin system during that time period.
It's going to be a very rocky month for all users between July 14 and August 14 as a result. For the record, I have withdrawn all coins from exchanges and online wallets so that I can ride it out until the end of the year.
The first big rise in Bitcoin was from $0.05 to $30 occuring over about year, June 2011 to June 2012. That's x600. Yes it crashed but never got back down anywhere near 5 cent. Every subsequent spike has been more than an order of magnitude weaker than this first surge. Bitcoin has now had a series of 5 or 6 spikes, booms followed by busts.
Many coins, notably Litecoin have not had anything like this history. So we COULD be just in the early stages of these second tier coins having their first massive surge.
In my strong opinion we will surge.
What is your opinion on YoBit.net as an exchange?
I look at it five to ten years from now--steemit will be huge-we have to make it big!!!
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Follow back me bro 😃