I REALLY HOPE SO I WILL SEE NEW ATH SOON !
ATH soon?
Price would increase by 10x
I doubt it.
don't listen to this FUDster
price will go to 200k at least, to TEH MOON
Despite the fact that it's your usual "helpful" comment... I thought I would reply. A 10X increase would indeed be ridiculous in the current environment, for that I agree with you. However, I think we will see a time in the not-too-distant-future where 95% of all current alt-coins fail completely, and crypto itself is truly tested to see if it's viable as an alternative to fiat long-term.
I personally believe that BC will be one of a handful of coins (probably less than 5 total) which will survive this Crypto-Armageddon... however, I'm definitely not staking my life savings on this. Of course, I'm not staking my life savings on any of this... but I am leaving my BC and a select few others in my wallets just to see. If that situation does occur and the current market cap of all alt-coins is consolidated into 3-5 coins... a 10X increase will be what the
worst of those increases by... the best will be more likely to see a 100X increase.
On the other hand if we continue on this path of 10-20 new coins per-week being released... then the ultimate value of all coins (including BTC) will soon be less than a penny again. I don't really see there being a middle ground - eventually even the most idiotic investors (or "InvestorPeople" if you prefer
) will stop throwing good money after bad in an attempt to hit a huge pump at the perfect time and leave with profits. More and more are getting burned out on missed timing, total scams, and ponzi schemes than are entering the market with fresh money... so the writing is already on the wall... it's just when that's up in the air. IMHO of course.