I am very happy to see the price going back down hopefully to $500 this time just please only once let it go there for a few minutes when I'm not asleep so that I could get 20BTC and then from there you can go wherever you want.
Tattoo this on your butt chicks first chance you'll get: Bitcoin will rise no matter what! only it takes time! those selling/dumping are the future losers and those who buy/pick are the fortunate few in the future. what do you care what happens then? you just store your Bitcoins and successfully transfer them, is there anything more complicated than that and is there anything else at all?
Problem with people in this community is when they own a few coins or half a coin they think they own the whole concept, they feel entitled to make decisions and have a saying in everything related for grown ups and the people behind the scene.
You just use your coins there is nothing more to it.
I can bet that you wouldn't buy any bitcoins when and if it crashes back to 500 dollars at the moment you will not want it. The reason why is that it is most probably going to crash as well even more as the market cap of ethereum and most probably ripple would surpass it. That would be disastrous for bitcoin and the newbies that are coming in now and don't care about technology would just jump in to the ones at the top.
However, it's really good that such crash is impossible at the moment and will remain impossible. There are just too many important people involved with it that they would let the price crash just like that. There are tons of bitcoin businesses like exchanges, card issuers and atms services that would survive a huge loss. Even if something horrible happens on the uasf date as the chain split, bitcoin still wouldn't go down under 1k, so if you believe in bitcoin and don't want to take a loss then just hold it long term.
Hi everybody
Heard a lot latetly about the bitcoin fork, segwit, unlimited..
Whats your thoughts on it?
Will BTC moon to 10k or will it be dump?
Please explain.
Even if it moons it won't be 10k. That's just an absurd number in my opinion.
It will depend on how the community reacts and there is really no way that anyone can predict that right now. What will possibly end up happening though is that there will be two "bitcoins", segwit bitcoin and bitcoin unlimited bitcoin. This will make bitcoin price predictions reduntant. I would say that Segwit BTC will have a lot more support even though BU has a lot of miners behind it. Look at the amount of nodes that signals segwit support, it's not even close right now.
I would think that the total value of the two chains combined would show an increase in market cap though, as if you hold bitcoin private keys yourself you'll get both BU and BCC.
It's not absurd at all, everything is possible with bitcoins. Remember when the price was 500? it mooned to 3k, thus it was 6x gain. Right now it would need only a 5x gain so it's really realistic.