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Ermac

Bitcoin

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Anyone got any views on BTC. 

 

Will it go to 10K this year? 

With Bitcoin now having the ability to be shorted.  How will it rise to great heights?

I don't see it going to these massive prices any more.  :scratch_one-s_head:

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24 minutes ago, Ermac said:

Anyone got any views on BTC. 

 

Will it go to 10K this year? 

With Bitcoin now having the ability to be shorted.  How will it rise to great heights?

I don't see it going to these massive prices any more.  :scratch_one-s_head:

I don't have a price prediction on BTC. The crypto market needs new money in order to rise again, I think.

The good news is that several necessary market improvements seem to make progress:

- regulation

- custody services

- ETF's

- FI's entering the market

I expect a difficult Q1, but a rise somewhere in Q2 or Q3 ...

Due to first movers advantage and an existing large market share I expect BTC to be an important asset for some more time, despite PoW having some rather big disadvantages ...

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1 minute ago, Rey said:

I don't have a price prediction on BTC. The crypto market needs new money in order to rise again, I think.

The good news is that several necessary market improvements seem to make progress:

- regulation

- custody services

- ETF's

- FI's entering the market

I expect a difficult Q1, but a rise somewhere in Q2 or Q3 ...

Due to first movers advantage and an existing large market share I expect BTC to be an important asset for some more time, despite PoW having some rather big disadvantages ...

hmmm

 

I guess time will tell. 

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1 hour ago, Ermac said:

Pretty interesting take.

Make's sense.

 

XRP as a base makes a lot more sense in my view.  Due to the fact its doing something XRP has a reason and use case . 

But then again, the Market moves in mysterious ways :dash1:

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