Welcome Fellow Steemians! First I will give my analysis of Bitcoin for the last couple of weeks, but if you would like to skip to the contest just scroll to the bottom and don't forget to upvote, follow, and resteem!
I have been predicting the price of Bitcoin pretty well for the last few weeks, but now that task lies with you! Whoever has the closest guess of what Bitcoin's price will be as the US stock market closes tomorrow will receive 0.001BTC courtesy of me, @bwells! I will be launching a crypto predictions site very soon that will include my own thoughts and predictions along with the community consensus and I would greatly appreciate a follow to stay updated on that drop!
As I predicted in my Friday 10-06-2017 prediction, my Enjin Coin Review and my recent article on the Mainstream Media turning bullish on Bitcoin, the price of Bitcoin has been on the steady and strong on the rise. The only foreseen threat of this extremely bullish run would be the Bitcoin Gold split, but after my research I have deemed that event to be essentially non-existent to the Bitcoin/crypto world.
If the Bitcoin Gold split is having any effect at all, I would say that it would be helping the recent boost of Bitcoin's price. This is possibly the case considering there are many uninformed people thinking that will be a Bitcoin Cash 2.0 where they can literally cash in on free digital cash. That would also explain why most of the alt coins suffered during Bitcoin's bull run. I think a lot of people cashed out of their ICO/alt holdings for a few days to try to get more free crypto or to try and trade on the speculation.
I don't think there is much left to speculate with Bitcoin at this point unless it is whether or not they will finally be able to scale their system to where single confirmations don't routinely take 20-30 minutes, hours, or sometimes never.
I still believe that Bitcoin will be the king of the blockchain for at least another year or so, but Ethereum is tailing close behind with it's smart contract ability, ease of development, and massive amount of companies/cryptos building their platform on the Ethereum network.
A very good portion of Bitcoin and crytpo speculators still don't understand that significance or importance of the Blockchain, and I think Bitcoin and Ethereum will continue to skyrocket in the long run over the next couple of years as more and more people understand the technology, and more and more Fortune 500 companies jump on the space ship to the moon!
The Contest Details are Here
It has been an exciting few months for crypto, and there is no telling what the future will hold. Make sure to follow me and leave a comment with your guess on the price of Bitcoin at the NYSE close(10-13-17 4PM EST). Make your guess to the nearest cent and double check someone else has not duplicated your guess before you comment. You may edit your guess all the way up until 2:30PM EST. Entries will be no longer valid and I will take an inventory of all of the entries at that time.
I would normally give you my prediction, but I am clueless on this one as I could see many scenarios playing out. Let's leave the guessing up to you! Good luck and please make sure to follow me as well.
To the moon,
hello @bwells I firmly believe that bitcoin will shoot like a bullet train and hence my prediction will be 6,320.02 usd
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nice Post!!!!
GOOD IEDA
Keep it up!!!
;o)
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Good luck! Hope to see you around again soon.
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thank you @bwells ,,thnxx for this wonderful contest ! poeple like you dont make cryptos anymore boring !
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No problem @harrydurbha! Right now you are the only one who has guessed so far so you are doing pretty well for yourself so far.
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Hmmmm, I am starting crypto trading and steemit gave me this strength. By next week I will start my first buy and sell. I will follow up and leverage on your posts and predictions. Thanks for sharing
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Thank you, I appreciate that. Make sure to have a guess at the price of Bitcoin for the Wall Street close before 230 PM EST!
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hello
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Hi how are you?
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nice Post!!!!
GOOD IEDA
Keep it up!!!
Please commend, what is your favourite Hardware Wallet!???
Also upvote and resteem! :o)
https://steemit.com/@cryptoinvestinfo
@cryptoinvestinfo
;o)
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Trezor
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Congratulations @bwells! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Award for the number of upvotes
Click on any badge to view your own Board of Honor on SteemitBoard.
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Hello, I would like to join this contest. In my opinion BTC will be worth 6058 USD. Have a nice day :-)
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You're a legend mate! I'll go with $5800. Resteemed!
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Thank you @blechy. I appreciate it and wish you good luck!
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$5709.5 is my guess
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great post like it
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5488 is my prediction
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hello
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many are investing btc at the same time many r satisfied with small profits and are selling :P
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Selling now might be a perfect play if there is a correction, but crypto goes against trends and it is hard to know what will happen next.
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в btc нужно инвестировать однозначно и желательно на долгий срок ( скажем на год или два)
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I agree.... long term is the way to think in crypto for sure.
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$5600
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Thanks for the comment.
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by the beginning of next week...Monday is going to be 1 BTC = $ 5300...and will keep going down until next month to reach the lowest @ $5120...then its great time to come back on life...because Bitcoin (BTC) will hit well over $6800 and aiming for $7500 by december...this prediction is based on my own experience ,since i have been following BTC for years now...i remember BTC = 23....so it has always been the best part of my life...i suggest the best way at the moment is to wait till the end of the month for investors...and for miners is always great to try having some GTX-1080 around lol (i do).
God bless you all. @bwells
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Yes bitcoin making good improvement
Steemit.com/@emmanuelmakinde
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hello @bwells I believe that bitcoin will going to 6500
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It will hit 6850 by the weeks end before it takes a correcting dip.
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Всем привет,мой прогноз 6200 $ ,ждём когда ситуация на рынке придёт в норму .
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Thanks for the prediction. Good luck!
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New mining site out of russia you get 100g/h for signing up and free hashpower from everyone who signs up under you no need for them to buy hashpower check it out here https://enwy.io/?ref=lionhart
Definitely a scam site but hey if you can grab a bit of bitcoin while they are up what da heck right :)
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upvoted.......
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Ok Steemians...
The predictions are closed for today, but if you still want to participate you can place your prediction for tomorrow at 4PM EST!
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$5553.05 was the final price of Bitcoin at 4PM EST which makes @paul.atreides the winner!
Send me your deposit address @paul.atreides and I will get your 0.001BTC sent out. Great job and nice prediction!
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Actually, unfortunately @paul.atreides didn't follow the rules as posted. You must follow and resteem as I stated in the original post. @princeso would have been next, but no follow/resteem so no prize.
That means @blechy, you are the winner because you were the closest to guessing the correct price WHILE following all of the rules. Send me your bitcoin address and I will get your 0.001 to you asap.
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Thanks mate, you're a legend!
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Thank you @blechy! I juts sent the coin. Nice prediction work. Make sure to get another one in for tomorrow while the competition is few and far between.
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1ASLG7648UveqVFzZcWcCvX4euRHqWMz2g
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