RE: SCARY Trend in Bitcoin & Other Cryptocurrencies

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SCARY Trend in Bitcoin & Other Cryptocurrencies

in bitcoin •  7 years ago 

I cant predict the price, and I don't pretend I can, I certainly think it is entirely possible that Bitcoin does not go back above $20,000 for 3 years. I also think its entirely possible Bitcoin will hit $200,000 before the end of the year.

If OPEC announces tomorrow they are no longer accepting US$ for oil trades and will only accept Bitcoin then... well who knows. Like wise if the US government decides out of nowhere Bitcoin is only used for drugs and terrorists and makes it completely illegal tomorrow then once again, who knows, but this time in the other direction.

We can only wait and see.

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