RE: Crypto Dives AGAIN? Trading and Some Warnings

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Crypto Dives AGAIN? Trading and Some Warnings

in cryptocurrency •  7 years ago 

opposite to your reaction, I am quite happy actually. I firmly believe btc will go down to 8k very soon and that's gonna be best and last golden opportunity to load btc up below 10k. Then end of year. I will see you around 60k per btc.

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What do you base this on? I am always confused when people say numbers like 50K, 100K, 1mil

That implies a valuation of upwards of a trillion USD - unless we see some mass adoption or proof of undeniable future success, why would the market value it that high?
At this point, seeing large countries like South Korea and India putting obstacles in the road - where would the mass adoption come from?