I think it has a good chance of hitting $25k by end of year. But I do expect it to have a $2-3k dip and climb back up to $25k.
And if you noticed, STEEM is also going up! Yesterday it peaked at $2.41 and as of right now it's at $1.77.
I think it's time to load up on more STEEM...I think next year it will hit close to the $10 range.
Update, STEEM is at $3.16
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With this next events i predict Bitcoin reaches 25K usd by Christmas!
1º - 10# december - CBOE
2º - 18# december - CME
3º - January - Japan launches BTC futures
4º - Atomic Swaps with Litecoin working perfectly
5º - Lightning Network
What do you think?
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I think it's going to hit $100,000 next year. My reasoning is that everyone is starting to realise this puppy isn't staying down. Others may cry about how this is a bubble, yet it keeps going up. Here in the US, scared Financial Analysts say it's not real currency because you can't walk into a grocery store and buy milk with BTC. And that's true, but only true for the USA. In Japan they have legalized it as a real currency which can be used to buy milk. It's only a matter of time until the US will have to acknowledge it and at some point, allow it to be real currency here.
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Sure you can use bitcoin by way of bitpay!!
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Yeah, but that's technically not the same. That does a conversion "on-the-fly" back to USD currency. But it's a nice intermediary solution.
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Decent pullback here. I like the 14.5 area as a potential add.
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Just curious - where did you find this chart? I've been looking for a platform where I can spend some time playing with charts
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Look at https://www.tradingview.com/
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Wow! Exactly what I was looking for and then some - thank you!
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Thanks for the web page great find
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Did you see SBD price?
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Nope, where do you see charts for that?
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coinmarketcap
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Almost $7 right now
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That's odd...I don't see that. I see $1.90 as current and no highs of $7. Unless I'm looking at this wrong.
Can you take a screenshot?
Source: Coinmarketcap
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Steem Backed Dollars (SBD) not Steem. It is also on Bittrex. Just Google Steem backed Dollars coinmarketcap and it is there. Crazy prices right now. @papa-pepper just gave away a ton in a selfie contest too.
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Ah, now I see it. Didn't know that SBD was a coin as well. Thought that had to be converted to STEEM. I thought SBD was an "internal" thing to Steemit only. Man, got some more learning to do :-/
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Believe me, I am no expert. It is quite unusual though for SBD to be this high. Happened that one time when you look at the chart, but most of the time it is about $1. It is supposed to be $1. I think the witnesses vote to set rates (almost like the Federal Reserve) in order to keep SBD equivalent to $1. In reality it goes up and down though based on market conditions
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Yeah, the witness thing is still kind of a mystery to me. Don't have a good idea of what they do or why we need them.
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Also, crap! Steem is now almost $1.90!!!
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True, and the SBD is at $13...what the whaaaat??
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Great post! Very interesting thoughts! Would love to hear what you think of my post!
https://steemit.com/bitcoin/@college-is-dumb/bitcoin-crash-sunday-bitcoin-overpriced-investment-banks-manipulating-futures
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https://steemit.com/bitcoin/@college-is-dumb/bitcoin-crash-sunday-bitcoin-overpriced-investment-banks-manipulating-futures
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Thanks Monk of Marketing! ( : Great video, the information you are sharing is critically important! ✌
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