5/24/17

Future Prediction: BITCOIN will be +5,000 by 9/01/2017. +10,000 by 9/01/2018 and +100k by 11/01/2022.

I belive that this is a low ball prediction. Bitcoins dominance over the 90billion dollar cryptocurrency space is only 44%. As blockchain based businesses begin to be adopted and utilized in more places, the value of bitcoin will increase. Even if the alternative coins die off, the remaining will still need a simple transfer exchange. Bitcoin is the only coin with a market cap and value that is in a position to handle the exchanges. Exchanges such as poloniex and gdax do not offer all coins, nor do all coins have a U.S. fiat exchange. But everything has a btc exchange, which can then be transferred to most fiats.

Since March 01,2016 bitcoin has doubled nearly 2x every season. This was and is to account for the coins and businesses proving the validity of their claims. Steemit is a prime example. Coins may say this and that, but as businesses build credible systems for the utilization of their coins and products btc will increase in value to account for their market shafullre.

BTC dominance will dwindle down to 30% as alt coins continue to rise. Bet on bitcoin for the long haul, over the short span. Day trading is best kept for btc on a full 28day basis or longer. Anything less and you will kick yourself later.

INFO FOR THE SMART INVESTOR: 3/2016 0.15 btc would cost $150 US dollars. 5/24/2017 0.15 btc is almost $450.00 US dollars.
bet on bitcoin for the long haul and bet in bulk. The businesses being built around this cryptocurrency is going to continue to drive the cost through the roof. "People dont exchange gold anymore, yet we call it the gold standard. When we exchange for bitcoin, we shall too call it the bitcoin standard."