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RE: Bitcoin Dives! Why I Remain Bullish + Tron Rant

in #bitcoin7 years ago (edited)

If Ethereum reached $10k by end of 2018, I think Bitcoin would be at least ~$58k, likely higher. I don't think it's terribly likely we see a sustained Flippening happen, so that number is based on them being tied. I didn't adjust for inflation and it's back-of-the-envelope math so don't read into it too much. FYI this isn't a prediction, just answering your specific question.

I wouldn't jump into the ICO storm too much. I am hoping eventually there are ICOs where the developers have a working product first to show people and have them use with "fake tokens" just to get an idea of how it works, then raise capital. That'd be more professional, but that's just me. I probably won't touch ICOs still, regardless of how out of favor they become.

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I guess you're right about the ICO thing. I just recently heard about the Telegram, start using the word blockchain in their vocabulary. That also means the storm is yet to be over.
I know it's hard to speculate. Cause everything is happening so fast and I feel a certain non linearity in the market behavior. bitcoin is experiencing consolidation I geuss. I look forward to your next video. I saw one video but I think you removed it. might be that I saw a video in my sleep??