People making a “big deal” about Vitalik Buterin not “seeing 1000% growth in cryptos — press goes nuts

in #esteem6 years ago

Source: https://cointelegraph.com/news/vitalik-buterin-crypto-blockchain-space-wont-see-1-000-times-growth-again

https://cointelegraph.com/news/vitalik-buterin-crypto-blockchain-space-wont-see-1-000-times-growth-again

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Math is a difficult concept for the reporters in this world. Vitalik correctly says he doesn’t see the crypto gains of 1000% as before.

Is he correct ? Welll — if you stuck with main coins, probably yes for many —- but not true for others.

Bitcoin — even if it went to $60,000 —- that’s 10 x or 1000%

Litecoin — evne if litecoin got up to $400 (which I thin I EASY) —- that’s a 700% gain

You could also give a green light to many other coins as well to do 1000% by the end of 2019 — it’s only 10 times today’s price.

However, he is correct in that many many coins WILL NOT and will be failures over the next 18 months.

I can see ETH going up 1000% easy. You have Wall Street coming in with ETF’s and Coinbase is pushing BTC, ETH, LTC and BCH — of course it will go up 10 times.

What do you think?

Sort:  

only small coins might get that high return but also high risk of suddenly dissapearing

I think we may see several well known coins do 4-8 times by end of the year.

yes it's better to buy well known coins at discounted price now, rather than speculative unknown new coins

One more time down it appears

yes x6 and x10 easy for next months

I agree. We will know shortly.

ETH went from under $10.00 in 2017 to over $1,000.00 within a year, now at $200.00, could easily go back over $1,000.00 or back to $10.00. So much manipulation to the downside at the moment, I suspect the goal is to crush the prices and then pump up to new highs. Gut wrenching for holders, traders pulling the strings.

Totally agree. Manipulation to get control is the game.

Totally agree.
Manipulation to get
Control is the game.

                 - floridanow


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Coins mentioned in post:

CoinPrice (USD)📈 24h📉 7d
BCHBitcoin Cash482.888$2.47%-23.21%
BTCBitcoin6349.102$1.86%-12.38%
ETHEthereum199.253$3.75%-31.29%
LTCLitecoin55.206$4.09%-14.9%

Can't wait for steem to catch on. :-)

I see a minimum x 5 by the end of the year.