Bitcoin
Bitcoin
Out of context: Reply #1252
- Started
- Last post
- 2,672 Responses
- sarahfailin2
My wager: cryptocurrencies will be close to where they were at their peak again by the end of this year. Then they will crash again down to about 10-20% above where they are now.
It peaks and declines but is following a gradual trendline upwards. as more and more companies and individuals find use and value in it, total crypto market cap will continue to increase
- why would all cryptos move up? just because?monospaced
- The rise so far has nothing to do with companies finding any use for cryptos. At all. Not even a little.monospaced
- the total market cap of all cryptos has a strong upward trend over its entire existence. whether it's bitcoin or other, more ppl are putting more $ in crypsarahfailin
- why have cryptos been rising (and crashing) for the last 8 years? i dont know, i might even agree all of it is useless, but its still a way to make moneydrgs
- Doubt it. Rise before was based on the global coverage and fools jumping in.shapesalad
- There's a limited # of people into crypto's = limit total amount of capital to invest. Each month new ICO / coins = capital spread thinlyshapesalad
- + people have been burnt on last years hyped rise = bitcoin etc not likely for a long time to reach least years peak.shapesalad
- not saying it won't retrace a bit, bit won't go past the peak level of last year. Would need a different element to do that. War perhaps.shapesalad
- This trend line would reach the highest historical market capitalization amount (so far) in just 2 years ;)sarahfailin