Bitcoin Going to Zero? Not Likely

a reply to: projectvxn

I've just bought some more bitcoin today.

I would very much like the market to come back, as would all of us.

a reply to: Chadwickus

I think it is now. Whether it is slow and steady climb for the next couple of years or the precursor to a massive bull run is immaterial. This is why many long-time BTC investors caution people to hang on during downturns. The long-term rewards from a little hodling are big even if trading doesn't see any more meteoric peaks.

originally posted by: JinMI
a reply to: projectvxn

Still have to make it through one more downleg. Well according to all the TA guys anyway.

Here's your downleg.

3846 this morning.

I still hope for a drop to $2500. There is plenty of "buy" territory on that log scale and 2500 is smack in the middle of that right now. Can't be for long though as we have bottomed out on a lot of metrics.

My bear-wish was a drop to $2500. My bull-wish is a 10x run on BTC and a 100x run on the alt coin market.

I have buy orders at a few levels under 3k, but if I don't get that I won't be losing out on anything.

What do you think about bitshares?

a reply to: projectvxn

Yep it is. It is valueless and when all have been mined its kaput.

originally posted by: richapau
a reply to: projectvxn

Yep it is. It is valueless and when all have been mined its kaput.

Not how it works.

a reply to: richapau

The last bitcoin will be mined in the year 2140, i'm sure crypto would have evolved long before then and we would have moved on from bitcoin.

OK class. I hope we're paying attention now.

Looking at $4190 right now.

4800 bucks doesn't seem like zero to me

a reply to: projectvxn

I will buy every Bitcoin I possibly can for 1 dollar and won't ever sell for less than 2.

Therefore, just to prove the thread wrong, it will never go to zero.

a reply to: JinMI

You just proved the thread right...

Thanks.

a reply to: projectvxn

Well, the initial question, supposition, bleh.

I know what I meant!!

a reply to: JinMI

Haha!

I know what you meant too. Just giving you #.

Many a time I've told you.

Make 10% on 25% 50 on 50% Hold 25% for 200%

It's starting to look like the market will support a 10k per BTC target price this year. But it may be mid-June or early July before we see that. No epic bull run until 2020 or later.

There's a lot of BTC moving into Alts and we're seeing a little profit taking here and there. The momentum seems to be pretty bullish to me. Lot's of big money investment, lot's of retail adoption, massive transaction volumes (use case realization), all indicate a healthy investment and not the frenzied craziness of 2017.

A lot of good products are rolling out their main net projects in full and the implementation of 5G over the next 2-5 years will massively incentivize blockchain development, deployments, and transactions. With future 5G enabled IoT devices being capable of running full blockchain nodes, validators, stakers, and any other protocol validation system.

This will also massively increase the availability and capabilities of DApps and P2P financial transactions.

If you're not invested in robotics, AI, automated systems, FinTech, 5G systems developers and blockchain for the IoT and Machine Economy, you definitely should be. This will make up the future of our society in many ways.

I am not a financial advisor. I'm just a dude on the internet and you don't have to listen to me.