we are in 5th wave.. when it ends.. early baghodlers will get scared.. and this might be the end of bitcoin beeing leader in price for years to come or may never come back even. think about it.. why would you want to buy 3000$ coins when there's competition out there that's doing the same job faster and cheaper.. I love bitcoin.. but if there's something better to use .. i'll use it.
remember bitcoin is not unbeatable.. eth came very close as market share and thats not even a good coin.
@dha, it did actualy die pretty hard 3 times over it's total timespan. but it bottomed out and went higher after a long time eventually hence the 5 big waves.. there will be no 6yh and 7th wave.. a bigger correction will come .. and there's nothing that sais btc will ever go over ath again. just look at gold.. it might beat ath someday but when? wh'n i'm old ?
dha
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@forexcapitalz, I think that the fundamentals have changed significantly with bitcoin. Going from nerd-only project, to where it is now. A final correction to the graveyard now would require a fundamental cause imho. One which I do not see at the moment.
hopperdeplop
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@dha, well there is some interesting things going on fundamentally.. forks. i can imagine bitcoin cash will be sold to very cheaply .. big whales like roger ver buy them up .. now roger ver can sell enough coins to scare the normal bitcoin market... wile pushing up bitcion cash with his profits ... the moment mining switches to bitcoin cash.. and they will if it's profitable..(less difficulty) bitcoin can basicaly half or worse..
ricardoschiller
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Thank you for the heads up. Do you have an idea of about when it will happen?
hopperdeplop
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@ricardoschiller, no nobody knows. 5th wave isnt over yet.. maybe tomorrow with all the forking stuff . ; maybe it shoots higher too. ;but it's still the 5th wave then. just gotto wait
dprahastra
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@forexcapitalz, lol now
hopperdeplop
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@dprahastra, not sure what there is to lol.. wave 5 is still going.. as i said it might shoot higher too.. still wave 5