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Where's BTC go next?
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Date: December 21st, 2017 2:22 PM Author: umber magical theatre pistol Big shakeup this week after the Bitcoin Cash situation. But I think you have to plan on a Christmas rally. New money buying in will get parked in Coinbase. And I don't think ETH or LTC yet have the brand power to compete in these holiday dinner table type situations.
We'll probably also see a rise in BCH for this same reason. My guess is pushing 23K by year end for BTC and 7,000 for BCH.
ETH and LTC will see some gains as well, but not as big. Alt coins will have a tough week until after New Year when they start soaring. |
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Date: December 21st, 2017 2:34 PM Author: ebony set macaca I agree with the sentiment but will take the under on those price estimates
Those prices would require an influx of something like $150B flowing into those coins alone in the next 10 days and that seems wildly optimistic to me |
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Date: December 21st, 2017 2:35 PM Author: umber magical theatre pistol The 150B would not be all new money..Once they start rising, you're going to see people selling the alt coins to catch the BTC rise. (http://www.autoadmit.com/thread.php?thread_id=3836696&forum_id=7#34976687) |
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Date: December 21st, 2017 2:40 PM Author: ebony set macaca Sure, I guess I was focusing a bit on your new money statement
It does make sense that after alts have been up big that people exchange for BTC and probably ETH to a lesser extent
If the tax rules go into effect, it would probably also make some sense to flee from alts by year end if people are even aware of it and plan on following the rules |
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Date: December 21st, 2017 4:53 PM Author: useless yapping field psychic Not sure I believe that BCH/BCC will absorb Coinbase $$ more than LTC or ETH. (http://www.autoadmit.com/thread.php?thread_id=3836696&forum_id=7#34977809) |
Date: December 21st, 2017 2:38 PM Author: umber magical theatre pistol Coinbase basically doubled down on the mom and pop retail investor by putting BCH and not another alt-coin like XRP..It's a smart move for the whole ecosystem. (http://www.autoadmit.com/thread.php?thread_id=3836696&forum_id=7#34976709) |
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Date: December 21st, 2017 4:54 PM Author: useless yapping field psychic Why does the retail investor want BCH more than another alt-coin? (http://www.autoadmit.com/thread.php?thread_id=3836696&forum_id=7#34977820) |
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Date: December 21st, 2017 4:55 PM Author: green appetizing weed whacker familiar name? (http://www.autoadmit.com/thread.php?thread_id=3836696&forum_id=7#34977827) |
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Date: December 21st, 2017 9:15 PM Author: umber magical theatre pistol Yes brand recognition..Fear of buying the unknown (http://www.autoadmit.com/thread.php?thread_id=3836696&forum_id=7#34979624) |
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Date: December 21st, 2017 10:11 PM Author: Zippy hall I still feel like a lot of people will see bitcoin a price of somewhere between $12-16k and think it is too expensive not realizing you don't have to purchase a whole bitcoin. (http://www.autoadmit.com/thread.php?thread_id=3836696&forum_id=7#34980256) |
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Date: December 21st, 2017 10:24 PM Author: Cobalt mexican location (http://www.autoadmit.com/thread.php?thread_id=3836696&forum_id=7#34980414) |
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Date: December 22nd, 2017 7:52 AM Author: Slate anal den (http://www.autoadmit.com/thread.php?thread_id=3836696&forum_id=7#34982615) |
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Date: December 22nd, 2017 7:54 AM Author: razzle-dazzle citrine parlour really tough guy cr. i know many ppl not getting in the cryto game b/c they think they're priced out since they "can't afford a bitcoin." it's as if 7-11 only accepted $100 bills for a stick of gum. (http://www.autoadmit.com/thread.php?thread_id=3836696&forum_id=7#34982620) |
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Date: December 22nd, 2017 1:43 AM Author: Sinister lodge selfie $10k (http://www.autoadmit.com/thread.php?thread_id=3836696&forum_id=7#34981636) |