The best time to buy was yesterday. The second best is today.
I see the trajectory. It's 2017 and it very well could go ten fold, again.
When Bitcoin came out, I remember its price would increase by a factor of 10 each year until in late 2013, when it reached its peak.
It was so huge, the longer term momemtum getting back to its ATH seems to be ready at any point. At any time, it could go 90 degrees again, following the same pattern, with longer-term intervals for future ten fold increases.
Thoughts...
>>1992430
regulatory and institutional acceptance is the next trigger
BTC is too slow lmao have fun with your funds not showing up in your wallet for 2 hours. It's fucking dated.
It's high right now because bitfinex blocked USD withdrawls so the value is inflated.
>>1992430
>Bitcoin is still in its early growth phase
>growing from 20 billion is just as easy as growing from 20 thousand
>>1992430
hold on there lil buddy:
https://bitcoinmagazine.com/articles/op-ed-contentious-hard-fork-isnt-only-nightmare2/?utm_content=bufferd913e&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
>>1992436
this.
I tried explaining to my normie friend and he said it'll never catch on, when life is so fast and you need instant transactions
Even a normie can understand it. A normie who didn't have a clue about crypto.
>>1992441
>"but this is a market of trillions anon"
>>1992436
>BTC is too slow lmao have fun with your funds not showing up in your wallet for 2 hours. It's fucking dated.
Stop spreading lies it only takes 1 hour to transfer!
>>1992450
We know we won't be buying groceries with bitcoin, we won't be buying groceries with gold either.
>>1992612
You'll be buying them with Litecoin
>>1992664
only if youre chinese
>>1992450
It won't catch on for currency, but for commodities and investments in other crypto it's always useful. Look at all the exchanges and altcoins right now.
All roads lead to Bitcoin.
Bitcoin is going to be a store of value and used as media between governments and corporations in the future. It's gonna hit a price target of at least $40,000. Feel free to cap this.