Bitcoin's future known by years end.

1 Sep 2016

With nothing new to offer the cryptocurrency world Bitcoin is a fledgling technology that may die. By death I mean in 20 years it will be used by retro nerds to make transaction with each other using the world's oldest crypto currency on block chain rather than be the underlying blockchain of the internet of things. I have made solid lines of my projection for Bitcoin in the next 3 months. I believe it will rise to test 700 one last time before it falls to it's fate.

Whether Bitcoin lives or dies it has had a tremendous impact on the condition of mankind. It has ushered in a new era of finance that will change the world forever.

9 Nov 2017

Catatan

I was wrong!

Bitcoin did not die as expected. What I have learned is that the first mover advantage is stronger than I use to believe. Regardless I have been making a killing betting against Bitcoin in the form of alts.

I believe Bitcoin will not be the center piece of crypto in the long run. It will be crossed by another project which will cause massive swings in the prices of many coins as a result.