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RE: Leading German TV Channel Broadcasting About Bitcoin: "It's Not Longer A Hype Only Speculators Are Interested In. Now The Established Financial Industries Are Entering The Crypto Market."

in #bitcoin7 years ago

It's Not Longer A Hype Only Speculators Are Interested In. Now The Established Financial Industries Are Entering The Crypto Market.

Sounds like we're in a "new paradigm"....

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Yeah! Or we are at "media attention" and there is still 70% of raise in value to be expected :-)
What a thrill.

For us, who are already in it, it feels like we're in a new paradigm.

But if we take an outsider's point of view, we are only in phase 2. Maybe even at the very beginning of phase 2.

That's why I'm thinking "why would Bitcoin only grow as much as it did this year?"

The biggest growth will be in 2018 and 2019 (I think). Not only because that's how market curves go, but the economical crisis which is forecast for those same years will give things an additional push. So 10x in 2018 is not such a crazy thought. And definitely in 2019. That would bring us to $1 million...

So I'd say, don't wait :)
Though I do have a feeling once Bitcoin pushed through the $11,000 (today?) it will drop significantly again. I'm waiting for the discount at the moment :)