Bitcoin looking like it needs a more formal retest of the previous resistance on the daily, it’s a bit tired. What does that mean!? It means look forward to some more expensive MAID and alts in general.
Bitcoin is behaving like a child but maid is getting a nice bump for the moment
I feel like a peek above £1 is coming up !!!
I read that it is partly due to newbie investors getting wrecked in leverage trading through price manipulation.
leverage is a quick teacher its just a shame she doesn’t leave any money in your account after the lesson !!
Yes I feel like most traders or investors at some point have a bad leverage story, kind of like there’s always a few bad booze stories that stick with you. Both with show you very quickly how stupid you are.
Did we just ATH?
I don’t think we got there
Yeah this is definitely playing on the emotions of all the holders here and test net hype and crypto hype. Someone’s accumulating.
Well at these ridiculously low prices for an emerging new global scale technology giant, I don’t blame them
Really the cryptographic regulations, will they let us continue to grow? Will the price increase so much so that it remains attractive to accumulate? What price would the ceiling be so that it is no longer “profitable” to continue accumulating?
At least $50 for me
1 billion market cap within 3 months
I think another $1 from here would be relatively dissapointing in the next 3 months with everything that is going on.
At the current rate, the price is doubling every month or two. If that trend continues, $5-10 would seem feasible in 3 months.
True, it can move quickly…and I really hope it does But a lot of predictions pre testnet were saying circa $1 would be very conservative when testnet arrives.
While it is hanging around $1.20 (which is fantastic), it hasn’t blasted through $1.
But with the speed of testnet iterations, the obvious improvements each one brings… things could change really quickly. I still think this is ridiculously undervalued - it just might take longer than people think to gain massive price increases but I’ve no doubt it will come in time
There’s a Bankless podcast episode earlier this week where they talk with a SEC regulator, quite a good listen.
Not that time matters in the big picture but I’m not sure if there is a “standard” number of versions of testnets that are normally done or at what point enough is accomplished to go to Fleming. That timeline or amount of versions could have an impact on the 3 month outlook. I think the higher price predictions were more for Fleming and beyond. Not just a testnet but I could be wrong.
Fleming could be hit in v4 or v15… I guess no one knows until it happens but we know it’ll happen at some stage, as the team are so dedicated.
When the testnets are more user friendly to the layman (nice simple gui interface) that can be easily linked / shared to the masses - things could really get interesting really quickly. I’m sure this will happen down the road
I think last time we had test nets, the price growth accelerated in the weeks/months after test nets were released. So, I suspect we will continue to see a test net dividend paying off for a good while yet.
Moreover, as each iteration gets better, it will generate more excitement and positive speculation. It will also enable folks to start talking about it, promoting it and developing apps for it. The progress will be infectious and will pull people in.
In short, we’re just getting started!