When Will Bitcoin Hit $3,000?

When Will Bitcoin hit $3000

  • This Month (May)

    Votes: 9 30.0%

  • June

    Votes: 3 10.0%

  • Later in 2017

    Votes: 7 23.3%

  • Never

    Votes: 5 16.7%

  • Who cares....ask long as it goes higher!

    Votes: 6 20.0%
  • Total voters
    30
Pekelo said:
This doesn't make any sense:

1. If they are pegged to BTC obviously they would be rallying.
2. They are not getting murdered because they are also rallying.

On the other hand BTC's dominance in money investment is failing to altcoins.
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You are correct, pegged was most definitely the wrong term here. What I meant to say is that they may be traded against BTC much like forex. And so yesterday's Bitcoin rally killed altcoins profits against it. But yes, altcoins have seen a general rally much like Bitcoin.
 
Visaria said:
Bitcoin does not pay any income afaik.
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Not directly but there are swaps on BTC that pay out interest a la FX. You could also lend your BTC for margin financing. However you have to hold BTC for that and well.......
 
Pekelo said:
Just dropped$250 in 1 hour but now it is bouncing back. I voted never because I think we are very close to the blow off top...
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I was right again, BTC dropping 900 bucks in 2 days, now it is around 2000... Low was 1870ish...

When it is all over a 50% retrace and consolidation is very likely...
 
No biggie. Had a bigger drop percentage wise back in March. And early Jan. And June/July last year. And probably a few others I didn't look further back at.
 
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