2020 seem to have started quite well for some of the alt coin holders as some of the coins have lifted off quite well posting 20 % gains in a single day while bitcoin has been playing a side ways role to ride the price action.
Big year for bitcoin to speculate what's going to happen as many major events are lined up first up the halving which is coming sooner in Q1 and before that the price will be so much volatile learning from the previous charts analysis.
While in 2019 we have seen only one bottom will be see another or a lift off staright away not sure right now to comment on this as the sideways is something no one can predict 100% while ...
John McAfee who predicted bitcoin will touch $100,000 by the end of 2020 not so much time left the clock is ticking and if you are in crypto you must know what he said he will do lol.
and to reach that point for the price of bitcoin it has to show a growth of almost 13,800% you might think for a second straight away that it is impossible while coming back to the math in a decade BITCOIN prices have grown insanely so in a single year if this turns out to be true not a big thing for sure and those who has seen the bull market of 2017 its achievable.
What are your Prediction for 2020 ?
@blazing
My prediction is that BCH will pass BTC in market cap in the future.
Francis
no no no just no
I'm sorry. I didn't want to seem out of touch with price.
But, it is true.
Just as AOL was one of the leading internet startup companies.
And now is almost non existent.
So will BTC in the future be less important to the crypto world.
It is incredibly slow and even expensive when the volume rises.
Watch the market cap of BTC drop against the alt coins in the near future.
It will always exist. Just not in the leading group of crypto coins.
As far as speed is concerned. I have first hand knowledge of that.
BTC and BCH are so slow. They can never be used for everyday transactions.
XRP and ADA are so fast. Even DGB is very fast.
When moving them. They appear in the receiving address in seconds.
Time is valuable. Lightning fast transactions is needed for the masses.
Sure. Use case means a lot. But I will choose volume over name.
And it is coming. Starting this year I think.
Thank you
Francis