Where will Bitcoin be on 9/4/2018?

Still in the 8000's, been there for
days. Just like when it was stuck
in the 12000's, this isn't good news
because it means the heavy hitter
buyers are barely keeping up with
the desperate sellers. It looks like
stability but it really isn't at all. The
scammers are propping it up for
one more big kill, but at this point
god knows if it will ever go that
high again..

BTC peaked at over $1100 near Thanksgiving in 2013. I was given some coin in summer 2014 at ~$600 and sold it in two weeks. I thought I had made out because by the end of the summer it dropped below $500 and remained under $500 until summer 2016 (at one point dipping below $200).

Quote: Evenbob

but at this point god knows if it will ever go that high again..

The price is running on sheer emotion, it has no basis in any business economics. It could just as easily go to $30K as $3K. Ripple is back to parity with the USD. There could be a run on that as well since it is not hampered by the problems of mining that face BTC.

Perhaps someone needs to invent a cryptocurrency that remains at USD parity. As more investors enter, they simply sell more coin. The advantage over commercial bank money is the ability to move up to $10,000 with just a swipe of he smart phone

Quote: Pacomartin

BTC peaked at over $1100 near Thanksgiving in 2013.

It's trying to go under $8000 again,
dropped $500 today.

A Harvard economist told CNBC Tuesday, March 6 that Bitcoin is “more likely to be worth $100 than $100,000” by 2028... Basically, if you take away money laundering and tax evasion, [Bitcoin’s] actual uses as a transaction vehicle are very small.”

LOL!!

BC was at $11,600 on Monday and
at one point was $8300 today. It's
just not doing well, but other crypto's
are doing even worse.

https://www.coindesk.com/bitcon-price-btc-usd-worst-performing-crypto-march-9-2018/

Ransomware refers to viruses that lock up your computer and make some threat. You have to pay a sum (usually $100 to $300) to free your computer or to kill the virus.

The first known ransomware attack occurred in 1989 and targeted the healthcare industry, particularly AIDS research. It was distributed on floppy disks, and w as activated on the 90th time you ran the program.The demand was for $189 and $378 for a software lease.

Crypto Wall has generated over $1/3 billion.

Ransomware makers love the idea of crypto currencies. Central banks in northern Europe (Sweden, Norway, Denmark, Iceland and Britain) who may create national digital crypt currencies should think about ransomware.

Over $60 Billion Wiped Off Value of Cryptocurrencies in 24 Hours as Bitcoin Slide Continues

Prices of major cryptocurrencies saw a sharp downward slide Thursday, amid closer regulatory scrutiny on the space and after Google announced plans to ban advertising related to the sector.

https://www.cnbc.com/2018/03/15/bitcoin-price-over-60-billion-wiped-off-value-of-cryptocurrencies.html

No ads on FB or Google, the Twinkletoes
Twins are suicidal..

The total crypto coin market cap which peaked at $834 billion on January 7th is down to $333 billion today. BTC is at $8660. I may win this contest after all.

BC has been hanging in the 8000's for
weeks, not a good sign. It means the
big players are buying and buying
what the little players are selling, hoping
for a big spike. I don't think it will
happen, too many places banning
crypto's outright.

Quote: Evenbob

BC has been hanging in the 8000's for
weeks, not a good sign. It means the
big players are buying and buying
what the little players are selling, hoping
for a big spike. I don't think it will
happen, too many places banning
crypto's outright.

Cryptos cannot really be banned. Too many holes. I look for 90% of the coins to fail, then the big coins will go up again. Same theing happened in tech in the 2000s. In PCs in the 1990s. In autos 100 years ago.