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There will always be enough Bitcoin...

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@oaldamster
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Yet, a lot more expensive.

While doom and gloom believers state BTC will go down to worthless.

It might go up instead?

When I look at the whole pattern, taking the lowest point into account, then 7100 USA Dollar might be the current bottom. It could drop slightly below that number, as low as 6800 even. Maybe it is the weather pattern of the Northern Hemisphere? It does resemble last year its pattern, only then it was about 3K lower on average. Those gloom and doom spreaders might be wrong, so far it aint half bad. Maybe those peak values are merely a hype effect and are followed by disappointment. Though in the long run, things do go up, even if one would take the lowest points to draw a line, it does show an upward movement over time. The halving will come in 2020, making it harder for miners to get them some BTC rewards. This might reflect on the price, moving to double numbers, somewhere between 14000 and 15000 in the first quarter of 2020. More or less in line with the bottom values over time, that seems to be a possible target for next year.

The claim that there are only 3 million BTC left to buy is a bit strange, there will always be enough Bitcoin to buy. Mining Bitcoin is a different story though, yet newly created BTC will go on for a long time. It will slow down more and more each new halfing though. Therefore the logic reasoning might state that this should have an influence on the price development towards an upwards movement. Hard to imagine that BTC could drop to a 4K bottom. It just seems highly improbable that Bitcoin will ever see a 3000 value again. So, in the long run, the movement should go up, otherwise the pattern of the lowest values over time would need to show clear proof. Meaning that it would have to drop below 3000 USA Dollar soon. As some gloom and doom believers claim every time the market follows a deep downward trend. Almost as if they would want that to happen. Maybe they feel bad that they did not buy at 700 USA$, who knows...

My guess is that the top 100 will be the place to be for any kind of Cryptos. And most will merely follow the price development of Bitcoin BTC, I think. There will enough BTC to buy on the market, with a side-note that it will become much more expensive over time. And if all goes well, the first quarter of 2020 will prove that, where I expect a value between 14000 and 15000 USA Dollar will come in play.

May the Cryptos be with us!