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RE: Bitshares (BTS): Is More Mature in Elliott Wave Progression
@haejin, do you still have a long term target over $300 for BTS? It's so fascinating and has a lot of potential! And thank you for all you do!
From my understanding, the coins that rose to these levels like ETH and LTC brought something new to the cryptosphere, just like BTS did. So I believe $300 can happen !
Probably someday but as for now $3 would be life changing for me and my family. I can imagine when BTS gets to $300, Bitcoin would be extremely high and fiat might not be as important anymore. Who knows what’s going to happen with the currencies in the future. Scary but exciting for us who are early.
All those bearish months I was preparing myself for those $3 or more levels. It is actually really hard to "accept". I'm still learning and trying to understand how to do it right. And this price trip from $1 to $0.15 was very refreshing. 😂
It will be the greatest transfer of wealth in the world!! Long live BTS!
#BTC continued its decline and is now trading near the $ 9800 mark.
There is a possibility that the cue chart, like all crypto currencies, formed the "bubble blow off" scheme. This has already been two times: a fall from $ 32 to $ 2 in 2011, and a fall from $ 1175 to $ 230 in 2014.
Now 2018 and I'm guessing blowing from $ 20,000 into the $ 4000-5000 zone. Yes, there is a future for bitcoins, but realities at the moment are not the most positive. As they say, everything is cyclical. And now. The market punishes the weak and greedy players.
From a technical point of view, the trend is still downward, the trend line is not broken, and therefore further decline looks very logical.
I agree with you but then after the last bottom it will start going up again
super. Write your feedback if you like.
Is EOS a bigger opportunity? I worry that Dan Larimer's creation of EOS may leave BTS in the dust (and allow for an easy replacement of BTS with some other system that could be created on top of EOS)... I know Dan had to leave BTS for several reasons, and I am glad his dad @Stan is still working hard with BTS, I like both of them. Dan Larimer seems like a genius to me (as does stan). I really do hope BTS booms when regulation starts hitting centralized exchanges.
EOS is just a platform for Apps like Bitshares. EOS is an opportunity for BTS.