It seems to me that we are on track where we left early january. The People Bank of China tried to manipulate the price (my opinion) by excelling 1 news item over a period of several days.
With the currency markets being very insecure and the big media attention bitcoin got just 1 month ago (when hitting 1k) i got a feelings more and more investors (Wallstreet, private equitity firms etc.) will jump on the bitcoin train.
Kim Dotcom sees bitcoin hitting 2000 USD and becoming mainstream. and I quote: "MU2 and Bitcache will take #Bitcoin mainstream. I expect Bitcoin to hit the $2000 mark within 2 years."
Bitcache purports to be a blockchain-powered method of attaching Bitcoin microtransactions to file transfers. Other endeavors have sought to intertwine the two in the past, with last year’s release of Joystream, a torrent client which pays users for sharing files in an effort to stabilize the distribution of files. Joystream works by creating a market for consumer bandwidth. Conversely, Bitcache will underpin the second version of Megaupload. The general purpose of Bitcache will be to attach a value to every file download as well as protect user privacy through encryption.Dotcom has been alluding to his ability to boost Bitcoin for quite some time. Last February, CCN reported on Dotcom saying that Mega, his encrypted file-sharing service which overtly protects user privacy but is more receptive to takedown notices, would “give Bitcoin a boost.” This statement came on the heels of various payment processors choosing not to work with Mega.
Source: https://www.cryptocoinsnews.com/kim-dotcom-sees-bitcoin-hitting-2000/
Today's volume is already on over 150 million USD, and the money is (again) coming out of china as you can see in this graph:
Well I don't expect it going mainstream not before 2020, nor getting to 2000, but reach in a new ATH at the end of this year may be possible. What do you guys think?
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