My Near-term Bitcoin Forecast
It's pretty straightforward with btc isn't it? I agree with your graph work.
Personally I've moved much of my holdings into ether and some other alts. It seems so much more stable despite the fact that it's price is still largely driven by bitcoin's value. The swings are less violent % wise. The rationale for long on ETH is that so many ERC-20 companies are taking shots, many of which have real problem solving abilities. Something has to stick at some point, right?
Is it correct that ETH is able to use the Hedera Platform? If so are we prepared to write Bitcoin off? Where is the value added to come in Bitcoin? Hedra is looking very mainstream and is a tool for the masses but not owned by the masses. Yet as per Ernies 2nd last video he brings up the analog synopsis of Bitcoin flux and it either looks like Whales or several exchanges monopolizing the direction of trade. We the public will therefore have to live with manipulation whether we choose to go mainstream or alt. Therefore it seems like there will be value in either system due to ability and public sentiment of the different systems available. I think baring a madmax (apocalyptic scenario) a $200 dollar Bitcoin price would be very appealing.