If you disagree, what's your end of the year prediction?
I think it all depends if the bear market breaks this year. If it does then I think 2K or more is reasonable. If not then we will likely stabilize around $500.
Weren’t you saying that the lack of interest in the launch of Local BCH and the May upgrade were determining factors that BCH would stay low & lucky if hitting $700?
Whereas I was pointing out that I disagreed because I feel that the price is reflective of the state of the entire crypto space bear market not the launch of local BCH and may upgrade.
Yes, but if nobody is jumping in with the updates, then it's not likely the entire market would go up either. I could see the entire market energized because of the BCH Updates.
I think general adoption and use will have more effect on the price than updates. Updates are important, yes, however no one cares about an update unless they are using it.