Prediction: 100K Bitcoin and 10 Trillion Dollar Crypto Market Cap by end of year 2018 #bitcoin #ethereum
First off this is not financial advice. No individual here is or has ever been a financial adviser. Nevertheless we are calling 100K USD bitcoin by end of the year 2018 and 5k Ether. Plus for sh*ts and giggles we threw in a 10 trillion dollar market cap prediction to make it look more legit. Essentially we are in a HODL position on these two cryptos and will be until new years morning 2019 when we will reevaluate, check coinmarketcap and post a follow up.
What is your reason for this prediction?
I viewed someone make a similar prediction on the interwebs and the youtoobs yesterday so I thought I would copy their prediction because I have been very lazy lately and there is safety in numbers. Additionally, last night I had a very lucid dream full of unicorns and lambos and it was very vivid. This morning I woke to red numbers up and down at coinmarketcap and promptly took a long cold shower. Shortly thereafter I wrote this lame ass prediction.
Are you going “Full YOLO” again now or anytime in the future?
Negative.
Are you the real Satoshi Winklevii?
Yes.
Why are your posts so short?
See answer to question #1
All the best in 2018. We will be right back with more stuff!
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In a Monday, the company cited “choice” as part of the “bitcoin ethos” as motivation for letting wallet holders decide the nodes they want to relay transactions with.
Our latest release, v 2.4.1, is now out in iOS and Android!
“We realize that part of the bitcoin ethos is choice, and while consensus eventually needs to be met, the process by which we get there involves a vote on how to move the protocol forward,” the post reads.
Airbitz hopes to enable users to exercise their vote and support their protocol implementation of choice.
Scaling-Heavy But Still Neutral?
The move appears heavily tied to the ongoing bitcoin scaling debate. Airbitz users can now select whether to use nodes supporting a specific solution, such as bitcoin Core, bitcoin Unlimited or bitcoin Classic.
The wallet provider has traditionally taken a neutral stance towards any one solution, criticizing those taking sides at the expense of progress.
“At Airbitz, we do not take a stance on preferring one implementation of bitcoin over another,” a previous from March read.
Instead, we believe the industry needs both bigger blocks, like bitcoin Unlimited proposes, and scaling solutions, such as Segregated Witness from bitcoin Core.
It added at the time that a hard fork of the bitcoin network “is both unlikely to happen, and unlikely to result in the continued existence of the weaker chain.”
No Full User Control
The latest incarnation of the wallet meanwhile privileges connection quality over customer preferences.
“The Airbitz architecture by default connects to various Electrum based public bitcoin nodes to query and send transactions to the bitcoin network,” Monday’s post continues.
Part of that architecture, which is inherent to other mobile, light-client SPV wallets, is to choose nodes that follow the longest chain.
“You can enter as many servers as you wish, but note that Airbitz will only connect to 4 nodes and will chose those that provide the best network connectivity.
The release mimics that of bitcoin Core’s , which facilitates an opt-in system whereby non-SegWit supporting miners can still be accepted.
Airbitz has also taken an increasing interest in in recent months, having in November partnered with Wings.ai to increase its Blockchain app security portfolio.
What do you think about the new Airbitz wallet? Let us know in the comments below!
Images courtesy of Airbitz.co, twitter.com, Shutterstock
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