Topic: 280->400->350->600, New ATH late 2016 - page 2. (Read 2434 times)
i certainly hope so, but i think late 2016 is still to early for a new ath. but bitcoin has proven many people wrong and surprised us so many times. anything can happen.
You are thinking that halving time would be amazing, I also hope so.
But it can also go the other way.
What if the prices fall and miners start to leave mining because their income will become halved?
But it can also go the other way.
What if the prices fall and miners start to leave mining because their income will become halved?
If there is demand that is awaiting the ETF then watch out folks, this bitch is gonna get wild as a mother fucker. These wall street broker types and hedge funds that are peeping this fund coming on line will make the price go moon and then some mark my words. The Wink bros have some fame and that is what will drive their fund to the top. Now is the time to keep picking up the cheaper coins!
I hope you're right, I think it would make a lot of us very happy. ETF, Gemini, adoption are all good additions, but they're all things that I would expect to be priced in to some degree by current watchers. I think exposure to average Joe could be more powerful than all other influences if that should come to pass, especially if something made people lose faith in the current fiat system (though from talking to people who have never heard of BTC it seems that has a long way to go, as they still think money in the bank is something they own and is surety).
What is your reasoning for the increase, a lull and then rocket scenario in the chart?
What is your reasoning for the increase, a lull and then rocket scenario in the chart?
The bull run to 600 is the pricing in of the halving, plus possible global economic troubles later this year. The lull on the chart will be some form of stabilization due to little new money coming in but people are hodling in anticipation of the halving.
I do not think the ETF will be fully priced in because there is still so much uncertainty around it. When it is approved, the mainstream media exposure combined with the real effect of the reduced supply due to halving will push us to new ATH.
ETF, Gemini, adoption are all good additions, but they're all things that I would expect to be priced in to some degree by current watchers.
The whole point of all those happenings is to drown current watchers in a sea of fresh blood.
There are already some quasi equivalents such as the KNCminer ETN and Itbit which haven't set the world on fire so I'm not sure they'd be a magic bullet, but it all builds towards a brighter future anyway.
The coin etf is a different ball game. And Gemini is a step closer to that occurrence. So they will both be highly bullish events IMO.
If they happen. The halving will support the price as it looms closer.
ETF, Gemini, adoption are all good additions, but they're all things that I would expect to be priced in to some degree by current watchers.
The whole point of all those happenings is to drown current watchers in a sea of fresh blood.
There are already some quasi equivalents such as the KNCminer ETN and Itbit which haven't set the world on fire so I'm not sure they'd be a magic bullet, but it all builds towards a brighter future anyway.
I hope you're right, I think it would make a lot of us very happy. ETF, Gemini, adoption are all good additions, but they're all things that I would expect to be priced in to some degree by current watchers. I think exposure to average Joe could be more powerful than all other influences if that should come to pass, especially if something made people lose faith in the current fiat system (though from talking to people who have never heard of BTC it seems that has a long way to go, as they still think money in the bank is something they own and is surety).
What is your reasoning for the increase, a lull and then rocket scenario in the chart?
What is your reasoning for the increase, a lull and then rocket scenario in the chart?
Posting this here for future humiliation or exaltation, mid-long term price prediction. New ATH I think $2-5k, after halving and ETF.
The flat part in 2016 is a question mark, won't be that flat obviously but relatively stable.
The flat part in 2016 is a question mark, won't be that flat obviously but relatively stable.
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