You can say whatever you want in 2 years, like so many economists, and it does not mean anything. If you are good, make some near term predictions so that people will believe you (or ignore you).
Fair enough!
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I said 2 months ago Bitcoin would go to $150-$200 (it was sub $100 at the time) on ETF rumors in the coming few weeks, which it did, it went to $150 within like 2-3 weeks and now we're sitting at over $200.
- I said we'd see 300 Alt coins within 12 months, 5-6 months ago when there were ~12 coins, and 3,000 the following year. We are now at roughly 100 alts with another 7 months to go.
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3 weeks ago I said Litecoin and scrypt coins were about to get killed by a surging Bitcoin and since then Litecoin is down 60% and most Scrypts are down even more.- Now I'm saying Bitcoin will get the ETF license and it's gonna happen in the next 2-4 months, and there's a good chance it will happen nov-dec of this year (
which i know is a near impossibility as the diamond ETF, a real asset, has been in the application process for ~3 years now) and I think this current Bitcoin run is banker speculation based on Silk Road shutdown and/or ETF insider leaked rumors that the ETF in fact is a done deal.
- I think we're gonna hit $250 in a day or 2 and then we'll get a sell off back to $150's (textbook retracement) followed by a few weeks of consolidation and then a massive run over $300 in Nov-Dec.- And I'm gonna stick to my prediction the ETF will cause a massive run past $1,000 for Bitcoin, within 6-12 months of approval,
and at some point next year 1 Bitcoin will sell for more than 1 troy ounce of pure gold.
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After the ETF license and the start of a massive run in Bitcoin I predict we're gonna see the official adoption Of Bitcoin by a nation state, and my number one choices are either India or Argentina, or possibly China (in that order) - but for sure one of the BRICs. This [digital] currency swap by a country will lead to a chain reaction where more countries will adopt Bitcoin and some will choose a different currency but even one Country should take Bitcoin to $10,000 by 2015 - the year we should see a global currency collapse triggered probably by the Yen and followed by the Euro, Sterling and the Dollar, in that order. - Israel will also do a digital currency swap but I seriously doubt they'll join the rest of the world, they'll choose a different currency than the rest of the world which will pose some geo-political problems in the future.
- And I'm also gonna stick to my prediction that Bitcoin's metoric rise will crush and kill over 90% of the Scrypt coins, including Litecoin and most of the sha256 coins, with only a few surviving.
And finally, I predict that next year we will see the ascent of another crypto-coin, one which few ever expected to be the next wealth builder, which will return much more on a % basis than Bitcoin and that coin [in my opinion] will be ixCoin.
There, I am on record for some crazy and nearly impossible predictions and some are very near term.