double digits they said..
2012 = 10 USD
2013 = 100 USD
2014 = 200 USD
2015 = 300 USD
2016 = 400 USD
2017 = 800 USD
2018 = 1000 USD
2019 = 1500 USD
2020 = 2000 USD
you can't fight trusted money.
because fiat money is not the people money anymore.
Topic: Bitcoins going down they said (Read 1602 times)
2012 = 10 USD
2013 = 100 USD
2014 = 200 USD
2015 = 300 USD
2016 = 400 USD
2017 = 800 USD
2018 = 1000 USD
2019 = 1500 USD
2020 = 2000 USD
you can't fight trusted money.
because fiat money is not the people money anymore.
"They" were obviously wrong, looking at the value of bitcoin today, it's hard to believe that bitcoin could ever go back down to double digits. I agree with most of the people here saying that something big has to happen for bitcoin to drop down that low. If it does, I wouldn't be too worried about it, Bitcoin is able to recover from that as it has in the past. If it does goes back down, which I really doubt, I would take my chance and buy as much as I can.
Yes, I don't think so as well! Double digits seem as unrealistic as anything at this moment! I guess that the $200s will be remained as the last great entry point for the Bitcoin and all of the ones that missed this entry point have something to feel sorry for!
After all, they had only about 10 months to get into the game!
Who are they? Do you just want to talk down bitcoin. Without source and evidence, people will not treat that seriously.
You will find plenty of evidence of double digits predictions all over the chart guys threads during last winter. Here is one prediction by a chart guy called RyNinDaCleM. They were predicting $80 coins, and sometimes $50 coins last winter, but they cheapest they went to was $150.
it's charts like this that lead me to hesitate on calling this a top though, how do you see this developing if your model was invalidated and the bull run were to continue?
https://www.tradingview.com/v/nOHd1wTW/
https://www.tradingview.com/v/nOHd1wTW/
The analysis given is a local count. it may fit within the bigger picture in many ways including that count. Im not sure about that one though, I dont think falling wedges may occur in wave position A.
Yes, you can have a leading diagonal in wave-A however, it will be just like a wave-1 LD in that it will have 5 clear, impulsive waves. Takes form of 5-3-5-3-5 and has overlap of 4-1. It fulfills two of those requirements, but not the impulsive one. If it were a LD, the B would hit 50% of the fall from 1163-152 in very short order and the C will very likely end up in the double digits. I do not subscribe to a LD formation, personally, but that's not to say it's not a complex correction taking the basic shape of a diagonal.
I personally would think a slow and steady growth like we've had the past few weeks would be very bullish?
Is that a statement or a question?
Wow the defamation and even more so, the quote taken out of context.
That was not a prediction. I was replying if the year of down trend was a leading diagonal then a C would go there. Reread that and tell me where I said anything that can be construed as a prediction. I even said I don't subscribe to the LD scenario, ffs.
double digits they said..
Im interested here.
Care to share some of the links who are you talking about then we will discussed some of the basis they will shown here in the community. I will wait.
There was a poll about it with a few sub $100 predictions. There are a few sub 100 posts copied below the link.
POLL:How likely do you think it is we see double digits in 2015?
I posted a screenshot of this chart guy's post so you can see his signature says the sentiment's still bearish now.
This I said and there is nothing that has invalidated it yet. I however, still never said 100%.
You guys seem to be missing something here. Nothing about TA is 100% guaranteed. You all seem to think that perfect accuracy is mandatory for someone posting their analysis (for free). Well, I got news for you, no analyst ever has had a perfect track record. I've made some mistakes, but if you look at my thread, you will see that few members here had the accuracy that I did. I actually had to stop because the front running of my calls was such that it began affecting my own trades.
My sig is MY sentiment. Not what I see in this forum. Otherwise it would say something like "exuberantly bullish" or "bullish delirium" or something to that effect.
You guys certainly do claim victory prematurely, but that's ok! You also watch as your net worth bleeds out. That's ok too. Some just don't have it, and again, that is ok. But you have no right to bitch if you contribute ZERO useful content of your own. I at least, put myself and my analysis on the line (whether right or wrong).
"They" said 900, 800, 500, 300...etc, was the bottom. "They" said it could never go that low. You know what? "They" were wrong too, but it's ok since those were bullish calls. I get it! One sided bias is ok around here as long as it conforms to the status quo.
Good times, guys, thanks!
I will just add why bitcoin will not reached in a double digit price today and in the next upcoming years
- many do buy everytime the price is dipping and actually even at today's price, many still buying.
- to bring down the price to double digit, it needs massive dump to increse the price down 'but' it will just lead to the first one I stated
- many set their target to buy at 400 , 350 , 300 so still bears can't still break the resistance of that floor down to double digits as volume will just bounce back again and again
- many do buy everytime the price is dipping and actually even at today's price, many still buying.
- to bring down the price to double digit, it needs massive dump to increse the price down 'but' it will just lead to the first one I stated
- many set their target to buy at 400 , 350 , 300 so still bears can't still break the resistance of that floor down to double digits as volume will just bounce back again and again
Completely agree with your statements even I do buy Bitcoin when the price is less may be around $250 - $300 but it's almost impossible to go back to double digit.
I will just add why bitcoin will not reached in a double digit price today and in the next upcoming years
- many do buy everytime the price is dipping and actually even at today's price, many still buying.
- to bring down the price to double digit, it needs massive dump to increse the price down 'but' it will just lead to the first one I stated
- many set their target to buy at 400 , 350 , 300 so still bears can't still break the resistance of that floor down to double digits as volume will just bounce back again and again
- many do buy everytime the price is dipping and actually even at today's price, many still buying.
- to bring down the price to double digit, it needs massive dump to increse the price down 'but' it will just lead to the first one I stated
- many set their target to buy at 400 , 350 , 300 so still bears can't still break the resistance of that floor down to double digits as volume will just bounce back again and again
That's impossible and i dont believe it that the price will going back to 40-50.
Users of bitcoins is increasing and there some business online using it. So i think it is impossible to going back to double digit..
i hope it will not gonna happen "hard as steel"
Users of bitcoins is increasing and there some business online using it. So i think it is impossible to going back to double digit..
i hope it will not gonna happen "hard as steel"
"They" were obviously wrong, looking at the value of bitcoin today, it's hard to believe that bitcoin could ever go back down to double digits. I agree with most of the people here saying that something big has to happen for bitcoin to drop down that low. If it does, I wouldn't be too worried about it, Bitcoin is able to recover from that as it has in the past. If it does goes back down, which I really doubt, I would take my chance and buy as much as I can.
"They" said the internet would never replace the fax machine. "They" said a rocket would never be able to leave the Earth's atmosphere. "They" said flight by machines heavier than air is unpractical and insignificant, if not utterly impossible. "They" said the horse is here to stay but the automobile is only a novelty – a fad. "They" said this ‘telephone’ has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us. "They" said fooling around with alternating current is just a waste of time. Nobody will use it, ever.
"They" said a lot of things about new discovery, technology and innovation. But "They," it turns out, apparently know absolutely fnck all about anything.
"They" said a lot of things about new discovery, technology and innovation. But "They," it turns out, apparently know absolutely fnck all about anything.
Thanks for the post.
Anyways some of them I considered failed as now. An old post but even a 1% glimpse to their predictions, there is no quite stable basis they showed. Just like others, its only a speculation.
Not going to happen anytime soon unless something drastic happen. Right now it will fluctuate and raise in value year by year until it either disappears or become a worldwide standard for certain payments or worldwide transactions. Perhaps it can be some sort of nexus between fiat and digital transactions if adopted by banks and credit cards.
double digits they said..
And what should you learn from that?
Don't believe what others are saying. Check the situation and try to make your own conclusions!
And who is "they" by the way?Any names, sources, links maybe you can show us?
However take this as a lesson!
double digits they said..
Im interested here.
Care to share some of the links who are you talking about then we will discussed some of the basis they will shown here in the community. I will wait.
There was a poll about it with a few sub $100 predictions. There are a few sub 100 posts copied below the link.
POLL:How likely do you think it is we see double digits in 2015?
I posted a screenshot of this chart guy's post so you can see his signature says the sentiment's still bearish now.
The fact that the majority here thinks that there is no chance for double digits to happen makes me think that double digits is going to happen. Maybe even 40-50 dollars.
chances are very small to even not possible as the halving is getting closer which at some point this year will make people hoard bitcoin to not miss the train.
Guys come on. Forget the halving myth. We know well in advance every halving in the next century!!! These things are going to be priced in long before the happening. It will not have the influence you suppose it has.
If $210 doesn't hold we will see $60-120 almost for sure. Selling pressure and mining alone will lead to a price decline even if all the holders don't fold.
The sentiment is still 50/50 - it feels too bearish and too bullish at the same time. Don't know, what I should make of this. -> Well, waiting seems the best for now. Plus having 50% in fiat and 50% in bitcoin. Buy, if we break $240 - sell if we break $210.
I believe there's 100% chance that we will see double digits within 8 months. Bitcoin prices have been steadily and consistently declining for over 16 months. And it will continue the trajectory for the next 8 months or so, without a major breakthroughs like the Winklevoss ETF. With or without the ETF, the next halving will have an effect on the price. By the end of 2016, we will see the btc price rise to $5000. However, there's still more blood ahead in the short to medium time frame.
This is a post from a chart guy thread full of sub 100 predictions.
Seems we (may) have completed 3 of 5 waves down, which for me begs the question of whether this impulse will be the entire final leg of the 2-year bear market, or just the start of it ((1) of V of (C))?
If the former, it may likely end as truncated/double bottom depending on how far the 5 extends. If the latter then capitulatory wave to lower 100's/double digits is still on the table, although (2) will probably need to retrace very heavily (ie to ~$260's) for the rest of the impulse to maintain reasonable fib proportions.
Curious to hear your guys thoughts on this, or any alternative counts.
If the former, it may likely end as truncated/double bottom depending on how far the 5 extends. If the latter then capitulatory wave to lower 100's/double digits is still on the table, although (2) will probably need to retrace very heavily (ie to ~$260's) for the rest of the impulse to maintain reasonable fib proportions.
Curious to hear your guys thoughts on this, or any alternative counts.
With "double digits" they mean "less than 100" (sorry I am not a native English speaker).
In that case, I doubt it will happen. In fact, as things are going right now, it seems to me that it hardly will go lower than 250 at least in a long time.
In that case, I doubt it will happen. In fact, as things are going right now, it seems to me that it hardly will go lower than 250 at least in a long time.
"They" are crazy, there are a lot of people who are butt hurt and want to see bitcoin crash. I really doubt that we'll ever see double digits again. Something has to go terribly wrong for this to happen. Hopefully it won't.
Maybe it goes down, but is not yet over in the future bitcoin will just increase.
So better have some bitcoins now before the rocket goes.
So better have some bitcoins now before the rocket goes.
Anyone who held or accumulated heavily in the low 200's is happy right now and the price could easily double again from here.
double digits they said..
Im interested here.
Care to share some of the links who are you talking about then we will discussed some of the basis they will shown here in the community. I will wait.
That's why you shouldn't believe everything "they" say.
Trust your instincts and do some research yourself and you should come a long way.
Trust your instincts and do some research yourself and you should come a long way.
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