Calling top at $16500 (Even Newer!: $2483 bottom 19 Feb 2021 MtGox said so!) - page 31.

gentlemand

legendary

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Welt Am Draht

Quote from: cellard on November 22, 2018, 01:53:59 PM

Then how in hell can we still looking for a bottom in 2021? These things will probably raise the price to ATH way before the event happens due speculators trying to out-time each other.

This is the prediction of a man in lurve with Satoshi's Vision so I think it's safe to say that reason has left the room, quit its job and gone on holiday for a very lengthy time indeed.

cellard

legendary

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Quote from: Febo on November 21, 2018, 02:09:14 PM

Quote from: reactorjuno on November 21, 2018, 06:02:35 AM

You posted this in early February:

With a closing price in 2018 around $5500, we will see how things go next month but I must say, I am pretty impressed. Now I am waiting to see the price in May 2019.... above $10,000? I am holding now, will sell if the price ever goes close to $10,000.

As I said previously, the ETF could make things more unpredictable...

Man if you plan to sell your coins in 2019 you will have serious troubles getting them back cheap in 2020. But what do I know.

Quote from: gentlemand on November 21, 2018, 12:58:46 PM

Quote from: sgbett on November 18, 2018, 02:01:37 PM

Yes spot on, the bottom would be due on Feb 2021 and I think it would be ~2483

Snce BTC added segwit though, i'm not sure it will ever run up again like it did in the past.

Nearly two and half years to shed the final couple of grand? It could do it by the end of this weekend. I doubt that would be the absolute bottom but I would fully expect bottoms to be in the bag way before then.

No idea if and when there'll be another high or whether it'll be that low or lower. I am confident that by that point things will bear zero resemblance to how they look at present.

Feb 2021 is definitely the most late bottom called I ever heard.

I just don't see how it's possible, there's too much stuff in between happening. Like I said before, add in the equation BAKKT, which will enable Fidelity and ETF with potential trillions of dollars in speculation at stake. Then add in the halvening luring around reminding everyone that the supply is shrinking and the possibility to claim territory in the capital B blockchain will become a harder task.

Then how in hell can we still looking for a bottom in 2021? These things will probably raise the price to ATH way before the event happens due speculators trying to out-time each other.

Febo

legendary

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Quote from: reactorjuno on November 21, 2018, 06:02:35 AM

You posted this in early February:

With a closing price in 2018 around $5500, we will see how things go next month but I must say, I am pretty impressed. Now I am waiting to see the price in May 2019.... above $10,000? I am holding now, will sell if the price ever goes close to $10,000.

As I said previously, the ETF could make things more unpredictable...

Man if you plan to sell your coins in 2019 you will have serious troubles getting them back cheap in 2020. But what do I know.

Quote from: gentlemand on November 21, 2018, 12:58:46 PM

Quote from: sgbett on November 18, 2018, 02:01:37 PM

Yes spot on, the bottom would be due on Feb 2021 and I think it would be ~2483

Snce BTC added segwit though, i'm not sure it will ever run up again like it did in the past.

Nearly two and half years to shed the final couple of grand? It could do it by the end of this weekend. I doubt that would be the absolute bottom but I would fully expect bottoms to be in the bag way before then.

No idea if and when there'll be another high or whether it'll be that low or lower. I am confident that by that point things will bear zero resemblance to how they look at present.

Feb 2021 is definitely the most late bottom called I ever heard.

satosibtc1000

jr. member

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I do not think that you can trust MtGox and I do not see any signs that in 2021 there will be a decrease in the price but I think that now bitcoin will slip and then fall well again and however there is no need to guess two options here or outside the market or inside ! I for the first option )

gentlemand

legendary

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Welt Am Draht

Quote from: sgbett on November 18, 2018, 02:01:37 PM

Yes spot on, the bottom would be due on Feb 2021 and I think it would be ~2483

Snce BTC added segwit though, i'm not sure it will ever run up again like it did in the past.

Nearly two and half years to shed the final couple of grand? It could do it by the end of this weekend. I doubt that would be the absolute bottom but I would fully expect bottoms to be in the bag way before then.

No idea if and when there'll be another high or whether it'll be that low or lower. I am confident that by that point things will bear zero resemblance to how they look at present.

cellard

legendary

Activity: 1372

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Quote from: sgbett on November 20, 2018, 09:25:09 AM

Quote from: OgNasty on November 18, 2018, 07:36:45 PM

Quote from: sgbett on November 18, 2018, 02:01:37 PM

Yes spot on, the bottom would be due on Feb 2021 and I think it would be ~2483

Snce BTC added segwit though, i'm not sure it will ever run up again like it did in the past.

Interested in betting on this?

I flipped all my BTC for BCH... I'm already all-in! Wink

(now slowly transitioning to SV as I see it persist, and continue to deliver the Bitcoin I bought into back in 2011... opinions may vary! Wink

) so with that "full disclosure" out of the way here's my continued "permabear" stance explored further.

Looks like we are at decision time. Do we break $4250 and head towards mid $2500s?

I revised my original prediction as the initial rebound impulse wasn't as strong as I thought it would be, so the second is likely to be tempered too.

This permabear thinks we've exhausted the impulse down...Next stop 9500. What? say it ain't so why u no bearish? Well, because I think speculators are idiots Wink

Anyone else calling that? No? I didn't think so. Enjoy your swing trade. Don't forget to exit though, because the slide to 2483 will be even slower and all the more excruciating. (ahh, thats the "permabear" sgbett!!! lol)

Probably stick my head in about may time. See how things are going. Cheesy

GL All! (SV is Bitcoin!)

This is completely reckless behaviour. Going in all in on BCH (specially right now during the so called "hash wars" doesn't seem too bright too me. Decent predictions nontheless, im just not quite sure about that move. Perhaps also overly pessimistic on the long term with a BAKKT+ETF+halving combo around 2020 which would easily move it to ATH.

In case of doubt, you should have just kept the free BCH that you received when the bcash split occurred (as I did, not that I have doubts, but just because im just lazy and wasn't bothered to get the damn coins). That way you would be free of risk.

Remember that the white paper says it clearly: Accumulated proof of work is the real Bitcoin:

I know BCHers will arbitrarily spin this around too just like they arbitrarily add checkpoints.

reactorjuno

member

Activity: 322

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You posted this in early February:

With a closing price in 2018 around $5500, we will see how things go next month but I must say, I am pretty impressed. Now I am waiting to see the price in May 2019.... above $10,000? I am holding now, will sell if the price ever goes close to $10,000.

As I said previously, the ETF could make things more unpredictable...

sgbett

legendary

Activity: 2576

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Quote from: OgNasty on November 18, 2018, 07:36:45 PM

Quote from: sgbett on November 18, 2018, 02:01:37 PM

Yes spot on, the bottom would be due on Feb 2021 and I think it would be ~2483

Snce BTC added segwit though, i'm not sure it will ever run up again like it did in the past.

Interested in betting on this?

I flipped all my BTC for BCH... I'm already all-in! Wink

(now slowly transitioning to SV as I see it persist, and continue to deliver the Bitcoin I bought into back in 2011... opinions may vary! Wink

) so with that "full disclosure" out of the way here's my continued "permabear" stance explored further.

Looks like we are at decision time. Do we break $4250 and head towards mid $2500s?

I revised my original prediction as the initial rebound impulse wasn't as strong as I thought it would be, so the second is likely to be tempered too.

This permabear thinks we've exhausted the impulse down...Next stop 9500. What? say it ain't so why u no bearish? Well, because I think speculators are idiots Wink

Anyone else calling that? No? I didn't think so. Enjoy your swing trade. Don't forget to exit though, because the slide to 2483 will be even slower and all the more excruciating. (ahh, thats the "permabear" sgbett!!! lol)

Probably stick my head in about may time. See how things are going. Cheesy

GL All! (SV is Bitcoin!)

OgNasty

donator

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Leading Crypto Sports Betting & Casino Platform

Quote from: sgbett on November 18, 2018, 02:01:37 PM

Yes spot on, the bottom would be due on Feb 2021 and I think it would be ~2483

Snce BTC added segwit though, i'm not sure it will ever run up again like it did in the past.

Interested in betting on this?

sgbett

legendary

Activity: 2576

Merit: 1087

Quote from: Febo on November 15, 2018, 11:23:09 AM

Quote from: STT on November 15, 2018, 11:13:59 AM

Calling top at $16500 (Even Newer!: $2483 bottom 19 Feb 2021 MtGox said so!)

You are calling bottom on February 2021 or I dont understand that title? If I dont understand it, when do you expect BTC to bottom?

Yes spot on, the bottom would be due on Feb 2021 and I think it would be ~2483

Snce BTC added segwit though, i'm not sure it will ever run up again like it did in the past.

sgbett

legendary

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Quote from: fabiorem on November 15, 2018, 07:35:01 PM

Quote from: sgbett on August 16, 2018, 06:58:30 AM

However things have changed this time around. When we do reach the bottom, only BCH will bounce.

What version of BCH? Because I already saw three. Grin

If BTC is being handled to corporations, what can we say of BCH, which was heavily sponsored by Bitmain? And the first fork of it, announced by Jihan Wu? And this new fork, from doctor Craig?

They keep forking BCH, only to fuel ego wars. What this have to do with a P2P idea of money?

Why are they forking it, in the first place? Each fork they do, they weak BCH as a idea.

Also, if they are dumping BTC to cover the costs of their mining wars... those who will be buying it, are the bankers which they disagree with. Dont you see here a contradiction? Dont you see these bankers will use these cheap coins to fuel their projects?

My thought is that BCH devs should focus in payment methods, not on ego wars. Forget this nonsense about "Satoshi's vision", focus on the technicals and prove that you are a viable option. We can only dream of a anarcho-capitalist utopia, because the NPCs, who legitimize the power of the State and the banks, and which are the majority, will not let us go there. We can only have anarchy on the internet, but even the internet is being censored these days.

Would it surprise you to know I am with SV Wink

BCH forked off of BTC, in order to preserve Bitcoin per whitepaper. Same thing happened again. For me ABC is trying to add shit to the base layer that just isn't needed.

Bitcoin doesn't need improving, it just needs maintaining. Rock-star developers always want to show how they are the smartest kid in town though :/

Febo

legendary

Activity: 2730

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Quote from: fabiorem on November 15, 2018, 07:35:01 PM

Quote from: sgbett on August 16, 2018, 06:58:30 AM

However things have changed this time around. When we do reach the bottom, only BCH will bounce.

What version of BCH? Because I already saw three. Grin

If BTC is being handled to corporations, what can we say of BCH, which was heavily sponsored by Bitmain? And the first fork of it, announced by Jihan Wu? And this new fork, from doctor Craig?

BCH is going to get handled by corporations once Bitman will get sold to them. So if we hate Jihan Wu to manipulate, we will only see soon what the real manipulation looks like.

fabiorem

sr. member

Activity: 1400

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Quote from: sgbett on August 16, 2018, 06:58:30 AM

However things have changed this time around. When we do reach the bottom, only BCH will bounce.

What version of BCH? Because I already saw three. Grin

If BTC is being handled to corporations, what can we say of BCH, which was heavily sponsored by Bitmain? And the first fork of it, announced by Jihan Wu? And this new fork, from doctor Craig?

They keep forking BCH, only to fuel ego wars. What this have to do with a P2P idea of money?

Why are they forking it, in the first place? Each fork they do, they weak BCH as a idea.

Also, if they are dumping BTC to cover the costs of their mining wars... those who will be buying it, are the bankers which they disagree with. Dont you see here a contradiction? Dont you see these bankers will use these cheap coins to fuel their projects?

My thought is that BCH devs should focus in payment methods, not on ego wars. Forget this nonsense about "Satoshi's vision", focus on the technicals and prove that you are a viable option. We can only dream of a anarcho-capitalist utopia, because the NPCs, who legitimize the power of the State and the banks, and which are the majority, will not let us go there. We can only have anarchy on the internet, but even the internet is being censored these days.

WinslowIII

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Quote from: sgbett on December 07, 2017, 08:07:24 AM

Quote from: Bitcoinaire on December 07, 2017, 08:04:05 AM

The $3,000-$4,000 low will come in the blink of an eye. But first we retest $10,000 and maybe have a double top.

Yes it wont happen overnight, the $3700 bottom could be months/years if it follows the same pattern as before. I'm kinda sceptical it will as I am just as caught up in the euphoria as the next person. (despite being all in BCH, I have some Bitcoin ETF exposure in my pension)

could just keep going up!

Pretty damn good prediction coming from Dec 7, before the top even. As usual most responders are moron bulltards telling you to get real.
I still agree with you and it will happen early/mid 2019. Well done!

reactorjuno

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At this stage it really all depends at which price you bought Bitcoin and it depends if you are patient or not. Of course if you bought Bitcoin at $18000 I feel sorry for you.
Now we can that historically when a price acts like this, it takes several years to see it rise again. In fact, we could have to wait 3 to 5 years before seeing BTC above $10000 again...

Example, the chart of the dot-com bubble:

But as the Internet bubble, it would have been stupid to stop investing in companies like Amazon or Google when we see the current price. Well, it's stupid to stop investing in Bitcoin if you have faith. Either we believe in technology and we think long term or we want to make money short term and forget about it. I think at this stage it's all about Bitcoin and the technology behind, will it become mainstream one day or not. People tend to forget this question.

STT

legendary

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I wasnt the one calling the bottom price, someone mentioned the ETF decision which at latest would resolve in February as I understand it and thats the one based on a futures market not plain holding of BTC.

Many commodities are traded via futures as I understand it and in fact some brokers restrict me from holding such ETF as its consider sophisicated. That kind of restriction and inbuilt regulation by a market in Chicago rather then the plain BTC price which is placed on unregulated exchanges all around the world might well receive a favourable decision. Its the best hope of a ETF passing basically by a few peoples reckoning, my personal take is its less then 50/50 chance for any of these ETF to be approved but I agree that futures holding in a ETF resembles the best chance.

Quote

So yeah I agree ETF in feb could have an effect on the fundamentals, but fundamentals and market madness are often fighting for dominance!

Long way to february though

Thats 2019 Feb, 2021 would relate better to a change in BTC protocol and a reduction in the block rewards. The title change needs to be better explained or I've missed the post for that one

Febo

legendary

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Quote from: STT on November 15, 2018, 11:13:59 AM

Calling top at $16500 (Even Newer!: $2483 bottom 19 Feb 2021 MtGox said so!)

You are calling bottom on February 2021 or I dont understand that title? If I dont understand it, when do you expect BTC to bottom?

STT

legendary

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Merit: 1452

Fundamentals and technicals dont really oppose each other. A break of trend if it occurred would be fine in TA and might be what accumulates into a move in February

Quote from: reactorjuno on August 16, 2018, 03:45:22 AM

lot of your predictions seem to turn out to be true. What still puzzles me is that your wrote you believe in Bitcoin Cash. Why?

At the time of this thread, transactions on BTC were costing $30 so I can forgive people believing an alternative had to be found. However that solution was needed outside the BTC protocol and I believe in future the development team however they may alter over the years can keep adapting. If they dont adapt then yes BTC will get overtaken by some idea or new innovation, that would just be technology but I dont think thats this year just because price recoils from its shot upwards doesnt especially make it negative overall. Prospects have improved over the last year with better use of BTC possible now then previous.

sgbett

legendary

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Quote from: reactorjuno on November 15, 2018, 05:04:46 AM

Ok, yes the technical analysis looks quite impressive, however it does not take into account the ETF decision, should be happening at the end of February and then I am not sure the technical analysis will hold when this happens.

Don't get me wrong, I usually believe in TA but it's never 100% right especially with big news potentially coming soon.

Just my 2 cents.

Hey Juno, long time no see

Lets be honest that post above - luckiest call I ever made Wink

but man what a call heheh.

So yeah I agree ETF in feb could have an effect on the fundamentals, but fundamentals and market madness are often fighting for dominance!

Long way to february though, and we could see plenty of price action before then. Not to mention what is going on the other side of the Bitcoin pond.

reactorjuno

member

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Ok, yes the technical analysis looks quite impressive, however it does not take into account the ETF decision, should be happening at the end of February and then I am not sure the technical analysis will hold when this happens.

Don't get me wrong, I usually believe in TA but it's never 100% right especially with big news potentially coming soon.

Just my 2 cents.

Topic: Calling top at $16500 (Even Newer!: $2483 bottom 19 Feb 2021 MtGox said so!) - page 31. (Read 24373 times)