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Topic: Calling top at $16500 (Even Newer!: $2483 bottom 19 Feb 2021 MtGox said so!) - page 9. (Read 24301 times)

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legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
It wasnt bogus, I think he is genuine and originally at that time in 2017 it was a reasonable take to call a top but it wasnt forever so 3 years on the prediction is looking more then a little frayed at the edges and possibly ready to unwind altogether.      Especially this year they printed more new dollars then existed total in 2009 I read somewhere, thats going to alter your aim more then a little.   Thats nothing like the hard money I grew up with, the dollar standard is closer to quicksand in consistency nowadays; its really not sgbetts fault if the prediction is off base now.

Quote
That can only happen once.
My worry on covid was mutation possible, the common cold evolves every year.   If the covid event were observed not to be a one off but a recurring problem every year & 1 vaccine cant solve it then you have a new especially negative dynamic and that news could rock all markets and tank prices.   Most variants previously have not had this strange dynamic of bar bell symptoms ranging from nothing to totally lethal, so that part would be best never seen again.
   I can easily imagine stock indexes halving in price and many prices with especially negative news of a completely natural event.   Doesnt have to be the flu theres a variety of normal deflationary events that occur regularly throughout time, volcanos and tidal waves as well as plague I count as natural despite rumours of bio weapons.   Thats why QE fails I think because deflation is natural and unavoidable and if true that destroys the FED policy to always water down debt costs, defaults will happen eventually.    A system which cannot adapt fails, the tree that does not bend breaks.

The recent action on BTC certainly broke a nearterm trend going back to the July rise and decline and quite possibly its broke out upwards all the way from the decline dating back to the start of this thread.  Im not sure yet but it could be part of a bigger move, I'd rather it confirmed in a hard way to squeeze the rag dry before really moving big but I cant see how it revisits the March lows or anywhere near to the OP 2.4k target
hero member
Activity: 2100
Merit: 813
I want to hear Sgbett's opinion now. He predicted BTC price will be crashed to 2483 in early 2021 and there are only few months left but the BTC price is nearly 16k now! I wish I hadn't found and read this thread! I have sold most of my btc portfolio few months ago due to trusting his prediction. Damn.

Are you serious?? Oh god never just trust some random internet person's advice. This prediction has clearly been very bogus for the past 18 months (basically since April 1st 2019 when the bear market ended)! I think there have been lots of people on this thread pointing out how terrible this prediction has been for a very very long time. Sorry you got duped by such terrible advice. Always do your own research and don't just believe someone on the internet, especially when everyone else is pointing out how wrong they are!

Also sgbett has very clearly shown on these forums that he is a BSV shill. NEVER trust some trash altcoin pusher, that's just basic crypto advice. If someone is saying bitcoin isn't really bitcoin but these random altcoin is the real bitcoin, run away quickly.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
I'm hoping the above is a bit of an ironic poke? If not then that's something of a shocker. Everyone on here has an agenda of some sort, even if they're not aware of it. In this particular case the awareness is overwhelming.

I wouldn't look to a forum for advice on how to wipe my nose, let alone anything as potentially berserk as this.

If it's true then you still have time for your 'dreams' to come true but maybe some alternative plans should be put in place too.
legendary
Activity: 3010
Merit: 8114
I want to hear Segbet's opinion now. He predicted BTC price will be crashed to 2483 in early 2021 and there are only few months left but the BTC price is nearly 16k now! I wish I hadn't found and read this thread! I have sold most of my btc portfolio few months ago due to trusting his prediction. Damn.

Story checks out

From his posts, I see sgbett is a big holder of BSV and he went all for BSV. He said BSV is the real bitcoin, not BTC. He believe BSV will "replace" BTC by 2021, as BSV price will be $2k+ while BTC will be sub $3k. Sgbett is a very smart guy and I'm very impressed with his previous predictions about BTC prices. But by now, some years after the BCH and BSV were "born", we all see that BTC is still the head of cryptocurrency train and I don't think there will be one day, when BTC is crashing down to sub $3k, the BSV still rising up to 2k$. I think if the worst case happen when BTC will go down to sub 3k$, the BSV price will be under $100 for sure.

However, and as you probably know already, your loss is on you. I would never take advice from random people on this forum, no matter how smart they sound to you. Many people here have turned the art of making themselves seem smarter than they actually are into a profession.

Especially when it comes to price predictions, bitcoiners as a specie are notoriously shitty: on any given day 90% of forecasts are just made by blowhards talking out of their ass for the sake of establishing clout and the other 10% happen to be momentarily correct, though mainly due to the "broken clock right twice a day"-principle.

In short, nobody here really knows what they're talking about, and if they tell you otherwise, you should immediately be suspicious of them.
member
Activity: 155
Merit: 21
I want to hear Sgbett's opinion now. He predicted BTC price will be crashed to 2483 in early 2021 and there are only few months left but the BTC price is nearly 16k now! I wish I hadn't found and read this thread! I have sold most of my btc portfolio few months ago due to trusting his prediction. Damn.
legendary
Activity: 1473
Merit: 1086
legendary
Activity: 2730
Merit: 1288
maybe COVID-21 ?

Nah. You need a brand new sensation for another shock that tumultuous. That can only happen once. Second time around we know what's in store, even if another version is worse.

NASA to make major announcement about the Moon on Monday. So that is probably it. Year 2020 in full will start on Monday. We have not seen anything yet so far.
sr. member
Activity: 1400
Merit: 347
maybe COVID-21 ?

Nah. You need a brand new sensation for another shock that tumultuous. That can only happen once. Second time around we know what's in store, even if another version is worse.


They can use HAARP to make holograms for a fake alien invasion.
They once simulated a second sun, by heating the ionosphere.

As it stands now, sgbett missed one zero for february 2021. And it will be the bottom for the next cycle.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
maybe COVID-21 ?

Nah. You need a brand new sensation for another shock that tumultuous. That can only happen once. Second time around we know what's in store, even if another version is worse.
hero member
Activity: 722
Merit: 1692
Kudos for sticking to your date at least. Most people would claim it was based on the Ethiopian calendar when things weren't going their way. Still plenty of time between now and then but we'd need some extinction level shit to get anywhere near it.

maybe COVID-21 ?
legendary
Activity: 3010
Merit: 8114
The main problem for bears is that they have been fighting against the single most powerful entity in the known universe: the Federal Reserve. There's too many newly-printed dollars circulating about that need a home and at least a few billion of them were going to find their way into bitcoin, sooner or later.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
Kudos for sticking to your date at least. Most people would claim it was based on the Ethiopian calendar when things weren't going their way. Still plenty of time between now and then but we'd need some extinction level shit to get anywhere near it.
legendary
Activity: 2576
Merit: 1087
Eyup lads everything looking rosy in BTC. That pesky sgbett looks to have been defeated.

PayPal to the moon!

Nothing can stop it.

Except Bitcoin... tick tock, feb is right around the corner.

Much love from your favourite maximalist. Stay safe x
legendary
Activity: 2730
Merit: 1288
Now is the last time for Bitcoin to dump. Covid second wave is here. Vaccine is nowhere in sight. Countries are right before lockdown starts and the toilet paper hunt begin once again. Economy will suffer again, but this time companies have no reserves anymore, so people will start losing jobs in more serious manner.  
But what happened now? All whales that accumulated cheap Bitcoin during last few years are now announcing how they just bought them.  Grayscale bought them, Coin Shares bought them, Microstrategy bought them, Galaxy Digital Holding bought them, Square INC bought them, Riot Blockhain bought them, Cyberpunk Holding bought them, .....   Those this "strategy" dont sounds familiar? We saw that in Bitcoin many times and we saw that in any other coins several times. Whales accumulate when price is ow and once their bags are full they start mass shill their bags.
So now we have this two effects collide. Which one will prevail? Whales or the economy crash?
hero member
Activity: 1918
Merit: 535
Russians already have vaccine. EU, USA and China are for sure not far behind. The big covid-19 hiatus drama is already behind us. Even if we get next wave and daily infected get another leg up there will be hope at the end of the tunnel and hope is bad for bottoms. Bitcoin had bottom in December 2018. And Bitcoin had another crash in March this year. Bitcoin will not go below March price. If there is some new fear then price will bounce from $5000 or higher and very fast go above $7000.

all markets dumping suddenly and simultaneously, shares, gold and silver, btc and cryptos.
seems that they are all connected now, which is not conform to the previous conception: they were not supposed to.
some say that it is an action coordinated by Bis.

for covid19 we may hope in a near future, however still in crisis presently. Vaccine will probably be available soon.
vaccine tracker on Nytimes :

https://www.nytimes.com/interactive/2020/science/coronavirus-vaccine-tracker.html

russians and chinese vaccines available already for limited use; they performed phase 2 trials, but not phase 3, and authorization was given in spite of incomplete experience.
for other countries several phase 3 presently done, some should be available before the end of 2020.
however the story is not finished.


legendary
Activity: 3738
Merit: 10374
Self-Custody is a right. Say no to"Non-custodial"
One thing to maybe think about is the difference between me and many in this thread is I have nothing to lose. That means it’s a lot easier for me to be objective.


Holding bags in dollars, or various kinds of bcashes should not be anything to be proud of.  You could be quite well off, if you had spent the last three years DCA'ing into BTC rather than holding that other crap.. and maybe also you would have stacked a few sats.

Of course, with bitcoin, the longer the timeline that you have been accumulating (stacking sats), the better, so if you would have spent 6 years DCA'ing into BTC, you would have been even better off.

So, your supposedly having "nothing to lose" comes off as a bit of a double edged sword, maybe even coming off as butt hurt, in your case since you are sticking with some kind of a dream BTC crash and filling yourself up with hopium in regards to something that you are now proclaiming, not to own.  Just think of so many of the gains that you failed/refused to realize, and you are feeling self-righteous about that level of dumb?   Roll Eyes Roll Eyes



Think about - it if BTC tanks, do you really think it won’t drag BSV down with it (and everything else). So people saying I want that to happen? (As opposed to merely forecasting what I see as inevitable) are projecting. In USD terms I’d be worse off! If BTCcontinues to rise then inevitable all the other shi.. er altcoins will follow.

Sounds like gobbledy gook to me.

This thread is about BTC and your prediction regarding BTC.. now you want to change it to some kind of pumpening of another kind of shitcoin?  Lot's of hopium in you to believe in that scam coin.


I realise I have tough crowd here on the “speculation” sub forum, cos y’all are basically here to discuss BTC price rises.
 

That's right.. Your original prediction was about how BTC's price was supposedly going down..

I know because It’s where I always hung out, so it’s kinda like Home from home, but speculation isn’t the same for me now as it was back then.
 

I have noticed that you are coming off as a kind of lost puppy, so i can see what you are saying in regards to not feeling the same.



Now I’m interested in  much more than BTC price pops, more interested in speculating on the nature of Bitcoin itself and what it will become.

Bitcoin is going to continue to gravitate value into it.. so your lame-ass prediction of down just looks foolish, at best.

Of course, it is not too late to start some kind of stacking of bitcoin plan..... we are still in early days.  NO need to worry your lil head off regarding where bitcoin might be going, but if you are investing in some variation of bcash, such as BSV, then of course, you have reason to worry about where that nonsense might be going.
legendary
Activity: 2576
Merit: 1087
One thing to maybe think about is the difference between me and many in this thread is I have nothing to lose. That means it’s a lot easier for me to be objective.

Think about - it if BTC tanks, do you really think it won’t drag BSV down with it (and everything else). So people saying I want that to happen? (As opposed to merely forecasting what I see as inevitable) are projecting. In USD terms I’d be worse off! If BTCcontinues to rise then inevitable all the other shi.. er altcoins will follow.

I realise I have tough crowd here on the “speculation” sub forum, cos y’all are basically here to discuss BTC price rises. I know because It’s where I always hung out, so it’s kinda like Home from home, but speculation isn’t the same for me now as it was back then. Now I’m interested in  much more than BTC price pops, more interested in speculating on the nature of Bitcoin itself and what it will become.
legendary
Activity: 1806
Merit: 1521
80% of BSV marketcap rests on the fact that Bitcoin holders had not claimed BCH and BSV. Maybe 90% of BSV maketcap base on that fact. Craig Wright stories are irrelevant here.

Of course they are relevant. Most of the major price movement during BSV's history is due to news-driven items: Craig filing for the copyright to the white paper, a Chinese tweet about bogus evidence confirming Craig is satoshi, the judge reversing the default judgment against Craig -- this is what moves BSV. As it is based on lies, it will all be removed from BSV's market cap value in due time.

Both of you are right.

The point about unclaimed coins is really important though. The reason BSV can be pumped so easily is its effectively low circulating supply. Since nobody bothered to claim their fork coins (something like 50% of the coins have gone untouched), those coins are "lost." Like Satoshi said, those serve as a donation to holders because it makes BSV scarcer, thus easier to pump. Forks are always easier to manipulate for this reason.
legendary
Activity: 3010
Merit: 8114
Craig Wright stories are irrelevant here.

Of course they are relevant. Most of the major price movement during BSV's history is due to news-driven items: Craig filing for the copyright to the white paper, a Chinese tweet about bogus evidence confirming Craig is satoshi, the judge reversing the default judgment against Craig -- this is what moves BSV. As it is based on lies, it will all be removed from BSV's market cap value in due time.
legendary
Activity: 2730
Merit: 1288
You're ignoring the fact that 50% or more of BSV's market cap still rests on the lie that Faketoshi is Satoshi.

80% of BSV marketcap rests on the fact that Bitcoin holders had not claimed BCH and BSV. Maybe 90% of BSV maketcap base on that fact. Craig Wright stories are irrelevant here.
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