Topic: China or No China, Here's My Prediction for the Long-Term... - page 2. (Read 3108 times)
Question to all the longterm bears, why are you here? If you're down on BTC longterm then sell and go on your merry way. Why do you feel the need to create FUD unless you're trying to buy at a lower price?
Get over it. BTC price will never go up to $10000 or $5000. Not even $2000. Here's why.
Quoted for future reference.
You'll look stupid in less then 6 months.
This is going to sound prick-ish, but I mean it humorously:
"You can hope in one hand and shit in the other, and see which one fills up faster"
Also unconcerned in the long-term.
Get over it. BTC price will never go up to $10000 or $5000. Not even $2000. Here's why.
Quoted for future reference.
You'll look stupid in less then 6 months.
This is going to sound prick-ish, but I mean it humorously:
"You can hope in one hand and shit in the other, and see which one fills up faster"
Get over it. BTC price will never go up to $10000 or $5000. Not even $2000. Here's why.
Quoted for future reference.
You'll look stupid in less then 6 months.
Get over it. BTC price will never go up to $10000 or $5000. Not even $2000. Here's why.
Quoted for future reference.
You'll look stupid in less then 6 months.
Wait, weren't you the guy that said: "BTC will rise to $2000 by end of March 2014." 
?
?Yeah, he was.
Since my last prediction went so well 
, I am going to make another "most accurate" prediction ever:
BTC will rise to $2000 by end of March 2014.
….
Wow, censorship and negativity abound here today!!!
Do all specualtion have to be based on some tehcnical mumbo jumbo that explains nothing and predicts nothing?
Lighten up, folks!
Let's be positive, be merry and have fun. This is the end of 2013, let's await the arrival of 2014 with positive attitude and mental acuity. Let's get rid of this negative poisonous toxin you carry in you. Let IT go!!! Let us surround btc with positive energy and hope and pray that btc will rocket up!!!
….
I was wrong before but I believe I'm right this time. Let me explain:
Btc's fundamentals are strong (I have to throw in technical mumbo jumbo here, you know),
Rise in value in anticipation of overstock.com's adoption of bitcoins staring in July'2014,
Twinklevosses ETF will be approved, sooner than expected,
Wallstreet's flood gates will be opened soon afterwards or even before (insider info, you know),
China Syndrome has been effectlvely factored in already,
March'2014 marks the 6months time since the dramatic increase in hashrate and difficulty, which, some believe, causes dramatic effect on btc price (This is a tough one, there's a school of thought that says it has no, zero, nada, effect; and another school that says otherwise)
, I am going to make another "most accurate" prediction ever:BTC will rise to $2000 by end of March 2014.
….
Wow, censorship and negativity abound here today!!!
Do all specualtion have to be based on some tehcnical mumbo jumbo that explains nothing and predicts nothing?
Lighten up, folks!
Let's be positive, be merry and have fun. This is the end of 2013, let's await the arrival of 2014 with positive attitude and mental acuity. Let's get rid of this negative poisonous toxin you carry in you. Let IT go!!! Let us surround btc with positive energy and hope and pray that btc will rocket up!!!
….
I was wrong before but I believe I'm right this time. Let me explain:
Btc's fundamentals are strong (I have to throw in technical mumbo jumbo here, you know),
Rise in value in anticipation of overstock.com's adoption of bitcoins staring in July'2014,
Twinklevosses ETF will be approved, sooner than expected,
Wallstreet's flood gates will be opened soon afterwards or even before (insider info, you know),
China Syndrome has been effectlvely factored in already,
March'2014 marks the 6months time since the dramatic increase in hashrate and difficulty, which, some believe, causes dramatic effect on btc price (This is a tough one, there's a school of thought that says it has no, zero, nada, effect; and another school that says otherwise)
Wait, weren't you the guy that said: "BTC will rise to $2000 by end of March 2014." ?
? 
Too many people bought in during the China-induced bubble at the end of last year. They have seen the value of their bitcoins plummet. Some people have lost their life savings. They will cash out if BTC goes up to $1000 level, if they have not cashed out yet. After cashing out, they will never come back. Once bitten, twice shy.
Wait a minute here. For every one person that got screwed and "lost their life savings" there are probably 1000 people who have never even heard of bitcoin. Most people I talk to have never heard of bitcoin, in spite of all the press lately. There is still tons of potential buyers/investors out their. Bitcoin has only JUST begun.
They will cash out if BTC goes up to $1000 level, if they have not cashed out yet. After cashing out, they will never come back. Once bitten, twice shy.
This is the only thing I agree with in OP's argument. We will see very very hard resistance in the $1,000 range if it ever reaches that again. Those who bought at 1k are going to be cashing in at once and we will see a crash back down again.
Don't assume things, it's dangerous.
IMO we will see the prices fall hard this/next month due to china, it will attract buyers, all of the weak hands will be gone...
I'm trying to be realistic and logical. I'm not assuming but I"m making a pretty educated guess as to what is going to happen. There are probably a lot of people who bought in the 1k range and are probably looking for a quick out. Trust me, I hope i'm wrong. But it makes a lot of sense for there to be a strong resistance at 1,000.
They will cash out if BTC goes up to $1000 level, if they have not cashed out yet. After cashing out, they will never come back. Once bitten, twice shy.
This is the only thing I agree with in OP's argument. We will see very very hard resistance in the $1,000 range if it ever reaches that again. Those who bought at 1k are going to be cashing in at once and we will see a crash back down again.
Don't assume things, it's dangerous.
IMO we will see the prices fall hard this/next month due to china, it will attract buyers, all of the weak hands will be gone...
They will cash out if BTC goes up to $1000 level, if they have not cashed out yet. After cashing out, they will never come back. Once bitten, twice shy.
This is the only thing I agree with in OP's argument. We will see very very hard resistance in the $1,000 range if it ever reaches that again. Those who bought at 1k are going to be cashing in at once and we will see a crash back down again.
OP is right, stop being fanboys with riches struck eyes. Have a taste of reality. The people who gained profit are out now giving you worthless bags
These persons got out between 800$ and 1200$, not at 400$
What we are at now, is a new wave of investors plus the older investors who truly believe in bitcoin and will sell only when it's worth way more than now. Expect a trend reversal right after next bottom
OP is right, stop being fanboys with riches struck eyes. Have a taste of reality. The people who gained profit are out now giving you worthless bags
Therefore, too low market cap makes it easily to manipulate.
That would be the case only if most Bitcoin would stay in the wallets of a few persons, but if the price stays that way for a long time, surely they will sell and there will be a better distribution. Plus, there's the few thousands of new coins produced everyday that contribute to a better distribution therefore to a harder to manipulate market.
Bitcoin could be worth nothing, or a lot of money, there is no middle ground.
Why not? Why couldn't it remain a niche crypto-libertarian currency whose value oscilliates between 300-600$ ?
Although I'm quite sure it has what it takes to be worth more.
Quote
It couldn't sustain at 1000 or 2000 dollars, you will get a very unstable store of value.
Therefore, too low market cap makes it easily to manipulate.
@ jamesc760,
yet you still have a bitcoin account yourself, and you still are active in bitcointalk threads ... so I think you are a liar. If you REALLY believed what you wrote, then you would get out now while you can and stop wasting your time here.
yet you still have a bitcoin account yourself, and you still are active in bitcointalk threads ... so I think you are a liar. If you REALLY believed what you wrote, then you would get out now while you can and stop wasting your time here.
Bitcoin could be worth nothing, or a lot of money, there is no middle ground.
Why not? Why couldn't it remain a niche crypto-libertarian currency whose value oscilliates between 300-600$ ?
Although I'm quite sure it has what it takes to be worth more.
Bitcoin could be worth nothing, or a lot of money, there is no middle ground.
This.
It couldn't sustain at 1000 or 2000 dollars, you will get a very unstable store of value.
Bitcoin could be worth nothing, or a lot of money, there is no middle ground.
No institutional money ? obvious troll is obvious.
Bitcoin could be worth nothing, or a lot of money, there is no middle ground.
No institutional money ? obvious troll is obvious.
Yeah, a bit of code that turned into billions is a failure. Fuck off op. Seriously, get the hell out of here.
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