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Topic: Four Charts That Suggest Bitcoin Value Could Be At 10,000 USD Next Year - page 2. (Read 3641 times)

sr. member
Activity: 378
Merit: 254
^
Not unusual--simply never happened.
Because $ million can't do to today's price what a $10 bill could once do (when barely any BTC was mined & price was less than a penny).  Things don't scale.
sr. member
Activity: 379
Merit: 250

What's so funny? Those kinds of moves are not unusual in Bitcoin.
hero member
Activity: 907
Merit: 1003
legendary
Activity: 1442
Merit: 1186
Steady logarithmic growth is not unheard of...
full member
Activity: 224
Merit: 100
Delusion seems to be contagious around here.
sr. member
Activity: 379
Merit: 250
More like 28k - expanding leading diagonal:: https://www.tradingview.com/v/dHbn7XZ4/
full member
Activity: 224
Merit: 100
member
Activity: 98
Merit: 10
If the market could really be correctly predicted with just for charts, everyone would be making money. Sadly, that's not how it works. There is no such thing as a free lunch folks. Someone is paying for it on the other end
full member
Activity: 224
Merit: 100
hero member
Activity: 700
Merit: 501
http://www.thebtcsociety.com/headlines/spanish-bank-backs-decentralised-bitcoin-exchange-coinffeine

This spanish based bank released a futures analysis and traced Bitcoin in 10K at 2016 as well.
hero member
Activity: 588
Merit: 500
I BELIEVE IN  10K
sr. member
Activity: 266
Merit: 250
Learning from the past you can tell the future !!!! Who said anything about me saying i just found this.....everybody keep your heads up i believe  In what I wrote. Grin               "colinistheman Has His Pissy Pants On"........
hero member
Activity: 938
Merit: 501
Hehe, love this nonsense chartism
No offence, would love for this to happen, but this is useless analysis
legendary
Activity: 1456
Merit: 1010
Ad maiora!
Ive seen charts like these forever. draw some lines on a graph...better yet, suggest that past performance indicates future performance. Its called TA and it has been proven worthless. Go to the Speculation sub and look around. Actually go back a few pages and see the same predictions of "Da Moon!" backed up by the same charts...if this method worked, we would already be beyond 10 000$ per btc.

I get it, BTC is boring right now, the price is sluggish, disappointing, weak. We are all hoping for some kind of bubble, but you would be better off being realistic. Things may stagnate for a very, very long time. In fact, BTC could still fail completely. I hope not, but if I expect the very worst, then any upward movement, or even nice stable sideways movement, is a gift.

At this point I look at my stack as a 100% blind gamble. I might end up with zero, I might get rich. So far I am a teensy bit ahead.

go to bed, and come back in 5 years. Its easier on your nerves.
hero member
Activity: 907
Merit: 1003

Dude! That article is using all 4 graphs from June of last year! Fuckin old information and old graphs.

Fix it. And put the date up so people aren't mislead. My god

And you wrote the article. You are sort of pretending like you found it.



hero member
Activity: 907
Merit: 1003
Sorry, it doesn't work that way.

This is a flawed analysis.  Just because
there is a trend on a logarithmic chart
(Bitcoin exploded from nothing to something),
doesn't mean it will continue, and 2014
proved that in no uncertain terms.

Have to agree with your analysis. And also, the bull run in the late 2013 was mostly as a result of MtGox rigging their trade-book. May be in another 4-5 years, when the demand exceeds the supply, we will witness another bull run, similar to the one in 2013.

Yes, this rigged trading book (Willy bot) is something most people seem to forget or not factor in. The $1200 price was (partially) artificially created! China jumped on board too, but how much of that was due to the Willy bot making the price continue to rise, enticing the Chinese in to the scam? Willy bot was a HUUGE factor imo. I think we just finally finished correcting from this within the past week. It took over a year-- that's how much damage the bot caused. Mark Karpeles is evil on so many levels.
legendary
Activity: 3752
Merit: 1217
Sorry, it doesn't work that way.

This is a flawed analysis.  Just because
there is a trend on a logarithmic chart
(Bitcoin exploded from nothing to something),
doesn't mean it will continue, and 2014
proved that in no uncertain terms.

Have to agree with your analysis. And also, the bull run in the late 2013 was mostly as a result of MtGox rigging their trade-book. May be in another 4-5 years, when the demand exceeds the supply, we will witness another bull run, similar to the one in 2013.
legendary
Activity: 1022
Merit: 1007
Sooner or later, a man who wears two faces forgets
No charts can define the price or rise in it's market value .
It might just fall to 100$ and go back up to 1000$ , there's no way to tell.
While investing in bitcoin , you must never invest your livelihood , just enjoy and earn.
It's FUN if you stay around
sr. member
Activity: 1512
Merit: 326
i believe from $0 go to $1200
and now around $200 i believe it will touch $10.000 or more .
but for a longest times .
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
Sorry, it doesn't work that way.

This is a flawed analysis.  Just because
there is a trend on a logarithmic chart
(Bitcoin exploded from nothing to something),
doesn't mean it will continue, and 2014
proved that in no uncertain terms.

People were using same logarithmic charts
in early 2014 and expecting a huge bull
run that never happened.  (TOLD YOU.)
 
I do believe BTC will get to 10,000 but not
by next year.

There is still too much supply and not
enough demand.  Give it 5-10 years.


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