Topic: [prediction] Next spike $560,000 14 {<-oops!} months from now (2017 Update!) - page 16. (Read 71511 times)

Here ya go.

https://bitcointalksearch.org/topic/m.10046953

one important question: after 4 months, do you think that what you wrote can really happen? or something have changed?

You must be crazy. I'm not going to reveal my true identity, because I'll probably just be banned again. There are still many people on this forum who are butt hurt that all my so called saber rattling turned out to be spot on analysis. I don't care how many people drew lines on graphs to present their ideas of support and trend lines... it all turned out to be bullshit. You need to read between the lines to figure out where this market is going, and that's something that you still need to learn for yourself. I'm real impressed that you made one correct guess back in 2013, but that was a long time ago.

You've gotta accept that if you create a new thread with a prediction of $560,000 by end of 2015, somebody is going to call you out on it.

Instead of trying to descredit me why don't you reveal your genius for all to see?

Here's a "predict the price at christmas" thread from back in november when the price was around $900 and riiiiising...


The average guess was over $2k, the actual price on 25th $660... on boxing day it traded at $720. OMG another terrible call! Probably invalidated for being a day out

You keep saying I'm an idiot and haven't called anything right, and the only thing you can point to is something that hasn't happened yet? Something that isn't even a prediction of specific price but a general theory on how price will behave if we get mass adoption (still not read the first post huh?)

I'm still waiting for you to admit who you are so that we can all see from your post history how early and accurately *you* called this bear market...

So let me get this straight. You projected a guess for a low of $200 (though you expected it to happen last spring) and you also predicted that we'd be at $560,000 by later this year? Did you honestly think that both could come true? Or just covering your bases for either outcome, so you could at least come back to this forum and try to save some face?

how about this one....


lo and behold just this week...

So who are you then? Perhaps then we can validate your claim that you warned about the incoming bear market somewhere near the start of it, and not once it was nearly finished.

When you can show that you called a $200 low back in December 2013, its fairly compelling...

look at the big picture. Regardless if you buy at 270 right now or 300 or even 400, if the price of bitcoin hits the ath again you will have made a profit regardless. Just buy, hodl, and be patient.

  I'm rolling on the floor laughing here. I created this account "riiiising" because all my others were being banned for warning others against the incoming drop in price from $600, $500, $400, etc.

Yes, I was a victim of the September/October bear purge, where all bearish sentiment was being banned. Must feel pretty stupid now that you didn't listen!

The only way I was able to stick around was by pretending to be an over the top caricature of a bull, at which point I then was able to get my message across again. I have been warning others about this drop for a very long time.

your monologue fools no-one.

You joined in September well into the bear market, you were a cheerleader for bitcoin for about a month (allegedly or so then around the start of November you flip to the bear side.

You argue about credibility? You are the epitome of the stereotypical "bad investor". You heard the "greedy when others are fearful" thing posted by your alt's namesake and did the whole contrarian thing for a bit. It all got a bit too much for you though, because as per any novice investor you were over-invested and under informed. So once the market started to look real bad, your emotions get the better of you and you call "secular bear" and run scared, trying to console yourself by labelling all around you as idiots for not doing the same, oblivious to the fact you look exactly like every bulltard that was betting the farm when the price was over $1000. Whilst anyone with a clue knew the market was over extended and was reducing their exposure to BTC because it would be foolish not to. I am not even a trader, and I was.

You sound like someone who got burned, and as a result are desperate for everyone else to be so that you can feel better about yourself.

You are a bad caricature of a terrible trader; I ad-hom because you have no argument, or position, and likely no actual investment in BTC - long or short.

Or perhaps you do... unless you sold for a loss afterwards... maybe your wife told you you had to get out. She's smart, college fund indeed. Great move, 'dad'.

OH, so you're a wise guy too? You also are waiting for Godot... ie, you want a smarter man to come along to create a killer app for bitcoin, even though you have no idea what that's going to be.

And failing that, you're waiting for a greater fool to come along to sell your purse to!

I'm not talking about a single "killer app", but it's going to need a lot of apps. Without applications the blockchain is basically what TCP/IP is to the internet... it requires applications to be useful, and yes I do think these are coming over the years.



Satoshi dice?? No that is not a "killer app" by any means lmao


Yes I did, so you know that I know what I'm talking about 

Yup

All the time I'm involved in bitcoin, I keep hearing this. We need killer app. So what is that? Seems to me it has already come, which is speculating and gambling. You can buy bitcoin, go to satoshi dice, and gamble it away in minutes. I suppose that's cool, but what else does it offer?

You can keep saying that these applications are coming, but until then we're just riding on rainbows and happy thoughts. I could buy Solyndra stock and just keep telling myself that the day is coming when everyone will install solar panels on their rooftops and we'll live in a zero emission world of peace... but until it happens (if it ever happens) we're just hoping for an outcome and nothing more.

Aren't you the guy who declared 2014 would NOT be the year of bitcoin? I thought you were smarter than this. Put down the kool aid and come to your senses!

Typical example of a "dumb critique", you clearly don't understand the simple fact that bitcoin isn't designed to be useful out of the box. It needs applications, use cases and infrastructure to be developed first and then it can be implemented on that foundation. Why would you expect everyone who heard about bitcoin to immediately use it? Regulation is still hazy, volatility is high (naturally from a tiny market cap), it is currently risky in terms of security and it has a long way to go with the applications to be developed for bitcoin to be truly be simple, accessible and useful to the to common people... that is when bitcoin's utility and advantages will become more clear; thus offering more incentive for people to use it. The amount of VC money going into bitcoin development and # of merchants adopting bitcoin are all steps towards that direction. Morons like you who clearly cannot grasp the big picture would say shit like that.




Except.... lets conveniently forget the fact that there is a supply limit for bitcoin (21 million), which is not the case with the USD. The inflation rate and sell pressure from merchants + miners are far outpacing the demand at the moment, which is clearly reflected on the price. But as I said bitcoin has a long way to go before its utility can be realized.... so why don't you do the math... what if adoption increases so much that there 200 million people who use/own bitcoin.... and if there are only 21 million total bitcoins ever created, how many of those people will be able to own one whole bitcoin? Not that many, and at that point the demand may start to outpace the supply and the price will need to rise significantly. If you truly believe that this is impossible with some short-sighted logic that your grandma knows about bitcoin yet no one uses it RIGHT NOW, then I'm wasting my time replying to you. People call you a troll because your logic is stupid, I would have some respect for posters like you if there was any real thought to your arguments


"No real new innovations around the corner" ?

yeah... ok buddy. I believe you

That's because they all have brain damage and are destined to lose. They should give up before they become the laughing stock of their friends and families.

No kidding. Around here, when you successfully call a bear market, you're a "troll". But when you unsuccessfully call a bull market, you were "just speculating for fun and it just happened to not go as planned this particular time." Welcome to bitcoin land.

LMAO. I've been calling this bear market ever since the China news in January, and really starting ringing the alarm bells soon after. You think calling the market direction is easy? Then why have you failed so fantastically at it? If I were you I would give up with bitcoin and invest in something safer, since playing the market is not for you. A few smart people succeeded with bitcoin, and many stupids failed.

You called a bear market, half way through it, and have ridden on its coat tails for a few months.

I guess that makes you one if the brightest socio-economic forecasters in our time?

Derp indeed.

derp dee derp... OK, first of all, everyone has heard about bitcoin, including my infirm 89-year-old grandmother, and yet, nobody is buying them! And it's obvious why. They don't want to entrust their savings to a digital, unregulated wild west playground. Especially when news of high profile hacks and cyber warfare are making the news on a weekly basis. People don't trust their personal information online (for good reason!) so why the hell would they entrust it with their hard earned money??

"But, riiiiising, you can't say nobody! I'm buying them, and there are thousands of people on reddit buying them! We're smart sophisticated young men!"

Yeah, because they all hope to get rich quick. Of course, they've had to readjust their expectations during the past few months, but the only reason they're still interested in bitcoin is because they're hoping and praying to make back their looses. They'll tell you, "I'm in it because I love the technology." Aside from a handful of developers who actually care, this is just what they tell themselves and others to make it sound like it's not an investment scheme. I'm not saying it is a scheme, but it carries some of the same characteristics.

Couple this with the fact that bitcoin supply is inflating at ~12% a year, which is way more than the USD or any other major currency. So do the math. Tepid demand, too much supply, and no real new innovations around the corner. The market doesn't care anymore when a company adds it as a payment option. It would take nothing short of a sovereign country adopting bitcoin as its national currency to get people interested again.

If you still don't get why the market is imploding... then you're just a stupid. I'm sorry.