[prediction] Next spike $560,000 14 {<-oops!} months from now (2017 Update!) - page 26.

brg444

hero member

Activity: 644

Merit: 504

Bitcoin replaces central, not commercial, banks

Quote from: exocytosis on September 30, 2014, 06:42:49 PM

Quote from: SmoothCurves on September 30, 2014, 12:44:02 PM

The stock market could seriously correct or crash within 14 months: http://www.businessinsider.com/john-hussman-crash-warning-2014-9

LOL! A lot of people have been saying that for a lot of years. Eventually, someone must be right. Even a broken clock is right twice a day.
Here's another couple of predictions: After spring comes summer. After fall comes winter.

Impressive, right?

your life must be pretty sad

exocytosis

sr. member

Activity: 476

Merit: 250

Quote from: SmoothCurves on September 30, 2014, 12:44:02 PM

The stock market could seriously correct or crash within 14 months: http://www.businessinsider.com/john-hussman-crash-warning-2014-9

LOL! A lot of people have been saying that for a lot of years. Eventually, someone must be right. Even a broken clock is right twice a day.
Here's another couple of predictions: After spring comes summer. After fall comes winter.

Impressive, right?

isov

full member

Activity: 155

Merit: 100

Would be super sweet to see this happen. How small my hope of just a new ATH now looks. I would be happy with even that.

SmoothCurves

sr. member

Activity: 379

Merit: 250

Quote from: coinableS on September 30, 2014, 05:34:27 PM

Why do people get upset about other people speculating on the speculation sub-forum?

If mainstream adoption happens the price will have to rise significantly in order to cover larger transactions. If company A wants to buy company B with bitcion for $50 million, they would have to find somewhere to buy 125,000 bitcoins at today's price. With the limited supply this isn't practical at all. The price must rise if adoption becomes more widespread.

Exactly.

Bitmore

full member

Activity: 413

Merit: 100

https://eloncity.io/

Quote from: BitChick on September 30, 2014, 05:48:35 PM

Quote from: DoubleSwapper on September 30, 2014, 05:37:58 PM

Are there actually people in this thread seriously discussing this? LOL

This is a thousand times (or should I say $560,000 times) more fun than hanging out in the "Bitcoin is dead" and "Bitcoin is going nowhere" threads. C'mon and join the party. Grin

Hey! /\What she said /\

flailing Junk

member

Activity: 92

Merit: 10

Definitely possible if the dollar collapses.

BitChick

legendary

Activity: 1148

Merit: 1001

Quote from: DoubleSwapper on September 30, 2014, 05:37:58 PM

Are there actually people in this thread seriously discussing this? LOL

This is a thousand times (or should I say $560,000 times) more fun than hanging out in the "Bitcoin is dead" and "Bitcoin is going nowhere" threads. C'mon and join the party. Grin

DoubleSwapper

full member

Activity: 172

Merit: 100

Are there actually people in this thread seriously discussing this? LOL

coinableS

legendary

Activity: 1442

Merit: 1186

Why do people get upset about other people speculating on the speculation sub-forum?

If mainstream adoption happens the price will have to rise significantly in order to cover larger transactions. If company A wants to buy company B with bitcion for $50 million, they would have to find somewhere to buy 125,000 bitcoins at today's price. With the limited supply this isn't practical at all. The price must rise if adoption becomes more widespread.

SmoothCurves

sr. member

Activity: 379

Merit: 250

Quote from: sgbett on September 30, 2014, 03:53:38 PM

Quote from: SmoothCurves on September 30, 2014, 12:44:02 PM

The stock market could seriously correct or crash within 14 months: http://www.businessinsider.com/john-hussman-crash-warning-2014-9

Well wouldn't that be an interesting coincidence give I plucked these figures right out of the quantum foam Cheesy

Hey if it happens you can chalk it up to retrocasuality.

sgbett

legendary

Activity: 2576

Merit: 1087

Quote from: SmoothCurves on September 30, 2014, 12:44:02 PM

The stock market could seriously correct or crash within 14 months: http://www.businessinsider.com/john-hussman-crash-warning-2014-9

Well wouldn't that be an interesting coincidence give I plucked these figures right out of the quantum foam Cheesy

sgbett

legendary

Activity: 2576

Merit: 1087

Quote from: Dafar on September 30, 2014, 01:33:05 PM

No offense OP... but I don't understand how you guys can still take TA/chart analysis seriously in the bitcoin world

as brg44 says its definitely not about trading to win. its about thinking about how the endgame could play out

The $300k is arbitrary - optimistic, but not outlandish. The timescale is arbitrary. The number and magnitude of cycles is arbitrary. Its just an illustration of what kind of price action is possible when you try and work back from one possible endgame scenario.

It's definitely not a recommendation to go all in. Over the past 3 years I like to think that any "advice" I've given has always been roughly. Don't invest what you can't afford to lose. Assume its going to zero. Then hedge against success (i.e. don't go full fiat!).

I'm also from the don't trade the markets school. That burned me enough to learn my lesson.

Work, spend less than you earn, save money and spread it around asset classes. The aim is not to get rich, its to not go bust.

Everything else takes care of itself.

So fewcoins...

Quote from: fewcoins on September 30, 2014, 11:43:29 AM

COME WITH FACTS OR STOP RANTING ABOUT HOW WONDERFUL BTC IS IN THEORY!

There are your facts. Here is another one. Neither you or I know what is going to happen. Only one of us is running about the place shouting about how they do though.

Your move.

brg444

hero member

Activity: 644

Merit: 504

Bitcoin replaces central, not commercial, banks

Quote from: Dafar on September 30, 2014, 01:33:05 PM

No offense OP... but I don't understand how you guys can still take TA/chart analysis seriously in the bitcoin world

Charts and function curves in this case are not an attempt to determine absolute highs and lows in order to trade the market.

The fundamentals used in his projections are simply statistical functions.

The S curve is a very legitimate projection of Bitcoin's adoption as a technology.

Dafar

legendary

Activity: 1330

Merit: 1000

dafar consulting

No offense OP... but I don't understand how you guys can still take TA/chart analysis seriously in the bitcoin world

SmoothCurves

sr. member

Activity: 379

Merit: 250

The stock market could seriously correct or crash within 14 months: http://www.businessinsider.com/john-hussman-crash-warning-2014-9

mskryxz

sr. member

Activity: 433

Merit: 250

Wish 14 months would pass by already!

Unbelive

full member

Activity: 210

Merit: 100

Invest & Earn: https://cloudthink.io

Quote from: Ibian on September 30, 2014, 10:39:47 AM

So many newbie experts.

But he is a Hero Member not newbie.

inca

legendary

Activity: 1176

Merit: 1000

Quote from: fewcoins on September 30, 2014, 11:43:29 AM

Quote from: sgbett on September 30, 2014, 04:36:46 AM

Quote from: yayayo on September 29, 2014, 05:43:14 PM

An epic prediction indeed!

It's soo unbelievable, that it could even be true... Cheesy

Actually the explanation makes some sense to me.

What doesn't make sense to me is that OP considers that he will exchange Bitcoin for fiat money in this scenario like he has done in the past. Why? Because as more capital pours into Bitcoin, more goods and services will be available for purchase with Bitcoin. So fiat money quickly becomes obsolete (at least for a bitcoiner) in this scenario.

ya.ya.yo!

Hedging because however high it goes, you can't ever discount the probability of it failing. It's formulaic selling though to keep it unemotional x% per y% rise. The downside is capital gains tax :/ How I'd dearly love to be able to get some COIN in my pension!

At the theoretical $560k I would have sold about half my BTC. What I have left in BTC would still be worth about 7 times more than the fiat I had collected Shocked

That fiat would probably end up divested in metals & equities.

The point is "they" won't let fiat die & they will make sure to crash BTC into nothing before it even becomes competition... Don't you realize how illiquid this market is??? You're acting like you found gold when you're really buying scraps off of forex trading whales who entered this market just to crash it & make money. Think about what a ultimate troll you are walking around acting like you found the next best thing, convincing other people to throw their hard earned money at it, when you don't know who is even involved in this market or why the price was near 1,200 let alone know who even created all this madness. Everyone here will lose all of their money because of your misguided "leadership"

COME WITH FACTS OR STOP RANTING ABOUT HOW WONDERFUL BTC IS IN THEORY!

The only person ranting is you. The higher the price moves.

Ibian

legendary

Activity: 2268

Merit: 1278

Can't tell if troll or genuinely confused newbie. So I'll just keep this short.

Bitcoin is better than gold. The only thing gold has on bitcoin is that it's shiny.

It doesn't matter who made it.

fewcoins

full member

Activity: 126

Merit: 100

Quote from: sgbett on September 30, 2014, 04:36:46 AM

Quote from: yayayo on September 29, 2014, 05:43:14 PM

An epic prediction indeed!

It's soo unbelievable, that it could even be true... Cheesy

Actually the explanation makes some sense to me.

What doesn't make sense to me is that OP considers that he will exchange Bitcoin for fiat money in this scenario like he has done in the past. Why? Because as more capital pours into Bitcoin, more goods and services will be available for purchase with Bitcoin. So fiat money quickly becomes obsolete (at least for a bitcoiner) in this scenario.

ya.ya.yo!

Hedging because however high it goes, you can't ever discount the probability of it failing. It's formulaic selling though to keep it unemotional x% per y% rise. The downside is capital gains tax :/ How I'd dearly love to be able to get some COIN in my pension!

At the theoretical $560k I would have sold about half my BTC. What I have left in BTC would still be worth about 7 times more than the fiat I had collected Shocked

That fiat would probably end up divested in metals & equities.

The point is "they" won't let fiat die & they will make sure to crash BTC into nothing before it even becomes competition... Don't you realize how illiquid this market is??? You're acting like you found gold when you're really buying scraps off of forex trading whales who entered this market just to crash it & make money. Think about what a ultimate troll you are walking around acting like you found the next best thing, convincing other people to throw their hard earned money at it, when you don't know who is even involved in this market or why the price was near 1,200 let alone know who even created all this madness. Everyone here will lose all of their money because of your misguided "leadership"

COME WITH FACTS OR STOP RANTING ABOUT HOW WONDERFUL BTC IS IN THEORY!

Topic: [prediction] Next spike $560,000 14 {<-oops!} months from now (2017 Update!) - page 26. (Read 71514 times)