So you are saying that price will pump hard in the next 2 weeks and then goes down by 75% in 2 years? I need to beg more then, 2 months ago I was begging for 20BTC to buy a house, yesterday I begged for 1.5BTC to buy the same house, if what you are saying is true, I could beg you for that 1.5BTC and then sell it for cash waiting for that crash to buy at least 4 Bitcoins with that money. so if you give me 1.5 BTC I will pay you back 2.5 after a month.
My prediction, people will keep using it for what it offers them. the ability to jump freely.
Topic: Prediction of bitcoin price within 2 weeks and following 2 years (Read 311 times)
December 03, 2017, 10:20:29 PM
Graph 1 demonstrate price in 2013 after the peak, graph 2 shows a similar pattern without peak ($15000 equivalent)
http://sv.tinypic.com/view.php?pic=16ht56o&s=9#.WiS2vDdry70
http://sv.tinypic.com/view.php?pic=2lk8rk7&s=9#.WiS2ijdry70
Based on personal investment research I think a plausible scenario will be as follows:
1) Bitcoin goes to $15 000 around futures opening and a few days after with high volatility, sentiment suggests this price as a sell target for some investors, also: sell the news
2) Whales short bitcoin relentlessly, data suggests this is a plausible outcome as they aim to "stabilize the price" i.e short.
3) small savers see investment dwindle over a period of years to a low of around -75% of current price, it will be a capitulation of this generation of savers and resets bitcoin at the cusp of the 2020's in 2 years
4) altcoin boom of 2020's or other disruptive emergence, possibly fiat crisis
side note: I don't believe price gains are a result of concealed hyper inflation since traditional commodities remain horizontal
Conclusion: sell part of investment in 50% gain, buyback at -75% in 6 months
http://sv.tinypic.com/view.php?pic=16ht56o&s=9#.WiS2vDdry70
http://sv.tinypic.com/view.php?pic=2lk8rk7&s=9#.WiS2ijdry70
Based on personal investment research I think a plausible scenario will be as follows:
1) Bitcoin goes to $15 000 around futures opening and a few days after with high volatility, sentiment suggests this price as a sell target for some investors, also: sell the news
2) Whales short bitcoin relentlessly, data suggests this is a plausible outcome as they aim to "stabilize the price" i.e short.
3) small savers see investment dwindle over a period of years to a low of around -75% of current price, it will be a capitulation of this generation of savers and resets bitcoin at the cusp of the 2020's in 2 years
4) altcoin boom of 2020's or other disruptive emergence, possibly fiat crisis
side note: I don't believe price gains are a result of concealed hyper inflation since traditional commodities remain horizontal
Conclusion: sell part of investment in 50% gain, buyback at -75% in 6 months
1- to short, someone must buy
2- its very likely that whatever happens in futures has little effect on bitcoin as it is cash settled
3- Unless they all,only short, they cant keep btc down for years
I call the case closed
December 03, 2017, 09:55:36 PM
outdated price talk
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