very accurate short term predictions are available on
https://digitalcurrencyresearch.com/
https://digitalcurrencyresearch.com/
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this is no ad, just a response to the discussions about short term forecasts
Topic: September and October will be eventful. - page 3. (Read 10427 times)
Adblock, where are you?
this is no ad, just a response to the discussions about short term forecasts
Just like so many others sunnankar his timing is poor. His most bullish posts appear at tops. At bottoms he is silent here. At least since I follow him end 2012.
This is not emotional analyses, just empirical observation.
I like his interviews and it's thanks to him also that I started seeing and understanding bitcoin. I agree with his long term bullish stand, I criticise his short term poor timing here on the speculation forum.
RS, I'd like to gently pull seniority on you here. Sunnankar has been doing bullish posts since I joined early 2012, with BTC < $5. He's been bullish the entire time, which is consistent with a financial advisor, BTW. These guys and their clients are not day traders.
There's no "bad timing" here. There's no timing at all. He's looking at a 5+ year horizon.
In such case my criticism would be incorrect indeed. However Sunnankar his posts here on the speculation forum are short term predictions, like he did again in this thread, not long term ones.
I think my criticism still stands and I will add a warning: be careful with his short term price predictions here, I remember he also posted similar short term bullish stories right before the collapse from $200 to $50.
Long term his price predictions have been very good though and I highly recommend to check out his work to understand the true value and potential of bitcoin.
very accurate short term predictions are available on
https://digitalcurrencyresearch.com/
sr. member
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
Just like so many others sunnankar his timing is poor. His most bullish posts appear at tops. At bottoms he is silent here. At least since I follow him end 2012.
This is not emotional analyses, just empirical observation.
I like his interviews and it's thanks to him also that I started seeing and understanding bitcoin. I agree with his long term bullish stand, I criticise his short term poor timing here on the speculation forum.
RS, I'd like to gently pull seniority on you here. Sunnankar has been doing bullish posts since I joined early 2012, with BTC < $5. He's been bullish the entire time, which is consistent with a financial advisor, BTW. These guys and their clients are not day traders.
There's no "bad timing" here. There's no timing at all. He's looking at a 5+ year horizon.
In such case my criticism would be incorrect indeed. However Sunnankar his posts here on the speculation forum are short term predictions, like he did again in this thread, not long term ones.
I think my criticism still stands and I will add a warning: be careful with his short term price predictions here, I remember he also posted similar short term bullish stories right before the collapse from $200 to $50.
Long term his price predictions have been very good though and I highly recommend to check out his work to understand the true value and potential of bitcoin.
don't forget my new meme:
"The Vladdy Logarithmic Effect:
https://bitcointalksearch.org/topic/m.2912354
"The Vladdy Logarithmic Effect:
https://bitcointalksearch.org/topic/m.2912354
Vladimir is right.
I think it is still hard for people to grasp that even getting in now constitutes an early adopter. (I speak to many people due to my job and most say "I won't pay $100 for 1 BTC." but they fail to realize they are thinking about things wrongly. e.g. not considering float, divisibility, state of finance everywhere, etc.)
As a new guy, I wholeheartedly agree. I don't think they realize the implications of it all. There is so much potential. And now the momentum is there too.
When the price graph is the only piece of information that you treat most seriously, you're ignoring all the context that gives the price meaning. Alot of newbies do just that (been there). The panic buying that accompanies USD slump is going to be quite something.
Too long ago it would not have been ready nor the right time, but now...
The Times 03/Jan/2009 Chancellor on brink of second bailout for banks
Not sure what your intention is, but isn't that what Satoshi wrote into the first mined block?
Just to be clear, I was talking about before BTC was out, years before actually.
And by "now" - I'm talking the current time frame we are in, including BTC's inception.
Too long ago it would not have been ready nor the right time, but now...
The Times 03/Jan/2009 Chancellor on brink of second bailout for banks
I think it is still hard for people to grasp that even getting in now constitutes an early adopter. (I speak to many people due to my job and most say "I won't pay $100 for 1 BTC." but they fail to realize they are thinking about things wrongly. e.g. not considering float, divisibility, state of finance everywhere, etc.)
As a new guy, I wholeheartedly agree. I don't think they realize the implications of it all. There is so much potential. And now the momentum is there too.
I'm glad I realized this in time. Lucky, even.
But it goes beyond any financial gains. It's something I am proud to be a part of.
Yes to the bolded. I've said it elsewhere as have others - It's nice to be a part of the largest social experiment (by us) in our history, and not "apart" from it.
And this isn't about "The Money" per say, though money has represented power through coercion through our history and BTC is a step away from that.
BTC is not the answer, but it is an answer to get us away from corrupt banks, governments, corporations, etc. controlling us via the money supply.
Still a long way to go, but the first few steps have been taken.
I remember back in the early days of the internet (I was in IT then) - I saw the disruptive force it could and probably would be. Most people, as obvious as what it was that I saw, either were incapable of seeing it or just don't care about visionary things. Well, BTC is another disruptive technology and it came at a very opportune time. Too long ago it would not have been ready nor the right time, but now...
I have been in NYC the past two weeks working on several very significant Bitcoin related projects.
Any chance you can elaborate? Also - Will you be posting to your blog anytime soon?
Wish I could.
Just wait for the news, serious journalists like the WSJ have already been getting briefed but cannot write about it yet, which should come out around the last week of September. Additionally, this fall there will be probably 6+ 'big names', like Richard Bove or Chamath Palihapitiya [starting at 19:15], in the investment community that will come out in favor of Bitcoin and that will cause a lemming like effect.
And the private wealth managers out of Asia are stacking Bitcoins away as the new favorite asset class. Many of the HNWI family offices will not make an investment in the sub-$25-50m range. So, when Bitcoin melts up then it is going to be free range for a lot of these ultra-rich Asia families to move in.
If about $1m of new capital moves the price $9 then just imagine what $500m-$1B of new capital flowing into this asset class would do to the price. Especially if that $500m requires 'clean bitcoins' from a known source of funds. The making of a 'melt-up' in price to a much more fundamentally sound valuation since Bitcoins are largely undervalued given their characterstics (no counter-party risk, cannot be seized and equity based like gold).
This is going to be a wild ride this fall. So strap yourselves in and let's kick the tires and light the fires!
Thanks for sharing that. Will be keeping an eye on the news. It just seems like a matter of time till big money starts to get behind BTC (and then smaller money will follow and lets not forget smart money
).I wonder about countries like India, whose government discourages it's people from getting into gold (because the government is trying to!). And so BTC might be an alternative...
And as already stated, there is a bit of a currency war going on, so countries like China, Russia, etc. can use BTC as a bit of a proxy war against the USD. Russia does not forget easily what the US did to it's currency to help the Soviet Union collapse...
I think it is still hard for people to grasp that even getting in now constitutes an early adopter. (I speak to many people due to my job and most say "I won't pay $100 for 1 BTC." but they fail to realize they are thinking about things wrongly. e.g. not considering float, divisibility, state of finance everywhere, etc.)
IAS
- This time around I plan on selling half of my stash when the price doubles for what I paid and then I will buy more if the price does crash. If it never crashes again then I have a small little stash of BTC that I did not pay anything for at least so it becomes a zero risk investment regardless of what it does at that point. That is my thinking anyways.
^ Excellent thinking! Totally approve. But do you have the discipline? When your sell price is reached, will you pull the trigger?
Besides Bitcoin, as we all know is DIFFERENT!
Well, it may actually be.
My initial trigger was set to 100$ but when I saw just how rapidly the price was increasing I cancelled my trigger, it's now set to 1000$. Also, to pull out funds the price should be somewhat stabilized. Cashing out during a rapid uptrend is a gamble for short-term traders, trying the outsmart the forming bubble. I would go for long term gains, eliminating bubbles from the equation.
You only trade with money you can freely lose, so what would you be afraid of?
Thats the biggest joke of all time.
sunnankar is a professional investment advisor. When BTC crashed (and who could have predicted it between 100 to 500) of course it becomes necessary to look at other things. If you are a painter sometimes you paint houses, sometimes bridges or boats. But I did not hear sunnankar "dumping" bitcoin... he probably just had to do other stuff for awhile. Whales make the same mistakes as the majority, following trends.
RS, start thinking rationally not emotionally here. (sorry that you sold :-)) Put the post in its context. This venue makes it extremely unlikely that it is a "pump" attempt, as compared to the broader media outlets that sunnankar has access to or even the wall observer thread.
RS, start thinking rationally not emotionally here. (sorry that you sold :-)) Put the post in its context. This venue makes it extremely unlikely that it is a "pump" attempt, as compared to the broader media outlets that sunnankar has access to or even the wall observer thread.
Just like so many others sunnankar his timing is poor. His most bullish posts appear at tops. At bottoms he is silent here. At least since I follow him end 2012.
This is not emotional analyses, just empirical observation.
I like his interviews and it's thanks to him also that I started seeing and understanding bitcoin. I agree with his long term bullish stand, I criticise his short term poor timing here on the speculation forum.
RS, I'd like to gently pull seniority on you here. Sunnankar has been doing bullish posts since I joined early 2012, with BTC < $5. He's been bullish the entire time, which is consistent with a financial advisor, BTW. These guys and their clients are not day traders.
There's no "bad timing" here. There's no timing at all. He's looking at a 5+ year horizon.
sr. member
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
sunnankar is a professional investment advisor. When BTC crashed (and who could have predicted it between 100 to 500) of course it becomes necessary to look at other things. If you are a painter sometimes you paint houses, sometimes bridges or boats. But I did not hear sunnankar "dumping" bitcoin... he probably just had to do other stuff for awhile. Whales make the same mistakes as the majority, following trends.
RS, start thinking rationally not emotionally here. (sorry that you sold :-)) Put the post in its context. This venue makes it extremely unlikely that it is a "pump" attempt, as compared to the broader media outlets that sunnankar has access to or even the wall observer thread.
RS, start thinking rationally not emotionally here. (sorry that you sold :-)) Put the post in its context. This venue makes it extremely unlikely that it is a "pump" attempt, as compared to the broader media outlets that sunnankar has access to or even the wall observer thread.
You are twisting my words.
I did not say he is dumping bitcoins on lows, nor have I sold mine. I sold some, kept some.
Just like so many others sunnankar his timing is poor. His most bullish posts appear at tops. At bottoms he is silent here. At least since I follow him end 2012.
This is not emotional analyses, just empirical observation.
I like his interviews and it's thanks to him also that I started seeing and understanding bitcoin. I agree with his long term bullish stand, I criticise his short term poor timing here on the speculation forum.
I have been in NYC the past two weeks working on several very significant Bitcoin related projects.
Any chance you can elaborate? Also - Will you be posting to your blog anytime soon?
Wish I could.
Just wait for the news, serious journalists like the WSJ have already been getting briefed but cannot write about it yet, which should come out around the last week of September. Additionally, this fall there will be probably 6+ 'big names', like Richard Bove or Chamath Palihapitiya [starting at 19:15], in the investment community that will come out in favor of Bitcoin and that will cause a lemming like effect.
And the private wealth managers out of Asia are stacking Bitcoins away as the new favorite asset class. Many of the HNWI family offices will not make an investment in the sub-$25-50m range. So, when Bitcoin melts up then it is going to be free range for a lot of these ultra-rich Asia families to move in.
If about $1m of new capital moves the price $9 then just imagine what $500m-$1B of new capital flowing into this asset class would do to the price. Especially if that $500m requires 'clean bitcoins' from a known source of funds. The making of a 'melt-up' in price to a much more fundamentally sound valuation since Bitcoins are largely undervalued given their characterstics (no counter-party risk, cannot be seized and equity based like gold).
This is going to be a wild ride this fall. So strap yourselves in and let's kick the tires and light the fires!
Sure but all these things take time.
I remember when prices were going vertical in April, already around $200 you were posting similar bullish stories.
It collapsed for months afterwards and no posts from you about the price. Now that price goes vertical again you are back?
I'll forgive you since you are always bullish, also on lows, but I'm not impressed with your timing lately.
Maybe the lack of comments on the lows was because he knew that it was just a matter of time before we would be back up again? I think so many people panicked during the past few months. Since I am generally very bullish I just held on during the lows with some assurance that we would eventually get back into a bull run at some point.
sunnankar is a professional investment advisor. When BTC crashed (and who could have predicted it between 100 to 500) of course it becomes necessary to look at other things. If you are a painter sometimes you paint houses, sometimes bridges or boats. But I did not hear sunnankar "dumping" bitcoin... he probably just had to do other stuff for awhile. Whales make the same mistakes as the majority, following trends.
RS, start thinking rationally not emotionally here. (sorry that you sold :-)) Put the post in its context. This venue makes it extremely unlikely that it is a "pump" attempt, as compared to the broader media outlets that sunnankar has access to or even the wall observer thread.
I am glad to hear about a resumption of activity, esp. in the USA. Clearly the effect of the Bitcoin Foundation's meeting was to ease some fundamental risk factor in some participants and their friends' minds. Something fundamental and non-specific -- like maybe that BTC would be simply declared illegal in USA...
- This time around I plan on selling half of my stash when the price doubles for what I paid and then I will buy more if the price does crash. If it never crashes again then I have a small little stash of BTC that I did not pay anything for at least so it becomes a zero risk investment regardless of what it does at that point. That is my thinking anyways.
^ Excellent thinking! Totally approve. But do you have the discipline? When your sell price is reached, will you pull the trigger?
Besides Bitcoin, as we all know is DIFFERENT!
Well, it may actually be.
I have been in NYC the past two weeks working on several very significant Bitcoin related projects.
Any chance you can elaborate? Also - Will you be posting to your blog anytime soon?
Wish I could.
Just wait for the news, serious journalists like the WSJ have already been getting briefed but cannot write about it yet, which should come out around the last week of September. Additionally, this fall there will be probably 6+ 'big names', like Richard Bove or Chamath Palihapitiya [starting at 19:15], in the investment community that will come out in favor of Bitcoin and that will cause a lemming like effect.
And the private wealth managers out of Asia are stacking Bitcoins away as the new favorite asset class. Many of the HNWI family offices will not make an investment in the sub-$25-50m range. So, when Bitcoin melts up then it is going to be free range for a lot of these ultra-rich Asia families to move in.
If about $1m of new capital moves the price $9 then just imagine what $500m-$1B of new capital flowing into this asset class would do to the price. Especially if that $500m requires 'clean bitcoins' from a known source of funds. The making of a 'melt-up' in price to a much more fundamentally sound valuation since Bitcoins are largely undervalued given their characterstics (no counter-party risk, cannot be seized and equity based like gold).
This is going to be a wild ride this fall. So strap yourselves in and let's kick the tires and light the fires!
Sure but all these things take time.
I remember when prices were going vertical in April, already around $200 you were posting similar bullish stories.
It collapsed for months afterwards and no posts from you about the price. Now that price goes vertical again you are back?
I'll forgive you since you are always bullish, also on lows, but I'm not impressed with your timing lately.
Maybe the lack of comments on the lows was because he knew that it was just a matter of time before we would be back up again? I think so many people panicked during the past few months. Since I am generally very bullish I just held on during the lows with some assurance that we would eventually get back into a bull run at some point.
sr. member
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
I have been in NYC the past two weeks working on several very significant Bitcoin related projects.
Any chance you can elaborate? Also - Will you be posting to your blog anytime soon?
Wish I could.
Just wait for the news, serious journalists like the WSJ have already been getting briefed but cannot write about it yet, which should come out around the last week of September. Additionally, this fall there will be probably 6+ 'big names', like Richard Bove or Chamath Palihapitiya [starting at 19:15], in the investment community that will come out in favor of Bitcoin and that will cause a lemming like effect.
And the private wealth managers out of Asia are stacking Bitcoins away as the new favorite asset class. Many of the HNWI family offices will not make an investment in the sub-$25-50m range. So, when Bitcoin melts up then it is going to be free range for a lot of these ultra-rich Asia families to move in.
If about $1m of new capital moves the price $9 then just imagine what $500m-$1B of new capital flowing into this asset class would do to the price. Especially if that $500m requires 'clean bitcoins' from a known source of funds. The making of a 'melt-up' in price to a much more fundamentally sound valuation since Bitcoins are largely undervalued given their characterstics (no counter-party risk, cannot be seized and equity based like gold).
This is going to be a wild ride this fall. So strap yourselves in and let's kick the tires and light the fires!
Sure but all these things take time.
I remember when prices were going vertical in April, still around $180 you were posting similar bullish stories.
It collapsed for months afterwards, hitting $70 several times, and cannot remember bullish posts from you at those lows. Now that price has been going straight up for 2 months crossing $140 again you are back?
I'm not impressed with your timing of bullish posts here on the forum!
We are on the verge of panic buying and seller strikes. ....
Expect a bunch of elephants to try to squeeze into Bitcoin room via a tiny door of roughly 50-100kBTC available on sale at a price below of the all time high 266$. Buy popcorn. September and October will be eventful.
Expect a bunch of elephants to try to squeeze into Bitcoin room via a tiny door of roughly 50-100kBTC available on sale at a price below of the all time high 266$. Buy popcorn. September and October will be eventful.
I think you may be underestimating where the price could go this fall.
I have been in NYC the past two weeks working on several very significant Bitcoin related projects. I think there is a possibility we could see a major price melt-up based on fundamentals to $1,000+, perhaps even $5,000+ and then a crash if the markets get particularly unruly, bitcoins over the next 6 months.
When this guy speaks ^ be sure to listen.
I have been in NYC the past two weeks working on several very significant Bitcoin related projects.
Any chance you can elaborate? Also - Will you be posting to your blog anytime soon?
Wish I could.
Just wait for the news, serious journalists like the WSJ have already been getting briefed but cannot write about it yet, which should come out around the last week of September. Additionally, this fall there will be probably 6+ 'big names', like Richard Bove or Chamath Palihapitiya [starting at 19:15], in the investment community that will come out in favor of Bitcoin and that will cause a lemming like effect.
And the private wealth managers out of Asia are stacking Bitcoins away as the new favorite asset class. Many of the HNWI family offices will not make an investment in the sub-$25-50m range. So, when Bitcoin melts up then it is going to be free range for a lot of these ultra-rich Asia families to move in.
If about $1m of new capital moves the price $9 then just imagine what $500m-$1B of new capital flowing into this asset class would do to the price. Especially if that $500m requires 'clean bitcoins' from a known source of funds. The making of a 'melt-up' in price to a much more fundamentally sound valuation since Bitcoins are largely undervalued given their characterstics (no counter-party risk, cannot be seized and equity based like gold).
This is going to be a wild ride this fall. So strap yourselves in and let's kick the tires and light the fires!
I like wild rides. They are fun. The drops are a little scary but it is fun at the peaks.
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