Dear Mr. David,
Thank you for passing by to this thread and leaving your bullish news with us.
Hopefully you will come and again to post such an awesome and beautiful news as your sole my friend.
Thanks again
Hi Fakhoury,
Thanks for your kind words!
Just wanted to see if any here have similar thoughts about the upcoming block halving:
I am expecting a pump and dump with bitcoin like what we had with Litecoin about a month or so before the block halving. Litecoin did remain approximately double what it was before the pump after it had dumped.
Litecoin went up 8 times what it started at a month before the block halving. I don't see bitcoin getting pumped to that magnitude before a dump just before the block halving. I see 3 or 4 times; Not 8 times like Litecoin. Which means, if bitcoin was $320 just before the pump begins, it could pump up between $960 and $1,280 then dump back down to $420 to $640 range right at the point the block halving is implemented.
I know some here may not concur with what I'm speculating for next summer. I just know how manipulative bitcoin is right now because it's only a bit over a 4 Billion dollar market. THAT is very small compared to the majority of FIAT currencies. Bitcoin can be easily manipulated. Litecoin was easily manipulated. Why not bitcoin? You can bet Litecoin will ride up with bitcoin as well just before the bitcoin block halving. I plan on getting in on that pump and dump as well.
The Spring of 2016 through November of 2016 is going to be an exciting time and I'm looking forward to it very much!!!
Bitcoin is here to stay for the most part. The only way I see bitcoin being defeated is if the entire world turns into a totalitarian State or New World Order (NWO) controlled by the elites. THAT could be the end of bitcoin if that is accomplished. All banks would be banned from converting or transferring funds from bitcoin into FIAT or vice versa. I honestly do not see THAT serious threat raising its head until the year 2020 to 2022. The elites will allow the economy to continue its slow present course without a crash to avoid "blame" by the citizens of this world. They will want a world war to occur first before an economic melt down to avoid "blame."
The main battle ground for this NWO will be in the U.S. The U.S. is really the only country that stands in its way because so many here stand for Liberty and have over 300 million firearms to hold a revolt against such an attempt to take our freedoms. [Hence, Obama's continuous attempts to convince citizens to rid the U.S. of firearms similar to Australia and the UK - confiscation.] If that were to start, there would be a civil war in the U.S. You can count on it. That's when we could be vulnerable.
I know there are some who may think I'm some kind of crazy person but I really don't care. The only threat I see to bitcoin is the NWO.
Cheers,
David
P.S. - We can expect a HUGE pump in 2017 up to the $2,200 to $4,400 range. It's coming... Count on it.
BIG money will come into Gemini exchange over the next couple of years. Some may say the way Gemini will be policed by government will discourage people from trading there because of the way they will follow transactions of bitcoin addresses to see where the money came from. BIG money (NEW money) with no history of where the money may have come from will not be concerned with this. Those with a longer bitcoin history with multiple bitcoin addresses might have concerns but not newbies with BIG money who want to get in on the game.