Its too early to predict since the market still struggling to go atleast even higher from this past weeks prices but i will never stop trusting the cryptocurrencies
Yes we are sitting around $3k now,but dont forget that this market can grow in just a day or so ,better be awate of this and please stop trolling around dude
Topic: The rally will eventually end with a dip to at least $5.5K //3K (Read 2167 times)
December 15, 2018, 01:24:29 PM
Jesus christ dude knew it will end with 3k when it was last year. It has been over a year now and he is spot on correct. I know there are a million people out there doing all kinds of estimates and eventually one of the has to be true but being spot on correct after a whole year is just insane. Do you know how many silly and insane things had to happen to get us here ?
Only one thing really needed to happen and it did - a bubble. The behaviour was similar on the way up to the previous one, it stands to reason that the downside would look similar too. Obviously the timing and numbers were different but the sentiment not.
Still it was a good call despite the derision it attracted. Let's see if it's the definitive one.
December 15, 2018, 12:11:25 PM
Jesus christ dude knew it will end with 3k when it was last year. It has been over a year now and he is spot on correct. I know there are a million people out there doing all kinds of estimates and eventually one of the has to be true but being spot on correct after a whole year is just insane. Do you know how many silly and insane things had to happen to get us here ?
I mean this dude didn't put the calculations of what bitcoin cash war could bring us and how craig could sell thousands of bitcoin all at the same tim dropping the price in half an hour and so forth, he just assumed the price can't sustain up there and had to drop. No matter what will happen from now on I still congratulate him on this guess, it is by far one of the best ones I have ever seen in my 6 years of crypto world.
I mean this dude didn't put the calculations of what bitcoin cash war could bring us and how craig could sell thousands of bitcoin all at the same tim dropping the price in half an hour and so forth, he just assumed the price can't sustain up there and had to drop. No matter what will happen from now on I still congratulate him on this guess, it is by far one of the best ones I have ever seen in my 6 years of crypto world.
December 15, 2018, 10:42:11 AM
I dont know how high it will go but that is how low it will go. Just a humble call made purely via pattern extrapolation. Since you so strongly believe it will not happen, that is exactly why it's going to happen. I have no further arguments.
This is a very strange way of thinking, to my mind. I do not think that Bitcoin will ever fall so low as it is supported by those ones who have invested a lot into it. The price can fluctuate for a long time, however.
Really? There's a big chance that by tomorrow we'd hit 3k already. I think today we touched 3.1k so what makes you think that 3k can't be met. I doubt that there will be any reversals since people would put more attention towards the coming holidays.
December 14, 2018, 09:16:33 PM
3k has arrived.
Looks like an overall panic, but the market is primed for a big bounce here. I expect multiple bounces off of 3k, and then a likely fall to attempt the support at $1800.
Looks like an overall panic, but the market is primed for a big bounce here. I expect multiple bounces off of 3k, and then a likely fall to attempt the support at $1800.
February 08, 2018, 11:03:52 AM
I dont know how high it will go but that is how low it will go. Just a humble call made purely via pattern extrapolation. Since you so strongly believe it will not happen, that is exactly why it's going to happen. I have no further arguments.
This is a very strange way of thinking, to my mind. I do not think that Bitcoin will ever fall so low as it is supported by those ones who have invested a lot into it. The price can fluctuate for a long time, however.
February 07, 2018, 09:48:37 AM
Bitcoin price movement proves to be truly unpredictable. For a few days, it is still possible to reach the price range of $3-5k. The uptrend that happened within 36 hours from $6k to $8.4k could be a bull trap from the new players who have entered the market. For long term, I still believe that when bitcoin has been fully developed and adopted by the people, it could still reach a price level of $500k.
February 07, 2018, 09:25:52 AM
Unpredictable. Not sure we can forsee what will happen at this point. Things are definitely fragile.
February 07, 2018, 08:42:47 AM
I dont know how high it will go but that is how low it will go. Just a humble call made purely via pattern extrapolation. Since you so strongly believe it will not happen, that is exactly why it's going to happen. I have no further arguments.
It is a really great prediction when no one thought that the market would correct like that,but it was an exceptional prediction like any other i have seen,i would like to know how you came up with this conclusion,so that i could compare when i want to understand at a later stage,the price is recovering at this stage,but i am impressed with your prediction back in Dec. 
February 06, 2018, 08:44:12 AM
I'm so sorry for this horrible thread.
Hypocrite...
You are not sorry at all, you are gloating! 
I'd like to read your opinion on the final bottom, I believe it's not this one, but could take 1 - 2 more months.
February 06, 2018, 08:33:55 AM
Im doing amateur necromancing, I revived a 10 week old thread. I'm not quite raising the dead yet.
February 06, 2018, 08:03:50 AM
I'm so sorry for this horrible thread.
Did you, by any chance, semi-necro this thread to show people that you were sort of right all along?
Not criticism, mind you. I've been appreciating your posts for quite a while already.
February 06, 2018, 08:03:18 AM
I dont know how high it will go but that is how low it will go. Just a humble call made purely via pattern extrapolation. Since you so strongly believe it will not happen, that is exactly why it's going to happen. I have no further arguments.
I'm so sorry for this horrible thread.
i am going to give you the same answer that i would have given you if i saw this topic back in 2017-12-04.
you can't predict bitcoin price with any kind of pattern extrapolation, analysis, .... there are lots of them out there at any time they all contradict each other. some come true and some don't. those that come true give a false sense of "correctness".
although that is just my opinion, based on what i have seen in the past few years with bitcoin and seeing how unpredictable it is. i would still love to see these extrapolations though.
February 06, 2018, 07:30:26 AM
I'm so sorry for this horrible thread.
It was pretty much spot on
February 06, 2018, 07:21:50 AM
I'm so sorry for this horrible thread.
December 18, 2017, 08:19:25 PM
The question is how long will the bear market last. Will we have a long bear like 2014-2015? The 2020 bubble will be epic!
many of guys are so pessimistic. I do not think that it will fall so very much, but 5,5 thousand seem to me something possible.
December 12, 2017, 11:40:03 AM
The question is how long will the bear market last. Will we have a long bear like 2014-2015? The 2020 bubble will be epic!
many of guys are so pessimistic. I do not think that it will fall so very much, but 5,5 thousand seem to me something possible.
December 10, 2017, 02:10:59 PM
Right - the peak is a level logarithmically above the mean, driven by traders, and the bottom is a level logarithmically BELOW the mean, again driven by traders, and the two levels are vastly different, especially since we are dealing with exponential price discovery.
People make a mistake when I say "I predict a dip to $x" that I think that's the real value of bitcoin or that the price is going to stay there for a significant amount of time - no its a hammer candle.
Fair enough. People make a mistake when I say "I predict a dip to $x" that I think that's the real value of bitcoin or that the price is going to stay there for a significant amount of time - no its a hammer candle.
December 10, 2017, 05:11:19 AM
Right - the peak is a level logarithmically above the mean, driven by traders, and the bottom is a level logarithmically BELOW the mean, again driven by traders, and the two levels are vastly different, especially since we are dealing with exponential price discovery.
People make a mistake when I say "I predict a dip to $x" that I think that's the real value of bitcoin or that the price is going to stay there for a significant amount of time - no its a hammer candle.
People make a mistake when I say "I predict a dip to $x" that I think that's the real value of bitcoin or that the price is going to stay there for a significant amount of time - no its a hammer candle.
December 10, 2017, 04:51:53 AM
The mistake people make is that they think the price of Bitcoin has everything to do with the value of Bitcoin. The price of Bitcoin has more to do with human psychology, which follows predictable patterns.
Depending on how high this rally goes, $5k could be the relevant support level. The important thing to know is that there will be a bubble, there will be a crash, there will be an immediate rebound, and there will be a long, slow, excruciating bear market as the price gradually slips lower and lower. At some point, there will be a capitulation where the price briefly spikes down to a level no one could POSSIBLY imagine because they all jumped on board during the bull market and thought it would go up forever.
These facts have nothing to do with the value or usefulness of Bitcoin which we all know is great. They have to do with the psychology of humans and traders which haven't changed since the beginning of time. That's why every Bitcoin bubble looks the same.
Depending on how high this rally goes, $5k could be the relevant support level. The important thing to know is that there will be a bubble, there will be a crash, there will be an immediate rebound, and there will be a long, slow, excruciating bear market as the price gradually slips lower and lower. At some point, there will be a capitulation where the price briefly spikes down to a level no one could POSSIBLY imagine because they all jumped on board during the bull market and thought it would go up forever.
These facts have nothing to do with the value or usefulness of Bitcoin which we all know is great. They have to do with the psychology of humans and traders which haven't changed since the beginning of time. That's why every Bitcoin bubble looks the same.
This bro lifts
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