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Topic: -- The Riddle of the Twin Brothers - Who Were, Are and Will Rule the World! - page 244. (Read 383196 times)

legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)


Tim Draper - "Bitcoin Heading To $10K By 2017."

Draper is one of the biggest investors in Sillicon Valley and I think he's being conservative so he doesn't end up looking like a Vlad, err, a crackpot.  

I think we'll see $10,000 by next year and I personally think that's gonna be just the start, we should see much higher levels since $10,000 should spark a massive Bitcoin worshipping, money loving, greed buying frenzy.  Push and Pull - Greed and Fear to the max.

Today's Bitcoin price:  $358, after a "big" run up from $220.


I think you all are dreaming. Bitcoin can't even break $500 and $1000. S$10k is impossible for bitcoin. It would take a lots of money to be in bitcoin for it to go so high.

The real question for me is the time-frame we are looking at, I see enough movement into Bitcoin to justify a base price of $67.45 just based on the infrastructure and seed capital in Bitcoin right now.
Not even calculating revenues and growth metrics from that.

That would have been in the trading range I started using Bitcoin in 2013 so if Draper is putting an estimate out of 10K by 2017, I presume he made the calculation based on 5 to 6 Billion Dollars in infrastructure investment for a base around $300-360 dollars with the return from the 1 Billion in 2015 launching new industries and increasing trading volumes and usage by at least a few folds around 50x which is fairly aggressive growth but it is tech.

At the very least it will break $500 by 2017 if Seed Funding remains steady in the future, on the low end a price just based on infrastructure would near $200 dollars based on 1 Billion in new seed capital each year to 2017.

http://money.cnn.com/2015/11/02/technology/bitcoin-1-billion-invested/
Total Supply at time of Post
14,826,650
1,000,000,000/14,826,650 = $ 67.446

(For Fun Present Metric P/I I made that up Price to Infrastructure is roughly 5 lol)
Peak was well the metrics for 2013 In Infrastructure divided by then supply and coinage 12 mill round Dec 2013
95.05 mill /12 mill = $7.92  
Price actual peak $1147.25/7.92 = 144.85 lol
http://www.coindesk.com/bitcoin-venture-capital/
https://blockchain.info/charts/total-bitcoins?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

So at theoretical Peak Bubble based on present infrastructure
67.446 * 144.85 = 9769.55 --> 10 K lol

I'll go With PE 5 and say $1500 whistle
legendary
Activity: 1344
Merit: 1000


Tim Draper - "Bitcoin Heading To $10K By 2017."

Draper is one of the biggest investors in Sillicon Valley and I think he's being conservative so he doesn't end up looking like a Vlad, err, a crackpot. 

I think we'll see $10,000 by next year and I personally think that's gonna be just the start, we should see much higher levels since $10,000 should spark a massive Bitcoin worshipping, money loving, greed buying frenzy.  Push and Pull - Greed and Fear to the max.

Today's Bitcoin price:  $358, after a "big" run up from $220.


I think you all are dreaming. Bitcoin can't even break $500 and $1000. S$10k is impossible for bitcoin. It would take a lots of money to be in bitcoin for it to go so high.
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net


Tim Draper - "Bitcoin Heading To $10K By 2017."

Draper is one of the biggest investors in Sillicon Valley and I think he's being conservative so he doesn't end up looking like a Vlad, err, a crackpot. 

I think we'll see $10,000 by next year and I personally think that's gonna be just the start, we should see much higher levels since $10,000 should spark a massive Bitcoin worshipping, money loving, greed buying frenzy.  Push and Pull - Greed and Fear to the max.

Today's Bitcoin price:  $358, after a "big" run up from $220.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)

Crash to $350.  Second hard crash this week.  It may go back to $500 but I doubt it, this is feeling like another fed pre-auction pump.  Good time to trade if you have a core position to HODL.  Just don't use margin cause they'll get you, especially on Bitfinex.

I think the real run - the run over $10k won't happen until early next year.  More time to accumulate.  Right now I would be buying the top alts, hand over fist, they'll pop as Bitcoin falters.

Well I was not expecting it to break through not one but two consecutive resistance ranges without having some sort of pullback.
That said I think the crash will be pretty much to $320-$330 from here before stabilizing and beginning some movement again, it could also tread sideways but that usually takes longer to call either way I'm satisfied for now that it had some good action.

It's a good time to move money to exchanges though and just have it sitting there for a week or two if the signs of another rally start becoming clearer, plus it still takes a few days for it to process.

The real run should occur within 9 months but this could be just a prelude to it, 2016 is an interesting year due to the halving and whether we see a power rally before it halves or a few months after.

(Alts might be a good move since they seem to be rising right now that Bitcoins calmed again, although I am not sure myself which alts are the most tempting but assuming the risks it may be worth looking more into that)
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net

Crash to $350.  Second hard crash this week.  It may go back to $500 but I doubt it, this is feeling like another fed pre-auction pump.  Good time to trade if you have a core position to HODL.  Just don't use margin cause they'll get you, especially on Bitfinex.

I think the real run - the run over $10k won't happen until early next year.  More time to accumulate.  Right now I would be buying the top alts, hand over fist, they'll pop as Bitcoin falters.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)

Trend wise this is the second testing point for Bitcoin, it has difficulties between the 420 and 450 Range breaking through to that $500 range implies that the major resistance walls weaken again until it hits the 600 to 800 targets.

Right now we are touching the old bottom point for the 2014 Stable ranges and that peaked at 600 so if we get a second push through it will be another run to the next target.

And perhaps that would be damn good news for launching an ETF at the least the exchanges are under pressure because people are using Bitcoin ATM's with this rally.

https://blockchain.info/charts/market-price?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=


Good analysis.

Problem with BTC is that there are major players with ulterior motives and Bitcoin is so illiquid that it's easy to manipulate so all the manipulation ends up defying all investment logic.  Likewise, once the hype starts the run is going to be equally spectacularly manipulative.

Thanks and your right it's true enough there are always ulterior motives like Willybot etc, we have both seen 2013 heck even 2011 but with Bitcoin once it really starts to rally it does not stop for a while, and when it decides to finally slow down it tends to have broken new ground in the all time high, but its still early to call out a +$1000 dollar call but the current momentum at least seems to justify that 7 weeks of straight green lines and week to week gains that the possibility is there.

Either way it will be spectacular and it's that time again to put on our sunglasses Smiley
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net

Trend wise this is the second testing point for Bitcoin, it has difficulties between the 420 and 450 Range breaking through to that $500 range implies that the major resistance walls weaken again until it hits the 600 to 800 targets.

Right now we are touching the old bottom point for the 2014 Stable ranges and that peaked at 600 so if we get a second push through it will be another run to the next target.

And perhaps that would be damn good news for launching an ETF at the least the exchanges are under pressure because people are using Bitcoin ATM's with this rally.

https://blockchain.info/charts/market-price?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=


Good analysis.

Problem with BTC is that there are major players with ulterior motives and Bitcoin is so illiquid that it's easy to manipulate so all the manipulation ends up defying all investment logic.  Likewise, once the hype starts the run is going to be equally spectacularly manipulative.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)


This is one of those times indeed Vlad
You wrote this yesterday and we are already seeing it pass $435 (437.66)
So this is the monster run we were all waiting for.

I thought we'd top at $399 but it blew that right off with no selloff.  I'm not convinced yet this is the next big run but if it break $500 with the same conviction then it might be.  Gemini is ready so hopefully the ETF is imminent.  That's the spark that will take us to $10,000+ in a hurry.  

Trend wise this is the second testing point for Bitcoin, it has difficulties between the 420 and 450 Range breaking through to that $500 range implies that the major resistance walls weaken again until it hits the 600 to 800 targets.

Right now we are touching the old bottom point for the 2014 Stable ranges and that peaked at 600 so if we get a second push through it will be another run to the next target.

And perhaps that would be damn good news for launching an ETF at the least the exchanges are under pressure because people are using Bitcoin ATM's with this rally.

https://blockchain.info/charts/market-price?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net


This is one of those times indeed Vlad
You wrote this yesterday and we are already seeing it pass $435 (437.66)
So this is the monster run we were all waiting for.

I thought we'd top at $399 but it blew that right off with no selloff.  I'm not convinced yet this is the next big run but if it break $500 with the same conviction then it might be.  Gemini is ready so hopefully the ETF is imminent.  That's the spark that will take us to $10,000+ in a hurry. 
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)

$375 and still going strong.

This could be more than the usual pre-fed auction run.  I wouldn't risk it by dumping here.  Just hold and hope this is the start of the next monster run. 

This is one of those times indeed Vlad
You wrote this yesterday and we are already seeing it pass $435 (437.66)
So this is the monster run we were all waiting for.
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net

$375 and still going strong.

This could be more than the usual pre-fed auction run.  I wouldn't risk it by dumping here.  Just hold and hope this is the start of the next monster run. 
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net

Is this what freedom from banks, corporations and governments looks like?

Man, we really showed them, eh?  Hahaha. 

And the parrots say:  Kill the fed!  Kill the fed!  Kill the fed!


------

Björn Eriksson, former head of Sweden’s national police and now head of Säkerhetsbranschen, a lobbying group for the security industry, told The Local, “I’ve heard of people keeping cash in their microwaves because banks won’t accept it.” Fotolia

Sweden is shaping up to be the first country to plunge its citizens into a fascinating — and terrifying — economic experiment: negative interest rates in a cashless society.

Banking Giant, Credit Swisse, recently said:  "If you have to use cash then something is wrong."

-----

Shit Bobby, doesn't this look a lot like a war on cash and an incredibly well planned out global bank/corp/government wealth confiscation and enslavement scheme?  Haha!

Not much time left, BUY BUY BUY!!!

Then RUN RUN RUN!  lol
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net

I'm in Eastern Europe "problem solving" and Internet is spotty which is why I'm not logged on often.  Not to mention hackers at every café.  lol
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net

Senate passes controversial cybersecurity bill Cisa 74 to 21

What does this mean?

The government can check and follow your wallets without your knowledge [and soon confiscate].

Exactly like I said in 2013.

Back then Andreas said we would simply disobey or use another coin. What's the head muppet saying now? 

Not a word.  Bought and paid for.
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net
Hello Vlad2Vlad !

What's happen with the Bitcoin now ? It seems that the old good days are back, the price is $295 now and it is still raising...


I was telling people at $220 it was going to $300 by month's end.  It always runs prior to the fed auction.  It may stay up this time but I doubt it. Crash back to $220 after the auction in a week unless something big happens.

Nothing more predictable than the federal government.  Haha
hero member
Activity: 826
Merit: 1000
'All that glitters is not gold'
Hello Vlad2Vlad !

What's happen with the Bitcoin now ? It seems that the old good days are back, the price is $295 now and it is still raising...
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
"estimated altcoin inflation or total supply over the next 10 years?"

EZ ... what is none.

ix might be negative inflation due to lost wallets.
sr. member
Activity: 328
Merit: 250
since 2011... IXC is a legend

unfortunately its name is not bright (just iX)
that's the problem

maybe to join forces with a coin that has a bright name?

estimated altcoin inflation or total supply over the next 10 years?
the information is needed for http://alt19.com/19/cryptocurrency.php

thank you

legendary
Activity: 3052
Merit: 1534
www.ixcoin.net

Blythe Masters:  FEAR and GREED will drive banks into Bitcoin technology.

Hmmmm, where have I heard that before?  Haha.

Good to know the biggest bankers in the world agree with the Vlad.  lol
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net


who the hell owns IX coin or mined it

Not sure what the question is.  Easily over 100,000 people have mined and/or bought IXC so ixCoin is one of the best and most fairly distributed coins in existence.

Can you imagine Bitcoin staying at a sub 2 penny price for nearly 5 years, until the entire 21 million coins were fully mined out and distributed, and on numerous easily accessible exchanges for all to buy and accumulate, on top of the "free" merge mined factor where most miners got it for free for simply mining another coin?

For this reason alone, I believe iXCoin is one of the easiest coins to sell to the masses out of any other coin out there - including Bitcoin. 

iXCoin is the epitome of fairness in mass distribution [and wealth reformation]. 
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