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Topic: The Thin Red Line - page 2. (Read 3513 times)

full member
Activity: 198
Merit: 100
January 10, 2014, 01:57:41 AM
#8
Children eventually stop growing and become adults. So, why not the same for bitcoin? I am not saying it has reached its peak now, but this delusional 25k-100k per BTC future is just silly.

Thinking 25-100k is delusional is silly. You're aware that there are only 21m coins that will be made? It could easily hit 25k if it became another currency option, which it is quickly becoming from being used as a marketing tool.
full member
Activity: 238
Merit: 100
January 09, 2014, 10:38:21 PM
#7

Everyone who sold above it is a winner.


Dude! Anybody who sold above any of those lines (except maybe for the bottom two) turned into a winner...  Roll Eyes
sr. member
Activity: 434
Merit: 250
January 09, 2014, 09:53:31 PM
#6
I was here.

One year later, I shall revisit this thread if I remember.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
January 09, 2014, 02:49:01 AM
#5
If the exp(exp(t)) trend holds, everyone will buy and sell everything over that line before too long.
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
January 09, 2014, 02:38:28 AM
#4
It's a natural reflection of virality. The situation is chaotic and uncontrolled, despite numerous conspiracy theories.

The charts only ever reflect the reality. Reality comes first. Too many charts and the analyst may begin to fear he is the creator.

Nothing to do with your work in particular Voodah - it's a subconscious mindset prevalent here!

full member
Activity: 224
Merit: 100
January 09, 2014, 01:42:50 AM
#3
Children eventually stop growing and become adults. So, why not the same for bitcoin? I am not saying it has reached its peak now, but this delusional 25k-100k per BTC future is just silly.

when bitcoin was $10 probably everyone thought 1k was silly. 10k will become the new 1k in terms of accepted price. If all the adoption continues ofcourse.
hero member
Activity: 1106
Merit: 500
Life is short, practice empathy in your life
January 09, 2014, 12:59:46 AM
#2
Children eventually stop growing and become adults. So, why not the same for bitcoin? I am not saying it has reached its peak now, but this delusional 25k-100k per BTC future is just silly.
sr. member
Activity: 266
Merit: 250
January 09, 2014, 12:53:39 AM
#1
It seems as though our growth was planned way back in time.

I give you the most important line in Bitcoin history.

Everyone who sold above it is a winner. Watch out for this one in the future. Clearly big whales have been watching it (and it's parallels).

Someone has been steering these channels since way back.

(this was inspired by ronfkinswanson's version over at TV; it is now a Schiff Pitchfork and it's placed on the first 2011 bubble instead).

TV Link: https://www.tradingview.com/v/LZQWPiI3/


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