Topic: Updated prediction of bitcoin price 4 weeks-4 years - page 2. (Read 707 times)

1) Lightning network alpha is huge news, bitcoin set for mainstream adoption, long term bullish on fundamentals is strongest indicator

2) scenario 1: weak hand shake out between 7-9k by wall street sharks around futures launch also to strengthen institutional market control, last chance to get onboard before 100k and double down for profit$, this is the switch phase from early investors exit/institutional entry in the "bubble" wave formation

3) scenario 2: bottom was at 14k going to 100k with futures launch to shake out early investors and gain market control, sell 25-50% around 83-94k if you're heavy because after its peak at 1.6TN bitcoin will retrace to $400bn/$25k until late 2018 when its back to 100k, march 2019 target $250 to follow Macafees call $1m/2020. I would add that bitcoin will stabilize in the 1-4 million range from 2022 onwards and even in face of better tech bitcoin will always have first mover advantage and store of value consensus which no other coin currently has or will have. Future crypto will be heavy on utility, whereas bitcoin using LN will be de facto world standard currency

4) market is heavily manipulated and this is the new normal, welcome to bullshit wall street psy ops, use crowd sentiments and research to form your own opinon, don't get swept into emotional harassment by wall street stooges and media, they will crop up like weeds from now on, stay smart and follow your personal target, they are going to fix the price in 5 digit range to shake every techy out and then push it to $1m in the mania phase set to begin in 2019, the difference is I don't think this is a bubble and that people will simply profit massively whereas fiat cash holders will experience precipitous erosion of asset value as world migrates to digital currency standard and wealth transfer has to be on someones expense, this will remedy global debt crisis, bankrun on crypto expected, Japan in particular will see unprecedented wealth creation and reemerge as a high tech hub of the 2020's and finally pull out of deflationary spiral ironically using deflationary technology.