You realize that statements like these are really conservative, and very long term bearish about bitcoin... which causes me to conclude that you have some lack of appreciation for bitcoin's potential upside.
I do agree with you that the higher the expected future price, the lower the probability that it is going to happen, but it seems to me that when you use words like "ever" in your prediction, you are attempting to predict too many legs in a chain of future events that you have to be nearly completely speculating about since it is nearly impossible to accurately predict more than a few legs into the future at a time... and the further out you go the more any prediction is going to be based on a lot of factors currently unknown.
Hopefully your bearishness is not rubbing too much off into me... +1 WOsMerit
I entirely agree with you !
50% is the probability I am assigning. 'Ever' is not a prediction, just a part of one of the possibilities.
Of course, I omitted to say that another scenario (part of the other 50% if you like), is that $100k is achieved before 2022.
All these numbers and time frames are speculation, yes, and subject to evolving circumstance. That is what this thread is for.
Hopefully I can present ideas that give others food for thought, and also prevent ppl from making errors in trading by being too myopic. My apparent bearishness is only a comparitive with general bullishness, and the greatest mistake IMO would be too become too mentally committed to a bullish outlook (and thus disillusionment) when we are merely in a long bear market, which will eventually turn round.
Low predictions of $2-3k are merely realistic scenarios, and are helping to avoid the mental pain of HODling in a downtrand.
+1 WOsMerit
Doomsayers are usually the ones who dumped their stash and wanting you to do the same so they can buy from a lower price. Don't listen to them. Buy the fucking dip and hold.
I've played that game before and got burned because of a bull run.
Don't be a sucker. Be on the safe side.
If you haven't sold from 15k+ or even 10k+... why even bother now?
+1 WOsMerit
for all last pages
but offcourse thats beautifull all can have there own opinion , but seems to be the case when we go down all say negative and when its bull rally ,nothing can't stand in the way of the higher prices
my father is maybe one of the worst .... is as long in BTC as myself never said anything good from 250-300 to 1500 allways bad feeling lot of sell offs ... than still with a very healthy amount in the bull rally to 20k "nothing is better than BTC" ... didn't sell a lot @ that time LOL
price goes down and panic sell offcourse around 8000-9000 lot off sideways from there and yesterday after the recent DIP he was sitting in the office chair saying to my brother BTC will never go back to higher prices and its finisht and.....
for many in here do not be my father in the BTC story
i am happy i am the biggest BTC bagholder @our place +1 WOsMerit
Price evolution from here...
+1 WOsMerit
I disagree however. To much dip for the rest of this year and by 2022 lambo talk will seem cheap around here as we all will be drooling over BFR's and the first humans to set foot upon Mars.
Tokyo2020 is coming for you and your bitcoin.. Be ready and have your bags packed.
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+1 WOsMerit
This Corallo guy is no dummy.Quite interesting, and very promising if it gets in use! BetterHash would also make easier to create new "anarchist" pools, where the main operator does get a commission, but without the ability to influence the individual miners' "political" choices.
I'd like to hear what miners (or ex miners) think about the likeliness of this new protocol to replace Stratum.
This is good stuff here, thanks. Probably should all be taking a closer look at this.
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Bitcoin
Good morning all.
Short term trend lines reaching for $6.88k Indicators are relaxing and seem to be showing some upwards potential for today. Still expecting a retest of support levels sometime late Wednesday, early Thursday however.
This is gut check time.. Do you think bitcoin is over or under priced? I know mine feel undervalued right now. #dyor
1h
D