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Topic: We all gonna be filthy rich and here is why: - page 3. (Read 3779 times)

member
Activity: 77
Merit: 10
December 21, 2016, 05:14:32 PM
#15
According to this, we'd see prices of $7-$8k. But because of the long bearmarket and a year of consolidation we might even go higher.

$12k anyone?

Shit, why not 120K?

 Cheesy
legendary
Activity: 1288
Merit: 1087
December 21, 2016, 05:12:32 PM
#14
Precisely, institutions and VC money stand behind it now.

During the run up to $266 and $1163 it was small timers who saw potential and libertarians who was buying. Things are different now.

fair enough but i just can't see these guys being keen on initiating bubbles by enriching the scum who held the torch for so long. i guess at some point someone has to shit or get off the pot but they didn't get rich by announcing to the world that they were gonna make others rich first.
legendary
Activity: 1372
Merit: 1014
December 21, 2016, 05:10:32 PM
#13
Title is misleading.

Not everyone can win. Markets have winners and losers.

Losers in this case are the vehicles that currently contain the fiat currency which shall soon flow into BTC

Bank accounts, money market accounts, stocks or bonds, whatever

No problem there.  Grin
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
December 21, 2016, 05:00:34 PM
#12
So dip time? Showing overbought on rsi right?
That is what I am saying. most of the indicators start to get into the overbought territory, so sooner rather than later we should see a correction.
Testing of $700 would be a healthy sign.
legendary
Activity: 2338
Merit: 1035
December 21, 2016, 04:44:06 PM
#11
i can't see where a $12k price would come from in the near future myself. that would need some serious traction and an avalanche of new money.

it's wonderfully easy to draw lines on a graph. what those lines represent is tens or hundreds of thousands of people parting with their hard earned cash. it's not magicked up from nowhere.

Precisely, institutions and VC money stand behind it now.

During the run up to $266 and $1163 it was small timers who saw potential and libertarians who was buying. Things are different now.
sr. member
Activity: 322
Merit: 251
December 21, 2016, 04:43:56 PM
#10
According to this, we'd see prices of $7-$8k. But because of the long bearmarket and a year of consolidation we might even go higher.

$12k anyone?
Ah don't mean to pee on yo love parade, but how bout us gettin' ta $1000 first?   Y'all be tryin ta fly ta the moon in a wheelchair.
legendary
Activity: 1288
Merit: 1087
December 21, 2016, 04:36:31 PM
#9
i can't see where a $12k price would come from in the near future myself. that would need some serious traction and an avalanche of new money.

it's wonderfully easy to draw lines on a graph. what those lines represent is tens or hundreds of thousands of people parting with their hard earned cash. it's not magicked up from nowhere.
hero member
Activity: 532
Merit: 500
Offer escrow, receive negative trust
December 21, 2016, 04:29:34 PM
#8
No way will I buy now.

Every freakin' time I buy, the price drops 10% the next day and slowly dwindles while feelings of depression rise.

If I think, 'hey I could make a profit selling right now' and actually sell some BTC - guess what happens the next day? $50 increase.

Same thing with alts...I'll hold for months, only to sell during a small rise and see its price skyrocket THE VERY NEXT DAY.  Why, god?  Why must you torture me like this?
legendary
Activity: 1358
Merit: 1016
December 21, 2016, 04:22:13 PM
#7
According to this, we'd see prices of $7-$8k. But because of the long bearmarket and a year of consolidation we might even go higher.

$12k anyone?

Ok, I am a Bull but I always find it difficult seeing that much of a rise! I was only around from sept 2013 so I missed the early stuff.

Love to see the parabolic rise.
legendary
Activity: 1358
Merit: 1016
December 21, 2016, 04:18:27 PM
#6
Yes we all here at bitcointalk are early investors.
Every greedy joes will buy at the top.
Those same guys that drive a white bmw 2010 1 series with black rims.






Probably the funniest thing I've read today!
full member
Activity: 121
Merit: 100
December 21, 2016, 04:05:30 PM
#5
Yes we all here at bitcointalk are early investors.
Every greedy joes will buy at the top.
Those same guys that drive a white bmw 2010 1 series with black rims.



legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 21, 2016, 04:03:52 PM
#4
Title is misleading.

Not everyone can win. Markets have winners and losers.
legendary
Activity: 2338
Merit: 1035
December 21, 2016, 03:52:08 PM
#3
According to this, we'd see prices of $7-$8k. But because of the long bearmarket and a year of consolidation we might even go higher.

$12k anyone?
legendary
Activity: 1358
Merit: 1016
December 21, 2016, 03:49:56 PM
#2
So dip time? Showing overbought on rsi right?

full member
Activity: 121
Merit: 100
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