Pages:
Author

Topic: Worst case (plausible) scenario thread - page 2. (Read 2075 times)

sr. member
Activity: 952
Merit: 281
September 10, 2014, 10:49:48 AM
#3
Drop your false hope! The bitcoin bubble is over and there is no mainstream interest in bitcoin because of MtGox, many scam IPO, high profile hack and value drop 60% since start of 2014. Bitcoin will go nowhere but down from here. You have been warned!

Best case scenario, bulls here fool too many newcomers and price holds at $450 for a few more weeks before final capitulation!
You remind me of someone...
member
Activity: 70
Merit: 10
September 10, 2014, 10:48:11 AM
#2
Drop your false hope! The bitcoin bubble is over and there is no mainstream interest in bitcoin because of MtGox, many scam IPO, high profile hack and value drop 60% since start of 2014. Bitcoin will go nowhere but down from here. You have been warned!

Best case scenario, bulls here fool too many newcomers and price holds at $450 for a few more weeks before final capitulation!
legendary
Activity: 1639
Merit: 1006
September 10, 2014, 10:28:20 AM
#1
Please post your worst case plausible scenario for Bitcoin price and why. No alien invasions please.

My worst case scenario:

12 months to next bubble.

Last two bubbles pushed bitcoin so far above the real world transaction volume that we are in a downward trend for another year until txns catch up and force bitcoin higher.

Here is the #1 reason we are stuck:

https://blockchain.info/charts/estimated-transaction-volume-usd?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

It is pretty simple really, when enough people are buying bitcoin for their own purposes to offset the people selling them, then we go up. If it is the other way then we go down. Investments can never grow forever on speculation alone.
Pages:
Jump to: