Bitcoin Forum

My magic predictions:

(USD)
BTC = $1600
DASH = $85
ZEC = $65
ETH = $115
XMR = $8

But why?!?!?!?

Top ten theories:

1. AMD and Nvidia created altcoins to sell GPU's.... and they're fresh out.
2. The CIA is finished laundering their money for the year
3. Russia hacked all the coins
4. The Bitcoin ruling counsel is stabbing each other with forks
5. Dennis Gartman thought Coins looked like a buy
6. The Trump-Coin ICO is diverting all the money away from other coins
7. Stephen Hawking thinks coins will destroy the earth
8. Global Warming is caused by hot coins melting the polar ice caps
9. Central bankers couldn't figure out how to print Debt-Coins and sell them to governments everywhere
10. Without Dave Letterman, a good "top ten reasons to buy Altcoins" doesn't air on TV and people forget all about altcoins.

-DE
 

Wow. $1600 is a long way.
But for me that is still expensive and it wont stop the buyers. So it will go back to this price if you are right.
It is a good prediction though. With some points which I dont know if there are facts about it, but it is a good theory.

Actually, polar ice caps are melting because miners heard Iceland has cheap electricity and is good at keeping equipment cold.

You are a dreamer if you think XMR loses another 70%. Only purpose of this thread to FUD XMR so you can buy in?

Nice list. Who is Gartman? What does he do?

Well, yeah. Duh.

Haven't you heard?  Don't buy Monero. Pass on the message.

all smart money is going to proven projects with proven long term devs and loyal communities with wide strong distribution of tokens.... it will take time for people to research  and find these projects now it takes more than picking the last scam ico.

icos have scammed most of the new btc away from noobs that will be going straight to back fiat and this is what is happening now you can wave good bye to that money.

icos = easy way to take candy from babies here.

POW will eventually be making a big comeback.... fomo can only drive icos so far but after lots of losses they will be seen for the scams most of them are.

This would be the most believable theory. It makes sense for AMD/Nvidia to manipulate crypto market to boost sales.

We hope won't go under 2k, situation in not so bad as it seems, it i just illusion made for only one purpose, to makes you to sell BTC in panic. This Is very bad for future reputation and nobody cares. Nobody cannot predict human stupidity, and how far this will go, we only can guess.

bottom i called it like that !

It is true that $2500 floor was broken right now but there is even more buy support at $2000 so I think we can call this next bottom if this dump/correction continues for next few weeks.

BTC $1250 < I've been saying this for a while.

My magic prediction:

You are all scared. This drop is based on panic.

BTC :
No split => $3500+; Chance of No Split = >90%
Split => $1200; Chance of Split = 10%

Dash: ~$50
Zec: no idea
ETH: either $200 +- 20 or $60-$70
XMR: i can't see it go below 0.010 which is $23 and futuristic i say $40

and you don't have LTC which is say will be ~$100 for starters.

i can't find my tinfoil hat. :)

Bitcoin should to loose 1000$ to your prediction come true. I doubt that it's possible. I am agree that the current drop connected to the mass panic about SegWit, but the price just can't fall so low, because as I see on exchanger there are tans of people who are happy of this red colors and buying coins like a crazy, this factor will not let the price to fall to the bottom.

That's my second thought as well.....

But we get a bounce before that, so that everyone thinks "all clear".

The big boys hate us filthy muppets.... just ask Goldman Sachs.

-DE

I have a thought also, if the price of Bitcoin and all the big cap coins go down another 50/70% then there will be many many rich whales who helped cause the panic and FUD waiting to cream up all the cheap coins from all the panic sellers for another cycle of /boom' and 'bust'. This is how all financial markets as we know them operate and the rich get richer and the stupid and inexperienced lose their shirts.

Gartman is possibly the worst stock investor/Fund Manager in the world.
He flips and flops more than a fish out of water, and after losing this investors lots of money.... declares victory.
They are constantly writing about him on Zerohedge and his terrible calls.
If you're ever on the same side of a trade as Gartman...... RUN!!!!

-DE

Not until the bitcoin will have succeeded to drive the hardfork. that gives the trust from the investors to bitcoin. I think we will be rebounce again as fast as possible. Because the chart has told me about that.
just put my sell orders on the top.  8)

LOL.

Let us all see whether what you are seeing in your crystal ball will all come into reality.

By the way, people are gearing up for this. They are all shaking and afraid. Come on, buyers let us all pick up what they've left out and make the most of out it!  ;)

BTC = $1500
LTC = $5
ETH = $10

It doesn't look good I know... but after many months things will start working again.

WTF!!! XMR drop down to $8 ??? Are you kidding me? I not find a reason can make that, if you say drop down to 0.01 BTC I can accept with this price because the market at now are bearish and if BTC falldown to $1600, this price for XMR very normal.
An altcoin for UG and bussiness as XMR can't drop down to $8, don't create panic for user XMR

The bottom should come out in August, get you money ready to buy more cheap coins in August.

btc i can agree, but more versus $2k, other major currency can drop by 30% no more i think, but other minus currency are rising now, so better to focus on that, i have some that i'm holding and they are doing well, like condensate

Whatever it takes to get real panic... and this "crash" wasn't it. Not even close. Look at all the people saying "buy it low, it's going back up".... those hopes and dreams have to be crushed..... AND the miners have to get out too, the only way is to make mining unprofitable at all.
All that has to happen before the moonshot (IMO).

Been trading stocks for a long time, that's how the game is played. Whatever you think the low is, it's not.
Accept it, and laugh at it.


Real Theory: People are commenting about a head and shoulders pattern various crypto's (and yes it's valid). Very easy..... break the neckline and that'll scare people to death (and it should).... clears the way to a $1250 target.... people panic as it passes $1800 to the downside..... THEN you have the real panic as the last bag-holders give up when it passes $1600 on the "sure" drop to $1250..... you get your flash crash, people pat themselves on the back for being so smart... and then it shoots up, letting people chase.
That's how it's done.
And what about altcoins? Look how they're performing now with BTC barely moving? Imagine a move like this on BTC, what do you think XMR will look like? To me it's $8

-DE

finally a realistic prediction :D

(USD)
BTC = $2000
DASH = $120
ZEC = $140
ETH = $140
XMR = $30

BTC- $1900
GBYTE- $400
ZEC- $150
ETH- $100
XMR- $40

Really hoping ByteBall crashes. Would love to scoop some up  ;D

But what if you are wrong, what if this was final shake out, and in a august everybody instead of dump we get pump? Sooner or later whales will changing their partners because they wont share their money with you.
Actually majority of us believe this way we can get more cheap coins.. This is all about.
Ok proceed.. ;)
BTC is doomed, dead, it will be divided.

AMD and NVidia created altcoins to sell GPUs. That's a good one! :)