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Title: Prediction of bitcoin price within 2 weeks and following 2 years Post by: MarquiseMuseum on December 04, 2017, 02:55:36 AM outdated price talk
Title: Re: Prediction of bitcoin price within 2 weeks and following 2 years Post by: ragnar0k on December 04, 2017, 03:20:29 AM Graph 1 demonstrate price in 2013 after the peak, graph 2 shows a similar pattern without peak ($15000 equivalent) http://sv.tinypic.com/view.php?pic=16ht56o&s=9#.WiS2vDdry70 http://sv.tinypic.com/view.php?pic=2lk8rk7&s=9#.WiS2ijdry70 Based on personal investment research I think a plausible scenario will be as follows: 1) Bitcoin goes to $15 000 around futures opening and a few days after with high volatility, sentiment suggests this price as a sell target for some investors, also: sell the news 2) Whales short bitcoin relentlessly, data suggests this is a plausible outcome as they aim to "stabilize the price" i.e short. 3) small savers see investment dwindle over a period of years to a low of around -75% of current price, it will be a capitulation of this generation of savers and resets bitcoin at the cusp of the 2020's in 2 years 4) altcoin boom of 2020's or other disruptive emergence, possibly fiat crisis side note: I don't believe price gains are a result of concealed hyper inflation since traditional commodities remain horizontal Conclusion: sell part of investment in 50% gain, buyback at -75% in 6 months 1- to short, someone must buy 2- its very likely that whatever happens in futures has little effect on bitcoin as it is cash settled 3- Unless they all,only short, they cant keep btc down for years I call the case closed ;D Title: Re: Prediction of bitcoin price within 2 weeks and following 2 years Post by: digaran on December 04, 2017, 04:38:00 AM So you are saying that price will pump hard in the next 2 weeks and then goes down by 75% in 2 years? I need to beg more then, 2 months ago I was begging for 20BTC to buy a house, yesterday I begged for 1.5BTC to buy the same house, if what you are saying is true, I could beg you for that 1.5BTC and then sell it for cash waiting for that crash to buy at least 4 Bitcoins with that money. so if you give me 1.5 BTC I will pay you back 2.5 after a month.
My prediction, people will keep using it for what it offers them. the ability to jump freely. |