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What's with all the threads with links to youtube videos. Most of us are not going to trust links and are going to be offended that it would be suggested that there is a more authoratitive source of bitcoin information and speculations than this forum. Like is someone from mainstream media or the banks going to make a better speculation than us? No.
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Its all fun and games until you make a life changing fortune.
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what I was getting at was a crypto that doesn't move around as much
That doesn't exist because they're all pegged to bitcoin. Bitcoin is the most 'stable' thing you can hold apart from tether, if tether doesnt fail. |
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Well one of three things can be happening right now:
1. A bull trap to $16.5K before a drop to $8000.
2. A double top at $20K before a drop to $8000.
3. A new high at $25K before a drop to $8000.
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I want to say something bearish but I cant think of anything at the moment.
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Make another failed prediction to make the thread shine again
Another fake Satoshi is presented |
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The quality of this thread right now:  |
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a roach calling people bug men lol
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Why is it that bitcoin, bitcoin cash, eth, and ripple are now all moving in the same direction. I thought they were antagonistic?
If you look at last 4 hours on polo btc/usdt and xrp/btc you will find out they are still pretty antagonistic to each other Yes but at times they were so antagonistic that even their respective usd pairs were antagonistic |
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Why is it that bitcoin, bitcoin cash, eth, and ripple are now all moving in the same direction. I thought they were antagonistic?
(1) They've been moving in the same direction this entire year, and longer. (2) More money is flowing into the market; 670 billion is a tiny amount of money. It needs to be trillions before any major losses. (3) There are multiple roles for coins - they need not directly compete. Truth is, sometimes they are antagonistic, and sometimes they are not. You still believe in $5500? How about $8000? Maybe it will happen, but first 20k at least. Wait, I always have to correct you people here! Tera's target has been consistently increasing by the day. We must stick with his original target of "at least 3000, possibly less" I must remind this, just in case  Correct I amended the short term 'flash crash' target higher as our high went up and 3K in a flash crash became unrealistic, deferring 3K to a possible bear market target. |
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Why is it that bitcoin, bitcoin cash, eth, and ripple are now all moving in the same direction. I thought they were antagonistic?
(1) They've been moving in the same direction this entire year, and longer. (2) More money is flowing into the market; 670 billion is a tiny amount of money. It needs to be trillions before any major losses. (3) There are multiple roles for coins - they need not directly compete. Truth is, sometimes they are antagonistic, and sometimes they are not. You still believe in $5500? How about $8000? Maybe it will happen, but first 20k at least. $8000 would be a target for any drop in the short term. It might not reach $5500 til later. If it goes into a 2011/2014 style extended bear market it could even reach $3000 after a year or two. Yes it could go higher first too. The lows arent based on the highs, they're based on previous ATH. |
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Why is it that bitcoin, bitcoin cash, eth, and ripple are now all moving in the same direction. I thought they were antagonistic?
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"a whole 6 months".. lol.. only 6 months? I think it should go sideways around here for several years.
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Fiat devalues 5% per year, not 80% per year.
"bubble" refers to too many short term increases which will have to consolidate at a much lower level before moving back up. It's fueled by traders and margin. You know the drill.
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Yes the total coin market cap is in a much bigger bubble than bitcoin itself. It has increased 5,000% from the ATH in 2013 whereas the price of bitcoin has only increased 1200%.
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5 years of sideways between 5k and 10k
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