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I have seen various multi-year log charts showing a high and low line, and a line in the middle. Sometimes these lines are drawn straight, sometimes curved with it flattenng out more as time goes by. On one there was a website witn a mathematical calculation telling you what the 'fair market value' of bitcoin was on any given day. I have seen these posts in the wall observer thread over the years.
For anyone who knows where to find these charts, that help to predict when we are greatly over or undervalued in bitcoin, could you post links here in this topic?
I've been in bitcoin since early 2013, and through all those run-ups followed by 75%+ crashes I've held my bitcoin. But after the 2013 runup/crash, and long wait afterwards, I don't want to be still holding most of my bitcoin on the next market peak, nor be short on bitcoin-generated fiat profits to rebuy bitcoin when it hits the lows.
thanks!
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This most recent market correction is the result, in my opinion, of central bankers buying lots of bitcoin for the sole purpose of dumping it hard, to increase volatility/risk of holding bitcoin longterm, and therefore retard and discourage it's adoption as a replacement for fiat currency.
If this is true, then investors of bitcoin should be motivated not only by profit but for the future of their children to hold bitcoin in solidarity regardless of volatility, to defeat as quickly as possible these criminal international bankers who destroy the value of our money and run up astronomical debt to finance wars of destruction to kill off the human race, feed off human misery and suffering like satanic demons, and enrich the military/industrial complex.
Holding bitcoin therefore is more than just a way to become independantly wealthy, it is a way to bring a better future to our future generations. Bitcoin is the ultimate fiat currency killer!
Do others agree?
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We reached $350 (actually $360, then fell back) today. I think price will double in the next 14 days.
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Hi, I created a wiki site to build a community of like-minded infowars listeners, in order to more effectively wake up family and friends. Please look at the wiki site and give some feedback, and if you are with me, join up. Send a PM for the password to join.
infowars.wikidot.com
thanks
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Based on 'most' of recorded price history, base trendline should be doubling every 4 months, 20% increase per month, on average over a long period.
It gets frustrating seeing so much sideways motion when my expectations are a return to the 'norm' pricing behavior.
Maybe I need to stop looking at the price for at least a few months!
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Please enter your predictions and reasoning.
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