I have read a hundred times already, in this forum, that:

Bitcoin is down because of China news of banning criptocurrency, but it will go up again.
News of China banning bitcoin again reached weak hands, but it will recover.
Bitcoin down because China exchanges ban, but it is now up again.
China made bitcoin go down again.

What about adopting a parrot? We are all pirates, after all. This way we can save our fingers some effort.

 

I guess he wanted to say "down no more" but mistyped it.

The volume by that time was smaller than it is now, and there were less users.

Massive user adoption by this year means there will be more people hodling, so the worst case is around $1500-$1800.

Each time a whale sells its coins, at least 10% of the new users will be hodlers, people who don't go all-in with a single product, and who are looking for long-term. So even if the other 90% are newbies and sell it at first panic, the whale will lose bitcoins over time, as each time it dump its coins, more new users come in due to marketing, so each dump its 10% coins being lost to hodlers, which increases the volume over time, pushing the floor up.

Bitcoin defies all the current "logic" of stock markets.

I've saw dozens of analysis and most of them failed.

That's because stocks are based purely on trading, whereas bitcoin is based on a creed - the creed of hodling.

Bankster shills are funny.

We dont need hyperinflation for bitcoin to reach 1m each.

We only need market capitalization.

And as long as there are derivatives, capitalization can go on to infinity, with a minimal inflation.

I'm guiding myself with this table here:

https://longforecast.com/bitcoin-price-predictions-2017-2018-2019-btc-to-usd

I hope they spread more news about it like fire, even if its fake. We will have a small bull run.

Then, after that, lots of news in mid-October saying the information is fake.

The pigs will get slaughtered, eventually, and we will have a small bear run, followed by Amazon announcing they will now accept bitcoins by December, right before Christmas. Then bull run + bear correction + official announcing = 6k easy.

We need some news to spike it. Is the LN ready?

If not, invent some nerdish terms that nobody understand to explain something that is already in another project. This will spike the price, the sheep will not tell the difference.

That is the problem of everyone, because weak hands are the majority, like 99% of users.

And those weak hands are pushing the price down, believing in whales lies.

If a whale sells part of its stash, and the weaklings dont follow him, so the price would not go down, and instead the whale will lose its dominance, since other people will buy it, believing it will go up.

It's the herd mentality which is pushing the price down.

Also, weaklings are always going all-in with bitcoin. They put all their investments into it, put all they have into a single basket. So they despair when it go down.

This is lack of financial education, which most of the herd dont have.

You are dead wrong.

Actually it will crash down to $50.

Now go sell your coins, if you still have any.

And never buy any more.

It can, but only at 2018.

The answer is in Russia.

Torque had quoted me. You put him on my place.

It will fall down to $1500 for five years. Now go there and sell your coins for a quick profit because, of course, a quick profit is better than long term hodling, right? After all, hodlers are bad traders, and the right thing to do is to sleep on fiat, forever enslaved by the banksters. Go there and sell it, bears.

I just want the bears to sell all they have, so the price can go up. 

Are you liking the current bear market, gentlemen?

We will go down slowly to $1500.

This bear market will last for five months.

Whales, OP.

Just that. Whales.

Ok, you win. Put me on 7th of January, 2018.

I think it will be sidelined until them, going up and down in the 4000's.

The more I read r0ach talking about silver, the more I want to buy litecoins.

It's like he is doing some propaganda... have Lee paid him for it?

I agree. We need a floor right now. My guess is that bitcoin will be floating around 3900-4200 range for this month, than 4000-4500 range for the next, and 4000-4900 range for the rest of the year. This will be good for trading altcoins.

No.

I'm just guessing. Its a speculation forum, after all.

Do you think it can spike above 5k this year?