Roach's posts are entertainment.

I think not. Gold and silver supplies are controlled by central banks, and as such, they dictate the price. The only way for people to go back to them would be if governments started to sell gold to buy bitcoin, and the buyers of such gold would be private companies with the intention of establishing a new market, not controlled by central banks.

Bullish news. Last time I read about this guy attacking bitcoin was weeks before the bull spike in 2017.

12k by end of this year.
20k one year from now.
75k by end of 2020.
100k two years from now.
250k by end of 2021.
Fall to 25-50k by 2022.

Alternatively, there is the hypothesis of a five-year cycle.
Although the halvening happens each four years, a five-year cycle would imply in a more smooth increase, and a smaller bear market in turn. For a five-year cycle, we would reach 100k by end of 2021, 250k by end of 2022 and 1 million by end of 2027, in which point I think it would stabilize. I have a guess that some exchanges want this to happen, as it would bring more adoption of bitcoin as a currency, and not just as a speculative asset. Also, 2027 follow Casares prediction. This gives plenty of time for LN to develop and increase bitcoin use for retail markets.

I think not, because all new addresses now start with a 3, meaning they are Segwit.

Back then, most adresses were starting with 1, and Segwit adresses were only acquired through console commands.

Maybe thats why we have the Binance Annual Hack (BAH) coming earlier this year. Usually its in June or July. Smoke screen for China FUD failure.

Any news on the China ban?

Um fator que deve travar a adoção em massa é o primitivismo das massas, que não sabe e não quer aprender como usar um computador. Por este motivo, vão recorrer ao celular para guardar seus bitcoins, ficando à mercê de carteiras avulsas que, muitas vezes, não são de confiança. Lembrem-se do caso da Coinomi, por exemplo, que teve vulnerabilidades expostas. Chega a ser cômico, pois vivem com medo de "viros" e "ráquers" no computador, mas não tem medo disso no uso de um celular.

Tem também aquele negócio de paper wallet, no qual o usuário, com medo de "viros" e "ráquers", guarda seu endereço num pedaço de papel. Daí perde o pedaço de papel, ou se embanana com endereços de troco em carteiras avulsas, perde tudo e pega raiva do bitcoin, tudo isso porque não confia em computadores.

Esta desconfiança dos computadores, e total entrega ao celular e todo tipo de esquema fraudulento que possa aparecer, é um fator que deve atrasar a adoção em massa.

Yes, probably in 2021.

If it follows the previous circle, it will be at the second quarter of 2021, with 300-400k as the peak by the end of that year.

Market crashed in November, two weeks after the miners in China turned off their machines. Probably the big mining companies had to dump bitcoin to cover their expenses, since mining difficulty was not decreased at that time.

Tether FUD is the most irrational FUD on the market. Some bears are mad because they lost the 3k train, but there is little difference between 3-5k if we compare it to between 5-20k.

The spread was caused by investors selling their tethers for bitcoins, which increases the price of bitcoin in Bitfinex.

A massive dump of tethers in the market cause the price of bitcoin to increase. The investigations over tether "legitimacy" would force investors to sell it, increasing bitcoin price.

Funny fact about the Tether FUD: governments have been doing exactly the same thing for decades, and nobody gives a shit about it.

Not sure if OP is a newbie or a whale being ironic.

I'm impressed that people are still talking about a prediction made in 2017.

I dont believe we are going to see 3k again.

Maybe we can go back to $4200, but not lower than that.

Manipulation through derivatives.

BTC blockchain was taking 180gb some time ago, and now is taking 230gb. This means BTC already increased block size, so there is no need for this big blocker melodrama. If the block size keeps increasing, I will not be able to run my full node, leading to centralization in the hands of those who can afford it.

Leverage is when you take a loan to buy more of the asset than you can.

Bitcoin moves five times faster than gold. So... four years and a half to ATH, at worst case scenario.

It was this recent "fork war" which caused the latest drop from 6k to 3k.

So yes, I expect the price will eventually go back to 6k.