The dow will hit 30k before it falls below 10k again.

[RobertDJ]

Yeah, this is a random unsupported post. Why would the DOW do this?

The FED's and Gov's fetish with driving it up to insane levels...

I was just going from it's value in the 90's till now..  It's the ultimate bubble ride, I think they will pump it to 30k then it will collapse to 10k ish then pump again to 100k ish and so on and so forth.

I would gander when the down goes from 30k to 10k in less than 30 mintues and the FED, etc shutdown all the markets again bitcoin will make nov 2013 look like a speed bump.


I am just going from chart's I have seen and gut feelings....  Just random speculation no facts or ne thing.

I do not know if it will go as high as 30k but the 20k's are possible. Does not mean we won't see a sharp correction beforehand. Unfortunately or fortunately (depending of your preferences) this stock market bubble could be the last one as a massive multi decades credit cycle comes to an end.

I agree, especially with the lack of additional QE. A rise to dow going to 30k would almost be a doubling of the price which I do not think is very realistic

[leopard2]

OP is right, plunge protection teams make sure that this pyramid does not collapse. Naturally this asset bubble will make sure that savings and working income are worth less and less, but hey, slavery is what fiat money is all about! 

[johnyj]

it will only be 80 if measured using bitcoin

[Fabrizio89]

I still think we are at the top of this bull cycle, soon the us market will crash like happened before but this time could really hurt since we are indeed in dark times. This event will take place in the same period when is announced/discovered that the FED is still printing dollars, instead of having stopped qe like promised.

[spazzdla]

I still think we are at the top of this bull cycle, soon the us market will crash like happened before but this time could really hurt since we are indeed in dark times. This event will take place in the same period when is announced/discovered that the FED is still printing dollars, instead of having stopped qe like promised.

I do not forsee QE ever stopping.  They will put negative interest rates in place 99.9% of the population will be tricked by CNN etc explaining to them why it is such an amazing idea.

I am still bull on 30k down to 6-9k.

[botany]

I still think we are at the top of this bull cycle, soon the us market will crash like happened before but this time could really hurt since we are indeed in dark times. This event will take place in the same period when is announced/discovered that the FED is still printing dollars, instead of having stopped qe like promised.

I do not forsee QE ever stopping.  They will put negative interest rates in place 99.9% of the population will be tricked by CNN etc explaining to them why it is such an amazing idea.

I am still bull on 30k down to 6-9k.

QE is definitely good for bitcoin. As long as the dollar gets devalued, all other asset classes (including bitcoin) benefit in terms of price.