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Author Topic: 1 BTC = $5,000 by end of the year!  (Read 3352 times)
bitpump (OP)
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July 22, 2015, 07:15:29 PM
 #1

1 BTC = $5,000 by end of the year!



Source: https://www.whaleclub.co/post/hrGpa6

More analysis from this person: https://www.tradingview.com/u/Coinsidering/
nonbody
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2local[IEO] - https://2local.io/


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July 22, 2015, 07:25:33 PM
 #2

and what will drive this increase of over 1000%?


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2local
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I   E   O IN Livecoin.net  Probit  P2pPb2b from 11/02/2020
2local Sale
bitpump (OP)
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July 22, 2015, 07:28:11 PM
 #3

1. we are bound for another bubble anyway
2. halfing 2016
3. unexpected news, something like: Major Bank X will now also support a pure bitcoin account
Scott J
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July 22, 2015, 07:28:48 PM
 #4

Just getting past the previous ATH by the end of the year would be difficult enough. I wager you will be waiting quite a while longer for $5,000.
bitpump (OP)
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July 22, 2015, 07:32:05 PM
 #5

Just getting past the previous ATH by the end of the year would be difficult enough. I wager you will be waiting quite a while longer for $5,000.

ATH no prob, see:

Facts:

  • On weekly chart PSAR will start turning parabollic tomorrow. In bitcoin world this was allways sign for a new bubble.
  • On daily chart 50d MA crossed over 200d MA, and 200d MA is below spot price. Financial world describes such event as a golden cross (http://www.stockopedia.com/chart-signals/).
  • This week we will also see 100d MA crossing over 200d MA and it will stay below 50d MA. It is a perfect storm setup.

How long it will last? Noone knows, but for sure current ATH will be history soon. New ATH ahead.
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July 22, 2015, 07:32:38 PM
 #6

So mining will bring in $18 million a day?  Riiiight...
Scott J
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July 22, 2015, 07:34:10 PM
 #7

Just noticed the convenient vertical line upwards on that chart....right before the end of the year  Grin
bitpump (OP)
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July 22, 2015, 07:36:17 PM
 #8

Just noticed the convenient vertical line upwards on that chart....right before the end of the year  Grin

Yes, Santa will take Bitcoin on his sleigh and bring it to the moon !
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July 22, 2015, 07:38:57 PM
 #9

Just noticed the convenient vertical line upwards on that chart....right before the end of the year  Grin

Yes, Santa will take Bitcoin on his sleigh and bring it to the moon !
Actually, Robot Santa lives on Neptune...

spazzdla
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July 22, 2015, 07:48:24 PM
 #10

So mining will bring in $18 million a day?  Riiiight...

The one thing I have learned is NEVER underestimate bitcoin.. alas positive or negative.

Although, I lean very much towards no freaking chance.
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July 22, 2015, 07:51:12 PM
 #11

This is excellent news cos that price is, like, more than it is now. I give my stamp of approval to this.
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July 22, 2015, 07:59:39 PM
 #12

I really want to believe on this.  I think we will go up a good amount by end of year, but 5000 is a lot.

I think hopefully over 1k.... but I don't see 5k by end of year.  Just would take a lot of good news to get there.
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July 22, 2015, 08:06:37 PM
 #13

and what will drive this increase of over 1000%?

you mean almost 2000%, x20 current price

i believe that the next spike will surpass the previous one, it's always like that, the next big ath is above the last one
smoothie
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July 22, 2015, 08:07:11 PM
 #14

what is up with all of the circles on that image?

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July 22, 2015, 08:08:49 PM
 #15

I won't complain about this if the price really reachs this high before the end of the year , at least I can buy my Audi at the age of 18  Roll Eyes
But we should be realistic little bit and stop dreaming and giving faulse prediction and faulse hopes to people . Price will more then likely won't go anywhere higher then 1k $ until the Halving block reward . deal with it

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July 22, 2015, 08:17:41 PM
 #16

wow, I suppose anything is possible and that would be a great price although end of the year is a bit optimistic.
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July 22, 2015, 08:21:57 PM
 #17

May i know what is the green line there?
Will it go for sure or just speculating.
5,000$ seems to be so far away from our mind so far.
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July 22, 2015, 08:53:03 PM
 #18

May i know what is the green line there?
Will it go for sure or just speculating.
5,000$ seems to be so far away from our mind so far.

I guess that represents a positive and a negative scenario for the price to follow. So either a small pump before the vert line or a bit lower price before a massive candle.
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July 22, 2015, 10:10:34 PM
 #19

I think this is correct more or less. Just need to slide the peak over to the right by 8 months. We'll 5K+ after the block reward halving.
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July 22, 2015, 11:03:38 PM
 #20

I think this is correct more or less. Just need to slide the peak over to the right by 8 months. We'll 5K+ after the block reward halving.

keep dreaming! we'll be lucky if we hit $500 near or after the halving. it's quite funny to see how many people here can't seperate fantasy and reality.
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