Meuh6879
Legendary
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Activity: 1512
Merit: 1012
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February 01, 2017, 10:12:52 PM |
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Pruden
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February 01, 2017, 10:29:50 PM |
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As someone who has been following the markets for 3 years and is now making a living off them, let me tell you disasters have a way of not happening, and it's certainly not gonna happen in at least 1 year. Corporate credit is perfect and the Trump rally is only one chapter of the bull market that started around one year ago.
Total, complete, and utter bullshit. That's what Wallstreet and the media want Average Joe retail investor to believe. If the Fed begins to raise rates, a market correction will happen within a year, 18 months at the longest. The only thing that could possibly temper a major market correction is if interest rates are kept inordinately low until Trumps corporate tax cuts and punitive trade tariffs have enough time to actually kick in and inact drastic domestic business changes... but that would take at least 18-24 months to take effect, provided they were inacted right now, tomorrow at the latest. You forgot to include any semblance of reasoning in your message. Corporate credit is on fire, that is a fact because issuance and prices are public. How you can see a conspiracy in that is beyond me. Corporate credit deteriorates well before the stock market, around 1-2 years in advance. Also, you were talking about something "worse than 2008" but now you mention a "correction" (which I define as a drawdown of around 10% and less than a year long). Of course corrections are gonna happen all the time. Also, you forget than rates may rise behind inflation so they wouldn't matter.
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roony
Full Member
 
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Activity: 196
Merit: 100
Did you see the roonies on him???
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February 01, 2017, 10:31:18 PM |
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Gona hit 1000 USD today, thats my prediction 
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K~Ehleyr
Sr. Member
  
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Activity: 434
Merit: 250
Ooh, shiny things!!
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February 01, 2017, 10:36:27 PM |
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Gona hit 1000 USD today, thats my prediction  I call $1000 in 48 hours, €1000 by the weekend 
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JayJuanGee
Legendary
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Activity: 4144
Merit: 12530
Self-Custody is a right. Say no to "non-custodial"
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February 01, 2017, 10:36:47 PM |
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Gona hit 1000 USD today, thats my prediction  Gonna hit it, ONLY?  or go above it? If it goes above $1,000, then likely we need a 2% or more cushion just to be safe, no? I think that just hitting it is really NOT very meaningful, because at this point, we are about 2% from "hitting" it, and seem like it is just about the same as "hitting" it... The more important question, at the moment, seems to be about whether we will break it or not, and get sufficiently cushioned above it for at least a day or so.. Am I wrong?
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Genesis1337
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February 01, 2017, 10:39:38 PM |
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Gona hit 1000 USD today, thats my prediction  ( ͡° ͜ʖ ͡°) four digits ( ͡° ͜ʖ ͡°)
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K~Ehleyr
Sr. Member
  
Offline
Activity: 434
Merit: 250
Ooh, shiny things!!
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February 01, 2017, 10:42:54 PM |
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We're going to break the K properly this time, it's time. And we're consolidating all the way, so even if we're skipping over and under the K for a couple of days, once it sticks it's stuck.
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cmacwiz
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February 01, 2017, 10:57:16 PM |
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I am neither euphoric nor nervous. This rise in price seems very stable, big market movement and momentum protected by reward halving. Chinese frivolities subside, now it feels like a gondola ride.
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gembitz
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February 01, 2017, 11:01:37 PM |
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Gona hit 1000 USD today, thats my prediction  I call $1000 in 48 hours, €1000 by the weekend  ^yes breaking news re: bitcoin research & development  *#GO-UBQ!*
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simplebumblebutt
Newbie
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Activity: 6
Merit: 0
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February 01, 2017, 11:10:41 PM |
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Gona hit 1000 USD today, thats my prediction  Gonna hit it, ONLY?  or go above it? If it goes above $1,000, then likely we need a 2% or more cushion just to be safe, no? I think that just hitting it is really NOT very meaningful, because at this point, we are about 2% from "hitting" it, and seem like it is just about the same as "hitting" it... The more important question, at the moment, seems to be about whether we will break it or not, and get sufficiently cushioned above it for at least a day or so.. Am I wrong? It's only another $12 to go before $1000 and its been gradually creeping up all day. It might slowly carry on creeping up after $1000.
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Okurkabinladin
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February 01, 2017, 11:11:08 PM |
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When will Bitcoin reach $1000?
It looks like it will only be a few days.
Difficult to say, it might not even be during this pump. We're certain to go above $1,000 but not necessarily in the immediate future. I hope we do though. It's just $1,000 seems to act as some sort of psychological sell barrier where people feel the need to get out & take profits. I vividly remember, that back in 2013, it was the same exact story with 100 dollars, acting as both barrier and eventually support line. We moved back and forth multiple times to the point it became a pattern. Then one day, we broke down from 130 to 90, recovered and next you know, we were attacking 1000 dollars for the first time.
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DaRude
Legendary
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Activity: 3051
Merit: 2003
In order to dump coins one must have coins
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February 01, 2017, 11:19:14 PM |
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Is $1k party #3 still planned?? Or is everyone waiting for $10k party now? 
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Ted E. Bare
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February 01, 2017, 11:22:00 PM |
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I'm always in for a bitcoin block party ^^ 
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marcus_of_augustus
Legendary
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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February 02, 2017, 01:11:51 AM |
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$1000 is basically in the bag for good now ... nuff said.
Psychologically the market is already 'over it' ... now it is mulling where to target next before setting off on the new direction. I'm conservatively targetting $1200 for next rest stop ... but who knows, $1500? $20 billion market cap is another maybe?
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Paashaas
Legendary
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Activity: 3792
Merit: 5284
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February 02, 2017, 03:29:06 AM |
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Patrick Byrne on FOX tv, this guy is one of those awesome Bitcoin frontrunners  Overstock +16%, good job Patrick!  #myteam  ~Wall Street Wants In!!! Make Bitcoin Great Again on his red cap, isnt that a cool move from Patrick?
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Killerpotleaf
Sr. Member
  
Offline
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
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February 02, 2017, 04:17:40 AM |
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Patrick Byrne on FOX tv, this guy is one of those awesome Bitcoin frontrunners  Overstock +16%, good job Patrick!  #myteam  ~Wall Street Wants In!!! Make Bitcoin Great Again on his red cap, isnt that a cool move from Patrick? straight up gangster! he strikes me as just plain awesome. just found the interview on youtube. yup he's the man.
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Killerpotleaf
Sr. Member
  
Offline
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
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February 02, 2017, 04:24:55 AM |
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Gona hit 1000 USD today, thats my prediction  Gonna hit it, ONLY?  or go above it? If it goes above $1,000, then likely we need a 2% or more cushion just to be safe, no? I think that just hitting it is really NOT very meaningful, because at this point, we are about 2% from "hitting" it, and seem like it is just about the same as "hitting" it... The more important question, at the moment, seems to be about whether we will break it or not, and get sufficiently cushioned above it for at least a day or so.. Am I wrong? It's only another $12 to go before $1000 and its been gradually creeping up all day. It might slowly carry on creeping up after $1000. we'll kinda hover below it for a day or two, and then blow past it, get to 1200 pretty fast, and let that gradually creeping resume.
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notme
Legendary
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Activity: 1904
Merit: 1002
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February 02, 2017, 04:25:39 AM |
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Patrick Byrne on FOX tv, this guy is one of those awesome Bitcoin frontrunners  Overstock +16%, good job Patrick!  #myteam  ~Wall Street Wants In!!! Make Bitcoin Great Again on his red cap, isnt that a cool move from Patrick? straight up gangster! he strikes me as just plain awesome. just found the interview on youtube. yup he's the man. https://www.youtube.com/watch?v=IsZ23MNg58g
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