Sure, but the bigger picture is that bitcoin simply cannot sustain prices over $10k (it's totally absurd). What I mean is, all this above $10k business is just noise. 2 years from now it'll be laughable to imagine bitcoin ever being worth over $10k.
Why would anybody listen to anything you say though? You clearly have no clue what you’re talking about.
Jokes on you, I already sold all my bitcoins at the top of the June 2011 bubble because it was obvious even then that this whole thing would totally fall apart once china completely bans bitcoin, as we now know it has from numerous legit sources.
You and I both know that even people who bought above $50 are in trouble, if they don't act soon.
Bitcoin probably won't hit $1000 again because of sources.
Wait a minute, just wait a goddam minute, I think I'm getting some bad news from sources...
Will you let us all know when it's time to get back in so that our bitcoin positions don't get smaller, or is this THE last chance to get out before the end of bitcoin? Please advise, thank you.
I'm just posting what everyone else has been posting around here for the past 48 hours, just in a more coherent form so that everyone can clearly see the proof and sensibly understand why they should sell all of the their bitcoins now.
Exactly! This will at least push the price to standard deviated trend line based on the failed exponential growth curve. That means the price should fall to around $100 in the short medium term optimistic bear case, but will probably go lower in the fourth quarter of bitcoin's fiscal year.
By 2015, the price might, and I say "might", stabilize in the healthy zone (can't provide a chart right now), which is between $1 and $2. This, of course, assumes a conservative bullish bear case, so we could see much worse.
By 2016, no bitcoin anymore, and this can be seen in some of the latest confirmed bad news sources, mostly in Chinese and Russian (See Peter R's recent reporting).
All this leads to an inevitable conclusion: EVERYONE MUST SHOTR BITCOIN at the highest margin levels.
The price will hit $5,000 again in 2018, and even approach $1,000. In 2019 the price will go below $1,000 on its way to complete collapse and failure. 2020 bitcoin will be done. Facts.
This guy is a total charlatan.
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