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Author Topic: This graphic was posted 3 years ago and predicted the $10,000 date  (Read 1238 times)
lili song
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December 01, 2017, 05:05:06 PM
 #21

Yes incredible, the prediction is matched. People know bitcoin will be increase every years.
So now many investors believe bitcoin will make more value in profit for them. It will help the price up.
South Park
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December 01, 2017, 07:08:57 PM
Last edit: December 02, 2017, 08:34:10 PM by South Park
 #22

Funny how everyone was so negative about the projections made by the OP back then. Right now, almost everyone--including the non-believers at Wall Street--are now looking to bank on the bitcoin craze with their own investments. I feel like everyone right now is on the verge of making stupid decisions just so that they wouldn't miss on the craze of bitcoin they ignored back when it was struggling to get a boost in 2014. We're on the stage of people pouring over their hard-earned money into something they don't fully understand because successful investors (with testaments) tell them so. This will still cause another massive gains in prices and could still follow the projections made by the OP of the graph.

The momentum hasn't shifted for the bears' favor yet. This is all bulls' game for the next years to come and Wall Street would make it look more promising.
Yeah it seems we are going to get some serious bulls in the next year and while it is doubtful the prediction in the chart is going to become true at the expected time frame I think we can all agree we are about to see one of the biggest bull runs on bitcoin history, so we need to get ready and be prepared to sell went bitcoin reaches our target price.
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December 01, 2017, 07:53:17 PM
 #23

Funny how everyone was so negative about the projections made by the OP back then. Right now, almost everyone--including the non-believers at Wall Street--are now looking to bank on the bitcoin craze with their own investments. I feel like everyone right now is on the verge of making stupid decisions just so that they wouldn't miss on the craze of bitcoin they ignored back when it was struggling to get a boost in 2014. We're on the stage of people pouring over their hard-earned money into something they don't fully understand because successful investors (with testaments) tell them so. This will still cause another massive gains in prices and could still follow the projections made by the OP of the graph.

The momentum hasn't shifted for the bears' favor yet. This is all bulls' game for the next years to come and Wall Street would make it look more promising.
Yeah it seems we are going to get some serious bulls in the next year and while it is doubtful the prediction in the chart is going to become true at the expected time frame I think we can all agree we are about to see one of the biggest bull runs on bitcoin history,so we need to get ready and be prepared to sell went bitcoin reaches our target price.

The heard has just started its run and we can hear them from afar. And as far as the bear's no, they can't disturbed anything right now, 2018 will remain very bullish whether this kind of prediction exists or not. As I said, 2017 and breaking $10,000 is just the beginning for bitcoin and it will make another milestone I'm pretty sure of that. So we all need to be prepared when the you hear the heards amazing run. Wall Streets, financial institutions and now CME futures contracts then Nasdaq too in Q2 of 2018. They have already set a precedence and other's will follow suit as well. Let's see it the graph and the predictions holds true till the end of 2018. And we can all come back here again and discuss.  Grin

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 MΞTAWIN  THE FIRST WEB3 CASINO   
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.. PLAY NOW ..
thecodebear
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December 01, 2017, 07:55:40 PM
 #24

That chart has so far obviously been very accurate in terms of long term growth. Though it seems 2018 and 2019 might be the landslide and I think Bitcoin will head above the chart line for the next few years, starting now.
thejaytiesto (OP)
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December 06, 2017, 05:41:45 PM
 #25

Looks like someone is really nervous about current bitcoin prices and they want to facilitate shorting bitcoin:

https://www.bloomberg.com/news/articles/2017-12-04/the-next-big-short-hedge-funds-prepare-to-trade-against-bitcoin

We'll see how it goes. We have certainty whales on our side (those of us that are near %100 BTC just want to see it go higher) which will fight the shorts and try to liquidate them. But its clear someone up there wants to short it into oblivion, we'll see who wins. Everyone that has been calling tops for 2017 has been proven wrong thus far, it just keeps going higher. The psychological "collectible" effect of the 21 million limit is very strong and creates a permabull market now that a lot of people are catching up with it. Im on a position where I don't really care if there is a crash, I wouldn't lose money and i know long term we are going higher, would liquidate some of my alts to buy cheaper anyway.
Denker
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December 06, 2017, 07:20:49 PM
 #26

Looks like someone is really nervous about current bitcoin prices and they want to facilitate shorting bitcoin:

https://www.bloomberg.com/news/articles/2017-12-04/the-next-big-short-hedge-funds-prepare-to-trade-against-bitcoin

We'll see how it goes. We have certainty whales on our side (those of us that are near %100 BTC just want to see it go higher) which will fight the shorts and try to liquidate them. But its clear someone up there wants to short it into oblivion, we'll see who wins. Everyone that has been calling tops for 2017 has been proven wrong thus far, it just keeps going higher. The psychological "collectible" effect of the 21 million limit is very strong and creates a permabull market now that a lot of people are catching up with it. Im on a position where I don't really care if there is a crash, I wouldn't lose money and i know long term we are going higher, would liquidate some of my alts to buy cheaper anyway.

I say this is mostly FUD!
Why should they short the shit out of corn when there is so much more money to be made on the long side?? I'm sure Wall Street is going to inflate Bitcoin as much as the stockmarket. There is BTC, a still very empty storage tank which could grow so much more in value. They will long it!
Shorters will get rekt imo!
Bitcoin will teach them a tough lesson. Honeybadger does not care!
Krikke
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December 06, 2017, 07:23:11 PM
 #27

Looks like someone is really nervous about current bitcoin prices and they want to facilitate shorting bitcoin:

https://www.bloomberg.com/news/articles/2017-12-04/the-next-big-short-hedge-funds-prepare-to-trade-against-bitcoin

We'll see how it goes. We have certainty whales on our side (those of us that are near %100 BTC just want to see it go higher) which will fight the shorts and try to liquidate them. But its clear someone up there wants to short it into oblivion, we'll see who wins. Everyone that has been calling tops for 2017 has been proven wrong thus far, it just keeps going higher. The psychological "collectible" effect of the 21 million limit is very strong and creates a permabull market now that a lot of people are catching up with it. Im on a position where I don't really care if there is a crash, I wouldn't lose money and i know long term we are going higher, would liquidate some of my alts to buy cheaper anyway.

I say this is mostly FUD!
Why should they short when there is so much more to be made on the long side??
Shorters will get rekt!
There will be shorters of course, especially guys who think they are the kings and nothing can stop them.
But there will also be really big players on the buy side. And either way, Bitcoin will learn them a tough lesson. Honeybadger does not care!

But how can they short? They cannot lend coins, they need to buy them before dumping them? And they need to buy tens of thousands and spread them over different exchanges...
Denker
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December 06, 2017, 07:24:06 PM
 #28

Looks like someone is really nervous about current bitcoin prices and they want to facilitate shorting bitcoin:

https://www.bloomberg.com/news/articles/2017-12-04/the-next-big-short-hedge-funds-prepare-to-trade-against-bitcoin

We'll see how it goes. We have certainty whales on our side (those of us that are near %100 BTC just want to see it go higher) which will fight the shorts and try to liquidate them. But its clear someone up there wants to short it into oblivion, we'll see who wins. Everyone that has been calling tops for 2017 has been proven wrong thus far, it just keeps going higher. The psychological "collectible" effect of the 21 million limit is very strong and creates a permabull market now that a lot of people are catching up with it. Im on a position where I don't really care if there is a crash, I wouldn't lose money and i know long term we are going higher, would liquidate some of my alts to buy cheaper anyway.

I say this is mostly FUD!
Why should they short when there is so much more to be made on the long side??
Shorters will get rekt!
There will be shorters of course, especially guys who think they are the kings and nothing can stop them.
But there will also be really big players on the buy side. And either way, Bitcoin will learn them a tough lesson. Honeybadger does not care!

But how can they short? They cannot lend coins, they need to buy them before dumping them? And they need to buy tens of thousands and spread them over different exchanges...

No the futures will be cash settled. No real bitcoin needed.
Krikke
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December 06, 2017, 07:32:02 PM
 #29

Looks like someone is really nervous about current bitcoin prices and they want to facilitate shorting bitcoin:

https://www.bloomberg.com/news/articles/2017-12-04/the-next-big-short-hedge-funds-prepare-to-trade-against-bitcoin

We'll see how it goes. We have certainty whales on our side (those of us that are near %100 BTC just want to see it go higher) which will fight the shorts and try to liquidate them. But its clear someone up there wants to short it into oblivion, we'll see who wins. Everyone that has been calling tops for 2017 has been proven wrong thus far, it just keeps going higher. The psychological "collectible" effect of the 21 million limit is very strong and creates a permabull market now that a lot of people are catching up with it. Im on a position where I don't really care if there is a crash, I wouldn't lose money and i know long term we are going higher, would liquidate some of my alts to buy cheaper anyway.

I say this is mostly FUD!
Why should they short when there is so much more to be made on the long side??
Shorters will get rekt!
There will be shorters of course, especially guys who think they are the kings and nothing can stop them.
But there will also be really big players on the buy side. And either way, Bitcoin will learn them a tough lesson. Honeybadger does not care!

But how can they short? They cannot lend coins, they need to buy them before dumping them? And they need to buy tens of thousands and spread them over different exchanges...

No the futures will be cash settled. No real bitcoin needed.

But they need to SELL bitcoin to make cash on the short side?
They cannot sell it before they have it... unless they can lend them like with stocks
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December 06, 2017, 08:54:49 PM
 #30

But they need to SELL bitcoin to make cash on the short side?
They cannot sell it before they have it... unless they can lend them like with stocks

Nope. They really are just betting on the price. No bitcoin involved whatsoever.

Buy & Hold
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