What lies ahead in 2017

[afbitcoins]

I looked at some tea leaves and I drew a few squiggly lines on this chart.



What do you think, which line fits best ?


NOTE : I've edited this post a lot since the original post which only had the blue line on it. Apologies for that.

EDIT : Added poll

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[afbitcoins]

I'm thinking blue line and a disapointing 2017 myself, or perhaps pink

[chopstick]

Anything could happen. There are a huge number of variables.

First, we need to overcome the 1mb strangulation that Core now represents.

[boyshx]

ahead of 2017 lies 2018 of course

[d5000]

The orange line (or even the blue one) would be the best for Bitcoin. (I don't want to repeat myself, it's related to SegWit and the full blocks).

The magenta one seems the most probable, although I would place its highest point much lower. In my opinion, the steep channel you are drawing in the exponential chart is not sustainable, BTC must slow down to really get adoption. That steepness was only related to a serious undervaluing during 2015 that made it easy for the price to recover.

Halving, in my opinion, is not very important for the BTC price evolution. It only can lead to some short rallies like in 2016. The rest of the price growth is due to other factors like adoption and speculation.

[DefendKebab]

More regulation , governments will step in to protect investors from large losses, look what happened at the recent bitcoin drop.
Don't forget the recent Bitfinex 'hack'. Bitcoin is far away from mass adaption and being a serious investment.

[afbitcoins]

I've added poll. Please vote

 

[Wilhelm]

I'm going for mostly pink (last bit of pink line is not what is going to happen).
Basically the trend will follow your green band bouncing between the upper and lower line of the green band.

[Tanic]

By the calculus of probability each variant is possible. And I prefer to not listen all this predictions, because of no one that I heard came true exactly.

[mainpmf]

I'm thinking blue line and a disapointing 2017 myself, or perhaps pink

I agree with the blue!
But maybe not a so long one, maybe 2017 won't be a whole disapointment. I see the price dropping back to 650/700 but not to 500 as the blue suggests. And especially not for so long even though I believe we'll have to face this price for some times.
The others solution aren't realistic. Current situation says that price can't support a full upper trend right now but it's still the global trend so expecting for a strong decrease is stupid. And orange isn't something I'd like to see happening :3
And the funny thing is when you look at the poll: guess who voted green? xD

[afbitcoins]

Just looked at one of my old threads. The pink line won. Who'd have thunk? Maybe I should do a corresponding 2018 one?