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Author Topic: Bitcoin to $15k in March, $8.5k by June, then $30+k by Q1/2019?  (Read 1074 times)
Traxo (OP)
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March 03, 2018, 01:28:42 PM
Last edit: March 06, 2018, 12:45:40 PM by Traxo
 #1

Interesting analysis (both technical and fundamental) by @anonymint on steemit:
https://steemit.com/trading/@anonymint/bitcoin-to-usd15k-in-march-usd8-5k-by-june-then-usd30-k-by-q1-2019

Post edited:
Quote
$100,000 Probably Not Until 2024+
[...]

Another edit was added:
Quote
ICO-issued Tokens Will Collapse?
[...]
Both prior paragraphs, project that Bitcoin will become nearly 100% of the total crypto market capitalization again!
[...]
The ICO illegal securities mania probably has everyone thinking that’s the new normal.
The altcoins are extremely overvalued with 99% of them being complete nonsense and scammy money grabs.
There’s going to be a reversion to the reality starting very soon.

Relevant topic w.r.t. first chart:
Logarithmic (non-linear) regression - Bitcoin estimated value
https://bitcointalk.org/index.php?topic=831547.0;all

See this comment also:
https://bitcointalk.org/index.php?topic=2485096.msg25531777#msg25531777



Note that he (@anonymint) advised to buy LTC at $7 because he predicted it would move to $100+.

And bitcoin at $700:
Any one buying precious metals right now and not Bitcoin @$700 is an idiot.


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March 03, 2018, 03:04:30 PM
 #2

i can't believe there are actual people still reading this guys all-over-the-place thoughts!
if you think bitcoin is volatile and swings up and down you have to check this dude's posts, they swing more than bitcoin does. HE is volatile Cheesy

i remember in 2017 when he was spamming on bitcointalk, one day he said buy bitcoin it will go to the moon and the next day price dropped 5% so he deleted his previous posts and started posting about how you should sell your bitcoin because it is on a "downward spiral" and will drop a lot. then a couple days later when that obviously didn't happen and price went up instead he started his "clean up" again Cheesy


There is a FOMO brewing...
Traxo (OP)
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March 03, 2018, 03:43:29 PM
Last edit: March 04, 2018, 08:04:59 PM by Traxo
 #3


if you think bitcoin is volatile and swings up and down you have to check this dude's posts, they swing more than bitcoin does. HE is volatile Cheesy


Volatile? Well he is adjusting the probabilities, as he should w.r.t. TA.
Probably he is not correct every time, but from what I've seen, he mostly is correct.


i remember in 2017 when he was spamming educating on bitcointalk, one day he said buy bitcoin it will go to the moon and the next day price dropped 5% so he deleted his previous posts and started posting about how you should sell your bitcoin because it is on a "downward spiral" and will drop a lot. then a couple days later when that obviously didn't happen and price went up instead he started his "clean up" again Cheesy


I provided links to posts wherein he was screaming to buy BTC/LTC at then low prices.
I've been a reader for a while and I don't recall him deleting anything like that, mostly his missing posts are nuked by mods.
Without sources your claims are empty.

His posts are permanently saved on steem blockchain now (so we can see edits if there are any).
Do you think he will be proven right again?
Did you set sell/buy orders yet?
Last of the V8s
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March 04, 2018, 07:57:35 PM
 #4

i can't believe there are actual people still reading this guys all-over-the-place thoughts!
if you think bitcoin is volatile and swings up and down you have to check this dude's posts, they swing more than bitcoin does. HE is volatile Cheesy

i remember in 2017 when he was spamming on bitcointalk, one day he said buy bitcoin it will go to the moon and the next day price dropped 5% so he deleted his previous posts and started posting about how you should sell your bitcoin because it is on a "downward spiral" and will drop a lot. then a couple days later when that obviously didn't happen and price went up instead he started his "clean up" again Cheesy



wow what a shit-head. you're making stuff up for what reason? you don't understand his stuff? he's a bit bearish in parts?
don't just lie, you twat. take a hike.

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March 04, 2018, 08:07:01 PM
 #5

i can't believe there are actual people still reading this guys all-over-the-place thoughts!
if you think bitcoin is volatile and swings up and down you have to check this dude's posts, they swing more than bitcoin does. HE is volatile Cheesy

i remember in 2017 when he was spamming on bitcointalk, one day he said buy bitcoin it will go to the moon and the next day price dropped 5% so he deleted his previous posts and started posting about how you should sell your bitcoin because it is on a "downward spiral" and will drop a lot. then a couple days later when that obviously didn't happen and price went up instead he started his "clean up" again Cheesy


There are many such people. I call them a weather vane. Their thoughts depend on which way the wind blows. But such people should be. They teach us to make decisions based solely on our knowledge. People will understand that now the most expensive property is their knowledge. Digital society requires a good education.
Traxo (OP)
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March 04, 2018, 08:35:53 PM
 #6

There are many such people. I call them a weather vane. Their thoughts depend on which way the wind blows. But such people should be. They teach us to make decisions based solely on our knowledge. People will understand that now the most expensive property is their knowledge. Digital society requires a good education.

So let's completely ignore OP and hop into crab bucket with random signature scampaign scandalmonger profiteers.

People will understand that now the most expensive property is their knowledge. Digital society requires a good education.

Why then do you refuse to click the links and read?
It's free. (unlike your comment)
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March 05, 2018, 12:24:32 AM
 #7

Are you from the future?  Cause it seems that youre confident in your prediction about the price of.bitcoin till next year. Bitcoin price is still base on the supply and demand.
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March 05, 2018, 12:46:34 AM
 #8

Wouldn't make any sense for bitcoin to be dumped down to $8.5k by June and then all of a sudden recover back up to $30+k in the first quarter of the following year. I don't think that that scenario has ever happened.

It definitely could happen given the volatility of bitcoin, but it's not likely or the most likely outcome.

If BTC does get down to $8.5k or potentially less it means that the bull market is over. And in that case, it's not going to recover until at least 2020 which is the year when the next block reward halving occurs. Historically, that has always happened. And there was not a lot of activity for the year just before the halving since it doesn't really have anything to hype about in that year generally.
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March 05, 2018, 07:20:19 AM
 #9

Quote
crypto winter peak   peak price   new ATHs attained
Nov 2010                    $0.50   Q1/2011
Jun 2011                       $32   Q1/2013
Dec 2013                     $1250   Q1/2017
Feb 2019?                   $31,250?   Q1/2024?
Aug 2026?                    $500,000?        ?

$100,000 Probably Not Until 2024+

I cannot help but think of one thing. Someone will be on national television eating his own penis. It will surely be another historic day in Bitcoin land. Hahahaha!

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amaydel
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March 05, 2018, 07:38:27 AM
 #10

We can speculate or predict about bitcoin's future price be it an all time high or an all time low because it is a fact that bitcoin is volatile. I have read articles about bitcoin predictions too and it was in the year 2020 and 2021 does bitcoin reach its peak.

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March 05, 2018, 07:57:39 AM
 #11

Are you from the future? 
He isn't.  He's posting those interesting speculations and predictions from other members here.
Interesting post from anonymint! Thanks for sharing and consolidating with other predictions Traxo.

I cannot help but think of one thing. Someone will be on national television eating his own penis. It will surely be another historic day in Bitcoin land. Hahahaha!
Hahaha  Grin the most awaited day of every bitcoiner. But $100,000 is still huge.

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March 05, 2018, 08:18:42 AM
 #12

Quote
crypto winter peak   peak price   new ATHs attained
Nov 2010                    $0.50   Q1/2011
Jun 2011                       $32   Q1/2013
Dec 2013                     $1250   Q1/2017
Feb 2019?                   $31,250?   Q1/2024?
Aug 2026?                    $500,000?        ?

$100,000 Probably Not Until 2024+

I cannot help but think of one thing. Someone will be on national television eating his own penis. It will surely be another historic day in Bitcoin land. Hahahaha!

Haha, yeah. But that specific individual was doomed as he made his prediction in the first place. Unfortunately, only a hyperinflationary scenario will save him now where the US dollar's value goes down through the floor  Cry Shouldn't have been that arrogant and made predictions without any backing, eh?

In the analysis, everything was based on the past.

It's unlikely that bitcoin is going to continue its exponential growth curve, at least for me. We'll still continue to go up but probably in a generally slower pace over a longer term. $15k in March is definitely possible, a crash by June again would be possible, but for it to 5x within less than 1 year and reach an ATH isn't believable at least from his evidence.

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March 05, 2018, 10:48:11 AM
 #13

So let's completely ignore OP and hop into crab bucket with random signature scampaign scandalmonger profiteers.

yeah well some people around here don't forget things easily because they read OPs and it is no secret and you have been calling a big drop ever since price went above $2000 and was stuck at a new resistance above that!
and apparently you have a thing for number "8" because it was $800 that you were calling for back then Wink

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March 05, 2018, 11:20:53 AM
Last edit: March 05, 2018, 12:02:04 PM by Traxo
 #14


In the analysis, everything was based on the past.


Some charts (TA) is based on the past, yeah.
Personally I find it difficult to make chart based only on the future prices.
However, his analysis also includes possible future events (ICO crackdown, SegWit donations etc).


It's unlikely that bitcoin is going to continue its exponential growth curve, at least for me.
We'll still continue to go up but probably in a generally slower pace over a longer term.
$15k in March is definitely possible, a crash by June again would be possible, but for it to 5x within less than 1 year and reach an ATH isn't believable at least from his evidence.

Doesn't need x5 for new ATHs.
Last year it was even x20 at one point anyway, so what's not believable? A $trillion mcap?

Make sure you read updated section "ICO-issued Tokens Will Collapse?" in the linked steemit post.

Also keep an eye on April 17.
You guys are about to have new reality.

Reminder: cryptocurrencies are still a new and hyper-volatile asset class, and could drop to near-zero at any time.
Don't put in more money than you can afford to lose. If you're trying to figure out where to store your life savings, traditional assets are still your safest bet.

Goldman Sachs-backed cryptocurrency startup Circle has acquired digital token exchange Poloniex
[...]
expected to grow the Poloniex exchange out to include other non-crypto assets, such as physical goods and financial products such as derivatives.



yeah well some people around here don't forget things easily because they read OPs and it is no secret and you have been calling a big drop ever since price went above $2000 and was stuck at a new resistance above that!
and apparently you have a thing for number "8" because it was $800 that you were calling for back then Wink

Please note that I'm not @anonymint. I only linked to his analysis on steemit.
And I suppose that scandalmonger @BrewMaster didn't forget anything, but is actually making things up, however I don't know why tho, or what's his agenda.
I exposed someone similar in the past.

Apparently, your allegation is also not true.

You guys should read more carefully, and follow any further adjustments to his analysis.
I hope that other readers can make reasonable distinction between sourced evidence (truth), and empty claims (i.e. lies).
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March 05, 2018, 12:04:04 PM
 #15

Great Analysis, But I think this is just a speculation on what bitcoin might achieve for the 1st quarter of 2018, And a great source of information and motivation for many investors that wants to invest with bitcoin well now is a great time to hodl your bitcoin and brace for the $30,000 mark value that bitcoin might attain this year,
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March 05, 2018, 01:41:39 PM
 #16

Interesting analysis (both technical and fundamental) by @anonymint on steemit:
https://steemit.com/trading/@anonymint/bitcoin-to-usd15k-in-march-usd8-5k-by-june-then-usd30-k-by-q1-2019

Post edited:
Quote
$100,000 Probably Not Until 2024+
[...]

Another edit was added:
Quote
ICO-issued Tokens Will Collapse?
[...]

Relevant topic w.r.t. first chart:
Logarithmic (non-linear) regression - Bitcoin estimated value
https://bitcointalk.org/index.php?topic=831547.0;all

See this comment also:
https://bitcointalk.org/index.php?topic=2485096.msg25531777#msg25531777



Note that he (@anonymint) advised to buy LTC at $7 because he predicted it would move to $100+.

And bitcoin at $700:
Any one buying precious metals right now and not Bitcoin @$700 is an idiot.



The thing that is exciting is that, we don't really know what could possibly happen for the next months to come. Crashes are surely expected as well as the increase. Knowing that Bitcoin's market value is really volatile, holding will be the best thing to do. I am expecting that the price will be more expensive on the last quarter of this year as what happened last yeat.

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March 05, 2018, 02:28:26 PM
 #17

$30,000 plus by Q1 - 2019

I will take that Cheesy I’d really like to avoid seeing us crash from $15,000 to $8,500 again though.

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March 05, 2018, 03:04:00 PM
 #18

If we look out for the bitcoin trends of 2017 , the result was kind of similar to the scenario mentioned above .
Bitcoin was falling in the first half of the year and there was a sharp rise in its value after september .
But it is still unlikely to say that bitcoin would go to 30k in 2019 after it has a value of around 8.5k . Such huge change in the value is unlikely to happen . If it does then there would be as sharp downfall as well .

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Lucius
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March 05, 2018, 03:49:53 PM
 #19

If we look out for the bitcoin trends of 2017 , the result was kind of similar to the scenario mentioned above .
Bitcoin was falling in the first half of the year and there was a sharp rise in its value after september .
But it is still unlikely to say that bitcoin would go to 30k in 2019 after it has a value of around 8.5k . Such huge change in the value is unlikely to happen . If it does then there would be as sharp downfall as well .

I do not agree that BTC is falling in first half of 2017,it is start 2017 with price under 1000$(around 985$) and it is rising to 2850$(Jun 5),then we see correction on 2236$(Jul 10).After that price is rise to 4670$(Aug 28) and go down to 3780$(Sep 18),then only up to 17500/18000(Dec 11).So it is mostly going up with few corrections during the year.

We can expect something similar in this year,most of investors predict 30 000$-40 000$ by the end of this year and it is certainly possible.If BTC price only triple current value it will be around 35 000$,and if it is possible to get from 1000$ to 20 000$ in one year,everything is possible.

I agree that in case of new ATH we will see big correction,it is normal and expected like always.

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Trolololo
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March 05, 2018, 08:13:17 PM
 #20

Thank you for the link!
Amazing article!
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