Bitcoin Forum
March 09, 2021, 03:33:02 AM *
News: Latest Bitcoin Core release: 0.21.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Double bottom or lower low?
3.1k (double bottom) - 4 (57.1%)
2k to 2.5k (lower low) - 3 (42.9%)
Total Voters: 7

Pages: « 1 2 [3] 4 »  All
  Print  
Author Topic: Double bottom @ 3.1k or lower low @ 2k?  (Read 602 times)
7788bitcoin
Legendary
*
Offline Offline

Activity: 1652
Merit: 1011


Crypto Casino & Sportsbook


View Profile
May 27, 2020, 08:09:14 PM
 #41

I am very very amused by these people, $2k by the end of second half and 700-900 by next year Cheesy lol, even if you combine all the greatest comedians in the whole world and tell them to write a joke it wouldn't be this funny.
People dream too much and so is the reason view that the price would dump before a big rally. If they stop considering bitcoin as magic way to make money then they will stop having these wild dreams  Cheesy.

If you think you can find billions of dollars worth of bitcoin to be sold to make the price go down that much, you are only kidding yourself. You can call bulls whatever you want, the price could even drop a bit, but if you are looking for $2k, I am going to be laughing my ass off to the bank thinking about you guys.
Since there are many wallets which are having coins mined in the early days are waking up and sending out messages anything is possible as you never know what they will be doing with those coins and whether they will dump those coins in the market or when they will be moving those coins but still i am not seeing a blood bath.


██████████████████████████████████████████████████████████████████████
████████▀▀▀        ▀▀█████████████████████████████████████████████████
██████▀    ▄▄▄▄▄▄▄▄    ███████████████████████████████████████████████
█████    ▄█████████▌   ▐█████▀  ▐███████████████▌  ▀██████████████████
████▌   ▐██████████    █████    ████████████████    ██████████████████
████▌   ▐█████████▄▄▄▄█████▌   ▐███████████████▌   ▐███▀▀█████████████
█████    ▀███████████████▀▀        ▄███████████    ██▀   ▐████████████
██████▄     ▀▀███████▀▀         ▄▄███▀▀▀▀█████▌   ▐▀   ▄███▀▀   ▀█████
█████████▄▄     ▀▀███▄  ▄▄    ████▀    ▄   ███       ▄███▀   ▄█  ▐████
█████████████▄▄     ▀████▌   ▐███▀   ███   ██▌      ████    ██▀  █████
██████▀▀   ▀█████▄    ███    ████   ███▌  ▐██    ▌  ▐██▌      ▄▄██████
█████    ▄████████    ▐██    ██▀▀   ██▀   ▐▀    ▐█   ██▌   ▀██▀▀  ████
████▌   ▐████████▀    ███▄     ▄▄▄     ▄    ▄   ▐██   ██▄      ▄▄█████
████▌   ███████▀    ▄███████████████████████████████▄  ▀▀██████▀▀ ████
█████    ▀▀▀▀     ▄█████████▀    ▀█▀    ▀█       ▀████▄▄         ▄████
██████▄▄    ▄▄▄▄████████████  █████  ██  █  █  █  ████████████████████
█████████████████████████  █▄    ▄█▄    ▄█  █  █  ████████████████████
██████████████████████████████████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀▐▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄█▀▀▀█████████▀▀▀█▄
▄█▀    ▄▀█████▀     ▀█▄
▄█▄    █        ▀▄   ███▄
▄████▀▀▀▀▄       ▄▀▀▀▀▀███▄
████      ▀▄▄▄▄▄▀       ███
███     ▄▄███████▄▄     ▄▀█
█  ▀▄ ▄▀ ▀███████▀ ▀▄ ▄▀  █
▀█   █     ▀███▀     ▀▄  █▀
▀█▄▄█▄      █        █▄█▀
▀█████▄ ▄▀▀ ▀▀▄▄ ▄▄███▀
▀█████        ████▀
▀▀█▄▄▄▄▄▄▄█▀▀
● OVER 1000 GAMES
● DAILY RACES AND BONUSES
● 24/7 LIVE SUPPORT
1615260782
Hero Member
*
Offline Offline

Posts: 1615260782

View Profile Personal Message (Offline)

Ignore
1615260782
Reply with quote  #2

1615260782
Report to moderator
1615260782
Hero Member
*
Offline Offline

Posts: 1615260782

View Profile Personal Message (Offline)

Ignore
1615260782
Reply with quote  #2

1615260782
Report to moderator
1615260782
Hero Member
*
Offline Offline

Posts: 1615260782

View Profile Personal Message (Offline)

Ignore
1615260782
Reply with quote  #2

1615260782
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Smitty Werben Man Jensen
Full Member
***
Offline Offline

Activity: 952
Merit: 100


Student Coin


View Profile
May 31, 2020, 11:34:47 AM
 #42

$ 3100 and 2100 we will never meet again, it's useless if we wait for it at that low price,
we've entered a bullish wave, don't expect to get a cheap price

► StudentCoin◄ ♦ Platform to create personal, DeFi and NFT Tokens♦ ► StudentCoin◄
───●●───●●───●●───●●───●●─[   Bounty Detective   ]─●●───●●───●●───●●───●●───
Website◂ | ▸Twitter◂ | ▸Facebook◂ | ▸LinkedIn◂ | ▸Telegram◂ | ▸Reddit◂ | ▸Instagram
LogitechMouse
Sr. Member
****
Offline Offline

Activity: 1274
Merit: 364


🔐 NotYourKeys.org 🔑


View Profile WWW
May 31, 2020, 02:13:02 PM
 #43

Any so-called analysts or "expert" analysts can predict whatever they want to predict and that is ok as we are free to predict but not all of them are predicting right especially this one.

Anything is possible with regards to crypto we know that but this scenario where it will reach 3.1k has a chance of around 1-5% only for me as I don't see any signs that this will go down again to these price but as I say anything is possible on it.

The only possible reason that I see is when there is a second wave of the COVID19 that will cause the investors to panic and sell their assets again like what happened last March. I know that some countries are facing the 2nd wave already but some saying it is not. Anyway, lets just hope for the best to all of the countries Smiley.

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
SmartCredit.io
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
.
.
.
.
.
|Low collateral ratio for the borrower's
Borrow crypto fixed-term-loans instantly
More than 3,000 registered users
|
UnDerDoG81
Legendary
*
Offline Offline

Activity: 1864
Merit: 1051


View Profile
May 31, 2020, 02:25:23 PM
 #44

2 or 3k is very welcome, even though I am bullish in long term. Have some fiat I want to get rid off before the covid crisis hits.
gentlemand
Legendary
*
Offline Offline

Activity: 2576
Merit: 2963


Welt Am Draht


View Profile
May 31, 2020, 03:49:54 PM
 #45

People dream too much and so is the reason view that the price would dump before a big rally. If they stop considering bitcoin as magic way to make money then they will stop having these wild dreams  Cheesy.

It starts off being what you actually think will happen, then becomes what you want to happen and then you jettison all reason and desire and set your mind on 'it WILL happen' just because you've spent so long nurturing this belief.

We've seen it a million times on here and they almost always balls up and go silent.

They could well be right eventually but the chances are high they're so fixated that they screw up long before the actual event with a premature move. An open mind and willingness to go with the tide is prerequisite for success at this type of thing.
exstasie
Legendary
*
Offline Offline

Activity: 1806
Merit: 1506


View Profile
May 31, 2020, 10:22:20 PM
 #46

2 or 3k is very welcome, even though I am bullish in long term. Have some fiat I want to get rid off before the covid crisis hits.

Be careful what you wish for. If the market goes to $3K, there's little doubt in my mind it's going much lower. Too much time has passed and too much accumulation has occurred for a double bottom.

If $3K, then this becomes a decent possibility:



Yes, his target is $771. Triple digits. Tongue

I don't think $3K is likely at all however. I'm not worried about that scenario until and unless the market is trading near $5K or below. A Fibonacci retracement that far will be a warning that the March-May bull market has terminated.

fabiorem
Sr. Member
****
Offline Offline

Activity: 1330
Merit: 340


View Profile
June 01, 2020, 04:23:01 AM
 #47

With the printing machines working ceaselessly, it seems unlikely the price will even touch 5k, let alone 3k.
The more money central banks prints, the more can be used to buy bitcoin, thus increasing the price.
adaseb
Legendary
*
Offline Offline

Activity: 2590
Merit: 1274



View Profile
June 01, 2020, 04:58:01 AM
 #48

With the printing machines working ceaselessly, it seems unlikely the price will even touch 5k, let alone 3k.
The more money central banks prints, the more can be used to buy bitcoin, thus increasing the price.

This is not how it works. When banks print money, there is more of it out there and hence prices of goods and services increases like bread and eggs. Also stocks in general should increase since the company needs to charge more for their products, hence higher PE ratio.

Bitcoin is different and doesn't necessarily need to increase. Only reason it "should" increase is because people might buy it to hedge against inflation. However keep in mind that BTC is not cheap at the moment, just like Gold. Hence people might buy other access like real estate in certain areas.





.
.




░██████████████████░
████████████████████
█████████▀░░░███████
█████████░░▄████████
███████▀▀░░▀▀███████
███████▄▄░░▄▄███████
█████████░░█████████

█████████░░█████████

█████████▄▄█████████

████████████████████

░██████████████████░
░██████████████████░
████████████████████
████████████▀▀▀█▀███
███░▀█████▀░░░░░▀███
███▌░░░▀▀▀░░░░░░████
████▄░░░░░░░░░░░████
█████▀░░░░░░░░░█████

██████▄░░░░░▄▄██████

█████▄▄▄▄███████████

████████████████████

░██████████████████░
░██████████████████░
████████████████████
████████████████████
███████████▀▀░░▐████
███████▀▀░░░░░█████
████▀░░░▄█▀░░░▐█████
█████▄▄█▀░░░░░██████

███████▌▄▄▄▐██████

████████████████████

████████████████████

░██████████████████░
maydna
Hero Member
*****
Offline Offline

Activity: 1876
Merit: 530



View Profile
June 01, 2020, 05:33:15 AM
 #49

With the printing machines working ceaselessly, it seems unlikely the price will even touch 5k, let alone 3k.

Touch $5k? I would love to wait for that moment because that will be a big discount for everyone, especially if the price continues to go down for $3k. I am sure many people don't want to let the chance to buy bitcoin, whether it's an old bitcoin user or new bitcoin user because if that happens, we might not see that price in the future.

Although it looks impossible to down to $5k or $3k, the bitcoin price can change to any price, and we already knew that. We still see the price is at above $9k even though the trend now is down, but there is a possibility to see the price will go down more.

██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████████████████
███████████████████████████
████████▀▀▄▄▄▄▄▄▄▀▀████████
██████▀▄██▀▀▄▄ ████▄▀██████
█████ ███ ████ ▀▀████ █████
████ █████ ███▀▀▀▄████ ████
████ ███▀▀▀▄▄▄████████ ████
████ ██▄▄▀▀███████▀▄▄█ ████
█████ █████ █▀██▀▄███ █████
██████▄▀███▀▄█▀▄███▀▄██████
████████▄▄▀▀▀ ▀▀▀▄▄████████
██████████▀▄███████████████
██████████████████████████
.
.FortuneJack.
██
██
██
██
██
██
██
██
██
██
██
██
██
.
..JACKMATE FANTASY  │  BUILD YOUR UCL TEAM OF 6..
██████
██
██
██
██
██
██
██
██
██
██
██
██
█████████████████████████████████████████████████████     █████████████████████
.
██████     ████████████████████████████████████████████████████████████████████
██
██
██
██
██
██
██
██
██
██
██
██
██████
.
..PLAY NOW..
davis196
Hero Member
*****
Offline Offline

Activity: 1806
Merit: 622



View Profile
June 01, 2020, 05:50:14 AM
 #50

Hi,

Both scenarios look possible. I would prefer to see a double bottom at 3.1k area (same low an January 2019). That would be very good for a trend reversal in the long term (2022 and beyond). I would finally become a bull!

I saw famous analyst masterluc predicted a lower low around 2k if the downtrend continues  Embarrassed unfortunately looks possible as well.

What is the most likely scenario, and why?



 

Why do you think that the Bitcoin price might crash to 3K USD or below 3K?
Why do you think that both scenarios looks possible?Can you post your analysis here?
It seems to me that you are one of the guys,who just wait for the Bitcoin price to crash badly,so they could start buying cheap Bitcoins.You are too lazy to learn crypto trading and too afraid to take action and buy Bitcoin now,so you just wait.Am I right?
I don't know anything about the "famous analyst masterluc" and I don't know why he is famous.Can you share more of his analysis?


▄██████████      █████████▄
▄██████████████████████████▄
▄█████▀          ▀███████▀          ▀████▄
▄█████                ███████                ████▄
▄█████                █████████                ████▄
█████                █████  █████                ████
█████               █████       █████               ████
█████             █████          █████              ████
█████              ████              ████              ████
████▌            █████              █████            ▐███
████▌            ████                  ████            ▐███
█████            █████              █████            ████
█████            ██████      ██████            ████
█████████    █████████████    ████████
█████████      █████████      ████████



        ▀▀▀▀▀▀▀▀▀▀▀▀▀
         ▀▀▀▀▀▀▀▀▀▀▀
      ▀▀▀▀▀▀▀▀▀
    ▀▀▀▀▀▀▀▀▀
  ▀▀▀▀▀▀▀▀▀▀▀
 ▀▀▀▀▀▀▀▀▀▀▀▀▀
       ▀▀▀▀▀▀▀▀▀▀▀
         ▀▀▀▀▀▀
           ▀▀▀▀
             ▀▀
           ▀▀


▀▀▀▀▀▀▀▀▀▀▀▀▀
    ▀▀▀▀▀▀▀▀▀▀▀
      ▀▀▀▀▀▀▀▀▀
          ▀▀▀▀▀▀▀▀▀
        ▀▀▀▀▀▀▀▀▀▀▀
      ▀▀▀▀▀▀▀▀▀▀▀▀▀
    ▀▀▀▀▀▀▀▀▀▀▀
            ▀▀▀▀▀▀
              ▀▀▀▀
                   ▀▀
Bossian
Member
**
Offline Offline

Activity: 447
Merit: 59


View Profile
June 01, 2020, 07:41:53 AM
 #51

2 or 3k is very welcome, even though I am bullish in long term. Have some fiat I want to get rid off before the covid crisis hits.

Be careful what you wish for. If the market goes to $3K, there's little doubt in my mind it's going much lower. Too much time has passed and too much accumulation has occurred for a double bottom.

If $3K, then this becomes a decent possibility:



Yes, his target is $771. Triple digits. Tongue

I don't think $3K is likely at all however. I'm not worried about that scenario until and unless the market is trading near $5K or below. A Fibonacci retracement that far will be a warning that the March-May bull market has terminated.

Contrary to what many here, I never ruled out the possibility to see Bitcoin at $1000 again, this is still the most important price of Bitcoin history, the price stay belowed $1000 for longer than it stayed above. I don't believe in $771, I haven't taken the time yet to look closely at the chart you posted but I believe $1000 is a very important and very strong support, though there would be huge panic among long time holders, but many newbies would buy at this price.


Hi,

Both scenarios look possible. I would prefer to see a double bottom at 3.1k area (same low an January 2019). That would be very good for a trend reversal in the long term (2022 and beyond). I would finally become a bull!

I saw famous analyst masterluc predicted a lower low around 2k if the downtrend continues  Embarrassed unfortunately looks possible as well.

What is the most likely scenario, and why?



 

Why do you think that the Bitcoin price might crash to 3K USD or below 3K?
Why do you think that both scenarios looks possible?Can you post your analysis here?
It seems to me that you are one of the guys,who just wait for the Bitcoin price to crash badly,so they could start buying cheap Bitcoins.You are too lazy to learn crypto trading and too afraid to take action and buy Bitcoin now,so you just wait.Am I right?
I don't know anything about the "famous analyst masterluc" and I don't know why he is famous.Can you share more of his analysis?

3.1k = double bottom (January 2019).

2.5k is more of a random number, just a lower low.

1uo2hAbLvmvhvw5WzQ6c3Lsc45zmewrWe
slaman29
Sr. Member
****
Offline Offline

Activity: 1484
Merit: 384


★Bitvest.io★ Play Plinko or Invest!


View Profile
June 01, 2020, 09:34:44 AM
 #52

It starts off being what you actually think will happen, then becomes what you want to happen and then you jettison all reason and desire and set your mind on 'it WILL happen' just because you've spent so long nurturing this belief.

We've seen it a million times on here and they almost always balls up and go silent.

They could well be right eventually but the chances are high they're so fixated that they screw up long before the actual event with a premature move. An open mind and willingness to go with the tide is prerequisite for success at this type of thing.

And then they come back some of them, waking up dormant accounts after a while, usually when Bitcoin's in its typical down cycle. Or they delete old posts and keep the ones that make them look like a genius.

Told you so! Called it first!



BIG WINNER!
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░▄███
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████
██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░
▀██░▄▄▄▄░████▄▄██▄░░░░
▄████████████▀▀▀▀▀▀▀██▄
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄
▀██░████████░███████░█▀
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████
▀████████████████████▀




Rainbot
Daily Quests
Faucet
batang_bitcoin
Hero Member
*****
Offline Offline

Activity: 1806
Merit: 565



View Profile
June 01, 2020, 09:45:16 AM
 #53

$ 3100 and 2100 we will never meet again, it's useless if we wait for it at that low price,
we've entered a bullish wave, don't expect to get a cheap price
I'm counting on it that we will never meet again these prices but I'm not yet sure and confident about that. Because bitcoin's volatility is making everything possible. The month of March wasn't expected to be that bad and we have seen a very low price for this half quarter. I'm this bullish and optimistic for bitcoin but can't remove the fact that any price is still of possibility unless we're actually far from those prices that you have given. Hoping that things will be good for the remaining quarters of this year until we see the real bull run like the 2017.

fabiorem
Sr. Member
****
Offline Offline

Activity: 1330
Merit: 340


View Profile
June 01, 2020, 02:32:15 PM
 #54

When banks print money, there is more of it out there and hence prices of goods and services increases like bread and eggs. Also stocks in general should increase since the company needs to charge more for their products, hence higher PE ratio.


Bitcoin is correlated with the stock market, so inflation might affect its price as well.
mapsfly
Newbie
*
Offline Offline

Activity: 20
Merit: 1


View Profile
June 02, 2020, 05:04:12 AM
Merited by BrewMaster (1)
 #55

When banks print money, there is more of it out there and hence prices of goods and services increases like bread and eggs. Also stocks in general should increase since the company needs to charge more for their products, hence higher PE ratio.


Bitcoin is correlated with the stock market, so inflation might affect its price as well.

It is behaving that way but it SHOULD NOT be correlated fundamentally speaking
exstasie
Legendary
*
Offline Offline

Activity: 1806
Merit: 1506


View Profile
June 02, 2020, 05:33:53 AM
 #56

Bitcoin is correlated with the stock market, so inflation might affect its price as well.

It is behaving that way but it SHOULD NOT be correlated fundamentally speaking

Why? Most investors consider them both to be risk assets. In a "flight to safety" scenario like March, investors exit both markets for cash. Both markets also benefit from excess dollar liquidity from QE, stimulus injections, etc.

nutildah
Legendary
*
Offline Offline

Activity: 2044
Merit: 4468


I'm not on Telegram


View Profile
June 23, 2020, 03:40:25 PM
 #57

How many months do we have to wait before you admit neither scenario was "possible"?

Word of advice: next time you make a poll, include a "neither" option. Your poll is the equivalent to asking the question "what is your favorite color" and then only providing "lime" and "periwinkle" as voting options.





.
.




░██████████████████░
████████████████████
█████████▀░░░███████
█████████░░▄████████
███████▀▀░░▀▀███████
███████▄▄░░▄▄███████
█████████░░█████████

█████████░░█████████

█████████▄▄█████████

████████████████████

░██████████████████░
░██████████████████░
████████████████████
████████████▀▀▀█▀███
███░▀█████▀░░░░░▀███
███▌░░░▀▀▀░░░░░░████
████▄░░░░░░░░░░░████
█████▀░░░░░░░░░█████

██████▄░░░░░▄▄██████

█████▄▄▄▄███████████

████████████████████

░██████████████████░
░██████████████████░
████████████████████
████████████████████
███████████▀▀░░▐████
███████▀▀░░░░░█████
████▀░░░▄█▀░░░▐█████
█████▄▄█▀░░░░░██████

███████▌▄▄▄▐██████

████████████████████

████████████████████

░██████████████████░
BrewMaster
Legendary
*
Offline Offline

Activity: 1834
Merit: 1213


There is trouble abrewing


View Profile
June 23, 2020, 04:11:37 PM
 #58

How many months do we have to wait before you admit neither scenario was "possible"?

Word of advice: next time you make a poll, include a "neither" option. Your poll is the equivalent to asking the question "what is your favorite color" and then only providing "lime" and "periwinkle" as voting options.

some people will neither ever learn nor would ever listen. just look how many people are talking about bearish trend whenever price drops $10! it is starting to become very funny in fact.

even funnier is when you look back at each time price was stable just like now. for example the biggest clowning time was some months ago when price was between $3999 and $3200 and kept going up and down. in fact there is some traces of that (the $2k) in OPs post too Wink

ene1980
Hero Member
*****
Offline Offline

Activity: 1484
Merit: 516


Crypto Casino & Sportsbook


View Profile
June 23, 2020, 08:02:11 PM
 #59

I am very very amused by these people, $2k by the end of second half and 700-900 by next year Cheesy lol, even if you combine all the greatest comedians in the whole world and tell them to write a joke it wouldn't be this funny.
These are not comedians but stupid fake economic analyst who missed out on bitcon and all they do is to voice their opinion to get some attention for their negative approach and predictions on bitcoin and calling these attention hungry whores as comedians is like showing disrespect to the real comedians  Grin.
There is no way we could reach those valuation but if the entire economic system crumbles then we might see that affect on bitcoin too like the rest of the financial sectors.


██████████████████████████████████████████████████████████████████████
████████▀▀▀        ▀▀█████████████████████████████████████████████████
██████▀    ▄▄▄▄▄▄▄▄    ███████████████████████████████████████████████
█████    ▄█████████▌   ▐█████▀  ▐███████████████▌  ▀██████████████████
████▌   ▐██████████    █████    ████████████████    ██████████████████
████▌   ▐█████████▄▄▄▄█████▌   ▐███████████████▌   ▐███▀▀█████████████
█████    ▀███████████████▀▀        ▄███████████    ██▀   ▐████████████
██████▄     ▀▀███████▀▀         ▄▄███▀▀▀▀█████▌   ▐▀   ▄███▀▀   ▀█████
█████████▄▄     ▀▀███▄  ▄▄    ████▀    ▄   ███       ▄███▀   ▄█  ▐████
█████████████▄▄     ▀████▌   ▐███▀   ███   ██▌      ████    ██▀  █████
██████▀▀   ▀█████▄    ███    ████   ███▌  ▐██    ▌  ▐██▌      ▄▄██████
█████    ▄████████    ▐██    ██▀▀   ██▀   ▐▀    ▐█   ██▌   ▀██▀▀  ████
████▌   ▐████████▀    ███▄     ▄▄▄     ▄    ▄   ▐██   ██▄      ▄▄█████
████▌   ███████▀    ▄███████████████████████████████▄  ▀▀██████▀▀ ████
█████    ▀▀▀▀     ▄█████████▀    ▀█▀    ▀█       ▀████▄▄         ▄████
██████▄▄    ▄▄▄▄████████████  █████  ██  █  █  █  ████████████████████
█████████████████████████  █▄    ▄█▄    ▄█  █  █  ████████████████████
██████████████████████████████████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀▐▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄█▀▀▀█████████▀▀▀█▄
▄█▀    ▄▀█████▀     ▀█▄
▄█▄    █        ▀▄   ███▄
▄████▀▀▀▀▄       ▄▀▀▀▀▀███▄
████      ▀▄▄▄▄▄▀       ███
███     ▄▄███████▄▄     ▄▀█
█  ▀▄ ▄▀ ▀███████▀ ▀▄ ▄▀  █
▀█   █     ▀███▀     ▀▄  █▀
▀█▄▄█▄      █        █▄█▀
▀█████▄ ▄▀▀ ▀▀▄▄ ▄▄███▀
▀█████        ████▀
▀▀█▄▄▄▄▄▄▄█▀▀
● OVER 1000 GAMES
● DAILY RACES AND BONUSES
● 24/7 LIVE SUPPORT
STT
Legendary
*
Online Online

Activity: 2744
Merit: 1248


Crypto Casino & Sportsbook


View Profile WWW
June 24, 2020, 01:22:05 AM
 #60

Neither scenario is totally impossible just improbable.   We all know the most likely continuation in every global market is the same as previous which is continual inflation and which results with higher prices.   Value behind that pricing is harder to track because we have no common reference, the dollar today is not the same one of ten years ago but lower pricing unless there is failure is unlikely.
  Situations where we go below a thousand which is beyond normal would probably involve national debt default, I consider that to be possible.  The largest trading nations of the world have governments which borrowed so much it would be better to reorganise and start over, thats the capitalist take but we have centralism.   Japan, USA or the central European union bank are all in a situation where they should stop QE and freeze debt, effectively they'd reset in some way like Greece did.   Thats not impossible, we just dont see it on the horizon yet but Germany has argued against ECB policy and as the largest exporter backing the Euro they could pull the plug if it were considered best stability.   Obviously that country has an opposition to hyper inflation for good reason, Japan is the furthest down that road.    It would be best for me to state a source article but I just wanted to say any price is possible if the ground moves but I also expect over 10k to become normal after some duration of 'normal QE'


██████████████████████████████████████████████████████████████████████
████████▀▀▀        ▀▀█████████████████████████████████████████████████
██████▀    ▄▄▄▄▄▄▄▄    ███████████████████████████████████████████████
█████    ▄█████████▌   ▐█████▀  ▐███████████████▌  ▀██████████████████
████▌   ▐██████████    █████    ████████████████    ██████████████████
████▌   ▐█████████▄▄▄▄█████▌   ▐███████████████▌   ▐███▀▀█████████████
█████    ▀███████████████▀▀        ▄███████████    ██▀   ▐████████████
██████▄     ▀▀███████▀▀         ▄▄███▀▀▀▀█████▌   ▐▀   ▄███▀▀   ▀█████
█████████▄▄     ▀▀███▄  ▄▄    ████▀    ▄   ███       ▄███▀   ▄█  ▐████
█████████████▄▄     ▀████▌   ▐███▀   ███   ██▌      ████    ██▀  █████
██████▀▀   ▀█████▄    ███    ████   ███▌  ▐██    ▌  ▐██▌      ▄▄██████
█████    ▄████████    ▐██    ██▀▀   ██▀   ▐▀    ▐█   ██▌   ▀██▀▀  ████
████▌   ▐████████▀    ███▄     ▄▄▄     ▄    ▄   ▐██   ██▄      ▄▄█████
████▌   ███████▀    ▄███████████████████████████████▄  ▀▀██████▀▀ ████
█████    ▀▀▀▀     ▄█████████▀    ▀█▀    ▀█       ▀████▄▄         ▄████
██████▄▄    ▄▄▄▄████████████  █████  ██  █  █  █  ████████████████████
█████████████████████████  █▄    ▄█▄    ▄█  █  █  ████████████████████
██████████████████████████████████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀▐▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄█▀▀▀█████████▀▀▀█▄
▄█▀    ▄▀█████▀     ▀█▄
▄█▄    █        ▀▄   ███▄
▄████▀▀▀▀▄       ▄▀▀▀▀▀███▄
████      ▀▄▄▄▄▄▀       ███
███     ▄▄███████▄▄     ▄▀█
█  ▀▄ ▄▀ ▀███████▀ ▀▄ ▄▀  █
▀█   █     ▀███▀     ▀▄  █▀
▀█▄▄█▄      █        █▄█▀
▀█████▄ ▄▀▀ ▀▀▄▄ ▄▄███▀
▀█████        ████▀
▀▀█▄▄▄▄▄▄▄█▀▀
● OVER 1000 GAMES
● DAILY RACES AND BONUSES
● 24/7 LIVE SUPPORT
Pages: « 1 2 [3] 4 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!