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Re: Crypto Blowing Up
 

I am predicting 20k by december and 30k by next june......for bitcoin...

Re: Crypto Blowing Up
 

Some analysts are predicting 20k within 2 weeks and 100k by next May - the halfing event.

Re: Crypto Blowing Up
 

What is that halfing event?

Re: Crypto Blowing Up
 

Has to do with the mining reward being cut in half - from 12.5 per block to 6.25 per block.
This means the supply of new bitcoins into the market is cut in half.
Less supply = higher price.

Re: Crypto Blowing Up
 

its hard for me to believe 100k within a year......honestly I think their are a lot of variables

we need extremely widespread adoption all over the world for bitcoin to hit 100k.........

I am taking a more conservative approach

Re: Crypto Blowing Up
 

if an ETF comes into play and is approved by the SEC - sky's the limit.

Re: Crypto Blowing Up
 

good luck with that.....their is so much wash trades on exchanges.........and illegal stuff going on still......

sec wants to see strong regulations on exchanges to prevent illegal activity.....

conservatively 10-20 years from now I believe bitcoin will be at 100k......

Re: Crypto Blowing Up
 

10-20 years? Im sorry but that's absurd... not the way things move these days.
guess we'll have to agree to disagree.
I always said this in the past - wait till 2025 and then tell me I was wrong. I have a feeling we wont have to wait that long.

Re: Crypto Blowing Up
 

the current and past results are not indicative of future performance.........

as you get higher up this ladder it will be increasingly difficult and complicated.....

Re: Crypto Blowing Up
 

also if you look at past performance,

bitcoin was created in 2008 and here we are in 2019........11 years later.......and it sits at 12.7k..........11 years later....and right now a lot of it is driven behind bullsh1t wash trades and illegal activity on exchanges.......

so that gives you a pretty good idea here......

if you were to remove all the illegal stuff on each exchange for all the ⊗⊗⊗⊗ trade volumes.....

bitcoin would probably only be worth somewhere between 4k to 7k........and thats how far its gotten in 11 years......

Re: Crypto Blowing Up
 

I agree
But 10-20 years?
think about what youre saying. Think what 10-20 years actually means. Bitcoin has only been around for 10 years and look at the way its come.

Re: Crypto Blowing Up
 

trying to be as realistic as possible..................

when something is too good to be true....it usually is.

Re: Crypto Blowing Up
 

Sorry but 10-20years In todays world is not very realistic.
But we're all allowed our own opinions. Ill hold to mine just as youll hold to yours.

Re: Crypto Blowing Up
 

If price targets get met sooner that's a good thing...... I Will have more money for lap dances at the strip club

I can think of all the creative things to do with my money like buying food and standing in front of a bunch of unfortunate kids eating my food in enjoyment while they are starving and watching me eat.

Maybe go to Africa and start my own army

Re: Crypto Blowing Up
 

Phew! Glad to have deposited yesterday when it was just $11K mark :D now it's hitting $13K nom nom :d

Re: Crypto Blowing Up
 

$2K profit is not bad for a day :d

Re: Crypto Blowing Up
 

4 hours later, no profit lol.

Re: Crypto Blowing Up
 

Hope you withdrew it, lol.

Re: Crypto Blowing Up
 

30-40% pull backs are the norm. Nothing new, just another day in BTC.

Re: Crypto Blowing Up
 

Coinbase crashed right when the price did - 13800 to 11600.

Re: Crypto Blowing Up
 

Noticed that too yesterday. I figured Coinbase going down for a few minutes had something to do with the price drop. Or maybe that was just the "correction" that's been coming every day this week at the close of business on the East cost. :noidea: :confused:

Re: Crypto Blowing Up
 

this is a correction......when all the cryptos fall its a correction...........and being up all night the price was dropping like crazy during night time when usa was asleep.....


all indications of a corrections.......