Crypto Predictions
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@coliver said in Crypto Predictions:
I don't know. I wonder if gains will be people reacting to the stock market "crash" from yesterday?
something is going to happen. It's gonna bounce really hard one way or another.
Banks are shaking in their boots right now. Blocking all crypto credit transactions saying it is currency, but at the same time saying it fails to meet currency and is a ponzi scheme. Their reasoning is so stupid too. They say they are trying to protect people, but banks make their money from people that are in debt. They want you to make that minimum payment and pay off virtually no principle. They are all for you buying a $2k TV that devalues to $800 in 2 months, but they are against you purchasing something that has a chance to actually gain.
https://www.coindesk.com/bis-chief-slams-bitcoin-as-ponzi-scheme-and-threat-to-central-banks/
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@irj said in Crypto Predictions:
@coliver said in Crypto Predictions:
I don't know. I wonder if gains will be people reacting to the stock market "crash" from yesterday?
something is going to happen. It's gonna bounce really hard one way or another.
Banks are shaking in their boots right now. Blocking all crypto credit transactions saying it is currency, but at the same time saying it fails to meet currency and is a ponzi scheme. Their reasoning is so stupid too. They say they are trying to protect people, but banks make their money from people that are in debt. They want you to make that minimum payment and pay off virtually no principle. They are all for you buying a $2k TV that devalues to $800 in 2 months, but they are against you purchasing something that has a chance to actually gain.
https://www.coindesk.com/bis-chief-slams-bitcoin-as-ponzi-scheme-and-threat-to-central-banks/
Look at the banker in that picture? Doesn't he look like a fat POS banker that would lie right your face?
I can get away with calling him fat since I am 350lbs and I am fat.
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Even if we have seen to floor (which is I believe it's close,) I don't think we will see 20k again until around October 2018 at the earliest.
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@computerchip said in Crypto Predictions:
Even if we have seen to floor (which is I believe it's close,) I don't think we will see 20k again until around October 2018 at the earliest.
I'm expecting it to follow the same pattern it did this year... November and December will see higher trading prices, and then at the beginning of 2019, it'll have a similar fall.
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@computerchip said in Crypto Predictions:
Even if we have seen to floor (which is I believe it's close,) I don't think we will see 20k again until around October 2018 at the earliest.
I am not looking for $20k. I am looking for $8-10k.
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@computerchip said in Crypto Predictions:
Even if we have seen to floor (which is I believe it's close,) I don't think we will see 20k again until around October 2018 at the earliest.
Honestly, I think bitcoin's days as market leader are numbered and we may never see $20k again on bitcoin, but the market will continue to grow overall. I am looking at litecoin to move into the top 3 next week. I htink by the end of the year, there may be an obvious gradual move of another coin to start gaining on bitcoin.
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@irj said in Crypto Predictions:
@computerchip said in Crypto Predictions:
Even if we have seen to floor (which is I believe it's close,) I don't think we will see 20k again until around October 2018 at the earliest.
I am not looking for $20k. I am looking for $8-10k.
I think consistently over 10k is at least 30 days away, but I am no expert, just going on the limited experience I have had with it since 2013.
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@irj said in Crypto Predictions:
@computerchip said in Crypto Predictions:
Even if we have seen to floor (which is I believe it's close,) I don't think we will see 20k again until around October 2018 at the earliest.
Honestly, I think bitcoin's days as market leader are numbered and we may never see $20k again on bitcoin, but the market will continue to grow overall. I am looking at litecoin to move into the top 3 next week. I htink by the end of the year, there may be an obvious gradual move of another coin to start gaining on bitcoin.
I think BTC will be the leader for at least a few more years and I think it's peak will be over 100k easy, and possibly around a million per.
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@computerchip said in Crypto Predictions:
@irj said in Crypto Predictions:
@computerchip said in Crypto Predictions:
Even if we have seen to floor (which is I believe it's close,) I don't think we will see 20k again until around October 2018 at the earliest.
Honestly, I think bitcoin's days as market leader are numbered and we may never see $20k again on bitcoin, but the market will continue to grow overall. I am looking at litecoin to move into the top 3 next week. I htink by the end of the year, there may be an obvious gradual move of another coin to start gaining on bitcoin.
I think BTC will be the leader for at least a few more years and I think it's peak will be over 100k easy, and possibly around a million per.
@computerchip said in Crypto Predictions:
@irj said in Crypto Predictions:
@computerchip said in Crypto Predictions:
Even if we have seen to floor (which is I believe it's close,) I don't think we will see 20k again until around October 2018 at the earliest.
Honestly, I think bitcoin's days as market leader are numbered and we may never see $20k again on bitcoin, but the market will continue to grow overall. I am looking at litecoin to move into the top 3 next week. I htink by the end of the year, there may be an obvious gradual move of another coin to start gaining on bitcoin.
I think BTC will be the leader for at least a few more years and I think it's peak will be over 100k easy, and possibly around a million per.
Why though? What about btc is appealing vs other cryptos? I get that it's first and that alone gives it value, but it doesn't bring any utility with it like other cryptos do.
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@irj said in Crypto Predictions:
@computerchip said in Crypto Predictions:
@irj said in Crypto Predictions:
@computerchip said in Crypto Predictions:
Even if we have seen to floor (which is I believe it's close,) I don't think we will see 20k again until around October 2018 at the earliest.
Honestly, I think bitcoin's days as market leader are numbered and we may never see $20k again on bitcoin, but the market will continue to grow overall. I am looking at litecoin to move into the top 3 next week. I htink by the end of the year, there may be an obvious gradual move of another coin to start gaining on bitcoin.
I think BTC will be the leader for at least a few more years and I think it's peak will be over 100k easy, and possibly around a million per.
@computerchip said in Crypto Predictions:
@irj said in Crypto Predictions:
@computerchip said in Crypto Predictions:
Even if we have seen to floor (which is I believe it's close,) I don't think we will see 20k again until around October 2018 at the earliest.
Honestly, I think bitcoin's days as market leader are numbered and we may never see $20k again on bitcoin, but the market will continue to grow overall. I am looking at litecoin to move into the top 3 next week. I htink by the end of the year, there may be an obvious gradual move of another coin to start gaining on bitcoin.
I think BTC will be the leader for at least a few more years and I think it's peak will be over 100k easy, and possibly around a million per.
Why though? What about btc is appealing vs other cryptos? I get that it's first and that alone gives it value, but it doesn't bring any utility with it like other cryptos do.
It hasn't brought anything new since 2013 when I started getting into crypto, and all these other cryptos have. Hive mind and media will carry it for a few years on that alone. It will be quite a few more years before more than 1-5% of the population even understand the basics of crypto and the value (beyond their value) is.
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No one really knows so I don't understand the point in speculating. It's literally plastered over every forum regarding Cryptocurrency that you should only invest what you're willing to lose 100% of and that holding long term, 5+ years, outweighs day trading gains for the average person. Sure it could go up today, it could also go down. Speculating day to day is pointless, and if you're in the Cryptocurrency space to make money just do your research, buy in, and wait 5 years. Watching Delta or coinlib every day is just going to stress you out.
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@r3dpand4 said in Crypto Predictions:
you should only invest what you're willing to lose 100%
That is the key right there!
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I am at my highest crypto balance ever right now
I had invested about 75% of my crypto into litecoin. -
@harry-lui said in Crypto Predictions:
@irj said in Crypto Predictions:
ponzi
I think all Crypto currency are Ponzi Schemes.
You are certainly entitled to your opinion.
@r3dpand4 said in Crypto Predictions:
No one really knows so I don't understand the point in speculating. It's literally plastered over every forum regarding Cryptocurrency that you should only invest what you're willing to lose 100% of and that holding long term, 5+ years, outweighs day trading gains for the average person. Sure it could go up today, it could also go down. Speculating day to day is pointless, and if you're in the Cryptocurrency space to make money just do your research, buy in, and wait 5 years. Watching Delta or coinlib every day is just going to stress you out.
No one really knows if it will rain tomorrow or not, but they speculate across the world every day.
You can look at a previous post here, where I speculated that BTC will be consistently above the 10k mark in 30 days. Looks like I am on track for that prediction.
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@computerchip I dont know if it will rain tomorrow, but i do know Crypto currency has ZERO inherent value, and never will.
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@momurda You are not very educated on cryptos then. They have as much inherent value as gold or diamonds.
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@computerchip said in Crypto Predictions:
@momurda You are not very educated on cryptos then. They have as much inherent value as gold or diamonds.
Exactly. There is no inherent value in any currency except the value people place on it.
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Interesting article on crypto currencies and the people making the most from them: https://www.forbes.com/sites/jeffkauflin/2018/02/07/cryptocurrency-richest-people-crypto-bitcoin-ether-xrp/#42745fa572d3.
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@computerchip "No one really knows if it will rain tomorrow or not, but they speculate across the world every day.
You can look at a previous post here, where I speculated that BTC will be consistently above the 10k mark in 30 days. Looks like I am on track for that prediction."
This is an inaccurate representation of yourself and every layman speculating on Cryptocurrency prices. Weather predictions are made by professionals based on scientific modeling stemming from peer reviewed research. Making random guesses spread over forums is in no way comparable.
