Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
billyjoeallen
on 17/02/2015, 19:52:55 UTC
So I have this small pile of cash and I'm afraid I may be a fiat bag holder. If you understand that every USD debt is effectively a short on the dollar, the market is saying that dollars are a shitty investment.

Ask me what I thought was a shitty investment on January 14,2015.

You sister's Certificate of Virginity?

How did you know? Have you....?

The base for the 2013 bubble was ~$100. It's looking more and more like the base for the great 2015 bubble will be ~$220 meaning the top will come in around $2,500-$4,000.   There's almost countless factors involved, so this is a very rough estimate, but waiting for a discount of more than 10% from here may well be futile.