Post
Topic
Board Speculation
Re: 100 bitcoins. Will I be a millionaire by 2020?
by
Biodom
on 15/05/2015, 22:37:58 UTC

1200 peak never happened it was all fabricated ad hoc

people keep beating up on this too much
markets are supposed to be efficient...you cannot fake the market upwards for a long time if it "wants" to go down or will have to spend a lot of money trying.
Was there a bubble in AMZN in 2000? 2001-2002 said that it was, and Henry Blodget with his $400 (now $100) target was driven out of Morgan Stanley as a result, but 2015 clearly says that it WASN'T a bubble afterall. Time has a habit of fixing old misconceptions.
Check out this AMZN chart on max range:bubble-crash-steady rise.
http://finance.yahoo.com/echarts?s=AMZN+Interactive#symbol=AMZN;range=my