Long-term:
Short at 1163, STOP 1345, Target 200-400
Too expensive,
Short at 1163, STOP 1345, Target 200-400
Too expensive,
Holy cow , how in the hell do you come up with these target prices?!?!! out of your ... ? with china and india and America consuming & reserving gold more than ever, the price is only falling due to a stronger dollar and more positive returns from interest rates which gold is hedged against...
aditionally: I have realized in the sea and pool of the uneducated ... speculation from them are spawned from delusional analysis
compared to bitcoin. gold is shit. shit still has some energy value. so has gold. if you think the market is going to value a thing forever as as SOV, because it has 5000 years+ "traditional value" - i think you are the delusional one. markets might change faster than you think. especially, if trust is broken as to be seen in fiat AND gold. everyone i talk about (not older than 40) would rather take bitcoin in his portfolio, than gold.
markets are about future expectations.
AHAHAHAHAHHAHA Coming from a hyper-bull, 8up you are sincerely a joke!
Oh man you are a joke, after reviewing your previous post thinking bitcoin will hit 2000+ each OH MY GOD! ...
Side note: gold has many positive aspects to it that bitcoin has NOTHING against it ... gold has chemical , physical , and exceptionally rare properties that makes it valued as such...
please keep dreaming and I hope you keep getting hit by waves of market makers =] ... I'll be there to watch you struggle to keep a float ...
more hillarious quotes from this hyper bull 8up
Less than 24 hours until Bitcoin starts to rise again. Target 500-700.
Based on?
Speculation. https://en.wiktionary.org/wiki/speculation
1. The process of thinking or meditating on a subject.
https://vimeo.com/132790897
when you have read my posts. you could have seen, that i am short-term bullish, mid-term bearish and long-term bullish on bitcoin. on gold i am short-term bearish mid-term bullish and long-term bearish. a friendly reminder: never put all eggs in one basket. this holds for gold as well as for bitcoin. past performance.. you know
yes. gold has qualities. so have other precious metals (that do not work as SOV)!
There are many precious metals that /store value/.. like platinum , rhodium , palladium , silver ... etc etc
addition: You seem to be unknowledged in economics and commodities which is a very fatal flaw in the bitcoin community.
and to make it worse there are many hyper bulls , which is reminiscent of the dutch tulips and beanie baby and south sea company craze..
why is this a flaw? it is the reason we have you in this otherwise (not joking) unilateral community.
While that is true, I have an advantage (in terms of socio+economical standpoint)... and being a "unilateral community" where the belief is to praise and support bitcoin ,
there has to be a realistic approach or else it becomes a cult mentality and the fools to greater fools theory takes hold. And then you hear stories of people being scammed ...
Addition: It is relatively due to the general age(gen x and y) stand point of bitcoin adopters that fuels this aspect as well. its relatively young and oblivious youth that gets sunk into it.
I.e. Cypherdoc (hashfast scam of 40million USD) ... etc etc