Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
r0ach
on 13/02/2016, 02:22:45 UTC
If anyone remembers my post in October, I went all in at $230 and posted a couple days later:

https://bitcointalk.org/index.php?topic=1200114.0

I was fully out at $44x.  Now I'm back all in at $375.


I believe Armstrong said gold would crater to lowest in Q1 2016, but I might be mistaken
and gold has bottomed then rose
so that might signal the end of the btc drop as well
meanwhile, Harvey Dent said gold would hit $700, hopefully he did not trade on his own advice
Faber says gold to "possibly" $2000 in 2016, so Bitcoin should do similar large gains as well
the fact that people in london are standing in lines in the street for gold seems like Harvey Dent commodity collapse is a tad off
both Bitcoin and gold are more of a currency than commodity anyway, so a deflationary collapse with
liquidity crisis doesn't just make them go down with other commodities
they can benefit from liquidity crunch just like the USD