Post
Topic
Board Speculation
Re: Take profits now!
by
iamnotback
on 15/04/2017, 16:00:29 UTC
Sell all crypto-currency to fiat IMMEDIATELY. BTC will dive -30%. Altcoins will decline even more. SegWit and scaling has been defeated on both Bitcoin and (at least near-term) also Litecoin. Also there are macroeconomics things going on which will also hit gold and every asset except USD. Store your money in USD or altcoin USDT (dollar peg) temporarily until this dip has concluded

hmm.
Current bitcoin price is $1175 on average today (April 15).
-30% dive means price going down to $822.5

now we wait...

It would have been interesting if you added some timeframe to this speculation. For example is the dive going to happen in next day, a week, a month, 2, a year, in 10 years from now?

Are you so sure about this -30% dive that is gonna happen, in your previous value the price is $1175, and as of now the price has slightly increase and now become $1182.69 I suppose if not the next day or two, but bitcoin keeps on moving forward and increasing it's value and if we speculated something like that are we so sure it's gonna happen? but well it is just a speculation that is why we are here!

Unless by "you" you mean iamnotback, I have to ask you to read again. Because I am not the one making this speculation.

The ~30% decline would be from the peak price of BTC in April, if it happens.