Quote from: Dark_Element on July 11, 2017, 07:36:46 PM

Quote from: chip1994 on July 11, 2017, 03:27:39 PM

Quote from: Dark_Element on July 11, 2017, 08:21:57 AM

My magic predictions:

(USD)
BTC = $1600
DASH = $85
ZEC = $65
ETH = $115
XMR = $8

But why?!?!?!?

Top ten theories:

1. AMD and Nvidia created altcoins to sell GPU's.... and they're fresh out.
2. The CIA is finished laundering their money for the year
3. Russia hacked all the coins
4. The Bitcoin ruling counsel is stabbing each other with forks
5. Dennis Gartman thought Coins looked like a buy
6. The Trump-Coin ICO is diverting all the money away from other coins
7. Stephen Hawking thinks coins will destroy the earth
8. Global Warming is caused by hot coins melting the polar ice caps
9. Central bankers couldn't figure out how to print Debt-Coins and sell them to governments everywhere
10. Without Dave Letterman, a good "top ten reasons to buy Altcoins" doesn't air on TV and people forget all about altcoins.

-DE

WTF!!! XMR drop down to $8 Huh

Are you kidding me? I not find a reason can make that, if you say drop down to 0.01 BTC I can accept with this price because the market at now are bearish and if BTC falldown to $1600, this price for XMR very normal.
An altcoin for UG and bussiness as XMR can't drop down to $8, don't create panic for user XMR

Whatever it takes to get real panic... and this "crash" wasn't it. Not even close. Look at all the people saying "buy it low, it's going back up".... those hopes and dreams have to be crushed..... AND the miners have to get out too, the only way is to make mining unprofitable at all.
All that has to happen before the moonshot (IMO).

Been trading stocks for a long time, that's how the game is played. Whatever you think the low is, it's not.
Accept it, and laugh at it.

Real Theory: People are commenting about a head and shoulders pattern various crypto's (and yes it's valid). Very easy..... break the neckline and that'll scare people to death (and it should).... clears the way to a $1250 target.... people panic as it passes $1800 to the downside..... THEN you have the real panic as the last bag-holders give up when it passes $1600 on the "sure" drop to $1250..... you get your flash crash, people pat themselves on the back for being so smart... and then it shoots up, letting people chase.
That's how it's done.
And what about altcoins? Look how they're performing now with BTC barely moving? Imagine a move like this on BTC, what do you think XMR will look like? To me it's $8

-DE

finally a realistic prediction Cheesy