Quote from: bitcub on November 01, 2017, 11:12:33 PM

Warren Buffet is purely a chart believer. Apparently Bitcoin is already in a bubble appearance. It should be exploded at 3000. But due to huge buy others it is still pumping, and now at 6500.
10000 is possible. Lets hope for it.

Quote from: TechDirectory on November 01, 2017, 10:58:23 PM

This question was first asked by Bitcoin.com, but I think it will be good to through this open to all here;
Will Bitcoins rise continue after record-setting 2017?

"Bitcoins record-setting year is well-documented in the media. But with BTC pushing $6,500 price levels and $109.4 billion in market capitalization, whats in store for the worlds most popular cryptocurrency?

Famous investors Ray Dalio and Warren Buffett are warning of a bitcoin bubble. But other Wall Street analysts see bitcoin perhaps reaching $10,000 or even $25,000 by next year. BTC dipped to $3,200 in mid-September and has since rallied to over $6,500. Heavy trading (of nearly 300,000 daily transactions) can lead to volatility. But investors are also weary of fiat currencies that lose value over the long-term. As an asset, fiat money almost always devalues. And investors know that with Bitcoin and other cryptos, their money has a fighting chance to appreciate in value. Despite the naysayers, its possible that well see Bit[Suspicious link removed]ver $10,000 in early 2018." - Bitcoin.com

Do you think Bitcoin will go over $10,000 in early 2018?

I cant say anything about Warren Buffet as I havent really followed him or his opinion. However, I think studying charts, from a purely visual perspective, is not enough. Also, while history CAN be an indicator of the future, it is not always. Not to mention the fact that that Bitcoin is a new thing. I dont think we can apply the same analytics to Bitcoin that we have applied to stocks and mutual funds, at least not in a wholesale manner.