Quote from: Omega Weapon on November 14, 2017, 02:43:23 AM

Quote from: thinair on November 13, 2017, 10:01:14 AM

Bitcoin Must Crash - $7500 Is The Peak
https://bitcointalk.org/index.php?topic=2380173.0

12 Nov 06:00 - $5600
12 Nov 22:00 - $5680

The market tested the lows within 16 hr. The market is now at around $6350.

For those who are in profit, locking in the profit is safe.
For those who are not yet in bitcoin, at the least wait for a month.
Wait.

Those who talk about bitcoin going to $10,000 by Christmas is just fantasizing - from pure unadulterated greed.

It is pure greed believing bitcoin will go to $10,000 by year's end.

Why should bitcoin be worth $10,000? They believe in the talks by the propaganda about how bitcoin is the currency of the future...banks and governments cannot touch bitcoin and therefore there is no way it goes but UP...

All time is the correct time buying into bitcoin.

But they forget that bitcoin cannot be a currency, but only as a medium of speculation.

Bitcoin's only worth is as a medium of speculation for transfer of wealth from the bottom 95% to the top 5%.

I will not repeat my arguments as I have already explained in my other posts that bitcoin will never bring any real economic benefits to the world.

I would not mind if bitcoin went down in value since that will give me the chance to get cheap bitcoin however I disagree completely with the last part of your post, you think bitcoin is not going to bring any economic benefits to the world, a currency that can be used everywhere with no limitations and that cannot be confiscated, bitcoin is the best currency ever invented and if that is not going to bring economic benefits to the world then nothing will.

If all of us have the same idea how bitcoin works then yes it will bring big changes inside economic area of any countries if more people will push this system and let company adopt bitcoin transactions it will lessen and easy those transactions between each countries. I'm still in the good side of bitcoin future this test will just let the value to become stronger.