Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
arklan
on 03/12/2017, 18:59:52 UTC
Wouldn't surprise me if BTC hits $25K within 36 days (early 2018) let alone 365.

A year maybe, a month? No Fucking way. And if it does, expect a correction. Talk about going vertical...

Why don't we speak in relative terms rather than absolutes?  Look at the 30-day percentage; it's usually 60+ percent.  In recent months, we've seen it close to 100%.  If it's going to $25k, it wont take a year.  At 10% average monthly increase, $25k comes in 8 months and that would be quite sad considering the current rates of adoption - almost a let down IMHO.




That's a very reasonable logic. I spent be shocked by 6 months, even. But I think 15k, 20k will prove barriers, psychologically and just from profit taking.

Mind you, I'm mining and trading penny by penny either way. Wish I had started doing so earlier...