Ninjastic
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
TERA2
on 02/01/2018, 21:39:07 UTC
Quote from: ragnar0k on January 02, 2018, 09:36:31 PM
Quote from: Enjel on January 02, 2018, 09:29:28 PM
Quote from: TERA2 on January 02, 2018, 09:24:04 PM
Why is it that bitcoin, bitcoin cash, eth, and ripple are now all moving in the same direction. I thought they were antagonistic?

(1) They've been moving in the same direction this entire year, and longer.

(2) More money is flowing into the market; 670 billion is a tiny amount of money. It needs to be trillions before any major losses.

(3) There are multiple roles for coins - they need not directly compete.

Truth is, sometimes they are antagonistic, and sometimes they are not.

You still believe in $5500? How about $8000? Maybe it will happen, but first 20k at least.

Wait, I always have to correct you people here! Tera's target has been consistently increasing by the day. We must stick with his original target of "at least 3000, possibly less"
I must remind this, just in case Tongue
Correct I amended the short term 'flash crash' target higher as our high went up and 3K in a flash crash became unrealistic, deferring 3K to a possible bear market target.