Quote from: Dorkie on May 29, 2018, 02:23:26 AM

Bump for review.

Quote from: Dorkie on November 06, 2017, 10:52:32 AM

My "Most Insane Prediction" is based on a few thesis: 1) Be a total contrarian to general assumption and expectation, and 2) Be totally beyond commonly accepted reason and logic, and yet remain rational.

So here goes...

This is the "Insane" one:
2. This rally to USD10,000 will be Bitcoin's final rally.

That already was clear during the time of your post, and going to $15,000 was also expected. $20,000 was a surprise in my opinion.

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3. There will be no further rally to USD100,000, let alone USD1 mil, into the future.

In what time frame?

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4. After reaching the USD10,000 level, Bitcoin will revisit the 2013 price pattern event whereby the price will start to decline lower and lower for several years.

I agree with this sentiment, but it would not take several years. I believe the halving on 2020 will cause another climb to a new all time high.

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5. Many will think reaching USD100,000 is a possibility too in the future, and proceed to sell their houses and cars to get into Bitcoin, and suffer losses or missed opportunities.

Buy now while the price is under $10,000.

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6. The top Bitcoin elite owners (all the way back in 2009/2010) that constitutes the most concentrated top Bitcoin holdings, start selling/cashing out to the ultimate bag holders that are late into the game.

I believe most of them have already done it except for a few Bitcoin figures like Mircea Popescu, who will never sell. I could be mistaken.

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7. Bitcoin will fall from the top #1 position by end of 2018.

8. Ethereum will surpass Bitcoin to be the #1 in the same time period.

No, that will not happen. Haha.

But let's revisit this topic on December 31, 2018.