Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 12/06/2018, 10:24:21 UTC
Theymos says 3 grand. I'm betting on 3 grand. Sad but true.

$3k is not impossible, but that was not my prediction. I think that:
 - The most recent crash was artificial, driven by very few whales.
 - The market has wanted badly to stabilize for a while, but keeps choosing what turns out to be a too-high price.

So I predict that the price will rise somewhat, maybe a bit above 7k, and then it will either stabilize (in BTC terms...) or *slowly* continue a downward trend. I feel that we are not too far from a sustainable longer-term price: I'd guess 5500 at the lowest. IMO 3k *could* be reached by widespread panic selling, and 1k could be reached if some shit *really* hits the fan, but I consider neither likely.

Thank you for the clarification.
(I'm still betting 3 grand.  Undecided)

You party poop!!!  

When is the $3k coming?  In the next few months?  This calendar year?  Before the end of 2019 or some other approximate timeframe?  

In order to prepare for what you believe is likely to happen (which you should do, right?), did you sell all or part of your coins at a profit?  just break even? or some other calamity?