Quote from: webdevmastery on July 11, 2018, 11:34:20 AM

Quote from: Predict0r on July 06, 2018, 08:27:14 PM

By the most logical thinking:

There's strong evidence that the late 2017 spike in Bitcoin value was due to manipulation via Tether.

IF that is so, then that entire episode actually means nothing, and...

Bitcoin etc values will decay back to their historical levels prior to pump & dump.

This will be slow because interim buyers won't want to take the losses.

Look at BC charts for the past 6 months. It's very easy to imagine the average value continuing to decay down to $400 in 12-18 months. And that's what makes sense - at least, more sense than anything else.

A few brilliant traders will make money getting in and out during the decline, but all the other players here are just rearranging deck chairs on the Titanic. The only "charting" you need is the big picture here:

https://imgur.com/a/QTYOQyL

Unfortunately, there seems to be no reliable way to buy a put on BC for that time-frame, or I would.

In my own opinion, no matter how the market drop its prices, cryptocurrnecy will still be able to recover because there are still a lot of people who are interested on investing.

Absolutely right, bitcoin future is very bright and it will be the mainstream in the future. It will take over the market. Thousands of people have made and are making huge profits from bitcoin. It is bubble, it will crash, it will disappear from the market and so and so but the fact is that bitcoin will stay forever and will the regular currency for the entire world.