Quote from: nanoprobe on September 06, 2014, 01:05:04 PM

Quote from: Vlad2Vlad on September 06, 2014, 04:49:43 AM

Quote from: nanoprobe on September 05, 2014, 11:00:42 PM

Quote from: Vlad2Vlad on September 05, 2014, 05:26:29 AM

I think Hedge funds are already buying alts so this next rally will have legs.

I highlighted the key word in that sentence. Let's come back here in 6 months for a review. Wink

Last year I said I THINK Bitcoin will go over $1,000 and match gold within 12 months. I said I THINK the ETF is a done deal. And I THINK Wall Street is secretly buying Bitcoin and will go all-in next year (2014).

All of these things have happened just like I THOUGHT.

The thing about investments is that if you can't see ahead of the masses (the herd) there's no way to make any real money. That's why only insiders keep getting richer, massive wealth is transferred from those who don't know to those in the know [ZERO sum game]. I traded stocks for over 20 years and this was the hardest, most expensive lesson I ever learned: ALL markets are rigged [ALWAYS] but if you know their next move, which takes great understanding and predictive power, you can prepare like them and make a killing when the herd moves in [too late].

I am more certain about $10,000 by the latest next Q1-Q2, than I was about Bitcoin going over $1,000. There was hardly any visibility last year while now it's much more clear.

I tell you guys this [cause just like last year] people will sell way too early because they don't understand what's in-play and where Bitcoin is headed.

So be smart once that ETF license goes green and hold on to your BTC and alts - it's gonna get crazy, much crazier than last November.

Cheers!

Check the year for your all in by Wall street prediction. I'm assuming you meant 2015 because it hasn't happened this year. I'm very well versed on how the markets work these days. I've been doing this for a very long time. That's why I quit trading them in 2006 after more than 40 years. I started mining BTC in 2009 and LTC in 2012 so I did well there. As many have said the alt markets are in the wild west stage. A few will survive, most won't IMHO. I have positions in several that I think will do well. If they don't then it doesn't really matter to me. All I have invested in them is the electricity it took to mine them. Like I said before, let's revisit this in 6 months or so. Your predictions could be spot but the US govt has already declared cryptos as a taxable commodity which will definitely be a hindrance and the fundamentals do not support you ATM.

Cheers.

Although, I think it is unlikely, I like your optimism!

Would not be surprised if BTC takes another value jump in December and I think altcoins will exponentially grow with that. I'll get myself some extra HVC.