Where do you think it can go from here brahs, is it going to really keep spiking up or is it going to crash? Pretty interesting looking at it over a multi-year span to see how much of a spike this looks like
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11-27-2017, 07:04 PM #1
Is bitcoin on its way to a big crash?
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11-27-2017, 07:06 PM #2
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11-27-2017, 07:09 PM #3
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11-27-2017, 07:09 PM #4
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11-27-2017, 07:10 PM #5
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11-27-2017, 07:12 PM #6
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11-27-2017, 07:12 PM #7
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11-27-2017, 07:20 PM #8
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11-27-2017, 07:24 PM #9
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11-27-2017, 07:24 PM #10
I don't think we'd ever see it crashing again to the $100s like we did see in 2013-14. The difference then and now is that we are seeing the start of mass adoption. Crypto is no longer seen as just for Internet geeks, when we see big corporate firms like Deloitte and Microsoft looking into blockchain. We will see this spike correcting like any other market, but IMO as crypto enters the mainstream lexicon we willl continue to see Bitcoin and the other big name coins rocket over time another ten or hundred fold.
Obviously we won't see the hundreds of alternative coins survive. That's why those are the pump n dumps you want to make quick cash from.---
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11-27-2017, 07:27 PM #11
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11-27-2017, 07:42 PM #12
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11-27-2017, 07:51 PM #13
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11-27-2017, 08:41 PM #14
It seems to always do the opposite of what it's "supposed" to do. It's so random and unpredictable. And keep in mind it will keep going higher and higher as it gets more and more mainstream
So is it just getting more mainstream? Or is it whales pumping it up to dump on us? We'll find out after it happens
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11-27-2017, 08:48 PM #15
After applying fibonacci levels, then drawing out a gann fann combined with a pitchfork indicator meshed in with a linear regression table, then gauging the relative strength index based on how fast each section of a OHLC chart moved through the eliot wave cycles without a retracement, the inference of projected sustainability coinciding with the state of fundamentals in the open market, I have to say that nobody knows chit about where this is going, ESPECIALLY those who claim they do.
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11-27-2017, 08:48 PM #16
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11-27-2017, 08:51 PM #17
No
It's just now being adopted as a mainstream means of investing/diversifying. Any wise investor will have money in cryptocurrency and bitcoin is here to stay
It may dip soon but over the long haul it's only going to increase in value until it becomes more regulated. Even once it becomes further regulated it would be worth holding
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11-27-2017, 08:51 PM #18
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11-27-2017, 08:53 PM #19
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11-27-2017, 08:57 PM #20
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11-27-2017, 09:01 PM #21
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11-27-2017, 09:08 PM #22
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11-27-2017, 09:11 PM #23
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11-27-2017, 09:12 PM #24
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11-27-2017, 09:31 PM #25
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It is a speculative instrument. As long as people believe it is worth something it will be...
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11-27-2017, 10:51 PM #26
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11-27-2017, 10:58 PM #27
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11-27-2017, 11:08 PM #28
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11-27-2017, 11:11 PM #29
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11-27-2017, 11:20 PM #30
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