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Deleted member 1333509
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No one cares about as close to you can get as statistical proof that the coming bull run is now forming?
When the price of BTC is $100K in 15 months, this will be a moment in time you'll probably wish you could come back to.. Now about 97% confident that things are going to go nuclear again in 2021.. (was 96% confident before reading this).
When the price of BTC is $100K in 15 months, this will be a moment in time you'll probably wish you could come back to.. Now about 97% confident that things are going to go nuclear again in 2021.. (was 96% confident before reading this).
- Jun 20, 2013
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Never trust such articles, you cant just predict the market. No matter how experienced you are.
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Deleted member 1333509
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True (re trusting articles in general) but this is a) CoinTelegraph which is about as legit an information source in the crypto space as you're going to get, and b) based on data.
The story is about blockchain data, not opinion. Also, not to be nit-picky, but you can predict the market.. not with 100% certainty, but with logic you can say things with a high degree of confidence.
In this case, I'd say something like there is almost certainly going to be a bull run that begins relatively soon and culminates at around December 2021 with the new ATL price of BTC reaching at least $50K (super conservatively and actually pretty illogically considering current = $20k) and up to above $100K possibly, and all other cryptos being pulled up in the market as well as a part of the bull run.
This is based on:
- the 4-yearly halving cycle which so far has accurately mapped to all major bull runs throughout the life of Bitcoin
- the stock-to-flow model for Bitcoin which has an accuracy of more than 99.7% over the lifespan of BTC, and predicts the price of BTC will be about 100K in Dec 2021
- the huge levels of interest from institutionals over the past few years and the implications of only a small fraction of mainstream financial cash flowing into the crypto market
- the technical analysis of Bitcoin recently
- the incidence of the DeFi hype, which mirrors to the kind of hype with ICO's in 2017 that was pivotal in the launch of the last bull run.
Many others too.. but when you take many factors into account it forms a picture where you can accurately begin to predict what's going on. Without a knowledge of any of this then it would for sure be impossible to predict what might happen in the not too distant future.
BentMo
Regular Member
- Aug 30, 2020
- 317
- 313
Jack Dorsey just bought almost 5k bitcoins...
I don't know chit about crypto, and I know all the ones writing about the bull run is because they have interest on writing this.
But there is a lot of indicators.. We can trust them, or not. However, I don't think investing in bitcoin will be a loss. In any case, you'll be profitable, so why not ?
alurosu
Elite Member
- Jun 16, 2020
- 2,188
- 1,662
There are more replies. Just click it and read on.
This tweet storm probably needs a thread of its own, but read through it. You'll maybe change your mind.
alurosu
Elite Member
- Jun 16, 2020
- 2,188
- 1,662
Good one ...
)
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Deleted member 1333509
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Pretty sure he originally said 500K for 2018 but then got it completely wrong and now is having a second go? McAfee is a funny guy but more of a sideshow act in my opinion.
alurosu
Elite Member
- Jun 16, 2020
- 2,188
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jasonforrest
Regular Member
- Jun 30, 2014
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SuperKingCheese
Junior Member
- Sep 17, 2019
- 140
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How can you be bullish on a stable coin? Lol
Therealdarkpegasus
BANNED
- Aug 3, 2020
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Speculations, speculations and all speculations.
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Deleted member 1333509
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I don't really get what the question is or why it's being asked tbh.
bullish on stablecoins? uhh.. I think they play an important role in the crypto-ecosystem, wouldn't say I'm "bullish" on them. They're just a valuable kind of technology imo
bullish on DeFi? It's hard not to be enthusiastic about DeFi right now, don't you think?
Like I said I don't really get how this question correlates with the topic of the thread.
It's literally the polar opposite of speculation. There is tangible data that whales are accumulating.
Sure. Make sure to tag me in this thread in 15 months so I can have a laugh at all the people who have been saying this for more than a year.
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Deleted member 1333509
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I probably won't mate, instead I'll just focus on making money and if I'm right then great - if not, believe me, I won't be losing any sleep
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Deleted member 464710
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lol, smbd believs in btc for 100k$?)