Bitcoin Thread

Status
Not open for further replies.
saor said:
Ugh.
How about you stop acting like you're five and actually just give the reason for thinking it'll return to a previous value of $1000 instead of throwing circular logic all over the place. You're being engaged by people who are genuinely interested in the opinion of others and your answer is just 'because'.
Click to expand...
I have, it's ignored.
 
biometrics said:
I have, it's ignored.
Click to expand...
No you haven't.
You've just made an arbitrary prediciton without any reasoning to support it. People ask you for further explanation and you resort to exactly the kind of response you've just given me. Not sure what it is about bitcoin that causes you to be so infuriatingly annoying to interact with in this particular thread.
 
saor said:
No you haven't.
You've just made an arbitrary prediciton without any reasoning to support it. People ask you for further explanation and you resort to exactly the kind of response you've just given me. Not sure what it is about bitcoin that causes you to be so infuriatingly annoying to interact with in this particular thread.
Click to expand...

Also waiting for a reason, none so far.
 
biometrics said:
It's where it belongs. It will go back there. Any reason you feel it won't?
Click to expand...
No one out there can predict the future monetary base of BTC. It's very difficult to calculate the risk-adjusted rate of return in crypto, even more so if you're not a believer in the underlying tech.

How did you come to this conclusion? You sound very conservative skeptic or you're just sour you missed the first rush. You comments here make you sound like a troll.
 
saor said:
No you haven't.
You've just made an arbitrary prediciton without any reasoning to support it. People ask you for further explanation and you resort to exactly the kind of response you've just given me. Not sure what it is about bitcoin that causes you to be so infuriatingly annoying to interact with in this particular thread.
Click to expand...
For the umpteenth time:

It increased in price last year due to speculation. Then FOMO set in driving it even harder. The initial crash has caused a lot of people to lose money. These people won't come back. With no new money entering the system the price won't rise. Slowly but surely the price will drop as people abandon what they believed was a get rich quick scheme. It will settle to where it was before the bubble which is around $1,000.

Please pin this post so I don't have to repeat it.

My prediction, which is just that, a prediction, is that it will be at $1,000 in April.
 
biometrics said:
For the umpteenth time:

It increased in price last year due to speculation. Then FOMO set in driving it even harder. The initial crash has caused a lot of people to lose money. These people won't come back. With no new money entering the system the price won't rise. Slowly but surely the price will drop as people abandon what they believed was a get rich quick scheme. It will settle to where it was before the bubble which is around $1,000.

Please pin this post so I don't have to repeat it.

My prediction, which is just that, a prediction, is that it will be at $1,000 in April.
Click to expand...

Why not $750, or 1500?
 
Status
Not open for further replies.
Back
Top
Sign up to the MyBroadband newsletter
X