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    Crypto Predictions

    Water Closet
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    • computerchipC
      computerchip @IRJ
      last edited by

      @irj said in Crypto Predictions:

      @computerchip said in Crypto Predictions:

      Even if we have seen to floor (which is I believe it's close,) I don't think we will see 20k again until around October 2018 at the earliest.

      Honestly, I think bitcoin's days as market leader are numbered and we may never see $20k again on bitcoin, but the market will continue to grow overall. I am looking at litecoin to move into the top 3 next week. I htink by the end of the year, there may be an obvious gradual move of another coin to start gaining on bitcoin.

      I think BTC will be the leader for at least a few more years and I think it's peak will be over 100k easy, and possibly around a million per.

      IRJI 1 Reply Last reply Reply Quote 0
      • IRJI
        IRJ @computerchip
        last edited by

        @computerchip said in Crypto Predictions:

        @irj said in Crypto Predictions:

        @computerchip said in Crypto Predictions:

        Even if we have seen to floor (which is I believe it's close,) I don't think we will see 20k again until around October 2018 at the earliest.

        Honestly, I think bitcoin's days as market leader are numbered and we may never see $20k again on bitcoin, but the market will continue to grow overall. I am looking at litecoin to move into the top 3 next week. I htink by the end of the year, there may be an obvious gradual move of another coin to start gaining on bitcoin.

        I think BTC will be the leader for at least a few more years and I think it's peak will be over 100k easy, and possibly around a million per.

        @computerchip said in Crypto Predictions:

        @irj said in Crypto Predictions:

        @computerchip said in Crypto Predictions:

        Even if we have seen to floor (which is I believe it's close,) I don't think we will see 20k again until around October 2018 at the earliest.

        Honestly, I think bitcoin's days as market leader are numbered and we may never see $20k again on bitcoin, but the market will continue to grow overall. I am looking at litecoin to move into the top 3 next week. I htink by the end of the year, there may be an obvious gradual move of another coin to start gaining on bitcoin.

        I think BTC will be the leader for at least a few more years and I think it's peak will be over 100k easy, and possibly around a million per.

        Why though? What about btc is appealing vs other cryptos? I get that it's first and that alone gives it value, but it doesn't bring any utility with it like other cryptos do.

        computerchipC 1 Reply Last reply Reply Quote 0
        • computerchipC
          computerchip @IRJ
          last edited by

          @irj said in Crypto Predictions:

          @computerchip said in Crypto Predictions:

          @irj said in Crypto Predictions:

          @computerchip said in Crypto Predictions:

          Even if we have seen to floor (which is I believe it's close,) I don't think we will see 20k again until around October 2018 at the earliest.

          Honestly, I think bitcoin's days as market leader are numbered and we may never see $20k again on bitcoin, but the market will continue to grow overall. I am looking at litecoin to move into the top 3 next week. I htink by the end of the year, there may be an obvious gradual move of another coin to start gaining on bitcoin.

          I think BTC will be the leader for at least a few more years and I think it's peak will be over 100k easy, and possibly around a million per.

          @computerchip said in Crypto Predictions:

          @irj said in Crypto Predictions:

          @computerchip said in Crypto Predictions:

          Even if we have seen to floor (which is I believe it's close,) I don't think we will see 20k again until around October 2018 at the earliest.

          Honestly, I think bitcoin's days as market leader are numbered and we may never see $20k again on bitcoin, but the market will continue to grow overall. I am looking at litecoin to move into the top 3 next week. I htink by the end of the year, there may be an obvious gradual move of another coin to start gaining on bitcoin.

          I think BTC will be the leader for at least a few more years and I think it's peak will be over 100k easy, and possibly around a million per.

          Why though? What about btc is appealing vs other cryptos? I get that it's first and that alone gives it value, but it doesn't bring any utility with it like other cryptos do.

          It hasn't brought anything new since 2013 when I started getting into crypto, and all these other cryptos have. Hive mind and media will carry it for a few years on that alone. It will be quite a few more years before more than 1-5% of the population even understand the basics of crypto and the value (beyond their value) is.

          1 Reply Last reply Reply Quote 0
          • H
            Harry Lui @IRJ
            last edited by

            @irj said in Crypto Predictions:

            ponzi

            I think all Crypto currency are Ponzi Schemes.

            computerchipC 1 Reply Last reply Reply Quote 0
            • R3dPand4R
              R3dPand4
              last edited by

              No one really knows so I don't understand the point in speculating. It's literally plastered over every forum regarding Cryptocurrency that you should only invest what you're willing to lose 100% of and that holding long term, 5+ years, outweighs day trading gains for the average person. Sure it could go up today, it could also go down. Speculating day to day is pointless, and if you're in the Cryptocurrency space to make money just do your research, buy in, and wait 5 years. Watching Delta or coinlib every day is just going to stress you out.

              IRJI 1 Reply Last reply Reply Quote 1
              • IRJI
                IRJ @R3dPand4
                last edited by

                @r3dpand4 said in Crypto Predictions:

                you should only invest what you're willing to lose 100%

                That is the key right there!

                1 Reply Last reply Reply Quote 3
                • IRJI
                  IRJ
                  last edited by

                  I am at my highest crypto balance ever right now 🙂 I had invested about 75% of my crypto into litecoin.

                  1 Reply Last reply Reply Quote 1
                  • computerchipC
                    computerchip @Harry Lui
                    last edited by computerchip

                    @harry-lui said in Crypto Predictions:

                    @irj said in Crypto Predictions:

                    ponzi

                    I think all Crypto currency are Ponzi Schemes.

                    You are certainly entitled to your opinion.

                    @r3dpand4 said in Crypto Predictions:

                    No one really knows so I don't understand the point in speculating. It's literally plastered over every forum regarding Cryptocurrency that you should only invest what you're willing to lose 100% of and that holding long term, 5+ years, outweighs day trading gains for the average person. Sure it could go up today, it could also go down. Speculating day to day is pointless, and if you're in the Cryptocurrency space to make money just do your research, buy in, and wait 5 years. Watching Delta or coinlib every day is just going to stress you out.

                    No one really knows if it will rain tomorrow or not, but they speculate across the world every day.

                    You can look at a previous post here, where I speculated that BTC will be consistently above the 10k mark in 30 days. Looks like I am on track for that prediction.

                    momurdaM R3dPand4R 2 Replies Last reply Reply Quote 0
                    • momurdaM
                      momurda @computerchip
                      last edited by

                      @computerchip I dont know if it will rain tomorrow, but i do know Crypto currency has ZERO inherent value, and never will.

                      computerchipC scottalanmillerS 2 Replies Last reply Reply Quote 0
                      • computerchipC
                        computerchip @momurda
                        last edited by computerchip

                        @momurda You are not very educated on cryptos then. They have as much inherent value as gold or diamonds.

                        JaredBuschJ momurdaM 2 Replies Last reply Reply Quote 0
                        • JaredBuschJ
                          JaredBusch @computerchip
                          last edited by

                          @computerchip said in Crypto Predictions:

                          @momurda You are not very educated on cryptos then. They have as much inherent value as gold or diamonds.

                          Exactly. There is no inherent value in any currency except the value people place on it.

                          1 Reply Last reply Reply Quote 5
                          • KellyK
                            Kelly
                            last edited by

                            Interesting article on crypto currencies and the people making the most from them: https://www.forbes.com/sites/jeffkauflin/2018/02/07/cryptocurrency-richest-people-crypto-bitcoin-ether-xrp/#42745fa572d3.

                            1 Reply Last reply Reply Quote 0
                            • R3dPand4R
                              R3dPand4 @computerchip
                              last edited by

                              @computerchip "No one really knows if it will rain tomorrow or not, but they speculate across the world every day.

                              You can look at a previous post here, where I speculated that BTC will be consistently above the 10k mark in 30 days. Looks like I am on track for that prediction."

                              This is an inaccurate representation of yourself and every layman speculating on Cryptocurrency prices. Weather predictions are made by professionals based on scientific modeling stemming from peer reviewed research. Making random guesses spread over forums is in no way comparable.

                              computerchipC 1 Reply Last reply Reply Quote 0
                              • momurdaM
                                momurda @computerchip
                                last edited by momurda

                                @computerchip Im sorry but no. Not only do gold and diamonds have zero value as well as crypto, actual currency has value because governments say it does.
                                Cyrpto will never be given that status.
                                Crypto currency peddlers are like TOR users. Generally bad people doing gernerally bad things to other people. Sex traffickers, child porn peddlers, other people who want to do bad things with fake money anonymously.

                                computerchipC JaredBuschJ scottalanmillerS 3 Replies Last reply Reply Quote -1
                                • computerchipC
                                  computerchip @R3dPand4
                                  last edited by computerchip

                                  @r3dpand4 I sent my prediction to a peer who has also been in crypto for several years, he agrees with me. Now it's been peer reviewed. 😃

                                  R3dPand4R PenguinWranglerP 2 Replies Last reply Reply Quote 0
                                  • computerchipC
                                    computerchip @momurda
                                    last edited by

                                    @momurda said in Crypto Predictions:

                                    Crypto currency peddlers are like TOR users. Generally bad people doing gernerally bad things to other people. Sex traffickers, child porn peddlers, other people who want to do bad things with fake money anonymously.

                                    That is probably THE dumbest thing I have heard anyone say this month.

                                    1 Reply Last reply Reply Quote 2
                                    • JaredBuschJ
                                      JaredBusch @momurda
                                      last edited by

                                      @momurda said in Crypto Predictions:

                                      @computerchip Im sorry but no. Not only do gold and diamonds have zero value as well as crypto, actual currency has value because governments say it does.
                                      Cyrpto will never be given that status.
                                      Crypto currency peddlers are like TOR users. Generally bad people doing gernerally bad things to other people. Sex traffickers, child porn peddlers, other people who want to do bad things with fake money anonymously.

                                      Not even close.

                                      1 Reply Last reply Reply Quote 1
                                      • scottalanmillerS
                                        scottalanmiller @momurda
                                        last edited by

                                        @momurda said in Crypto Predictions:

                                        @computerchip Im sorry but no. Not only do gold and diamonds have zero value as well as crypto, actual currency has value because governments say it does.
                                        Cyrpto will never be given that status.
                                        Crypto currency peddlers are like TOR users. Generally bad people doing gernerally bad things to other people. Sex traffickers, child porn peddlers, other people who want to do bad things with fake money anonymously.

                                        Several governments have already done this. It's not just predicted that this will happen more and more, it's already happened.

                                        momurdaM 1 Reply Last reply Reply Quote 2
                                        • scottalanmillerS
                                          scottalanmiller @momurda
                                          last edited by

                                          @momurda said in Crypto Predictions:

                                          @computerchip I dont know if it will rain tomorrow, but i do know Crypto currency has ZERO inherent value, and never will.

                                          Other than things like food, nothing has inherent value.

                                          1 Reply Last reply Reply Quote 2
                                          • momurdaM
                                            momurda @scottalanmiller
                                            last edited by

                                            @scottalanmiller said in Crypto Predictions:

                                            @momurda said in Crypto Predictions:

                                            @computerchip Im sorry but no. Not only do gold and diamonds have zero value as well as crypto, actual currency has value because governments say it does.
                                            Cyrpto will never be given that status.
                                            Crypto currency peddlers are like TOR users. Generally bad people doing gernerally bad things to other people. Sex traffickers, child porn peddlers, other people who want to do bad things with fake money anonymously.

                                            Several governments have already done this. It's not just predicted that this will happen more and more, it's already happened.

                                            Which ones? the ones that host shady tax and banking laws for tax evaders in the US and around the world?
                                            The EU? Not likely.
                                            https://arstechnica.com/tech-policy/2018/02/european-bankers-scoff-at-bitcoin-for-its-risk-huge-energy-inefficiency/
                                            The US? The US is so corrupt from bottom to top at this point it wouldnt surprise me if the US becomes the only government to accept bitcoin, just so thievery by US leaders can be accomplished more easily.
                                            Russia? Yes probably, but they choose oppression and tyranny over and over again for the last 200 years, so yea.
                                            India? They cant even provide reliable water and electricity for the majority of their population. I am sure accepting bitcoin is high on their list of todos. Oh wait, no it isnt, it is officially banned.
                                            I could go on, but the reality is you can say whatever you want, your actions define you.
                                            Mining bitcoin is stupid as fuck and a huge waste of electricity, and supports the worst sort of criminals mostly.
                                            Not even started talking about how making fake money by running a math program on your computer is like... boasting about being a millionaire even though you inherited all the money from someone else without earning it, or becoming rich by being a 'day trader'.

                                            scottalanmillerS R3dPand4R computerchipC IRJI 6 Replies Last reply Reply Quote 1
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