top | item 15877914

(no title)

chucknelson | 8 years ago

This is insane - is there any "expert" speculation out there on when this will all collapse? Before or after the new year...?

discuss

order

bufferoverflow|8 years ago

If someone gives you an exact date, how would you know if they are telling the truth? Nobody knows the future.

It can all collapse to $1K in a month or keep going to $50K. And if someone actually knew, they would stand to make huge money and would keep their mouth shut.

lawlessone|8 years ago

if we all knew that everyone would pull out earlier and it would collapse sooner.

tim333|8 years ago

You can sort of estimate it. It comes down to cash flow - if people are trying to invest more cash into bitcoin than they are taking out it'll go up. When people are trying to cash out more than is going in it will fall. At the moment there are a huge number of people seeing the headlines and thinking I should get in on this who have not yet so there's a while to go. The closet to this I can recall was the dot com bubble and I'd say this feels like 98 or 99 so I'd give it a year or two. BTC $100k here we come!

aqsheehy|8 years ago

When information enters the market that would justify a decrease

Joeboy|8 years ago

Me, I'm an expert. It'll be around 2pm EST, January 9th 2018.

kungpoo|8 years ago

Rule #1 of cryptocurrencies, trust nobody.

askz|8 years ago

And this works with traditional currencies as well :)

lukasm|8 years ago

that's rule number 3.

1. HODL 2. BUY DIP

akerro|8 years ago

>on when this will all collapse?

2 hours ago