Ross Ulbritch (certified oldfag) predicts 3k, then 100k+.
As another oldfag, this is line with my thesis: That we still have way too hopium. A 3k post halving would be brutal and liquidate the remaining non-hodlers of last resort as well as kill altcoins, so the next rise would mean 80%+ BTC dominance, in other words a healthy rise. The fear of "if BTC goes below X after halving its dead" would also go away because it will survive, but somehow retards think "BTC stops being profitable below X price". The triple monster resistance at around 8k area will be the begining of the last capitulation. Once Bitcoin is dead articles start popping and everyone is frustrated, you go all in.
As another oldfag I unironically hope you are right. I want this space cleansed and normies to be washed out. There is just no good alt projects in the space except for stuff like NYZO and CKB. Unfortunately, I think you are wrong and we are about to go into another major bubble. I hope you are right because I have a huge cash position and I would do anything to buy sub 5k BTC, it's just not going to happen and I'm not delusional to think it will.
Carson Cruz
As a newfag who was underage when bitcoin was created I frankly don't care if you're right or wrong never selling
So you are going to all in now? If you really think that Bitcoin is about to break the triple monster resistance, you should be buying soon.
However, I think that's whats actually delusional. Halving hype is propelled by average joes mostly, and there's not enough money. I doubt rich people are going to buy now, they can afford waiting and buying at a margin after breaking out or just waiting for the correction.
Gabriel Lewis
>also Ulbritch is kind of a fag kill yourself you piece of shit He made Bitcoin famous
Dominic Ortiz
>Ross Ulbritch (certified oldfag) predicts 3k, then 100k+. Huh? He is in Prison for mastermidning the Silk Road
Alexander Wright
>NOOOO NOT THE HECKIN ROSSERINOOO NOOOOOOOOOOOOOOOO
>he has no agendas, and has been there for many halvings. Oh ok so everyone who lived through 2000 and 2008 are experts in recessions and can predict when how and how hard they'll hit? Just because he could look at charts when something happened doesn't give him any credibility
as a matter of fact I don't think anyone alive (or dead) can predict what bitfuck is gonna do next
Jackson Cook
Kill yourself you son of a whore, seriously Fucking retarded zoomer dipshit, thinks again he knows everything
William Allen
8k>3k>100k
Logan Brooks
>Fucking retarded zoomer dipshit, thinks again he knows everything I don't know everything but I know that you, me, Ulbitch, and OP, don't know shit
keep being deluded though
Joseph Wood
>but I know that you, me, Ulbitch, and OP, don't know shit I agree
Thomas Flores
not entirely true. I'm willing to bet he has some btc stashed in a cold wallet somewhere. if btc can moon he could get his family to cash out the btc and buy a really good appeal lawyer to maybe get some time knocked off.
Christian Powell
LOL at losers wanting a dump because they were too scared to buy at 4K one month ago
Of course we will go down again but you are just fucking losers
Josiah Stewart
except we already had the washout collapse to 3.8k. We're now gonna grind higher before this thing breaks out to 10-14k
Nolan James
I would not be surprised if we triple bottom again in the 3-4k range. If it does I will buy more. The resistance at 8k worries me, the stock market bounce reversing and plummeting again taking bitcoin down with it worries me too. But I am not selling. Markets are incredibly irrational right now. Look at the stock market. And we are in uncharted territory with the fed doubling the money supply in a month. I am not taking any chances because I would be terrified to be all cash right now.
Isaiah Stewart
>implying 3k has any power left to scare
If you want fear, you need low 2k.
Julian Bennett
>I'm willing to bet he has some btc stashed in a cold wallet somewhere. They'll have to prove that the BTC was acquired legitimately, if all of his BTC was silkroad profits and none from mining I think it'll just get confiscated
Aiden Sanchez
My dude WE ARE IN THE GOLDEN BULLRUN you're just traumatized.
Joshua Ramirez
I hope it drops to $3k because LINK will survive that drop while all the other shitcoins will get dumped another 99%. Then LINK rises to top 3 within a month after Bitcoin's drop to $3k.
Julian Martin
1) His BTC is from selling drugs in silkroad. He cant use it to pay lawyers. 2) He can't buy, so why would he need this final capitulation for.
Joshua Myers
yep. its fucking ridiculous. this guy is drawing TA in prison and sending his mom his 'expert oldfag' opinions so that she can post them on twitter..... and retards are taking this shit seriously? the guy has been in prison for most of the time BTC has been around, like he fucking knows whats going on with BTC. jfc
Nolan Fisher
>Once Bitcoin is dead articles start popping and everyone is frustrated, you go all in.
Based
Daniel Flores
mandela effect
Parker Torres
Ross was arrested in 2013. BTC was barely a thing in 2013. it was a very different game anyway. (yes, I remember it.) whatever this guy thinks he knows about the ecosystem in 2020, he's wrong.
Noah Evans
Yup its a bubble
Zachary Price
I feel people are too focused on shot term. There are no real LT bears. Just short term bears, that want to buy cheaper, before the bull. Prediction are 8 > 100 or 8 > 3/4/5 > 100 If it is going to 100K, then any price around now is good. People are too fucking greedy trying to buy the bottom. And with all these people in Cash. Highest amounts of USDT on the sideline. THere is going to be a moment, where a lot of people are going to be left standing. There is not enough BTC for all people that want.
And if we are not sure what short term price movement is, then ladder in, or DCA.
Austin Foster
We all know it’s going to do what we don’t expect it to do. I honestly think a bull run would be less expected now than a dump, thus the oracle says this is not a fake out. Hold the line boys
Adrian Richardson
People should realize that even though we are in hardcore fear sentiment, BTC has rebounded 100%. Thats insane. Imagine the sentiment goes to normal, then positive, then FOMO.
For sure it might go lower ST. But there might also be a lot of short who are starting to feel very sweaty.
I’m long term bearish on BTC because mining rewards will go to 0 over time. The only thing that can save BTC as a secure blockchain is if the price goes up forever.
I’m happy to sit in cash and wait to buy up ETH and LINK at sub $100 and $2 respectively.
BTC is entering its first true bear market. This shit is just a risk asset right now. Provides no benefit in a deflationary environment.