Bitcoin's 10 trillion dollar valuation is fast approaching

We need to wait until your Uber drivers and cleansing ladies actually give Bitcoin tips. Now they’re asking for tips. From asking to giving, there could be a 10X or 5X or 3X.

I guess most people are not futures traders. They will still want to buy the coin itself. With the smart phone on their hands, Uber driver and cleaning lady can quickly turn into botcoin experts. Internet revolution is kicking start the Bitcoin fever

Correct, That is the main reason, I expect bitcoin to go $50k level.

When Crypto Currencies are valued around this level, the fall makes severe impact across the globe !

The worst part is that unknown masses, not only crypto currency speculators, will also get affected by domino effect.

Really… I doubt bitcoin can sustain at the 20k level for more than a few weeks…

Remember how real estate was between 2006-2007, it took almost 18-24 months to settle a craziness. IMO, This is the start, but not the end.

Daily we are hearing stories like this one posted.

Ok fine… since you insisted so much, I’ll lengthen my prediction of the impending crash by a month… So, back to January of next year, we’ll have a peak… :rofl:

All you need to is say the same, after one month “January of next year” ! We both are in sync !! :wink:

No… no chance of that happening at all… :rofl:

what is your expected fallen price of bitcoin in Jan 31, 2018?

50% from the peak. Down 90% until flatlining.

You tell me any time after Feb 10th, 2018 before Feb 28, 2018 that bitcoin is crashed at 90% level, I will put $10000 into bitcoin at that time :rofl:

1 Like

I will also put $10k into bitcoin at that time… :rofl::rofl:

Wait for the flatline to appear first though… :wink:

1 Like

:slight_smile:

I’ll put $100k :hugs:

Don’t think so… :laughing:

1 Like

It has fallen to 15k today. Better price than yesterday.

Bitcoin might be in a bubble but is not as risky as commodity trading. Commodity trading allows 1 for 100 leverage. You can lose your deposit with 1 limit down.

You are describing futures trading. We will have that for bitcoin in 2 days.

2 Likes

That is correct. Commodity trading is future trading, I have no storage for 1 ton of soya beans.
That probably mean nobody trade gold anymore.
Bitcoin to replace gold as the “inflation” or “trouble” hedge :rofl:
Somehow I feel bitcoin is not going to crash, just stabilize after awhile.

You don’t need a warehouse to store bitcoins though. It’s easy to store your billion dollar coins

Will stabilize after a 90% crash.