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    I really love what's happening to bitcoin right now - prediction

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    • T
      TheTribesman last edited by

      1. Prices down (it’s bargain time!)
      2. Press bashing returns (bringing prices down further)
      3. Governments lining up to shout at it (holding prices down)
      4. The ponzi scheme argument is rife again (keeping prices down)
      5. General attitude of ‘do we ACTUALLY know what we’re doing’ from investors taking root (breathing uncertainty into the market).

      All of this feels like the drawing back of a bow in terms of bitcoin price. All it takes is one major move in the new year and the bitcoin price is going to take off again, and this time there’ll be an almighty scramble as everyone realises that the horse has finally bolted. Financial houses and hedge funds will be falling over themselves to get in, VCs will be throwing money at anyone who even shouts ‘BITCOIN!’ on the street. Governments will rush to endorse it, fearing they’ll be losing out on the tax bounty. All other coins (yes, even the scamcoins amongst us) will be dragged up as everyone loses their minds in the ultimate bitcoin scramble. By the end of 2014 bitcoin is recognised as a financial tour de force and all detractors have finally disappeared.

      When the dust settles (early 2015) an amulet will be discovered deep in the amazon rainforest that shows that the entire episode was pre-ordained over 20,000 years ago by a lost tribe of wookies. The world gasps!

      Just a prediction.

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      • S
        sheepson Regular Member last edited by

        I think you are spot on with this prediction!

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          Pryderi Regular Member last edited by

          This has to be true!

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            msmits last edited by

            +1

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              LittleOrion last edited by

              The same things what i thought always xD it becomes kinda annoying

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