1. Bitcoin isn't valued based on its application and utility. Its price is a reflection of popularity and dumb money. That will cause it to trend downward until its floor is discovered or its purpose as a store of value and blockchain capabilities is realized. Whichever is sooner. The floor could be 2 grand. If all the scrum bag investors and speculators and holiday bonus money went away it would plumet to a thousand dollars.

  2. Dear man. The BIG speculators have first to close their SHORT positions. They push first the rate to 7.000 and will go long to 9.500, because 10.000 will be difficult to take.
    Bitcoin is fallen in the hands of the big speculators. They can combined make profits of more than 100% by taking LONG positions and later turn with leverage into SHORT.
    They are playing and manipulating many "small" speculators.
    Now the position is SHORT and they will push next week the rate of bitcoin to their targeted rate and take LONG positions.
    George Soros Office can make 500 million US$ in 4 weeks (100% plus profit).
    Use the social media to influence the many believers in cryptocurrency!
    No regulations. Everything is ALLOWED!

  3. So far you ve missed the last 4 predictions by a mile. Bitcoin is very bearish right now, just apply some basic TA. Spot price is below both long term and short term averages and its currently forming another bear flag.

  4. Dude I love this channel but you are dead wrong and way to bullish on btc …the past 3 years going into concensus we was already in a bullish trend this year we are in a bearish trend and I truly highly dought that Bitcoin is even going go up much at all this time …. But alls we can do is wait and see I just think your hopes are way way way too high ..I don't see bitcoin hitting 10k in 2018 again at all …and I been in this space since 2012 I'm not a newbie I know this market watch and see

  5. Looking at BTC's price over the last 3 years, Consensus had zero impact on the price of Bitcoin. The last 2 events were held when BTC was already in a bull market – Consensus simply rode the wave up. I hope what you say is going to eventuate.

  6. Nobel Prize-winning Economist, Milton Friedman, 1999: "I think that the internet is going to be one of the major forces for reducing the role of the gov't. The one thing that's missing, but that will soon be developed, is a reliable 'E-Cash'. A method whereby, on the internet, you can transfer funds from A to B, without A knowing B or B knowing A". What a brilliant mind. This is the 20-30 y/o's chance (but really anyone's chance) to do what their parents and grandparents and great great great grandparents couldn't accomplish. OF THE PEOPLE, BY THE PEOPLE, FOR THE PEOPLE. We can change the monetary system in our lifetime. Gold, Silver, BTC, and LTC forever. I'm of the generation who graduated HS when the 07-09' recession hit. Going to college with 6 dollar fuel was not possible. Such a small window. And after, needed to stay with family to give rides to work because I was the only one in the family at the time with a License. God gives the toughest battles to his strongest soldiers. God Bless.
    BTC: 17CGxdjDvPWCohQXFARPmnkEkTG8eLbtFt
    LTC: LTouRbMC9SrEeQPU5g541Q98pU8vqyAYTf

  7. Remember when people were complaining that $100 was too high for Bitcoin? Then it went to $1,000. Remember when it dipped back down to $350 and everyone thought Bitcoin was dead? Then it went to $20,000. Remember that time it dipped to $8,000? Oh yea, that's right now.

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