From Cointelegraph
Ask any oldtimer, and you’ll find that masterluc is something of a legend in the Bitcoin community. His main claim to fame is that he called the top of the November 2013 Bitcoin bubble and the subsequent bear market.Read more: https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-yearOn December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
Multi-year bear market
If that’s not impressive enough, masterluc predicted a multi-year bear market two days prior, despite the price at the time--$1240--being an all-time high. He wrote:“Ah, of course thanks Satoshi and community, but I am still here =) Next entering point for me is in 2016-2017 year.”
Just in case there was any doubt about his prediction, he reiterated on January 31, 2014:
“I see price failing leave daily bb borders for too long time. This makes me think that price may enter stagnation like it was jan-may 2012. But for a larger period of time. Probably till next reward halving like it was in 2012.”
Not just lucky
In case there are any who think he might just have gotten lucky, consider that he called the end-of-2013 bubble back in March of that year. Nine months before the bubble peaked, masterluc posted the following chart on the bitcointalk forums:
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Great content and post. Wish I had thought of commenting on that topic.
https://steemit.com/bitcoin/@davebrewer/bitcoin-rises-to-usd110-000-per-coin-by-2019-very-solid-source-for-prediction
STEEM On!!
DaveB
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Thank You!
This wasn't the full text, the source was named and linked.
In your posts you copy and paste about 40-60% of the articles with no original thoughts, without even using a proper tag for such content such as #newslink.
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I am Cornholio! You will name your baby Bungholio! Is he an albino? Holio Bungholio... will be albino... and a gringo....
I honestly just look at the charts and make a prediction from what I see. I wish I knew how to use the fibonacci lines and all of those fancy chart tools. Regardless, if bitcoin drops, i'm ready to take advantage of the opportunity!
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15k? Now that would be impressive
Right prediction .. thanks for sharing this great information
Very good post. . Thankyou for sharing @contentjunkie
very well formatted and informative, thank you for sharing this...steem on!
I think it will probably average to $9746.04 for the month of December. We might not see huge increases until the next halving date, probably in May 2018.
Nice post
I'll keep my fingers crossed! :D
A price projection that shows how crazy it can get if a 2013 style bubble would repeat. In terms of a 2013-remake, I have $25k on my radar. Slowly but surely price continues to creep up this year.
Thank you. A wonderful post.
0_0
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wow! Thanks
Great post , but i don't think that bitcoin will reach this price by the end of this year maybee he will reach 7500 USD, 8500 usd