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RE: #30 - My Prediction - Bitcoin to Bottom out at $1,200 (60% drop from peak) on and in around 20 August 2017 (Other Crypto's will lag BTC)

in #bitcoin7 years ago

@spicyer thanks for the reply, it is helpful and constructive. Yes, there are many things I don't know about this market, I only joined it 10 days ago.
Where I get my information from is actually from research, from the people who know this market better than me. I could well be wrong, as the saying goes "the proof is in the pudding".
Just trying to add value to this platform and stimulate conversion on where this crash it going. What I would say, this market is a market and markets are based on human behaviours, will the technicalities of the situation have evolved the humans have not.
With regards to the turncoats, your logic comes from the point that you are in the position of the miners and developers, it is not practical to think you under stand the situation of each person circumstance.
Your reply was well thought out and written, I would like to hear more from you.