AschraM

GOLD & BTC Could they meet at 1800?

BITSTAMP:BTCUSD   Bitcoin
This idea many BTC fans will hate. If you don't think this can happen you are not thinking outside the box enough. We are heading into the year of the Digital Asset Market. I find it funny that people are saying BTC to 100k ! BTC to a million! in less than a decade..sorry but I don't see it! it took a half a century just for rare relic coins to hit numbers that high. I can see BTC hitting those numbers but not anytime soon. Maybe so for my kids or by 2050. Afterall we will be towards the last 2% of mining bitcoin from 2040 to 2050 ya? Correct me if im wrong but someone told me this. That the last few percent of BTC will take almost 10 years to fully mine out the algorithms. This could give us one hell of a parabolic move upward on BTC in a couple decades from now.

2010 - 2020 : A new market begins to sprout

2017: People become aware

I see 2020 - 2030 : the new market is born and begins to crawl

2030 - 2040: 2nd Deca wave now we are walking

2040 - 2050 : 3rd deca wave now we are running

Be prepared for the worst but take opportunity where you see it and when you can afford it...it is no longer just about bitcoin..it is about mergers and acquisitions and new roads for the new technologies we are using today.

GOLD is grinding up slow. Has been since 1200. It is possible we can see these two markets merge on a defined price zone giving people a choice...OLD GOLD or NEW GOLD ...OR....BOTH?!?! But it seems to me 1800 - 2000 would be that marker zone where we see gold and btc begin to flow similar in price and direction through new asset vehicles that are being added into the markets today. Remember correlation does not mean causation but these two can dance together if the world is viewing bitcoin like digital gold. As old and new paradigms join together and merge. I expect blood to be shed across markets during these changes.

Accept ideas from everyone's perspectives. Communicate with professionalism and help each other understand that the "crypto market" has become the digital asset market now and those who pull the strings are also lacing them.

I will buy GOLD after it corrects and BTC if we hit 1800 again. That area looks like the perfect opportunity for me if we see a cross-road.

IF THE RED RIBBON IS CUT DOWN WE GO. IF IT SUPPORTS UP WE GO.

As always trade safe. manage risk. peace love trade.

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