ctombm
Long

BTC TO HITS ATH OR BEYOND IN 2016

BITSTAMP:BTCUSD   Bitcoin / Dollar
663 10 2
BTC to hit $1000-$2000.
Now we sound crazy from time to time but I want everyone to remember that 2016 is far more of an important year for BTC then 2015 has been.

1. Bitcoin Halving in July
2. 7 year anniversary
3. More and more users
4. More and more awareness

A lot of investors fear bitcoin because they lack understanding of how valuable the underlying tech is.
This is the reason why the value is so low.

Market Cap Evaluations
BTC (Currency) MC = $6BN
Uber (Private Company) MC = $40BN
Amazon (Company) MC = $310BN
Apple             (Company) MC = $605BN
Gold             (Commodity) MC = $7TRN

Even If BTC went to nearly the value of "UBER"! 1 BTC = $2556
Thats BTC at $36BN.

BTC has a great future ahead of it as a valuable source of exchange this gives it extreme value.

This is only an idea for all we know BTC could be $0 tommorow (Doubt it)

Don't forget to Follow us and Comment if you have anything to say!

Thank you and have a profitable 2016 (P.S just stay long BTC you'll be fine)
LastBattle
a year ago
Uber is another unicorn, you can't compare against that :D
If the S&P were to collapse now, Uber can be as cheap as 5b.
Reply
ctombm LastBattle
a year ago
Uber is not in the S&P500? It is a Private Company. also even if it did go to 5bn thats on par with Bitcoin which is a currency so that show undervaluation
Reply
ctombm LastBattle
a year ago
and just to add thats my point.. Uber is a company (unicorn) and Bitcoin is a currency, a commodity, an asset with a limited supply and its valuation is so low.
Reply
Corben
a year ago
sounds more like a wish than an analysis - eg. '7 year anniversary' will not impact the price anyways
before the blocksize problem has not worked out nothing will happen
Reply
ctombm Corben
a year ago
I agree with that Blocksize problem, but it will be solved. We should of added the 7 year anniversary with the July Halving. The reason why we added it because investors all around the world care about the number 7 (Its just a point 0 facts are linked to it). Corben I guarantee that this is not a wish, This is valuation analysis. (Analyses the core value of an asset)
We will see when 2016 is over.
Reply
MarcelV PRO ctombm
a year ago
much hopium and 0 analysis
Reply
ctombm MarcelV
a year ago
We shall see...
Reply
oaksacorn
a year ago
Where would we be without the haters? As far as analysis goes, I think 406 was it so your red/green divide is spot on in my opinion.
Reply
ctombm oaksacorn
a year ago
Thanks! Much Appreciated
Reply
eniewold
21 days ago
Seems you were (almost?) right... Just a few more days, perhaps we will make the $1000...
And, did you hold on onto your long position?
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out