Thread: RIP Bitcoin

Originally Posted by Dragonfly

a calculation is not intrinsic value FFS, even a retard like a plumber could get that

so, dragonfly: your prediction is that btc will go to 0 (or what level) and by when?

Originally Posted by Farangrakthai

Originally Posted by Dragonfly

it's crashing

not really.

or at least not since february when it hit 6,800.

if it breaks below 6,000 and 5,000, then yep some of those guys "hodling for the lambo" might throw in the towel and it will drop to maybe $2,000?

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some research studies on a fair value of btc have put it at about $2,000, anyways.

posted this link to a study a few months ago and it's findings have proved accurate (so far): sideways to downward movement for the rest of the year: https://arxiv.org/pdf/1803.05663.pdf

btc 6 month chart: