benjamin netanyahu tp
| milky orchestra pit toaster | 01/31/18 | | Anal Property | 01/31/18 | | milky orchestra pit toaster | 01/31/18 | | Anal Property | 01/31/18 | | milky orchestra pit toaster | 01/31/18 | | Anal Property | 01/31/18 | | milky orchestra pit toaster | 01/31/18 | | Anal Property | 01/31/18 | | milky orchestra pit toaster | 02/01/18 |
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Date: January 31st, 2018 5:16 PM Author: milky orchestra pit toaster
the TA stuff was not relevant but his comment about likely circulation also seems wrong
says that circulation of btcp might be <20M because btc holders might not claim their btcp. but for example bitcoin gold was also a 1:1 fork and its circulation was equal to btc circulation after the fork because the major exchanges supported it (even coinbase, which doesn't give users access to their bitcoin gold but is holding it for them and says that they will distribute it once compatibility is possible - similar scenario seems plausible for btcp). no bitcoin gold was lost because people "didn't claim it". same goes for bitcoin cash it seems.
if opening circulation of btcp is 20M then it's already a top 20-25 coin. would have to reach ltc's market cap just to reach $400. people claiming it could reach something like $1000 seem to have no idea what they're talking about.
(http://www.autoadmit.com/thread.php?thread_id=3877871&forum_id=2#35289948) |
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Date: January 31st, 2018 5:37 PM Author: Anal Property
youre not taking into account the fact that its only on one exchange and a top 20 coin
a listing on binance which is being alluded too would open floodgates since bittrex has closed registration and its one month off form fork
look at SHITcoin NXT before fork as a guide
its a consevative estimate to say BTCP at $300 at fork is more than reasonale which is 2.5x
(http://www.autoadmit.com/thread.php?thread_id=3877871&forum_id=2#35290090) |
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Date: January 31st, 2018 6:01 PM Author: milky orchestra pit toaster
i'm looking at valuation here. this will end up being valued against peers. i assume that btcp will get picked up by at least a few of the big exchanges and that announcements will spike the price. but even if btcp gets listed everywhere except coinbase this thing isn’t going to be priced in line with ltc. in fact it could be beneficial to holders of zcl if more exchanges *didn’t* support btcp because it would cut btcp circulation and increase the per-coin value of btcp assuming a set market cap.
right now zcl is priced such that btcp is being valued at par with bitcoin gold (assuming 20M circulation of btcp). that seems pretty reasonable. even if btcp should be worth more the upside isn’t astronomical. think the absolute best case scenario over the next 2-3 months is that btcp is priced in line with monero, in which case btcp would be worth ~$210. think that would be a very optimistic scenario and i don’t think btcp can get much higher than that without a track record which will take some time. more likely is between $115-130 (given where the market is right now – could be higher if the market recovers but then you’re just getting appreciation with the rest of the market) and that’s not without risk (team seems mediocre, etc.).
i do not see where you're getting >$300 unless you're just banking on hype.
(http://www.autoadmit.com/thread.php?thread_id=3877871&forum_id=2#35290277) |
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Date: January 31st, 2018 6:07 PM Author: Anal Property
cr but yes im banking on the fomo hype prefork etc that has happened with every coin thus far in this scenario
i imagine a huge sell off from BTC holders that get the fork then a run up for BCH BTG position once actual buys happen, since this coin actually offers than those shit coins
this is all pre fork #'s im talking about hitting 400-500
(http://www.autoadmit.com/thread.php?thread_id=3877871&forum_id=2#35290345) |
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Date: January 31st, 2018 6:18 PM Author: milky orchestra pit toaster
ok
tbf this one seems better publicized so i think reduced uncertainty could reduce the level of fomo, and the market already did a run-up on zcl when the fork was announced so i think people have an idea of what they're going to trade around. think we'll see some pumping but there will be a lot of well-prepared holders planning to play the fork who will have had a month to think about when and how to sell.
given that, i'd be surprised if the market let this thing go much higher than $300 - or even $200 - but i have nothing to back that up.
(http://www.autoadmit.com/thread.php?thread_id=3877871&forum_id=2#35290463) |
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Date: January 31st, 2018 7:10 PM Author: Anal Property
to sum it up the BTC volatility and the general low iq faggotry of proles in crypto means they dont want to wait the 1 month to hold ZCL so theyll take swing gettign absolutely devastated by some other shitcoin
i imagine with very firm certainty theyll be back in pre fork to run up the price once FOMO sets in around 2 mill sats
market cap is only 370 mill which is balldust at this point
IGNIS which is a shitcoin for sure did a 180 run up before
(http://www.autoadmit.com/thread.php?thread_id=3877871&forum_id=2#35290814) |
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