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Thursday, December 21, 2017 11:13:17 AM
Gold is a lot more mature than Bitcoin.
Bitcoin is still an infant.
Do you have any reason behind your $7,500 support value or just pulling it out of thin air? Do you know why Bitcoin is more volatile than Gold? Do you know why Gold is highly manipulated and kept down? Do you know the whole story behind Gold and how it came to be manipulated, as you suggest?
The part that makes me wary of what you are saying is you are acting like Bitcoin already did all of its appreciation. The masses are just now starting to hear about it and ask questions.
There is a ton that you need to understand before you throw out random opinions for what you think the price of Bitcoin should be. You need to understand how Bitcoin is affecting all the different areas around the world. You need to understand what Bitcoin means to the Financial Industry. You need to understand what benefits and detriments to governments Bitcoin brings. You need to understand exactly how Bitcoin is created, stored, transacted. You need to understand what Bitcoin means to third world countries. You need to understand that we are just now seeing major players in the financial markets take positions on Bitcoin. What is their motive? What do they see? There are so many nuances and intricacies that you need to be aware of on a very very deep level.
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