OK, I found some trendlines. They're hit only few times but there are some hitpoints.
I think the price will go down to the bottom line once more and will climb up again.
But what happens when the bottom and top line meet at the end of 2019?
תגובות
mrfrismint
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Sorry, but this is the most useless analysis I have seen here on FCT. You are assuming price is purely based on a technical point of view and also more or less purely related to a BTC value. You are totally not taking in account any business related developments, like the roll out of a major network update today, the launch of Exodus Wallet soon after and the fact that Factom is in negotiations with 'three very large financial institutions' for usage of their blockchain. And most importantly, when one of these institutions are announced and start indeed using entry credits, the price of FCT will increase significantly. Regardless any long pattern or BTC price. The FCT price is more related to a USD value in that sense, as entry credits also have a fixed USD value. Assuming FCT is just a meaningless coin that follows some meaningless wave until end of 2019 (more than 1.5 year from now!) is really a bad analysis.
sebastian.soik
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wall of text just to say that it's useless? are there any emotional problems you wanna talk about?
mrfrismint
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@Sebastian.soik, I am not one of those folks just saying something is crap without any back-up, but actually also giving some rationale for it. But I like your reply. Very intelligent and focused on the content. It only confirms your nonsense analysis. You likely have an interest to buy FCT lower by spreading this blabla.
sebastian.soik
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@mrfrismint, so your profits are not that good, hah?
mrfrismint
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@Sebastian.soik, the price speaks for itself. Have a great day.
sebastian.soik
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@mrfrismint, so what? it exactly hit the designated target price and is now falling..
mrfrismint
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@Sebastian.soik, right. Falling... We speak in 2 weeks again. Probably it's then more clear to you