Topic: And back to 60, ok I think it will rally to 75 and then correct back to 63 (Read 1795 times)

well yeah you were "right" except how it went to $60 or less $ 50 something

Ok did the big sell and now up we go

first part of prediction done

"And back to 60,

ok I think it will rally to 75 3 days"

yeah...nah

I'm slightly crhonopositive....

+1

I was replying to Adrian X implication....!

Silly. It can't go that low. People are just throwing low numbers around like hipster emo pessimist bears. But there is too much demand for BTC. Any sharp decline would be immediately eaten up, far above the previous floor price of $47.

$100 in a few short weeks, then $1000 in the medium term.

Yeah i am fully prepared for BTC to become worthless and loose every cent

the way I see it the upside benefit of loosing 5 - 10K is well worth the risk or getting 100K - Xmillion over a 5 -10 year horizon

So yes have full damage control = will accept 100% loss.

Wtf?

Bitcoin is not going to be $2 for the foreseeable future. The previous crash was because people thought that there was no future for Bitcoin.

so $2 crash to = 7.5 devaluation, so back to $7 $9 dollars from 50 - 60....

I don't care if is goes to 7 I will by the F8CK out of that and not care that i bought at 50 - 60

as it will recover, as it has from 2 to 30++

In fact even better so I can afford more BTC, I would view it as getting BTC at a huge discount from people who got scared!!!!

I am assuming you are using options or something similar.
If you can handle the brain-melting aspect of the video, this might be appropriate:
http://www.youtube.com/watch?v=kdvTkddp1F0

Hope you have damage control.

OP: throwing darts on the wall

This is what my money's on. Literally.

what happened inmho

is that it hung round 40's to long
and the block chain for spooked the market
crashed to 30's

but the market saw how reliant it was back to 40's in no time

having assimilated this the market is making up for lost time, but no one wanted to push into the 50's, but once breached, 50 - 60 was all make up time

PLUS  cyprus is a massive indicator...i mean who would have believed a govt would come out and do/say that so bluntly....how stupid are they......

Plus the US quasi recognition of cryptos or whatever that was

View point :: Essentially Govt can not be effective coordinated by a model that was used / invented 100's of years ago, Cryptos are finally the vehicle to sort this out. They are essentially strip mining out the parasitical effect or govt/over regulation/bad regulation.

They will provide a new paradigm of societal organization....

its not that the BTC is rising, it is that BTC/LTC/TRC et.al can re organise, govt/social/ individual behaviors more efficiently.

So all those politicians, and bureaucrats especially (for they are legion) making millions photocopys of everything and binding, which face is what 80% of bureaucrats cost is, has finally found a way to be circumvented.

Even if BTC is taken down, pandoras box has been opened. It will not be able to be stopped in some form or another.

75 is too fast too soon. I expect a consolidation around 60-65, maybe a few minor spikes trying to break up but with no real momentum.

I was wrong last week in predicting a drop after a rise to $60. I don't see where such a drop to $51 would come from now. If I see any prices below $55 - $56, I'm buying more; and I expect many others will do so too. Ultimately most won't be that quick so prices that low are unsustainable.

That said, I think $100 is do-able in under 9 weeks. 9 weeks at the latest. 3-4 weeks is quite a likely scenario too.

first correction to 51.67
then rally to 75.48

And back to 60,

ok I think it will rally to 75 3 days

and then correct back to 63, and hang around there  1 week

for a while before next rally to 82 correct to 78, 2 - 3 weeks

then to 98, back to 92 4 - 6 weeks

and 99, 6 - 8

then through the 100, 9 weeks

the 100 to 112 12 weeks

correct to 105 13 - ...XXX