Bitcoin bubble to occur late August/early September

Biodom

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Quote from: crazyearner on August 15, 2014, 02:40:46 PM

Quote from: crazyearner on July 27, 2014, 04:58:25 PM

Prices are soon to fall again and already said time and time again over different section here too that price will eventually fall into the mid $400s before even climbing back up to high 700-800 area... Should see a few more drops in the 500s to 470s areas and possible to 300 mark depending on the last part of this month and 2nd quarter of next month.

Looks like my prediction from my quoted post is about right and people never listen to me. I did warn for this that it was going to happen back in mid July. I know where it is currently going to go to and its not looking good. Eventually mid SEP towards Nov is when it will begin to recover. Enjoy the low prices.

instead of the bubble everyone was expecting, we got an antibubble of unknown origin/cause.

greenlion

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Quote from: zedicus on August 16, 2014, 01:31:25 PM

Quote from: bigtimespaghetti on August 15, 2014, 03:54:15 PM

Quote from: Brewins on August 15, 2014, 02:48:59 PM

Quote from: crazyearner on August 15, 2014, 02:40:46 PM

Quote from: crazyearner on July 27, 2014, 04:58:25 PM

Prices are soon to fall again and already said time and time again over different section here too that price will eventually fall into the mid $400s before even climbing back up to high 700-800 area... Should see a few more drops in the 500s to 470s areas and possible to 300 mark depending on the last part of this month and 2nd quarter of next month.

Looks like my prediction from my quoted post is about right and people never listen to me. I did warn for this that it was going to happen back in mid July. I know where it is currently going to go to and its not looking good. Eventually mid SEP towards Nov is when it will begin to recover. Enjoy the low prices.

November is when the last bubble started. If we don't see a bubblish scenario, people might leave the market looking for easy money somewhere else, so there is a chance that things won't be better at November

Could be that people are leaving the market for now. Not sure where else 'easy' money is.

In an efficient market there is no "easy" money as there is enough information to know what will likely impact prices in the near and medium term future. In order for anyone to make any serious ROI they will need to invest a lot of time in doing research and monitoring various markets for potential opportunities.

There is literally nothing about this statement that makes sense other than briefly defining an efficient market.

First off, this is nowhere close to remotely being an efficient market. Secondly, assuming an efficient market, the second statement about making "serious ROI" by "invest[ing] a lot of time doing research" is EXACTLY the contraction of the efficient market claim in the preceding sentence!

zedicus

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Quote from: bigtimespaghetti on August 15, 2014, 03:54:15 PM

Quote from: Brewins on August 15, 2014, 02:48:59 PM

Quote from: crazyearner on August 15, 2014, 02:40:46 PM

Quote from: crazyearner on July 27, 2014, 04:58:25 PM

Prices are soon to fall again and already said time and time again over different section here too that price will eventually fall into the mid $400s before even climbing back up to high 700-800 area... Should see a few more drops in the 500s to 470s areas and possible to 300 mark depending on the last part of this month and 2nd quarter of next month.

Looks like my prediction from my quoted post is about right and people never listen to me. I did warn for this that it was going to happen back in mid July. I know where it is currently going to go to and its not looking good. Eventually mid SEP towards Nov is when it will begin to recover. Enjoy the low prices.

November is when the last bubble started. If we don't see a bubblish scenario, people might leave the market looking for easy money somewhere else, so there is a chance that things won't be better at November

Could be that people are leaving the market for now. Not sure where else 'easy' money is.

In an efficient market there is no "easy" money as there is enough information to know what will likely impact prices in the near and medium term future. In order for anyone to make any serious ROI they will need to invest a lot of time in doing research and monitoring various markets for potential opportunities.

bigtimespaghetti

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Quote from: Brewins on August 15, 2014, 02:48:59 PM

Quote from: crazyearner on August 15, 2014, 02:40:46 PM

Quote from: crazyearner on July 27, 2014, 04:58:25 PM

Prices are soon to fall again and already said time and time again over different section here too that price will eventually fall into the mid $400s before even climbing back up to high 700-800 area... Should see a few more drops in the 500s to 470s areas and possible to 300 mark depending on the last part of this month and 2nd quarter of next month.

Looks like my prediction from my quoted post is about right and people never listen to me. I did warn for this that it was going to happen back in mid July. I know where it is currently going to go to and its not looking good. Eventually mid SEP towards Nov is when it will begin to recover. Enjoy the low prices.

November is when the last bubble started. If we don't see a bubblish scenario, people might leave the market looking for easy money somewhere else, so there is a chance that things won't be better at November

Could be that people are leaving the market for now. Not sure where else 'easy' money is.

kireinaha

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Quote from: freedomno1 on August 12, 2014, 11:36:30 PM

Quote from: dropt on August 12, 2014, 11:26:43 PM

Quote from: Markos on August 12, 2014, 09:32:24 PM

There is probably only one thing that could make a small bubble now. The official entry of Russian troops to Ukraine and military response of the West, that would implicate hard political crisis, like the Cuban missile crisis. Otherwise - no chance in my opinion.

And why exactly would this act of war prompt people of the world to put their money into a high-risk experimental currency/commodity?

Well when the local currency goes down the gutter and people want to move it in the meanwhile when the bombs are falling around them
When Russian tanks are in Kiev the Hryvnia is worthless

http://www.xe.com/currency/uah-ukrainian-hryvnia
http://www.xe.com/currencycharts/?from=USD&to=UAH&view=1Y

Wrong. Most people won't convert their liquid assets, and even if they do, it will be to euros/dollars or precious metals. Bitcoin is way, way down on the list.

Brewins

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Quote from: crazyearner on August 15, 2014, 02:40:46 PM

Quote from: crazyearner on July 27, 2014, 04:58:25 PM

Prices are soon to fall again and already said time and time again over different section here too that price will eventually fall into the mid $400s before even climbing back up to high 700-800 area... Should see a few more drops in the 500s to 470s areas and possible to 300 mark depending on the last part of this month and 2nd quarter of next month.

Looks like my prediction from my quoted post is about right and people never listen to me. I did warn for this that it was going to happen back in mid July. I know where it is currently going to go to and its not looking good. Eventually mid SEP towards Nov is when it will begin to recover. Enjoy the low prices.

November is when the last bubble started. If we don't see a bubblish scenario, people might leave the market looking for easy money somewhere else, so there is a chance that things won't be better at November

crazyearner

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Quote from: crazyearner on July 27, 2014, 04:58:25 PM

Prices are soon to fall again and already said time and time again over different section here too that price will eventually fall into the mid $400s before even climbing back up to high 700-800 area... Should see a few more drops in the 500s to 470s areas and possible to 300 mark depending on the last part of this month and 2nd quarter of next month.

Looks like my prediction from my quoted post is about right and people never listen to me. I did warn for this that it was going to happen back in mid July. I know where it is currently going to go to and its not looking good. Eventually mid SEP towards Nov is when it will begin to recover. Enjoy the low prices.

Ayers

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Quote from: Benjig on August 12, 2014, 11:48:18 PM

Well this guy is close to be right, we are almost at 550 so i hope he is right timing the bubble hehe.

maybe he is the pumper among others like him, forming a small group?

InwardContour

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The bubble predictions are shifting every month more, but sooner or later someone will guess the right time...

Razick

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We've had a few months of downward stability, and I think we're now likely to see a few of upward stability before we MIGHT see another bubble: https://bitcointalksearch.org/topic/my-prediction-chart-737308

As much as it would help me, I hope we never see another bubble. The stable prices of late have been really nice.

dyland

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We must become the pitiless censors of ourselves.

Looks like I made the right choice yesterday.

Watching closely now, with respect to buy back.

trashman43

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Quote from: AnonymousEconomist on July 26, 2014, 02:41:30 PM

Everyone wants to know just when to buy and when to sell.

Well here you go. Buy week two of August at 550, sell second week of September at whatever the hell price it is, before it comes tumbling back down.

LOL even the timing is right for now. if this holds, this guy will be a legend around here. if not, just another failed prediction.

jaberwock

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Quote from: Markos on August 12, 2014, 09:32:24 PM

There is probably only one thing that could make a small bubble now. The official entry of Russian troops to Ukraine and military response of the West, that would implicate hard political crisis, like the Cuban missile crisis. Otherwise - no chance in my opinion.

Any thing that may cause gold goes up will cause Bitcoin goes up, that is, any political or economic unstability.

But it is questionable if people would put on money if we get in a realistic situation where the 3th world war is imminent, because it could very well cut off the internet

Mobius

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Quote from: dropt on August 12, 2014, 11:26:43 PM

Quote from: Markos on August 12, 2014, 09:32:24 PM

There is probably only one thing that could make a small bubble now. The official entry of Russian troops to Ukraine and military response of the West, that would implicate hard political crisis, like the Cuban missile crisis. Otherwise - no chance in my opinion.

And why exactly would this act of war prompt people of the world to put their money into a high-risk experimental currency/commodity?

If people think that the Russians are going to invade their country and seize all their assets. If their assets are in bitcoin then Russia cannot seize their assets; if they are in stocks or bank accounts they can.

unpure

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Quote from: Divinespark on August 12, 2014, 11:59:47 PM

Yep pretty prescient call
May not be a bad time to buy a few for a momentum play into the latter months of the year

Sound like a bad idea right now as all coins are dropping hard.

Divinespark

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Yep pretty prescient call
May not be a bad time to buy a few for a momentum play into the latter months of the year

Benjig

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Well this guy is close to be right, we are almost at 550 so i hope he is right timing the bubble hehe.

but he predicted a 550 drop and we are currently at 530 almost 520 so its not like the perfect timing.

freedomno1

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Learning the troll avoidance button :)

Quote from: dropt on August 12, 2014, 11:26:43 PM

Quote from: Markos on August 12, 2014, 09:32:24 PM

There is probably only one thing that could make a small bubble now. The official entry of Russian troops to Ukraine and military response of the West, that would implicate hard political crisis, like the Cuban missile crisis. Otherwise - no chance in my opinion.

And why exactly would this act of war prompt people of the world to put their money into a high-risk experimental currency/commodity?

Well when the local currency goes down the gutter and people want to move it in the meanwhile when the bombs are falling around them
When Russian tanks are in Kiev the Hryvnia is worthless

http://www.xe.com/currency/uah-ukrainian-hryvnia
http://www.xe.com/currencycharts/?from=USD&to=UAH&view=1Y

dropt

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Quote from: Markos on August 12, 2014, 09:32:24 PM

There is probably only one thing that could make a small bubble now. The official entry of Russian troops to Ukraine and military response of the West, that would implicate hard political crisis, like the Cuban missile crisis. Otherwise - no chance in my opinion.

And why exactly would this act of war prompt people of the world to put their money into a high-risk experimental currency/commodity?

Markos

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There is probably only one thing that could make a small bubble now. The official entry of Russian troops to Ukraine and military response of the West, that would implicate hard political crisis, like the Cuban missile crisis. Otherwise - no chance in my opinion.

Topic: Bitcoin bubble to occur late August/early September (Read 8117 times)