Bitcoin bubble to occur late August/early September - page 2.

tinof

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Quote from: HarmonLi on August 12, 2014, 09:09:41 AM

Quote from: dyland on August 12, 2014, 09:03:53 AM

Quote from: HarmonLi on August 12, 2014, 08:57:46 AM

Quote from: dyland on August 12, 2014, 08:53:46 AM

Quote from: AnonymousEconomist on August 12, 2014, 03:51:28 AM

So far, so good with my prediction. Btc is at it's lowest in a long time, here on the second week of august. I expect more drop as the week progresses, but who knows

any point to selling now? Or do you think this is as low as it goes?

We could go a lot lower, that's for sure. If we start to go into the $520s we'll see a cascading long-burn that'll most likely crash Bitfinex, and they'll have to roll-back the trades.

OK, I'm shorting for now, while watching the price like a hawk.

Buy back in hopefully <550

Remember to make up your own mind, though! I may be totally wrong here, like everyone else, too! But we're in quite a difficult situation right now, I guess, that's for certain.

Here is my game plan:

I am going to set up some buy limit at 450-470 in case of flash crash. Exit price will be 550 and will re-enter at 450-470 again.

dyland

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Activity: 238

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We must become the pitiless censors of ourselves.

Quote from: hellscabane on August 12, 2014, 01:06:50 PM

Quote from: AnonymousEconomist on July 26, 2014, 03:00:39 PM

Quote from: rapsaodan84 on July 26, 2014, 02:42:39 PM

Source?

No source. This is all you get. But it's enough!

Wink

Maybe this guy has his own autistic friend...

LOL, that thread was a classic.

hellscabane

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Quote from: AnonymousEconomist on July 26, 2014, 03:00:39 PM

Quote from: rapsaodan84 on July 26, 2014, 02:42:39 PM

Source?

No source. This is all you get. But it's enough!

Wink

Maybe this guy has his own autistic friend...

spazzdla

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Activity: 1722

Merit: 1000

Very interesting how true this is holding... I might just do this.

dyland

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Activity: 238

Merit: 100

We must become the pitiless censors of ourselves.

Quote from: HarmonLi on August 12, 2014, 09:09:41 AM

Quote from: dyland on August 12, 2014, 09:03:53 AM

Quote from: HarmonLi on August 12, 2014, 08:57:46 AM

Quote from: dyland on August 12, 2014, 08:53:46 AM

Quote from: AnonymousEconomist on August 12, 2014, 03:51:28 AM

So far, so good with my prediction. Btc is at it's lowest in a long time, here on the second week of august. I expect more drop as the week progresses, but who knows

any point to selling now? Or do you think this is as low as it goes?

We could go a lot lower, that's for sure. If we start to go into the $520s we'll see a cascading long-burn that'll most likely crash Bitfinex, and they'll have to roll-back the trades.

OK, I'm shorting for now, while watching the price like a hawk.

Buy back in hopefully <550

I do, I do.

Could be wrong indeed, but my sense is we will go a bit lower. I will have to buy back in at a loss if I'm wrong, of course, but we will see!

Remember to make up your own mind, though! I may be totally wrong here, like everyone else, too! But we're in quite a difficult situation right now, I guess, that's for certain.

HarmonLi

sr. member

Activity: 350

Merit: 250

Honest 80s business!

Quote from: dyland on August 12, 2014, 09:03:53 AM

Quote from: HarmonLi on August 12, 2014, 08:57:46 AM

Quote from: dyland on August 12, 2014, 08:53:46 AM

Quote from: AnonymousEconomist on August 12, 2014, 03:51:28 AM

So far, so good with my prediction. Btc is at it's lowest in a long time, here on the second week of august. I expect more drop as the week progresses, but who knows

any point to selling now? Or do you think this is as low as it goes?

We could go a lot lower, that's for sure. If we start to go into the $520s we'll see a cascading long-burn that'll most likely crash Bitfinex, and they'll have to roll-back the trades.

OK, I'm shorting for now, while watching the price like a hawk.

Buy back in hopefully <550

Remember to make up your own mind, though! I may be totally wrong here, like everyone else, too! But we're in quite a difficult situation right now, I guess, that's for certain.

dyland

full member

Activity: 238

Merit: 100

We must become the pitiless censors of ourselves.

Quote from: HarmonLi on August 12, 2014, 08:57:46 AM

Quote from: dyland on August 12, 2014, 08:53:46 AM

Quote from: AnonymousEconomist on August 12, 2014, 03:51:28 AM

So far, so good with my prediction. Btc is at it's lowest in a long time, here on the second week of august. I expect more drop as the week progresses, but who knows

any point to selling now? Or do you think this is as low as it goes?

We could go a lot lower, that's for sure. If we start to go into the $520s we'll see a cascading long-burn that'll most likely crash Bitfinex, and they'll have to roll-back the trades.

OK, I'm shorting for now, while watching the price like a hawk.

Buy back in hopefully <550

HarmonLi

sr. member

Activity: 350

Merit: 250

Honest 80s business!

Quote from: dyland on August 12, 2014, 08:53:46 AM

Quote from: AnonymousEconomist on August 12, 2014, 03:51:28 AM

So far, so good with my prediction. Btc is at it's lowest in a long time, here on the second week of august. I expect more drop as the week progresses, but who knows

any point to selling now? Or do you think this is as low as it goes?

We could go a lot lower, that's for sure. If we start to go into the $520s we'll see a cascading long-burn that'll most likely crash Bitfinex, and they'll have to roll-back the trades.

dyland

full member

Activity: 238

Merit: 100

We must become the pitiless censors of ourselves.

Quote from: AnonymousEconomist on August 12, 2014, 03:51:28 AM

So far, so good with my prediction. Btc is at it's lowest in a long time, here on the second week of august. I expect more drop as the week progresses, but who knows

any point to selling now? Or do you think this is as low as it goes?

ticoti

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I think that won't happens in August
maybe late September early October

HarmonLi

sr. member

Activity: 350

Merit: 250

Honest 80s business!

Yeah, I don't know what to do, as well. This seems to be troubling. No bubble, only despair. Maybe we should just leave this ship altogether. This ain't like the good old 80s at all!

Kipsy89

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Activity: 280

Merit: 250

Relax!

Quote from: tinof on August 12, 2014, 08:08:13 AM

TA looks very weak at this price. It doesn't take much to trigger a massive sell off.

But what about those massive bids up to $540??? They'll catch everything, man! We won't be able to go through those bids, I'm sure! At least I hope we won't! Man, these are stressful times!

tinof

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TA looks very weak at this price. It doesn't take much to trigger a massive sell off.

Kipsy89

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Activity: 280

Merit: 250

Relax!

Quote from: BitCoinNutJob on August 12, 2014, 07:39:56 AM

When the trend reverses you have to spot it quick, buy and hold is your best option

Yeah, man. But that can be very very difficult. If it wasn't that difficult, a lot more people would try and do it, I guess Cheesy

All those trading experts use those MACD magic indicators and stuff. I'll never get them, man!

BitCoinNutJob

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When the trend reverses you have to spot it quick, buy and hold is your best option

DjPxH

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Quote from: AnonymousEconomist on August 12, 2014, 03:51:28 AM

So far, so good with my prediction. Btc is at it's lowest in a long time, here on the second week of august. I expect more drop as the week progresses, but who knows

Yeah since late March. That's 4.5 months. Bitcoin is still up about 600% from its price this time last year. I wouldn't exactly call this a bad performance... Geez, you guys need to get your facts straight here!

Hyena

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Quote from: AnonymousEconomist on August 12, 2014, 03:51:28 AM

So far, so good with my prediction. Btc is at it's lowest in a long time, here on the second week of august. I expect more drop as the week progresses, but who knows

Good to see this topic revived. Interesting times ahead.

AnonymousEconomist

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Add me on Twitter! @AnonOnAMoose

So far, so good with my prediction. Btc is at it's lowest in a long time, here on the second week of august. I expect more drop as the week progresses, but who knows

minerpumpkin

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A pumpkin mines 27 hours a night

Quote from: btchaste on July 29, 2014, 06:52:49 AM

I'm new here and I don't understand if bitcoin will rise or if it will fall to 0$ in the next months, there are so many different points of view!

I guess only really few people do honestly believe that Bitcoin will go to $0 or even single digits anytime soon or even ever again. Please do take a look at the chart of the last years and imagine you were around back then. Just think about what I feared would happen to Bitcoin in July 2013, it was down to $60-$70. Many people though it would be the end of it. Now we're up 1000%...

But no one knows for sure, that's right. And we may go to $0. Please make up your own mind

cinnamon_carter

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It's about time -- All merrit accepted !!!

just like that , ok will do, thanks

Topic: Bitcoin bubble to occur late August/early September - page 2. (Read 8117 times)