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Topic: Bitcoin bubble to occur late August/early September - page 3. (Read 8117 times)

newbie
Activity: 55
Merit: 0
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!
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
Are you expecting a surge in Asicminer share prices ?


Just having fun causing a little mischief although if Asicminer can back up the hashrate claim they said then yes expecting a massive surge and those miners to start coming online soon.

25 BTC a Block AM produces its own chips and miners and expects to hit its 2013 Average Hashrate with the BE200s
Somewhere between 0.0069% On December 31st 2013 and 32.93% on June 5 2013 is 16.46845%
I would be happy with 5% over a year on average lol.
Quite the bullish claim from them so if they can back that up were in for something else.

If not Friedcat dug a hole and I buried my shovel deep ^_^ (And people can lol at me for ages XD)
But one can find far worse bets than this lol. Will Mtgox ever find its lost bitcoins will neobee ever come back will labcoin and activeminers get their revenge lol.

Update

1. Due to the relatively lower interest from individual miners as well as OEM producers, the self mining has re-started from middle of July. We had gain access of cheap electricity and high power capacity. We hope to regain the average hashrate percentage similar to 2013 with this generation of chips.

2. The price rockminer gets is not the sales price. It's the premium of franchising. We gain the part of profits after the devices begin to generate revenue like the franchising of devices. The sales price of chips stay a relatively high margin because our option of building our own devices and sell/deploy is always wide open.

3. We announce the sales of our own devices. We would arrange an offline meeting in Shenzhen first to share more information. We will post the English version of it on the meetup sub-board.

2013 Percentage of network
https://docs.google.com/spreadsheet/ccc?key=0AkPdXsQFT-vIdHRVUjQ5Ql9BQWR6OENLMkhyUktUblE#gid=9

At peak around 0.1 BTC/Month
Not expecting that but if it can get somewhere close the share value would go up a fair bit just because of that yield
https://docs.google.com/spreadsheet/ccc?key=0AkPdXsQFT-vIdHRVUjQ5Ql9BQWR6OENLMkhyUktUblE#gid=12
hero member
Activity: 798
Merit: 1000
The train is back on track, everybody! Fasten your train-seatbelts and shovel in a few more doges! We need more steam!

I'm thinking there might be some concentrated supply coming in soon so yep the train will be back on track ^_^
All aboard the choo choo train

I'm actually a tad disappointed that we didn't take the chance to break through $600 again after rebounding from $570... But things aren't especially bad, either. Bullish.

True enough hoping that Asicminer is able to back up its claims and take a strong foothold in the hashrate again then pay out Bitcoin dividends
Scare the other miners a bit and what not and tighten the supply ^_^

Are you expecting a surge in Asicminer share prices ?
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
The train is back on track, everybody! Fasten your train-seatbelts and shovel in a few more doges! We need more steam!

I'm thinking there might be some concentrated supply coming in soon so yep the train will be back on track ^_^
All aboard the choo choo train

I'm actually a tad disappointed that we didn't take the chance to break through $600 again after rebounding from $570... But things aren't especially bad, either. Bullish.

True enough hoping that Asicminer is able to back up its claims and take a strong foothold in the hashrate again then pay out Bitcoin dividends
Scare the other miners a bit and what not and tighten the supply ^_^
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
The train is back on track, everybody! Fasten your train-seatbelts and shovel in a few more doges! We need more steam!

I'm thinking there might be some concentrated supply coming in soon so yep the train will be back on track ^_^
All aboard the choo choo train

I'm actually a tad disappointed that we didn't take the chance to break through $600 again after rebounding from $570... But things aren't especially bad, either. Bullish.

Seem like price will be stable again for a while, but suspect that this wont last long, primary cuz lots of big companies invest in BTC.

My humble prediction will be around august end or september beginning to price pop up maybe.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
The train is back on track, everybody! Fasten your train-seatbelts and shovel in a few more doges! We need more steam!

I'm thinking there might be some concentrated supply coming in soon so yep the train will be back on track ^_^
All aboard the choo choo train

I'm actually a tad disappointed that we didn't take the chance to break through $600 again after rebounding from $570... But things aren't especially bad, either. Bullish.
hero member
Activity: 798
Merit: 1000
Seems everybody is taking the summer off and we're going to stagnate for a while.

Good news- sideways

Bad news- price drops

I dont see any reasons why that will suddenly change.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
The train is back on track, everybody! Fasten your train-seatbelts and shovel in a few more doges! We need more steam!

I'm thinking there might be some concentrated supply coming in soon so yep the train will be back on track ^_^
All aboard the choo choo train
newbie
Activity: 33
Merit: 0
Patters are typically only ever maintained because people believe in patterns. This makes them a less than ideal basis for a long term investment strategy.

The key drivers of price are:

- on the upside, more and more big companies like Dell accepting bitcoin and more and more people spending them; and
- on the downside, ugly regulation (which is our real risk in my view) or one too many Mt Gox-type events.

If anything else drives your analysis, then it seems to me any success is largely down to luck rather than good management. The good news for the bulls is that the bitcoin technology is so good the long term trend should be up (again barring stupid regulation).
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
The train is back on track, everybody! Fasten your train-seatbelts and shovel in a few more doges! We need more steam!
legendary
Activity: 1820
Merit: 1001
Prices are soon to fall again and already said time and time again over different section here too that price will eventualy 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.

I'm not someone completely sold to patterns or TA, etc... But this would dramatically disrupt any pattern we've seen so far. I don't know...

Nor am I, I just use it as guidance and take measures in advance so that if it does tumble down then I will get a good % spread and so far already done a  few times with BTC orders and already moved my BTC elsewhere while this is like it is. Give it mid September October when it will eventually start going back up but its a long way off going up. If a massive demand comes then sure it might go up but could also go back down its been to volatile lately to get a fixed figure of where things are going. Over time it will go up but for the quick figures will remain where is and drop down and go back up.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
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.
Where did it come from? What's the access?
is that information correct?

How can you even ask for a freaking sourceHuh The price is being determined by demand/supply. There's just no one in charge, deciding about Bitcoin's future price!

Or is there...
hero member
Activity: 504
Merit: 500
Moderator
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.
Where did it come from? What's the access?
is that information correct?

I can confirm that this information is correct as i have received the same, but i (we) am/are not allowed to disclose the source.
You pretty much have to trust us.

Thanks

Fonzie



Edit: Small hint. Prince in the second week of September does compulsory not have to be >550$.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
Prices are soon to fall again and already said time and time again over different section here too that price will eventualy 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.

I'm not someone completely sold to patterns or TA, etc... But this would dramatically disrupt any pattern we've seen so far. I don't know...
full member
Activity: 182
Merit: 100
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.
Where did it come from? What's the access?
is that information correct?
newbie
Activity: 56
Merit: 0
We had too many good news in the last months, the value will turn upwards sooner or later.
member
Activity: 107
Merit: 10
The same who said in December 2013, Bitcoin bubble to occur January...  Angry
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
Prices are soon to fall again and already said time and time again over different section here too that price will eventualy 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.
Drops that big were due to a fraudulent exchange. Much more trading is done OTC now. We're not going to see huge drops repeating the same prices after this much time. I would like you to be right, but Bitcoin is growing. Asia is going to be big.
legendary
Activity: 1820
Merit: 1001
Even if your prediction comes exactly true you still get absolutely no credit for being right. If you provide no source and give no reason whatsoever for your prediction, then it's a random guess. If you randomly guess correctly then it is blind luck and you didn't actually predict anything.
That's probably why it's a newbie account. He may have a bunch of predictions out there and one of them is bound to be correct.

 I base on facts of what is currently going on surrounding Bitcoin and what is going on look on http://www.coindesk.com/ for a fair few stories that are going on ull soon find out why prices are going down.

I don't speculate I simply go off current news and also go off charts and volumes to decide weather or not it has going up or down and I have been doing this since early 2011 with Bitcoin when I first got into it.  Far from newbie with over 8 years market, Forex and stock market trading is far from newbie taking that experience and research into bitcoin is something I have also done far from predictions just current facts going around on news and going off volumes and figures not hard to work out at all.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
Whenever people are tired of stockpiling coins or someone wants to push the price up
Only takes a few million to get it going  Wink
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