Topic: Bitcoin bubble to occur late August/early September (Read 8154 times)

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

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

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: dropt on August 12, 2014, 11:26:43 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: Divinespark on August 12, 2014, 11:59:47 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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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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Quote from: dropt on August 12, 2014, 11:26:43 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: HarmonLi on August 12, 2014, 09:09:41 AM

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.

tinof

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

Quote from: HarmonLi on August 12, 2014, 08:57:46 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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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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Very interesting how true this is holding... I might just do this.

dyland

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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: 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

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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: 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

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

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Honest 80s business!

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

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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

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

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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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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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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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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

btchaste

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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!

freedomno1

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Quote from: dreamspark on July 29, 2014, 06:42:07 AM

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.

Quote from: friedcat on July 29, 2014, 01:22:55 AM

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

dreamspark

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Quote from: freedomno1 on July 29, 2014, 06:39:50 AM

Quote from: minerpumpkin on July 29, 2014, 05:31:54 AM

Quote from: freedomno1 on July 29, 2014, 05:06:52 AM

Quote from: minerpumpkin on July 28, 2014, 03:07:44 PM

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 ?

freedomno1

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Quote from: minerpumpkin on July 29, 2014, 05:31:54 AM

Quote from: freedomno1 on July 29, 2014, 05:06:52 AM

Quote from: minerpumpkin on July 28, 2014, 03:07:44 PM

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 ^_^

azguard

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Quote from: minerpumpkin on July 29, 2014, 05:31:54 AM

Quote from: freedomno1 on July 29, 2014, 05:06:52 AM

Quote from: minerpumpkin on July 28, 2014, 03:07:44 PM

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.

minerpumpkin

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Quote from: freedomno1 on July 29, 2014, 05:06:52 AM

Quote from: minerpumpkin on July 28, 2014, 03:07:44 PM

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.

dreamspark

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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.

freedomno1

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Quote from: minerpumpkin on July 28, 2014, 03:07:44 PM

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

TheGull

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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).

minerpumpkin

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The train is back on track, everybody! Fasten your train-seatbelts and shovel in a few more doges! We need more steam!

crazyearner

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Quote from: minerpumpkin on July 28, 2014, 07:20:18 AM

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 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.

minerpumpkin

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Quote from: DDBEK on July 28, 2014, 07:17:10 AM

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.

Where did it come from? What's the access?
is that information correct?

How can you even ask for a freaking source Huh

The price is being determined by demand/supply. There's just no one in charge, deciding about Bitcoin's future price!

Or is there...

fonzie

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Quote from: DDBEK on July 28, 2014, 07:17:10 AM

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.

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$.

minerpumpkin

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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 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...

DDBEK

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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.

Where did it come from? What's the access?
is that information correct?

futureazy

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We had too many good news in the last months, the value will turn upwards sooner or later.

Octavius

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The same who said in December 2013, Bitcoin bubble to occur January... Angry

cbeast

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Let's talk governance, lipstick, and pigs.

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 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.

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Quote from: cbeast on July 27, 2014, 05:49:06 PM

Quote from: K128kevin2 on July 27, 2014, 05:31:28 PM

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.

freedomno1

legendary

Activity: 1834

Merit: 1094

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

Biodom

legendary

Activity: 3990

Merit: 4597

everybody expects a bubble now, so since market is almost always acts in a contrarian fashion, there would be NO bubble.
$500-650 for two years. by the end of the first year, 70% miners or more would drop out.

HarryT1923

full member

Activity: 182

Merit: 100

i'm really not convinced of any case for a bubble here. we could go sideways for a year from the looks of it! i know it happens when people least expect -- so probably with everyone expecting it, it won't happen.

TheJuice

hero member

Activity: 845

Merit: 609

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.

Let's do it. Long time holder here so I won't be selling, but am opening up a large positive soon...

Here we go.

Ibian

legendary

Activity: 2268

Merit: 1278

It makes a good amount of sense. We need regulation and the etf in place before big money can get big money in, and Lawsky gave us 45 days to provide feedback. That's probably the minimum time before a big spike can happen, and then whenever the etf is ready.

Also, Tzupy said we have not seen capitulation yet so odds are we have.

cbeast

donator

Activity: 1736

Merit: 1014

Let's talk governance, lipstick, and pigs.

Quote from: K128kevin2 on July 27, 2014, 05:31:28 PM

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.

K128kevin2

sr. member

Activity: 322

Merit: 250

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.

cbeast

donator

Activity: 1736

Merit: 1014

Let's talk governance, lipstick, and pigs.

Quote from: TRex95 on July 27, 2014, 04:48:07 PM

Quote from: cbeast on July 27, 2014, 04:41:55 PM

Quote from: thrax on July 27, 2014, 04:30:03 PM

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

Wouldn't we get better advice off a hero member rather than a newbie?

I don't think it's a newbie. I've come to the exact same conclusion. There is always a squeeze before a jump. I've been caught by it twice. Never again.

How low do you think a squeeze could push the price down to?

We may be at the bottom, but if a catastrophic event happens (which Murphy's Law says it will) then I'm guessing 580 and then the Rule of Thirds spike down to 560 if it is a long downturn. Something bad is going to happen because I don't see anything really good happening until Fall.

That would really be a very small drop when compared to the price swings that bitcoin has seen in the past (in terms of percentages) as you are predicting a max 10% drop from the current ~$600 levels that we are at now.

The discussion is not about mere accounting compliance, but now with business regulation. We're about to enter a whole new level of trade. We've already seen a 40% drop from 900+. The next time we see a large percentage drop it will be from an order of magnitude higher from this level.

thrax

sr. member

Activity: 253

Merit: 252

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.

Do you think specific events will cause these drops, or do you think they will happen without any obvious causes?

crazyearner

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.

TRex95

newbie

Activity: 44

Merit: 0

Quote from: cbeast on July 27, 2014, 04:41:55 PM

Quote from: thrax on July 27, 2014, 04:30:03 PM

Quote from: thrax on July 27, 2014, 04:30:03 PM

Wouldn't we get better advice off a hero member rather than a newbie?

I don't think it's a newbie. I've come to the exact same conclusion. There is always a squeeze before a jump. I've been caught by it twice. Never again.

How low do you think a squeeze could push the price down to?

We may be at the bottom, but if a catastrophic event happens (which Murphy's Law says it will) then I'm guessing 580 and then the Rule of Thirds spike down to 560 if it is a long downturn. Something bad is going to happen because I don't see anything really good happening until Fall.

That would really be a very small drop when compared to the price swings that bitcoin has seen in the past (in terms of percentages) as you are predicting a max 10% drop from the current ~$600 levels that we are at now.

cbeast

donator

Activity: 1736

Merit: 1014

Let's talk governance, lipstick, and pigs.

Wouldn't we get better advice off a hero member rather than a newbie?

I don't think it's a newbie. I've come to the exact same conclusion. There is always a squeeze before a jump. I've been caught by it twice. Never again.

How low do you think a squeeze could push the price down to?

We may be at the bottom, but if a catastrophic event happens (which Murphy's Law says it will) then I'm guessing 580 and then the Rule of Thirds spike down to 560 if it is a long downturn. Something bad is going to happen because I don't see anything really good happening until Fall.

thrax

sr. member

Activity: 253

Merit: 252

Wouldn't we get better advice off a hero member rather than a newbie?

I don't think it's a newbie. I've come to the exact same conclusion. There is always a squeeze before a jump. I've been caught by it twice. Never again.

How low do you think a squeeze could push the price down to?

cbeast

donator

Activity: 1736

Merit: 1014

Let's talk governance, lipstick, and pigs.