Bitcoin Forecast, Bitcoin Speculation & Bitcoin Technical Analysis. Up or DOWN? - page 42.

Vladimir

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Quote from: S3052 on July 14, 2012, 03:34:49 AM

Even 100 $ this year can be realistic.

Totally agree with this sentiment (it is to be expected from me). Not on some TA basis but based on fundamentals I believe that Bitcoin is grossly undervalued by the market. I am not worried at all about Bitcoin part of my portfolio and I think up to 30% of one's investment portfolio shall be be allocated to Bitcoin. I, personally, would want to have more than 30% because most other asset classes are just plain scary these days, but it would be bad to be too concentrated.

S3052

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Quote from: bitcoinBull on July 14, 2012, 01:17:51 AM

Quote from: S3052 on July 14, 2012, 01:02:32 AM

Quote from: S3052 on July 09, 2012, 02:14:12 PM

clearly, 7.22 is resistance and prices may pause there for a while, but as I explained in the subscriber section, this is not required for many reasons.

As per "plan" bitcoin prices sliced through 7.22 like butter.

Good call. I expected the same, seeing most of the resistance take place around $6.8.

What's your opinion on the lack of effect of the latest Bitcoinica loss? Others have mentioned, the market seems to have written it off without much of a sell-off, which rather surprised me. It leaves me wondering if there could be a delayed response to these kinds of news events. I can't decide yet if it was good or bad that it happened right after making the year's new high.

Thanks.
And your question is a good one.
In our p.o.v., bitcoin prices have entered a major rally phase and fundamental news like the one we had yestetrday are lready priced in.
What we observe as well is that we get .any more twittter followers from the financial world (hedge funds, analysts, press, traders, bankers) . Those folks seem to increasingly start (thinking about) investing into bitcoins.
If this gets more traction, we will see more and more surprises to the upside - and a rally like the one we saw last year cam repeat itself easily.
A +30 $ rise can be achieved within weeks... And only the ones who get funds into the exchanges quickly will be ahead of the game.
Even 100 $ this year can be realistic.

bitcoinBull

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rippleFanatic

Quote from: S3052 on July 14, 2012, 01:02:32 AM

Quote from: S3052 on July 09, 2012, 02:14:12 PM

clearly, 7.22 is resistance and prices may pause there for a while, but as I explained in the subscriber section, this is not required for many reasons.

As per "plan" bitcoin prices sliced through 7.22 like butter.

Good call. I expected the same, seeing most of the resistance take place around $6.8.

What's your opinion on the lack of effect of the latest Bitcoinica loss? Others have mentioned, the market seems to have written it off without much of a sell-off, which rather surprised me. It leaves me wondering if there could be a delayed response to these kinds of news events. I can't decide yet if it was good or bad that it happened right after making the year's new high.

S3052

legendary

Activity: 2100

Merit: 1000

Quote from: S3052 on July 09, 2012, 02:14:12 PM

clearly, 7.22 is resistance and prices may pause there for a while, but as I explained in the subscriber section, this is not required for many reasons.

As per "plan" bitcoin prices sliced through 7.22 like butter.

S3052

legendary

Activity: 2100

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clearly, 7.22 is resistance and prices may pause there for a while, but as I explained in the subscriber section, this is not required for many reasons.

ArticMine

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Monero Core Team

Based on the trading activity in January of this year I see 7.2 USD as a resistance point.

S3052

legendary

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Quote from: Grouver (BtcBalance) on July 09, 2012, 04:35:32 AM

Quote from: S3052 on July 09, 2012, 04:33:08 AM

the rally is on...

What does the community think the next resistance is ?

$7 (see mtgoxlive)

the order book sometimes fools traders.
The next bigger resistance is 10 $.

What do others think?

Grouver (BtcBalance)

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Quote from: S3052 on July 09, 2012, 04:33:08 AM

the rally is on...

What does the community think the next resistance is ?

$7 (see mtgoxlive)

S3052

legendary

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the rally is on...

What does the community think the next resistance is ?

S3052

legendary

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All forecasts from yesterday's newsletter for subscribers on track:

Silver
Stocks
Bitcoin

Check out www.bitcoinbullbear.com for the anniversary promotion and become a subscriber

S3052

legendary

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Weekly Bitcoin Forecast Newsletter just sent out to subscribers.

Also, we celebrate our first birthday with the subscription service:

http://www.bitcoinbullbear.com/

S3052

legendary

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What do you expect bitcoin prices to do over the next weeks?

VOTE HERE NOW.

The poll is reset.

Of note: I will issue a public sentiment review after enough people voted - so that all get something in return.

S3052

legendary

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Just a quick update on forecast accuracy:
Since our strategic BUY trading option was triggered, bitcoin prices are up +25%.

People who like to get into the August subscriptions pool, can send an email to [email protected]

A key benefit of our service (apart from the proven forecast accuracy) is that you do not necessarily need to read emails every day, we do the work for you. Sometimes we give many updates per week, but if there is too much noise, you can relax and don't need to look at unnecessary analyses.

S3052

legendary

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Quote from: Crypt_Current on June 28, 2012, 09:27:15 PM

Quote from: S3052 on June 28, 2012, 01:36:05 PM

Just sent the weekly newsletter to subscribers. A HELL OF AN EXCITING TIME for people involved in bitcoins

I haven't subscribed to your service for some weeks now, but this makes me glad to still be involved with Bitcoin... I like excitement! Grin

I guess everyone likes excitement Wink

Crypt_Current

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Shame on everything; regret nothing.

Quote from: S3052 on June 28, 2012, 01:36:05 PM

Just sent the weekly newsletter to subscribers. A HELL OF AN EXCITING TIME for people involved in bitcoins

I haven't subscribed to your service for some weeks now, but this makes me glad to still be involved with Bitcoin... I like excitement! Grin

S3052

legendary

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Just sent the weekly newsletter to subscribers. A HELL OF AN EXCITING TIME for people involved in bitcoins

molecular

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Quote from: Spekulatius on June 24, 2012, 06:30:57 PM

I dont think it had any measurable effect on bitcoin prices

Well, the customers can't get to their money... what kind of effect did you expect?

Spekulatius

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I dont think it had any measurable effect on bitcoin prices

molecular

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Quote from: ?? on ??

Quote from: proudhon on June 22, 2012, 01:11:57 PM

Quote from: ?? on ??

I am thinking this little dip has been helped along by the RBS fiasco.

RBS fiasco?

Royal Bank of Scotland. They applied a bad software patch leaving many of their customers without access to funds. It probably won't be fixed until Monday.

You see the effect most markedly in the intrsngGPB and mtgoxGPB. There are some arbs using RBS that are having trouble moving funds.

a bad patch?? are you sure it's a "computer problem" Huh

RUN TO THE BANKS!

proudhon

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Quote from: ?? on ??

I am thinking this little dip has been helped along by the RBS fiasco.

RBS fiasco?

Topic: Bitcoin Forecast, Bitcoin Speculation & Bitcoin Technical Analysis. Up or DOWN? - page 42. (Read 540249 times)