Topic: Bitcoin might rise over 200 unexpectedly soon (Read 7307 times)

Oh...rlly?

i will tell my grandkids it started with this thread....

the hyena´s dream. award winning.

Gives belayed credit to a dream

Congratulations!  Please tell us more and do some astral investigation, you have a gift.

BTW, how old were you when the price went over 100K?  Just wondering...

Mmmm discipline so valuable in BTC waits patiently for my personal sell wall

bitstamp 200 $

you might be right, darling

will hit 300 at max, 280 probably, then go down to 150-180

Yes i think it's gonna be over 200 soon!!!

€€€€€€€€€€€€€€€

I think we Beat the all time hi end of next week!

I thought the rise was surprisingly slow, it was also slower than your chart showed by about a factor of ~8.

Unimpressed.

Well 200 is reached on gox now for the others to catch it

It took... 30 to 45 hours, lol

+1 I'm intrigued to say the least. Eerily accurate dream.

To the OP: your ideas are intriguing to me and I wish to subscribe to your newsletter.

Remarkably accurate. Not just the price target but the speed at which we cleared 150-200.

God, have reached.

i guess you saw the light ! let´s make btc a religion & you are the first priest.

Yes, in that dream the price went past 200 with no problem but the charts I got to see were 200+. It does not mean the price won't go to 400 because the message of the dream was precisely "150-200 range will be over very quickly". Thus, I can't say anything about 400 and I haven't got another dream

However, now it is good time to recall one of my earlier btc related dreams. In that dream bitcoin's price went to 10k $ and I felt ecstasy. I hurried to the exchange to get a couple of bitcoins into fiat for my material needs. However, by the time I got to my private keys the price was already in the range of 100k - 1000k and I felt positive panic to get to the exchange even faster. Turned out that the price was in a bubble and by the time I got to the exchange it had already corrected itself but was still out of Earth's orbit (100k+ $ prices). That dream however said nothing about dates and the main message was panic and ecstasy We're still waiting for it to come true.

well done hyena, nice job.

and now... could you please go to bed and keep dreaming ?!???!!

it did in china 1325 yuan / 6.09 USD =  ~217 USD/BTC

OP you may want to change the subject of the thread to $400 instead of $200....

Today 7 days after this dream we can already say that we've reached 200 and indeed it was unexpectedly fast. I now believe that sometimes I see future in my dreams.

Do you know what would be the exact opposite of surprising?

If the space between $158.49 and $199.53 took between 30.3 and 34.5 days to cross.

It wouldn't be surprising because based on price history to date*, that's how much time it takes on average to span a tenth of a decade.



*past results are no guarantee of future performance.

OR IT COULD EXPECTEDLY STAY BELOW 150

Cameras are to superstition what crosses are to vampires...

Not sure how much of your reply is an obvious joke but in case you didn't get my point then imagine this:
You see a dream where you are extremely happy about something related to bitcoin. Now what would that be that could make you very happy about bitcoin? The answer to this rhetorical question is the actual prediction. The emotions are just a hint.

I believe there are not many people that get exact predictions in their dreams. I know one however. A female friend of mine saw a very detailed dream of another woman. The face, the name and a message in russian language "развод". She didn't know what that word meant. However, soon it turned out that her husband was cheating her with the same exact woman that appeared in her dream and she was shocked when she found out that "развод" means divorce. Dreams are not a joke, be glad if you get to see them. It gets even more awesome when you get to experience lucid dreaming and astral travel but I will save these stories for another time

Holy shit, you predicted your emotions!?
Are you some sort of pan-dimensional being with, like, superpowers and stuff??

@cypherdoc where can I get this logarithmic chart? One for Bitstamp would be nice....

Meanwhile the BIT now has a nice return since launch. 11% in 3 weeks, nearly 600% annualized. Not a bad start.

October 15, 2013:$14.31
October 14, 2013:$14.27
October 11, 2013:$13.03
October 10, 2013:$13.14
October 9, 2013:$13.03
October 8, 2013:$12.52
October 7, 2013:$12.77
October 4, 2013:$12.63
October 3, 2013:$11.70
October 2, 2013:$11.86
October 1, 2013:$13.22
September 30, 2013:$13.26
September 27, 2013:$13.35
September 26, 2013:$12.67
September 25, 2013:$12.88

I too love thinking logarithmically about this. By my analysis, we've plateaued a couple of times for long periods after a tenfold increase. The latest plateau appears to be over.

As I'll never forget you saying a while back, "We've got to get going ".

   
 

A year and two months for every tenfold increase. $2000 by Feb. 2015, $20,000 by Spring 2016, trillion-dollar market cap a few months later. So like 3 years to mainstream adoption. I can dig it.

Conservative I would call the line that touches the bottoms.

A conservative outlook:

thanks

I agree, quick changes of price is very likely now, but both ways 

edit:

fucked up trying to quote



thanks for self critical analysis

Glad you guys missed me

I admit I am very surprised how quick and strong the price recovered after the SR crash. I would have expected a much deeper and much longer correction. However, price is now going up parabolically again, sentiment is getting overly confident: victory songs popping up, bears being mocked. Short term all indicators to buy sell. For the coming months I still estimate chances we get another correction to below $100 much higher than going into another tenfolding.


That being said I have come to the insight that my strategy is indeed no good. My returns on bitcoin are now lower than a buy and hold (1080% for 2013 vs 1200% for buy and hold), I only have half the coins I started with and a bunch of fiat. I worry that the price will continue to go up and I will be left behind.

If I could do it all over I would follow cypherdoc his advise to buy more in February 2013 when it was breaking the old all time high of $30 from 2011, and to never sell a single coin but simply buy and hold. Easier because no trading needed, less counterparty risks, less taxable events, and eventhough much more volatile, very likely also much more profitable. My counterarguments against a buy and hold: 'risk management' I no longer support. Sure I could have sold some coins as to lock in some profits but half? *shrugs head*

Lesson learned. Thank you all for helping me see.


What to do now? Buy back the coins and make large losses if $60 were to be hit? Or continue to wait for a correction to $60 that may never come?

I'll take the middle road. I'll raise my fiat canons to above $90, instead of above $60. And this time I'll charge them sufficiently as I hadn't done so on the recent SR correction and due to this could only buy a few.


As to defend against the characterizations made of me.

Cypherdoc, when proven wrong I prefer a man of silence over a man that does not take ownership.

Zerg, though I have certainly been a bear most of the time since it first crossed $150, I have always remained open to a relaunch into new all time highs, and have turned bullish every time the price had corrected sharply. In my trading as well as analyses here. You throwing me into the bear camp like EM seems not nuanced to me. Am I misrepresenting myself or are you overconfident or angry? Where have I spoken irrational?

Since the rocket is about to take off where are the rocket pictures? 

one $ one day, just one month after the price would reach $200

I see 162.99 

why so pessimistic ? end of M O N T H  


who called it ?!!!!!   

Currently, MtGox: $159.50. It would probably break through $200 by end of year.

careful.  you might be deleted.

lol, the day trading speculator!

the silence is deafening.

this is true!

Source: Dream

A bunch of people bought bitcoins 

EDIT: To be specific, those people bought more bitcoins than they sold.

Big boost today.

what happened?

This could last for a while. All we need is a few days of returns like this (which we've had) and the Chinese are going to be pouring in. Kind of like back in Jan-April when everyone noticed the gains and jumped on. Remember - the Chinese are actually LESS responsible investors than we are. They don't care about the risk that it's a huge unsustainable bubble! They have thousands of brand new empty buildings built with real estate bubble money from the middle class and the government, that no one can afford to live in.

Their real estate bubble is formidable compared to ours, and it hasn't popped yet... their BTC bubble will be equally formidable.

...Or, it could crash tomorrow and resume a slow, agonizing bear market down to $30.
...Or, an anvil could fall on your head tomorrow and you'll never know what happened.

 

Anyone saw BrightAnarchist aka "I'm short everything because autumn" lately?

The SR bust signalled the start for the next bubble the same way Pirateat40 did, by showing the antifragiliy of BTC. The peak will come within the next 12 months for sure.

My last bitcoin related dream actually manifested. About half a year ago I dreamed that my BFL ASIC finally arrived and in that dream I felt like I coudln't care less as if I received some piece of junk. Last month I received the ASIC and the emotions were exactly the same as they were in the dream I saw 6 months earlier

To me there is no gamble anyway so the last night's dream is just an interesting event as I don't get to see bitcoin related dreams very often. I'm in since the single digits and won't cash out before the next order of magnitude so 200+ leaves me quite cold. Nevertheless, it will be interesting to see whether this speculation actually manifests. If it does I should start taking my dreams more seriously

200 is reasonable, also where can I get the tea tea leaves you are buying with BTC for these predictions, can't seem to find them for sale for BTC.  Are they the same ones used in New York  

On the contrary, many great events have been perceived in dreams before they happened. The subconscious is much more powerful than the conscious mind.

Last night in *my* dream a CIAAA Road Service agent helped me and some other folks get away after a heist by throwing a blue blanket over us, enclosing us in some sort of transdimensional bubble, bright blue and shimmering, which bullets couldn't pass through.

I'm not sure dreams are very useful for predicting the future.

Shoot where did Gage put the prediction thread Blitz makes good quoting XD

Don't forget about our friendly bearish moderator Blitz.

Hold on... he may not be the LAST bear.  Has the ir-rationalSpeculator bought back yet???

So, wait.... Inception?

Remember what happened when proudhon turned bull? Now ElectricMucus thinks "the bubble" will be "reinflated"...

...


...


SELL! SELL! SELL!

 

(i guess i panic sell now)

It has become kind of likely that the bubble can be re-inflated over a short period of time. 200 is laughable, if it does we will get new a new ATH pretty soon. (Before end of the year)

There you go I've said it, go nuts. 

+1

I Lol'd

You do know that making your dream known to the public will make it not come true right? It's simple quantum physics, the moment an observer takes note the wave function collapses.

When I was about 12 years old I had a strange dream once. I woke up and reflected upon it, after which I completely forgot about it again. A few weeks later what I dreamed about happened before my eyes exactly as I had dreamed it, like a deja vu only this time I remembered dreaming about it. Coincidence or not, I thought it was quite interesting and reading this made me think about that again.

Price will stagnate at 160 or 1000 cny similar to 100 usd and 140 or 100 euro

Seems legit. I'm convinced.

There are three possible reasons for this dream;

1) The dream was a fulfilment of your conscious desire for the price to rise quickly.

2) Your subconscious has noticed something you aren't consciously aware of, and it's informing you of its perditions.

3) The rapid price rise in your dream is actually a symbolic fulfilment of some other repressed desire.


My btc is on number 1.
  

I had a dream that someone had a dream about dreaming the price about reach 200+ very soon. When I awoke I realized I was still dreaming, but I found this post about your dream. I don't believe I am awake even while writing this but I do hope that Bitcoin is over 200 in the nearish future.  

I did quote you in this link. Latin & Spanish member may be get surprised in this.

Stop dreaming, it might go to the opposite direction

Nice topic. Me like!

i have that same dream every night... but then i wake up and realise i've been goxxed 

i had the same dream last night 

i go to work. shitty weather. where is my coffee ? turn on pc, check mail...  hm... check clarkmoody mh... still around 150... check bitcointalk... nothing new here...  check speculation subforum...  "bitcoin might rise over 200 unexpectedly soon"

better than coffee  

edit: typo

you had a dream? Seriously? 

I think it just a difficulty and trend lag indicator
Spike in difficulty and the price slowly drifts up with it later same with interest
http://thegenesisblock.com/bitcoin-network-doubles-2-phs-four-weeks-first-1-phs-took-4-7-years/
http://www.google.com/trends/explore?q=bitcoin#q=bitcoin&cmpt=q

It would fit with the theory that a bull-flag breakout should look similar to the "flagpole".

Manifest Destiny 

Tonight I saw a dream that the 150-200 range will be over very quickly and the next stop is 200+ prices. The main message of that dream was not 200+ prices but the fact that 150 .. 200 range will be conquered surprisingly fast. One might wonder what is the time period for surprisingly fast. My wild guess was a month but it can be longer as the dream didn't say anything about exact dates - just the fact that it would happen quickly.


EDIT, added this chart for comparison: