Topic: bitcoin when will it go back up? (Read 2532 times)
A breach of the 480 usds at Bitstamp would be a positive indicator (breaching a bearish trend line that starts at 907, touchs 712 and 541), but I have no clue when that will happen. It might go lower before going up.
Take a look at the trend line on http://www.cryptocoinstats.com/priceforecaster.php
We're currently far below the regression line.
We're currently far below the regression line.
I'm not really sure of the viability of that model, as I don't know how expected price is determined, but looking at the past shows that there are very long periods in between spikes where the price stays below the regression line.
June 6th. 2014 at 11:12 AM
Off by about a week:
June 13, 2014 at 11:30AM EDT
Take a look at the trend line on http://www.cryptocoinstats.com/priceforecaster.php
We're currently far below the regression line.
We're currently far below the regression line.
..... After all the holding speculators give up, and start spending coins. Speculation won't make the price go up if new buyers aren't showing up. New buyers only show up when the trend is going up. The trend doesn't go up unless BTC shows it has value by being used.
Selling makes the price go down. Presently all retailers of any note cash out to fiat instantly. Holding and buying is what causes the price to go up.Even if all of us Hodled, price would still go down as new coins are coming in everyday. This might be a slow year, but I am in no hurry.
Looks like people are done releasing old coins from cold wallets. When bitcoin days destroyed 7 days average has been as low as today, there has been good times to buy the last two years.
After all the holding speculators give up, and start spending coins............
Selling makes the price go down. Presently all retailers of any note cash out to fiat instantly. Holding and buying is what causes the price to go up."of note" is key. I own a small shop (see sig) and we hodl BTC. If only the big guys would do so...
what if you run out of inventory? whatever it is you sell, you must resupply. the lower your margins, the less btc you can keep unless you can pay your supplier in btc, which for most businesses is not a reality (yet).
I know this been asked before but when will it go back up?
Never, the game is over.
I know this been asked before but when will it go back up?
Never, the game is over.
Q: bitcoin when will it go back up?
A: all I can do is to predict.
And my prediction is:
Its likely that my prediction will miss the real price development on many candles but I think (in the big picture) the price will drop more in the next months.
I predict the bottom is reached late summer to xmas.
A: all I can do is to predict.
And my prediction is:
Its likely that my prediction will miss the real price development on many candles but I think (in the big picture) the price will drop more in the next months.
I predict the bottom is reached late summer to xmas.
Update of my yesterday chart
mid/end june or beginnin juli
After all the holding speculators give up, and start spending coins............
Selling makes the price go down. Presently all retailers of any note cash out to fiat instantly. Holding and buying is what causes the price to go up.
After all the holding speculators give up, and start spending coins............
Selling makes the price go down. Presently all retailers of any note cash out to fiat instantly. Holding and buying is what causes the price to go up.
i'm hoping for some upward movement after summer, the time before christmas. it will have been a year in between bull runs.. which is not indicative of how it's been going the past few years.
After all the holding speculators give up, and start spending coins............
Selling makes the price go down. Presently all retailers of any note cash out to fiat instantly. Holding and buying is what causes the price to go up.
3rd May
..... After all the holding speculators give up, and start spending coins. Speculation won't make the price go up if new buyers aren't showing up. New buyers only show up when the trend is going up. The trend doesn't go up unless BTC shows it has value by being used.
Selling makes the price go down. Presently all retailers of any note cash out to fiat instantly. Holding and buying is what causes the price to go up.
..... After all the holding speculators give up, and start spending coins. Speculation won't make the price go up if new buyers aren't showing up. New buyers only show up when the trend is going up. The trend doesn't go up unless BTC shows it has value by being used.
I think after fifa world cup the price will raise to the 600-700.
June 6th. 2014 at 11:12 AM
you made a mistake, its PM
When something else bad happens economically/politically that shakes confidence in fiat.
wrong, it doesnt have that role yet. Confidence in fiat cannot be lost just like that, instead, confidence in certain currency that is controlled by a specific government. Am sure Bitcoin will rise when a major organisation such as facebook announces that it will accept it as a form of payment. thats when it will be like boom,am hoping its not too soon because i have not stocked enough BTC
June 6th. 2014 at 11:12 AM
Just give up HODLING and admit you have been taken for a ride by some big spenders, it will not go up for atleast another year.
you make it sound like holding an investment for one year to see gains (and if bitcoin's past is any indication... huge gains) is a valid reason to just give up 
I'd hold for 10 years to get the kind of returns bitcoin saw last year!
Same plan buddy, I plan to HODL for a long long time.
Just give up HODLING and admit you have been taken for a ride by some big spenders, it will not go up for atleast another year.
you make it sound like holding an investment for one year to see gains (and if bitcoin's past is any indication... huge gains) is a valid reason to just give up I'd hold for 10 years to get the kind of returns bitcoin saw last year!
hopefully you won't have to but I plan on giving BTC away in my will. I may sell some over the next few years, but I'll be hodling some BTC until my death or it's death, whichever comes first.
Just give up HODLING and admit you have been taken for a ride by some big spenders, it will not go up for atleast another year.
you make it sound like holding an investment for one year to see gains (and if bitcoin's past is any indication... huge gains) is a valid reason to just give up I'd hold for 10 years to get the kind of returns bitcoin saw last year!
Just give up HODLING and admit you have been taken for a ride by some big spenders, it will not go up for atleast another year.
I hope so. Got a few months left to pay my debt before I can start buying again. May the bearwhale be with me. 
nobody knows mate
if they know, they will get profit from that
just hold and see what happen next, and pray BTC prices will go up
if they know, they will get profit from that
just hold and see what happen next, and pray BTC prices will go up
I know this been asked before but when will it go back up?
Not today
it will not go up for atleast another year.
Maybe, maybe not. 
Just give up HODLING and admit you have been taken for a ride by some big spenders, it will not go up for atleast another year.
After you see a very obvious reversal pattern on the weekly chart
How would it look like? Can you show us a statistical prove, that this kind of patterns works?If the success rate isn't higher than 50%, you could do a coinflip instead.
After you see a very obvious reversal pattern on the weekly chart - not something wishy washy and speculative.
When something else bad happens economically/politically that shakes confidence in fiat.
If only it were as easy as asking.
Nobody knows.
I know this been asked before but when will it go back up?
Jump to: