Bitcoin will go up forever!! ......lol?

Red-Apple

hero member

Activity: 1470

Merit: 655

Quote from: r0ach on May 29, 2016, 11:28:38 AM

Price will never be under $500 again on Finex. R.I.P. bears. Once people figure out the downside right now is extremely small, up we go again. $600 soon.

i couldn't agree more.
i have a feeling that the history is repeating itself for a third time. and just like back in those days people couldn't see $1 and $100 anymore this time we will never see $500 anymore.

Quote from: Bit_Happy on June 16, 2016, 09:26:37 AM

Question:
Are we now seeing the type of action I had in mind when starting this thread?

Answer:
No, since it it still very early.
When we see the "Bitcoin will go up forever!" action the Bears will be panicking and the market will rise rapidly for at least ~9 days in a row.
Enjoy.

you are talking to yourself Grin

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Question:
Are we now seeing the type of action I had in mind when starting this thread?

Answer:
No, since it it still very early.
When we see the "Bitcoin will go up forever!" action the Bears will be panicking and the market will rise rapidly for at least ~9 days in a row.
Enjoy.

Piltover

sr. member

Activity: 364

Merit: 250

Quote from: RyNinDaCleM on May 29, 2016, 11:02:57 AM

Quote from: Bit_Happy on May 29, 2016, 10:55:55 AM

Have you ever been on the wrong side of a 7+ day Bull move?
Are you looking forward to when the major Bull move finally comes around again, and are we seeing the Big One starting to heat up now?

I have been on the wrong side at times, but never for 7 straight days of heavy movement.
I still do not think this is the big bull, yet. A significant move, yes, but not THE bull.

It is not going up forever and it is really hard to predict for what the value will be and that is the problem of the Bitcoin because you have also to know that it is a currency so it is hard to predict.
But you see now indeed that Bitcoin is going to be more worth and that would be really nice but we cant still calculate what is going on with the value because the halving is also coming.

zimmah

legendary

Activity: 1106

Merit: 1005

Quote from: OmegaStarScream on May 29, 2016, 12:33:39 PM

I don't think It's going to reach anything above 600$ anytime soon. I know that it keep rising but It's without any logical reason which make me worried instead of being happy .
Please don't fool yourselves by saying it's because of the halving because it's not , I don't see why would people start buying in this time specifically so the logical explanation would be: Exchange Manipulation which won't last long .
And yes , It's going to fall once again . Even if it doesn't now , It will now after the halving because people will be hungry for a fast profit and they will all dump at the same time which will cause a price decrease .

If you would actually read about world news a bit more you'd know the bubble started exactly when the yuan devalued.

China is leading this run, and because of arbitrage the other markets run closer.

It seems China isn't done buying yet either. So this run might continue for a few more days at least.

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Quote from: Denker on May 29, 2016, 12:28:02 PM

Quote from: Bit_Happy on May 29, 2016, 10:55:55 AM

(Based on history) When a major Bull market move finally develops, Bitcoin will go up 7,8,9, sometimes even 10 or more days in a row.
Bitcoin will not literally go up forever, but if you are short (or in way too much cash), and looking for a big correction, it will feel like an eternity.

Have you ever been on the wrong side of a 7+ day Bull move?
Are you looking forward to when the major Bull move finally comes around again, and are we seeing the Big One starting to heat up now?

So that means we might move upwards at least until friday, based on history and a minimum of a 7 days bull run?!
If that should really happen $600 would be a likely scenario.
The correction after that is the big unknown. So close to halving I don't expect to fall back below $500 for a significant amount of time.

The type of move I'm talking about is more like the "heart of a Bull" (not this week, but possibly forming)
Near the top you get exciting pushes in both directions.
During the "heart" you see literally "7,8,9, sometimes even 10 or more days in a row" of endless up moves.
Pretty scary, huh? Cheesy

spazzdla

legendary

Activity: 1722

Merit: 1000

Quote from: harizen on May 29, 2016, 12:35:27 PM

Chinese manipulators started this in other exchanges.

So it's obvious what will be the next scene in other exchanges after succesfully pushing the trend from most of their exchanges.

Arbitrage .. of coarse one market is pulling the others.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Chinese manipulators started this in other exchanges.

So it's obvious what will be the next scene in other exchanges after succesfully pushing the trend from most of their exchanges.

ajareselde

legendary

Activity: 1722

Merit: 1000

Satoshi is rolling in his grave. #bitcoin

Quote from: r0ach on May 29, 2016, 11:28:38 AM

Price will never be under $500 again on Finex. R.I.P. bears. Once people figure out the downside right now is extremely small, up we go again. $600 soon.

this is how i see it

when china i leading the race with insane advantage, wait for others to pick up with the price and sell then
when price on btc-e suddenly rises and catches up, or catches up and bypasses chineese exchanges - sell
when price starts moving starting from exchanges like bitstamp and btc-e first - buy or hodl.

OmegaStarScream

staff

Activity: 3500

Merit: 6152

I don't think It's going to reach anything above 600$ anytime soon. I know that it keep rising but It's without any logical reason which make me worried instead of being happy .
Please don't fool yourselves by saying it's because of the halving because it's not , I don't see why would people start buying in this time specifically so the logical explanation would be: Exchange Manipulation which won't last long .
And yes , It's going to fall once again . Even if it doesn't now , It will now after the halving because people will be hungry for a fast profit and they will all dump at the same time which will cause a price decrease .

Denker

legendary

Activity: 1442

Merit: 1016

Quote from: Bit_Happy on May 29, 2016, 10:55:55 AM

(Based on history) When a major Bull market move finally develops, Bitcoin will go up 7,8,9, sometimes even 10 or more days in a row.
Bitcoin will not literally go up forever, but if you are short (or in way too much cash), and looking for a big correction, it will feel like an eternity.

Have you ever been on the wrong side of a 7+ day Bull move?
Are you looking forward to when the major Bull move finally comes around again, and are we seeing the Big One starting to heat up now?

So that means we might move upwards at least until friday, based on history and a minimum of a 7 days bull run?!
If that should really happen $600 would be a likely scenario.
The correction after that is the big unknown. So close to halving I don't expect to fall back below $500 for a significant amount of time.

fravia

hero member

Activity: 770

Merit: 500

CryptoTalk.Org - Get Paid for every Post!

Quote from: r0ach on May 29, 2016, 11:28:38 AM

Price will never be under $500 again on Finex. R.I.P. bears. Once people figure out the downside right now is extremely small, up we go again. $600 soon.

of course the price will not fall any more, im a bit sad when i think about the people who did not buy their bitcoins at the time when the price was lower because it wont be that low any more

hopefully the price will reach a new all time high this year, that would surely be a good sign in my opinion because that would mean that more people would jump into it

r0ach

legendary

Activity: 1260

Merit: 1000

Price will never be under $500 again on Finex. R.I.P. bears. Once people figure out the downside right now is extremely small, up we go again. $600 soon.

~Bitcoin~

legendary

Activity: 994

Merit: 1000

Quote from: umaOuma on May 29, 2016, 11:03:58 AM

Price has gone really high in quick time and majority of us are not ready to accept it yet, but yes I think price will not fall now it will keep on moving up.

May be some gravity may act on bitcoin price as normal rule says what goes up should come down. But really this price is unexpected and risen within 2 days so may get dumped a little bit but i think it will not get under 500$ after this bull market end.

umaOuma

hero member

Activity: 938

Merit: 1000

Price has gone really high in quick time and majority of us are not ready to accept it yet, but yes I think price will not fall now it will keep on moving up.

RyNinDaCleM

legendary

Activity: 2408

Merit: 1009

Legen -wait for it- dary

Quote from: Bit_Happy on May 29, 2016, 10:55:55 AM

Have you ever been on the wrong side of a 7+ day Bull move?
Are you looking forward to when the major Bull move finally comes around again, and are we seeing the Big One starting to heat up now?

I have been on the wrong side at times, but never for 7 straight days of heavy movement.
I still do not think this is the big bull, yet. A significant move, yes, but not THE bull.

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

(Based on history) When a major Bull market move finally develops, Bitcoin will go up 7,8,9, sometimes even 10 or more days in a row.
Bitcoin will not literally go up forever, but if you are short (or in way too much cash), and looking for a big correction, it will feel like an eternity.

Have you ever been on the wrong side of a 7+ day Bull move?
Are you looking forward to when the major Bull move finally comes around again, and are we seeing the Big One starting to heat up now?

Topic: Bitcoin will go up forever!! ......lol? (Read 731 times)