Zero very soon.
Topic: BTC = $500 in February - page 3. (Read 6551 times)
Zero very soon.
That chart i posted is long-term BULL in consistency with an S Curve, however the analysis is in regards to a large dip short term, potentially to $500.
Keep in mind that the usual S-curve only looks S-shaped in a linear scale. The upward leg is an exponential function, so in a log scale it just looks like a line. The final flattening of the S-curve also looks like a flattening in log scale.
So bending upward as you seem to believe is necessary for the S-curve does not necessarily happen in a log scale.
Edit: Anyway, the first chart in the thread makes sense to me. Not saying that it must turn out like July 2013, but it is clearly one of the most likely scenarios.
The timewave is about to collapse as Bitcoin boosts the maximum innovation!
Explanation: http://www.youtube.com/watch?v=fZcegU0Q1Vo
I don't even...whaaat?
The timewave is about to collapse as Bitcoin boosts the maximum innovation!
Explanation: http://www.youtube.com/watch?v=fZcegU0Q1Vo
It went up so fast that it created a yellow candle on the chart. Yellow candles are even better than green ones
. $5000/btc confirmedThat chart i posted is long-term BULL in consistency with an S Curve, however the analysis is in regards to a large dip short term, potentially to $500.
It went up so fast that it created a yellow candle on the chart. Yellow candles are even better than green ones
. $5000/btc confirmedI think in any case an exponential log chart illustrates the end of the world
It went up so fast that it created a yellow candle on the chart. Yellow candles are even better than green ones
. $5000/btc confirmed 
derfinitely
I could create a thread titled:
BTC = $5000 in February
And show a random chart created by a random guy on internet. That will show them.
BTC = $5000 in February
And show a random chart created by a random guy on internet. That will show them.
I don't care.
I think there is an outside possibility that this could come true, but I think there are too many people that have just recently heard about bitcoin and are just waiting with their fingers on the trigger to jump in. I think the amount of buy orders that would pour in during a massive sell off will keep us above $600. I could be wrong though.
I am hoping we just hold steady in the $775-$800 and slowly grow from there.
I am hoping we just hold steady in the $775-$800 and slowly grow from there.
Don't agree. My pet theory is that we had the first two bubbles which were bubbles, and this last so-called-bubble wasn't a bubble or a crash. I think of it more of a popularity boom, with big thanks to China.
If you read up about bubbles, then a "popularity boom" is exactly one of the conditions to be satisfied to create a bubble. 
Don't agree. My pet theory is that we had the first two bubbles which were bubbles, and this last so-called-bubble wasn't a bubble or a crash. I think of it more of a popularity boom, with big thanks to China.
Main reason I don't describe it as a bubble: the first and second bubbles the price rose too fast too soon, and also, Gox had a big part to play in both. This third not-bubble, I don't think the ATH price was unwarranted, I think it is was only supply and demand working well.
I did not see a crash happen and I don't see us going lower than $600, which is not a crash imho.
Further predictions (really out of a hat) : I think we will a bubble this summer, that will be a bubble (the 3rd god damnit!) with an ATH of $2400 falling to a then stable for another year price of $1600 - $1800. That will probably be seen as bearish.... truth be told each ATH blows my mind so I'll never doubt any numbers other folks have, like us going to $10,000 in 2016 or what not.
Main reason I don't describe it as a bubble: the first and second bubbles the price rose too fast too soon, and also, Gox had a big part to play in both. This third not-bubble, I don't think the ATH price was unwarranted, I think it is was only supply and demand working well.
I did not see a crash happen and I don't see us going lower than $600, which is not a crash imho.
Further predictions (really out of a hat) : I think we will a bubble this summer, that will be a bubble (the 3rd god damnit!) with an ATH of $2400 falling to a then stable for another year price of $1600 - $1800. That will probably be seen as bearish.... truth be told each ATH blows my mind so I'll never doubt any numbers other folks have, like us going to $10,000 in 2016 or what not.
Nice and true.
Thought i'd share this chart, compiled by litepresence a libertarian and excellent chart analyst who has been spot on pretty much every time. He has called every Bitcoin/Litecoin crash/correction since i've known him with amazing accuracy. This doesn't mean that the figure will be exactly $500, but it certainly means we are going to have a large dip within this month (followed by a bullish longterm trend).
Basically what this chart says is that February 2014 (potentially delayed to March) will play out similar to June 2013.
Basically what this chart says is that February 2014 (potentially delayed to March) will play out similar to June 2013.
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