Author

Topic: BTC = $500 in February (Read 6569 times)

legendary
Activity: 1918
Merit: 1018
March 01, 2014, 08:08:34 AM
#57
a lot of emotion on these boards.

sentiment and past patterns seem to indicate we are at (or at least near) the bottom.

it is amazing how the pattern keeps repeating.

Patterns keep repeating because traders are looking at previous patterns and bet accordingly so it is self-fulfilling  Wink

I wouldn't be surprise to see an other correction before a huge rally, something big, but maybe BTC in stronger than I think and we will not be this huge correction
copper member
Activity: 126
Merit: 100
The Ancient
sr. member
Activity: 308
Merit: 251
Giga
February 10, 2014, 05:28:34 PM
#55
a lot of emotion on these boards.

sentiment and past patterns seem to indicate we are at (or at least near) the bottom.

it is amazing how the pattern keeps repeating.

+1
sr. member
Activity: 378
Merit: 250
Super Smash Bros. Ultimate Available Now!
February 10, 2014, 04:29:43 PM
#54
a lot of emotion on these boards.

sentiment and past patterns seem to indicate we are at (or at least near) the bottom.

it is amazing how the pattern keeps repeating.
copper member
Activity: 126
Merit: 100
The Ancient
February 10, 2014, 04:24:26 PM
#53
Okay, I also agree it won't go lower than $400
Anyways, we will see  Grin
sr. member
Activity: 308
Merit: 251
Giga
February 10, 2014, 04:02:35 PM
#52
This time, I don't have the same conclusion as you.
The reason is simple, the trend that we are seeing right now couldn't be planned, this is IMO the direct effect on what's happening for Mt.Gox combined with the announcment of Russian's opposition on the use of bitcoin by major companies.

So, this trends may be harshened and get deepenth as we will reach the next week, due to the inital move that you predicted on the first post. I expect something like $400 - 450.

What I mean, in two words, is that this actual low Bitcoin is not the same forecast foreseen on your first post Smiley

as i stated in my latest post, i don't think it will go down "Significantly" below $500, i.e if we see another strong sell off, i don't see it any lower than approx $400-$450.

i disagree with the $100-$350 range usually mentioned here.

It does feel like dark times are ahead of us, but having lived through April's bubble that's usually when Bitcoin proves everyone wrong.
copper member
Activity: 126
Merit: 100
The Ancient
February 10, 2014, 03:50:09 PM
#51
This time, I don't have the same conclusion as you.
The reason is simple, the trend that we are seeing right now couldn't be planned, this is IMO the direct effect on what's happening for Mt.Gox combined with the announcment of Russian's opposition on the use of bitcoin by major companies.

So, this trends may be harshened and get deepenth as we will reach the next week, due to the inital move that you predicted on the first post. I expect something like $400 - 450.

What I mean, in two words, is that this actual low Bitcoin is not the same forecast foreseen on your first post Smiley
sr. member
Activity: 308
Merit: 251
Giga
February 10, 2014, 03:45:30 PM
#50
Bitstamp hit $530 , Mtgox $500. As predicted, this chart delivered and those who followed this analysis got an excellent buy-on-the-dips deal  Smiley

I don't see us going much lower than this, we are still in a downtrend compared to last week, but even if we do go down again it won't be anything significantly under $500. Unless something major creeps up in the coming days
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
February 10, 2014, 10:52:17 AM
#49
Not really.
Unfortunately it may look as a scam as it is not legit, but it won't be a scam, so I will create a new account  Undecided
Between, I got only one account here for the time being, shideneyu is me. Type my nickname on google, you will find my life.
But you don't care. So do i

You make me spit non sense indeed

When you tell people do not , they usually do. But I won't.
I managed to get across so much shitty stuff from goggling , so I use only for real purposes , not time wasting.
member
Activity: 84
Merit: 10
February 10, 2014, 10:45:58 AM
#48
Predictions so far (for 2014) range from 50USD (maybe less) per btc up to 10000USD. I am pretty damn sure the truth lies somewhere in between albeit the "in between" is miles apart. I believe its (btc) future is dependent on whether sovereign states may desire/decide to offer their greedy regulating hand in the meantime; also places like mtgox and others may regulate the environment indirectly through a) screwing or b) enabling a better environment for transactions. The acceptance of more e-currencies by the market will also be a large player in regulating the prices. This is one kind of a revolution as everyone is potentially a personal mint of coins with mintage numbers restricted merely by Code (unless Sovereign States decide this isn't so). February may be anything from 50 to 5000. Only God knows (if so).
copper member
Activity: 126
Merit: 100
The Ancient
February 10, 2014, 10:25:51 AM
#47
Not really.
Unfortunately it may look as a scam as it is not legit, but it won't be a scam, so I will create a new account  Undecided
Between, I got only one account here for the time being, shideneyu is me. Type my nickname on google, you will find my life.
But you don't care. So do i

You make me spit non sense indeed
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
February 10, 2014, 10:23:04 AM
#46
It felt at $572 today.

They were thinking you were a fool, the op.

They were not a believer. I was one  Grin

Interesting account you have there , registered in 2012 , and come out only to sprout non-sense just this month.

Yes indeed ! I just answer to interesting topics, and ooooooh for an unknown reason, I'm only answering here for the time being. I post only when it interests me.
I was dead for more than a year though, I abandonned this world.
You haven't ended to hear about me. I will sell something promising very soon  Grin

Already looking for the next scam in the marketplace. Success.
copper member
Activity: 126
Merit: 100
The Ancient
February 10, 2014, 10:19:36 AM
#45
It felt at $572 today.

They were thinking you were a fool, the op.

They were not a believer. I was one  Grin

Interesting account you have there , registered in 2012 , and come out only to sprout non-sense just this month.

Yes indeed ! I just answer to interesting topics, and ooooooh for an unknown reason, I'm only answering here for the time being. I post only when it interests me.
I was dead for more than a year though, I abandonned this world.
You haven't ended to hear about me. I will sell something promising very soon  Grin
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
February 10, 2014, 10:16:25 AM
#44
It felt at $572 today.

They were thinking you were a fool, the op.

They were not a believer. I was one  Grin

Interesting account you have there , registered in 2012 , and come out only to sprout non-sense just this month.
copper member
Activity: 126
Merit: 100
The Ancient
February 10, 2014, 10:11:45 AM
#43
It felt at $572 today.

They were thinking you were a fool, the op.

They were not a believer. I was one  Grin
hero member
Activity: 515
Merit: 506
Screw It, Let's Do It
February 10, 2014, 08:13:08 AM
#42
I was promised cheap coins Sad Where are they ?

here you go...... $102 cheap enough?

Too bad , just like gas at 0.02$ in available only in Venezuela , so were those coins available for a few seconds and only to people having buy orders at btc-e.

With bitcoin you allways have fiat and buy orders in place during a downtrend. Otherwise you are just unwilling to profit from cheap coins.
The cheap coins were available. Even 1 milisecond is enough for a limit buy order.

I've to thank the whale for this cheap coins. Got 5 times more than on any other exchange.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
February 10, 2014, 08:10:54 AM
#41
I was promised cheap coins Sad Where are they ?

here you go...... $102 cheap enough?

Too bad , just like gas at 0.02$ in available only in Venezuela , so were those coins available for a few seconds and only to people having buy orders at btc-e.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
February 10, 2014, 08:09:42 AM
#40
I'm gonna invest for the $500 drop, I believe in your data.

Wait for it , wait for it , go , go buy .
legendary
Activity: 1918
Merit: 1018
February 10, 2014, 08:07:47 AM
#39
I was promised cheap coins Sad Where are they ?

here you go...... $102 cheap enough?

He must feel pretty good, time worth spent trying looking at the prices; how much did he buy?
legendary
Activity: 924
Merit: 1001
February 10, 2014, 06:46:28 AM
#38
I was promised cheap coins Sad Where are they ?

here you go...... $102 cheap enough?
hero member
Activity: 546
Merit: 500
hm
February 10, 2014, 06:45:41 AM
#37
So according to OP and his internet friend now we're in for a bullish longterm trend? Or are we still waiting for BTC = $500 to happen?


I doubt we'll see any bullish uptreands until may or june

I think we're still going to see $500 (or near $500), i don't believe this is over yet.

Regardless, anyone with some fiat should've bought some stake in the recent dip to $619. The point of the chart is to indicate an good buying oppurtunity with a long-term bullish pattern.

ah and because of you chart gox reported this flaw and got problems with withdrawing? Gox did this, because of June last year. Yes!
member
Activity: 63
Merit: 10
February 10, 2014, 06:38:41 AM
#36
I was promised cheap coins Sad Where are they ?

rofl, one guy on BTC-e bought @102 just now.. instant 500% ROI

sr. member
Activity: 644
Merit: 250
February 09, 2014, 01:30:48 PM
#35
I was promised cheap coins Sad Where are they ?
copper member
Activity: 126
Merit: 100
The Ancient
February 09, 2014, 01:27:39 PM
#34
I'm gonna invest for the $500 drop, I believe in your data.
sr. member
Activity: 308
Merit: 251
Giga
February 09, 2014, 12:47:07 PM
#33
So according to OP and his internet friend now we're in for a bullish longterm trend? Or are we still waiting for BTC = $500 to happen?


I doubt we'll see any bullish uptreands until may or june

I think we're still going to see $500 (or near $500), i don't believe this is over yet.

Regardless, anyone with some fiat should've bought some stake in the recent dip to $619. The point of the chart is to indicate an good buying oppurtunity with a long-term bullish pattern.
legendary
Activity: 1330
Merit: 1000
dafar consulting
February 07, 2014, 08:57:06 AM
#32
So according to OP and his internet friend now we're in for a bullish longterm trend? Or are we still waiting for BTC = $500 to happen?


I doubt we'll see any bullish uptreands until may or june
copper member
Activity: 126
Merit: 100
The Ancient
February 07, 2014, 08:23:23 AM
#31
BOOM Cheesy

The op, you are awesome, thanks for everything

If you got new predictions, don't hestitate to tell us more, for the one who believe in you, such as myself  Wink
full member
Activity: 196
Merit: 100
February 07, 2014, 08:14:21 AM
#30
Admit it dude you just want free coins. We all want that => won't happen. Too many people are waiting for $700, I would imagine 10x more wait for $500.
Not going to happen.

Just had to quote you on that. In less than 24 hours too  Wink
legendary
Activity: 2124
Merit: 1013
K-ing®
February 07, 2014, 03:36:28 AM
#29
MtGox, apple........
newbie
Activity: 5
Merit: 0
February 07, 2014, 03:34:41 AM
#28
so prediction came true Cool Cool
sr. member
Activity: 280
Merit: 250
February 07, 2014, 03:26:18 AM
#27
Impressive.
sr. member
Activity: 308
Merit: 251
Giga
February 07, 2014, 02:06:24 AM
#26
As i expected, litepresence chart playing out pretty accurately so far  Smiley

I'm buying few coins on the dips !
legendary
Activity: 1918
Merit: 1018
February 06, 2014, 01:33:45 PM
#25
Admit it dude you just want free coins. We all want that => won't happen. Too many people are waiting for $700, I would imagine 10x more wait for $500.
Not going to happen.

All the persons that would buy in a dip and the flow of new buyers will definitely support the price in a dip but you cannot definitely rule out a dip since bad news&bad sentiment against Bitcoin could create a downward trend

I still think there is more upside potential that downside potential in the short run
legendary
Activity: 1795
Merit: 1208
This is not OK.
February 06, 2014, 12:19:17 PM
#24
Waiting for Proudhon confirmation.
newbie
Activity: 23
Merit: 0
February 06, 2014, 12:09:36 PM
#23
http://dreamflesh.com/img/essays/endofriver-tw3.gif

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?  Huh

Eat some magic mushrooms and it will all become clear.

Seriously, Google "terence mckenna timewave zero" and, um... enjoy?
legendary
Activity: 896
Merit: 1000
February 06, 2014, 11:25:59 AM
#22
With the way things are going at MtGox, I could see a large drop like that to occur. If they close down/stop trading I feel like the instability may cause a panic sell for a bit.



It'll bounce back quick though, so whatever.

If Mt. Gox did shut down, I personally don't think that would affect the price of BTC all too much. However, if a scandal will tons of collusion was discovered, I think that would be something that could drive prices down severely. I think horrible PR/public perception is a much stronger impetus than the shut down of a relatively archaic trading site.
sr. member
Activity: 433
Merit: 250
February 06, 2014, 10:57:50 AM
#21


The timewave is about to collapse as Bitcoin boosts the maximum innovation!
Explanation: http://www.youtube.com/watch?v=fZcegU0Q1Vo

+1

"the purpose of being a humanis to complexify reality even more.. to hand on more diverse, more complicated, more multiphasic universe to our children.. "
http://www.youtube.com/watch?v=oDm-dEbLOLs

Both good videos
Yna
newbie
Activity: 55
Merit: 0
February 06, 2014, 10:18:44 AM
#20
With the way things are going at MtGox, I could see a large drop like that to occur. If they close down/stop trading I feel like the instability may cause a panic sell for a bit.



It'll bounce back quick though, so whatever.
legendary
Activity: 896
Merit: 1000
February 06, 2014, 10:12:45 AM
#19
I'll admit, I wouldn't deny the possibility of an event causing a market shake-up that will cause the price of BTC to go down by 33%. But if that happens, it'll likely only be for a very short time. Of course, the question is, what kind of event would have to occur for that to happen...
sr. member
Activity: 644
Merit: 250
February 06, 2014, 09:40:05 AM
#18
Admit it dude you just want free coins. We all want that => won't happen. Too many people are waiting for $700, I would imagine 10x more wait for $500.
Not going to happen.
hero member
Activity: 504
Merit: 500
Moderator
full member
Activity: 133
Merit: 100
February 06, 2014, 09:00:12 AM
#16
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.
sr. member
Activity: 308
Merit: 250
February 06, 2014, 06:49:45 AM
#15


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?  Huh
legendary
Activity: 2114
Merit: 1015
February 06, 2014, 06:45:09 AM
#14


The timewave is about to collapse as Bitcoin boosts the maximum innovation!
Explanation: http://www.youtube.com/watch?v=fZcegU0Q1Vo
sr. member
Activity: 308
Merit: 251
Giga
February 06, 2014, 03:45:14 AM
#13


It went up so fast that it created a yellow candle on the chart.   Yellow candles are even better than green ones Smiley.  $5000/btc confirmed

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.
legendary
Activity: 924
Merit: 1001
February 05, 2014, 09:46:22 PM
#12


It went up so fast that it created a yellow candle on the chart.   Yellow candles are even better than green ones Smiley.  $5000/btc confirmed

I think in any case an exponential log chart illustrates the end of the world  Shocked
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
February 05, 2014, 09:43:46 PM
#11


It went up so fast that it created a yellow candle on the chart.   Yellow candles are even better than green ones Smiley.  $5000/btc confirmed
hero member
Activity: 728
Merit: 500
February 05, 2014, 09:21:51 PM
#10
legendary
Activity: 2212
Merit: 1008
February 05, 2014, 09:10:52 PM
#9
derfinitely
sr. member
Activity: 448
Merit: 250
February 05, 2014, 09:09:11 PM
#8
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.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
February 05, 2014, 09:00:37 PM
#7
I don't care.

And the winner is ...  Grin
hero member
Activity: 644
Merit: 500
February 05, 2014, 08:53:11 PM
#6
I don't care.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
February 05, 2014, 08:24:52 PM
#5
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.   
hero member
Activity: 728
Merit: 500
February 05, 2014, 08:21:50 PM
#4
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.
legendary
Activity: 2198
Merit: 1019
Buzz App - Spin wheel, farm rewards
February 05, 2014, 08:19:30 PM
#3
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.
legendary
Activity: 1064
Merit: 1001
February 05, 2014, 06:30:48 PM
#2
Nice and true.
sr. member
Activity: 308
Merit: 251
Giga
February 05, 2014, 06:27:03 PM
#1
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.



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