BTC is smiling at us :) - page 2. | Bitcointalksearch.org

mtwelve

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Quote from: worhiper_-_ on February 06, 2017, 10:29:44 AM

The recent rally has been a significant recovery back to near all time high levels. Though thie time, it seems to be much more organic than the previous rise that felt more like market manipulation.

Thanks to PBOC cracking down on Chinese exchanges. I tend to like a slower and more steady growth than erratic and more volatile price rallies. Let's see where we go next, hopefully past $1100. Taking a little profit here and there helps alleviate my FOMO I've learned :0

lumeire

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Quote from: worhiper_-_ on February 06, 2017, 10:29:44 AM

The recent rally has been a significant recovery back to near all time high levels. Though thie time, it seems to be much more organic than the previous rise that felt more like market manipulation.

Who would've thought that we'd somehow reach the same levels like it did during the first boom? History does repeat itself.

worhiper_-_

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The recent rally has been a significant recovery back to near all time high levels. Though thie time, it seems to be much more organic than the previous rise that felt more like market manipulation.

chaser15

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Quote from: novemberwoah on February 06, 2017, 08:59:17 AM

If I look at the price of bitcoin in 2014 is almost the same as it is now, which is in the range of $ 1,100. I had time to think, whether the price will decline as years ago in the year 2014-2016? See now there are some threats that could make bitcoin prices down. But on the other side I believe bitcoin situation is now very different from the previous because it has evolved, so it is not likely to happen again and will continue to rise Huh

Price declined because of sudden bad events that happen around that time. That is MT GOX era where you see the first ATH and because of downfall of the exchange, it dragged some negative things and other bad things happened too after that resulting for so much price decrease.

Today, just hope that there is no such thing as big deal bad news that will happened that can able to bring the bitcoin price down. It can happen anytime and that is possible.

zimmah

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Quote from: Red-Apple on February 06, 2017, 08:44:13 AM

the only thing that it means is that you didn't zoom out and also the fact that you forgot that the first ATH was a fake pump done by Mtgox and if you ask me it should be removed from the chart if we want to talk about long term change of price.

except it wasn't.

It was not the first time the price rose that explosively, and it wasn't even the biggest rise ever either (in percentage terms of course).

I also think a rise like that one wasn't the last of its kind, and eventually we will see another one like it and the price will shoot up to insane levels (like $50,000 or more) in a single month.

novemberwoah

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Quote from: ProfessionalGoogler on February 06, 2017, 05:10:28 AM

This must mean something!

If I look at the price of bitcoin in 2014 is almost the same as it is now, which is in the range of $ 1,100. I had time to think, whether the price will decline as years ago in the year 2014-2016? See now there are some threats that could make bitcoin prices down. But on the other side I believe bitcoin situation is now very different from the previous because it has evolved, so it is not likely to happen again and will continue to rise Huh

agustina2

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Quote from: ProfessionalGoogler on February 06, 2017, 05:10:28 AM

This must mean something!

It must be a "check" like on Nike Logo and not a yahoo smile since like the guy stated above, there is a big manipulation at the first phase of bitcoin while reaching it's new ATH.

And that check is extending until now forming a long check meaning it was "approved". Green candle will tell. Kinda corny here but it's making sense.

kumax

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Quote from: romero121 on February 06, 2017, 08:18:36 AM

Quote from: kumax on February 06, 2017, 06:21:11 AM

Now I really hope the future graph won't be symmetric with the part from the year 2013!! Cheesy

Then, instead of big smile, there would be a very loud cry all ovet this forum! Grin

In the bitcoin price variation chart there might be a simile that would resemble the loud cry of the forum users, but most users will be benefiting good as the price movement will be towards the rising side than moving backwards.

I wouldn't cry if the price would drop back to $100 for a few days (so I would have a time to buy enough bitcoins) and then if it would be pumped to $1000 again. Cheesy

But the question is, what a dump and pump like this would do with a market. Grin

jakelyson

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Bitcoin formed a very nice graph. It is not just bitcoin that is smiling these days. All bitcoin believers and hodlers are smiling as the price is nearing the new ATH. It does not matter if the first ATH is fake or not, it is recorded and it will appear in the graph. We recovered from that fall and now we are in realistic price hike.

Red-Apple

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the only thing that it means is that you didn't zoom out and also the fact that you forgot that the first ATH was a fake pump done by Mtgox and if you ask me it should be removed from the chart if we want to talk about long term change of price.

thejaytiesto

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Quote from: ProfessionalGoogler on February 06, 2017, 05:10:28 AM

This must mean something!

Indeed, 2017 is the year where get rich as fuck. Also most importantly, notice how the rise of the 2013 1k+ peak is really steep compared to the current rise which started in 2015. So we have a controlled slow rise, which means this time the price will go way higher before any big correction happens. Shorters will get smoked.

romero121

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Quote from: kumax on February 06, 2017, 06:21:11 AM

Now I really hope the future graph won't be symmetric with the part from the year 2013!! Cheesy

Then, instead of big smile, there would be a very loud cry all ovet this forum! Grin

In the bitcoin price variation chart there might be a simile that would resemble the loud cry of the forum users, but most users will be benefiting good as the price movement will be towards the rising side than moving backwards.

kumax

full member

Activity: 182

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🚀 🌏

Now I really hope the future graph won't be symmetric with the part from the year 2013!! Cheesy

Then, instead of big smile, there would be a very loud cry all ovet this forum! Grin

babsalt1975

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Surely, the graph looks unique and it has a deeper meaning for it shape. I think what it means is that maybe it has reached it peak and will now start a downward trend. I foresee the price dropping to lower levels and start rising again just like in the graph. Just a thought

hase0278

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The graph you have shown OP might mean something, because it is the proof that bitcoin can survive even if it falls. It might also affect it in the future since in the history of bitcoin, in my opinion this is the most crazy price graph I have ever seen. Other currencies and precious metals like gold have not had a graph like this before. I might be wrong since im not that of a pro in terms of forex and currencies but the graph means something that's for sure.

ProfessionalGoogler

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This must mean something!

Topic: BTC is smiling at us :) - page 2. (Read 1799 times)