Topic: Bubble incoming! $3800 - $4000 expected - page 5. (Read 17548 times)
I wish TERA would make another illustrated prediction so we can add it to our collections of Goofy Forecasts
lets just put this here again
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The rise of 2013 was much higher than the rise of 2012. Some people keep speaking of the obvious "line" on the log chart. However I am having trouble finding this line and in fact I can draw several lines which would allow btc to go much lower than it is now before going up again. I have plotted a couple for reference.
The low volume and the lack of significant bid depth on mtgox that continues to fail to fill in above 125 seems to confirm my suspicion that it isn't ready to go higher at this point. I think this ordeal with the bid depth was an inflection point for this Jul-Aug rally.
The low volume and the lack of significant bid depth on mtgox that continues to fail to fill in above 125 seems to confirm my suspicion that it isn't ready to go higher at this point. I think this ordeal with the bid depth was an inflection point for this Jul-Aug rally.
My new view of the market:
I wouldn't be suprised to see flat for an entire year.
I wouldn't be suprised to see flat for an entire year.
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If the price was $600 and I said it was going to $900 but you guys were saying it was going to $1,000, I would be called bearish. Good lord.
Most of my charts are not even 'predictions'. They say something like 'either X OR Y could happen", or "if A happens, then X will happen, and if B happens then Y will happen". One of the options is a bull option and one is a bear option (almost always short term in nature). People become very upset that I would state that there is even a chance that the price could go down at some point and that it isn't 100% absolutely certain to be moonbound in the immediate future. So I am called bearish, but I like to think of it is as simply being realist, or just providing objective neutral TA.
Again you are not seeing the full extent of your negativity. All of your charts are based on bitcoin going no where or falling. I do not mean this in a bad way, but no one is going to care about your charts until you become more open minded. It feels as if all of your charts are hugely biased by your bearish tendency and renders them useless 
Most of my charts are not even 'predictions'. They say something like 'either X OR Y could happen", or "if A happens, then X will happen, and if B happens then Y will happen". One of the options is a bull option and one is a bear option (almost always short term in nature). People become very upset that I would state that there is even a chance that the price could go down at some point and that it isn't 100% absolutely certain to be moonbound in the immediate future. So I am called bearish, but I like to think of it is as simply being realist, or just providing objective neutral TA.
Again you are not seeing the full extent of your negativity. All of your charts are based on bitcoin going no where or falling. I do not mean this in a bad way, but no one is going to care about your charts until you become more open minded. It feels as if all of your charts are hugely biased by your bearish tendency and renders them useless open minded = 10000$ by the end of July and not a single fucking penny less, am i right?
Most of my charts are not even 'predictions'. They say something like 'either X OR Y could happen", or "if A happens, then X will happen, and if B happens then Y will happen". One of the options is a bull option and one is a bear option (almost always short term in nature). People become very upset that I would state that there is even a chance that the price could go down at some point and that it isn't 100% absolutely certain to be moonbound in the immediate future. So I am called bearish, but I like to think of it is as simply being realist, or just providing objective neutral TA.
Again you are not seeing the full extent of your negativity. All of your charts are based on bitcoin going no where or falling. I do not mean this in a bad way, but no one is going to care about your charts until you become more open minded. It feels as if all of your charts are hugely biased by your bearish tendency and renders them useless
Most of my charts are not even 'predictions'. They say something like 'either X OR Y could happen", or "if A happens, then X will happen, and if B happens then Y will happen". One of the options is a bull option and one is a bear option (almost always short term in nature). People become very upset that I would state that there is even a chance that the price could go down at some point and that it isn't 100% absolutely certain to be moonbound in the immediate future. So I am called bearish, but I like to think of it is as simply being realist, or just providing objective neutral TA.
TERA we spot you. Go create another account, this one is broken baby.
Actually I keep coming up with the solution to simply stop posting here, since I spend all this time doing all this free TA and analysis only to be ridiculed and trolled. I've left a few times now. However, I can't seem to stick with it for more than a week. What usually ends up happening is come here just with the intent of reading whatever news is going on during a big movement and then some thread compels me to respond to it and I get caught up with this again.Thumbs up for Tera! I regard myself as a bull, but it's just sane to see the "risk" that Bitcoin goes to 5,000 only next year.
Forum members can be divided up to the following:
- People, who have a faint idea what they are doing: Tera, rpietila, Adam, and the like
- Obvious trolls (like fonzie)
- cheering idiots who don't accept anything but Bitcoin to da moon tomorrow at the latest
- plain idiots (like me)
Maybe. Or maybe TERA is a troll.
Guys, why don't just somebody with too much free time go through Tera's old predictions so we can settle this? Mostly better predictions than reality = bull, mostly worse = bear. If it's the latter like some people think, we still have that Fonzie guy to cancel her out. Or maybe she's even one of those rare people that have a faint idea what they're doing like some suggested and is mostly right.
Only one 'signal' is truly important right now and that is amazingly strong Bitcoin fundamentals. 
TA reveals what is not visible to the eye. You only think the fundamentals are amazing but in reality there could be some sinister counter-fundamentals lurking in the background that are being concealed from public view. 
Only one 'signal' is truly important right now and that is amazingly strong Bitcoin fundamentals.
I think Bitcoin is fascinating and has good potential long term. However, if you want the complete reasons why I am starting to feel somewhat bearish in the short term, the reasons lie entirely in this chart. Don't focus too much on refuting any one thing because there are about 8 things.
Could you explain what the 8 things are, instead of just saying "there are about 8 things"? I can see a couple, but surely you could elaborate.
Bear in mind that that I attached no particular prediction to this. It's just (some bearish indicators observed) but the bulls still have a chance and if the bulls can get the price back over the cloud then there won't be any bearish action at all.
We are now in a pennent. This wil probably break out to the top. Next point of resistance wil be 650 to 660.
Pennants are short-term continuation patterns that mark a small consolidation before the previous move resumes. The sharp move up of the flagpole usually occurs on heavy volume. Target of a pennant: The length of the flagpole can be applied to the resistance break or support break of the flag/pennant to estimate the advance or decline.
Pennants are short-term continuation patterns that mark a small consolidation before the previous move resumes. The sharp move up of the flagpole usually occurs on heavy volume. Target of a pennant: The length of the flagpole can be applied to the resistance break or support break of the flag/pennant to estimate the advance or decline.
Good call.
I think Bitcoin is fascinating and has good potential long term. However, if you want the complete reasons why I am starting to feel somewhat bearish in the short term, the reasons lie entirely in this chart. Don't focus too much on refuting any one thing because there are about 8 things.
Please explain.
Even though I think you're kind of negative (nearly all the time),
I do appreciate the substance of many of your posts and don't consider you a troll
I think Bitcoin is fascinating and has good potential long term. However, if you want the complete reasons why I am starting to feel somewhat bearish in the short term, the reasons lie entirely in this chart. Don't focus too much on refuting any one thing because there are about 8 things.
Could you explain what the 8 things are, instead of just saying "there are about 8 things"? I can see a couple, but surely you could elaborate.
We are now in a pennent. This wil probably break out to the top. Next point of resistance wil be 650 to 660.
Pennants are short-term continuation patterns that mark a small consolidation before the previous move resumes. The sharp move up of the flagpole usually occurs on heavy volume. Target of a pennant: The length of the flagpole can be applied to the resistance break or support break of the flag/pennant to estimate the advance or decline.
https://www.tradingview.com/x/gJyXqkx7/
Pennants are short-term continuation patterns that mark a small consolidation before the previous move resumes. The sharp move up of the flagpole usually occurs on heavy volume. Target of a pennant: The length of the flagpole can be applied to the resistance break or support break of the flag/pennant to estimate the advance or decline.
https://www.tradingview.com/x/gJyXqkx7/
If you're so sure, buy my 100BTC now for $1,200/each. You'll make 3x or more back on your investment!
I'm bullish, but this just sounds retarded for now.
Not clever or funny or a good point or anything useful at all. Read more, post less. I'm bullish, but this just sounds retarded for now.
If you're so sure, buy my 100BTC now for $1,200/each. You'll make 3x or more back on your investment!
I'm bullish, but this just sounds retarded for now.
I'm bullish, but this just sounds retarded for now.
Why when he can buy 200BTC for the same price? Retard.
TERA we spot you. Go create another account, this one is broken baby.
Actually I keep coming up with the solution to simply stop posting here, since I spend all this time doing all this free TA and analysis only to be ridiculed and trolled. I've left a few times now. However, I can't seem to stick with it for more than a week. What usually ends up happening is come here just with the intent of reading whatever news is going on during a big movement and then some thread compels me to respond to it and I get caught up with this again.im reading your posts and im grateful of your input. if that counts any. dont trouble yourself with people who doesnt understand if you have some people that do and listens, then its more important to focus on them and forget the rest.
It is written in stone, there is no other possibility. Bitcoin will DEFINITELY be worth 1000000000$ The question is only q3 2014 or q4 2014, THAT is the big question!
Oh fonzie, you permabear. It's q2 2014 of course.
... >.> ...... <.<...
Permabull?
It is written in stone, there is no other possibility. Bitcoin will DEFINITELY be worth 1000000000$ The question is only q3 2014 or q4 2014, THAT is the big question!
Oh fonzie, you permabear. It's q2 2014 of course.
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