What does one exit into? Already overvalued precious metals? Inflationary fiat currencies?
Hookers and blow.
Topic: call an end to the rally - page 4. (Read 12387 times)
Hookers and blow.
If you want to capture those amazing returns, you have to have an exit strategy.
What does one exit into? Already overvalued precious metals? Inflationary fiat currencies?
don't speculate, hoard!
bitcoin grows 10 times every 6 month... Unbelievable!
bitcoin grows 10 times every 6 month... Unbelievable!
correction, HAS grown. If you want to capture those amazing returns, you have to have an exit strategy.
The arrest of Satoshi would end the rally promptly, I think. Let's just hope he doesn't have sex in Sweden.
I see too much upside to risk predicting a top and selling. If I see a top starting to form and change mind, I'd like to resolve myself now to avoid some of that upside risk and speculate with only half of my holdings.
The market is growing rapidly, but still very thin. That's one reason why the tech-not-so-savvy tend to poo-pooh or scoff upon becoming aware of their fashionably not too late arrival. But it keeps growing despite. We have the article in Forbes. What's next, WSJ, FT, and Bloomberg?
After this stunning growth, if the market seems to be acting overly-bearish from time to time, it is probably the result of manipulation by a big player. Besides manipulation, at this point the only thing I can think of that could turn the sentiment bearish would be an intervention by LEO or some other loss of deposits (try to keep your wallet full and keep it with you).
The market is growing rapidly, but still very thin. That's one reason why the tech-not-so-savvy tend to poo-pooh or scoff upon becoming aware of their fashionably not too late arrival. But it keeps growing despite. We have the article in Forbes. What's next, WSJ, FT, and Bloomberg?
After this stunning growth, if the market seems to be acting overly-bearish from time to time, it is probably the result of manipulation by a big player. Besides manipulation, at this point the only thing I can think of that could turn the sentiment bearish would be an intervention by LEO or some other loss of deposits (try to keep your wallet full and keep it with you).
I don't know about the top, but I think the new bottom will be around $1.40-ish.
I can't picture it getting back to $1, but it's always a bit of a surprise.
I can't picture it getting back to $1, but it's always a bit of a surprise.
kiba sounds like he's been burned by the market. sorry bro 
I came up with $4.54 using elliott wave theory guidelines.
I came up with $4.54 using elliott wave theory guidelines.
Hmm this gives me an idea. Let's see if I agree with you.
How did you come up with a top of $4.54?
I don't make prediction. Don't speculate on bitcoin anymore.
After some analysis tonight, I have come to the conclusion that the most likely end to the current rally will be at 1 btc = $4.54. When I say end, I mean a major top will form and the price will drop at least 33% from there. I will be putting in a sell order at $4.25 for my entire account as soon as I transfer my bitcoins there. I'll go a step further and call an end to the drop at around parity.
Anyone else have any predictions for a top? Anyone think it will go up and up forever without any major pull-backs?
Anyone else have any predictions for a top? Anyone think it will go up and up forever without any major pull-backs?
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