Topic: Call the Bottom Here ! - page 2. (Read 4553 times)
Bottom will be 100 usd. And then, go for 10k
Infinitely wrong, the crash in April was due to a blockchain fork and Mt Gox's 8 hours of lag and inability to login which put out limitless fear. Without something major like another fork, or the us military saying they are going to unleash marshal law on bitcoin supporters... 50% retrace is what you get. Sorry the bottom for you is in Oct, your now in the company of those that are waiting for the bottom from January and added to those that are waiting from the bottom last summer.
look at march april. it tok about 3 weeks for the bull move to the top starting in march, the same amount of time approx starting in november.
in april the crash took 7 days of consecutive red bars. we are in day 3 at the mo, so about halfway. i predicts we hit bottom next wednesday and the bottom will be 224.
in april the crash took 7 days of consecutive red bars. we are in day 3 at the mo, so about halfway. i predicts we hit bottom next wednesday and the bottom will be 224.
This bubble is totally different. Many things have changed since April. If you look at the April bubble there was one top - here we have two. In my humble opinion this changes the dynamic of the fall. I would say that the upward trend changed more than 3 days ago, which throws your calculation out significantly I believe.
look at march april. it tok about 3 weeks for the bull move to the top starting in march, the same amount of time approx starting in november.
in april the crash took 7 days of consecutive red bars. we are in day 3 at the mo, so about halfway. i predicts we hit bottom next wednesday and the bottom will be 224.
in april the crash took 7 days of consecutive red bars. we are in day 3 at the mo, so about halfway. i predicts we hit bottom next wednesday and the bottom will be 224.
thanks for the info Hakka, i was just thinking earlier to study the timeframes of last time's bullrun.
look at march april. it tok about 3 weeks for the bull move to the top starting in march, the same amount of time approx starting in november.
in april the crash took 7 days of consecutive red bars. we are in day 3 at the mo, so about halfway. i predicts we hit bottom next wednesday and the bottom will be 224.
in april the crash took 7 days of consecutive red bars. we are in day 3 at the mo, so about halfway. i predicts we hit bottom next wednesday and the bottom will be 224.
For me the real bottom is the price before the china hype and especially before the baidu hype. People that bought big then will sell sooner or later.
Better question: When are you guys going to buy in again? 
When it falls again which will be in the next 24 hours and somewhere near the bottom.
Also, to add, it's not going to be $1000 anytime soon. Confidence is low, fear is up. We're in a downward trend! Those that think we're going to hit $1000 are in denial or simply having a laugh.
Care to place a bet on this?
We have already seen the bottom we are now bouncing off of resistance
Honestly, I think we'll see it get to as low as $500 USD sheerly because of the psychological factor of a nice number (just as we started hitting walls at around ~$100 and ~$1000). As to how long it stays there, and whether it returns to peak levels that is really anyone's guess.
Based on history (!!!) the next cycle will occur sometime in the next 6-18 months (probably closer to 6 than 18) with a rise to 5-10 k and a subsequent fallback to 2.5 to 3k.
damn it, this is the worst part i hate waiting for these cycles
Better question: When are you guys going to buy in again?
When it falls again which will be in the next 24 hours and somewhere near the bottom.
Also, to add, it's not going to be $1000 anytime soon. Confidence is low, fear is up. We're in a downward trend! Those that think we're going to hit $1000 are in denial or simply having a laugh.
Better question: When are you guys going to buy in again?
It took less coins to cause this panic than the drop from 900-450 with a slightly better drop. Said person has been continuously dropping a nice round hundred every 10 minutes trying to keep the bars of blood coming, but I think we already found a rough bottom with a sparkly top waiting to be breached again.. sideways for now and a slight manip. dip in the short term while the market decides if they are going to get the ledgendary 100$ coin.
We heard you already, kuroth. Stop the inane bragging.
In my opinion people are playing toss the dead cat right now 
1,242 / 266 * 50 ~= 233. Based on the current look of the market, between 200$ and 300$, and it will take several days to reach it.
Of course, if the market will look a lot different tomorrow, this estimate won't hold. It's simply too early to call the bottom.
Of course, if the market will look a lot different tomorrow, this estimate won't hold. It's simply too early to call the bottom.
I think the bottom will be between 10 - 10000 dollars this year.
Bottom is in now. It will rise now and new people will get confidence and buy more coins making it shoot to 10k before january 1st ( last bit is wishful thinking ;-) )
Honestly, I think we'll see it get to as low as $500 USD sheerly because of the psychological factor of a nice number (just as we started hitting walls at around ~$100 and ~$1000). As to how long it stays there, and whether it returns to peak levels that is really anyone's guess.
Based on history (!!!) the next cycle will occur sometime in the next 6-18 months (probably closer to 6 than 18) with a rise to 5-10 k and a subsequent fallback to 2.5 to 3k.
Honestly, I think we'll see it get to as low as $500 USD sheerly because of the psychological factor of a nice number (just as we started hitting walls at around ~$100 and ~$1000). As to how long it stays there, and whether it returns to peak levels that is really anyone's guess.
These are my thoughts, call the bottom here !
Bottom! here!!That was both clever and possibly accurate.
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