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Topic: Calling a five months target at $211 - next prediction on page 7 :) (Read 10729 times)

sr. member
Activity: 406
Merit: 250
My "ideal" scenario for the end of the year: bull run stopping around 700 or below near the end of November, then consolidation around 450-500.
This would leave a nice upward potential for 2016.

The alternative would be to overshoot and reach (maybe beat) the ATH, but then it would likely be followed by a long and boring consolidation... until things become lively again near the halving.

I like the first scenario, we need consolidation. If the price stay below $500 for about a month, that is good for the future price appreciation.
legendary
Activity: 1100
Merit: 1032
My "ideal" scenario for the end of the year: bull run stopping around 700 or below near the end of November, then consolidation around 450-500.
This would leave a nice upward potential for 2016.

The alternative would be to overshoot and reach (maybe beat) the ATH, but then it would likely be followed by a long and boring consolidation... until things become lively again near the halving.
hero member
Activity: 994
Merit: 1000
So, anyone is profiting from following this post?

Don't think so. We did not know it was so accurate.

Yeah, man I can see all those people who probably had a doubt in their mind or were pessimistic when read this post go like,'Oh fuck I should have bought, should have hold, should have this and that'. LOL. Y'all just gotta deal with whatever is happening, play smart moves and get in there. The problem is people think too much with their important money, so invest money you won't mind losing.
legendary
Activity: 1100
Merit: 1032
* 2-3 months: $350 is possible for the summer, target is $325 by mid-july.
* 5 months: we will retest the $250 range in autumn.

Two months later, we've just broken $280, only 16% of upward movement left before the target is reached, but this is probably too optimistic. Maybe for end of july or early august instead.
MR1
legendary
Activity: 927
Merit: 1000
@fairglu

Prediction of the year!!!   Cheesy
legendary
Activity: 1036
Merit: 1001
/dev/null
Some hype news would be good right now, there are not many shorts to squeeze sadly at this point.

I see good news every focking day honestly.) point is, that there is no user interest..
hero member
Activity: 924
Merit: 1000
Some hype news would be good right now, there are not many shorts to squeeze sadly at this point.
legendary
Activity: 3248
Merit: 1070
It will be a bumpy ride, next confirmation will be testing of $290 by mid-june and staying above $225 until then.

One month later, the $225 is being aggressively tested.

On the one hand, this is the predicted line and it's somewhat ok, we did dip below but not much by looking at the big picture.
On the other hand, it's really aggressively tested.

Fasten your seat-belts.

How do you think the current value was effected by the fork bullshit that is going on? Would be we be closer to the 290 USD target you predicted without this news?

it's obvious that the fork did something to the price, caused that little drop of 20 usd, but without that, it would not have reached 290 for sure, we were still too far away from that point

the increases , marching slowly, the falls happen almost instantly
legendary
Activity: 1100
Merit: 1032
How do you think the current value was effected by the fork bullshit that is going on?

I do no think it was, eventually the block size will have to be increased, or the fees will naturally increase through market pressure (https://bitcointalksearch.org/topic/increase-block-size-or-increase-fees-1078123) while adoption will be clamped.

The centralization talk from wallet operating services and exchanges is a bit funny TBH, given they're by design the biggest centralizers.

Personally I think the block limit could be lifted entirely, the dynamics of the blockchain mining and block propagation will ensure large spammy blocks would be orphaned, and mining pools would thus naturally limit block size to what makes technological and practical sense (which in the end, is all that really matters).
full member
Activity: 154
Merit: 100
It will be a bumpy ride, next confirmation will be testing of $290 by mid-june and staying above $225 until then.

One month later, the $225 is being aggressively tested.

On the one hand, this is the predicted line and it's somewhat ok, we did dip below but not much by looking at the big picture.
On the other hand, it's really aggressively tested.

Fasten your seat-belts.

How do you think the current value was effected by the fork bullshit that is going on? Would be we be closer to the 290 USD target you predicted without this news?

I think "the fork bullshit" should have a positive impact on the value, because if nothing is done it's even worse for the future of Bitcoin.. And large traders know it..
legendary
Activity: 2170
Merit: 1427
It will be a bumpy ride, next confirmation will be testing of $290 by mid-june and staying above $225 until then.

One month later, the $225 is being aggressively tested.

On the one hand, this is the predicted line and it's somewhat ok, we did dip below but not much by looking at the big picture.
On the other hand, it's really aggressively tested.

Fasten your seat-belts.

How do you think the current value was effected by the fork bullshit that is going on? Would be we be closer to the 290 USD target you predicted without this news?

Large traders know how to do proper research before buying or dumping. They don't get fooled to dump just because of the fork "drama" that is started by people who like to spread fud.

Only noobs and weak hands panic after reading crap, but they barely have an impact on the price. Current price level is normal and not even surprising.
legendary
Activity: 1946
Merit: 1007
It will be a bumpy ride, next confirmation will be testing of $290 by mid-june and staying above $225 until then.

One month later, the $225 is being aggressively tested.

On the one hand, this is the predicted line and it's somewhat ok, we did dip below but not much by looking at the big picture.
On the other hand, it's really aggressively tested.

Fasten your seat-belts.

How do you think the current value was effected by the fork bullshit that is going on? Would be we be closer to the 290 USD target you predicted without this news?
legendary
Activity: 1100
Merit: 1032
It will be a bumpy ride, next confirmation will be testing of $290 by mid-june and staying above $225 until then.

One month later, the $225 is being aggressively tested.

On the one hand, this is the predicted line and it's somewhat ok, we did dip below but not much by looking at the big picture.
On the other hand, it's really aggressively tested.

Fasten your seat-belts.
legendary
Activity: 2842
Merit: 1511
If the coins go to the owners hands as it should, I don't imagine the owners are very happy to hold BTC, they'll be paranoid as hell and will sell for filthy fiat. Im just hoping there are some intelligent people out there that can look at the big picture and keep their Bitcoins on a wallet.

I can't imagine such a response, but then I can't imagine why you'd ever hold substantial sums at Gox, so whadda I know.
legendary
Activity: 1456
Merit: 1002
I`m calling it`ll be in the 100ish.

I say more of $180ish or if something drastic happens with a sell off, could prop to a lower value. The only way I see bitcoin retaining value always regardless of what people say would be illegal transactions.

This includes money laundering for online gambling sites that accept fiat more mainly.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
200,000 bitcoins to be liquidated... i don't see this in any positive way for price recovery especially when confidence in bitcoin is waning... majority of the coins will be dumped as soon as they hit exchanges..

https://www.mtgox.com/img/pdf/201504_notice1_en.pdf


why you think that? not everybody want to dump their precious bitcoin, also why dumping now, when those bitcoin were probably bought at a higher price, is beyond stupid

Depends if people have a choice, as the disbursement may have to be made in cash, in which case Kobayashi will auction the coins. There's also the 2.8 billion yen shortfall on Gox's books (about 23 million USD, or 96K BTC), which will need to be covered at least partially.

If the disbursement is made primarily in Bitcoin, then as you rightly say it is unlikely to make much of an impact.

If the coins go to the owners hands as it should, I don't imagine the owners are very happy to hold BTC, they'll be paranoid as hell and will sell for filthy fiat. Im just hoping there are some intelligent people out there that can look at the big picture and keep their Bitcoins on a wallet.

I don't think that they will go and sell their BTC. Either they've lost 'trading coins' on Gox, in which case we'll have to see what the people are doing with the reimbursed coins. Or they lost coins that have been held for a long time (using gox as a bank) in which case I believe the people are going to hold on to their coins, anyways.
legendary
Activity: 868
Merit: 1006
200,000 bitcoins to be liquidated... i don't see this in any positive way for price recovery especially when confidence in bitcoin is waning... majority of the coins will be dumped as soon as they hit exchanges..

https://www.mtgox.com/img/pdf/201504_notice1_en.pdf


why you think that? not everybody want to dump their precious bitcoin, also why dumping now, when those bitcoin were probably bought at a higher price, is beyond stupid

Depends if people have a choice, as the disbursement may have to be made in cash, in which case Kobayashi will auction the coins. There's also the 2.8 billion yen shortfall on Gox's books (about 23 million USD, or 96K BTC), which will need to be covered at least partially.

If the disbursement is made primarily in Bitcoin, then as you rightly say it is unlikely to make much of an impact.

If the coins go to the owners hands as it should, I don't imagine the owners are very happy to hold BTC, they'll be paranoid as hell and will sell for filthy fiat. Im just hoping there are some intelligent people out there that can look at the big picture and keep their Bitcoins on a wallet.
legendary
Activity: 2842
Merit: 1511
200,000 bitcoins to be liquidated... i don't see this in any positive way for price recovery especially when confidence in bitcoin is waning... majority of the coins will be dumped as soon as they hit exchanges..

https://www.mtgox.com/img/pdf/201504_notice1_en.pdf


why you think that? not everybody want to dump their precious bitcoin, also why dumping now, when those bitcoin were probably bought at a higher price, is beyond stupid

Depends if people have a choice, as the disbursement may have to be made in cash, in which case Kobayashi will auction the coins. There's also the 2.8 billion yen shortfall on Gox's books (about 23 million USD, or 96K BTC), which will need to be covered at least partially.

If the disbursement is made primarily in Bitcoin, then as you rightly say it is unlikely to make much of an impact.
sr. member
Activity: 406
Merit: 250
So, anyone is profiting from following this post?

Don't think so. We did not know it was so accurate.
full member
Activity: 164
Merit: 100
So, anyone is profiting from following this post?
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