Crossed 500 USD - Bull Market returns ? - page 6.

Coef

hero member

Activity: 882

Merit: 1000

Exhausted

Quote from: BitCoinDream on August 14, 2014, 10:24:09 AM

Quote from: DeboraMeeks on August 14, 2014, 09:21:56 AM

Quote from: BitCoinDream on August 08, 2014, 05:13:45 PM

Quote from: Velkro on August 08, 2014, 05:08:51 PM

didnt expect price will go up from 570, was thinking it will go down a little more...

nice

I wonder when it is going to touch 1000 USD again. Here is an interesting Stat...

A statistical explanation why 1BTC may equal 1M USD in future...

Value of 1BTC (around figure)

2009 => 10^-2 USD
2010 => 10^-1 USD
2011 => 10⁰ USD
2012 => 10¹ USD
2013 => 10² USD
2014 => 10³ USD
2015 => 10⁴ USD
2016 => 10⁵ USD
2017 => 10⁶ USD

--- Early Adoption Ends Here and The Price Stabilizes ---

THAT IS NOT a statistical explanation... That is just a bunch of random numbers which you think is a repeating pattern. Trust me, it WILL NOT happen that way gosh.

When u see a pattern for 5 consecutive years, can u still call it just a bunch of random numbers ?

I wouldn't call them random numbers, but it is not a statistical explanation either.
Even if the numbers are right, extrapolating the future price with just 5 data points won't give you a good analysis.

BitCoinDream

legendary

Activity: 2394

Merit: 1216

The revolution will be digital

Quote from: DeboraMeeks on August 14, 2014, 09:21:56 AM

Quote from: BitCoinDream on August 08, 2014, 05:13:45 PM

Quote from: Velkro on August 08, 2014, 05:08:51 PM

didnt expect price will go up from 570, was thinking it will go down a little more...

nice

I wonder when it is going to touch 1000 USD again. Here is an interesting Stat...

A statistical explanation why 1BTC may equal 1M USD in future...

Value of 1BTC (around figure)

2009 => 10^-2 USD
2010 => 10^-1 USD
2011 => 10⁰ USD
2012 => 10¹ USD
2013 => 10² USD
2014 => 10³ USD
2015 => 10⁴ USD
2016 => 10⁵ USD
2017 => 10⁶ USD

--- Early Adoption Ends Here and The Price Stabilizes ---

THAT IS NOT a statistical explanation... That is just a bunch of random numbers which you think is a repeating pattern. Trust me, it WILL NOT happen that way gosh.

When u see a pattern for 5 consecutive years, can u still call it just a bunch of random numbers ?

DeboraMeeks

hero member

Activity: 588

Merit: 500

Quote from: BitCoinDream on August 08, 2014, 05:13:45 PM

Quote from: Velkro on August 08, 2014, 05:08:51 PM

didnt expect price will go up from 570, was thinking it will go down a little more...

nice

I wonder when it is going to touch 1000 USD again. Here is an interesting Stat...

A statistical explanation why 1BTC may equal 1M USD in future...

Value of 1BTC (around figure)

2009 => 10^-2 USD
2010 => 10^-1 USD
2011 => 10⁰ USD
2012 => 10¹ USD
2013 => 10² USD
2014 => 10³ USD
2015 => 10⁴ USD
2016 => 10⁵ USD
2017 => 10⁶ USD

--- Early Adoption Ends Here and The Price Stabilizes ---

THAT IS NOT a statistical explanation... That is just a bunch of random numbers which you think is a repeating pattern. Trust me, it WILL NOT happen that way gosh.

BitCoinDream

legendary

Activity: 2394

Merit: 1216

The revolution will be digital

Quote from: faiza1990 on August 14, 2014, 09:10:58 AM

Quote from: JessicaSe on August 14, 2014, 05:56:45 AM

Bull run is coming? Huh

Currently crushing very badly and many whales buying too much which is indicator of bull

Of course it is a buy time. I wish it becomes 450+ before bouncing back.

faiza1990

sr. member

Activity: 420

Merit: 250

★☆★777Coin★☆★

Quote from: JessicaSe on August 14, 2014, 05:56:45 AM

Bull run is coming? Huh

Currently crushing very badly and many whales buying too much which is indicator of bull

JessicaSe

legendary

Activity: 840

Merit: 1000

Bull run is coming? Huh

Coef

hero member

Activity: 882

Merit: 1000

Exhausted

Quote from: BitCoinDream on August 14, 2014, 04:19:03 AM

Quote from: polynesia on August 08, 2014, 09:01:05 PM

Quote from: Omikifuse on August 08, 2014, 07:16:12 PM

Quote from: BitCoinDream on August 08, 2014, 05:13:45 PM

Quote from: Velkro on August 08, 2014, 05:08:51 PM

didnt expect price will go up from 570, was thinking it will go down a little more...

nice

I wonder when it is going to touch 1000 USD again. Here is an interesting Stat...

A statistical explanation why 1BTC may equal 1M USD in future...

Value of 1BTC (around figure)

2009 => 10^-2 USD
2010 => 10^-1 USD
2011 => 10⁰ USD
2012 => 10¹ USD
2013 => 10² USD
2014 => 10³ USD
2015 => 10⁴ USD
2016 => 10⁵ USD
2017 => 10⁶ USD

--- Early Adoption Ends Here and The Price Stabilizes ---

Many people are holding because of your expectation. They will become impatient as the end of year approaches, and if we don't see a $1000 recover, they will just dump their coins and we may see another dip

I hope that happens. Another buying opportunity.

...and that is happening. We are close to 500 USD Wink

The lowest price today on bitstamp was $503 while the price on btc-e was $494. So, the price crossed the 500 mark twice today. Tongue

BitCoinDream

legendary

Activity: 2394

Merit: 1216

The revolution will be digital

Quote from: polynesia on August 08, 2014, 09:01:05 PM

Quote from: Omikifuse on August 08, 2014, 07:16:12 PM

Quote from: BitCoinDream on August 08, 2014, 05:13:45 PM

Quote from: Velkro on August 08, 2014, 05:08:51 PM

didnt expect price will go up from 570, was thinking it will go down a little more...

nice

I wonder when it is going to touch 1000 USD again. Here is an interesting Stat...

A statistical explanation why 1BTC may equal 1M USD in future...

Value of 1BTC (around figure)

2009 => 10^-2 USD
2010 => 10^-1 USD
2011 => 10⁰ USD
2012 => 10¹ USD
2013 => 10² USD
2014 => 10³ USD
2015 => 10⁴ USD
2016 => 10⁵ USD
2017 => 10⁶ USD

--- Early Adoption Ends Here and The Price Stabilizes ---

Many people are holding because of your expectation. They will become impatient as the end of year approaches, and if we don't see a $1000 recover, they will just dump their coins and we may see another dip

I hope that happens. Another buying opportunity.

...and that is happening. We are close to 500 USD Wink

polynesia

legendary

Activity: 1358

Merit: 1000

Quote from: Omikifuse on August 08, 2014, 07:16:12 PM

Quote from: BitCoinDream on August 08, 2014, 05:13:45 PM

Quote from: Velkro on August 08, 2014, 05:08:51 PM

didnt expect price will go up from 570, was thinking it will go down a little more...

nice

I wonder when it is going to touch 1000 USD again. Here is an interesting Stat...

A statistical explanation why 1BTC may equal 1M USD in future...

Value of 1BTC (around figure)

2009 => 10^-2 USD
2010 => 10^-1 USD
2011 => 10⁰ USD
2012 => 10¹ USD
2013 => 10² USD
2014 => 10³ USD
2015 => 10⁴ USD
2016 => 10⁵ USD
2017 => 10⁶ USD

--- Early Adoption Ends Here and The Price Stabilizes ---

Many people are holding because of your expectation. They will become impatient as the end of year approaches, and if we don't see a $1000 recover, they will just dump their coins and we may see another dip

I hope that happens. Another buying opportunity.

nothing2seeHere

member

Activity: 110

Merit: 10

Quote from: nwfella on August 08, 2014, 07:59:07 PM

Quote from: Velkro on August 08, 2014, 05:08:51 PM

didnt expect price will go up from 570, was thinking it will go down a little more...

nice

One the one hand I want it to go down a bit more so I can purchase another coin and a bit but on the other hand I don't wanna see the value of my existing pennies go down! What a conundrum! Good one to have if any I guess.

I have put a lot of money into my bitcoin and would very much like for it to go a lot higher from here.

nwfella

legendary

Activity: 1610

Merit: 1000

Well hello there!

Quote from: Velkro on August 08, 2014, 05:08:51 PM

didnt expect price will go up from 570, was thinking it will go down a little more...

nice

One the one hand I want it to go down a bit more so I can purchase another coin and a bit but on the other hand I don't wanna see the value of my existing pennies go down! What a conundrum! Good one to have if any I guess.

Omikifuse

legendary

Activity: 1834

Merit: 1009

Quote from: BitCoinDream on August 08, 2014, 05:13:45 PM

Quote from: Velkro on August 08, 2014, 05:08:51 PM

didnt expect price will go up from 570, was thinking it will go down a little more...

nice

I wonder when it is going to touch 1000 USD again. Here is an interesting Stat...

A statistical explanation why 1BTC may equal 1M USD in future...

Value of 1BTC (around figure)

2009 => 10^-2 USD
2010 => 10^-1 USD
2011 => 10⁰ USD
2012 => 10¹ USD
2013 => 10² USD
2014 => 10³ USD
2015 => 10⁴ USD
2016 => 10⁵ USD
2017 => 10⁶ USD

--- Early Adoption Ends Here and The Price Stabilizes ---

Many people are holding because of your expectation. They will become impatient as the end of year approaches, and if we don't see a $1000 recover, they will just dump their coins and we may see another dip

freedomno1

legendary

Activity: 1806

Merit: 1090

Learning the troll avoidance button :)

Quote from: BunsenBurner on August 02, 2014, 12:33:08 PM

The price has been pretty stable in the current price, and we now need to have a big good news to break the $600 resistance (or a bad news to go below $550).

That or someone converting a significant amount to fiat which is where Ethereum may factor in, not exactly a bearish signal but more of a conversion because they need capital one.

BitCoinDream

legendary

Activity: 2394

Merit: 1216

The revolution will be digital

Quote from: Velkro on August 08, 2014, 05:08:51 PM

didnt expect price will go up from 570, was thinking it will go down a little more...

nice

I wonder when it is going to touch 1000 USD again. Here is an interesting Stat...

A statistical explanation why 1BTC may equal 1M USD in future...

Value of 1BTC (around figure)

2009 => 10^-2 USD
2010 => 10^-1 USD
2011 => 10⁰ USD
2012 => 10¹ USD
2013 => 10² USD
2014 => 10³ USD
2015 => 10⁴ USD
2016 => 10⁵ USD
2017 => 10⁶ USD

--- Early Adoption Ends Here and The Price Stabilizes ---

Velkro

legendary

Activity: 2296

Merit: 1014

didnt expect price will go up from 570, was thinking it will go down a little more...

nice

faiza1990

sr. member

Activity: 420

Merit: 250

★☆★777Coin★☆★

Quote from: BowieMan on August 08, 2014, 01:32:02 PM

Quote from: BitCoinDream on August 08, 2014, 11:25:29 AM

Quote from: BunsenBurner on August 02, 2014, 12:33:08 PM

Quote from: polynesia on August 02, 2014, 10:46:49 AM

Quote from: faiza1990 on August 02, 2014, 10:39:57 AM

Quote from: tooil on August 01, 2014, 11:16:21 AM

We just re-crossed 600 from the mid 585.

Tighten your seat belt, the bull has returned.

Now again its going under 590$ but best thing its most of time staying in 590$

Seems to be in a narrow range for quite some time now.

The price has been pretty stable in the current price, and we now need to have a big good news to break the $600 resistance (or a bad news to go below $550).

Seems like we are gonna break he 600 resistance without any big news. 590+ now

Nah, I'm not so sure about that! There are quite some big walls until $ 600, if you take a look at the order books or the depth graph! And weekends tend to be boring and rather going down. I wouldn't hold my breath until, say, sunday night!

Its taking time on 590$ which is not bad at all so we can hope this will touch 600$ again in next few days and will keep this for long time

BowieMan

full member

Activity: 154

Merit: 100

Is there life on Mars?

Quote from: BitCoinDream on August 08, 2014, 11:25:29 AM

Quote from: BunsenBurner on August 02, 2014, 12:33:08 PM

Quote from: polynesia on August 02, 2014, 10:46:49 AM

Quote from: faiza1990 on August 02, 2014, 10:39:57 AM

Quote from: tooil on August 01, 2014, 11:16:21 AM

We just re-crossed 600 from the mid 585.

Tighten your seat belt, the bull has returned.

Now again its going under 590$ but best thing its most of time staying in 590$

Seems to be in a narrow range for quite some time now.

The price has been pretty stable in the current price, and we now need to have a big good news to break the $600 resistance (or a bad news to go below $550).

Seems like we are gonna break he 600 resistance without any big news. 590+ now

Nah, I'm not so sure about that! There are quite some big walls until $ 600, if you take a look at the order books or the depth graph! And weekends tend to be boring and rather going down. I wouldn't hold my breath until, say, sunday night!

BitCoinDream

legendary

Activity: 2394

Merit: 1216

The revolution will be digital

Quote from: BunsenBurner on August 02, 2014, 12:33:08 PM

Quote from: polynesia on August 02, 2014, 10:46:49 AM

Quote from: faiza1990 on August 02, 2014, 10:39:57 AM

Quote from: tooil on August 01, 2014, 11:16:21 AM

We just re-crossed 600 from the mid 585.

Tighten your seat belt, the bull has returned.

Now again its going under 590$ but best thing its most of time staying in 590$

Seems to be in a narrow range for quite some time now.

The price has been pretty stable in the current price, and we now need to have a big good news to break the $600 resistance (or a bad news to go below $550).

Seems like we are gonna break he 600 resistance without any big news. 590+ now

BunsenBurner

hero member

Activity: 653

Merit: 500

Quote from: polynesia on August 02, 2014, 10:46:49 AM

Quote from: faiza1990 on August 02, 2014, 10:39:57 AM

Quote from: tooil on August 01, 2014, 11:16:21 AM

We just re-crossed 600 from the mid 585.

Tighten your seat belt, the bull has returned.

Now again its going under 590$ but best thing its most of time staying in 590$

Seems to be in a narrow range for quite some time now.

The price has been pretty stable in the current price, and we now need to have a big good news to break the $600 resistance (or a bad news to go below $550).

polynesia

legendary

Activity: 1358

Merit: 1000

Quote from: faiza1990 on August 02, 2014, 10:39:57 AM

Quote from: tooil on August 01, 2014, 11:16:21 AM

We just re-crossed 600 from the mid 585.

Tighten your seat belt, the bull has returned.

Now again its going under 590$ but best thing its most of time staying in 590$

Seems to be in a narrow range for quite some time now.

Topic: Crossed 500 USD - Bull Market returns ? - page 6. (Read 22547 times)