Do you think the rally is over now... or very soon? - page 9.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: adamstgBit on February 21, 2013, 02:14:50 PM

Quote from: justusranvier on February 21, 2013, 02:03:30 PM

Just need someone to buy up those last 8000 BTC:

their will be 8000 more at 31

haven't you noticed this whole rally has been buy out one more wall and its going to explode UP, one more wall , one more wall , one more wall ,one more wall.

Thing is: I don't want it to explode. And it's not exploding.... a good thing.

Piper67

legendary

Activity: 1106

Merit: 1001

Quote from: adamstgBit on February 21, 2013, 02:14:50 PM

Quote from: justusranvier on February 21, 2013, 02:03:30 PM

Just need someone to buy up those last 8000 BTC:

their will be 8000 more at 31

haven't you noticed this whole rally has been buy out one more wall and its going to explode UP, one more wall , one more wall , one more wall ,one more wall.

Hey Adam, we went from 12 to almost 30... it's already exploded up! Don't fight it, man, you'll just get hurt. Grin

molecular

donator

Activity: 2772

Merit: 1019

Quote from: Technomage on February 20, 2013, 06:55:57 AM

Quote from: zby on February 20, 2013, 06:06:31 AM

Assuming that the two boom patterns should be similar (i.e. the whole thing be a fractal) - then the second is still very far from the top, it still might grow maybe 10 times.

Exactly. In my opinion the current situation is at most a "small bubble", meaning that there can be a correction, but it's unlikely to be a deep one. To experience a "massive bubble" we would need to see the all time high broken and then panic buys from there. That is the point when it's smart to become skeptical.

there have been 3 "steps" in the 2011 runup to the bubble (from base of about $1):

the jump to $2
the jump to $4
the jump to $9

So the top of the current bubble is either 450, 225 or 100 depending what "jump" the current one is similar to.

I don't believe in this fractal stuff applying to markets somehow, though.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: justusranvier on February 21, 2013, 02:03:30 PM

Just need someone to buy up those last 8000 BTC:

their will be 8000 more at 31

haven't you noticed this whole rally has been buy out one more wall and its going to explode UP, one more wall , one more wall , one more wall ,one more wall.

Richy_T

legendary

Activity: 2534

Merit: 2245

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: justusranvier on February 21, 2013, 02:03:30 PM

Quote from: Richy_T on February 21, 2013, 01:56:55 PM

Any second, any second... Wait for it... any second... here we... any... any... just about nnnnn.... any second... keep watching... keep watching... Here we ggggg.... any moment, right about right nnnn... it's right on the edge... here it cccc... don't look away... one little... just one... any second... It... is... going... to... happen... five... four... three... two... one and a half... one and a quarter... one and three sixteenths... here it... here it... nearly...

Just need someone to buy up those last 8000 BTC:

*Checks bank account* Not this day, methinks.

It was more a poke at the suggestion the rally would be over soon. Though it also works well non-ironically for $30

justusranvier

legendary

Activity: 1400

Merit: 1013

Quote from: Richy_T on February 21, 2013, 01:56:55 PM

Any second, any second... Wait for it... any second... here we... any... any... just about nnnnn.... any second... keep watching... keep watching... Here we ggggg.... any moment, right about right nnnn... it's right on the edge... here it cccc... don't look away... one little... just one... any second... It... is... going... to... happen... five... four... three... two... one and a half... one and a quarter... one and three sixteenths... here it... here it... nearly...

Just need someone to buy up those last 8000 BTC:

Richy_T

legendary

Activity: 2534

Merit: 2245

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Any second, any second... Wait for it... any second... here we... any... any... just about nnnnn.... any second... keep watching... keep watching... Here we ggggg.... any moment, right about right nnnn... it's right on the edge... here it cccc... don't look away... one little... just one... any second... It... is... going... to... happen... five... four... three... two... one and a half... one and a quarter... one and three sixteenths... here it... here it... nearly...

Comodore

full member

Activity: 159

Merit: 100

Quote from: Bit_Happy on February 20, 2013, 03:08:07 AM

Quote from: Gatekeeper on February 20, 2013, 03:01:50 AM

if your entire analysis is based on "look what happened last time"...

I did say ".. or very soon."

"Those who cannot remember the past are condemned to repeat it" ~George Santayana
Plus other factors, like Irrational Exuberance in the community*

*Some of which is very fun and I have participated in.

Why do you think our expectations are irrational? I have rational expectations of bitcoin that really has fundaments to go UP. We are too small market and current demand drives it higher naturaly.

Luno

sr. member

Activity: 504

Merit: 250

Quote from: deathcode on February 21, 2013, 01:22:09 AM

So what's the point of even creating a thread like this?
I mean, the way I see it, there are two outcomes.

a) You're right, and no one really cares much, but I guess you can claim some sort of fame for calling the hand in advance.
b) You're wrong and you end up looking like a troll/bear/ass (add any negative adjective)

So, I see the rewards not being as great and I see the potential of being made fun of....

IMHO

Thats why you wanna hold both BTC and $$ right now, so you can jump it like any good transsexual in a strange bar.

Melbustus

legendary

Activity: 1722

Merit: 1004

Quote from: Spekulatius on February 20, 2013, 07:15:11 PM

Quote from: adamstgBit on February 20, 2013, 04:22:24 PM

Quote from: BitCoinsLOL on February 20, 2013, 04:14:38 PM

Do you know why it colapsed the 1st time? Can you be basing your theory on that chart alone with no other due dilligence? I hope not son.

do you?

if you say hacks you'd be wrong...

the hacks and BS happened AFTER the crash.

+1

Idk how many times people will repeat that myth over and over. Just look at the charts people!

Arg - do not imply that the 6month fall from $32 to $2 had nothing to do with hacks and scams. Yes, the fall from $32 to $17 was before the Gox hack. From $17 to $2 was because of an immature and unprofessional ecosystem from which we have made great strides away in the last 18months.

deathcode

copper member

Activity: 1428

Merit: 253

Eloncoin.org - Mars, here we come!

So what's the point of even creating a thread like this?
I mean, the way I see it, there are two outcomes.

a) You're right, and no one really cares much, but I guess you can claim some sort of fame for calling the hand in advance.
b) You're wrong and you end up looking like a troll/bear/ass (add any negative adjective)

So, I see the rewards not being as great and I see the potential of being made fun of....

IMHO

Peter Lambert

hero member

Activity: 756

Merit: 500

It's all fun and games until somebody loses an eye

Quote from: Bit_Happy on February 20, 2013, 02:52:44 AM

The chart below shows the current total value of all BTC that have been produced (sometimes called "market capitalization")
Please look closely at what happened last time the value shot up so fast.
Common sense tells us the current rally is over, sorry.

Please sell your BTC at the nearest exchange and wait for a much lower price. Cheesy

The last time the price shot up so fast, about Jun '12, the price leveled out for 6 months. Is that what you are trying to say? The price is going to go up until it stops going up, and then it will remain steady until it starts going up again!

Dabs

legendary

Activity: 3416

Merit: 1912

The Concierge of Crypto

Insider information on big companies that may decide to accept bitcoin.

Actually, it's just a matter of time before Walmart, Amazon, and many other online stores will accept bitcoins as payment. They will most likely get it through one of many bitcoin payment processors so they can get their fiat equivalent currencies in their bank accounts.

Also, it's quite clear that the value of bitcoins will continue to increase in the long term. There may be ups and downs, but it will generally go up all the time until at least a few decades from now.

Third Way

full member

Activity: 238

Merit: 100

Quote from: Bemtje on February 20, 2013, 09:48:01 PM

You guys and your predictions...... Anything can happen in the world of Bitcoin.

Example: Someone could have insider information, by a shit ton of BTC's, then the next thing you know Wal-Mart releases a PR stating they accept Bitcoin.

>insider information
Of what? There is no need for insider info on when the next blocks will be mined. We know the difficulty.

Bemtje

member

Activity: 78

Merit: 10

You guys and your predictions...... Anything can happen in the world of Bitcoin.

Example: Someone could have insider information, by a shit ton of BTC's, then the next thing you know Wal-Mart releases a PR stating they accept Bitcoin.

Luno

sr. member

Activity: 504

Merit: 250

Bitcoin has to stay at 32+ for a while, going around a second time to $5-10 will be fatal in public and business perception.

Spekulatius

legendary

Activity: 1022

Merit: 1000

Quote from: adamstgBit on February 20, 2013, 04:22:24 PM

Quote from: BitCoinsLOL on February 20, 2013, 04:14:38 PM

Quote from: Bit_Happy on February 20, 2013, 02:52:44 AM

The chart below shows the current total value of all BTC that have been produced (sometimes called "market capitalization")
Please look closely at what happened last time the value shot up so fast.
Common sense tells us the current rally is over, sorry.

Please sell your BTC at the nearest exchange and wait for a much lower price. Cheesy

Do you know why it colapsed the 1st time? Can you be basing your theory on that chart alone with no other due dilligence? I hope not son.

do you?

if you say hacks you'd be wrong...

the hacks and BS happened AFTER the crash.

+1

Idk how many times people will repeat that myth over and over. Just look at the charts people!

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: BitCoinsLOL on February 20, 2013, 04:14:38 PM

Quote from: Bit_Happy on February 20, 2013, 02:52:44 AM

The chart below shows the current total value of all BTC that have been produced (sometimes called "market capitalization")
Please look closely at what happened last time the value shot up so fast.
Common sense tells us the current rally is over, sorry.

Please sell your BTC at the nearest exchange and wait for a much lower price. Cheesy

Do you know why it colapsed the 1st time? Can you be basing your theory on that chart alone with no other due dilligence? I hope not son.

do you?

if you say hacks you'd be wrong...

the hacks and BS happened AFTER the crash.

BitCoinsLOL

full member

Activity: 214

Merit: 100

Quote from: Bit_Happy on February 20, 2013, 02:52:44 AM

The chart below shows the current total value of all BTC that have been produced (sometimes called "market capitalization")
Please look closely at what happened last time the value shot up so fast.
Common sense tells us the current rally is over, sorry.

Please sell your BTC at the nearest exchange and wait for a much lower price. Cheesy

Do you know why it colapsed the 1st time? Can you be basing your theory on that chart alone with no other due dilligence? I hope not son.

Fuzzy

hero member

Activity: 560

Merit: 500

Quote from: chmod755 on February 20, 2013, 03:38:12 PM

Quote from: ?? on ??

Quote from: Bit_Happy on February 20, 2013, 03:08:07 AM

"Those who cannot remember the past are condemned to repeat it" ~George Santayana

"Those who rely on the past will never escape it" ~Barbara Feldon

"Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment."~Buddha

"He who smelt it, dealt it."~Little Timmy

Topic: Do you think the rally is over now... or very soon? - page 9. (Read 16010 times)