Topic: Here we go - page 4. (Read 11685 times)
Train to the moon!
You have graph that go up?
I have graph that go down...
I have graph that go down...
You know, the only reason these charts can point downward, is due to the super-omega bubble that occurred in November/December of 2013 and it's correction to now. Did speculators get to crazy? You bet. Does that affect long term price of bitcoin as a digital currency that is superior to fiat currency? Negative.
All of these threads about spectacular projections of rallies to the moon and stars are making me feel bearish. But earlier I was feeling bullish. Thanks alot...
You're almost always bearish. Don't get in the bulls way please.
On another note, I don't know about over $5000 in July, but I do expect us to hit above the $1,000 mark by then. The only way I see bitcoin hitting $5k by July is if some really big news comes out, for instance bitpay getting 1-2 major retailers to accept bitcoin (that would be pure $$$) or for a ton of brick and mortar stores joining the bitcoin marketplace.
I would love for btc to hit over $5k, but I'll keep my expectations lower and just aim for my over $1k projection for the time being ;P
JimboToronto's all time favourite since Dec 2013:
Oh c'mon. It goes way back much earlier than last December.
The last half year has been an aberration. I won't declare it over just yet but this could be a start.
CCMF?? Let's see. Sub- $400?? Unlikely. Back on the log-scale track?? Almost surely.
More butter for the popcorn please.
can someone explain why it just shot up?
It's the beginning of the next bubble?
Unlikely. But it could be another crucial turning point, solidifying a reversal from the previous bear market.
can someone explain why it just shot up?
It's the beginning of the next bubble?
can someone explain why it just shot up?
President Obama declared Bitcoin the galactic currency of our Milky Way.
can someone explain why it just shot up?
$464
Please ensure your seat belt is properly fastened as we exit the atmosphere.
PANIC BUY!!!!!!
$453!
To the moon!
To the moon!
No but when you see a combination of a train picture, a rocket picture, a moon picture, and a bear picture, it is a confirmed sell signal.
And of course JimboToronto's all time favourite since Dec 2013:
This... THIS right here is the excellent TA I expect from all of you... Step up your game, fellas.
The price move could be a flag two months ago, but now clearly it's way to extensive to be a flag. We are on a median-term down trend.
this was a pretty 'extensive' bull flag
guess what happened next!
A retracement rally in an overall bear market:
So you just need to zoom out to get the real picture?
Uhuh, now please zoom out the Bitcoin chart and presto!
The price move could be a flag two months ago, but now clearly it's way to extensive to be a flag. We are on a median-term down trend.
this was a pretty 'extensive' bull flag
guess what happened next!
A retracement rally in an overall bear market:
So you just need to zoom out to get the real picture?
The price move could be a flag two months ago, but now clearly it's way to extensive to be a flag. We are on a median-term down trend.
this was a pretty 'extensive' bull flag
guess what happened next!
I'm afraid that doesn't look like bullish and even less like a flag. The downtrend movement can't be longer or with similar size than the previous uptrend movement ("the mast") to be a "flag" or "pennant" or we have to conclude that the uptrend movement is finish or we are going to a double bottom. Well, the flag is suppose to be a continuation pattern
Now, all down trends eventually end. In your case, might be only a dead cat bounce or not (that isn't my point).
I'm optimistic about impact of the Fed's new report.
Federal Reserve: Bitcoin Potential 'Boon' for Global Commerce
http://coinde.sk/1ki5Zeh
Federal Reserve: Bitcoin Potential 'Boon' for Global Commerce
http://coinde.sk/1ki5Zeh
Don't be. Trust me. Means absolutely nothing.
Still at least they are positive about it, rather then attempting to suppress it.
Coindesk articles should be taken with a pinch of salt.
I'm optimistic about impact of the Fed's new report.
Federal Reserve: Bitcoin Potential 'Boon' for Global Commerce
http://coinde.sk/1ki5Zeh
Federal Reserve: Bitcoin Potential 'Boon' for Global Commerce
http://coinde.sk/1ki5Zeh
Don't be. Trust me. Means absolutely nothing.
Still at least they are positive about it, rather then attempting to suppress it.
Coindesk articles should be taken with a pinch of salt.
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