Topic: How long will we continue to push new highs? - page 3. (Read 5534 times)
I saw a thread where proudhon advised to sell. So no correction coming any time soon.
My customers are not buyers at this point. I say any day we crash
We will continue to push new highs until the market finds equilibrium. Such is the way of the free market economy.
Vague, supercilious answer aside, given the current adoption, transaction and exchange volume, and publicity, I'm putting my money on $117.17 by August 17th, 2013.
Vague, supercilious answer aside, given the current adoption, transaction and exchange volume, and publicity, I'm putting my money on $117.17 by August 17th, 2013.
If the blow-off top was only one day this time, then it is over already.
If not, then you are watching a dramatic mutli-day medium-term high.
If you think this is "a new type of economy that always goes up", then you should invest in the 2001 dot-com bubble.
If not, then you are watching a dramatic mutli-day medium-term high.
If you think this is "a new type of economy that always goes up", then you should invest in the 2001 dot-com bubble.
It'll keep going up as long as bears like Adam and Proudhun keep trying to tell people to sell because they have "foreseen it" or whatever silly bear logic they can come up with.
Wordpress, reddit, now namecheap. The mainstream dominos are starting to fall, within 6 months Bitcoin will be standard, which means potentially exponential growth. My estimation is that it will level off around $3000 USD by Jan 1st, 2014.
Quite an estimation... I'd be surprised & happy to see even $100/BTC by the end of the year. 
Wordpress, reddit, now namecheap. The mainstream dominos are starting to fall, within 6 months Bitcoin will be standard, which means potentially exponential growth. My estimation is that it will level off around $3000 USD by Jan 1st, 2014.
How do you define smart money around here?
I am watching it but not very closely, sold enough of my coins to get back all my initial investments, still have a few left over so anything from here on out is profit, IF it rises a bunch, good i will make some more money, if it drops a lot, well at least i already got my seed money out! 
Everyone should note that the climb is steady, but on an exponential axis. These 10% moves in a day just look more dramatic when we are at $40 than when we were at $20.
Yup. All the recent price action looks yawnworthy on a log-scale chart.
Everyone should note that the climb is steady, but on an exponential axis. These 10% moves in a day just look more dramatic when we are at $40 than when we were at $20.
Nah, I was blown away by the rocket towards (and from) $16, despite being very bullish at that time.
Seriously. I've stopped measuring Bitcoins value in dollars and just go by how many times I yell JESUS FUCKING CHRIST at my screen.
My guess is we'll see at least 7-10 "JESUS FUCKING CHRIST"s between now and the top. After that, I expect a 3-5 "OH SHIT, OH SHIT, OH SHIT" correction before the rally resumes, possibly in the familiar "SWEET" / "AWW, HELL YEAH" pattern. But that's all of course just speculation.
lmao this is hilarious, and one of the more believable predictions
Everyone should note that the climb is steady, but on an exponential axis. These 10% moves in a day just look more dramatic when we are at $40 than when we were at $20.
$100 is a major psychological threshold, that is for sure. I can't see the rally going past that, there will be a correction before we go over it.
We are on our way to a billion dollar market cap though. It's almost inevitable. I just don't think it will go straight from $400M to $1B, there will be a correction somewhere in between.
We are on our way to a billion dollar market cap though. It's almost inevitable. I just don't think it will go straight from $400M to $1B, there will be a correction somewhere in between.
My guess is we'll see at least 7-10 "JESUS FUCKING CHRIST"s between now and the top. After that, I expect a 3-5 "OH SHIT, OH SHIT, OH SHIT" correction before the rally resumes, possibly in the familiar "SWEET" / "AWW, HELL YEAH" pattern. But that's all of course just speculation.
Best prediction I've ever read.
I lost it at the SWEET / AWW HELL YEAH pattern, lmfao.
Technical bronalysis
I think it'll start going down soon.
+1 it really should have some kind of downward move soon...
bitcoin is NOT highly distributed, and their are people that hold 1/4 a million or even millions of bitcoins, one of these days the price will stop going up and start heading back down, because of these people.
Nonsense.
I don't see kids buying BTC at $100 just for fun, and ordinary folks neither. For that, BTC needs a killer app.
Oops, did I just say 'will not cross $100'?
Oops, did I just say 'will not cross $100'?
I think it'll start going down soon.
+1 it really should have some kind of downward move soon...
bitcoin is NOT highly distributed, and their are people that hold 1/4 a million or even millions of bitcoins, one of these days the price will stop going up and start heading back down, because of these people.
My guess is we'll see at least 7-10 "JESUS FUCKING CHRIST"s between now and the top. After that, I expect a 3-5 "OH SHIT, OH SHIT, OH SHIT" correction before the rally resumes, possibly in the familiar "SWEET" / "AWW, HELL YEAH" pattern. But that's all of course just speculation.
fucking lol
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