After doing some logarithms and stuff to find out when the bubble will pop, the price will reach (2.444)^(
)*13.5 = 5.34*13.5 = $72.This would somewhat nicely coincide with my official prediction.
...
Topic: I'll have a stab at the top: $40.53 - $47.65 (Read 1478 times)
After doing some logarithms and stuff to find out when the bubble will pop, the price will reach (2.444)^(
)*13.5 = 5.34*13.5 = $72.This would somewhat nicely coincide with my official prediction.
...
In the grand scheme of things, the price is going to carry on going up, but as I agree that $17-$19 is the price minus speculation, I'm not buying anymore until the current peak has popped!
The only problem is that if this rally continues for a month or two, that sensible figure will naturally be higher as there will be more natural volume in the market, so I think that I might have to spend up to $21 per coin in May.
The only problem is that if this rally continues for a month or two, that sensible figure will naturally be higher as there will be more natural volume in the market, so I think that I might have to spend up to $21 per coin in May.
Nice analysis 
I'm thinking a large correction about $50 but not so sure that will be the end of the bubble. Might be only the beginning ;-)
I'm thinking a large correction about $50 but not so sure that will be the end of the bubble. Might be only the beginning ;-) 
"Wave Three" OMG!
I stirred the tea leaves again and now it looks like the last bubble was only 15/7 = 2.14:1 after correcting for the long-term exponentially increasing support level.
Bubble mode started around Jan 13th, bottom at $13.5
support level currently at $17.
17/13.5 =1.259
support level daily growth = (17/13.5)^(1/46) = 1+i = 1.005024
bubble growth 33/13.5 = 2.444
bubble daily growth = (33/13.5)^(1/46) = 1+i = 1.0196 or almost 2% daily growth
net growth: (2.444/1.259)^(1/46) = 1.0145
So the bubble will pop when the net total growth reaches 3.46 times whatever the support is on that day.
After doing some logarithms and stuff to find out when the bubble will pop, the price will reach (2.444)^(
)*13.5 = 5.34*13.5 = $72.
LOL
"Wave Three" OMG!
I stirred the tea leaves again and now it looks like the last bubble was only 15/7 = 2.14:1 after correcting for the long-term exponentially increasing support level.
Bubble mode started around Jan 13th, bottom at $13.5
support level currently at $17.
17/13.5 =1.259
support level daily growth = (17/13.5)^(1/46) = 1+i = 1.005024
bubble growth 33/13.5 = 2.444
bubble daily growth = (33/13.5)^(1/46) = 1+i = 1.0196 or almost 2% daily growth
net growth: (2.444/1.259)^(1/46) = 1.0145
So the bubble will pop when the net total growth reaches 3.46 times whatever the support is on that day.
After doing some logarithms and stuff to find out when the bubble will pop, the price will reach (2.444)^(
)*13.5 = 5.34*13.5 = $72.
"Wave Three" OMG!
But the last wave is usually the strongest.
The May-June 2012 bottom looks like the restart of wave 1 to me. So that means we're only on Wave 3 now? That would make the top around...
previous peak: $15/$7
re-based to $18
18 * (15/5) * 1.618 = $87 ?!?!
sunnuva... jebus! I mean, I totally expected that 
Did you read the correct tea leafs?
This is just getting silly.
If you have any sense, you'll be setting your selling prices around about now and buying again after the dead cat bounce!
If you have any sense, you'll be setting your selling prices around about now and buying again after the dead cat bounce!
But the last wave is usually the strongest.
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