Author

Topic: Interesting trend in the BTC price lows? (Read 909 times)

sr. member
Activity: 462
Merit: 251
June 07, 2014, 06:51:24 AM
#7
the next uptrend should break 1000
I wouldn't be so sure, the previous uptrend went longer than it should because gox was keeping the price up by buying their own coins with a bot. So next pump may end much lower like in the $800s.
sr. member
Activity: 252
Merit: 250
the next uptrend should break 1000
sr. member
Activity: 406
Merit: 250
Yes, I think the floor going up each time is the most significant thing about it. That might be why investors are suddenly pouring so much capital into the infrastructure.

I got time to look at the numbers properly a few minutes ago. Ignoring the size of the spikes, it's the steady trend in the lows that's most revealing. There's an surprisingly steady 10x increase every 12 to 15 months. Even if this were to slow down to 10x every 18 to 24 months that's the sort of scope for returns that's definitely going to get investors attention.

Exactly. Even the floor prices give you something to like. 
member
Activity: 63
Merit: 10
Yes, I think the floor going up each time is the most significant thing about it. That might be why investors are suddenly pouring so much capital into the infrastructure.

I got time to look at the numbers properly a few minutes ago. Ignoring the size of the spikes, it's the steady trend in the lows that's most revealing. There's an surprisingly steady 10x increase every 12 to 15 months. Even if this were to slow down to 10x every 18 to 24 months that's the sort of scope for returns that's definitely going to get investors attention.

This analysis (mine) sort of equates to what you are saying here:
https://bitcointalksearch.org/topic/m.7158065
full member
Activity: 136
Merit: 100
Yes, I think the floor going up each time is the most significant thing about it. That might be why investors are suddenly pouring so much capital into the infrastructure.

I got time to look at the numbers properly a few minutes ago. Ignoring the size of the spikes, it's the steady trend in the lows that's most revealing. There's an surprisingly steady 10x increase every 12 to 15 months. Even if this were to slow down to 10x every 18 to 24 months that's the sort of scope for returns that's definitely going to get investors attention.
sr. member
Activity: 406
Merit: 250
A few months ago I wrote an article about the periodic spikes in the BTC price. Given the increases over the last few weeks it seemed likely that this might be the start of the next 7 month spike. What I hadn't looked at before is what the trend is in the low point value between the highs - I was pretty surprised by just how that ended up looking!

http://hashingit.com/analysis/18-strange-spikes-revisited

Yes, I think the floor going up each time is the most significant thing about it. That might be why investors are suddenly pouring so much capital into the infrastructure.
full member
Activity: 136
Merit: 100
A few months ago I wrote an article about the periodic spikes in the BTC price. Given the increases over the last few weeks it seemed likely that this might be the start of the next 7 month spike. What I hadn't looked at before is what the trend is in the low point value between the highs - I was pretty surprised by just how that ended up looking!

http://hashingit.com/analysis/18-strange-spikes-revisited
Jump to: