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Topic: It hit 500! - page 4. (Read 5396 times)

legendary
Activity: 2324
Merit: 1125
May 20, 2014, 02:42:56 PM
#37
Yeah, what's the deal with the spike today? Is there some piece of news I am missing, or is it just coincidence?

If you watch the charts it was expected to happen sometime this week or next.  We had finally reached the end of capitulation and it was just a matter of days before we were going to break out.  We have breached the resistance line for the first time since November so we should begin a new bull run up to the next ATH.

It really becomes quite predictable after a while.  Wink

Yeah, obviously this small rise in price means the ATH is at most a week away.

A entire week? Why are you so bearish?

Yup Jesus, do you expect me to wait a whole weak? Do you think I'm made of patience? Wink
legendary
Activity: 1148
Merit: 1001
May 20, 2014, 02:27:54 PM
#36
By the end of this year it should hit the $1200 mark again, catapulted by the consolidation of interesting start-ups and the cash injection of their VCs  Cool

$1200 by the end of the year is a very conservative estimate. 
newbie
Activity: 47
Merit: 0
May 20, 2014, 02:02:49 PM
#35
By the end of this year it should hit the $1200 mark again, catapulted by the consolidation of interesting start-ups and the cash injection of their VCs  Cool
hero member
Activity: 518
Merit: 500
May 20, 2014, 01:36:28 PM
#34
Yeah, what's the deal with the spike today? Is there some piece of news I am missing, or is it just coincidence?

If you watch the charts it was expected to happen sometime this week or next.  We had finally reached the end of capitulation and it was just a matter of days before we were going to break out.  We have breached the resistance line for the first time since November so we should begin a new bull run up to the next ATH.

It really becomes quite predictable after a while.  Wink

Yeah, obviously this small rise in price means the ATH is at most a week away.



Hey, it is a start. 

In spite of your sarcasm, a week is probably a little too optimistic.  Looking back it takes several weeks from the start of a bull run to reach the ATH.  I am not sure the exact number of days.  I am sure it is out there somewhere.  But I think 4 more weeks perhaps and it might bounce around the ATH price for a while with some significant sell-offs.  It should be fun regardless. Wink

Can I just have you, on record, stating that the price will not stall or go down again until it reaches $1,000 ?

Will the price fluctuate on it's rise up to $1000?  Of course, so I can't say it won't go down at all, and it might stall for a day or so at each interval but the boring days of $440 are behind us now.  Also, I will say that once we breach $550 we will most likely never see the 400s again.   Grin

If the price doesn't reach $1,000 by the end of July, will you eat your hat?

sr. member
Activity: 266
Merit: 250
May 20, 2014, 01:35:25 PM
#33
Yeah, what's the deal with the spike today? Is there some piece of news I am missing, or is it just coincidence?

If you watch the charts it was expected to happen sometime this week or next.  We had finally reached the end of capitulation and it was just a matter of days before we were going to break out.  We have breached the resistance line for the first time since November so we should begin a new bull run up to the next ATH.

It really becomes quite predictable after a while.  Wink

Yeah, obviously this small rise in price means the ATH is at most a week away.



Hey, it is a start. 

In spite of your sarcasm, a week is probably a little too optimistic.  Looking back it takes several weeks from the start of a bull run to reach the ATH.  I am not sure the exact number of days.  I am sure it is out there somewhere.  But I think 4 more weeks perhaps and it might bounce around the ATH price for a while with some significant sell-offs.  It should be fun regardless. Wink

Can I just have you, on record, stating that the price will not stall or go down again until it reaches $1,000 ?

Will the price fluctuate on it's rise up to $1000?  Of course, so I can't say it won't go down at all, and it might stall for a day or so at each interval but the boring days of $440 are behind us now.  Also, I will say that once we breach $550 we will most likely never see the 400s again.   Grin

If the price doesn't reach $1,000 by the end of July, will you eat your hat?
hero member
Activity: 798
Merit: 1000
May 20, 2014, 12:38:40 PM
#32
It was obviously going to go up, but I did not expect it to spike so suddenly without any positive news. Going down right now.

When the price rises so quickly there is always corrections along the way.  It hit $500 then bounced down a bit but it will pass $500 by the end of the day I believe.  Then the same thing will probably happen at $550 and so on. 

I think so too. By the way, is there an IRC where we people can chat?
It should be able to reach at $500 by end of day, it only barely touched it. It's going up again.
legendary
Activity: 1148
Merit: 1001
May 20, 2014, 12:36:37 PM
#31
It was obviously going to go up, but I did not expect it to spike so suddenly without any positive news. Going down right now.

When the price rises so quickly there is always corrections along the way.  It hit $500 then bounced down a bit but it will pass $500 by the end of the day I believe.  Then the same thing will probably happen at $550 and so on. 
hero member
Activity: 798
Merit: 1000
May 20, 2014, 12:35:12 PM
#30
It was obviously going to go up, but I did not expect it to spike so suddenly without any positive news. Going down right now.
legendary
Activity: 1148
Merit: 1001
May 20, 2014, 12:32:08 PM
#29
Yeah, what's the deal with the spike today? Is there some piece of news I am missing, or is it just coincidence?

If you watch the charts it was expected to happen sometime this week or next.  We had finally reached the end of capitulation and it was just a matter of days before we were going to break out.  We have breached the resistance line for the first time since November so we should begin a new bull run up to the next ATH.

It really becomes quite predictable after a while.  Wink

Yeah, obviously this small rise in price means the ATH is at most a week away.



Hey, it is a start. 

In spite of your sarcasm, a week is probably a little too optimistic.  Looking back it takes several weeks from the start of a bull run to reach the ATH.  I am not sure the exact number of days.  I am sure it is out there somewhere.  But I think 4 more weeks perhaps and it might bounce around the ATH price for a while with some significant sell-offs.  It should be fun regardless. Wink

Can I just have you, on record, stating that the price will not stall or go down again until it reaches $1,000 ?

Will the price fluctuate on it's rise up to $1000?  Of course, so I can't say it won't go down at all, and it might stall for a day or so at each interval but the boring days of $440 are behind us now.  Also, I will say that once we breach $550 we will most likely never see the 400s again.   Grin
sr. member
Activity: 448
Merit: 250
May 20, 2014, 12:30:58 PM
#28
Shite, I sold some YESTERDAY!!!
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
May 20, 2014, 12:30:36 PM
#27

Seems familiar? The pump and dump just ended.
legendary
Activity: 896
Merit: 1000
May 20, 2014, 12:29:42 PM
#26
I'm not sure if this necessarily ushers in a new bull run, but this level of volatility hadn't been seen for a while, especially after a fairly quiet period before hand.

I would like to think this is another strong run, but I can't convince myself of that conclusion. That's why I sold a few coins on Coinbase when it hit just over $500.
sr. member
Activity: 266
Merit: 250
May 20, 2014, 12:27:13 PM
#25
Yeah, what's the deal with the spike today? Is there some piece of news I am missing, or is it just coincidence?

If you watch the charts it was expected to happen sometime this week or next.  We had finally reached the end of capitulation and it was just a matter of days before we were going to break out.  We have breached the resistance line for the first time since November so we should begin a new bull run up to the next ATH.

It really becomes quite predictable after a while.  Wink

Yeah, obviously this small rise in price means the ATH is at most a week away.



Hey, it is a start. 

In spite of your sarcasm, a week is probably a little too optimistic.  Looking back it takes several weeks from the start of a bull run to reach the ATH.  I am not sure the exact number of days.  I am sure it is out there somewhere.  But I think 4 more weeks perhaps and it might bounce around the ATH price for a while with some significant sell-offs.  It should be fun regardless. Wink

Can I just have you, on record, stating that the price will not stall or go down again until it reaches $1,000 ?
sr. member
Activity: 322
Merit: 250
Decentralize All The Things!
May 20, 2014, 12:26:30 PM
#24
So let's say this is technically a false start, like a pump/dump (if I understand that correctly) and it shoots up to $599...and then the media sees the jump and starts reporting bitcoin's jump...

And what should they report? "Bitcoin is now worth half of what it used to be!" ?

They will not report anything before the old all time high is broken.
full member
Activity: 126
Merit: 101
Be Here Now
May 20, 2014, 12:24:00 PM
#23
So let's say this is technically a false start, like a pump/dump (if I understand that correctly) and it shoots up to $599...and then the media sees the jump and starts reporting bitcoin's jump...

What happens next?


(Also, please explain the lines question...trying to learn here, don't know *where* to go to learn this so I ask Smiley )
legendary
Activity: 1148
Merit: 1001
May 20, 2014, 12:15:52 PM
#22
Yeah, what's the deal with the spike today? Is there some piece of news I am missing, or is it just coincidence?

If you watch the charts it was expected to happen sometime this week or next.  We had finally reached the end of capitulation and it was just a matter of days before we were going to break out.  We have breached the resistance line for the first time since November so we should begin a new bull run up to the next ATH.

It really becomes quite predictable after a while.  Wink

Yeah, obviously this small rise in price means the ATH is at most a week away.



Hey, it is a start. 

In spite of your sarcasm, a week is probably a little too optimistic.  Looking back it takes several weeks from the start of a bull run to reach the ATH.  I am not sure the exact number of days.  I am sure it is out there somewhere.  But I think 4 more weeks perhaps and it might bounce around the ATH price for a while with some significant sell-offs.  It should be fun regardless. Wink
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
May 20, 2014, 12:14:34 PM
#21
Yeah, what's the deal with the spike today? Is there some piece of news I am missing, or is it just coincidence?

If you watch the charts it was expected to happen sometime this week or next.  We had finally reached the end of capitulation and it was just a matter of days before we were going to break out.  We have breached the resistance line for the first time since November so we should begin a new bull run up to the next ATH.

It really becomes quite predictable after a while.  Wink

Yeah, obviously this small rise in price means the ATH is at most a week away.



I didn't realise that. Awesome news.
full member
Activity: 126
Merit: 101
Be Here Now
May 20, 2014, 12:14:20 PM
#20
It's torture watching it go: 500, 499, 498, 494, 498, 497, 499, 499, 499, 499  Grin
sr. member
Activity: 266
Merit: 250
May 20, 2014, 12:12:06 PM
#19
Yeah, what's the deal with the spike today? Is there some piece of news I am missing, or is it just coincidence?

If you watch the charts it was expected to happen sometime this week or next.  We had finally reached the end of capitulation and it was just a matter of days before we were going to break out.  We have breached the resistance line for the first time since November so we should begin a new bull run up to the next ATH.

It really becomes quite predictable after a while.  Wink

Yeah, obviously this small rise in price means the ATH is at most a week away.

legendary
Activity: 1148
Merit: 1001
May 20, 2014, 12:08:44 PM
#18
OMG please please have octuplets!!!  Grin

The question is, is it actual labor or false labor?

Hahaha poor Bitchickshusband though Sad

I could handle several thousand of these "babies!"  Wink
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