Lets get one thing straight: there will NOT be a run-up anytime soon - page 5.

glender

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Quote from: Wekkel on August 28, 2014, 04:45:57 PM

The rally won't come before 80% has become bored and no longer thinks about Bitcoin's price. That's when we hit bottom.

My guess is we're already at that point, if not really close.

http://i.imgur.com/VM4Gdf5.png

I think it's safe to say those who came during the bubble have forgotten about it and left, leaving only serious loyal bitcoiners.

sgbett

legendary

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Its coming alright, I've just been forced to sell a chunk due to a mild cash-flow crisis

Wekkel

legendary

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yes

The rally won't come before 80% has become bored and no longer thinks about Bitcoin's price. That's when we hit bottom.

glender

newbie

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Quote from: thedarksun on August 28, 2014, 02:11:13 PM

Quote from: zetaray on August 28, 2014, 02:07:44 PM

What do you mean by "soon"? A few weeks? Or a few months? I expect some good news by the end of the year that will help bitcoin regain the $700 level.

Good guess. If we stay awya from bad news then BTC hitting 700 by the end of the year is a realistic claim. And 1000 by the end of 2015.

In these doldrums, what kind of bad news is possible?

Nothing going on atm, and no news = good news Cool

BitcoinHawker

newbie

Activity: 38

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demand up, supply will eventually go down. I am patient.

NapoleonBonaparte

full member

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Quote from: thedarksun on August 28, 2014, 01:43:12 PM

The last rally was set by chinese investors. When china banned btc last year, it started the btc decline that has lasted a year. There won't magically be another rally out of nowhere just because there has passed 1 year. Like most of you deluded people think; "it's been a year soon since the first big crash, surely a new rally is around the corner". NO. Unless China drops all BANS on BTC, BTC will stay in the shadow of its former glory. And the other altcoins are pretty much dead with absolutely no chance of resurrection.

Yes, I admit I invested around a little less than 7Kdollars and basically lost it all but it doesn't really affect my conclusion

For the last 4 years, bitcoin only run up when there was huge pessimism on the forum and crashed down hard when the forum was full of optimism and made recent new high.

Will this time be any different? Probably not. So buy when there are so many people claiming end of btc.

spazzdla

legendary

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Quote from: thedarksun on August 28, 2014, 02:58:02 PM

Quote from: Ibian on August 28, 2014, 02:19:01 PM

Then you are a fool and you deserve your loss.

If I am a fool or if I deserve it is irrelevant to the topic. The point of the subject is that we won't be seeing bullish rallies until at least 1 years ahead.
And the altcoins will probably die off while BTC keeps its stronghold at 500-700.

I wouldn't bet on that.

alexeft

legendary

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Well, the more people say that there won't be a rally, the more probable it becomes that there will be one!!!

dropt

legendary

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Quote from: thedarksun on August 28, 2014, 02:58:02 PM

If I am a fool or if I deserve it is irrelevant to the topic. The point of the subject is that we won't be seeing bullish rallies until at least 1 years ahead.
And the altcoins will probably die off while BTC keeps its stronghold at 500-700.

Well thanks for your opinion. Don't know yet if I'll completely ignore you, or give your lengthy analysis of the topic some consideration.

proudhon

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Quote from: thedarksun on August 28, 2014, 01:43:12 PM

The last rally was set by chinese investors. When china banned btc last year, it started the btc decline that has lasted a year. There won't magically be another rally out of nowhere just because there has passed 1 year. Like most of you deluded people think; "it's been a year soon since the first big crash, surely a new rally is around the corner". NO. Unless China drops all BANS on BTC, BTC will stay in the shadow of its former glory. And the other altcoins are pretty much dead with absolutely no chance of resurrection.

Yes, I admit I invested around a little less than 7Kdollars and basically lost it all but it doesn't really affect my conclusion

Maybe not. It's impossible to know. I do like to keep an eye on the frequency of posts/topics like this and sort of unscientifically judge whether they're on the rise or not, and if so, I take that as a sign to buy. It's worked more than not. But, honestly, I have no fucking clue what I'm doing.

thedarksun

sr. member

Activity: 639

Merit: 251

Quote from: Ibian on August 28, 2014, 02:19:01 PM

Then you are a fool and you deserve your loss.

If I am a fool or if I deserve it is irrelevant to the topic. The point of the subject is that we won't be seeing bullish rallies until at least 1 years ahead.
And the altcoins will probably die off while BTC keeps its stronghold at 500-700.

illyiller

hero member

Activity: 697

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Quote from: Ibian on August 28, 2014, 02:19:01 PM

Quote from: thedarksun on August 28, 2014, 02:14:02 PM

Quote from: thedarksun on August 28, 2014, 02:11:13 PM

Good guess. If we stay awya from bad news then BTC hitting 700 by the end of the year is a realistic claim. And 1000 by the end of 2015.

I bought NMC @8, and LTC @37.

Then you are a fool and you deserve your loss.

Hey, that's kind of harsh. Personally, I immediately dump altcoins if the market moves against me. But I would have thought the Speculation forum was the one sanctuary for bagholders. I guess it's BTC bagholders only. Grin

Ibian

legendary

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Quote from: thedarksun on August 28, 2014, 02:14:02 PM

Quote from: thedarksun on August 28, 2014, 02:11:13 PM

Good guess. If we stay awya from bad news then BTC hitting 700 by the end of the year is a realistic claim. And 1000 by the end of 2015.

I bought NMC @8, and LTC @37.

Then you are a fool and you deserve your loss.

thedarksun

sr. member

Activity: 639

Merit: 251

Quote from: thedarksun on August 28, 2014, 02:11:13 PM

Good guess. If we stay awya from bad news then BTC hitting 700 by the end of the year is a realistic claim. And 1000 by the end of 2015.

I bought NMC @8, and LTC @37.

thedarksun

sr. member

Activity: 639

Merit: 251

Quote from: zetaray on August 28, 2014, 02:07:44 PM

What do you mean by "soon"? A few weeks? Or a few months? I expect some good news by the end of the year that will help bitcoin regain the $700 level.

Good guess. If we stay awya from bad news then BTC hitting 700 by the end of the year is a realistic claim. And 1000 by the end of 2015.

bit tired

member

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Quote from: thedarksun on August 28, 2014, 01:43:12 PM

Yes, I admit I invested around a little less than 7Kdollars and basically lost it all but it doesn't really affect my conclusion

Bitcoin is a bit less than half its peak value, so you must have almost half of your 7Kdollars left.

zetaray

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What do you mean by "soon"? A few weeks? Or a few months? I expect some good news by the end of the year that will help bitcoin regain the $700 level.

glender

newbie

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eh i think it will slowly rise, no bubble though

spazzdla

legendary

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Exceptttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttt ttttttttttttttttttttttttttttttttttttt China never banned BTC.

Ibian

legendary

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Bullish.

Topic: Lets get one thing straight: there will NOT be a run-up anytime soon - page 5. (Read 4973 times)