New ATH, here we come! | Bitcointalksearch.org

ruski

full member

Activity: 350

Merit: 100

Quote from: Idaho on April 23, 2013, 05:06:41 PM

Other than the dream of being rich, and a general belief in the potential of bitcoin, what exactly is the reason for a rising price? Yes bitcoin is useful, yes it's novel, yes crypto currencies are likely to be a feature of the future economy. But really?

Precisely? More purchasing volume at market than sale volume at market. People either want their bitcoins right now to spend, and can't be bothered putting a bid at sale price and waiting, or speculators don't want to miss the train. The former is value. The latter snowballs.

batcoin

full member

Activity: 238

Merit: 100

In Gord We Trust

Quote from: ?? on ??

Quote from: w00t on April 23, 2013, 11:48:33 AM

If my analysis is correct and nothing unexpected happens, I guess we will get at 1 BTC per 150 USD on 4th May 2013

or more likely tomorrow

The prophecy has proven true. Listen to the prophet.

Kazu

full member

Activity: 168

Merit: 100

Quote from: ineededausername on April 23, 2013, 05:20:59 PM

Potential timeline for this final push:

End of Apr: $200, pressure building
May (1st week): $250, pressure building even more, giant wall at $266
May (2nd week): $500, $750 in rapid succession
May (3rd week): Peak at $1k with a giant selloff and a rapid climb back to $1k. Peak: ~$1100
May (4th week): Back to $250, very slow growth from here on (think of Sept-Dec 2012)

Just pulling some numbers out of my nether regions...

It won't go above $1000. It will likely peak just above $950. Also the time it takes to go from $200 to $500 is vastly understated.

ineededausername

hero member

Activity: 784

Merit: 1000

bitcoin hundred-aire

Potential timeline for this final push:

End of Apr: $200, pressure building
May (1st week): $250, pressure building even more, giant wall at $266
May (2nd week): $500, $750 in rapid succession
May (3rd week): Peak at $1k with a giant selloff and a rapid climb back to $1k. Peak: ~$1100
May (4th week): Back to $250, very slow growth from here on (think of Sept-Dec 2012)

Just pulling some numbers out of my nether regions...

Idaho

newbie

Activity: 34

Merit: 0

You can be bearish or bullish on a price, but you aren't a bear or a bull. Likewise you can only lose a shirt if you have invested. If you are watching then you are in no risk of losing your shirt.

This forum is full of loonies who are more interested in posturing than in crypto currencies. 80% of buying is speculative. Where is this thrumming btc economy you speak of (SR aside)?

salty

full member

Activity: 562

Merit: 100

Quote from: notme on April 23, 2013, 11:57:05 AM

Quote from: chiropteran on April 23, 2013, 11:54:05 AM

Quote from: Geist on April 23, 2013, 11:30:23 AM

Quote from: chiropteran on April 23, 2013, 11:28:40 AM

My guess is May 20th.

That would be the very best birthday present. Cheesy

Me too, that is why I picked it.

Before someone says "what are the odds", I will answer, "higher than you think": http://en.wikipedia.org/wiki/Birthday_problem

without looking ... 1/365?

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: Idaho on April 23, 2013, 05:06:41 PM

Other than the dream of being rich, and a general belief in the potential of bitcoin, what exactly is the reason for a rising price? Yes bitcoin is useful, yes it's novel, yes crypto currencies are likely to be a feature of the future economy. But really?

People are getting wrapped up in a fantasy of buying a few coins and making thousands. The boat for that has gone. Get a time machine and buy a few thousand in 2011. The current high price has already priced in a lot of future potential.

more people adopt using it (even testing it) the higher the price.

There is many people and fiat on this earth.

Bears who are in denial of this will lose their shirts with the price rise.

Idaho

newbie

Activity: 34

Merit: 0

Other than the dream of being rich, and a general belief in the potential of bitcoin, what exactly is the reason for a rising price? Yes bitcoin is useful, yes it's novel, yes crypto currencies are likely to be a feature of the future economy. But really?

People are getting wrapped up in a fantasy of buying a few coins and making thousands. The boat for that has gone. Get a time machine and buy a few thousand in 2011. The current high price has already priced in a lot of future potential.

starsoccer9

legendary

Activity: 1630

Merit: 1000

calling 240 on may 19th and before end of may breaking ATH

600watt

legendary

Activity: 2338

Merit: 2106

new ath in may 2013.

straight through 500 in july 2013

some clerk pulling the wrong cable at some server in tokyo followed by a minor technical problem which results in a panic sell at 9xx in september 2013. bloodshed.

down to ... hm... below 100.

hopefully i will have some funds at some exchange by then.

w00t

full member

Activity: 188

Merit: 108

Quote from: ?? on ??

Quote from: w00t on April 23, 2013, 11:48:33 AM

If my analysis is correct and nothing unexpected happens, I guess we will get at 1 BTC per 150 USD on 4th May 2013

or more likely tomorrow

I wish I was wrong

Wuji

newbie

Activity: 56

Merit: 0

Quote from: phantastisch on April 23, 2013, 11:33:11 AM

Quote from: Wuji on April 23, 2013, 11:30:51 AM

My prediction is another burst

So brave.

http://24.media.tumblr.com/tumblr_m4npgiHB2z1r5zuiho1_400.jpg

Wuji

newbie

Activity: 56

Merit: 0

Quote from: smoothie on April 23, 2013, 11:32:00 AM

Quote from: Wuji on April 23, 2013, 11:30:51 AM

ATH happened at $266. My prediction is another burst before $266 and before June.

"burst"....

so vague

Here maybe this is less vague for you. Massive increases in price as more of the herd starts getting greeding buying high as usual. Then a day or two of shaky level off and huge increase in volatility. Then bubble burst number 3 or, to elaborate PANIC SELL woo woo. I bought at $71 so hope it happens over $200 for another 300% profit (last time I sold at $230 for 1600%). Is that less vague for you? I can elaborate all day if that makes you feel warm and fuzzy. Also you can review my previous posts where I specified my buys and sells before the bursts etc.

notme

legendary

Activity: 1904

Merit: 1002