Congratulations OP, you have a well-functioning crystal ball. Now tell us what happens next? 
Well, looking at the chart I would wager for a continued rise to around $13-15 then a steady consolidation for 3-4 months.
Topic: Next breakout coming soon! Here comes $11. (Read 6589 times)
Well, looking at the chart I would wager for a continued rise to around $13-15 then a steady consolidation for 3-4 months.
4 digits coming soon 
Select one:
<18mo
<16mo
<12mo
Congratulations OP, you have a well-functioning crystal ball. Now tell us what happens next?
4 digits coming soon
0.001 four digits
Congratulations OP, you have a well-functioning crystal ball. Now tell us what happens next?
4 digits coming soon
Spike to $10,000 then $0
Congratulations OP, you have a well-functioning crystal ball. Now tell us what happens next?
9-10 digit size? Like $857,499,185 and $1,320,419,443? :-)
Yes! Exactly those numbers!
We pushed over 9 2 weeks ago in an unhealthy situation...
Exactly. If the investment and speculative capital continues to steadily flow into Bitcoin, that wealth won't be easily spooked with the lack of technical bid vacuum areas. Most are only looking at the purely speculative aspect of the Bitcoin markets without taking into account real world business activity.
As a market grows toward the 9-10 digit size, it starts attracting 'legitimate' businesses that see a potential client/consumer market that can be tapped. So at some level not too far above the USD$100mm market size, real businesses should start waking up to Bitcoin's presence and seek ways to tap into it. With that happening, the chances of Bitcoin's exchange rate collapsing becomes even more remote.
9-10 digit size? Like $857,499,185 and $1,320,419,443? :-)
These smaller dumps and sell walls look to me like short-term speculators calling a top and then getting eaten by long term investors who are going to put the coins in the freezer.
bitcoins in the freezer
please her with a tweezers
We pushed over 9 2 weeks ago in an unhealthy situation...
Exactly. If the investment and speculative capital continues to steadily flow into Bitcoin, that wealth won't be easily spooked with the lack of technical bid vacuum areas. Most are only looking at the purely speculative aspect of the Bitcoin markets without taking into account real world business activity.
As a market grows toward the 9-10 digit size, it starts attracting 'legitimate' businesses that see a potential client/consumer market that can be tapped. So at some level not too far above the USD$100mm market size, real businesses should start waking up to Bitcoin's presence and seek ways to tap into it. With that happening, the chances of Bitcoin's exchange rate collapsing becomes even more remote.
The predicted ramp continues... 9.54 high, and I see no reason to believe that it's stopping.
bitcoin rallied from 5 to 9 in 2 months
now for 2 weeks we have been at 9
isn't clear we have topped off?
even if this rally pushes higher... how much higher? the higher the fewer coins are needed to crash it.
We spent two weeks below 6.8... woe to those who sold below 7 (or 8, or 9).
We pushed over 9 2 weeks ago in an unhealthy situation that many attribute to a particular market manipulator.
Take a look at this graph and tell me if you see a top:
http://blockchain.info/charts/market-price?timespan=60days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
I just see an artificial spike...
There was 60k btc for sale at or below 10 yesterday and 35k now. This is a healthy amount (shows market conviction), but the trend remains bullish. And these pushes and stalls are another healthy indicator in comparison to the kind of rise irrational exuberance produces. These smaller dumps and sell walls look to me like short-term speculators calling a top and then getting eaten by long term investors who are going to put the coins in the freezer.
But its ok I know you sold your coins... keep trying to retroactively justify the choice
Take a look at this graph and tell me if you see a top:
http://blockchain.info/charts/market-price?timespan=60days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
I just see an artificial spike...
There was 60k btc for sale at or below 10 yesterday and 35k now. This is a healthy amount (shows market conviction), but the trend remains bullish. And these pushes and stalls are another healthy indicator in comparison to the kind of rise irrational exuberance produces. These smaller dumps and sell walls look to me like short-term speculators calling a top and then getting eaten by long term investors who are going to put the coins in the freezer.
But its ok I know you sold your coins... keep trying to retroactively justify the choice
The predicted ramp continues... 9.54 high, and I see no reason to believe that it's stopping.
bitcoin rallied from 5 to 9 in 2 months
now for 2 weeks we have been at 9
isn't clear we have topped off?
even if this rally pushes higher... how much higher? the higher the fewer coins are needed to crash it.
The predicted ramp continues... 9.54 high, and I see no reason to believe that it's stopping.
Tomorrow, we will see something interesting
Are you the btc-e hacker?!?
lmao +1
Tomorrow, we will see something interesting
Are you the btc-e hacker?!?
Another large buy has put us around $9.2... depth to $10 is now 45k BTC (it peaked at around 90k, so it has halved).
false alarm.
at least for now
at least for now
Tomorrow, we will see something interesting
It's starting
Jump to: