Parabolic rise has begun - page 2. | Bitcointalksearch.org

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: Greendragon on July 10, 2015, 10:40:26 AM

Quote from: Q7 on July 10, 2015, 10:34:54 AM

Something doesn't seem right to me. On one side the network is undergoing stress test with transaction confirmation getting delayed. At the same time we are seeing the price going up. My initial thought was maybe there is some kind of manipulation taking place but I hope I'm wrong on that.

Rises 20 dollars , calls it manipulation.
Do you remember the 1200->210 manipulation?

yeah but i also remember the 90--->1200 manipulation

it may look only a small increase but it needs nothing and can skyrocket to 1200 again, like it did in the first time, that's why bitcoin is unstable, not because of the occasional volatility, but because of those crazy random pump and dump

Greendragon

member

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Quote from: Q7 on July 10, 2015, 10:34:54 AM

Something doesn't seem right to me. On one side the network is undergoing stress test with transaction confirmation getting delayed. At the same time we are seeing the price going up. My initial thought was maybe there is some kind of manipulation taking place but I hope I'm wrong on that.

Rises 20 dollars , calls it manipulation.
Do you remember the 1200->210 manipulation?

SmoothCurves

sr. member

Activity: 379

Merit: 250

Quote from: Q7 on July 10, 2015, 10:34:54 AM

Something doesn't seem right to me. On one side the network is undergoing stress test with transaction confirmation getting delayed. At the same time we are seeing the price going up. My initial thought was maybe there is some kind of manipulation taking place but I hope I'm wrong on that.

get ready for $1000+ prices

Q7

sr. member

Activity: 448

Merit: 250

Something doesn't seem right to me. On one side the network is undergoing stress test with transaction confirmation getting delayed. At the same time we are seeing the price going up. My initial thought was maybe there is some kind of manipulation taking place but I hope I'm wrong on that.

SmoothCurves

sr. member

Activity: 379

Merit: 250

Quote from: Hyena on July 10, 2015, 08:24:38 AM

Quote from: IIOII on July 10, 2015, 08:11:12 AM

Rise yes. Parabolic rise not so sure (using a parabolic indicator does not mean that price appreciation will be parabolic... Wink

). In my opinion we will stabilize first in a $300-400 range for another half year.

I expect the next bubble will happen shortly before or after the next reward halving.

A parabolic rise has to start somewhere, right? This is the first week on the logarithmic chart where we see a higher green candle than on all the previous weeks paired with the highest volume bar ever during this rally. This marks the start of a parabolic rise.

I believe you to be right. Many people on here claim it's rising too fast or unhealthy but they don't see how severely undervalued Bitcoin has been. After witnessing what happened in oct-nov 2013 i've come to terms with the fact that bitcoin is a monster who wil defy all expectations. Hang tight because the party is just getting started.

Hyena

legendary

Activity: 2114

Merit: 1015

Quote from: waterpile on July 10, 2015, 08:37:30 AM

Quote from: IIOII on July 10, 2015, 08:11:12 AM

Rise yes. Parabolic rise not so sure (using a parabolic indicator does not mean that price appreciation will be parabolic... Wink

). In my opinion we will stabilize first in a $300-400 range for another half year.

I expect the next bubble will happen shortly before or after the next reward halving.

Same here with the prediction.. $320 is too much for a rise some people might sell their chunks of bitcoin now or next week

Maybe 320 is too high, it could also be ~310$. It's exponential extrapolation either way and doesn't conflict with the parabolic rise theory.

waterpile

hero member

Activity: 602

Merit: 500

Quote from: IIOII on July 10, 2015, 08:11:12 AM

Rise yes. Parabolic rise not so sure (using a parabolic indicator does not mean that price appreciation will be parabolic... Wink

). In my opinion we will stabilize first in a $300-400 range for another half year.

I expect the next bubble will happen shortly before or after the next reward halving.

Same here with the prediction.. $320 is too much for a rise some people might sell their chunks of bitcoin now or next week

Hyena

legendary

Activity: 2114

Merit: 1015

Quote from: IIOII on July 10, 2015, 08:11:12 AM

Rise yes. Parabolic rise not so sure (using a parabolic indicator does not mean that price appreciation will be parabolic... Wink

). In my opinion we will stabilize first in a $300-400 range for another half year.

I expect the next bubble will happen shortly before or after the next reward halving.

A parabolic rise has to start somewhere, right? This is the first week on the logarithmic chart where we see a higher green candle than on all the previous weeks paired with the highest volume bar ever during this rally. This marks the start of a parabolic rise.

IIOII

legendary

Activity: 1153

Merit: 1012

Rise yes. Parabolic rise not so sure (using a parabolic indicator does not mean that price appreciation will be parabolic... Wink

). In my opinion we will stabilize first in a $300-400 range for another half year.

I expect the next bubble will happen shortly before or after the next reward halving.

Hyena

legendary

Activity: 2114

Merit: 1015

~320$ bitcoins next week.

Topic: Parabolic rise has begun - page 2. (Read 2970 times)