Topic: poll: will there ever be another run-up ? (Read 3283 times)

sentiment changed somewhat i guess.

I selected option of 98% chances are to see another run-up but this will not happen in November this time.I expect this by the end of next year and till then just slow but steady rise in price which will take it to that run-up in the end.

yes it's a run up but op is talking about "november 2013 style run-up". So that would mean a run up which leads to a new ath.

Personally i think we need to reach 350-400 first. Then i give it a 35-50% chance that we see a "november 2013 style run-up".

I call $225 to $270 also a run-up.
This is a 20% move. If you go by 5x leveraged trading you did double your investment right there...

We had many runs both up and down, and we will have plenty more because there is a lot of money to be made.

Happy trading.

after 100 votes:


22% think there will not be another november 2013 style run-up (or give it just a 2% chance) vs 27% believing it will happen for sure.

78% give it a chance not lower than a third

65% think the chance for giant another run-up are 50/50 or better

nope dont think so. It's the third time we see 220 to 270+ this year.

If we look back in the charts, the "bubbles" break through a major resistance level before a real run up started.
For example: In october 2013 it took 10 days to break 207 resistance in an epic battle of bulls and bears. After it the momentum is increasing and the real rally started.

Interesting side note: 207 is the massive support level now

I think we need such an event to confirm a new run up. This could be somewhere around 400, dont know.

On the verge of a run-up within the parameters of the questions posed in this thread?  - maybe such  "run-up" will come after the November Fed auction of 44k coins?

Yup, we have to adapt our jokes to the Bitcoin world. 

LOL I just imagined us laughing our way to the bank, then going wait I have bitcoin then we turn around.

The true believers are accumulating.
We know that we will be laughing all the way to the bank (or wallet, I should say).  

^ this

buy now or weep later

Not worried at all, since i believe there's too much money to be made on bitcoin for people to simply give it off.
The longer it stays in these or lower values, the better, for me at least, i just want to accumulate anything i can, and i think everyone should.

Actually, if we are talking about a timeframe and tweaking the hypothetical of this thread with more specifics, I would put the odds a bit differently.

Let's say that we are talking about a run up that is very similar to 2013 - that is a run up from today's prices to anywhere between 5x and 10x run up on prices within a couple of months - which would put the run up in the $1,200 to $2,400 range. 

Really, we almost have to rule out $1,200 as a very likely scenario because we have already been there, and many of us realize the logic and the dynamics that a new high would likely shoot quite a bit passed the old high...   accordingly, the $2,400 and above price territories seems much more likely for such a run-up, especially once BTC prices would start to get in the 4 digits arena.

My current speculation based on such a scenario as I describe above in 2015:  10 to 20%

Chances for such in 2016:   20-30%

I personally consider the odds for such to be NOT so much different between whether they occur in 2015 or 2016 even though we are running out of time in 2015, but there does seem to be a considerable battle at the moment and a long term of keeping BTC prices in the $220 to $290 range.  Surely, some of the recent volume is fake (or at least a kind of making of appearances without meaningful substance), but overall, I believe that we are seeing fairly consistent increase in the battle through the volume over the past about 7 weeks.. which seems to bring considerable potential for a break to the upside - maybe even breaking out of the $220 to $290 range within the next few weeks?

That unusual price spike of 2013 was caused mainly by Willy Bot. http://www.coindesk.com/bot-named-willy-did-mt-goxs-automated-trading-pump-bitcoin-price/ Bitcoin's price on Mt. Gox rocketed from around $200 in early November to its $1,236 all-time high on 4th December, all thanks to this tool. I don't think we will see something similar in the future. So no, there won't be another run-up.

I don't see why would we lose our faith. Ok, price has been sliding down for a while but that was one huge bubble that had to deflate. Those Bitcoin prices of around $1,000 just weren't justified and they couldn't last.

If you read right signs you would be able to see that we are going in the right direction. VC investments, general news about Bitcoin, big companies and banks showing interest about blockchain, etc.. The only thing holding down the price is the unsolved block size debate, since this is quite big. Once we solve this, price will increase again!

for what kind of time frame we are talking about? within 2015 the chances are very low, but in 2016 are obviously much higher at least 50% in the latter case and probably the first option for 2015(2%)

Of course there is.  Anything traded in a public exchange always has a chance of a run up.

I believe we have just been through about more or less than 16-18 months of downward action. Some say it will continue, others will argue that we are out of that trend. These  price movements can be draining. It is not surprising that people are looking at the future based off those very dismal months.

How can you fully believe that though? China and a lot of other countries have already shut down and banned the acceptance of bitcoin.

This might happen but I am not worried at all because I know time will come that it will dominate in all over the world.