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Topic: Smoothie's Prediction of timing of next capitulation event etc (Read 6279 times)

legendary
Activity: 1764
Merit: 1031
Next Capitulation to occur between now and Mid April 2014.

Soon there after price will rise steadily to reach new ATH's by mid June 2014.

After that is all "CHOOOOOOOOO CHOOOOOOO".

Let the record show that the first half of Smoothie's prediction was right.

MtGox closing caused the price to drop to $400/BTC.

Good call Smoothie.

Assuming that was capitulation (seems like it probably was, but we're not going to know for sure just yet): good call indeed.

agreed, two months is too wide a range, we're in a major period of price discovery at the moment, and I expect we'll find capitulation within the next week. Two months is pretty much guaranteed.

Totally called it.

And you sir.

Real question now is how fast it will recover. Gox I think was largely priced in over the last few weeks. China pulling out made virtually no long-term dent in prices.

Anyone care to put a date on the next ATH?
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Next Capitulation to occur between now and Mid April 2014.

Soon there after price will rise steadily to reach new ATH's by mid June 2014.

After that is all "CHOOOOOOOOO CHOOOOOOO".

Let the record show that the first half of Smoothie's prediction was right.

MtGox closing caused the price to drop to $400/BTC.

Good call Smoothie.
sr. member
Activity: 350
Merit: 253
agreed, two months is too wide a range, we're in a major period of price discovery at the moment, and I expect we'll find capitulation within the next week. Two months is pretty much guaranteed.

Totally called it.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
However my daughter expects pretty much the same scenario as smoothie - with some adjustments.

My 7 yo daughter predicts:

Grinding capitulation back to the 200 ema with 1 or 2 flash crashes below (to 400-500) - all before end of April, or sooner. She then expects we will ride the 200EMA until the first explosive jump to ATH in mid to late June/July. Then a strong pullback to 1200 before the next explosive rise to 5k-7k levels in Sept/October (might even hit 10k) before correcting to 4k-5k levels by the end of the year. This is what will happen. She is not guessing. She knows know for sure. She said it is true so you should place your bets accordingly.

Wow I must say if my daughter were doing the same thing I would be telling her she needs to worry about "kid" things and not adult things.

Great parenting skills from bitrider.  Grin
donator
Activity: 1419
Merit: 1015
This is what will happen. She is not guessing. She knows know for sure. She said it is true so you should place your bets accordingly.

If this is true, I'll just capitulate to Smoothie right now. I'm too afraid to take a bet of this nature if your daughter is certain, too. Tongue
full member
Activity: 233
Merit: 101
However my daughter expects pretty much the same scenario as smoothie - with some adjustments.

My 7 yo daughter predicts:

Grinding capitulation back to the 200 ema with 1 or 2 flash crashes below (to 400-500) - all before end of April, or sooner. She then expects we will ride the 200EMA until the first explosive jump to ATH in mid to late June/July. Then a strong pullback to 1200 before the next explosive rise to 5k-7k levels in Sept/October (might even hit 10k) before correcting to 4k-5k levels by the end of the year. This is what will happen. She is not guessing. She knows know for sure. She said it is true so you should place your bets accordingly.
legendary
Activity: 1764
Merit: 1031
Any thoughts on the recent rise back above $600? I'd have written it off if it weren't for the apparent optimism on Gox ($300+).
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
Amen! I missed the 540 on stamp and I would love to get cheap coins Smiley

What is your prediction? Will we go under 500? And why should we go up again then?

What is your prediction about the actual situation? Should I buy @600 to make quick cash? Or too dangerous?

I'm not here to give financial advice.

But I would be stocking up at these levels and waiting also for the price to back to the $400 to $500 (hopefully).

Won't matter if getting coins at $500 or $600 if price gets to $5000 at year end.

But then again invest at your own risk.
legendary
Activity: 2186
Merit: 1213
Amen! I missed the 540 on stamp and I would love to get cheap coins Smiley

What is your prediction? Will we go under 500? And why should we go up again then?

What is your prediction about the actual situation? Should I buy @600 to make quick cash? Or too dangerous?
sr. member
Activity: 469
Merit: 250
English Motherfucker do you speak it ?
Smoothie you are really good at this I must say. Instantly when we had this huge crash on btc I remembered your 650 USD post.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
agreed, two months is too wide a range, we're in a major period of price discovery at the moment, and I expect we'll find capitulation within the next week. Two months is pretty much guaranteed.

feb 29th it will be 5 figures

It already is 5 figures if you count the cents behind the decimal point Smiley
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
I'll take this bet. Meaning 2 BTC goes to me if Bitstamp or BTC-e hit an ATH on their respective exchanges based on the past price history on those exchanges on or before July 31st, 2014. If the price on BTC-e goes higher than its ATH as recorded on the charts etc and same goes for Bitstamp, I win. Otherwise I lose and 2 BTC goes to you.

BTC-e ATH = $1095.20

BITSTAMP ATH = $1163.00



THIS IS A MANDATORY ESCROW BET. ESCROW WILL BE SALTYSPITOON.

I'll do this bet with one person only.

First one to accept the terms I've listed above will be the one I bet with.

@Wuttwutt, you can take this bet if you have a set. lol

Okay, how long do we want to give wuttwutt to take it before we make it our own? I'll give him 24 hours or so.

Let's give him another 24 hours.

He has gone silent as expected. Usually appears to be the case when a newb gets called out with an escrowed bet. Let's see his response, if any.

To be more thorough and fair I PMed Wuttwutt yesterday about the bet.

So far, no reply.  Cheesy
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
I'll take this bet. Meaning 2 BTC goes to me if Bitstamp or BTC-e hit an ATH on their respective exchanges based on the past price history on those exchanges on or before July 31st, 2014. If the price on BTC-e goes higher than its ATH as recorded on the charts etc and same goes for Bitstamp, I win. Otherwise I lose and 2 BTC goes to you.

BTC-e ATH = $1095.20

BITSTAMP ATH = $1163.00



THIS IS A MANDATORY ESCROW BET. ESCROW WILL BE SALTYSPITOON.

I'll do this bet with one person only.

First one to accept the terms I've listed above will be the one I bet with.

@Wuttwutt, you can take this bet if you have a set. lol

Okay, how long do we want to give wuttwutt to take it before we make it our own? I'll give him 24 hours or so.

Let's give him another 24 hours.

He has gone silent as expected. Usually appears to be the case when a newb gets called out with an escrowed bet. Let's see his response, if any.
donator
Activity: 1419
Merit: 1015
I'll take this bet. Meaning 2 BTC goes to me if Bitstamp or BTC-e hit an ATH on their respective exchanges based on the past price history on those exchanges on or before July 31st, 2014. If the price on BTC-e goes higher than its ATH as recorded on the charts etc and same goes for Bitstamp, I win. Otherwise I lose and 2 BTC goes to you.

BTC-e ATH = $1095.20

BITSTAMP ATH = $1163.00



THIS IS A MANDATORY ESCROW BET. ESCROW WILL BE SALTYSPITOON.

I'll do this bet with one person only.

First one to accept the terms I've listed above will be the one I bet with.

@Wuttwutt, you can take this bet if you have a set. lol

Okay, how long do we want to give wuttwutt to take it before we make it our own? I'll give him 24 hours or so.
sr. member
Activity: 406
Merit: 250
Where can I see this graph? This is a pretty sweet graph..



I'm looking around but can't find it. Is this a thick client app or something?


https://www.tradingview.com
sr. member
Activity: 256
Merit: 250
Where can I see this graph? This is a pretty sweet graph..



I'm looking around but can't find it. Is this a thick client app or something?
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
Smoothie -

Care to make a prediction, will bitcoinbuilder participants get their coins out of Gox?  : -)

Best case scenario - GOX turns on withdrawals with limits of 1 BTC per day and 10 btc per month.

That's what worries me about  the BTC builder,if one does not have a personal Gox acct it might take forever to get coins out of the BTC builders Gox account because there will be so many in the same boat ...

Unless of course someone then sets up an arbitrage website to get coins out of BTC builder : -)

LOL
sr. member
Activity: 406
Merit: 250
sr. member
Activity: 378
Merit: 250
Smoothie -

Care to make a prediction, will bitcoinbuilder participants get their coins out of Gox?  : -)

Best case scenario - GOX turns on withdrawals with limits of 1 BTC per day and 10 btc per month.

That's what worries me about  the BTC builder,if one does not have a personal Gox acct it might take forever to get coins out of the BTC builders Gox account because there will be so many in the same boat ...

Unless of course someone then sets up an arbitrage website to get coins out of BTC builder : -)
hero member
Activity: 898
Merit: 1000
Smoothie had some good long term calls. Lucky bastard bought loads of LTC for cheap  Angry Grin

If you want cheap LTC, you can buy them for ~$13.75 at the moment. I'd be surprised to see them go for less than $10 (although I wouldn't rule it out completely). I don't wanna hear any complaints around here when we break the ~$50 ATH with people saying 'LTC is too expensive, its not fair!' - you've got plenty of time to stock up now.
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