Summer Rally! | Bitcointalksearch.org

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

Quote from: Asrael999 on July 03, 2014, 01:41:02 AM

Quote from: lay785 on July 03, 2014, 01:36:36 AM

Quote from: zimmah on July 02, 2014, 09:07:40 PM

Not too long ago many people believed in a $4000~6000 peak, but now I seem to be one of very few who still thinks a rally to $5000 will happen soon.

too many people would dump all their coins long before it got close.

+1 This.

The amount of fiat required to get us to that level is probably a multiple of the current market cap.

fiat is paper. there's, literally, unlimited amounts of that available. if bankers run out of trees, they will start making plastic bills, then recycle your books and so on.

Thylacine

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Quote from: Bit_Happy on April 15, 2014, 03:51:49 AM

The Summer Rally!

Not here mate... Wink

windjc

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Merit: 1070

Quote from: zimmah on July 03, 2014, 03:26:11 AM

Quote from: Asrael999 on July 03, 2014, 01:41:02 AM

Quote from: lay785 on July 03, 2014, 01:36:36 AM

Quote from: zimmah on July 02, 2014, 09:07:40 PM

Not too long ago many people believed in a $4000~6000 peak, but now I seem to be one of very few who still thinks a rally to $5000 will happen soon.

too many people would dump all their coins long before it got close.

+1 This.

The amount of fiat required to get us to that level is probably a multiple of the current market cap.

That's what they said at dollar parity, at $10, at $100 and at $1000 and now it's the same shit.

When do you guys see the pattern?

Well, maybe it's better that you don't see it, leaves more profit for me.

Pretty much.

zimmah

legendary

Activity: 1106

Merit: 1005

Quote from: Asrael999 on July 03, 2014, 01:41:02 AM

Quote from: lay785 on July 03, 2014, 01:36:36 AM

Quote from: zimmah on July 02, 2014, 09:07:40 PM

Not too long ago many people believed in a $4000~6000 peak, but now I seem to be one of very few who still thinks a rally to $5000 will happen soon.

too many people would dump all their coins long before it got close.

+1 This.

The amount of fiat required to get us to that level is probably a multiple of the current market cap.

That's what they said at dollar parity, at $10, at $100 and at $1000 and now it's the same shit.

When do you guys see the pattern?

Well, maybe it's better that you don't see it, leaves more profit for me.

SlaveInDebt

hero member

Activity: 699

Merit: 500

Your Minion

Summer 2012.

Asrael999

hero member

Activity: 703

Merit: 502

Quote from: lay785 on July 03, 2014, 01:36:36 AM

Quote from: zimmah on July 02, 2014, 09:07:40 PM

Not too long ago many people believed in a $4000~6000 peak, but now I seem to be one of very few who still thinks a rally to $5000 will happen soon.

too many people would dump all their coins long before it got close.

+1 This.

The amount of fiat required to get us to that level is probably a multiple of the current market cap.

lay785

sr. member

Activity: 266

Merit: 250

Quote from: zimmah on July 02, 2014, 09:07:40 PM

Not too long ago many people believed in a $4000~6000 peak, but now I seem to be one of very few who still thinks a rally to $5000 will happen soon.

too many people would dump all their coins long before it got close.

zimmah

legendary

Activity: 1106

Merit: 1005

Not too long ago many people believed in a $4000~6000 peak, but now I seem to be one of very few who still thinks a rally to $5000 will happen soon.

counter

hero member

Activity: 798

Merit: 500

Time is on our side, yes it is!

It is interesting how it has been working out so far this summer. I suspected word of mouth would play a big roll but I think it is has to do with a few other things news playing a big part.

I don't know where the next rally will bring us or when it will happen but I suspect some serious movement when it takes place.

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Quote from: Bit_Happy on April 15, 2014, 03:51:49 AM

My speculation is that the bottom is in and we are enjoying a powerful RALLY!
There will be dips, and a series of higher short-term highs:
How high can it go?
.......

Back on track and having a great time today.

Getting close to $700 very soon... ?

BittBurger

hero member

Activity: 924

Merit: 1001

Quote from: DolanDuck on June 03, 2014, 08:07:05 AM

Quote from: g4c on June 03, 2014, 07:52:57 AM

Quote from: Swordsoffreedom on May 25, 2014, 08:22:50 PM

Well since we are saying how high it will go this time
I say between 2 to 3x the previous range low
So Around 1800-2500 this time around Grin

That's about what I'm guessing: $2500 ± 500

The peak of the new bubble should really be around that value, I would sell some coins when we will break through $2000
if the rally will be in exponential mode.

+1

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

This thread is primarily about Bitcoin's Rally:
Speaking of summer, the BBQ season is heating up, since BBQcoin just spiked ~270% from 503 to 1349 and quickly back down.
Was BBQ the original joke coin? I know it existed long before the most famous joke_money.

Quote from: Swordsoffreedom on June 03, 2014, 01:02:36 AM

Quote from: Bit_Happy on June 03, 2014, 12:13:36 AM

The Summer Rally! is progressing well as new short-term highs have been coming almost every day.

The drop from $660+ to $600 was "scary", but it recovered fast and is testing the recent high soon.

Quote from: Hyena on April 15, 2014, 03:58:08 AM

It's going up faster than it came down.. Soon 666$ thread will pop up again.

Good call, the 24 hour high at btc-e is currently $665.

Tssk I'm a bit disappointed that it missed $666 the number by 1 dollar
Well there is always tommorrow
Anyways bit curious I see 668 on BTC-E not 665
High: 668.416 USD

That happened while I was typing, the market was experiencing some Summer heat.

DolanDuck

full member

Activity: 196

Merit: 101

Quote from: g4c on June 03, 2014, 07:52:57 AM

Quote from: Swordsoffreedom on May 25, 2014, 08:22:50 PM

Well since we are saying how high it will go this time
I say between 2 to 3x the previous range low
So Around 1800-2500 this time around Grin

That's about what I'm guessing: $2500 ± 500

The peak of the new bubble should really be around that value, I would sell some coins when we will break through $2000
if the rally will be in exponential mode.

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

Quote from: g4c on June 03, 2014, 07:52:57 AM

Quote from: Swordsoffreedom on May 25, 2014, 08:22:50 PM

Well since we are saying how high it will go this time
I say between 2 to 3x the previous range low
So Around 1800-2500 this time around Grin

That's about what I'm guessing: $2500 ± 500

Right, previous rallies multiplied old ATH by a factor x28 (06/2011), then by x8.5 (04/2013), then by x4.71 (11/2013), so this one should be about x2.5 if progression holds which means around $3100. And that is a very conservative estimate, in reality I think 6-8k is very possible.

g4c

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Activity: 98

Merit: 10

Quote from: Swordsoffreedom on May 25, 2014, 08:22:50 PM

Well since we are saying how high it will go this time
I say between 2 to 3x the previous range low
So Around 1800-2500 this time around Grin

That's about what I'm guessing: $2500 ± 500

Swordsoffreedom

legendary

Activity: 2884

Merit: 1115

Leading Crypto Sports Betting & Casino Platform

Quote from: Bit_Happy on June 03, 2014, 12:13:36 AM

The Summer Rally! is progressing well as new short-term highs have been coming almost every day.

The drop from $660+ to $600 was "scary", but it recovered fast and is testing the recent high soon.

Quote from: Hyena on April 15, 2014, 03:58:08 AM

It's going up faster than it came down.. Soon 666$ thread will pop up again.

Good call, the 24 hour high at btc-e is currently $665.

Tssk I'm a bit disappointed that it missed $666 the number by 1 dollar
Well there is always tommorrow
Anyways bit curious I see 668 on BTC-E not 665
High: 668.416 USD

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

The Summer Rally! is progressing well as new short-term highs have been coming almost every day.

The drop from $660+ to $600 was "scary", but it recovered fast and is testing the recent high soon.

Quote from: Hyena on April 15, 2014, 03:58:08 AM

It's going up faster than it came down.. Soon 666$ thread will pop up again.

Good call, the 24 hour high at btc-e is currently $665.

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Quote from: bitleif on May 25, 2014, 04:44:14 PM

I'm out of fiat. Can I buy more bitcoin with bitcoin?

Some older "established" alts are near record lows. You can "invest" in those hoping to make more BTC.
Yes, it is risky, but sometimes you can do really well.

Swordsoffreedom

legendary

Activity: 2884

Merit: 1115

Leading Crypto Sports Betting & Casino Platform

Well since we are saying how high it will go this time
I say between 2 to 3x the previous range low
So Around 1800-2500 this time around Grin

YipYip

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Activity: 574

Merit: 500

Quote from: wachtwoord on May 25, 2014, 02:27:54 PM

Quote from: YipYip on May 23, 2014, 12:04:28 AM

Quote from: Bit_Happy on May 22, 2014, 11:54:43 PM

I was confident the Rally was coming, but didn't think we would shoot over $500 without more resistance and a few more days of waiting. With the current momentum we might be looking at $600 very soon.

Edit: Over $600 = "Panic buying" and a quick re-test of the all-time high...........LOL?

There are a lot of TT transfers going into stamp as we speak = Panic buying Engaged

How can you tell?

Personally I have a lot of my friends/customers (who use my trading account) now finally pulling the trigger to get their money on

Topic: Summer Rally! (Read 8260 times)