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Topic: The Observer Effect (take 2: over $1000 by 21 July - 8 Aug) - page 2. (Read 14215 times)

hero member
Activity: 784
Merit: 1001

The US already failed to deliver physical to Germany.

Good time to buy gold if this is the case.

I'll get a link.

This article explains it the best:

http://nsnbc.me/2013/07/31/mystery-about-germany%C2%B4s-gold-in-the-us-solved/

Hopefully that site is ok.  (I have NoScript)

I had not heard that story until running across it in this thread.

It makes Mark Karpeles look like a Boy Scout by comparison. Tongue
sr. member
Activity: 378
Merit: 255

The US already failed to deliver physical to Germany.

Good time to buy gold if this is the case.

I'll get a link.

This article explains it the best:

http://nsnbc.me/2013/07/31/mystery-about-germany%C2%B4s-gold-in-the-us-solved/

Hopefully that site is ok.  (I have NoScript)
legendary
Activity: 1442
Merit: 1005
peak at around 13th August
17th August the least (more by actually looking at your chart). Also notice that there hasn't been a jump from the local minimum (which was 600 less than 2 days ago) and from which about 50 days are required to reach the peak (31st August if the rise starts).

Thanks for picking that up. The initial date of 13th August should have said 23rd August.

Based on the tone of your comment, I gather you aren't too hopeful that we have begun the start of an ATH rally?
If it did, that was 2 days ago, if not, we have to wait a bit more. It's not really visible, is it now?

member
Activity: 75
Merit: 10
peak at around 13th August
17th August the least (more by actually looking at your chart). Also notice that there hasn't been a jump from the local minimum (which was 600 less than 2 days ago) and from which about 50 days are required to reach the peak (31st August if the rise starts).

Thanks for picking that up. The initial date of 13th August should have said 23rd August.

Based on the tone of your comment, I gather you aren't too hopeful that we have begun the start of an ATH rally?
legendary
Activity: 1442
Merit: 1005
peak at around 13th August
17th August the least (more by actually looking at your chart). Also notice that there hasn't been a jump from the local minimum (which was 600 less than 2 days ago) and from which about 50 days are required to reach the peak (31st August if the rise starts).
member
Activity: 75
Merit: 10
July 14th and still $630  Cry Hope those $1000 are reached before the end of this year, you have 5 months  Angry  Grin

So, clearly my previous prediction was off...... back to the drawing board I went, and I've now re-evaluated the prediction. (And when I say 'prediction', I use the term loosely. Bitcoin seems to like to spit in the face of any predictions people make. And I say that with great fondness.)

The rationale behind the re-evaluation: The first two bubbles were 214 and 213 days apart, the next was 222 days later, and the last two were 235 and 234 days apart. All up, the interval between peaks is uncannily consistent. However, it appears that the interval is marginally increasing (again, this is all based on very few data points, so no rock solid conclusions could be drawn from this). Thus, perhaps the next peak will not be 235 days from the last, but more along the lines of 257 (an increase on par with the previous increase in time interval). This puts the peak at around 23rd August, which is what I have adjusted the following chart to reflect. Seems we are on track for a possible peak of $5000... If we don't continue rising though, I may have to hang up my 'Bitcoin-predictor' hat.



edit: fixed small error in date
legendary
Activity: 2324
Merit: 1125
July 14th and still $630  Cry Hope those $1000 are reached before the end of this year, you have 5 months  Angry  Grin

News of the new regulated bitcoin fund opening up August 1st (with an estimated $200M being invested during the first 6 months) should get the rally started nicely and put us over $1000 and beyond without much trouble.  Add the Winklevoss ETF to the mix?  I wouldn't be surprised to see us at $10,000 before year's end.


Don't get carried away Wink (although I won't complain if it materializes).

Bitcoin likes to get carried away!

I was talking about BitChick, not Bitcoin Smiley

Time for BitChicksHusband to come in and take this away?  Cheesy
legendary
Activity: 1148
Merit: 1001
July 14th and still $630  Cry Hope those $1000 are reached before the end of this year, you have 5 months  Angry  Grin

News of the new regulated bitcoin fund opening up August 1st (with an estimated $200M being invested during the first 6 months) should get the rally started nicely and put us over $1000 and beyond without much trouble.  Add the Winklevoss ETF to the mix?  I wouldn't be surprised to see us at $10,000 before year's end.


Don't get carried away Wink (although I won't complain if it materializes).

Bitcoin likes to get carried away!
legendary
Activity: 2324
Merit: 1125
July 14th and still $630  Cry Hope those $1000 are reached before the end of this year, you have 5 months  Angry  Grin

News of the new regulated bitcoin fund opening up August 1st (with an estimated $200M being invested during the first 6 months) should get the rally started nicely and put us over $1000 and beyond without much trouble.  Add the Winklevoss ETF to the mix?  I wouldn't be surprised to see us at $10,000 before year's end.


Don't get carried away Wink (although I won't complain if it materializes).
full member
Activity: 233
Merit: 101
 Grin Rock on Bitchick!
legendary
Activity: 1148
Merit: 1001
July 14th and still $630  Cry Hope those $1000 are reached before the end of this year, you have 5 months  Angry  Grin

News of the new regulated bitcoin fund opening up August 1st (with an estimated $200M being invested during the first 6 months) should get the rally started nicely and put us over $1000 and beyond without much trouble.  Add the Winklevoss ETF to the mix?  I wouldn't be surprised to see us at $10,000 before year's end.
full member
Activity: 224
Merit: 100
VocalPlatform.com
July 14th and still $630  Hope those $1000 are reached before the end of this year, you have 5 months  
full member
Activity: 306
Merit: 102

The US already failed to deliver physical to Germany.

Good time to buy gold if this is the case.
hero member
Activity: 722
Merit: 500

New Laws That Allow The Government to Seize Savings Deposits During a Crisis



"This is not conspiracy theory or some kind of doom and gloom. It’s basic fact."
sr. member
Activity: 378
Merit: 255




Hello !
What it is wrong with your graph?
You have predicted for the July 2014, a Bitcoin price of $4,900 or at least $1,000 ..
Here we are now in July, and in fact the BTC price still bouncing around the $600  Huh


have patience and look around. argentina is defaulting, bulgaria experiencing run on banks, ukraine economy is in freefall, not to mention rest of the world that is slaving off for constantly devalueing fiat papers. the dollar reset is coming very soon. gold market iou is faked but you cannot fake the demand for physical which is now absolutely huge. once some big entity fails to deliver physical consider the panic buy on gold. fun times. be patient and prepare accordingly.

The US already failed to deliver physical to Germany.
member
Activity: 232
Merit: 29

have patience and look around. argentina is defaulting, bulgaria experiencing run on banks, ukraine economy is in freefall, not to mention rest of the world that is slaving off for constantly devalueing fiat papers. the dollar reset is coming very soon. gold market iou is faked but you cannot fake the demand for physical which is now absolutely huge. once some big entity fails to deliver physical consider the panic buy on gold. fun times. be patient and prepare accordingly.

This is definitely something to keep in mind
legendary
Activity: 1202
Merit: 1015




Hello !
What it is wrong with your graph?
You have predicted for the July 2014, a Bitcoin price of $4,900 or at least $1,000 ..
Here we are now in July, and in fact the BTC price still bouncing around the $600  Huh


have patience and look around. argentina is defaulting, bulgaria experiencing run on banks, ukraine economy is in freefall, not to mention rest of the world that is slaving off for constantly devalueing fiat papers. the dollar reset is coming very soon. gold market iou is faked but you cannot fake the demand for physical which is now absolutely huge. once some big entity fails to deliver physical consider the panic buy on gold. fun times. be patient and prepare accordingly.
hero member
Activity: 703
Merit: 502

Hello !
What it is wrong with your graph?
You have predicted for the July 2014, a Bitcoin price of $4,900 or at least $1,000 ..
Here we are now in July, and in fact the BTC price still bouncing around the $600  Huh


July is not over yet.

You ain't seen nothing yet.

Bbbbbaby you just ain't seen nothing yet!
I agree with you guys, but I am tired to wait for that day when the BTC will worth "something".
At this price of $600, you can't do to much with a BTC. Even if you purchase an ASIC, you will never get ROI..
IMHO ~ $600 it is not a good price for the top coin of this world.


Why would you buy a mining machine - buy more bitcoin instead. You will get more coins for your fiat buying at market, and get a better return if the price goes up.
That graph above is not fact, its a prediction based on prior patterns , predictions don't have to be right, patterns do not have to repeat. Have some patience.

hero member
Activity: 826
Merit: 1000
'All that glitters is not gold'

Hello !
What it is wrong with your graph?
You have predicted for the July 2014, a Bitcoin price of $4,900 or at least $1,000 ..
Here we are now in July, and in fact the BTC price still bouncing around the $600  Huh


July is not over yet.

You ain't seen nothing yet.

Bbbbbaby you just ain't seen nothing yet!
I agree with you guys, but I am tired to wait for that day when the BTC will worth "something".
At this price of $600, you can't do to much with a BTC. Even if you purchase an ASIC, you will never get ROI..
IMHO ~ $600 it is not a good price for the top coin of this world.
legendary
Activity: 2324
Merit: 1125

Hello !
What it is wrong with your graph?
You have predicted for the July 2014, a Bitcoin price of $4,900 or at least $1,000 ..
Here we are now in July, and in fact the BTC price still bouncing around the $600  Huh


July is not over yet.

You ain't seen nothing yet.

Bbbbbaby you just ain't seen nothing yet!
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