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Topic: There is an epic shakeout coming this year before the giga-spike. (Read 8163 times)

hero member
Activity: 560
Merit: 501
Please people don't forget that while past ATH has not been broken, we are still in a bear market  Cheesy
legendary
Activity: 1722
Merit: 1000
People you need to understand this..

N
E
E
D

When something starts making 10% gains every month for several months tons of people jump on causing a massive bubble.

The idea we will have a slow steady rise is a fools thought.  If we start rising consistently for a period of time many people will start pouring in.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
Why should we see epic rally? Wouldn't people be greedy and sell already at very lower price?

yes, they are greedy and hodl on for a higher price ... epic rally is greed and fomo
sr. member
Activity: 280
Merit: 300
Why should we see epic rally? Wouldn't people be greedy and sell already at very lower price?
hero member
Activity: 560
Merit: 501
well, market sometimes retests, but it certainly looks similar to 2013.
However, in 2013, markets recovered completely in 9-10 days.
We shall see what happens here.

This cycle is about 6 times longer than the previous cycle.  So if it took 10 days in 2013, it would take up to two months in 2016.  If history repeats though, we'd see an epic rise after that

epic rise in september ... lines up with some other cycles out there that I've seen also.

And you'll continue to see them indefinitly. Our dear crowd can't stop throwing its money away.

Anyway, I am not sure that's enough of a shake out for market makers, I didn't even noticed it ...

I would rather bet on a long and very boring consolidation, or a better shake out  Cheesy
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
well, market sometimes retests, but it certainly looks similar to 2013.
However, in 2013, markets recovered completely in 9-10 days.
We shall see what happens here.

This cycle is about 6 times longer than the previous cycle.  So if it took 10 days in 2013, it would take up to two months in 2016.  If history repeats though, we'd see an epic rise after that

epic rise in september ... lines up with some other cycles out there that I've seen also.
hero member
Activity: 560
Merit: 500
well, market sometimes retests, but it certainly looks similar to 2013.
However, in 2013, markets recovered completely in 9-10 days.
We shall see what happens here.

This cycle is about 6 times longer than the previous cycle.  So if it took 10 days in 2013, it would take up to two months in 2016.  If history repeats though, we'd see an epic rise after that
sr. member
Activity: 280
Merit: 300
Everyone wants cheap bitcoins, so don't worry my friend, if price falls.. people will buy buy buy. Especially emotion less trading bots  Grin
legendary
Activity: 2576
Merit: 1087
Spoiler Alert: There was the shakeout, but no rally


I gave up on the rally... it's probably not happening for another few years

Patience is strong in this one Wink
sr. member
Activity: 406
Merit: 250
Spoiler Alert: There was the shakeout, but no rally


I gave up on the rally... it's probably not happening for another few years

It's happening, but could be not in Bitcoin.
legendary
Activity: 1330
Merit: 1000
dafar consulting
Spoiler Alert: There was the shakeout, but no rally


I gave up on the rally... it's probably not happening for another few years
legendary
Activity: 3892
Merit: 4331
well, market sometimes retests, but it certainly looks similar to 2013.
However, in 2013, markets recovered completely in 9-10 days.
We shall see what happens here.
legendary
Activity: 1722
Merit: 1000
Those poor bastards that sold at $460... I wonder if anyone will be building jumping when it hits $10k
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
... that was the shakeout. Hit $465 at the bottom.

My guess is that was the bottom.

That was the last stop before...MOON  Grin
hero member
Activity: 560
Merit: 501
... that was the shakeout. Hit $465 at the bottom.

I wouldn't be so sure bitcoin would stop at such a clear point (obvious resistance). btc is a wild beast
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
... that was the shakeout. Hit $465 at the bottom.
legendary
Activity: 3248
Merit: 1070
This will not be pretty.

Especially when the shakeout comes but the giga-spike doesn't.

Bitcoin is probably going to $8000 - $25,000 a coin.  But not quite yet.


When? I'm ready

I have no idea.... When the shakeout is over?  So, maybe in November to February time frame.

this year seems very premature for what you are calling, but i'm also waiting for that rally, because we know will happen sooner all later

i'm expecting another 10x increase somewhere in the future
sr. member
Activity: 406
Merit: 250
hero member
Activity: 770
Merit: 504
This will not be pretty.

Especially when the shakeout comes but the giga-spike doesn't.

Bitcoin is probably going to $8000 - $25,000 a coin.  But not quite yet.


When? I'm ready

I have no idea.... When the shakeout is over?  So, maybe in November to February time frame.
legendary
Activity: 1330
Merit: 1000
dafar consulting
This will not be pretty.

Especially when the shakeout comes but the giga-spike doesn't.

Bitcoin is probably going to $8000 - $25,000 a coin.  But not quite yet.


When? I'm ready
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