This steady rise is gonna continue till halving

OrientA

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Quote from: DiamondCardz on October 26, 2015, 03:10:57 AM

Quote from: OrientA on October 26, 2015, 03:03:16 AM

Quote from: lolikop on October 25, 2015, 06:15:58 PM

We just got the correction we needed to continue our path to 320$

Consolidation around $280 for a few weeks is good for the future price rise. If the price rises too fast, it will drop a lot.

Yep, good to see someone else understands this, I've been saying it a lot. We are not going to get a permanent price rise by simply rising up ridiculously high and forming a bubble, that's what happened when Bitcoin went above $1000 and then promptly lost 75-80% of its value and burned a lot of people. We need a decent but sustainable price rise over time.

The big whales also understand this. However, they want to make quick profit, so pump and dump. Low volatility is not so good for their profits.

DiamondCardz

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Quote from: OrientA on October 26, 2015, 03:03:16 AM

Quote from: lolikop on October 25, 2015, 06:15:58 PM

We just got the correction we needed to continue our path to 320$

Consolidation around $280 for a few weeks is good for the future price rise. If the price rises too fast, it will drop a lot.

Yep, good to see someone else understands this, I've been saying it a lot. We are not going to get a permanent price rise by simply rising up ridiculously high and forming a bubble, that's what happened when Bitcoin went above $1000 and then promptly lost 75-80% of its value and burned a lot of people. We need a decent but sustainable price rise over time.

OrientA

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Activity: 462

Merit: 250

Quote from: lolikop on October 25, 2015, 06:15:58 PM

We just got the correction we needed to continue our path to 320$

Consolidation around $280 for a few weeks is good for the future price rise. If the price rises too fast, it will drop a lot.

lolikop

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We just got the correction we needed to continue our path to 320$

Amph

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Quote from: Zarathustra on October 25, 2015, 03:56:00 AM

Quote from: mrbrt on October 24, 2015, 11:09:16 PM

Quote from: Amph on October 24, 2015, 12:50:00 PM

Quote from: talks_cheep on October 24, 2015, 12:30:33 PM

Quote from: neurotypical on October 24, 2015, 09:34:43 AM

I see a ridiculous ATH, maybe 6 figures, catching up all the so called "realistic-conservators". They will think, "oh, we might see the last ATH again, we'll hit 1K". Then, they sell at 1K, we see a small correction, at about 700 dollars, then the big big money out there jumps into Bitcoin. Bang, 10K dollar a Bitcoin and a lot of 1K sellers committing harakiri.

More likely scenario:

They sell at $1000, we see a correction to about $700, then they start panic selling. Btc price crashes to $1. Anyone who didn't sell at $1000, commit harakiri, including neurotypical.

nah, i've already seen this story, and the price went to 230, 1 is only on the dream of haters

this time if we can surpass a certain point, i'm expecting a much bigger run up

notice how every new run up was bigger than the lst one, there was no regression

Exactly - this story has happened multiple times already.

Yes, first 'tulip' bubble to 32 (2011) and back to 3,
second to 266 (2013) and back to 50,
third to 1200 (2013) and back to 166,
fourth to 5000 (2016)
fifth to 20'000 (2017)

mmh, the 5k and 20k, sound to precise to be true, the other were more random

more prone to think at 1200-5k range or 1200-10k range for the next bubble

i known that people want the bubble just to dump and forgot or to buy more later, actually buying more later will only lead to more "early adopters" users...

i just a big stable value in the future, no more random crush after a good rise

OrientA

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Merit: 250

Quote from: Zarathustra on October 25, 2015, 06:17:38 AM

The 2011 bubble corrected about 93 percent. The 2013er bubbles 'just' 80-85 percent. I guess the next bubbles will correct about 70 percent.

The correction of bubbles will be less in the future, that is due to the larger market capitalization, smaller price rise or volatility. When the bitcoin is in daily use, the price volatility could be in the same order of that of US dollar.

Zarathustra

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Quote from: Denker on October 25, 2015, 04:56:03 AM

Quote from: Zarathustra on October 25, 2015, 03:56:00 AM

Quote from: mrbrt on October 24, 2015, 11:09:16 PM

Quote from: Amph on October 24, 2015, 12:50:00 PM

Quote from: talks_cheep on October 24, 2015, 12:30:33 PM

Quote from: neurotypical on October 24, 2015, 09:34:43 AM

I see a ridiculous ATH, maybe 6 figures, catching up all the so called "realistic-conservators". They will think, "oh, we might see the last ATH again, we'll hit 1K". Then, they sell at 1K, we see a small correction, at about 700 dollars, then the big big money out there jumps into Bitcoin. Bang, 10K dollar a Bitcoin and a lot of 1K sellers committing harakiri.

More likely scenario:

They sell at $1000, we see a correction to about $700, then they start panic selling. Btc price crashes to $1. Anyone who didn't sell at $1000, commit harakiri, including neurotypical.

nah, i've already seen this story, and the price went to 230, 1 is only on the dream of haters

this time if we can surpass a certain point, i'm expecting a much bigger run up

notice how every new run up was bigger than the lst one, there was no regression

Exactly - this story has happened multiple times already.

Yes, first 'tulip' bubble to 32 (2011) and back to 3,
second to 266 (2013) and back to 50,
third to 1200 (2013) and back to 166,
fourth to 5000 (2016)
fifth to 20'000 (2017)

Brave prediction!I'm bullish but this is mega bullish" Cheesy

How much the fourth and fifth bubble will correct in your opnion?

The 2011 bubble corrected about 93 percent. The 2013er bubbles 'just' 80-85 percent. I guess the next bubbles will correct about 70 percent.

spiderbrain

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We'll probably bounce off 317, go down to 280ish again, form a handle from that cup and then into orbit. After that is anyone's guess!

designerusa

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I'm pretty sure we will see continuous ups and downs in bitcoin's price till halving, right before halving it will boom, after halving its' price will dramatically rise in short time and some people will leave (I can guess) but it will not lose its' price like 2013.

Denker

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Quote from: Zarathustra on October 25, 2015, 03:56:00 AM

Quote from: mrbrt on October 24, 2015, 11:09:16 PM

Quote from: Amph on October 24, 2015, 12:50:00 PM

Quote from: talks_cheep on October 24, 2015, 12:30:33 PM

Quote from: neurotypical on October 24, 2015, 09:34:43 AM

I see a ridiculous ATH, maybe 6 figures, catching up all the so called "realistic-conservators". They will think, "oh, we might see the last ATH again, we'll hit 1K". Then, they sell at 1K, we see a small correction, at about 700 dollars, then the big big money out there jumps into Bitcoin. Bang, 10K dollar a Bitcoin and a lot of 1K sellers committing harakiri.

More likely scenario:

They sell at $1000, we see a correction to about $700, then they start panic selling. Btc price crashes to $1. Anyone who didn't sell at $1000, commit harakiri, including neurotypical.

nah, i've already seen this story, and the price went to 230, 1 is only on the dream of haters

this time if we can surpass a certain point, i'm expecting a much bigger run up

notice how every new run up was bigger than the lst one, there was no regression

Exactly - this story has happened multiple times already.

Yes, first 'tulip' bubble to 32 (2011) and back to 3,
second to 266 (2013) and back to 50,
third to 1200 (2013) and back to 166,
fourth to 5000 (2016)
fifth to 20'000 (2017)

Brave prediction!I'm bullish but this is mega bullish" Cheesy

How much the fourth and fifth bubble will correct in your opnion?

DiamondCardz

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Quote from: neurotypical on October 24, 2015, 09:34:43 AM

I see a ridiculous ATH, maybe 6 figures, catching up all the so called "realistic-conservators". They will think, "oh, we might see the last ATH again, we'll hit 1K". Then, they sell at 1K, we see a small correction, at about 700 dollars, then the big big money out there jumps into Bitcoin. Bang, 10K dollar a Bitcoin and a lot of 1K sellers committing harakiri.

I really doubt this, and I'm not part of the crowd that thinks Bitcoin is "on the verge of global adoption" or "about to go to the moon". Bitcoin is still a fairly new and untested currency, despite what some of Bitcointalk thinks. There's quite a lot of time to go before we even see $1000/BTC again.

WhatTheGox

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Quote from: lolikop on October 23, 2015, 07:50:16 PM

Expect 600 by new year and a new ATH before halving!!!

This current rise doesnt feel that steady, i think the halving will set off the next bubble though. 600 by new year seems really hard to believe but yeah i guess we've been there before so cant be that much a shock.

Zarathustra

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Activity: 1162

Merit: 1004

Quote from: mrbrt on October 24, 2015, 11:09:16 PM

Quote from: Amph on October 24, 2015, 12:50:00 PM

Quote from: talks_cheep on October 24, 2015, 12:30:33 PM

Quote from: neurotypical on October 24, 2015, 09:34:43 AM

I see a ridiculous ATH, maybe 6 figures, catching up all the so called "realistic-conservators". They will think, "oh, we might see the last ATH again, we'll hit 1K". Then, they sell at 1K, we see a small correction, at about 700 dollars, then the big big money out there jumps into Bitcoin. Bang, 10K dollar a Bitcoin and a lot of 1K sellers committing harakiri.

More likely scenario:

They sell at $1000, we see a correction to about $700, then they start panic selling. Btc price crashes to $1. Anyone who didn't sell at $1000, commit harakiri, including neurotypical.

nah, i've already seen this story, and the price went to 230, 1 is only on the dream of haters

this time if we can surpass a certain point, i'm expecting a much bigger run up

notice how every new run up was bigger than the lst one, there was no regression

Exactly - this story has happened multiple times already.

Yes, first 'tulip' bubble to 32 (2011) and back to 3,
second to 266 (2013) and back to 50,
third to 1200 (2013) and back to 166,
fourth to 5000 (2016)
fifth to 20'000 (2017)

mrbrt

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Quote from: Amph on October 24, 2015, 12:50:00 PM

Quote from: talks_cheep on October 24, 2015, 12:30:33 PM

Quote from: neurotypical on October 24, 2015, 09:34:43 AM

I see a ridiculous ATH, maybe 6 figures, catching up all the so called "realistic-conservators". They will think, "oh, we might see the last ATH again, we'll hit 1K". Then, they sell at 1K, we see a small correction, at about 700 dollars, then the big big money out there jumps into Bitcoin. Bang, 10K dollar a Bitcoin and a lot of 1K sellers committing harakiri.

More likely scenario:

They sell at $1000, we see a correction to about $700, then they start panic selling. Btc price crashes to $1. Anyone who didn't sell at $1000, commit harakiri, including neurotypical.

nah, i've already seen this story, and the price went to 230, 1 is only on the dream of haters

this time if we can surpass a certain point, i'm expecting a much bigger run up

notice how every new run up was bigger than the lst one, there was no regression

Exactly - this story has happened multiple times already.

ajareselde

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Merit: 1000

Satoshi is rolling in his grave. #bitcoin

It all depends on how high it will go before the halving, and what will the situation with CNY and EUR on the market be.
So far it's looking good, but if inflates to 450-500$ before halving next year - i would be sceptical about it after that. Right now it looks like it's gonna breach 300$ any second now.

lolikop

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Merit: 500

The ATH wont be reached if we hadnt negative responses,
all those anti btc responses Grin

i absolutly love it.

smiletyson

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No it won't. We may see $400 on November (balloon) But not for a long time.
Price will decline back to $250-$350 in december. Maybe we'll see another rise till halvening.

disclaimer201

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Quote from: talks_cheep on October 24, 2015, 12:30:33 PM

Quote from: neurotypical on October 24, 2015, 09:34:43 AM

I see a ridiculous ATH, maybe 6 figures, catching up all the so called "realistic-conservators". They will think, "oh, we might see the last ATH again, we'll hit 1K". Then, they sell at 1K, we see a small correction, at about 700 dollars, then the big big money out there jumps into Bitcoin. Bang, 10K dollar a Bitcoin and a lot of 1K sellers committing harakiri.

More likely scenario:

They sell at $1000, we see a correction to about $700, then they start panic selling. Btc price crashes to $1. Anyone who didn't sell at $1000, commit harakiri, including neurotypical.

Even more likely scenario: greed will take over and the rally has only just begun. Everyone and his mother will be buying in again. Then, we will see correction and some stagnation and a very slow price rise until July/August. When the greed switch is switched, we will easily see 600 by the end of December.

freedomno1

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Learning the troll avoidance button :)

Quote from: lolikop on October 23, 2015, 07:50:16 PM

Expect 600 by new year and a new ATH before halving!!!

In a slightly bullish mood,
I would say want to bet on it but it may be to soon to make that thread with two months left ha-ha.

Zarathustra

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Quote from: gentlemand on October 24, 2015, 02:25:02 PM

Quote from: Zarathustra on October 24, 2015, 02:11:02 PM

Not necessery to 'mention' that the supply collapsed to the halve amount. That the reality is 'mentioned' or not is irrelevant.

It is unquestionably a reduction in supply, but in reality on the peak days of the madness the difference in availability would've probably been less than one per cent. Hundreds of thousands of coins were changing hands.

I guess it may well add up cumulatively but exchange availability is elastic enough to meet most demand while completely disregarding the underlying inflation or reduced amount thereof.

Trading is a zero sum game. Traders buy and sell and buy and sell. That doesn't raise the supply and therefore can't meet demand.

Topic: This steady rise is gonna continue till halving (Read 2961 times)