Timeframe for new highs - page 2. | Bitcointalksearch.org

Crypt_Current

hero member

Activity: 686

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Shame on everything; regret nothing.

Quote from: S3052 on October 11, 2011, 02:04:13 PM

Near term, it seems that some news flow and the OWS movement leads to many new bitcoin users / investors.

I was thinking this as well... good to see others thinking along similar lines.

When people talk about Bitcoin going "back to its obscure geeky roots" or whatever -- I just don't see that as a possibility, especially with OWS accepting donations in BTC now. These protesters are fired up and as long as they have enough brain capacity to understand "BTC = useful", their acceptance will help the bull market.

Mousepotato

hero member

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Merit: 1000

Seal Cub Clubbing Club

I'm bullish as well, but not for another couple years. In the meantime I hope it goes lower (difficulty too).

S3052

legendary

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The strength and speed of the next rally will show us whether we will be in a strong 3rd wave up or a fifth, terminal wave.
If it will be a THIRD (edit, was a typo before) wave, you will likely see a new high reached even faster than the move from 1$ to 32$.
If it is a fifth wave, it can be very slow, taking up to 6-12 months.

Near term, it seems that some news flow and the OWS movement leads to many new bitcoin users / investors. I see that on my twitter followers which jumped to records in the past few days, much more growth than the past months before.
This is not fully reflected in the Bitcoin price as it will take some time for new people to get funds into the exchanges.

being

newbie

Activity: 38

Merit: 0

Quote from: wobber on October 11, 2011, 01:31:34 PM

Based on the previous experience of bitcoin going from 1 to 32, and provided a RALLY would start now, is there a way to determine how fast it could go to that point again and even higher?

I am currently being bullish on bitcoin because I see that it won't dip below 3.80.

my crystal ball says it's gonna hit 32 in about 348hours from now.

NamelessOne

legendary

Activity: 840

Merit: 1000

I'm bullish as well, though there is no way to predict exact speed of new highs, it would be a wave of up and downs gradually getting higher. The climb from 7-8 to 32 took about two weeks at the beginning of the summer.

Shinobi

full member

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Lol

wobber

legendary

Activity: 1064

Merit: 1001

Based on the previous experience of bitcoin going from 1 to 32, and provided a RALLY would start now, is there a way to determine how fast it could go to that point again and even higher?

I am currently being bullish on bitcoin because I see that it won't dip below 3.80.

Topic: Timeframe for new highs - page 2. (Read 2759 times)