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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26699. (Read 26610465 times)

legendary
Activity: 1470
Merit: 1000
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Can anyone make a case that the price will not be at least twice this level within 90 days after COIN lists?

If not, let's assume it is so.  If there is a 50% chance of listing by November 8th, and the best estimator of the February 8th price without COIN is the current price, then the expected gain by 8 Feb is 50%.

That's roughly 100% annually.  It is a very very low estimate of the expectation of holding.  It may underestimate holding time however.

If you know anyone who can do without some non-zero amount of cash today, with the expectation of a 50% gain by 8 Feb, you should inform them, or you are no friend.

In other words, I'm done accumulating BTC for a while.  (Still working on XMR though.)


i'm done accumulating too Smiley
(and also working on XMR Wink )

I told all my friends to get in at 70 level previous summer. Also told them to get in at 400-500 (and told they about the Bitcoin ETF)
They had their chance, I don't want to nag Tongue
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1078
Merit: 1441
full member
Activity: 210
Merit: 100
I'm really skeptical regarding these recurring trends. The situation is completely different, but we have seen in the past that even big world or bitcoin news don't seem to move the price that much. So maybe it will repeat like you suggest, maybe it will be flat till new year. Well, I guess I'm still waiting for the Indians to wake up and go crazy on BTC  Tongue

Okay, umm but what's so different? We actually had less positive news last year, it seems. In fact, we just had the silk road seizure back then.
legendary
Activity: 1237
Merit: 1010
I really think we this is "the calm before the storm"




65 USD ~ 340 USD
85 USD ~ 450 USD
100 USD ~ 545 USD
115 USD ~ 550 USD
135 USD ~680 USD


I'm really skeptical regarding these recurring trends. The situation is completely different, but we have seen in the past that even big world or bitcoin news don't seem to move the price that much. So maybe it will repeat like you suggest, maybe it will be flat till new year. Well, I guess I'm still waiting for the Indians to wake up and go crazy on BTC  Tongue
member
Activity: 92
Merit: 10
Can anyone make a case that the price will not be at least twice this level within 90 days after COIN lists?

If not, let's assume it is so.  If there is a 50% chance of listing by November 8th, and the best estimator of the February 8th price without COIN is the current price, then the expected gain by 8 Feb is 50%.

That's roughly 100% annually.  It is a very very low estimate of the expectation of holding.  It may underestimate holding time however.

If you know anyone who can do without some non-zero amount of cash today, with the expectation of a 50% gain by 8 Feb, you should inform them, or you are no friend.

In other words, I'm done accumulating BTC for a while.  (Still working on XMR though.)


I think my brain might be a bit fuzzy today. But why does your last sentence read like you spent the previous sentences explaining why you think the price is going down? If you think the price is going up, why be done accumulating?
full member
Activity: 210
Merit: 100
If you know anyone who can do without some non-zero amount of cash today, with the expectation of a 50% gain by 8 Feb, you should inform them, or you are no friend.

Ha, I understand what you're saying, but these things are mere conjectures. They're no facts, yet. Bitcoin remains a high-risk investment vehicle. We don't even know if the Winklevosses will be successful. A failure of their enterprise may push BTC back quite a bit because institutional money will get cautious.
I'd really like to know some educates guesses on when COIN really launches!
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
Can anyone make a case that the price will not be at least twice this level within 90 days after COIN lists?

If not, let's assume it is so.  If there is a 50% chance of listing by November 8th, and the best estimator of the February 8th price without COIN is the current price, then the expected gain by 8 Feb is 50%.

That's roughly 100% annually.  It is a very very low estimate of the expectation of holding.  It may underestimate holding time however.

If you know anyone who can do without some non-zero amount of cash today, with the expectation of a 50% gain by 8 Feb, you should inform them, or you are no friend.

In other words, I'm done accumulating BTC for a while.  (Still working on XMR though.)
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 210
Merit: 100
I really think we this is "the calm before the storm"

Calm before the stormTM

Next few [hours/days/weeks] are criticalTM

SoonTM


 Grin

Don't jinx it! This isn't BFL-land Cheesy The bubbles are much more probable than them delivering according to their promises!  Wink
legendary
Activity: 3780
Merit: 5429
I really think we this is "the calm before the storm"

Calm before the stormTM

Next few [hours/days/weeks] are criticalTM

SoonTM


 Grin
full member
Activity: 210
Merit: 100
Like I said, we're not allowed to leave the 615-625 corridor as of now. Someone is paying attention, that we remain here forever. Was this dump just another dump from someone whou couldn't postpone it any further or have there been some news?


it was overdue...   at least once in 24 hrs...



Rubbish dump, not even $.5mm.

Said for weeks the bears are getting rubbish at this dumping business, they used to be much more effective.

They better do that if they intend to move the market. But the Bulls aren't exactly powerful, either. The trains have gotten weaker and weaker. We'll need to wait for fall, I guess?
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
I really think we this is "the calm before the storm"




65 USD ~ 340 USD
85 USD ~ 450 USD
100 USD ~ 545 USD
115 USD ~ 550 USD
135 USD ~680 USD
hero member
Activity: 798
Merit: 1000
Like I said, we're not allowed to leave the 615-625 corridor as of now. Someone is paying attention, that we remain here forever. Was this dump just another dump from someone whou couldn't postpone it any further or have there been some news?


it was overdue...   at least once in 24 hrs...



Rubbish dump, not even $.5mm.

Said for weeks the bears are getting rubbish at this dumping business, they used to be much more effective.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2338
Merit: 2106
Like I said, we're not allowed to leave the 615-625 corridor as of now. Someone is paying attention, that we remain here forever. Was this dump just another dump from someone whou couldn't postpone it any further or have there been some news?


it was overdue...   at least once in 24 hrs...

full member
Activity: 210
Merit: 100
Like I said, we're not allowed to leave the 615-625 corridor as of now. Someone is paying attention, that we remain here forever. Was this dump just another dump from someone whou couldn't postpone it any further or have there been some news?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1078
Merit: 1441
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