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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 34031. (Read 26709357 times)

full member
Activity: 238
Merit: 100
In Gord We Trust
according to my calculations if we stay on the current bullish trend we will hit 1,480.78$ in 6 months 16,867.02$ in 12 month 2,188,434.58$ in 24 months


omg why did i sell 3 coins for only 500$  Cry

I can't help but notice the bulls (me included) are throwing much higher numbers (even in relative terms) than in 2011 ("$1000 by the end of the year"... quite conservative). I also have a feeling this time they are having an easier time actually believing their own projections might come true.

I remember when friends used to ask me back in 2011: "when will you sell", my answer was: at 1 BTC = 1 oz gold. This doesn't seem so outlandish any more, does it?

It's almost like my wildest dreams are coming true: bitcoin seems to really work out!

Have you guys seen that guardian piece about the Bitcoin Kiez (http://www.guardian.co.uk/technology/video/2013/apr/26/bitcoin-currency-moves-offline-berlin-video). Had you shown me this in 2011 as a "video from 2 years in the future", I wouldn't have believed it and would probably not have been able to stop laughing in pure joy for a day or two. Nowadays my reaction is simply: "oh, cool! Quite a well done piece! Thanks cool dudes in Berlin!".

My old dreams are the new normal, I should get some new dreams... think big this time.


It's an awesome feeling isn't it? I didn't have a target sell price for my coins in 2011 like you did. I just knew that I would hold them for 5 years and see where things would be at when 2016 arrives. What could it be like in 3 more years having the benefit of updated information compared to 2011? The dream is the same, but the realization of it could end up being far greater than anyone expected.
full member
Activity: 238
Merit: 100
I can't help but notice the bulls (me included) are throwing much higher numbers (even in relative terms) than in 2011 ("$1000 by the end of the year"... quite conservative). I also have a feeling this time they are having an easier time actually believing their own projections might come true.

I remember when friends used to ask me back in 2011: "when will you sell", my answer was: at 1 BTC = 1 oz gold. This doesn't seem so outlandish any more, does it?

It's almost like my wildest dreams are coming true: bitcoin seems to really work out!

Have you guys seen that guardian piece about the Bitcoin Kiez (http://www.guardian.co.uk/technology/video/2013/apr/26/bitcoin-currency-moves-offline-berlin-video). Had you shown me this in 2011 as a "video from 2 years in the future", I wouldn't have believed it and would probably not have been able to stop laughing in pure joy for a day or two. Nowadays my reaction is simply: "oh, cool! Quite a well done piece! Thanks cool dudes in Berlin!".

My old dreams are the new normal, I should get some new dreams... think big this time.

I crunched the numbers and there is a direct correlation between your 2 year old dreams and current Bitcoin happenings. Please, dream really big this time.





Still hangin around 137 with barely any volume. Time to sleep.
donator
Activity: 2772
Merit: 1019
according to my calculations if we stay on the current bullish trend we will hit 1,480.78$ in 6 months 16,867.02$ in 12 month 2,188,434.58$ in 24 months


omg why did i sell 3 coins for only 500$  Cry

I can't help but notice the bulls (me included) are throwing much higher numbers (even in relative terms) than in 2011 ("$1000 by the end of the year"... quite conservative). I also have a feeling this time they are having an easier time actually believing their own projections might come true.

I remember when friends used to ask me back in 2011: "when will you sell", my answer was: at 1 BTC = 1 oz gold. This doesn't seem so outlandish any more, does it?

It's almost like my wildest dreams are coming true: bitcoin seems to really work out!

Have you guys seen that guardian piece about the Bitcoin Kiez (http://www.guardian.co.uk/technology/video/2013/apr/26/bitcoin-currency-moves-offline-berlin-video). Had you shown me this in 2011 as a "video from 2 years in the future", I wouldn't have believed it and would probably not have been able to stop laughing in pure joy for a day or two. Nowadays my reaction is simply: "oh, cool! Quite a well done piece! Thanks cool dudes in Berlin!".

My old dreams are the new normal, I should get some new dreams... think big this time.
member
Activity: 84
Merit: 10
Incredible volume during that sell off from the all time high. Compare that with the run-up and it is night and day. Not sure what to make of it.

Market is loaded with noobs and fish traders. If and when we see another epic rally the "top calling" narrative will be good comedy as market participants are primed to expect the rug to be yanked out at some point.



That's sort of the point, isn't it?
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
Incredible volume during that sell off from the all time high. Compare that with the run-up and it is night and day. Not sure what to make of it.

Market is loaded with noobs and fish traders. If and when we see another epic rally the "top calling" narrative will be good comedy as market participants are primed to expect the rug to be yanked out at some point.

donator
Activity: 2772
Merit: 1019
I am content for this week.

Things work better when retracements happen. Noobs stop speculating. It stops looking so bubblish. Fibonacci has a field day. Its all good.

Umm, hello, noob here, what do you mean with the fibonacci? I am sure it's a very witty comment but I don't understand it. ^^'

Correlation does not imply causation.
legendary
Activity: 1008
Merit: 1000
newbie
Activity: 53
Merit: 0
Arg bitcoin charts is down.
full member
Activity: 224
Merit: 100
What about those of us who are looking to buy?

Breaking out is not the signal I want to wait for, lol
sr. member
Activity: 448
Merit: 250
this statement is false
Really surprised we are still at high $130's.  Was feeling pretty sure we were going to see a downward slide recently, to $120 odd.

This whole speculation stuff just ain't easy at all.

it isn't as hard as you think  Smiley

i noticed the downtrend was exhausted from a number of indicators as early as yesterday evening. take a look at my thread "arepo's price analysis" for the details.

--arepo

big sellers are waiting for higher prices, higher prices will not come.
120 will fall

at this point, i'm starting to see this as likely. if we continue this consolidation in the short-term without breaking out, that would be a signal to sell. all i was saying was that i was confident $120 would hold overnight.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Really surprised we are still at high $130's.  Was feeling pretty sure we were going to see a downward slide recently, to $120 odd.

This whole speculation stuff just ain't easy at all.

it isn't as hard as you think  Smiley

i noticed the downtrend was exhausted from a number of indicators as early as yesterday evening. take a look at my thread "arepo's price analysis" for the details.

--arepo

big sellers are waiting for higher prices, higher prices will not come.
120 will fall
sr. member
Activity: 448
Merit: 250
this statement is false
Really surprised we are still at high $130's.  Was feeling pretty sure we were going to see a downward slide recently, to $120 odd.

This whole speculation stuff just ain't easy at all.

it isn't as hard as you think  Smiley

i noticed the downtrend was exhausted from a number of indicators as early as yesterday evening. take a look at my thread "arepo's price analysis" for the details.

--arepo
sr. member
Activity: 294
Merit: 250
I am content for this week.

Things work better when retracements happen. Noobs stop speculating. It stops looking so bubblish. Fibonacci has a field day. Its all good.

Umm, hello, noob here, what do you mean with the fibonacci? I am sure it's a very witty comment but I don't understand it. ^^'

http://en.wikipedia.org/wiki/Fibonacci_retracement

Not very witty, I'm sorry to say.

ahh, okay then, then it's at least a smart comment.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
come on bulls, make it 138.5 in next hour or so, wanna earn 10 bucks before going to bed Smiley
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
according to my calculations if we stay on the current bullish trend we will hit 1,480.78$ in 6 months 16,867.02$ in 12 month 2,188,434.58$ in 24 months


omg why did i sell 3 coins for only 500$  Cry
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Really surprised we are still at high $130's.  Was feeling pretty sure we were going to see a downward slide recently, to $120 odd.

This whole speculation stuff just ain't easy at all.

not late yet Smiley one big dump and we're heading there, one big pump and we are in 140s though
full member
Activity: 168
Merit: 100
I am content for this week.

Things work better when retracements happen. Noobs stop speculating. It stops looking so bubblish. Fibonacci has a field day. Its all good.

Umm, hello, noob here, what do you mean with the fibonacci? I am sure it's a very witty comment but I don't understand it. ^^'

http://en.wikipedia.org/wiki/Fibonacci_retracement

Not very witty, I'm sorry to say.
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
Really surprised we are still at high $130's.  Was feeling pretty sure we were going to see a downward slide recently, to $120 odd.

This whole speculation stuff just ain't easy at all.
sr. member
Activity: 294
Merit: 250
I am content for this week.

Things work better when retracements happen. Noobs stop speculating. It stops looking so bubblish. Fibonacci has a field day. Its all good.

Umm, hello, noob here, what do you mean with the fibonacci? I am sure it's a very witty comment but I don't understand it. ^^'
full member
Activity: 168
Merit: 100
I am content for this week.

Things work better when retracements happen. Noobs stop speculating. It stops looking so bubblish. Fibonacci has a field day. Its all good.
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