We might actually see the same price pattern like last year

boumalo

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Quote from: JimboToronto on February 19, 2014, 02:13:14 AM

Quote from: thedarksun on February 18, 2014, 06:30:24 PM

Meaning we will fluctuate 500-700 dollars until november where we will spike up to maybe 1500dollars again?

The same price pattern as last year would mean spiking up to about 2200% of the previous low in about 8 months.

Last year that was from $50 in early April to $1100 in early December. This year it would be from $400 in mid-December to $8800 by mid-August.

Yes, we might actually see that. Or not. We'll have to wait and see.

You summed in well, it might happen or not, who knows, I think there is definely more upside potential than downside potential : 20% chance of x10 and 20% chance of loosing 80%, it looks like a great bet to me

JimboToronto

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You're never too old to think young.

Quote from: thedarksun on February 18, 2014, 06:30:24 PM

Meaning we will fluctuate 500-700 dollars until november where we will spike up to maybe 1500dollars again?

The same price pattern as last year would mean spiking up to about 2200% of the previous low in about 8 months.

Last year that was from $50 in early April to $1100 in early December. This year it would be from $400 in mid-December to $8800 by mid-August.

Yes, we might actually see that. Or not. We'll have to wait and see.

vehementchrome

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Huh, interesting. Maybe it'll climb up to 1,500 after the next dip...

TERA

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Quote from: thedarksun on February 18, 2014, 06:30:24 PM

Meaning we will fluctuate 500-700 dollars until november where we will spike up to maybe 1500dollars again?

No if the pattern from last year is followed, then this is a bulltrap and there is one more drop coming, to the lower 400s.

Some people actually theorize that we're EARLIER than that and actually back in May because the waves are twice as slow or something.

boumalo

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I will try to predict myself : mtgox re-open then goes under or goes under directly, the price goes down a lot (250$) then shoots up rapidly to new highs, a lot of good news, a huge economic crisis in the states then Europe, the dollar plunging will push the bitcoin's price to thousands of dollars by the end of the year

By early 2015 it will be at more than 30,000$

sgbett

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if its the same then i think this little hump will grind down to 500 where we'll stay for six months. Then a dip to around $425 will begin the next bubble to about $8k

but thats wild speculation. it could do anything

Cyberlight

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Increase to at least $ 10,000.

$ 1,500 on Dec. = bitcoin has failed.

It's all or nothing.

thedarksun

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Meaning we will fluctuate 500-700 dollars until november where we will spike up to maybe 1500dollars again?

Topic: We might actually see the same price pattern like last year (Read 1093 times)