Topic: xPredict™ - Multi exchange Prediction Service Result - page 23. (Read 71228 times)

Check the Ultimate Oscillator

Currently at 607 (btc-e) and it went to 823.A crash already of 26 % .

Thank you for this analysis.

I think this needs be updated. We already had a correction from $900 and it recovered rapidly. Do you think another 10% increase to $986 will suddenly be the inflection point?

I don't think we'll see $180 again until/unless it's on the way to $0. When the current rally started I conservatively figured the top between $550 and $750, with a post-correction/crash low between $300 and $400. I was obviously wrong about that, too conservative an estimate. This rally seems to have been more orderly than what happened in March and April, depth looks good and there have been some healthy corrections along the way. There is a degree of mania of course, but the fundamentals are looking good.

Right now I'd agree with a top around $986, but I can't see us going below $400 from that level. If the top is higher then subsequent low will be higher too, in the order of 50% of the top. I wouldn't be surprised if the top is higher. The Gox-fail during April both triggered and exacerbated the (inevitable) correction, this time isn't completely different, but there are many differences. If this rally ends in the next week or two then we won't have to wait as long for the next one, perhaps three months.

Long term, bitcoin is going much higher, although I still think there's a good chance it will go to $0 within the next decade, there are just too many powerful vested interests that are threatened by decentralisation of any kind, particularly financial.

I will sell you my crystal ball for 1000 BTC

but, this time the bubble should break some new boundaries.

There are 12 million Bitcoins.  How many Chinese have the cash savings, and now the desire, to own just one Bitcoin?

I don't think the ratio is any way to call this one.

One thing you can count on though, when it starts to crash it will correct at least 50% of it's last major move.

When you see the crash start to happen, do a quick calculation of the 50% point.  Place your buy orders just above that point... then have nerves of steel and hold on tight.

There is no one to DDoS Bitcoin this time or hack all the sites. The exchanges could not handle the load the last time. The only way Bitcoin will crash this time is if the Bitcoin network cannot handle the load.

If you'd taken the ratio of the 2011 crash, the 2013 spring crash should have bottomed out around 25 USD IIRC. It was pretty different from that, though. less severe but much sharper, with a much faster recovery too, than in 2011. In other words... past performance does not guarantee future results.

Oh, it'll be spectacular. But we've absolutely seen it before.

So you'll admit your wrong if it hits that in 2 days?  I mean, what did today start at...$600?  What's it at now? Hmmm...

The faster it is rising actually makes it MORE likely there will be a crash. Things that shoot up quickly can come down just as quickly.

People are getting nervous. Any bad news could cause them to panic and pull out and we'll see a spectacular crash like we've never seen before.

Smart money sells little by little on the way up and buys back in after the crash.

Makes sence, I estimated price wont hit psychological barrier $1000
Now it is mathematically proved using linear extrapolations

Ah bitcoin, you never learn  

We will crash. But it will be temporary.

I've started selling, but just enough to be liquid in the exchanges if a crash comes. If no crash comes it's a calculated loss and no big problem. The best bet IMHO is that this plays out more or less like the last two(+) bubbles.

In case history is never repeated in finance,multiplying the Fibonacci ratio (Golden ratio = 1.618), the crash point becomes 1595 USD/BTC, and support after crash, increases to 291 USD/BTC.

or buy buy buy!!

^^ A bear dismissing the possibility of a crash -> SELL SELL SELL

I am becoming more and more convinced that a crash won't happen anytime soon.

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Bitcoin price jumped from 20 $ to 263 $,last lowest level was 75 $, so taking the same ratio, crash may happen at 986 USD/BTC.


After crash market came down to 48 USD/BTC, in the first bubble,so taking that in account, market would settle at 180 USD/BTC, after crash.