Bitcoin Forum

Just vote on the poll and maybe add a comment why.

Very short term (Hours to a day or so) Bullish
Otherwise, still bearish.
So I voted Bearish

Yeah this poll just should be for middleterm, so lets say 1-3 months. So you voted right and I think you are doing good with being bearish. Tell me, do you trade?

Every chance I get

I voted bullish, because I think we're very soon done with these discounted rates. Some huge news will come to break out.

All the developments of past year have accumulated while BTC cooled down from the +$1,000 pump.

Bitcoin has gained a huge following all around the world also in 2015. Even Wallstreet is knocking on the door.  

People say bitcoin went down so much but it actually went up, from less then US$1 to USD215 in 5 years.

http://2.bp.blogspot.com/-W5Ii-QK739c/Tui8glKrjqI/AAAAAAAAAJI/fB1qDOxBQWA/s1600/Champagne-Gala-09-550x381.png

Bearish, the public need a reason to want to control their own wealth.  When that desire happens..... I hope I am no where near highly populated areas.

Bearish because support levels broke.

I am very bullish in the long term. We are going through rough patches now, may last for months. We will get over it.

Double bottom, sure maybe, rip the band-aid and get it over with. The millions waiting to get in will be there when it hits.

This is the way to go. If you are long term, then this is perfect to buy as much as possible. Dollar cost average monthly.

Long term believer. Short term - a no longer carer.

Tell that to the people who bought above 500.

I'm sidewayish for mid-term. Prices will be in 190-290$ range.

bearish on bitcoin, ever since i listened to bulltards and bought it the price has been steadily going down, only by altcoin trading i was able to come out ahead, i believe in cryptos, just not bitcoin.

This is good observation as this is exactly where the price has been between for quite a few months now, if we crash i am sure it won't go below the 166 again as last time it lasted just a few minutes then bounced back.

I am bullish and when beautiful times like these come along i buy as much as i can afford to lose but knowing we are going to have many more little pumpys back to $300ish so it is happy times  :P

#Bullish

I thought I was the only one! However, I do care a little though, like if it dropped to $50 I'd like to know so I could buy up.

it depend on the price, but principally i'm aiming at the long term too(after all bitcoin is a long-term investement) but i do not deny that i hope for a low price to buy

That would include me as well. Bought some $450 - $550 and now $220. No regret.

Long term - Bullish absolutely

Short term (1-5 years) - Not really bothered

With current prices I am quite bullish. Which I also voted for. If you look at the long term picture, how can you not be bullish?

+1

regretfully bearish until I've been convinced of otherwise such as after a fully confirmed reversal of the trend for at least 6 months!

hmm personally i gotta agree with you here but im on the edge of becoming bullish :P :D

It's a game of cost averaging: buying on dips no matter what. At the end it will pay off, but not everyone is patient which leads to not everyone can win in this life.

I voted "bearish" for the term that the OP is referring to. I don't see anything that indicates contrary to the current trend. There will definitely be more shock movements downward that will have rebounds that go over the average during short periods, but in general, I expect the moving average to keep going down at least for the next 4-6 months.

Maybe this will change once the average starts touching $150, but until then, I expect a consistent decline.

+1
All analsys says that we will go to 1xx $
My move is: sell (some weeks ago), buy @ 1xx and hodl!

Short term, I am bearish. I think the price is going to drop more. Long term, I am bullish. It really all depends on what time frame you're looking at with respect to the level of bullish/bearish sentiment.

Short/mid term (weeks/months) bearish, long term very bullish

When all people start claim something, Bitcoin does exactly the opposite

I am not a believer of taking a gamble ....I always like to take it slow steady...hope someday I can win the race. The current bitcoin market price is not so perfect for me.

Just being involved in bitcoin you took a massive gamble and you don't like to gamble, that makes sense. The current bitcoin market price is not good for the majority of bitcoin holders, only would it be good for the few early adopters that paid $150 or less but there are a lot more that paid over that amount..

OP i have voted bullish because i believe all the investments will make the price catch up sooner or later but i understand why people would be bearish it has not looked good for quite some time has it.

If I wasn't invested in BTC already, I believe it would be far safer to just wait and see which way this is going right now. Not worth taking this much of a gamble, that's right!

Does not compute.

But you said...

https://bitcointalk.org/index.php?topic=1023881.msg11142819#msg11142819


Why wait in the sidelines?  Why not buy now?

definitely still bearish, no levels look to hold right now, or in the immediate future

lol you're a retard

Bitcoin is king and everyone knows that, but there are a ton of interesting projects popping out and being popularized thanks to it. For example, Maidsafe is an older project about decentralization, that has got traction due Bitcoin's success. In a couple of years people will be wanting something like Maidsafe, they will need it as surveliance gets worse and worse, to the point the average joe cant even download some music anymore. With Maidsafe you will be able to do all that safely and easy, in a simply and straight forward way. If you aren't in Maidsafe already you are simply insane.

Im hodlish what happened to that vote? i'm up for sideways action for 6 months and the an uptrend, why not?

It has held above 200 for months now so that is holding for sure, it is just whales want to keep making profit so back to 300'ish then dump back down to 210-220 then soon back up to 300'ish again before you know it. This will continue for quite some time.. Bitcoin bull until the sky falls...

bullish mostly. in times of trouble its more safe

Wouldn't it be far more safe to hold your wealth in an asset that's not fluctuating highly or actually experiencing a sheer decline from time to time? Or what are the 'times of trouble' you're talking about!?

Short term: neutral.

Long term: bearish, until 200 SMA is above 300 SMA.

Pretty bearish for now. If you look at the order book, there are still large sell orders placed to dump the coins at every price level. Not much can be said in the opposite direction as buyers generally prefer the "wait and see" approach. So in order to break the sell wall resistance and have the price go up, there must be really large order coming in or else with the current scenario, it will most likely drop further.  

Looks like bitcoin is coiling up for some move. Dunno which way though.

Bulls are on the defensive right now.  Whatever funds are available i'm sure they are saving to buy more to help average out and avoid a margin call. 

I've been bearish for a long time, but we seem to have found the bottom. Unless we see a crash in the next month or so, I think we can be fairly confident in the bear market ending.

Bullish!

Bullish

https://ounce.me/img/mark-karpeles-euphoric.png

sorry, couldn't resist.

I voted bullish too and the bulls are winning :)

Bullish

The market cap is silly compared to the VC money, users and companies/people adoption. The 21M will start kicking at some point. We've had like 15+ months bear market which I think may change soon. Of course the inflation is quite big factor currently.

Bullish. I think a lot of money is waiting for the "for sure" time to get in. Either big news, or a continuous bull market.
I also think the price has artificially been pushed down to these levels so big players can accumulate more or buy in when ready. I think the scale at which things are going to expand are underestimated. There is not one person in the finance and investment world that doesn't have their eye on Bitcoin, once that rocket starts, EVERYONE will want that ride to not miss out on this time. It will be one hell of a ride.

Thinking this too - when there's not much money left to be made in shorting, then pumping becomes the way to go.

well kraken has initiated liquidating 200,000 mtgox bitcoins so you guess what happens when the coins hit exchanges...


https://www.mtgox.com/img/pdf/20150422_report.pdf

(2) Status of Management of BTC
While I had secured 202,149.2273849BTC by the time of the 2nd creditors’
meeting, thereafter I continued to investigate the addresses held by MtGox and
moved the remaining bitcoins accordingly to the address of which I manage the
private key. As a result, the amount of BTC managed by the bankruptcy estate
as of April 13, 2015 is 202,159.34061488BTC. Currently, I am still
investigating the existence of BTC remaining in the bankrupt entity’s data, and it
is planned that as soon as such BTC are found I will move them to the address
which I manage, and I will keep such BTC.

I made the System open to the public on April 22, 2015 at https://claims.mtgox.com.
Any bankruptcy creditor who was a user of the BTC exchange previously operated
by the bankrupt entity (a “User Creditor”) can generally file its bankruptcy claim
online by using the System if such User Creditor:
(i) knows (a) its user name, or (b) its e-mail address and its password registered in
the BTC exchange previously operated by the bankrupt entity;
(ii) can use its e-mail address registered in the BTC exchange previously operated
3
by the bankrupt entity; and
(iii) consents to certain matters shown in the System.
2. Filing of Proof of Bankruptcy Claims through System Operated by Kraken
In the course of developing the System, I obtained assistance from Payward. Inc,
(“Payward”), the supporting company. By linking the System into a system of the
Kraken exchange operated by Payward, any User Creditor who is a user of the
Kraken exchange can file its bankruptcy claim through the system of the Kraken
exchange.
As stated in 6. below, I am currently considering whether I should make
distributions by way of distributing BTC. If I make distributions by way of
distributing BTC, I would need the cooperation of Payward and I would make such
distributions only to the users of the Kraken exchange.

Well it's still far too early to really call this a trend-reversal. It could just as well be just another bounce before a big drop (we've seen this before). But it's good to see the price trying. I've still got quite some hopes up that we break out of this downtrend for good now, as well!

According to a lot of people in tradeview they are seeing still a downtrend or at least a period of time of being stuck on this low 200's price. We'll see if we can break to 300 territory through this summer. BTC is so undervalued right now, feels good.

I enjoyed reading this very much^^^

 The longer it takes the more we accumulate.

I agree, not sure when that ride will start, might take a while.

Anyway, I'm a long term bull

Bearish,  No Questions

I agree with most of what you said, but how exactly do you thing the big players are manipulating the market? Are they holding off for the right time to buy? Maybe, although I think many of them are just holding there positions as well, but I don't see how they could be manipulating on a large scale.

Maybe this is my tin foil hat thinking, but here we go:

If you, or your investment partners, or investors you know, caught wind of Bitcoin being brought to the masses for completely legal trading, you would want the most Bitcoin for the least amount of money to accumulate before the masses started trading under the new platforms. You or people you hire short Bitcoin to drive the price down, enduce panic and make Bitcoin seem like a failure, pay troll accounts on forums to bash Bitcoin, in hopes of anyone who reads the forum to sell or not buy Bitcoin, if you are a large, well respected investor or investment group, maybe you say some bad things publicly about Bitcoin to drive the price down or steer others away for a while. Maybe if you are trying to open an exchange (or looking for more funding), and the only way it will get approved or funded is if the price is lower, so the greedy ones doing the approving or funding can accumulate a large stash of Bitcoin for themselves.
I could go on and on with possible theories, some more logical than others, but based on everything I've read in the past year, from articles, to forums, etc.. Makes it seem that some power(s) that be want to accumulate more and control the market, at least while they can, and the most profitable way is to drive the price down and accumulate. Which is good for bears here at first, but great for Bulls when they can go no lower, they've got to make money somehow, and that's by going UP! Some may think I'm a little off the wall for making these theories, and I'm not saying they are right or wrong, just possibilities. Hey, this is a speculation forum right?  ;D

I don't think that's too tin foil personally. It seems completely natural.

Jim: "How's that chocolate cake?"
Bob: "Oh, it tastes terrible, you shouldn't eat any."

for the short term i think we will go a bit lower than we are now but around or after the summer it will definitely go above $300 but can it stay above $300 is what i'm asking myself.

It's clear to me now that a lot of the good stuff (BTC, XMR, MAID, DASH) are being keep down in price while the whales are slowly stacking up, to not disturb the low price and keep everyone away from paying any attention to it. Classic move for those that have a lot of money, are bullish but don't want to trigger a rally.

I voted for yes i am bullish because we have to remember the amount of investments that has gone into this recently it has not reflected in the price at all as far as i am aware because of the manipulation, but i am pretty sure before long we will see it break out. User adoption rising and  i am just an all around positive person, so that reflects my vote.. 

All VC investments won't do anything for price within the next two or three years. All they do is help building an infrastructure that may be very useful in a few years. Don't get me wrong, this is very very important and a very positive thing but it won't affect the price at all for the time being.

I am actually quite undecided at the moment. Things don't look exactly good, but on the other hand it seems like we need some more pressure to get the price down. It is very good to see that we are not budging in that easily.

I have a feeling that in the next 12 months prices will rise, because in the last fall 200 hold pretty good, unlike the time when prices went to sub 200 level.

This is an excellent period to improve one's portfolio with BTC and ac couple promising alts such as Maid and XMR. I can't wait for the end of the month to arrive so I can get paid and buy a bit more cheap ass BTC and a couple cool alts. This is how it's done. Then it's a holding game.

May I ask how you are exactly splitting up those investments? I think that BTC still has the biggest chances of a long-term success and it doesn't really make sense to hold Altcoins. But if you really believe in the future of a specific coin, I think it is totally alright to invest in it, but make sure not to bet too much on the wrong horse / apparent underdog.

All we can do is hope my friend.

The odds are in our favour I think.

Winkle ETF
BIT Exchange
Gemini Exchange
NYC Bitlicense

All with the wheels in motion for approval/regulation.

I expect the price to be at least double what it is now within 6 months.
We then have the next halving in about 12-14 months.

Good times ahead I predict.

Last Chance to pick up cheap coins. Triangle is closing til 5/5 latest. next station 450-500

http://www11.pic-upload.de/25.04.15/ta9yri28qlcd.jpg (http://www.pic-upload.de/view-26826425/btc20150424.jpg.html)

Very bullish.  We have just reached bottom.  This is a good time to buy.

"Bottom"

We are Bitcoiners!

https://media.giphy.com/media/GNQSWovPVcx7W/giphy.gif

The time of Bitcoin is coming.

gold:
https://pbs.twimg.com/media/B-qTMOPUEAA42I_.png

bitcoin:
https://pbs.twimg.com/media/B-qTMdzVIAAlkDu.png

I am an eternal long-term bull, who has just turned bearish for the short-term.
This rut seems to be a long one. :(

The similarity there is staggering. I have never compared these two graphs before.

Good info tokeweed.

The price will be definitely making a move and likely a major move during your time frame and I would proffer that the upgrades in infrastructure will be contributing underlying sentiments that help fuel the good times. We are way undervalued for current times, it's just that big dogs are buying time for their associates to build their stash and let the upcoming institutional tools to kick off the next run. At least that's what I think, to each their own.

Keep in mind that this is in no way a guarantee or anything that proves or makes it more probable that Bitcoin is going to perform in a (even remotely) similar way! It merely shows that assets may perform bad over a certain timeframe and return to performing well again. Humans love to look for and find patterns and fractals in everything - especially charts!

This is a fair comment. I have seen many a YouTube vid on Elliott wave, predictions etc and they rarely come true.

Market manipulation, world events and human nature + many more factors take place to ruin predictions.

Yeah, that's a valid hypothesis. I think it can't be really proven, but it may hold true. In my books, even if the VC fundings don't do anything to fuel the price directly, they certainly won't hurt Bitcoin's future development. We need innovation, we need new products and services, we basically need an incentive for people to go and use BTC. And with the underlying technology and services improving, this gets more and more likely.

Close the loop.  You want people to spend in BTC?  They should be earning in BTC.

I am slightly bullish. Price has not moved near the recent low of $150 and $200 seems to hold. But I expect a long sideways movement until late 2015, where surely some of the speculators will leave the boat. But I think there is a great possibility that genuine use will slowly increase and so the "usage/speculation" ratio will go up.

Howcome so suddenly the poll got more bullish votes, bears were in the lead.
Probably someone uses his altaccounts to manipulate.

Bullish of course. The price is still staying between $200 and $300 and not going lower. With the coming licences and halving in the future there's no reason to sell and wait for it to go lower.


Why do you suspect bulls of manipulation but not the bears? Maybe the bears run out of their accounts and allowed the rest to catch up.

Because since yesterday the bulls suddenly got 30 extra votes, the amount is not in line with the trend (amount of votes per day) since the start of the vote. Also no extra (bullish) posts have been made, it's obvious this poll is not representable any longer. Might as well reset it.

I think we're about to see a BTC break-out (within a few days) to the upside followed by a complete LTC collapse before summer.

That's a pretty bold claim considering the ltc halving comes in late summer. Plus, historically major btc rallies coincide w/ that of ltc which is usually larger.

Hasn't this downtrend taught us that price history should be confined to the bin forever? All the old dead certs have been comprehensively pissed all over.

Having said that there's a lot of potential upside for LTC, but if there's ever another price explosion for bitcoin the case for other coins will be weaker than ever.

Lemme check again...
Nope, Still bearish

I told u so 1 week ago. We left the 1.5 Downtrend triangle and it immediately went up the same day already. last chance now!!

Bullish  ;D

short, mid, and longterm  8)

i was quite bullish but i am seeing a short term decline and believe it will be initiated very soon. so currently you can say i am bearish. next few months will be different for sure with block halving comming.

Bullish (what a surprise right  :D I'm always bullish) but seriously, wave iii didn't play out, the flat stability is bullish. https://bitcointalk.org/index.php?topic=812637.msg11248761#msg11248761 (https://bitcointalk.org/index.php?topic=812637.msg11248761#msg11248761)

Yeah now all is waiting next block comming and see what happen. Price up or still stable like now because many manupulation price on market :(

Depends on what you mean by "right now"? When it comes to the price short term, I'm kind of on the fence. Other than the mini spike in June last year, the price has been going down pretty much consistently over the past 15 or so months so I'd be lying if I said I knew that this is the bottom and that prices won't fall even further.

When it comes to the price long term, then I'm definitely very bullish although probably not as much as some other people here. The technology of the blockchain is sound and the benefits are pretty obvious (trustless, near-instant, and very low-cost transactions for starters). The past several years have shown that not only does the protocol not have any fatal weaknesses, but also that the network can scale and continue to remain resilient to attacks in the face of ever-increasing market caps. Even more importantly, mainstream society is now starting to accept BTC and the concept of cryptocurrencies. I first knew about Bitcoin back in 2011 and back then, I would never have thought that major companies like Microsoft, Dell, Overstock, and Expedia would be accepting BTC (granted, with the exception of Overstock, this description isn't truly accurate) or that companies like Microsoft and IBM would start their own blockchain-based projects.

I predict Bitcoin and cryptocurrencies in general have a fair shot at reaching the status of how gold is viewed today sometime in the future. To think that it will replace all fiat currencies and become the main currency is a bit more ambitious and slightly less likely IMHO, but still far greater compared to the risks of not investing at all:

Judging by the impact of halvings of other coins it never had a relevant effect on the price, even tho Bitcoin is not comparable to any alt because its the original coin, it may indeed serve as a bull presure when the day comes, in any case i have the halving day marked in my calendar as an important day.

I voted long term bullish and short term bearish, this coin/tech has so much to offer, I really am not to fussed about price as long as it is still being adopted and people still care then that is what matters. Long live the bitcoin movement more than the price..

I also heard a coins halving should increase the price in the long term, but noticed it rarely seems to work out like that for alts. Perhaps its because bitcoin's been going down for over a year and the alts follow bitcoin.

I am of the opinions that the current bear run is waning away as we speak.

 I am bullish. back in oct 2011 bitcoin was $3. I see this as a real number not a goxed number for example. In the next 12 months it went up 2-3 times depending on which numbers you use.
so bitcoin can easily have good growth of that level when it is not being goxed.

so I take a possible price in oct 2015 and see what the price might be in oct 2016 using the year on year change to get to the Oct 2015 price from $3.
The figures are below
eg if price drops as some predict to a "true" bottom of $100 the year on year change has been 2.39 so I see bitcoin being $239 in oct 2016.
so if i bought now and even if there was a big drop to $100 within a year I would be roughly back where I bought at. Obviously if the price is about where it is now (250) the price might be one year on nearly 800. Even if my extrapolation overstates things by say 50% a price in Oct 2016 might still be nearly $400 a year later -  great gains
It works for me.


100   239

200   574

250   796   
   
300   945
   
   

but not true with bitcoin, the last halve did had an effect, the price was starting to rise prior the halving, and reached a x2 , it doubled in substance

i doubt it will remain the same, something will happen for sure, it might be still worth to being bullish by that time

Doom subsiding?

I just don't see any evidence of large scale manipulation. It would have to be a large scale effort: you and I can want cheaper Bitcoin all we want but our effect on the market will be limited. But Bitcoin is just a small side market for large institutional investors who might have the ability to manipulate the market a bit.

Nope, Doom presiding

Ohhh. I'm going to like you!  :-*

optimistic bullish , but atm still bearish  >:(

$238 seems to be the magic orchestrated number for the day.. Good Lord, what will tomorrow bring, up or down? Gotta be up since certain types are MIA.

Always bear, never a bull, and 99% of the time, you are right. Regarding the other 10% , well if it indeed gets to a full scale bullrun, it doesnt matter if
i didn't rebuy at lowest point, i will still make profit soonafter.

cheers

Seems like we went down from there. I'm concerned by the fact that we have broken down below the small uptrend support line. I don't really know where our new lines lie, though. I guess we may be forming completely new ones, and push against the former support line, which is now a resistance line, most likely!

You are actually quite right about this one. One has to consider, though, that the bull runs are still (even now) bigger than any bear market - even if the bear market lasts longer in terms of time. Bears seem to be the better traders, in my experience - they aren't afraid to change camps as much as bulls are, it seems!