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Title: Parabolic rise has begun Post by: Hyena on July 10, 2015, 12:48:04 PM Title: Re: Parabolic rise has begun Post by: IIOII on July 10, 2015, 01:11:12 PM Rise yes. Parabolic rise not so sure (using a parabolic indicator does not mean that price appreciation will be parabolic... ;)). In my opinion we will stabilize first in a $300-400 range for another half year.
I expect the next bubble will happen shortly before or after the next reward halving. Title: Re: Parabolic rise has begun Post by: Hyena on July 10, 2015, 01:24:38 PM Rise yes. Parabolic rise not so sure (using a parabolic indicator does not mean that price appreciation will be parabolic... ;)). In my opinion we will stabilize first in a $300-400 range for another half year. I expect the next bubble will happen shortly before or after the next reward halving. A parabolic rise has to start somewhere, right? This is the first week on the logarithmic chart where we see a higher green candle than on all the previous weeks paired with the highest volume bar ever during this rally. This marks the start of a parabolic rise. Title: Re: Parabolic rise has begun Post by: waterpile on July 10, 2015, 01:37:30 PM Rise yes. Parabolic rise not so sure (using a parabolic indicator does not mean that price appreciation will be parabolic... ;)). In my opinion we will stabilize first in a $300-400 range for another half year. I expect the next bubble will happen shortly before or after the next reward halving. Same here with the prediction.. $320 is too much for a rise some people might sell their chunks of bitcoin now or next week Title: Re: Parabolic rise has begun Post by: Hyena on July 10, 2015, 01:43:43 PM Rise yes. Parabolic rise not so sure (using a parabolic indicator does not mean that price appreciation will be parabolic... ;)). In my opinion we will stabilize first in a $300-400 range for another half year. I expect the next bubble will happen shortly before or after the next reward halving. Same here with the prediction.. $320 is too much for a rise some people might sell their chunks of bitcoin now or next week Maybe 320 is too high, it could also be ~310$. It's exponential extrapolation either way and doesn't conflict with the parabolic rise theory. Title: Re: Parabolic rise has begun Post by: SmoothCurves on July 10, 2015, 03:22:45 PM Rise yes. Parabolic rise not so sure (using a parabolic indicator does not mean that price appreciation will be parabolic... ;)). In my opinion we will stabilize first in a $300-400 range for another half year. I expect the next bubble will happen shortly before or after the next reward halving. A parabolic rise has to start somewhere, right? This is the first week on the logarithmic chart where we see a higher green candle than on all the previous weeks paired with the highest volume bar ever during this rally. This marks the start of a parabolic rise. I believe you to be right. Many people on here claim it's rising too fast or unhealthy but they don't see how severely undervalued Bitcoin has been. After witnessing what happened in oct-nov 2013 i've come to terms with the fact that bitcoin is a monster who wil defy all expectations. Hang tight because the party is just getting started. Title: Re: Parabolic rise has begun Post by: Q7 on July 10, 2015, 03:34:54 PM Something doesn't seem right to me. On one side the network is undergoing stress test with transaction confirmation getting delayed. At the same time we are seeing the price going up. My initial thought was maybe there is some kind of manipulation taking place but I hope I'm wrong on that.
Title: Re: Parabolic rise has begun Post by: SmoothCurves on July 10, 2015, 03:36:23 PM Something doesn't seem right to me. On one side the network is undergoing stress test with transaction confirmation getting delayed. At the same time we are seeing the price going up. My initial thought was maybe there is some kind of manipulation taking place but I hope I'm wrong on that. get ready for $1000+ prices Title: Re: Parabolic rise has begun Post by: Greendragon on July 10, 2015, 03:40:26 PM Something doesn't seem right to me. On one side the network is undergoing stress test with transaction confirmation getting delayed. At the same time we are seeing the price going up. My initial thought was maybe there is some kind of manipulation taking place but I hope I'm wrong on that. Rises 20 dollars , calls it manipulation. Do you remember the 1200->210 manipulation? Title: Re: Parabolic rise has begun Post by: Amph on July 10, 2015, 04:21:41 PM Something doesn't seem right to me. On one side the network is undergoing stress test with transaction confirmation getting delayed. At the same time we are seeing the price going up. My initial thought was maybe there is some kind of manipulation taking place but I hope I'm wrong on that. Rises 20 dollars , calls it manipulation. Do you remember the 1200->210 manipulation? yeah but i also remember the 90--->1200 manipulation it may look only a small increase but it needs nothing and can skyrocket to 1200 again, like it did in the first time, that's why bitcoin is unstable, not because of the occasional volatility, but because of those crazy random pump and dump Title: Re: Parabolic rise has begun Post by: MF Doom on July 10, 2015, 04:50:48 PM expecting "parabolic rises" is not good overall for btc. it makes it look like a ponzi scheme.
I think this section should be called the "wild random unrealistic nonsense" section, because a lot of these posts are well beyond the realm of just speculation. Title: Re: Parabolic rise has begun Post by: porcupine87 on July 10, 2015, 05:34:24 PM I think it depends on greece and its creditors. I have no clue how this will end.
btw: Is there a way to get a price history in 5min intervals or lower? I know bitcoinscharts, but there I have to copy it manually and do this for every 2 days (1 minute charts). Title: Re: Parabolic rise has begun Post by: JimboToronto on July 10, 2015, 05:36:47 PM Do you remember the 1200->210 manipulation? yeah but i also remember the 90--->1200 manipulationHow about the $1 -> $30 -> $2 -> $266 manipulation? Title: Re: Parabolic rise has begun Post by: jaredboice on July 10, 2015, 06:34:31 PM expecting "parabolic rises" is not good overall for btc. it makes it look like a ponzi scheme. No, it makes it look like a revolutionary technology that is exhibiting exponential growth trends. Title: Re: Parabolic rise has begun Post by: Hyena on July 10, 2015, 06:56:10 PM No, it makes it look like a revolutionary technology that is exhibiting exponential growth trends. New local ATH 295$ !!! This truly has become parabolic, it is now fully confirmed. And this is good for bitcoin because it makes all the nonbelievers realize how stupid they have been. Oh smite the heretic priests, allmighty Bitcoin god. http://s7.postimg.org/r4ivo2j4b/chart.png Title: Re: Parabolic rise has begun Post by: BTCtrader71 on July 10, 2015, 07:06:43 PM I think it depends on greece and its creditors. I have no clue how this will end. btw: Is there a way to get a price history in 5min intervals or lower? I know bitcoinscharts, but there I have to copy it manually and do this for every 2 days (1 minute charts). https://www.tradingview.com/chart/?symbol=OKCOIN%3ALTCUSD# Choose your time interval at the upper left Title: Re: Parabolic rise has begun Post by: matrix zion on July 10, 2015, 07:19:47 PM yeaahhh it's shaping up to be an exciting weekend!
Title: Re: Parabolic rise has begun Post by: melody82 on July 10, 2015, 07:27:16 PM Rise yes. Parabolic rise not so sure (using a parabolic indicator does not mean that price appreciation will be parabolic... ;)). In my opinion we will stabilize first in a $300-400 range for another half year. I expect the next bubble will happen shortly before or after the next reward halving. A parabolic rise has to start somewhere, right? This is the first week on the logarithmic chart where we see a higher green candle than on all the previous weeks paired with the highest volume bar ever during this rally. This marks the start of a parabolic rise. I believe you to be right. Many people on here claim it's rising too fast or unhealthy but they don't see how severely undervalued Bitcoin has been. After witnessing what happened in oct-nov 2013 i've come to terms with the fact that bitcoin is a monster who wil defy all expectations. Hang tight because the party is just getting started. I agree that it is undervalued, and it will rise. Predicing the rise is the tricky part :) . Best to just hang on to our coins for the long haul! Title: Re: Parabolic rise has begun Post by: Hyena on July 12, 2015, 12:39:07 PM Rise yes. Parabolic rise not so sure (using a parabolic indicator does not mean that price appreciation will be parabolic... ;)). In my opinion we will stabilize first in a $300-400 range for another half year. I expect the next bubble will happen shortly before or after the next reward halving. Same here with the prediction.. $320 is too much for a rise some people might sell their chunks of bitcoin now or next week Maybe 320 is too high, it could also be ~310$. It's exponential extrapolation either way and doesn't conflict with the parabolic rise theory. 310$ broken, 320 not too high any more, is it? Title: Re: Parabolic rise has begun Post by: klee on July 12, 2015, 12:59:26 PM Rise yes. Parabolic rise not so sure (using a parabolic indicator does not mean that price appreciation will be parabolic... ;)). In my opinion we will stabilize first in a $300-400 range for another half year. I expect the next bubble will happen shortly before or after the next reward halving. Same here with the prediction.. $320 is too much for a rise some people might sell their chunks of bitcoin now or next week Maybe 320 is too high, it could also be ~310$. It's exponential extrapolation either way and doesn't conflict with the parabolic rise theory. 310$ broken, 320 not too high any more, is it? Title: Re: Parabolic rise has begun Post by: Hyena on July 12, 2015, 01:02:21 PM Title: Re: Parabolic rise has begun Post by: okthen on July 12, 2015, 04:40:04 PM It could still be only a linear rise Nov 2014 style... We'll know in a couple of weeks :)
Title: Re: Parabolic rise has begun Post by: klee on August 10, 2015, 01:20:20 PM OP where do we stand now?
Title: Re: Parabolic rise has begun Post by: AtheistAKASaneBrain on August 10, 2015, 01:22:49 PM OP where do we stand now? We stand as the most powerful network in the world with the most disruptive technology ever. Selling = idiot. Title: Re: Parabolic rise has begun Post by: MF Doom on August 10, 2015, 01:24:41 PM OP where do we stand now? We stand as the most powerful network in the world with the most disruptive technology ever. Selling = idiot. most powerful network, probably not most disruptive technology, possible, but still yet to be seen selling, good idea at some points (as anyone holding over the last year has probably lost money). Not buying back in, well then you are an idiot Title: Re: Parabolic rise has begun Post by: Hyena on August 10, 2015, 05:07:45 PM OP where do we stand now? I think it's time to raise stakes. The parabolic rise has either stopped or will turn out to be bigger than ever seen before. Since it has been predicted that a global financial crash will most likely hit us in September 2015, it gives basis to the assumption that BTC will skyrocket hard. Puerto Rico has already gone bankrupt, China is controlling their markets like a bitch, Greece is still knee deep in shit. Does not look good for the fiat world at all. 200-300 range is still a great deal to buy in. Title: Re: Parabolic rise has begun Post by: Wexlike on August 10, 2015, 05:51:27 PM OP where do we stand now? I think it's time to raise stakes. The parabolic rise has either stopped or will turn out to be bigger than ever seen before. Since it has been predicted that a global financial crash will most likely hit us in September 2015, it gives basis to the assumption that BTC will skyrocket hard. Puerto Rico has already gone bankrupt, China is controlling their markets like a bitch, Greece is still knee deep in shit. Does not look good for the fiat world at all. 200-300 range is still a great deal to buy in. But the main question is, how will Bitcoin behave against a rising dollar? Title: Re: Parabolic rise has begun Post by: conspirosphere.tk on August 10, 2015, 06:01:41 PM But the main question is, how will Bitcoin behave against a rising dollar? more interesting is how the world economy will react to it. Rising $ means all debt in $ become heavier and some of it unsustainable. So it would cause increase in defaults in any debt in $ worldwide. And if you're going bankrupt, having some btc that they can't repo sounds cool. Title: Re: Parabolic rise has begun Post by: Borisz on August 10, 2015, 06:15:27 PM OP where do we stand now? We stand as the most powerful network in the world with the most disruptive technology ever. Selling = idiot. Fund this video the other day: Bitcoin Users in a Nutshell (https://youtu.be/QQhVwBESulM) Just because a technology is disruptive or advanced and proven it doesn't automatically mean it will be adopted everywhere and become successful or world leading. It has to be attractive in other aspects as well. Also, if you can see smaller price crashes like the one a few days ago, you'd better sell and perhaps buy back later. Title: Re: Parabolic rise has begun Post by: MF Doom on August 10, 2015, 06:59:05 PM OP where do we stand now? We stand as the most powerful network in the world with the most disruptive technology ever. Selling = idiot. Fund this video the other day: Bitcoin Users in a Nutshell (https://youtu.be/QQhVwBESulM) Just because a technology is disruptive or advanced and proven it doesn't automatically mean it will be adopted everywhere and become successful or world leading. It has to be attractive in other aspects as well. Also, if you can see smaller price crashes like the one a few days ago, you'd better sell and perhaps buy back later. I agree, and I dont think anyone could argue that btc isn't disruptive. Every time someone transacts with it, some money is lost that a credit card company or paypal could have made. That alone is disrupting the multi-billion dollar payment industry. I think it's also possibly more important that it is changing the way people look at currency itself, and realizing that gvt issues notes are not all they are cracked up to be. People have the freedom to transact in other means such as bartering, using btc, using gold/silver, etc. Using only gvt notes onyl guarantees you will be taxed to the maximum extent... |
