Bitcoin Forum

Economy => Speculation => Topic started by: Wandererfromthenorth on July 24, 2015, 07:45:13 PM



Title: Good old times could be back soon
Post by: Wandererfromthenorth on July 24, 2015, 07:45:13 PM
Bitcoin is a speculation monster still in its early stages.  Since a few billion of total marketcap is still peanuts overall, it doesn't take too much for big players to pump and dump this thing to the stratosphere like in the past.

Given the nature of its market, it has pulled some no-brainer trade setups for long term plays since its inception. If price stays in this current range for a few weeks/months and breaks $315 with convincing volume and price action, this might be another one of them.





http://i61.tinypic.com/53sooz.png




http://i57.tinypic.com/jrdv6c.jpg






Title: Re: Good old times could be back soon
Post by: sgbett on July 24, 2015, 07:47:28 PM
WINTER IS COMING...

...s/WINTER/MOON/  ;)


Title: Re: Good old times could be back soon
Post by: Amph on July 24, 2015, 08:01:33 PM
yeah i always thought you, that pump come in autumn-winter and stagnation/dump in the other phase of the year, summer isn't a good time for a big pump

for now i prefer to hold, and acquire btc in another way it work good so far


Title: Re: Good old times could be back soon
Post by: spazzdla on July 24, 2015, 08:02:15 PM
Winter is coming to fractional banking.. will you be caught out in the cold naked and afraid?


Title: Re: Good old times could be back soon
Post by: Morecoin Freeman on July 24, 2015, 08:10:27 PM
There will not be enough coins for everyone. Will user kwukduck finally die?


Title: Re: Good old times could be back soon
Post by: _ajv_ on July 24, 2015, 08:20:11 PM
WINTER IS COMING...

...s/WINTER/MOON/  ;)

This? https://www.youtube.com/watch?v=-VBdAY8eA9w :D


Title: Re: Good old times could be back soon
Post by: zoinky on July 24, 2015, 08:57:26 PM
Slowly but surely.


Title: Re: Good old times could be back soon
Post by: galbros on July 24, 2015, 08:59:06 PM
Those are nice charts.  I thought the defeat of the bearwhale at 300 (in Oct?) would set a new bottom, but no luck.  I am still optimistic about bitcoin, but seriously doubt that boom times of the run up to 1000 will be back any time soon.

I hope I'm wrong, and that the title of your thread is right on!

Good Luck!


Title: Re: Good old times could be back soon
Post by: pitham1 on July 25, 2015, 12:19:48 AM

PS: BTC is and always was something you were supposed to trade and not blindly HODL IMHO. As in trading = buying and holding when expecting an uptrend, not being afraid to sell if an uptrend is expected. Even if it's only a few trades a year.


You mean not being afraid to sell if a downtrend is expected, don't you?
People who got into Bitcoin on its downtrend from $600 are probably stuck and are holding on to their coins irrespective of the outlook. They would be okay with paper losses, but wouldn't want to actually book a loss.


Title: Re: Good old times could be back soon
Post by: Wandererfromthenorth on July 25, 2015, 12:26:13 AM

PS: BTC is and always was something you were supposed to trade and not blindly HODL IMHO. As in trading = buying and holding when expecting an uptrend, not being afraid to sell if an uptrend is expected. Even if it's only a few trades a year.


You mean not being afraid to sell if a downtrend is expected, don't you?
You're right  ;D

Yes, "not being afraid if a downtrend is expected" of course, fixed it now.


Title: Re: Good old times could be back soon
Post by: randy8777 on July 25, 2015, 12:29:41 AM
Those are nice charts.  I thought the defeat of the bearwhale at 300 (in Oct?) would set a new bottom, but no luck.  I am still optimistic about bitcoin, but seriously doubt that boom times of the run up to 1000 will be back any time soon.

I hope I'm wrong, and that the title of your thread is right on!

Good Luck!

you're not wrong. it's actually nice to see that there are still realistic people here that look at facts, instead of living in a fantasy world regarding the bitcoin price. we just need patience. that's all. $1000 is a matter of years before we see it again.


Title: Re: Good old times could be back soon
Post by: Cconvert2G36 on July 25, 2015, 12:30:11 AM
Wandererfromthenorth, you seemed pretty dang bearish a few weeks back. What was the data/indicator that moved you?


Title: Re: Good old times could be back soon
Post by: Karpeles on July 25, 2015, 12:33:50 AM
Wandererfromthenorth, you seemed pretty dang bearish a few weeks back. What was the data/indicator that moved you?


The "I already bought all the coins I want" indicator, I bet


Title: Re: Good old times could be back soon
Post by: r0ach on July 25, 2015, 01:00:46 AM
$1000 is a matter of years before we see it again.

There's a high enough chance of economic collapse + martial law in same time frame to launch BTC and/or gold to whatever price you can imagine.


Title: Re: Good old times could be back soon
Post by: MoreFun on July 25, 2015, 01:13:07 AM
Rocket starts after last auction announcement (first 10% crash) or gox coins resolution.


Title: Re: Good old times could be back soon
Post by: jjacob on July 25, 2015, 03:44:49 AM
Rocket starts after last auction announcement (first 10% crash) or gox coins resolution.

Gox coins resolution doesn't seem to be happening any time soon.
Bitcoin looks like it is a rocket about to take off.


Title: Re: Good old times could be back soon
Post by: pooya87 on July 25, 2015, 04:52:01 AM
PS: BTC is and always was something you were supposed to trade and not blindly HODL IMHO. As in trading = buying and holding when expecting an uptrend, not being afraid to sell if a downtrend is expected. Even if it's only a few trades a year.
A much more efficient strategy than always holding and much safer (it allows you to avoid things like losing 70% of money invested in more than a year).


i like your postscript. this is i always try to do. i believe you either have to use bitcoin as a currency and don't even think about the market and speculations and spend it online or any other ways that are possible.
or when you decided to trade it, you shouldn't just hold your bitcoins and hope the price goes to $10K to sell then.
just look at topic "i will sell my bitcoin if price ...." the responds show that a lot of bitcoin users have this mentality to hold and hope for the break to sell then.


Title: Re: Good old times could be back soon
Post by: MahaRamana on July 25, 2015, 05:18:22 AM
Those are nice charts.  I thought the defeat of the bearwhale at 300 (in Oct?) would set a new bottom, but no luck.  I am still optimistic about bitcoin, but seriously doubt that boom times of the run up to 1000 will be back any time soon.

I hope I'm wrong, and that the title of your thread is right on!

Good Luck!

you're not wrong. it's actually nice to see that there are still realistic people here that look at facts, instead of living in a fantasy world regarding the bitcoin price. we just need patience. that's all. $1000 is a matter of years before we see it again.

The USD will crash this year before september 23. Bitcoin should be well over 1000 by october 2015.


Title: Re: Good old times could be back soon
Post by: inca on July 25, 2015, 06:34:54 AM
I think this thread can be summarised as: I bought in!


Title: Re: Good old times could be back soon
Post by: spiderbrain on July 25, 2015, 07:26:00 AM
I think this thread can be summarised as: I bought in!
And about time too ;)


Title: Re: Good old times could be back soon
Post by: jeffthebaker on July 25, 2015, 07:38:24 AM
WINTER IS COMING...

...s/WINTER/MOON/  ;)

WINTER 2013 ROUND 2 ANYONE????

I would be absolutely ecstatic if Bitcoin does what it did at the end of 2013 at the end of this year, and magnified to the scale it is today in comparison to two years ago. If things really do happen in cycles, let's hope Bitcoin runs on a two year cycle :P


Title: Re: Good old times could be back soon
Post by: Natalia_AnatolioPAMM on July 25, 2015, 09:03:13 AM
No doubts it's going to be a good year for bitcoin !! finally we'll bloom and blossom


Title: Re: Good old times could be back soon
Post by: randy8777 on July 25, 2015, 09:37:48 AM
Those are nice charts.  I thought the defeat of the bearwhale at 300 (in Oct?) would set a new bottom, but no luck.  I am still optimistic about bitcoin, but seriously doubt that boom times of the run up to 1000 will be back any time soon.

I hope I'm wrong, and that the title of your thread is right on!

Good Luck!

you're not wrong. it's actually nice to see that there are still realistic people here that look at facts, instead of living in a fantasy world regarding the bitcoin price. we just need patience. that's all. $1000 is a matter of years before we see it again.

The USD will crash this year before september 23. Bitcoin should be well over 1000 by october 2015.

what makes you think the us dollar will crash? what you say just doesn't make any sense. if you believe yourself then go buy a huge load of coins right now and sell them in oktober this year.  ;)


Title: Re: Good old times could be back soon
Post by: Amph on July 25, 2015, 11:40:35 AM
Those are nice charts.  I thought the defeat of the bearwhale at 300 (in Oct?) would set a new bottom, but no luck.  I am still optimistic about bitcoin, but seriously doubt that boom times of the run up to 1000 will be back any time soon.

I hope I'm wrong, and that the title of your thread is right on!

Good Luck!

you're not wrong. it's actually nice to see that there are still realistic people here that look at facts, instead of living in a fantasy world regarding the bitcoin price. we just need patience. that's all. $1000 is a matter of years before we see it again.

The USD will crash this year before september 23. Bitcoin should be well over 1000 by october 2015.

if usd crash bitcoin will be over 10k in no time not just over 1k, and usd will not crash anytime soon, so i don't know what you are talking about with that random september 23


Title: Re: Good old times could be back soon
Post by: LFC_Bitcoin on July 25, 2015, 06:24:48 PM
There's no point speculating about timescales regarding profit taking. Anybody who is serious about bitcoin & its future just needs to buy & HODL, just keep accumulating & HODL for years & years.

The day of glorious prices will come, just HODL & be very patient. We need to be willing to wait for maybe even 10-15 years. It might be the best thing you ever do. 100,000 USD bitcoins await us fellow financial pioneers ;D


Title: Re: Good old times could be back soon
Post by: magicmexican on July 25, 2015, 06:35:31 PM
God i miss the good ol' times when you open the graph in the morning and price can twice (or half) it was last night. I even miss the "China bans bitcoin, episode 17" times, with all the crazy dumps.

Nowadays even the 20$ jump considered "huge".


Title: Re: Good old times could be back soon
Post by: Biodom on July 25, 2015, 06:35:59 PM
Those are nice charts.  I thought the defeat of the bearwhale at 300 (in Oct?) would set a new bottom, but no luck.  I am still optimistic about bitcoin, but seriously doubt that boom times of the run up to 1000 will be back any time soon.

I hope I'm wrong, and that the title of your thread is right on!

Good Luck!

you're not wrong. it's actually nice to see that there are still realistic people here that look at facts, instead of living in a fantasy world regarding the bitcoin price. we just need patience. that's all. $1000 is a matter of years before we see it again.

The USD will crash this year before september 23. Bitcoin should be well over 1000 by october 2015.

if usd crash bitcoin will be over 10k in no time not just over 1k, and usd will not crash anytime soon, so i don't know what you are talking about with that random september 23

all these september 2015 usd crash predictions are not based on anything substantial, just some website warnings.
If you look back to 1990, 2009, 2010, 2013-there were even more dire predictions that never panned out.
With commodities in a deep funk (oil, gold, etc hitting new lows), I just don't see how it could happen in such short time frame.


Title: Re: Good old times could be back soon
Post by: sgbett on July 26, 2015, 10:21:12 AM
Good old times... without Mt.Gox

whatever will the willy-bot people say then!


Title: Re: Good old times could be back soon
Post by: Wandererfromthenorth on November 02, 2015, 08:04:25 PM
http://i63.tinypic.com/juzlms.png


http://i64.tinypic.com/2dccyed.png


Title: Re: Good old times could be back soon
Post by: zimmah on November 02, 2015, 09:06:52 PM
God i miss the good ol' times when you open the graph in the morning and price can twice (or half) it was last night. I even miss the "China bans bitcoin, episode 17" times, with all the crazy dumps.

Nowadays even the 20$ jump considered "huge".

haha i remember waking up and seeing china has banned and unbanned bitcoin 3 times overnight

those were the times.


Title: Re: Good old times could be back soon
Post by: ErisDiscordia on November 02, 2015, 09:27:18 PM
Seems like you made a good call back in July.


Title: Re: Good old times could be back soon
Post by: Wandererfromthenorth on May 15, 2016, 10:26:43 PM
http://oi68.tinypic.com/2nhqek6.jpg




https://coinsight.org/graphs/huobi_btccny_depth.png

https://coinsight.org/graphs/huobi_btccny_depth_ratios.png