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Title: I'll have a stab at the top: $40.53 - $47.65 Post by: Chaz on March 01, 2013, 11:47:44 AM Title: Re: I'll have a stab at the top: $40.53 - $47.65 Post by: klaus on March 01, 2013, 12:03:20 PM But the last wave is usually the strongest. Title: Re: I'll have a stab at the top: $40.53 - $47.65 Post by: nwbitcoin on March 01, 2013, 12:05:21 PM This is just getting silly.
If you have any sense, you'll be setting your selling prices around about now and buying again after the dead cat bounce! :) Title: Re: I'll have a stab at the top: $40.53 - $47.65 Post by: StarenseN on March 01, 2013, 12:09:42 PM Did you read the correct tea leafs?
Title: Re: I'll have a stab at the top: $40.53 - $47.65 Post by: blablahblah on March 01, 2013, 12:21:38 PM But the last wave is usually the strongest. The May-June 2012 bottom looks like the restart of wave 1 to me. So that means we're only on Wave 3 now? That would make the top around... previous peak: $15/$7 re-based to $18 18 * (15/5) * 1.618 = $87 ?!?! :o sunnuva... jebus! I mean, I totally expected that :D Title: Re: I'll have a stab at the top: $40.53 - $47.65 Post by: goodlord666 on March 01, 2013, 01:02:36 PM "Wave Three" OMG!
;) Title: Re: I'll have a stab at the top: $40.53 - $47.65 Post by: blablahblah on March 01, 2013, 03:21:44 PM "Wave Three" OMG! ;) I stirred the tea leaves again and now it looks like the last bubble was only 15/7 = 2.14:1 after correcting for the long-term exponentially increasing support level. Bubble mode started around Jan 13th, bottom at $13.5 support level currently at $17. 17/13.5 =1.259 support level daily growth = (17/13.5)^(1/46) = 1+i = 1.005024 bubble growth 33/13.5 = 2.444 bubble daily growth = (33/13.5)^(1/46) = 1+i = 1.0196 or almost 2% daily growth net growth: (2.444/1.259)^(1/46) = 1.0145 So the bubble will pop when the net total growth reaches 3.46 times whatever the support is on that day. After doing some logarithms and stuff to find out when the bubble will pop, the price will reach (2.444)^( ;D)*13.5 = 5.34*13.5 = $72. https://i.imgur.com/Q0MMLH2.png Title: Re: I'll have a stab at the top: $40.53 - $47.65 Post by: StarenseN on March 01, 2013, 07:23:37 PM "Wave Three" OMG! ;) I stirred the tea leaves again and now it looks like the last bubble was only 15/7 = 2.14:1 after correcting for the long-term exponentially increasing support level. Bubble mode started around Jan 13th, bottom at $13.5 support level currently at $17. 17/13.5 =1.259 support level daily growth = (17/13.5)^(1/46) = 1+i = 1.005024 bubble growth 33/13.5 = 2.444 bubble daily growth = (33/13.5)^(1/46) = 1+i = 1.0196 or almost 2% daily growth net growth: (2.444/1.259)^(1/46) = 1.0145 So the bubble will pop when the net total growth reaches 3.46 times whatever the support is on that day. After doing some logarithms and stuff to find out when the bubble will pop, the price will reach (2.444)^( ;D)*13.5 = 5.34*13.5 = $72. https://i.imgur.com/Q0MMLH2.png LOL Title: Re: I'll have a stab at the top: $40.53 - $47.65 Post by: afbitcoins on March 01, 2013, 07:49:51 PM Nice analysis :) I'm thinking a large correction about $50 but not so sure that will be the end of the bubble. Might be only the beginning ;-)
Title: Re: I'll have a stab at the top: $40.53 - $47.65 Post by: nwbitcoin on March 03, 2013, 12:56:28 PM In the grand scheme of things, the price is going to carry on going up, but as I agree that $17-$19 is the price minus speculation, I'm not buying anymore until the current peak has popped!
The only problem is that if this rally continues for a month or two, that sensible figure will naturally be higher as there will be more natural volume in the market, so I think that I might have to spend up to $21 per coin in May. Title: Re: I'll have a stab at the top: $40.53 - $47.65 Post by: goodlord666 on March 05, 2013, 02:47:45 AM After doing some logarithms and stuff to find out when the bubble will pop, the price will reach (2.444)^( ;D)*13.5 = 5.34*13.5 = $72. This would somewhat nicely coincide with my official prediction. (https://bitcointalk.org/index.php?topic=144783.0) ... |
