Bitcoin Forum

Let us know about those forecasts as all People are interested in.

Well, Zero is offcourse possible but I am more interested in optimistic forecasts.
I assume the others as well.
::) ;D

Here a very good Video I got from the german Bitcoin.de Forum.
http://www.youtube.com/watch?v=qHUPPYzzZrI

since I am a german I read also german chartanalytics.
gomode-trader.de  is very good on stocks,currencies etcetera and they made an analysis of the Bitcoin -Price just at 11.18.2013:
http://www.godmode-trader.de/nachricht/bitcoins-zukunftswaehrung-oder-jahrhundertblase,a3294895.html

For non german Readers I try to translate the most important conclusion (see quotation) from the Analysis.

A Rally acceleration is going on which could push up the Price up to the potential trendchannel top at about 2.400 to 2.600 Dollar.
From there could start a correction which might be finished in the bullish Version in a few month at an high Level.
After that another Rally acceleration is possible.
Prices up to 15.000 or 100.00 Dollar seem to be utopic at this time but from the chart-analytic Point of view they are possible without any Problems.
The amount would be not more than the first Rally from 2010 to mid 2011.

Sorry for my poor english.

If you look at the Chart you will see a very short time to reach the potential highs. Only about 3-6 or 8 months.
Very bullish.
Remember I said goodmode-trader.de is very good.
Let`s hope for us all.

Interesting analysis but can't believe in prices more than let's say 1500 (a top followed by bubblepop at about 500-600)

But if price goes there, I'll buy that website.

I think the most interesting point of this Analysis is the very strong bullish condition of BTC
If it`s going down as you mentioned (bubblepop) it will be nice chance to buy.

Is what you thought when bitcoin went from sub 1 to 5, from 5 to 20, from 20 to 266..., isn't it?

Somewhat true. Is what I thought when it went from 1 to 31. 

Let's hope the best (100K) :)!

Anyways, I suggest we just lean back and enoy whatever happens. Every now and then we'll remember the old days.

edit:

and laugh, whatever happens!

Which poor english? The only mistake you made that I could find is "Version in a few month at an high Level.". It should be "a high level". Your english is better than most british/american people I speak. (p.s. i'm dutch).


That said my optimistic analysis is the following. (rough values)

Based om the recurring hypes and falls i've noticed the following. Every hype pushes the bitcoin to roughly double the previous hype and crashes to half that value. For example the last hype went to €270/$360 and this time to €650/$900) crashing back to about €330/$440. Plotting this into the future the next hype/bubble will go to €1300 (approx. $1800) and crash to €650/$900. Giving it 2 hypes per year we can hit the €10000/$14000 in two years.

Usability of bitcoin is increasing day by day reducing the risk of a crash to zero.

I do believe we will get near an equilibrium someday, my belief is it will be at the same level as a kilogram of bullion gold. Let's say €32000/$43000. I don't think $100000 will happen within 5 years.

The moon called, it says thanks for coming and its busy setting up a nice place for us

Thanks for correcting.
Now it`s your turn to translate this:
Bonus vir semper tiro.
That`s my Mantra.
I am half dutch.My dad was born in Utrecht. He was an olympic waterpolo player for the Netherlands 1936.
so you can imagine my age.
Kind regards to the Netherlands

another good article;
http://bullmarketthinking.com/charts-bitcoin-vs-10-of-the-biggest-bubbles-in-human-history/

Good Mantra ... "a good man is always learning" most people have Mantra's like Carpe diem which they also misinterpret :)

I work in Utrecht and live in the Hague, the world is a small place.

Thank you very much :)

You are wellcome.
But WHOW, you translated my Mantra. Well done !
Even people with the "great Latinum" got problems understanding my Mantra.
is the key- and problem- word as well.