Title: Bitcoin to $551/btc btce before Christmas: Interpolation Infographic Post by: litepresence on December 13, 2013, 07:55:36 PM http://i42.tinypic.com/1zyqgx.png
This info graphic contains data regarding both LTC and BTC as it is speculated that LTC will approach 1/10 BTC value by New Years. Certainly relates to BTC value short and long, not sure which forum this belongs in; feel free to move. Best of luck my friends. litepresence Title: Re: Bitcoin to $551/btc btce before Christmas: Interpolation Infographic Post by: Harley997 on December 13, 2013, 07:58:53 PM yeah ok
Title: Re: Bitcoin to $551/btc btce before Christmas: Interpolation Infographic Post by: Carra23 on December 13, 2013, 07:59:20 PM Nice charts with lots of figures. I sold everything after seeing that. I even borrowed Bitcoin from my friends and sold them.
Title: Re: Bitcoin to $551/btc btce before Christmas: Interpolation Infographic Post by: JimboToronto on December 13, 2013, 08:02:33 PM Nice charts with lots of figures. I sold everything after seeing that. I even borrowed Bitcoin from my friends and sold them. LOL Title: Re: Bitcoin to $551/btc btce before Christmas: Interpolation Infographic Post by: litepresence on December 13, 2013, 08:07:40 PM http://i43.tinypic.com/2qlh2s5.png
I'll use this post for updates / modifications... try not to edit the original. Title: Re: Bitcoin to $551/btc btce before Christmas: Interpolation Infographic Post by: GigaCoin on December 13, 2013, 08:09:44 PM Thanks for the analysis Litepresence, always appreciated.
litepresence is actually a v good technicals/chart analyst, i know him since back in March 2013 from Btc-e. He has been pretty much spot on the vast majority of times, i def wouldn't underestimate his analysis / predictions. Title: Re: Bitcoin to $551/btc btce before Christmas: Interpolation Infographic Post by: RodeoX on December 13, 2013, 08:11:56 PM I would not call any of this speculation "analysis". It is guessing. But hey, some times guessing works ok.
Title: Re: Bitcoin to $551/btc btce before Christmas: Interpolation Infographic Post by: Harley997 on December 13, 2013, 08:16:17 PM Thanks for the analysis Litepresence, always appreciated. litepresence is actually a v good technicals/chart analyst, i know him since back in March 2013 from Btc-e. He has been pretty much spot on the vast majority of times, i def wouldn't underestimate his analysis / predictions. you are short-mid term bull, correct? hmmm. Title: Re: Bitcoin to $551/btc btce before Christmas: Interpolation Infographic Post by: Nolo on December 13, 2013, 08:18:23 PM If LTC hits .1 BTC by New Year's I'll be the next to purchase a Lamborghini. So yes, I hope you're right. Not sure, but I hope :)
Title: Re: Bitcoin to $551/btc btce before Christmas: Interpolation Infographic Post by: Xer0 on December 13, 2013, 08:22:40 PM I even borrowed Bitcoin from my friends and sold them. "trust me, pal, i'm just doing the best for you!"Title: Re: Bitcoin to $551/btc btce before Christmas: Interpolation Infographic Post by: Harley997 on December 13, 2013, 08:23:57 PM if i could make good analysis.... i would share it.... then maybe after some good calls, open subscription service.... no reason cant be self-interested and not manipulating
Title: Re: Bitcoin to $551/btc btce before Christmas: Interpolation Infographic Post by: GigaCoin on December 13, 2013, 08:28:10 PM Thanks for the analysis Litepresence, always appreciated. litepresence is actually a v good technicals/chart analyst, i know him since back in March 2013 from Btc-e. He has been pretty much spot on the vast majority of times, i def wouldn't underestimate his analysis / predictions. you are short-mid term bull, correct? hmmm. Long term bull actually if you followed my posts. But that doesn't mean i don't believe Bitcoin suffers from dips and corrections along the way, which present excellent buying opportunities for buyers. Title: Re: Bitcoin to $551/btc btce before Christmas: Interpolation Infographic Post by: rampantparanoia on December 13, 2013, 08:30:41 PM i guess the question is... when does A start again?
Title: Re: Bitcoin to $551/btc btce before Christmas: Interpolation Infographic Post by: Harley997 on December 13, 2013, 08:33:19 PM Thanks for the analysis Litepresence, always appreciated. litepresence is actually a v good technicals/chart analyst, i know him since back in March 2013 from Btc-e. He has been pretty much spot on the vast majority of times, i def wouldn't underestimate his analysis / predictions. you are short-mid term bull, correct? hmmm. Long term bull actually if you followed my posts. But that doesn't mean i don't believe Bitcoin suffers from dips and corrections along the way, which present excellent buying opportunities for buyers. thanks Title: Re: Bitcoin to $551/btc btce before Christmas: Interpolation Infographic Post by: litepresence on December 13, 2013, 09:17:41 PM I never hold fiat. Right now... 100% fiat.
I am a short bear on the moment and a mid bear since 7588y/btc Long? https://i.imgur.com/GOYWUMo.png Title: Re: Bitcoin to $551/btc btce before Christmas: Interpolation Infographic Post by: Nolo on December 14, 2013, 01:20:21 AM litepresence, what is your basis for believing LTC will be .1 within 2.5 weeks?
And if you believe this, why are you 100% in fiat? Title: Re: Bitcoin to $551/btc btce before Christmas: Interpolation Infographic Post by: ferda2mx on December 14, 2013, 01:37:28 AM I never hold fiat. Right now... 100% fiat. I am a short bear on the moment and a mid bear since 7588y/btc Long? If you believe in this graph (and future extrapolations), you may just hold and in 20 years buy the United States :P Title: Re: Bitcoin to $551/btc btce before Christmas: Interpolation Infographic Post by: Harley997 on December 14, 2013, 03:01:35 AM btce price -- what about other exchanges? :)
Title: Re: Bitcoin to $551/btc btce before Christmas: Interpolation Infographic Post by: Voodah on December 14, 2013, 10:45:25 AM litepresence, what is your basis for believing LTC will be .1 within 2.5 weeks? And if you believe this, why are you 100% in fiat? Yup, this model is based entirely on that assumption. Where is it coming from? Title: Re: Bitcoin to $551/btc btce before Christmas: Interpolation Infographic Post by: GriTBitS on December 15, 2013, 02:56:46 PM I never hold fiat. Right now... 100% fiat. I am a short bear on the moment and a mid bear since 7588y/btc Long? If you believe in this graph (and future extrapolations), you may just hold and in 20 years buy the United States :P thats my plan Title: Re: Bitcoin to $551/btc btce before Christmas: Interpolation Infographic Post by: BitchicksHusband on December 15, 2013, 04:06:56 PM Hey, at least for once this guy is putting his money where his mouth is. I can respect that, even though I think he's going to be left behind if he waits too long.
But I would love to pick up a couple more BTC for cheap before we take off like a rocket in January, so here's to hoping it's true. Title: Re: Bitcoin to $551/btc btce before Christmas: Interpolation Infographic Post by: GigaCoin on December 15, 2013, 06:20:19 PM Hey, at least for once this guy is putting his money where his mouth is. I can respect that, even though I think he's going to be left behind if he waits too long. But I would love to pick up a couple more BTC for cheap before we take off like a rocket in January, so here's to hoping it's true. I definitely think if we have a major dip (below $600), we're looking at a "last chance to buy low" kind of scenario. I would advise anyone here to keep some fiat ready and buy up some more coins, it will help you with cost averaging and accumulation. Title: Re: Bitcoin to $551/btc btce before Christmas: Interpolation Infographic Post by: litepresence on December 15, 2013, 09:08:24 PM litepresence, what is your basis for believing LTC will be .1 within 2.5 weeks? And if you believe this, why are you 100% in fiat? 7588y/btc was the entry into a long decline to 3300y... (ultimately the biggest bear trap known to man; long) . Price will rise again out of 3000 to 15 000 or more. So. At price point 5950y I dumped 100% to fiat. (also dumped topside pre 7588 @ 7400, and ran a short on the first bounce from 5000-5950; but that's another story and I hedged ten ways :) ) We've been as low as 5002y as of this morning; 5232y last. I have interpolated multiple short events and all show the same clear price point (and common bull/bear pattern) to me. See this one for example, which played out about 3 hours ago on 1 minute candles: Here you see it overlayed, projecting on our 12h chart: http://i43.tinypic.com/289zzgi.png it was taken from this event on 3m seen here: http://i43.tinypic.com/2mm5w68.png if you see the support lines in first image; you'll also see $550/3300y represents a "decent guess" projecting linearly from previous support. Also, I note Bitcoin long = 0.59% daily on average since day 1. August 2012, April 2013, and November 2013 are the only month long periods where price has gained for 5% daily. I recall what happened after August and April clearly. Things certainly seem to lean "cresting" since 7588y these days. Bottom bounce medium scale 3300y $550 Ultimate bottom February $360 I say we tap $650+ between Our 0.59% daily long puts us back at $1000 in August of 2014; I suspect hype will bubble it to $2000 or more by then though, Only to repeat, recycle, etc. So I dumped my 6000y crypto and I'm gonna pick up some 3500y crypto. That's why :) Now regarding why LTC is Bulling BTC Just have a look at the 12h LTC/BTC: http://i41.tinypic.com/2yla4ya.png |