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Title: Bitcoin back to $40 is probable Post by: accord01 on December 18, 2013, 06:29:29 AM Yes, it will go back to $40-60. According to masterluc and his elliot wave analysis, bitcoin is going to hit $40 in 2014. That isn't to say it can't reach $900 again before hitting $40, but I do respect his prediction of $40
See this thread: https://bitcointalk.org/index.php?topic=274613.960 Title: Re: Bitcoin back to $40 is probable Post by: accord01 on December 18, 2013, 06:33:28 AM It's amazing how masterluc is predicting it without foreknowing the details of the government. Somehow things just follow his analysis. The chinese are going to be sending tons of coins to other exchanges and then selling off...
Title: Re: Bitcoin back to $40 is probable Post by: traderCJ on December 18, 2013, 06:35:09 AM What the hell does Chinese regulation have to do with Elliott Wave theory?
Title: Re: Bitcoin back to $40 is probable Post by: samsam on December 18, 2013, 06:36:12 AM $40/BTC is not likely.
$200-$300 is where it will probably settle when the Chinese are done cashing out of BTC and back into Yuan. Title: Re: Bitcoin back to $40 is probable Post by: Edward50 on December 18, 2013, 06:43:17 AM In the 2011 bubble it went from ~$30 to $2.01.
That would be like going from $1000 to $66 during this bubble. Seems unlikely, yes. But it also seemed unlikely that it would go to $2.01 at the time. Title: Re: Bitcoin back to $40 is probable Post by: TeeBone on December 18, 2013, 06:46:30 AM Between $125-$300.
Whatever you do, DO NOT BUY now. It'll take the chinese months to cash out everything. Title: Re: Bitcoin back to $40 is probable Post by: accord01 on December 18, 2013, 06:47:15 AM lol yeah, they're probably already sending to MTGOX, bitfinex, or bitstamp.... or even shady btc-e
Title: Re: Bitcoin back to $40 is probable Post by: Bitbuy on December 18, 2013, 07:36:10 AM $40/BTC is not likely. $200-$300 is where it will probably settle when the Chinese are done cashing out of BTC and back into Yuan. Can't help wondering if they are going to cash out entirely now.... Title: Re: Bitcoin back to $40 is probable Post by: DPoS on December 18, 2013, 07:42:36 AM or even shady btc-e they seem to be the best for the true spirit of btc anyway... all the red tape of everyone else is a buzzkill and now look at them.. all those snooty folks trying to make things proper.. hope they ignore btc again!! Title: Re: Bitcoin back to $40 is probable Post by: traxx187 on December 18, 2013, 07:43:49 AM til then i hope we hit 100 -300 i wanna buy in lots
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