Bitcoin Forum

Retweet here: https://twitter.com/bitpump/status/517218557797867520

IF Bitcoin will continue on support line from previous bubble:

Bitcoin break out of wedge around Dec 1, 2014
$1,000+ in Aug 2015

And in Q4 2015 big rally because of upcoming halving time in Q1/Q2 2016 ... see: https://bitcointalk.org/index.php?topic=802149.0

https://i.imgur.com/uPFIpjt.png

http://imgur.com/uPFIpjt

Already lose faith in it but nice theory.

Experience traders buy where there is blood on the street and sell when everyone is cheering on the illusion gain.

Baron Rothschild is quoted to have said.. buy when there is blood in the streets, even if its your own.

Yeah , it is a nice theory .. but bitccoin system is unpredictable  ;) . So I don't think the value of bitcoin will increase above the  $ 550-600 .

Dont loose fait.
Fait always dies last.

No need to worry about it is only natural process.

System is always unpredictable but isn't the fun on that.
What will we do if price is always the same?

Buy Buy!

me too.

At least i can hope that the price will rice when there will be the halving....but in 1,5years too much things can happen.

The theory seems to be great, though the present conditions of the market seem to contradict the theory presented upon us.

Anyways, I still believe that the price will break out of the $500 range anytime soon. When that happens, I will have a nice holiday for myself. :)

I'd bet against your theory

I hope for this to happen.
But like to read about this although some1 here on forum said something similar.

The Rothchilds will get in the Btc game, then we will x100 ATH, thats all we need  :P

Admittedly, I'm getting to the point where I think an uptick in the "medium-term" (2-3 months) isn't out of the question anymore. With the next halving having been accelerated to a sooner time frame along side with general economic cycles, I think the magnitude of changes will allow for another rally.

I would love to have another year to accumulate more coins. I could easily triple my stash by then.

But I don't see it going that long without a bubble, even if it's a small one.

I'll be extremely surprised if it's below $3,000 by then.

Infrastructure and knowledge of bitcoin is building rapidly. So many more potential investors during the next upswing or two

How are you going to triple it? How do I triple my 0.9? without buying with more FIAT because I dont have any left..

get a job :)

Why? the point of Bitcoin is making mone outside a regular job  :P

Thankfully, everybody doesn't think that way. :P
Look at the number of bitcoin start ups which are out there.

So I may be new to TA, but why does that support line not touch any bottoms? I mean it looks like a random line that's not getting any action.

--Pun intended.

you will re-enter at some point, like every other troll/weak hands/panic selelr, guaranteed