Bitcoin Forum

Economy => Speculation => Topic started by: Coinbuddy on November 05, 2014, 08:28:35 AM



Title: Bitcoin value is going up now
Post by: Coinbuddy on November 05, 2014, 08:28:35 AM
Well i noted the bitcoin price now a days.It seems to be that now bitcoin is rebounding now.Its looking good now.Hope i see it again at 600$.


Title: Re: Bitcoin value is going up now
Post by: galdur on November 05, 2014, 08:33:53 AM
Yeah. Well, weīve seen this promising chart pattern before
and then it was just shorties covering before the next leg
down. Maybe itīll be different this time but I kinda doubt
it.

BTC hasnīt retested the April low convincingly enough yet

IMO.


Title: Re: Bitcoin value is going up now
Post by: Elwar on November 05, 2014, 09:00:14 AM
Waiting on my exchange to send me a key to have access to my account...I had a dream last night that I was sitting there waiting as the price rose up over $400...then $500...


Title: Re: Bitcoin value is going up now
Post by: lophie on November 05, 2014, 10:03:13 AM
Waiting on my exchange to send me a key to have access to my account...I had a dream last night that I was sitting there waiting as the price rose up over $400...then $500...


Title: Re: Bitcoin value is going up now
Post by: b4basit on November 05, 2014, 10:07:18 AM
There is always hope for BTC  :)


Title: Re: Bitcoin value is going up now
Post by: galdur on November 05, 2014, 10:28:46 AM
There is always hope for BTC  :)

It has a great strength in its community.

Very low volume but still always this annoying
and persistent buying. Annoying for Mr. Short that is.


Title: Re: Bitcoin value is going up now
Post by: biggus dickus on November 05, 2014, 11:25:03 AM
Yeah. Well, weīve seen this promising chart pattern before
and then it was just shorties covering before the next leg
down. Maybe itīll be different this time but I kinda doubt
it.

BTC hasnīt retested the April low convincingly enough yet

IMO.

Wasn't the April low $3xx and the October low $275? That seems a pretty convincing retest to me, considering the April low was higher than the October low.


Title: Re: Bitcoin value is going up now
Post by: moko666 on November 05, 2014, 11:29:41 AM
yes
and it seems growing with stable growth and its good for bitcoin
people wants a stable currency, not a pumping and dumping cryptycurrency


Title: Re: Bitcoin value is going up now
Post by: galdur on November 05, 2014, 11:48:50 AM
Yeah. Well, weīve seen this promising chart pattern before
and then it was just shorties covering before the next leg
down. Maybe itīll be different this time but I kinda doubt
it.

BTC hasnīt retested the April low convincingly enough yet

IMO.

Wasn't the April low $3xx and the October low $275? That seems a pretty convincing retest to me, considering the April low was higher than the October low.

Well, it seems to want to go back there again doesnt it.


Title: Re: Bitcoin value is going up now
Post by: asdlolciterquit on November 05, 2014, 11:58:05 AM
Waiting on my exchange to send me a key to have access to my account...I had a dream last night that I was sitting there waiting as the price rose up over $400...then $500...

it's only dream right now... :(


Title: Re: Bitcoin value is going up now
Post by: arieq on November 05, 2014, 12:08:10 PM
Well.. I think it's just a dead cat bounce. Looking at the recent chart shows us we might rebound another 5-10 dollars then back to a steady downtrend. This time we'll cut $300 like a stick of butter and drop down to $250 in a 2 weeks.


Title: Re: Bitcoin value is going up now
Post by: wobber on November 05, 2014, 03:49:01 PM
Well.. I think it's just a dead cat bounce. Looking at the recent chart shows us we might rebound another 5-10 dollars then back to a steady downtrend. This time we'll cut $300 like a stick of butter and drop down to $250 in a 2 weeks.

Yes. This is a dead cat bounce. As soon it reaches 349 big sell orders will suffocate the rise and it might even go lower than 250!!!


Title: Re: Bitcoin value is going up now
Post by: spazzdla on November 05, 2014, 08:16:37 PM
At a market cap smaller than many peoples bank accounts... BTC has massive potential.


Title: Re: Bitcoin value is going up now
Post by: picolo on November 05, 2014, 08:28:43 PM
At a market cap smaller than many peoples bank accounts... BTC has massive potential.

The party just started ;)


Title: Re: Bitcoin value is going up now
Post by: Coinshot on November 05, 2014, 08:36:02 PM
Its a small rise upwards. If it survives till next Monday and remains above 360 then only I will start considering it as a real rebound. Till then it can quite easily fall back anytime.


Title: Re: Bitcoin value is going up now
Post by: biggus dickus on November 05, 2014, 09:08:56 PM


I agree, about a week ago I predicted this exact swing.  I predicted we drop to roughly $320, which we did, and then go back up to $345, which we're almost at right now.  At most this bounce will take us to $355 or $360 if we're lucky.  After that we will drop down and test $300.  I'm not shorting either, I'm just buying the dips and selling on up swings, and I have a proven formula for predicting price lows/highs.

https://bitcointalk.org/index.php?topic=832701.msg9409915#msg9409915



How did you make your prediction? Was it based on gut feeling/intuition, or some sort of technical analysis?


Title: Re: Bitcoin value is going up now
Post by: spazzdla on November 05, 2014, 09:23:54 PM
IMO we are sub $320 by sat afternoon.


Title: Re: Bitcoin value is going up now
Post by: joehal on November 05, 2014, 10:47:37 PM
You can wait long and hard...


Title: Re: Bitcoin value is going up now
Post by: noma on November 05, 2014, 11:13:48 PM
It actually came to 400 before and then back to 330 this week. Just because it went 10$ up, doesn't mean it will go back upto to 600$.


Title: Re: Bitcoin value is going up now
Post by: Coinbuddy on November 12, 2014, 03:47:27 PM
Bitcoin is reaching 400$


Title: Re: Bitcoin value is going up now
Post by: traderbit on November 13, 2014, 03:00:33 AM
wow time to buy ,I see too much  optimism. Everyone thinks bitcoins will rise to the 1000$ again.


Title: Re: Bitcoin value is going up now
Post by: picolo on November 13, 2014, 04:19:04 PM
wow time to buy ,I see too much  optimism. Everyone thinks bitcoins will rise to the 1000$ again.

It looks like it is raising up to 500$ then higher but it could as well go down to 300ish; last year rally is playing a role in this rally which is fueling itself in the sense that shorts are buying back their contracts and more and more people jump in the train not to miss it


Title: Re: Bitcoin value is going up now
Post by: fewcoins on November 13, 2014, 05:29:02 PM
wow time to buy ,I see too much  optimism. Everyone thinks bitcoins will rise to the 1000$ again.

It looks like it is raising up to 500$ then higher but it could as well go down to 300ish; last year rally is playing a role in this rally which is fueling itself in the sense that shorts are buying back their contracts and more and more people jump in the train not to miss it

Technically then this is the best time to sell or open shorts since everyyyyyyyone is getting super greedy