Bitcoin Forum

We are there guys, mark my words. BTC is past that point of no return.

It's amazing how quickly the contentless threads in this forum turn from "Bitcoin is dead!!! Sell now!!!!" to "Get on board the choo choo!!!! BTC a billion by May!!!1111!!!!"

Suuure...

can you explain your calculations of how it will never go under 600 again? on my chart i see a 55% increase in 20 hours that has has no retracement at all. under 600 is guaranteed.

I'm making a prediction on the minimum price. Impossible to tell the value it will reach in the coming months.

It's a pity the rebound has started, I was hoping and praying for a crash all the way down to $100 or less before starting its rebound :(

Goes to sleep on it I'll see you tomorrow XD

Although unlikely, it may go temporarily under $600 by $30-$40, but only as a quick readjustment. Nothing to write home about.

You know, never say never  ;D.

My prediction is for the medium-long term. $30 adjustments in the immediate period are regular.

lets calm down, last day bitcoin is dead now it goes to the moon.

the chinese will have the last word and they havent reached 600 yet.

ㅈㅈ

i guess this thread can be deleted now

*writes home*

agreed. Resistance here proven. MTgox death but BTC surviving.

Bitcoin will NEVER fall below 590 again. NEVER I tell you!

What's that? Ah...shit.

The price is fluctuating between 605 and 595. Again, $30-$40 fluctuations in the bitcoin world are negligible.

What makes you tell that it never fall 590?

Well, yes. But your thread title was somewhat more unequivocal than that.

(I'm a long-term Bull, for what it's worth.)

Aside from Gox that went to zero for many poor souls, we've not seen 200's in a long while. The bar keeps rising in this limbo game.

it's generally unproductive to give such short term trading targets, especially during high volatility.

well probably go under 560 too..

It is again below 600.Now its $575. Fools prediction

i bet Fibonacci retracement tool would be useful for this consolidation if you draw it from the bottom 400 to the top 610, we might end up seeing hits and bounces on the top 2 or 3 levels.

Yes. Never under 600? Ok, its now 595. So never under 595. Ok, now it's 575. Ok, never under 575. Ok, now it's 565. Ok, never under 565.
-> He is like a prophet!

Epic fail  ;D ;D ;D

Guys, reading a thread before posting isn't illegal or dangerous. It's actually encouraged.

Oh, so close!

If only he applied his skills to calling tops instead.

By applying the Kessler algorithm to the Daniel's Theorem I can reach a proof of nearly 200 as the Walker baseline for a Petron series. I put the tabulation at about 700 with substantial volume.

Definitely a noobie prediction

wait for the weekend. If BTC is going to take a hammering it will be over the weekend.

I can honestly see it down to 400-450 with then a slow climb back up to about 600.

The main reason for this is the money wants to make money and to do this BTC needs to fall before some big buys go in.

look at BTC-E realy small amounts of BTC being traded for quite big swings

We will NEVER go below five sevent......ahhhhhh...

When will people learn about this kind of threads?  ;D

That is huge speculation. In bitcoin world we never know what will happen tomorrow :D .
But i think btc going to 600$ staying there for a bit. Should not go under 500$ soon . Maybe if some other exchange decide to take mtgox route :D

ADHD seems rampant among bitcoin traders.. This thread just confirms it even more.

Once upon a time, just a few days ago.....

.....I would have been spitting venom at retard posters like you.

6 what ???

I am not happy until "gold-war"

Sub 450 is unlikely. Too much volume.

In 8-12 hrs we possibly will see sub 500 again.

Are we where we were in the last week (balancing on $500)? Or are we in a higher region? Before spitting negative/offensive comments, do you turn on your brain and try to understand the idea one wants to express?

Do you need a newbie like me to tell you that when BTC positions itself on a certain value, a $30-$40 fluctuation is perfectly normal before it moves to a higher or lower region?

Again, it is my idea that Btc is only going up from here. I can be right or wrong and you are entitled to your opinion that btc is plummeting and welcome to post it here, but I won't accept gratuitous offensive posts.

+1

a break of ~550 would create an air pocket to 500-505 or lower.  So for the bulls, the best scenario is to continue and extend rally to 630-660 and back down to 590-620.
But if we start to go down, be quick to short at 549.

The more people believe we are out of the woods (like OP), the higher probability we are going to retest 500s or even 450s.

Yes, that's a correlation that does not imply a causation, though.

Gox is not over yet.
I think we haven't seen the full effects of Gox yet, traders have attempted to factor in the news, but the general Bitcoin population is yet to come.

Rally from new money coming in to replace the lost coins
Rally as Gox is taken over.
Despair as Gox is declared bankrupt

etc.

Guess it would floating 500 to 650 range. expect around for 3 weeks. then see how it come...

As above, the thread title was very specific ;)

Anyways, I am leaning towards thinking $400 was not a bottom. Even if that is the case we may not see new lows soon, buying pressure is surprising, considering Mt Gox situation, imho.

$300~ bottom
then pump in March   ;D ;D ;D

Actually this sort of reminds me of last year around this time doubters panicking and the price dropping then the fun rally that starts it a month or two later  ;D

We are going to be around 450-550, for a while, unless we get very good news.

Seeing Coinbase at $490 the other day caused a frantic spastic drooling mad rush to buy.

I got a bunch, and so did several friends in that 30 minute window.  Good times.

-B-

If you had said "bitcoin is now at 600 and its daily average will not go below this" then people would be less able to give you crap over small movements.

Yea, I guess he is one of those people they call 'pigs' in the market vernacular.

Hugest price prediction fail

Right now, we are playing the  waiting,  until we have a valid confirmation of the Gox Question.

Until then, it will be from 450-550.  If gox comes back up, we might see 800+ within a month or two.  IF IT Doesn't, then flat 450 maybe to 380.00

The opposite is true. As soon as those criminals will have been definitely gone, the next wave up can start.

As someone who just deposited $2000 into an exchange, I'm trying to figure out what price I should buy Bitcoins at.  This fluctuation in price makes me nervous. Obviously I'm in this for the long haul, but buying at say $300 or up to $600 to $800 would have huge ramifications down the road if Bitcoin hits big numbers.

The more I read, the bigger my headache and indecision gets, LOL!

Do I wait or do I buy now? Well, in a few days when my money hits the exchange.

550 Its a good medium,  But right now the market is waiting to hear any real news from Gox.


We wont go under 450, if don't get news from them.

As predicted, we're (slowly) moving up. Bitcoin needs a few days to stabilize itself before moving to another price region, and the good news is we won't go back to that one ;)

OMG Really 1 billion... thats it im selling the house, the family, and living in a box so i will become a trillionare... thanks for the heads up !!! shift+1 !!!!!

It's in danger of going below $600 right now as we speak. $616 at bitstamp and going down.

I hope you are correct, but I doubt it.  Weekends are usually tough on BTC and right now the black hats seem to have a bead on a lot of exchanges and other BTC infrastructure sites.  Without some good news, BTC can easily crack 600 short term, though I'm still positive on the long term, I like that second market exchange idea they are working on.

Second Market is planning to put "hundreds of millions" into Bitcoin. That small amount will be play right into the bot traders.

The price of BTC always oriented in the past on the price to mine it. Because there were more miners, so they did not sell BTC with a loss. You can read that at the charts from 2011 and 2012. That fair price would be for end of june about $200 and end of december $400 (ask me per pm for my detailed calcs with a speculative factor of the difficulty, if you you want to share your calcs)
If you count buying new hardware for marketprice and getting a breakeven after one year (cyclus of hardware development; moores law etc) than i calculate about $650 rising every month about $50 in media over one year.

Nowadays there are alot more speculaters, which are driving the price up and down. And that what we see now.