Bitcoin Forum

This is getting ridiculous

Nov-18 : Bitcoin Price Rally Resumes
https://www.cryptocoinsnews.com/bitcoin-price-rally-resumes/

Nov-20: Is the Bitcoin Price Crashing Again?
https://www.cryptocoinsnews.com/bitcoin-price-crashing/

Why try so hard to predict something which can't be predicted?
Reminds me of weather forecasts.
http://jacksmumontherun.files.wordpress.com/2012/04/weathercartoon.jpg

Someone described events like the auction announcement as "black swan events" that nobody could predict and that have a massive effect on the market. Perhaps the price would have continued to rally if not for the auction announcement.

Everyone expected that to happen after the last auction, but the opposite happened, bitcoin rallied.

I dont know if I would call it a failed rally yet!  We are still in a trend with lower lows since the capitulation in early October.  I think price has held us pretty well considering the feds are auctioning off twice as much as they did last time.

Also, I think it'll pretty much be a non event because the results are kept private like last time.

The one thing that I keep going back to and keeps me positive is all of the VC money going into Bitcoin.  Lately especially, $60 million here, $10 million there. 

FOLLOW THE SMART MONEY!!! IT WILL PAY OFF

Guys like Eric Schmidt, Reed Hoffman, Peter Thiel, Jerry Yang.  Watch where they are putting their money.  Not the morons on this board who have nothing better to do with their time!!!

Sub 250 by Christmas. Sub 100 by summer 2015. Sub 50 by 2016. Sub 20 by 2017.

I don't know why but I'm still feeling like we might get out of this rut before month end. At the same time feels like a super long shot, I'm not comfortable enough to take any positions long or short right now.

again, who would you rather follow? Eric Schmidt?Jerry Yang? Richard Branson? Reid Hoffman? Or an internet troll who has nothing better to do then sit at his computer writing negative comments on bitcointalk?

you decide.

Where are those green dildos  >:(

Cryptocoinsnews makes their predictions after the price went up or down.

If the price goes up, you'll see them saying "We might see an uptrend from here"

And when the price goes down, you'll see them saying "We expect a downtrend from here"

They adjust every time the price goes up or down, how can some one take them serious now :D

The price dropped then went back up just before the last auction. Perhaps history will repeat itself before month end.

I thought we will atleast go to 700$ before falling a bit. But we lost all we gained in this last rally :(

Still in big down trend. Unless the fundamental changes, it will keep going down until mining operation drain the price down to unsustainable level.

every time i see an article from cryptocoinnews it comes off as sensationalist trash... 

Because it's fun for some people who don't have anything better to do? Speculation will always be speculation as it is made by those who are biased with their own interests and based off nothing but either wishful thinking or trolling/fud. And at least weather forecasts are at least based on some science and data at least.

Down while the market plays the price downward
Then the person who makes the bid in the auction gets even more of a discount
Using that savings initiates the extra into a price rally
Good old speculation

Bitcoin price, up or down or sideways!  ::)

Let me have a look at what the bones say...

http://media-cache-ak0.pinimg.com/236x/51/e6/0e/51e60e33b589bc70687c4218863f5cb4.jpg

But wait, you were calling for 50-100k earlier this year. What happened!

When Bitcoin will be widely used, the value should be more stable. It has been between 400-700$ most of 2014 so it was kind of stable

If I did, I changed my mind. Some people do that, even if it's impossible to believe for a bitcoin cultist.

Why would you bother posting in a Bitcoin forum if you think Bitcoin will disappear? You still like it but think the price will fall?

+1

If anyone really believed bitcoin would be sub 20 by 2017 they would sell now and have nothing more to do with it.

i think there are some people who buying btc when price low & selling when price up that's why.......

You always have people who buy cheap and sell high.

For price this is stable for now but for how long this is another question.
We will see on this holidays time.

Yea price between 400-700$ is stable but for who. You, me, someone else NO.
They want do drop it bellow 300$ to buy it then pump it to 700$ to sell it.

Then buy it at 320 and sell it at 680 ;)


Kind of stable but there are still big variations.

It will UP this december  8) , down period is over .
Now its the time for bitcoin rise again , i know maybe i was too excited but we all have the same hope right ?  ;D

Lets hope you are right but i dont think so.
Not in this year at least next will be hell on earth.

You always have someone who will buy cheap and sell high.
Thats life after all.

You have someone that will want to buy cheap and sell high but will miss a huge rally or buy high and sell low  :)

Honestly this bitcoin market is so unpredictable that everything is possible. I bought like crazy at 400 because I thought it was the bottom, everyone said it was... well here we are now

When you hear people just thinking it is the bottom because they feel it, it shouldn't be considered as a valuable advice or even a valuable information.

Today a BTC is 370$. Tomorrow it should be more or less the same. In a week +/-10%. In a month +/-30% and in a year it should be higher because Bitcoin is great and fiat not backed up by Gold is bad.

Dont worry you will have you money back with huge interest.
Dont be just inpatient and thinks would be fine.

With current price there is definitely will be price rise.

Will it be end of this year or next or even 2016.

i guess the price going up before 2015, bitcoin strong in price 350 now..

It's definitely down compared to the beginning of the year and I hope it stays steady for the rest of the year. that will tell a lot about it's stability.

If the price goes up big in 2017 it is good enough :) I would obviously prefer to see the price going up sooner.


This year the price has been alternating between a stable stage for a few weeks followed by an unstable stage for a few weeks.