It will take a few days to confirm the upward break but I'm confident it's a sure thing.

If you look at bitcoin as a five to ten year investment you can make quite some profit or loss. Thats why its an investment.

Imagine someone buying at <$1 and buying a pizza....

Yes the days when you were yet to be born or living under a rock. Grab a book and read up on computer history.

Here are some pointers:

- Alan Turing (The father of computers) was ridculed and put under unbearable scrutiny because of his "machines".
- Steve Wozniac: Wozniak's "personal computer" was harshly received by HP. The company simply didn't understand why any ordinary person would need a computer with that particular form and functionality. It was  just a hobbyist product to them. HP was apparently so insistent on the uselessness of such a device that they rejected Wozniak five times!
- IBM President: "I think there is a worldwide market for maybe five computers.". Due to his fathers death he could force the company into the computer business.
- Ken Olson (DEC): "There is no reason for any individual to have a computer in his home."
- Pablo Picasso: "Computers are useless. They can only give you answers."

etc.
etc.

Nobody is great at TA (only about 5 people in this forum are worth listening to and I'm not one).

Plus points...
- We have had a long bear market.
- 1week logarithmic EMA has been positive for a long time.
- Optimism in the forums.
- Block halving on it's way
- No banning as far as I know
- Bitcoin is being recognized, taxed and adopted.

Negative points...
- More terrorism and Bitcoin is enabling them (could be a positive price driver but I hate terrorists)
- Price of bitcoin is high and people need to change their mindset to owning part of a coin
- Serious money needed to push price


My conclusion would be that we will get a good rise in the oncoming weeks.
Previous bubbles have been 30 days of mega rising.
There will be a bubble, I think we might hit just above the previous ATH before people get scared and stuff.

This is my pull-out-of-ass TA  

Satuday <-- what day is that 

At one magnitude a year your .00000001BTC=$.000003 will turn into $3,000,000,000,000,000,000,000

So yes you will become a $3000-billion-billionair give or take 

This reminds me of an invention called "the Computer" which was laughed at in the olden days....

I agree we will see a sudden drop before going sky high. This will screw over the weak hands. Why because it always seems to happen.

I'm waiting for the +1.87 high to get broken 

Only as a long term investment. Need the money don't buy.

I actually laughed cos of this comment 

If you know it is going down you can still make money by going short...

Yep

and a billion would be worth nothing

Don't underestimate greed. A bubble will happen again....

And then the inevitable happens... the price rises .... and mining becomes profitable again.

That's how the cookie crumbles!!!

Which year?

Yes the price cannot be predicted otherwise we would all be billionaires and a billion would be worth nothing .

TA can be done to determine the general direction of the market, it's no more than an educated guess that will give you a few percent better chances.

News is most likely not the main driver of increasing prices. First of all bitcoin news happens after something happens with bitcoin not before. So news will only act as an accelerator.

At $0.00001 I will buy all coins ;-)

The TA isn't that good imo but the message is clear.

As I see it we have some good indicators
1. Very long bear period that must end someday.
2. 1w log chart has an EMA that clearly gives a bull signal and has held for >1 week.
3. Optimism in the media and forums
4. >5 year Existance of the currency
5. Halving coming
6. More infrastructure and investors
Etc.

Buy your bitcoins while they are cheap!!!!!

Yes 21 club is achievable and 210 club is a risky investment for rich people.

I also believe that the 2.1 club should be mentioned.
Or the >1BTC club.

The days of mining a few blocks before lunch are over