can someone translate the russian and post here ,so all we can get to know the news soon.
"Well, after the breakdown of the level of $ 3500 on weeks - I do not see any resistance to the level of $ 15,000" of the previous all time high shows significant resistance at $7079. I would compare this rally more to the one from April 2013. And this one significantly overshooted the 6.854 fib level compared to the previous rally (which went from 5 to 15$ in 2012). According to masterluc, the rally after this one, which presumably tops at 40-110k, would then correspond to the November 2013 rally. Then afterwards the bearmarket if I am not mistaken. |
|
|
|
This was an impressive shakeout. Reminds me of the one in the week of 18th Nov 2013, it crashed down from a top of 800 to 450, everyone was like: "That's it, it's over guys, bubble has popped." Then it slowly resumed the climb, at some point the sellers had to buy back in, and this baby went from 450 to 1200  A similar scenario might be unfolding right now. I think this rally is not over yet. |
|
|
|
Done !  Go tips, go ! By the way, I still am convinced that Tips will be one of the alts that will brilliantly shine during the upcoming bitcoin rally. It will shine like a sparkling white light, stabbing forth like a radiant white flame amidst the darkness and despair that are the regular pump&dump coins out there.  |
|
|
|
After 6 months, many dramas, lots of name calling, people losing money, several attacks on the network, pools and websites ddosed, members ripping each other off, a record amount of trolling, and new friends and enemys made....
75% of the coins have now been mined.
time to start hording, for the big rise!! dump your scamcoins and invest in LOT!!!
Soon we will be back to 70 sat Good to hear that the coin isn't dead yet 75% of coins mined sounds good. I'll keep my LOTs, never going to sell them. Such a cheap coin, in the upcoming bitcoin rally, LOT could see HUGE increases !!! Interesting times ahead for LOT and alts in general. |
|
|
|
I could call Last 6 days a flat water.
Average Trade volume within that period seems to be similar to May1-May19.
I have a feeling we should be making leg up to 800 soon.
But who could tell when the storm begins?
Yes. And I can't emphasize enough how much that feels like September 2013, when we had to endure weeks and weeks of low price action and volume seemed to fade off into the depths of nothingness. Yet, out of nowhere, a sudden burst of green showed up in mid October, the volume ever increasing. When this will happen is hard to know. We could go sideways for another month in the worst case, or a few more days in the best. Yet the leg to 800 will surely come at some point.
Maybe we should bust SR2? Indeed. When I saw the recovery, I became very bullish. In those days, bitcoin was not really mainstream yet. Anything could happen. People thought that SR was needed to create a large demand for BTC. In 24-48 hours BTC was back to the previous level! I immedialty told everyone to BUY BUY BUY at that moment  edit: I miss the feeling of the start of a rally  The start of a rally is more fun than the rally itself, in my opinion... Those theys were so exciting I think even more exciting days are to come, Dnaleor. As bitcoin gets more and more mainstream, things will happen that many did not anticipate, wonderful new applications and uses of bitcoin that we now still cannot imagine. I'm really looking forward to the future! |
|
|
|
Now that the trolls come out of their hiding again ( I really did enjoy the short period of calmness without these assh**es posting their regular s**t in this subforum (looking at you Jorge, Fonzi, etc), sorry for the drastic words ) I want to kindly remind you of what happened in 2013:  Notice the similarities starting from the July bottom back then to the maximum in early September. Perfect retracement to the first Fibo support level at 115, then a stabilization at around 120-125, then sideways action for a few weeks. We now might be seeing the same here. Testing suppor at the first Fibo Level, slightly over 600, then recovering to 620-640, then a few weeks of sideways action. I don't think a flashcrash like the SR closure in early October 2013 will happen this time. And then in early July, the real rally will probably start. |
|
|
|
My thoughts on what will happen during the coming weeks: Notice the similarities to the 2013 recovery - absolutely mindboggling! We might retest the first Fibo Level at slightly over 600, then a few weeks of boredom, and then lift-off in early July. It might play out another way, but history tends to repeat itself, so I'd put the chances of that happening, slightly above other scenarios. |
|
|
|
This chart shows that the double bottom turns to an uptrend that will take us to the price level prevalent before the first flashcrash (in 2014's case 650, prior to dipping to 400 in 2014-2-25). This will happen slowly but steadily during 7 weeks. TL; DR: We are at 650 in the beginning of July, 2014. Looks like we are right on target for that. I think we'll stay flat at this level and then in the beginning of July, things will start to heat up suddenly. Beginning of July we very well might still be in this price range, end of July: higher than the old ATH. Yes, you heard me right  |
|
|
|
I could call Last 6 days a flat water.
Average Trade volume within that period seems to be similar to May1-May19.
I have a feeling we should be making leg up to 800 soon.
But who could tell when the storm begins?
Yes. And I can't emphasize enough how much that feels like September 2013, when we had to endure weeks and weeks of low price action and volume seemed to fade off into the depths of nothingness. Yet, out of nowhere, a sudden burst of green showed up in mid October, the volume ever increasing. When this will happen is hard to know. We could go sideways for another month in the worst case, or a few more days in the best. Yet the leg to 800 will surely come at some point. Isn't this primarily the work of the willy bot? Is there any indication that this will happen naturally in the near future? You almost make it sound like you think that other markets are not manipulated - like there actually is such a thing as a natural and pure market somewhere. Yes. And don't forget two things: 1. The willy bot might have very well been a bot for large players, to aquire large masses of BTC, having some special 0% fee agreement with Mt Gox. 2. Or other willy-type bots might very well be active right now, or start aquiring large masses of BTC in the near future. |
|
|
|
I could call Last 6 days a flat water.
Average Trade volume within that period seems to be similar to May1-May19.
I have a feeling we should be making leg up to 800 soon.
But who could tell when the storm begins?
Yes. And I can't emphasize enough how much that feels like September 2013, when we had to endure weeks and weeks of low price action and volume seemed to fade off into the depths of nothingness. Yet, out of nowhere, a sudden burst of green showed up in mid October, the volume ever increasing. When this will happen is hard to know. We could go sideways for another month in the worst case, or a few more days in the best. Yet the leg to 800 will surely come at some point. how can you be confident it will not retest the lows of mid May of $450? Last 7 days seem to be gradually inching downwards. I'm not a TA expert, just started to interpret and read about few weeks ago, but from my point of view, I have few arguments: 1.If there were a retest, it most probably would have started on first days of June. 2.We are about -0,39 from S.Reeds trendline. 3.Within 6 day period (2 hour chart) highest candles are still green 4.And the Selling is Caused by week hands and none of the strong ones wants to Donate their coins;) This. All the indicators basically are very similar to the situation in Sep 2013. |
|
|
|
I could call Last 6 days a flat water.
Average Trade volume within that period seems to be similar to May1-May19.
I have a feeling we should be making leg up to 800 soon.
But who could tell when the storm begins?
Yes. And I can't emphasize enough how much that feels like September 2013, when we had to endure weeks and weeks of low price action and volume seemed to fade off into the depths of nothingness. Yet, out of nowhere, a sudden burst of green showed up in mid October, the volume ever increasing. When this will happen is hard to know. We could go sideways for another month in the worst case, or a few more days in the best. Yet the leg to 800 will surely come at some point. |
|
|
|
After that, we could see a short rally above 1000 USD followed by a small crash towards 950 USD or something (just below 1000 USD). (compare to the rally 130 -> 206 and crash towards 156 USD). After that crash, we are ready to rally again towards 3000, 4000, 5000 who knows? 206 to 156 is 25% not 5% I think we are at this step right now, last of weak hands are gonna sell soon, we dip below 500, then off too 2000-2500. And that is a very conservative estimate. 0.4 units above the log trendline, as was the case during the last bubbles, would put us at least at 4000 right now, maybe more like 5000. But of course, every bubble is different. Still, 2000-2500 feels pretty low. |
|
|
|
It looks like history does like to repeat itself again.
Feels a lot like September 2013. Back then, we had a stable 120 for 5-6 weeks and then lift-off.
It could very well be, that we'll have the same at 650. Stable for another 4 weeks, and then lift-off towards new highs.
Ok, we'd be a bit too late for the ATH, a month or so, but then again the deflation of this bubble took longer, which explains the delay.
I think the breakout will come suddenly and violently, none expecting it, same as last year. Then we'll move pretty fast upwards, 2 months later being at the 4-6$/mBTC range.
I think we need to compare the current price range (640-660) with the 95 USD range back then. We will probably see a new rally with a conslidation around 800 USD (which will compare to the 120-130 USD in september). After that, we could see a short rally above 1000 USD followed by a small crash towards 950 USD or something (just below 1000 USD). (compare to the rally 130 -> 206 and crash towards 156 USD). After that crash, we are ready to rally again towards 3000, 4000, 5000 who knows? A consolidation at 800 sure would be nice. The higher the launchpad, the higher the rocket will go Your prediction makes also sense. It will be interesting either way |
|
|
|
|
It looks like history does like to repeat itself again.
Feels a lot like September 2013. Back then, we had a stable 120 for 5-6 weeks and then lift-off.
It could very well be, that we'll have the same at 650. Stable for another 4 weeks, and then lift-off towards new highs.
Ok, we'd be a bit too late for the ATH, a month or so, but then again the deflation of this bubble took longer, which explains the delay.
I think the breakout will come suddenly and violently, none expecting it, same as last year. Then we'll move pretty fast upwards, 2 months later being at the 4-6$/mBTC range.
|
|
|
|
Thanks Fargusson for already posting the link here! Guys, please go and read the reddit post about creating a forum dedicated for FedoraCoin, the idea is to have a dedicated space with much more structure than we have here or on reddit, so you can create your own subjects and projects and we as a community would be able to collaborate in parallel manner on whatever we might want to do with FedoraCoin (new business ideas, marketing strategies, creating videos etc). This would make it so much easier to innovate and collaborate than the current wall posts we have, what we have here on bctalk is good for following news and general talk, but having the forum in addition would allow us to have focus on specific topics and projects, to filter out the noise and focus on whatever is of special interest to each member. If this reddit post gets 25 score points then icanprogram agreed to help make it happen! So if you like the idea please vote it up here: We need a FedoraCoin forum urgently!Great ideah, id10tothe9. As I already posted on reddit, I totally agree that a dedicated forum is really important, for the same reasons you listed already. A good organization is key to success, and this is intrinsically offered by a dedicated forum, where you can arrange development ideas and topics, so that they can easily be found and stored. |
|
|
|
CEO of Ebay says : " at PayPal, we’re going to have to integrate digital currencies into our wallet"
I think that's a pretty bullish comment.
I would even go as far as to say that this is ULTRA BULLISH !!!! CCMF !!!!!!1 |
|
|
|
|
A small correction had to be. Actually I'm impressed that it only dropped to the first Fibo support level. It indeed looks like further
retracement will be met with fierce bullishness.
I think we'll hold that support at 620-630 and go sideways a bit, then the climb towards 700+ will be resumed.
|
|
|
|
This is getting ridiculous. This whale puts up one ask wall after another, hehe. And they get bigger every time |
|
|
|
i had originally planned to sell at the 630-640 level, expecting a similar correction to what you have laid out. however, in watching the pattern formed by the 595 top last night, i think we may have topped already short term and will see this correction happen first.
yeah, it seems now that we are again trending down... This small correction, is not worth it, for me, to take risk. I have too little coins to sell... The first Fibo support at 560 seems quite impressive, so I'm not too sure that we're trending down again. I think a few days of sideways movement at or slightly above 560, then another push for 595, this time breaking through it with ease and pushing for 650. |
|
|
|
Litecoin seems to be firmly uncoupled from bitcoin now (if that's not an oxymoron). Doge also falling. Dark days ahead for both?
Do you not remember way way way way way way back 6 months ago, back when it was the year 2013, long long ago, when LTC was .007 btc? 1/3 of what it is now? Probably not, that was a long time ago. Sorry, not sure I follow your point. It's been uncoupled before and survived/caught up just fine, so the same could happen again? Another fair point, though the landscape is VERY different now. Darkcoin will never get the mainstream adoption of BTC/LTC this is all about new coin vitality that you are enjoying now ...if and when it comes on teh radar of any government/political/banking sector it will be firmly stomped on teh head Enjoy your kiddie fanatsy of smoking cigarettes down the back of the bus Darkcoin coolness... i.e creating a coin that by design is made to launder money & buy drugs is really going to go down well with society & the infrastructural systems that you will need to connect with Also welcome to teh world of anybody who has/uses DRK are now targets for law enforcement types DARKCOINS future look really bright to me ...lolz Never owned a single DRK, never plan to. It was an example - an apt one, given that it currently has #3 market cap. Agreed, DRK is just another regular hype. What makes a coin succeed is the infrastructure surrounding it. Even though privacy may be a factor, no one actually uses darkcoin, or will use it. Merchants aren't going to accept darkcoin. Litecoin on the other hand, though it may not be technologically different from bitcoin, has a huge network and infrastructure compared to the other alts. LTC will be still number 2 when Darkcoin is rotting in the altcoin graveyard where all the other so-called LTC successors are rotting now, Auroracoin, etc. I predict that LTC, together with the older, more establshed alts, will see a huge price surge in this bubble, BTC-ratio wise. The older, the more established a coin, the better. Network and infrastructure are the key words here imho. |
|
|
|
|
Show Posts
