Double digits in 2015?

[ElectricMucus]

According to the alltime EW chart we would either be at wave A, ending with double digits or the beginning of wave 5 going up uP UP.

[NotHatinJustTrollin]

[oda.krell]

According to the alltime EW chart we would either be at wave A, ending with double digits or the beginning of wave 5 going up uP UP.

So you're saying that price could go drastically up, or go down a lot... tellmemoreaboutit.gif

Seriously though, I think that's more or less what part of the EW crowd thinks, for example luc, unless I'm mistaken.

Also: avatars re-enabled? I thought I remembered you had a different one.

[Dalmar]

Probably.

[Amph]

no, but i'm starting to think that 250 is not the bottom but is the top...

we may fall to sub 200, but double digit is very unlikely, because it should trigger casual buyers to enter the market

[coinableS]

Anythign is possible with bitcoin. If we see double digits, I'm buying a fistful of coins.

[pattu1]

According to the alltime EW chart we would either be at wave A, ending with double digits or the beginning of wave 5 going up uP UP.

Double digits?
There will be a lot of people willing to jump in once Bitcoin goes below $200.  

[fast2fix]

According to the alltime EW chart we would either be at wave A, ending with double digits or the beginning of wave 5 going up uP UP.

Double digits?
There will be a lot of people willing to jump in once Bitcoin goes below $200.  

i will be one of them lol i missed to buy last time when it fell below $200. no we will not see bitcoin in double digits.

[tokeweed]

This is going sideways...

[ensurance982]

I think the chances are about 20% of that happening at this point. Back in 2012 people were also waiting for sub $2 coins. Never happened. Bears can only go so far with their shorting!

[damiano]

Double digits is possible, but it's difficult to know without knowing how much ammo this bear whale has.  If it's done right we could potentially hit double digits, but that would be with the assistance of the stop losses kicking in.  I'm thinking 133-166 is the range it would most likely fall to.  This whale is so close in triggering the first set of major stop losses which I feel are in the 215-225 range.

[1Referee]

Just no. But if it happens anyway, I will gladly buy in as never before. At this point double digits is more a fantasy for some people.

[oda.krell]

Double digits is possible, but it's difficult to know without knowing how much ammo this bear whale has.  If it's done right we could potentially hit double digits, but that would be with the assistance of the stop losses kicking in.  I'm thinking 133-166 is the range it would most likely fall to.  This whale is so close in triggering the first set of major stop losses which I feel are in the 215-225 range.

Just out of curiosity, does every market that goes through a long-ish bull or bear market have a unique individual that is personally responsible for that market condition? For example, is there a "gold whale"?

There could even be a whale who's personally responsible for several different markets at once, no? Jesus, maybe?

[silkbazar]

Double digits is possible, but it's difficult to know without knowing how much ammo this bear whale has.  If it's done right we could potentially hit double digits, but that would be with the assistance of the stop losses kicking in.  I'm thinking 133-166 is the range it would most likely fall to.  This whale is so close in triggering the first set of major stop losses which I feel are in the 215-225 range.

Just out of curiosity, does every market that goes through a long-ish bull or bear market have a unique individual that is personally responsible for that market condition? For example, is there a "gold whale"?

There could even be a whale who's personally responsible for several different markets at once, no? Jesus, maybe?

1.  BTC980,000*. Satoshi Nakamoto

2.  BTC400,000*. HD Moore (AHA)

3.  BTC400,000*. Dustin D. Trammell (AHA)

4.  BTC400,000*. Tod Beardsley (AHA)

5.  BTC350,000*. "Dread Pirate Roberts" a.k.a. "DPR"

6.  BTC300,000.  Roger Ver

7.  BTC300,000*. "knightmb"

8.  BTC200,000. Mark Karpeles

8.5  BTC182,592. "Loaded"

9.  BTC174,000*. FBI (Federal Bureau of Investigation, USA)

10.  BTC119,000. AsicMiner Management Team of 3 (names?)

11.  BTC110,000. Cameron and Tyler Winklevoss

12.  BTC100,000. "klaus"

13.  BTC100,000. "mezzomix"

14.  BTC75,000. "artforz"

15.  BTC70,000. Erik Voorhees

17.  BTC30,000. "nakowa"

18.  BTC30,000. Mircea Popescu

19.  BTC30,000. "Goat"

20.  BTC25,000. Chamath Palihapitiya

21.  BTC25,000. Gavin Andresen

22.  BTC20,000. Max Keiser

23.  BTC20,000. "Theymos"

24.  BTC1000,000. Uncountable hackers and stealers

[manselr]

It could go both ways after this month, according to some indicators, but this is all mental masturbation anyway, what matters is the price in 2025, and that is going to be a lot higher than it is now, anyone with basic knowledge about how to read the world will know this fact already.

[ajareselde]

Ok, so the frenzy regarding bitcoin and its usages is blurring away, price is ping-ponging and people are stressed, i get that, but i dont understand why
set such low ground point, since not everything is dark, we have the spread, were starting to get some regulations..
I can see <200 happening for a period of months, but double digits, i highly doubt it, even tho i cant say its impossible.

cheers

[Somekindabitcoin]

I think it may be possible, but mostly as a flash crash rather than staying down there or if one of those winners of the Marshall auctions decides to dump their coins.

[RyNinDaCleM]

According to the alltime EW chart we would either be at wave A, ending with double digits or the beginning of wave 5 going up uP UP.

Double digits?
There will be a lot of people willing to jump in once Bitcoin goes below $200.  

Same was said at numerous points over the last year. The first time breaking a psychological barrier, it is bought up quickly, but the 2nd or third time, especially if it is driven down very deep into that next range, makes it harder, less likely and more risky to happen.

Double digits is possible, but it's difficult to know without knowing how much ammo this bear whale has.  If it's done right we could potentially hit double digits, but that would be with the assistance of the stop losses kicking in.  I'm thinking 133-166 is the range it would most likely fall to.  This whale is so close in triggering the first set of major stop losses which I feel are in the 215-225 range.

Just out of curiosity, does every market that goes through a long-ish bull or bear market have a unique individual that is personally responsible for that market condition? For example, is there a "gold whale"?

There could even be a whale who's personally responsible for several different markets at once, no? Jesus, maybe?

Lol, good point! There could be a whole network of bears that are responsible?! Maybe the overall market sentiment plays a role in this. Weird...

[tokeweed]

This is going sideways...

[randy8777]

I think it may be possible, but mostly as a flash crash rather than staying down there or if one of those winners of the Marshall auctions decides to dump their coins.

it wouldn't make sense for the auction winners to dump it below $100 as it is certain that they didn't buy it to lose money. flash crash to double digits is possible if there is really bad news. something like a large exchange closes because hacker/thief stole their cold wallet coins.