pleaseexplain (OP)
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April 24, 2015, 01:02:33 AM |
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it took 37 days to go from 600 to 500 it took 75 days to go from 500 to 400 it took 38 days to go from 400 to 300 lets assume that the price at lower values means the oscillation of 75 will be twice as long ie 150 days 150 days since january 2 is about 1 june. so I am calling 1 June as the date we leave $200 that means of course we also break $100 about 7 august 2015 breaks every rule of maths/analysis but if you are felling nervous this will put you in a real spin. ![Kiss](https://bitcointalk.org/Smileys/default/kiss.gif) if you are sensibly holding while all this rides out then you can also sensibly disregard this post and leave it to the weak to run the price for a while ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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derpinheimer
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April 24, 2015, 01:44:53 AM |
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By the time a pattern has been detected, it's too late with bitcoin ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) It'd be interesting if it came true, but I wouldn't bet on it, at least not based on this.
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umairsaleem
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April 24, 2015, 01:51:16 AM |
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This sounds logical but yeah, probably we will continues to hit lower and lower target, because the situation is not that good than we think. Be careful if you're a Bitcoin holders.
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farting_shot
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April 24, 2015, 02:53:37 AM |
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We'll hit 100 real soon, no need to wait until June 1st.
Shorters are the real winners in bitcoinland, hodlers are losers. Sell your coins while you can.
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twister
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April 24, 2015, 03:37:47 AM |
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Nice pattern you observed there but I think it's just a coincidence. And it might happen that in next term (according to this pattern) it goes up. You never know.
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Wary
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April 24, 2015, 03:41:04 AM |
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so I am calling 1 June as the date we leave $200 that means of course we also break $100 about 7 august 2015
And 38 days later we'll break $0.
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Fairplay medal of dnaleor's trading simulator. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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asuryan180
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April 24, 2015, 03:45:50 AM |
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so I am calling 1 June as the date we leave $200 that means of course we also break $100 about 7 august 2015
And 38 days later we'll break $0. Yes and 75 days after that if we sell we have to pay the buyer ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) This maybe a good prediction but i will just right it of as fud because this is what i do lol This sounds logical but yeah, probably we will continues to hit lower and lower target, because the situation is not that good than we think. Be careful if you're a Bitcoin holders.
Very good advice! I am not sure it really matters now though does it, telling people to be careful when it was dropping from 800-900 would have been good timing but low 2's?
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pleaseexplain (OP)
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April 24, 2015, 04:12:02 AM Last edit: April 24, 2015, 01:10:53 PM by pleaseexplain |
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so I am calling 1 June as the date we leave $200 that means of course we also break $100 about 7 august 2015
And 38 days later we'll break $0. Yes and 75 days after that if we sell we have to pay the buyer ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) This maybe a good prediction but i will just right it of as fud because this is what i do lol This sounds logical but yeah, probably we will continues to hit lower and lower target, because the situation is not that good than we think. Be careful if you're a Bitcoin holders.
Very good advice! I am not sure it really matters now though does it, telling people to be careful when it was dropping from 800-900 would have been good timing but low 2's? not sure at what price it became apparent what mt gox had done to the price but at the 800 level it had to drop fast as it was all artificial. People knew that. Drops at 200 level however are harder to forecast as we may be closer to true levels such that they even exist yet for bit coin
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Amph
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April 24, 2015, 06:39:40 AM |
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i don't agree, your, are just speculation, and there is any logic in trading bitcoin, it's all about casuality, there too much emotions in trading too, all those prediction are usual or bullshit, or pure luck
i'm inclined to think that the price will stay around the current value or slightly better by 1 june
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randy8777
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April 24, 2015, 08:13:37 AM |
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This sounds logical but yeah, probably we will continues to hit lower and lower target, because the situation is not that good than we think. Be careful if you're a Bitcoin holders.
people who are holding, and i mean really holding for the long term , they are well aware of the possibility of bitcoin going lower. but the long term return is making everything worth it.
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WhatTheGox
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April 24, 2015, 08:32:43 AM |
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it took 37 days to go from 600 to 500 it took 75 days to go from 500 to 400 it took 38 days to go from 400 to 300 lets assume that the price at lower values means the oscillation of 75 will be twice as long ie 150 days 150 days since january 2 is about 1 june. so I am calling 1 June as the date we leave $200 that means of course we also break $100 about 7 august 2015 breaks every rule of maths/analysis but if you are felling nervous this will put you in a real spin. ![Kiss](https://bitcointalk.org/Smileys/default/kiss.gif) if you are sensibly holding while all this rides out then you can also sensibly disregard this post and leave it to the weak to run the price for a while ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Yeah i dont think its a legit pattern to box the price in $100 chunks like that. Id be shocked that we are below $200 in june, even if we drop before i think we'll be back up above $300 by then.
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kwukduck
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April 24, 2015, 10:11:17 AM |
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We will be under $100 way before 1st of July.. Pressure is building up really strong.. upcoming crash is going to be devastating.
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14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
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minerpumpkin
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April 24, 2015, 11:20:19 AM |
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I know this is just the speculation forum, and I do encourage posts like these, but there's effectively no justified TA behind those predictions. Yeah, they are simplified patterns, but nothing more, really. You always have to factor in that there will be an incredible demand as we're approaching levels below $220.
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I should have gotten into Bitcoin back in 1992...
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1Referee
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April 24, 2015, 01:11:59 PM |
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We will be under $100 way before 1st of July.. Pressure is building up really strong.. upcoming crash is going to be devastating.
You wrote this before or after being heavily intoxicated? It doesn't make sense for the price the to sub $100 and you know that.
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minerpumpkin
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April 24, 2015, 05:20:24 PM |
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We will be under $100 way before 1st of July.. Pressure is building up really strong.. upcoming crash is going to be devastating.
You wrote this before or after being heavily intoxicated? It doesn't make sense for the price the to sub $100 and you know that. I believe he is strongly attacking Bitcoin over the last weeks of months. It's an uncommon sight to see a Legendary member to posts stuff like this, but who knows what has happened. For all we know he may have lost his coins or sold them in 2011. :/
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I should have gotten into Bitcoin back in 1992...
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Omikifuse
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April 24, 2015, 05:22:23 PM |
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by your rule price will be negative somewhere this year ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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srgkrgkj
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April 24, 2015, 05:24:07 PM |
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by your rule price will be negative somewhere this year ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) lol OP didnt consider volatility when making his prediction, there are many news events which may see prices go too the moon this year if they are successfull ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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inca
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April 24, 2015, 06:18:59 PM |
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We will be under $100 way before 1st of July.. Pressure is building up really strong.. upcoming crash is going to be devastating.
Riiiight. Isn't it time for another Kwukduck failed doomer prediction thread?
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1Referee
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April 24, 2015, 08:19:39 PM |
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We will be under $100 way before 1st of July.. Pressure is building up really strong.. upcoming crash is going to be devastating.
You wrote this before or after being heavily intoxicated? It doesn't make sense for the price the to sub $100 and you know that. I believe he is strongly attacking Bitcoin over the last weeks of months. It's an uncommon sight to see a Legendary member to posts stuff like this, but who knows what has happened. For all we know he may have lost his coins or sold them in 2011. :/ I guess we will never know what his purpose exactly is. But some people are willing to go extremely far into making people believe Bitcoin will fail or lose nearly all its value. I know there are plenty of bears active in the speculation section, but not many are this desperate as kwukduck.
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gentlemand
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Welt Am Draht
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April 24, 2015, 08:29:40 PM |
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What is the OP doing wasting time here posting when he/she could be selling everything to short into oblivion? It's already in the bag - https://www.youtube.com/watch?v=Sqwd_u6HkMo
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