oscillating pattern says we leave $200 1 june

[pleaseexplain]

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.  

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

[derpinheimer]

By the time a pattern has been detected, it's too late with bitcoin

It'd be interesting if it came true, but I wouldn't bet on it, at least not based on this.

[umairsaleem]

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.

[farting_shot]

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.

[twister]

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.

[Wary]

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.

[asuryan180]

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  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?

[pleaseexplain]

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   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


 

[Amph]

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

[randy8777]

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.

[WhatTheGox]

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.  

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

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.

[kwukduck]

We will be under $100 way before 1st of July..
Pressure is building up really strong.. upcoming crash is going to be devastating.

[minerpumpkin]

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.

[1Referee]

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.

[minerpumpkin]

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. :/

[Omikifuse]

by your rule price will be negative somewhere this year

[srgkrgkj]

by your rule price will be negative somewhere this year

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

[inca]

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?

[1Referee]

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.

[gentlemand]

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