Bitcoin goes to 1200-1300 (within a month?)

[pooya87]

as we are getting closer and close to the end of the month, this thread is attracting more and more trolls

[Cconvert2G36]

as we are getting closer and close to the end of the month, this thread is attracting more and more trolls

Why wouldn't it? It's becoming painfully obvious (as if it wasn't from the outset) that the OP's prediction was a plea for help.

[titulng]

today is 23. July, but the price is only less than $300

[guy_wonderful]

1 week to go, OP is only $920 off on his prediction

T.A. is bullshit, and OP is a faggot

Just another moron who can barely speak english like 99% of posters on this forum who are here to:

1. Get their $2 in bitcoin a week from their signature campaign, shitting up the board with ads from scamming companies.

2. Make attention whoring posts like "Bitcoin going to 1200-1300 in a month because of a bullshit graph or because I said so"

Usually both.

Theymos is a massive faggot, and this forum being filled with broken-english speaking retards and non-stop signature ads combined with the circlejerk bitcoin reddit is seriously holding bitcoin back.

I am for sexual orientation equality   dick  
By the way, month is not over.

[Natalia_AnatolioPAMM]

today is 23. July, but the price is only less than $300

and it's so unlikely that it will go higher..

[Somekindabitcoin]

today is 23. July, but the price is only less than $300

and it's so unlikely that it will go higher..

Yes that's it.. but I'm sure that if we hold our BTC for a very long time we will make some good money!
But it won't be in these months, nothing is that fast...

[clipman77]

Such prices would not have had, it is not necessary to believe in it too.

[lyth0s]

http://www.advisorperspectives.com/dshort/updates/NYSE-Margin-Debt-and-the-SPX.php

You've been helpful in the past and I thank you for that, would you mind explaining this in a bit easier way to understand the significance of.

More specifically this chart:

[vtr99]

http://www.advisorperspectives.com/dshort/updates/NYSE-Margin-Debt-and-the-SPX.php

You've been helpful in the past and I thank you for that, would you mind explaining this in a bit easier way to understand the significance of.

More specifically this chart:

Well first of all you are looking at an inverted chart of the S&P 500.

I think this one is more useful.

http://www.advisorperspectives.com/dshort/charts/markets/nyse-margin-debt.html?NYSE-investor-credit-SPX-since-1980.gif

But both charts show how much debt has been propping up the market just before the big downturns. As margin debt reaches a peak, so does the market.  The pattern seems quite predictable. The larger the unsustainable debt, the larger the resulting crash. Or at least that's what the charts seem to indicate. In this case we are looking at nearly double the previous margin debt record. And I think it's safe to say we have a fraction of the fundamentals that powered the last two bull markets. As you can see, the size of the peak tends to predict the depth of the following bear market.

I don't base predictions strictly on charts, because there are tons of factors involved in the direction of financial markets, and economies. If everything looked good, there is no reason why this up trend shouldn't continue for a long time and even reach a sustainable level. But in this case there is massive evidence that says we are in far worse shape than when either of the previous big market disasters occurred.

In this case, and in my opinion, the odds don't look good for a continued rally in stocks.

[yefi]

Just another moron who can barely speak english like 99% of posters on this forum

this forum being filled with broken-english speaking retards

You do realise the English language comprises more words than faggot, retard, bullshit, asshole, cock and suck, I assume? Perhaps you might like to pick up Dr. Johnson's magnum opus and familiarise yourself with some of these other fine words, like chauvinistic, rancorous and knucklehead.

[lorylore]

I would consider a huge UP if the bitcoin price would increase 10% of your speculation(prediction) which means around 120$ - 130$
within a month, which is pretty good

[Somekindabitcoin]

I would consider a huge UP if the bitcoin price would increase 10% of your speculation(prediction) which means around 120$ - 130$
within a month, which is pretty good

Yes, it's really good, but we want a stable price around $1000, I would be really satisfied with this...

[trizma]

whats the update on this... is everything on track?

[Ziploc]

whats the update on this... is everything on track?

everything is you just have to push back the timelime a bit

[unent]

whats the update on this... is everything on track?

The OP says the month is not over yet, which suggests he still thinks we will be at 1200-1300 within six days. If he's right the price will have to go up 900+ dollars in less than a week, and I don't think its ever gone up that fast before. The November 2013 pump was close, but did it go up that high that quickly?

.........

I am for sexual orientation equality   dick  
By the way, month is not over.

[yefi]

The OP says the month is not over yet, which suggests he still thinks we will be at 1200-1300 within six days. If he's right the price will have to go up 900+ dollars in less than a week, and I don't think its ever gone up that fast before. The November 2013 pump was close, but did it go up that high that quickly?

I believe you have to go all the way back to July 2010, when price rose 1000% from 0.8 cents to 8 cents in five days, for an increase of corresponding magnitude.<sup>[1][2][3]

[2]</sup> Post by Gavin stating rise from .8 to 1.4 cent on 12 July: https://bitcointalk.org/index.php?topic=249.msg2424#msg2424
^[3] First day trading at Gox, price 5.9 - 8.6 cent on 18 July: http://bitcoincharts.com/charts/mtgoxUSD#rg10zig2-hourzczsg2010-07-17zeg2010-07-18ztgSzm1g10zm2g25zv

[Afrikoin]

time to close this thread. All in favor?

[ssmc2]

time to close this thread. All in favor?

Is it August 1st?

Then no.   

[ask]

time to close this thread. All in favor?

Don't be so strict. Question for you:

Are you always having lunch at noon? I don't think so...

[BitChick]

time to close this thread. All in favor?

Don't be so strict. Question for you:

Are you always having lunch at noon? I don't think so...

Much can happen in one week.    

Granted, even I, the overly optimistic permabull, would be a little shocked to see $1200 by next weekend, but I would not say it "can't" happen.  

If all goes well we could go up to about $350 on Monday, $450 on Tuesday, everyone is surprised and it slows down a bit on Wednesday, or even dips down back to $400.  On Thursday more money gets into the exchanges and then quickly doubles in price to $800 in a single day.  By Friday we jump quickly to $900 and then we hit $1200 on Saturday the 1st.  

That would be a nice week!