Parabolic rise has begun

[Hyena]

~320$ bitcoins next week.

[IIOII]

Rise yes. Parabolic rise not so sure (using a parabolic indicator does not mean that price appreciation will be parabolic... ). In my opinion we will stabilize first in a $300-400 range for another half year.

I expect the next bubble will happen shortly before or after the next reward halving.

[Hyena]

Rise yes. Parabolic rise not so sure (using a parabolic indicator does not mean that price appreciation will be parabolic... ). In my opinion we will stabilize first in a $300-400 range for another half year.

I expect the next bubble will happen shortly before or after the next reward halving.

A parabolic rise has to start somewhere, right? This is the first week on the logarithmic chart where we see a higher green candle than on all the previous weeks paired with the highest volume bar ever during this rally. This marks the start of a parabolic rise.

[waterpile]

Rise yes. Parabolic rise not so sure (using a parabolic indicator does not mean that price appreciation will be parabolic... ). In my opinion we will stabilize first in a $300-400 range for another half year.

I expect the next bubble will happen shortly before or after the next reward halving.

Same here with the prediction.. $320 is too much for a rise some people might sell their chunks of bitcoin now or next week

[Hyena]

Rise yes. Parabolic rise not so sure (using a parabolic indicator does not mean that price appreciation will be parabolic... ). In my opinion we will stabilize first in a $300-400 range for another half year.

I expect the next bubble will happen shortly before or after the next reward halving.

Same here with the prediction.. $320 is too much for a rise some people might sell their chunks of bitcoin now or next week

Maybe 320 is too high, it could also be ~310$. It's exponential extrapolation either way and doesn't conflict with the parabolic rise theory.

[SmoothCurves]

Rise yes. Parabolic rise not so sure (using a parabolic indicator does not mean that price appreciation will be parabolic... ). In my opinion we will stabilize first in a $300-400 range for another half year.

I expect the next bubble will happen shortly before or after the next reward halving.

A parabolic rise has to start somewhere, right? This is the first week on the logarithmic chart where we see a higher green candle than on all the previous weeks paired with the highest volume bar ever during this rally. This marks the start of a parabolic rise.

I believe you to be right. Many people on here claim it's rising too fast or unhealthy but they don't see how severely undervalued Bitcoin has been. After witnessing what happened in oct-nov 2013 i've come to terms with the fact that bitcoin is a monster who wil defy all expectations. Hang tight because the party is just getting started.

[Q7]

Something doesn't seem right to me. On one side the network is undergoing stress test with transaction confirmation getting delayed. At the same time we are seeing the price going up. My initial thought was maybe there is some kind of manipulation taking place but I  hope I'm wrong on that.

[SmoothCurves]

Something doesn't seem right to me. On one side the network is undergoing stress test with transaction confirmation getting delayed. At the same time we are seeing the price going up. My initial thought was maybe there is some kind of manipulation taking place but I  hope I'm wrong on that.

get ready for $1000+ prices

[Greendragon]

Something doesn't seem right to me. On one side the network is undergoing stress test with transaction confirmation getting delayed. At the same time we are seeing the price going up. My initial thought was maybe there is some kind of manipulation taking place but I  hope I'm wrong on that.

Rises 20 dollars , calls it manipulation.
Do you remember the 1200->210 manipulation?

[Amph]

Something doesn't seem right to me. On one side the network is undergoing stress test with transaction confirmation getting delayed. At the same time we are seeing the price going up. My initial thought was maybe there is some kind of manipulation taking place but I  hope I'm wrong on that.

Rises 20 dollars , calls it manipulation.
Do you remember the 1200->210 manipulation?

yeah but i also remember the 90--->1200 manipulation

it may look only a small increase but it needs nothing and can skyrocket to 1200 again, like it did in the first time, that's why bitcoin is unstable, not because of the occasional volatility, but because of those crazy random pump and dump

[MF Doom]

expecting "parabolic rises" is not good overall for btc.  it makes it look like a ponzi scheme.

I think this section should be called the "wild random unrealistic nonsense" section, because a lot of these posts are well beyond the realm of just speculation.

[porcupine87]

I think it depends on greece and its creditors. I have no clue how this will end.

btw: Is there a way to get a price history in 5min intervals or lower? I know bitcoinscharts, but there I have to copy it manually and do this for every 2 days (1 minute charts).

[JimboToronto]

Do you remember the 1200->210 manipulation?

yeah but i also remember the 90--->1200 manipulation

How about the $1 -> $30 -> $2 -> $266 manipulation?

[jaredboice]

expecting "parabolic rises" is not good overall for btc.  it makes it look like a ponzi scheme.

No, it makes it look like a revolutionary technology that is exhibiting exponential growth trends.

[Hyena]

No, it makes it look like a revolutionary technology that is exhibiting exponential growth trends.

New local ATH 295$ !!! This truly has become parabolic, it is now fully confirmed. And this is good for bitcoin because it makes all the nonbelievers realize how stupid they have been. Oh smite the heretic priests, allmighty Bitcoin god.

[BTCtrader71]

I think it depends on greece and its creditors. I have no clue how this will end.

btw: Is there a way to get a price history in 5min intervals or lower? I know bitcoinscharts, but there I have to copy it manually and do this for every 2 days (1 minute charts).

https://www.tradingview.com/chart/?symbol=OKCOIN%3ALTCUSD#

Choose your time interval at the upper left

[matrix zion]

~320$ bitcoins next week.

yeaahhh it's shaping up to be an exciting weekend!

[melody82]

Rise yes. Parabolic rise not so sure (using a parabolic indicator does not mean that price appreciation will be parabolic... ). In my opinion we will stabilize first in a $300-400 range for another half year.

I expect the next bubble will happen shortly before or after the next reward halving.

A parabolic rise has to start somewhere, right? This is the first week on the logarithmic chart where we see a higher green candle than on all the previous weeks paired with the highest volume bar ever during this rally. This marks the start of a parabolic rise.

I believe you to be right. Many people on here claim it's rising too fast or unhealthy but they don't see how severely undervalued Bitcoin has been. After witnessing what happened in oct-nov 2013 i've come to terms with the fact that bitcoin is a monster who wil defy all expectations. Hang tight because the party is just getting started.

I agree that it is undervalued, and it will rise.  Predicing the rise is the tricky part .  Best to just hang on to our coins for the long haul!

[Hyena]

Rise yes. Parabolic rise not so sure (using a parabolic indicator does not mean that price appreciation will be parabolic... ). In my opinion we will stabilize first in a $300-400 range for another half year.

I expect the next bubble will happen shortly before or after the next reward halving.

Same here with the prediction.. $320 is too much for a rise some people might sell their chunks of bitcoin now or next week

Maybe 320 is too high, it could also be ~310$. It's exponential extrapolation either way and doesn't conflict with the parabolic rise theory.

310$ broken, 320 not too high any more, is it?

[klee]

Rise yes. Parabolic rise not so sure (using a parabolic indicator does not mean that price appreciation will be parabolic... ). In my opinion we will stabilize first in a $300-400 range for another half year.

I expect the next bubble will happen shortly before or after the next reward halving.

Same here with the prediction.. $320 is too much for a rise some people might sell their chunks of bitcoin now or next week

Maybe 320 is too high, it could also be ~310$. It's exponential extrapolation either way and doesn't conflict with the parabolic rise theory.

310$ broken, 320 not too high any more, is it?

375 and retrace 335