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Author Topic: Bitcoin is never going to hit $35  (Read 7403 times)
twolifeinexile
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February 21, 2013, 09:48:31 PM
 #41

Once above old high, it is all free sail
Up sail or down sail? Smiley
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February 21, 2013, 09:55:02 PM
 #42

yup it only hit $29.97 today.

NEVER....lol...for shits and giggles I agree haha  Tongue

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ElectricMucus
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February 21, 2013, 09:56:05 PM
 #43

all you need to do is read and learn about the cup and handle and you will see exactly where we are.



I always thought the handle was a sideways pattern.

Is the rally afterwards included in the cup & handle pattern?
There is also the
http://www.investopedia.com/terms/d/doubletop.asp

Anybody who claims to know we gonna see the one or the other is full of shit.

"The time between the two peaks is also a determining factor for the existence of a double top pattern. If the tops appear at the same level but are very close in time, then the probability is high that they are part of the consolidation and the trend will resume."

http://en.wikipedia.org/wiki/Double_top_and_double_bottom

Read the quote again Wink
That didn't work out so well for ya did it?
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February 21, 2013, 10:26:08 PM
 #44

no one can predict the future but you certainly can look at all the components of the cup and handle formation and that will give you an indicator of how strong it is. Things like

potential failure:
the handle should not drop below the top half of the cup formation
the price should not drop below the 200 day Moving Average

It's just my opinion, just like anyone else can have their opinion, but when I look at all the indicators of the formation,  everything for me points to a very strong formation indeed.

For those looking positive, the target price is usually the difference in depth of the cup added to the high point, so we could be looking at $32+($32-$2) = $62


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February 22, 2013, 01:53:41 AM
 #45

$30 totally never happened.
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February 22, 2013, 01:54:41 AM
 #46

I know it for sure, it's stayed under $30 for 2 days now.

+1

Holy shit, man. This inability of yours to predict things is truly uncanny. Not sure how, but you should be able to market this anti-skill somehow!
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February 22, 2013, 02:02:57 AM
 #47

I know it for sure, it's stayed under $30 for 2 days now.

+1

Holy shit, man. This inability of yours to predict things is truly uncanny. Not sure how, but you should be able to market this anti-skill somehow!

It might break past $30, but I'm pretty sure it'll smack down hard not long after that.  We won't be over $30 for very long.
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February 22, 2013, 02:04:30 AM
 #48

I think I have established to myself it is impossible to predict the price of bitcoins. I've been watching the market since last September, and while it has only gone up from about $12 to what it currently is, there is no short term indication of any reliable up/down movement. Sure I guess over time it might go up some, if you like investing several thousand into a decentralized computer based currency, to only get a 10-20% return over 3 months.... In the stock market world that is a great return, but I don't think it's worth taking with bitcoins.

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crime generates tenfold more money then real businesses do in bitcoin. the fact you cant accept this just makes you a kike

A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.

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February 22, 2013, 02:09:02 AM
 #49

It might break past $30, but I'm pretty sure it'll smack down hard not long after that.  We won't be over $30 for very long.

**Gasp** Does this mean if bitcoin goes over 30 it won't be coming back?

Wait, have you been "pretty sure" on your previous predictions, or absolutely certain? Just want to clarify.


I don't think there has been a more reliable indicator than proudhon, if someone else has found one, let me know.
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February 22, 2013, 02:11:16 AM
 #50

Wasn't proudhon predicting single digits by April 15th?  Does that mean that it'll be triple digits?

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February 22, 2013, 02:12:56 AM
 #51

Well, basically if Proudhon turns into a bull, we know its the time to sell. If he's saying sell, then buy buy buy. ^

It seemed like a good idea at the time.
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February 22, 2013, 02:16:43 AM
 #52

I know it for sure, it's stayed under $30 for 2 days now.

+1

Oh sweet jesus you're like some sort of reverse prophet! Keep predicting things please.

Well, basically if Proudhon turns into a bull, we know its the time to sell. If he's saying sell, then buy buy buy. ^

More or less Cheesy

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February 22, 2013, 02:21:39 AM
 #53

lolololol

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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February 22, 2013, 02:24:16 AM
 #54

We just hit 30.27!!

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February 22, 2013, 02:27:29 AM
 #55

This threads title has taken on a new meaning.

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ajk
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February 22, 2013, 02:30:08 AM
 #56

ya lol OP should make a brand new username
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February 22, 2013, 02:39:33 AM
 #57

It might break past $30, but I'm pretty sure it'll smack down hard not long after that.  We won't be over $30 for very long.

**Gasp** Does this mean if bitcoin goes over 30 it won't be coming back?

Wait, have you been "pretty sure" on your previous predictions, or absolutely certain? Just want to clarify.


I don't think there has been a more reliable indicator than proudhon, if someone else has found one, let me know.

lucif
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February 22, 2013, 02:42:29 AM
 #58

It might break past $30, but I'm pretty sure it'll smack down hard not long after that.  We won't be over $30 for very long.

**Gasp** Does this mean if bitcoin goes over 30 it won't be coming back?

Wait, have you been "pretty sure" on your previous predictions, or absolutely certain? Just want to clarify.


I don't think there has been a more reliable indicator than proudhon, if someone else has found one, let me know.

lucif
LOL!
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February 22, 2013, 02:48:10 AM
 #59

It might break past $30, but I'm pretty sure it'll smack down hard not long after that.  We won't be over $30 for very long.

**Gasp** Does this mean if bitcoin goes over 30 it won't be coming back?

Wait, have you been "pretty sure" on your previous predictions, or absolutely certain? Just want to clarify.


I don't think there has been a more reliable indicator than proudhon, if someone else has found one, let me know.

lucif

That's assuming you can figure out what the hell he's saying.

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February 22, 2013, 02:50:52 AM
 #60

It might break past $30, but I'm pretty sure it'll smack down hard not long after that.  We won't be over $30 for very long.

**Gasp** Does this mean if bitcoin goes over 30 it won't be coming back?

Wait, have you been "pretty sure" on your previous predictions, or absolutely certain? Just want to clarify.


I don't think there has been a more reliable indicator than proudhon, if someone else has found one, let me know.

lucif

That's assuming you can figure out what the hell he's saying.

well, he started his thread when the price was 13.13 and he admitted he was short.

so how much of a loss is that?  i can't count that high.
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