YAWN

[Rothgar]

How about my analysis?

I'm scared of the triangles. 

However the stars are pretty.   

[Piper67]

Maybe people who get it wrong so consistently should be limited to their own forum. Kinda like we do with the newbies 

[mr chong]

Let's ask a monkey... since most idiots trying to make sense of the market here are always wrong...

Well there is one person who is right about 99.99% of the time "proudhon", just because he uses the child psychology which means everything he says just do the opposite does not mean he not almost always right.

Just look at his post on this thread, we are all but guaranteed to hit 34 now that he made his prediction (again).

[mccorvic]

Maybe people who get it wrong so consistently should be limited to their own forum. Kinda like we do with the newbies 

I second this proposal.

[bitcoinBull]

Its going up too fast. Ooh, now its going up too slow!

It went up, but time to go back down. Turning down now... okay trend changed. Gonna go all the way down, naturally..

Bear logic.

[DoomDumas]

I like the "slow" upward trend.. slow compared to the 2011 peak !

It's look like a very sustainable growth, especially with what bitcoin are today compared to what it was 2 years ago !

I bet we will never be able to buy BTC under 30 !  ever !

I'll still buy all the way up to 100, then hold !

[deathcode]

I like the "slow" upward trend.. slow compared to the 2011 peak !

It's look like a very sustainable growth, especially with what bitcoin are today compared to what it was 2 years ago !

I bet we will never be able to buy BTC under 30 !  ever !

I'll still buy all the way up to 100, then hold !

UNLESS there's some security concern or something like MtGox leaving US customers turns to be real (and even then), or the US government comes up with soem stupid regulation that will prevent americans from obtaining bitcoin in an easy/secure way. I don't think we'll see BTC under $30 ever again.

[ElectricMucus]

This is probably the top.

oh look its proudhon. 

[conspirosphere.tk]

it's just that we are the only ones in a world currency race to debase with the parking brake pulled.

[Elwar]

My technical analysis is never wrong. Here is another:

_/\_----^_/

Buy or sell based upon that and you are all set for big money.

[usagi]

This is probably the top.

oh look its proudhon. 

This is probably the top.

[proudhon]

This is probably the top.

oh look its proudhon. 

This is probably the top.

It's going to be right around here, I'm fairly certain.

[lebing]

This is probably the top.

oh look its proudhon. 

This is probably the top.

It's going to be right around here, I'm fairly certain.

Now you are just doing it for the lulz

[usagi]

This is probably the top.

oh look its proudhon. 

This is probably the top.

It's going to be right around here, I'm fairly certain.

Now you are just doing it for the lulz

Nahh, because people have seen speculative frenzies like this before. This isn't a new situation to anyone but the likes of ElectricMucus (lol).

It MAY jump as high as $40. Who knows? Who cares? You CAN'T cash out at the top. You just want to stay with the trend. The trend right now is unsustainable. This is what we know. Do you have an exit plan? Surely you know the saying, bears make money, bulls make money, but pigs get slaughtered.

[lebing]

This is probably the top.

oh look its proudhon. 

This is probably the top.

It's going to be right around here, I'm fairly certain.

Now you are just doing it for the lulz

Nahh, because people have seen speculative frenzies like this before. This isn't a new situation to anyone but the likes of ElectricMucus (lol).

It MAY jump as high as $40. Who knows? Who cares? You CAN'T cash out at the top. You just want to stay with the trend. The trend right now is unsustainable. This is what we know. Do you have an exit plan? Surely you know the saying, bears make money, bulls make money, but pigs get slaughtered.

Exit plan? Yeah, sure. I'm working on my exit from fiat and its coming along nicely.

[steamboat]

This is probably the top.

oh look its proudhon. 

This is probably the top.

It's going to be right around here, I'm fairly certain.

Now you are just doing it for the lulz

Nahh, because people have seen speculative frenzies like this before. This isn't a new situation to anyone but the likes of ElectricMucus (lol).

It MAY jump as high as $40. Who knows? Who cares? You CAN'T cash out at the top. You just want to stay with the trend. The trend right now is unsustainable. This is what we know. Do you have an exit plan? Surely you know the saying, bears make money, bulls make money, but pigs get slaughtered.

Do you have any analysis as to why this trend is unsustainable? It perplexes me why there are those on the forum who are only willing to accept slight success for bitcoin. What if a small country adopts bitcoin as their national currency? What if a major e-commerce site integrates bitcoin? Those that prophesy a downtrend because bitcoin adoption is unsustainable should at the very least back up their arguments with logic.


That's not to say a major flaw could be discovered tomorrow and the price tanks to $0. Both are possible, why do you think one is probable over the other, and what proof other than napkin logic and feelings do you have?

[usagi]

Do you have any analysis as to why this trend is unsustainable? It perplexes me why there are those on the forum who are only willing to accept slight success for bitcoin. What if a small country adopts bitcoin as their national currency? What if a major e-commerce site integrates bitcoin? Those that prophesy a downtrend because bitcoin adoption is unsustainable should at the very least back up their arguments with logic.

That's not to say a major flaw could be discovered tomorrow and the price tanks to $0. Both are possible, why do you think one is probable over the other, and what proof other than napkin logic and feelings do you have?

I should clarify, I mean the trend with relation to precious metals. I do not believe BTC will appreciate much farther against silver and gold. That's also what I meant by exit plan; in spite of new money, you can't eat bitcoins.

[Piper67]

This is probably the top.

oh look its proudhon. 

This is probably the top.

It's going to be right around here, I'm fairly certain.

Shit, Proud, what are we supposed to do with "fairly certain"... give us an absolute certainty so we know to move in the opposite direction, will you?

[mccorvic]

I should clarify, I mean the trend with relation to precious metals. I do not believe BTC will appreciate much farther against silver and gold. That's also what I meant by exit plan; in spite of new money, you can't eat bitcoins.

Looks like someone hasn't heard of the McCorvic index.

[lebing]

I should clarify, I mean the trend with relation to precious metals. I do not believe BTC will appreciate much farther against silver and gold. That's also what I meant by exit plan; in spite of new money, you can't eat bitcoins.

True.



That at least is a new argument.