S3052 (OP)
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July 09, 2012, 07:14:12 PM |
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clearly, 7.22 is resistance and prices may pause there for a while, but as I explained in the subscriber section, this is not required for many reasons.
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S3052 (OP)
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July 14, 2012, 06:02:32 AM |
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clearly, 7.22 is resistance and prices may pause there for a while, but as I explained in the subscriber section, this is not required for many reasons.
As per "plan" bitcoin prices sliced through 7.22 like butter.
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bitcoinBull
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rippleFanatic
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July 14, 2012, 06:17:51 AM |
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clearly, 7.22 is resistance and prices may pause there for a while, but as I explained in the subscriber section, this is not required for many reasons.
As per "plan" bitcoin prices sliced through 7.22 like butter. Good call. I expected the same, seeing most of the resistance take place around $6.8. What's your opinion on the lack of effect of the latest Bitcoinica loss? Others have mentioned, the market seems to have written it off without much of a sell-off, which rather surprised me. It leaves me wondering if there could be a delayed response to these kinds of news events. I can't decide yet if it was good or bad that it happened right after making the year's new high.
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S3052 (OP)
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July 14, 2012, 08:34:49 AM |
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clearly, 7.22 is resistance and prices may pause there for a while, but as I explained in the subscriber section, this is not required for many reasons.
As per "plan" bitcoin prices sliced through 7.22 like butter. Good call. I expected the same, seeing most of the resistance take place around $6.8. What's your opinion on the lack of effect of the latest Bitcoinica loss? Others have mentioned, the market seems to have written it off without much of a sell-off, which rather surprised me. It leaves me wondering if there could be a delayed response to these kinds of news events. I can't decide yet if it was good or bad that it happened right after making the year's new high. Thanks. And your question is a good one. In our p.o.v., bitcoin prices have entered a major rally phase and fundamental news like the one we had yestetrday are lready priced in. What we observe as well is that we get .any more twittter followers from the financial world (hedge funds, analysts, press, traders, bankers) . Those folks seem to increasingly start (thinking about) investing into bitcoins. If this gets more traction, we will see more and more surprises to the upside - and a rally like the one we saw last year cam repeat itself easily. A +30 $ rise can be achieved within weeks... And only the ones who get funds into the exchanges quickly will be ahead of the game. Even 100 $ this year can be realistic.
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Vladimir
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July 14, 2012, 09:16:25 AM |
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Even 100 $ this year can be realistic.
Totally agree with this sentiment (it is to be expected from me). Not on some TA basis but based on fundamentals I believe that Bitcoin is grossly undervalued by the market. I am not worried at all about Bitcoin part of my portfolio and I think up to 30% of one's investment portfolio shall be be allocated to Bitcoin. I, personally, would want to have more than 30% because most other asset classes are just plain scary these days, but it would be bad to be too concentrated.
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smoothie
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July 14, 2012, 09:20:11 AM |
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Even 100 $ this year can be realistic.
Totally agree with this sentiment (it is to be expected from me). Not on some TA basis but based on fundamentals I believe that Bitcoin is grossly undervalued by the market. I am not worried at all about Bitcoin part of my portfolio and I think up to 30% of one's investment portfolio shall be be allocated to Bitcoin. I, personally, would want to have more than 30% because most other asset classes are just plain scary these days, but it would be bad to be too concentrated. Why $100? Just humor me please....thanks
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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Vladimir
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July 14, 2012, 10:12:49 AM |
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100 is quite a ballpark figure, could be 97 My sentiment is based on valuations of potentially as disruptive payment processing companies in a similar stage of development. Look at early paypal for example. Look at square and dwoola. 800mil$ valuation after some major adoption announcements coming up this year is not that insane as some may think. Just treat Bitcoin as a company not as currency. Every BTC is a share. Try to value it considering growth, current biz, near term potential and some deals/projects under development. Feel free to do the math and tell me if I am wildly off base here. I actually think I am being damn conservative with my valuations here.
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Jointops420
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July 14, 2012, 10:24:50 AM |
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100 is quite a ballpark figure, could be 97 My sentiment is based on valuations of potentially as disruptive payment processing companies in a similar stage of development. Look at early paypal for example. Look at square and dwoola. 800mil$ valuation after some major adoption announcements coming up this year is not that insane as some may think. Just treat Bitcoin as a company not as currency. Every BTC is a share. Try to value it considering growth, current biz, near term potential and some deals/projects under development. Feel free to do the math and tell me if I am wildly off base here. I actually think I am being damn conservative with my valuations here. +1 I am waiting for the day I can swap BTC for real estate.
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smoothie
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LEALANA Bitcoin Grim Reaper
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July 14, 2012, 10:45:40 AM |
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100 is quite a ballpark figure, could be 97 My sentiment is based on valuations of potentially as disruptive payment processing companies in a similar stage of development. Look at early paypal for example. Look at square and dwoola. 800mil$ valuation after some major adoption announcements coming up this year is not that insane as some may think. Just treat Bitcoin as a company not as currency. Every BTC is a share. Try to value it considering growth, current biz, near term potential and some deals/projects under development. Feel free to do the math and tell me if I am wildly off base here. I actually think I am being damn conservative with my valuations here. Thank you for answering my question.
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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phatsphere
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July 14, 2012, 09:00:10 PM |
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Why $100? Just humor me please....thanks
my uneducated stance on this is, that the new hight-peaks always duble. e.g. when you look at the last rally, 1,2,4, then bit of red at 8, then nearly 16, then peak at 32. next one must be nearly 64 and 128! all things binary!
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S3052 (OP)
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July 14, 2012, 09:06:34 PM |
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Why $100? Just humor me please....thanks
my uneducated stance on this is, that the new hight-peaks always duble. e.g. when you look at the last rally, 1,2,4, then bit of red at 8, then nearly 16, then peak at 32. next one must be nearly 64 and 128! all things binary! this would be fun to watch :-)
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S3052 (OP)
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July 15, 2012, 08:33:23 PM Last edit: July 16, 2012, 09:48:26 PM by S3052 |
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Weekly Bitcoin Forecast Newsletter just sent out to subscribers.
For interested new subscribers, we have a special offer for you here:
http://www.bitcoinbullbear.com/
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S3052 (OP)
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July 16, 2012, 09:48:56 PM |
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A short term update has just been sent out to subscribers.
For interested new subscribers, we have a special offer for you here:
http://www.bitcoinbullbear.com/
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molecular
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July 17, 2012, 04:03:40 PM |
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forecast fully on track?
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PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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S3052 (OP)
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July 17, 2012, 05:04:12 PM |
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Sure. I can't complain. In principle you would need to ask the subscribing customers.
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S3052 (OP)
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July 19, 2012, 07:52:58 PM |
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What do you expect bitcoin prices to do over the next weeks?
you are invited to vote
The poll above is reset for you.
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S3052 (OP)
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July 20, 2012, 06:24:10 PM |
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SBUX (Starbucks) about to break down .. will get nasty
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ArticMine
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Monero Core Team
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July 20, 2012, 06:48:48 PM |
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SBUX (Starbucks) about to break down .. will get nasty
I am currently at my local Starbucks enjoying a cup of coffee and completing my post on dollar cost averaging as a method of Bitcoin acquisition. By the way great work on your service. As for shorting SBUX vs buying more BTC, I will take the BTC. I do like their coffee.
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S3052 (OP)
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July 21, 2012, 08:20:01 AM |
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SBUX (Starbucks) about to break down .. will get nasty
I am currently at my local Starbucks enjoying a cup of coffee and completing my post on dollar cost averaging as a method of Bitcoin acquisition. By the way great work on your service. As for shorting SBUX vs buying more BTC, I will take the BTC. I do like their coffee. Thanks for great feedback. I am always trying to make the best possible forecasts.
On Starbucks, I also like the company, the CEO is outstanding, and the products are great. I just see that the worldwide trend is going down. Look at coffee prices, they have crashed and will crash more, which is a good indicator that coffee demand is going (will be going) down.
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cloon
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July 21, 2012, 09:54:26 AM |
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SBUX (Starbucks) about to break down .. will get nasty
I am currently at my local Starbucks enjoying a cup of coffee and completing my post on dollar cost averaging as a method of Bitcoin acquisition. By the way great work on your service. As for shorting SBUX vs buying more BTC, I will take the BTC. I do like their coffee. Thanks for great feedback. I am always trying to make the best possible forecasts.
On Starbucks, I also like the company, the CEO is outstanding, and the products are great. I just see that the worldwide trend is going down. Look at coffee prices, they have crashed and will crash more, which is a good indicator that coffee demand is going (will be going) down.haven't drunken one coffee for over a year...for the prize of an starbucks coffee i can eat a whole lunch...
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donations to 13zWUMSHA7AzGjqWmJNhJLYZxHmjNPKduY
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