krudkeeper
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 182
Merit: 100
Hodl regularly and often!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 26, 2013, 05:22:30 PM |
|
easy does it, keep the slow upward move going and watch momentum ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) bitstamps and other exchanges are obviously very relevant these days, i'd imagine crashing & manipulating the price for personal gain is going to get much harder. expecting to see a stable 96 - 105 with a few false breakouts over 120. i think in the end we will settle on a very slow upward bound trend line and be Crazy stable on this exceptional line that will explode to new highs this Xmas. I love how this sounds. I wish I could see the future ahead of time!
|
|
|
|
micalith
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 26, 2013, 05:27:57 PM |
|
Feels like big dumpers are consenting to wait to see if we can reach the necessary momentum for them to dump at sustainable prices.
|
|
|
|
samson
Legendary
Offline
Activity: 2097
Merit: 1070
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 26, 2013, 05:34:24 PM |
|
Feels like big dumpers are consenting to wait to see if we can reach the necessary momentum for them to dump at sustainable prices.
LOL, there's no momentum at all right now.
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2282
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
![](https://bitcointalk.org/Themes/custom1/images/post/lamp.gif) |
July 26, 2013, 06:02:38 PM |
|
|
|
|
|
derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 26, 2013, 06:06:46 PM |
|
Im scared to be in fiat right now ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) lol Every time 96 wall gets nibbled on, it gets reinforced.
|
|
|
|
samson
Legendary
Offline
Activity: 2097
Merit: 1070
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 26, 2013, 06:22:12 PM |
|
Im scared to be in fiat right now ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) lol Every time 96 wall gets nibbled on, it gets reinforced. You'll be glad you've got that fiat when the price goes into the 60's and lower over the next few weeks.
|
|
|
|
Frozenlock
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 26, 2013, 06:34:56 PM |
|
With only 5.xx$ left on the exchange, i guess you could say I'm all in ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) AdamstgBit has been an incredible reliable signal these last few weeks. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) (short signal, that is...) When's the $180?
|
|
|
|
Coinseeker
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 26, 2013, 06:36:24 PM |
|
You'll be glad you've got that fiat when the price goes into the 60's and lower over the next few weeks.
+1 Barring some HUGE revelation, I just don't see how we're going to avoid that.
|
|
|
|
Tzupy
Legendary
Offline
Activity: 2156
Merit: 1094
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 26, 2013, 06:38:06 PM |
|
For those holding $ and willing to buy BTC on MtGox, it's easy for now: just place a buy order just above the 96 wall and wait to get hit. Seller pressure is still strong above 96, quite often the 96 wall is hit by sell orders.
A correction of the price is expected once the buying whale doesn't buy on MtGox anymore, who knows when he'll stop. But the price to go down to 60, that's wishful thinking. If it happens, I'd probably take a fiat loan from the bank just to buy more BTC. The difference in mining difficulty between the 7th July and the 7th August is quite significant. GPU miners are quitting en masse, only ASICs remain. And ASIC miners should rather get fiat loans than sell when the market is low, when they know next year it's going to be at least 150 if not 200. So I believe that a price drop down to maybe 80 is possible, but in the next months we'll see the average price rise above 100, possibly 120.
|
|
|
|
Coinseeker
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 26, 2013, 06:45:16 PM |
|
So I believe that a price drop down to maybe 80 is possible, but in the next months we'll see the average price rise above 100, possibly 120.
Based on what? Wishful thinking? There has to be an increase in demand for BTC and with ASIC's, more coins are being pumped out, while transactions are dropping and business' are not accepting BTC. So, where is the increased demand going to come from, to drive prices to 120? I don't mind being wrong, I'm just looking for something more than emotion based predictions.
|
|
|
|
micalith
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 26, 2013, 06:59:57 PM |
|
Feels like big dumpers are consenting to wait to see if we can reach the necessary momentum for them to dump at sustainable prices.
LOL, there's no momentum at all right now. I wouldn't have the patience to wait till bloody Christmas.
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2282
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
![](https://bitcointalk.org/Themes/custom1/images/post/lamp.gif) |
July 26, 2013, 07:01:27 PM |
|
|
|
|
|
wachtwoord
Legendary
Offline
Activity: 2324
Merit: 1125
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 26, 2013, 07:18:30 PM |
|
Feels like big dumpers are consenting to wait to see if we can reach the necessary momentum for them to dump at sustainable prices.
LOL, there's no momentum at all right now. I wouldn't have the patience to wait till bloody Christmas. Seriously ... You better learn patience because Christmas is only 5 months away. I'm expecting being patient to mean waiting significantly longer than that. 5 months is nothing.
|
|
|
|
ardana123
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 26, 2013, 07:21:30 PM |
|
I expect a rise to at least 250, maybe 300 in the next 300 months. Followed by a sharp drop to 1$ (to allow everyone to gather cheap coinz) and then a steep rise again to 400. I say this because my word is law.
see what i did durrr
|
|
|
|
molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 26, 2013, 07:35:55 PM |
|
easy does it, keep the slow upward move going and watch momentum ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) bitstamps and other exchanges are obviously very relevant these days, i'd imagine crashing & manipulating the price for personal gain is going to get much harder. expecting to see a stable 96 - 105 with a few false breakouts over 120. i think in the end we will settle on a very slow upward bound trend line and be Crazy stable on this exceptional line that will explode to new highs this Xmas. I love your level of specificity. Let me try another view, trying to be equally specific: I don't think 100 +/- 5 is a zone prone to stability: we'll have a long hard excruciatingly painful time to get over $100, then even worse $105. There will be temporary drops down to the low 90s, 80s, maybe even 70s, but no panic... $67 wont be touched again this year. It'll be a long time before we finally break $115. No false breakout, just plain pure fucking bitcoin rocket once we break it. Maybe a little pause getting rid of the first stage fuel containers at around $180. That'll happen before or after, but not at Christmas.
|
|
|
|
molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 26, 2013, 07:38:51 PM |
|
$100 before the end of the day?
we should really start looking at bitstamp. or at least start to quote the price including exchange. $100@gox, for example. I don't think we'll see $100@mtgx before $95@bstp
|
|
|
|
molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 26, 2013, 07:40:08 PM |
|
The 96 wall seems solid though, for now.
yep really solid ... ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fcdn3.dogonews.com%2Fpictures%2F4678%2Fcontent%2Fdispatchwork3picture-53.png&t=665&c=yCZVz5oEMRCcpA) Don't you know, that a single lego brick can withstand 400kg of weight? well... and two of them on top of each other? still only 400kg max.
|
|
|
|
molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 26, 2013, 07:42:50 PM |
|
So I believe that a price drop down to maybe 80 is possible, but in the next months we'll see the average price rise above 100, possibly 120.
Based on what? Wishful thinking? There has to be an increase in demand for BTC and with ASIC's, more coins are being pumped out, while transactions are dropping and business' are not accepting BTC. So, where is the increased demand going to come from, to drive prices to 120? I don't mind being wrong, I'm just looking for something more than emotion based predictions. you got the bolded part the wrong way around: businesses accepting BTC is bearish. Sales in BTC are sells on mtgox.
|
|
|
|
molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 26, 2013, 07:44:05 PM |
|
Feels like big dumpers are consenting to wait to see if we can reach the necessary momentum for them to dump at sustainable prices.
LOL, there's no momentum at all right now. I wouldn't have the patience to wait till bloody Christmas. Dude, I've been waiting for 2.5 years now for my gold parity. Still not even close. I expect to have to wait at least another 1.5 years.
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2282
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
![](https://bitcointalk.org/Themes/custom1/images/post/lamp.gif) |
July 26, 2013, 08:01:36 PM |
|
|
|
|
|
|