Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[adamstgBit]

I've been probing the monkey about longer term prospects.  Monkey seems to be bifurcating his analysis on the weekly/monthly scales, mixing two principal scenarios, both bullish:
1) Gradual (linear) rise for 2 months, plateau for a month or so, and then 2 months of rocketship, past 6k, mild bear market early 2015 but possibly protracted.
2) Increasing rate of climb (parabolic) from August into September, short, sharp ramp in September, past 3k, mild bear until late November or early December.

However, on the daily chart he continues to flip-flop.  His worst case scenario is found on the daily chart:  
1) A 1 week linear decline followed by a 1 week parabolic decline to 444, culminating in a strong bull market in August.  
2) Alternatively, the bullish scenario is continued wobble, indeterminate duration, ending in a weekly/monthly (1) track.

If I try to combine the daily with the long-term forecasts, he seems to be telling me that a sharp draw-down now would end in a 3k+ September, while a drawn-out wobble now would end in a 6k+ November.

hoping it wobbles

[adamstgBit]

monday afternoon, excellent time to buy.

[roslinpl]

monday afternoon, excellent time to buy.

Every day every hour - best time to buy bitcoins :-)
(Or earn them instead of buying :-) )

[Bagatell]

[Gianluca95]

monday afternoon, excellent time to buy.

Every day every hour - best time to buy bitcoins :-)
(Or earn them instead of buying :-) )

Yes, for me is discount price, so, I've already bought 0.5BTC now

When Price will rising up to 630$ I'll sell it !

[ChartBuddy]

Explanation

[Raystonn]

I've been probing the monkey about longer term prospects.  Monkey seems to be bifurcating his analysis on the weekly/monthly scales, mixing two principal scenarios, both bullish:
1) Gradual (linear) rise for 2 months, plateau for a month or so, and then 2 months of rocketship, past 6k, mild bear market early 2015 but possibly protracted.
2) Increasing rate of climb (parabolic) from August into September, short, sharp ramp in September, past 3k, mild bear until late November or early December.

However, on the daily chart he continues to flip-flop.  His worst case scenario is found on the daily chart:  
1) A 1 week linear decline followed by a 1 week parabolic decline to 444, culminating in a strong bull market in August.  
2) Alternatively, the bullish scenario is continued wobble, indeterminate duration, ending in a weekly/monthly (1) track.

If I try to combine the daily with the long-term forecasts, he seems to be telling me that a sharp draw-down now would end in a 3k+ September, while a drawn-out wobble now would end in a 6k+ November.

What does monkey use as a fitness function?  Pure net worth?  Do you risk-adjust, or otherwise look to minimize dips in capital?

[DubFX]

monday afternoon, excellent time to buy.

Every day every hour - best time to buy bitcoins :-)
(Or earn them instead of buying :-) )

Yes, for me is discount price, so, I've already bought 0.5BTC now

When Price will rising up to 630$ I'll sell it !

Congratulations, you will make 5$ out of your investment, is it even worth it? You better hold.

[minerpumpkin]

The monkey doesn't know what to do? This is a red flag! Sell everything!!! 

[theonewhowaskazu]

Uh oh we're back to the same price level we have been at about 1029143281 times now. Something very exciting and dramatic is about to happen.

[Patel]

Maximum of 9 days until regulation proposal comes out 

[empowering]

Ermahgerd 

[empowering]

Maximum of 9 days until regulation proposal comes out 

[ChartBuddy]

Explanation

[ChartBuddy]

[Raystonn]

 

On 7/14/2014, at 3:11:25pm EDT, ChartBuddy became self-aware...

[empowering]

Ermahgerd 

[Bagatell]

Hmmm...I was told the 21st.

[birr]

I've been probing the monkey

Ewwww!

[bitcoinsrus]

what happens on the 24th chartbuddy?