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Author Topic: Bitcoin rally coming?  (Read 1508 times)
imperi (OP)
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June 18, 2011, 03:59:53 AM
 #1



On the news section on the bottom, you can see three crests. The second is when news of Silk Road hit the web. The third is only two days ago, which is way before dwolla money comes in. I'm wondering if all the publicity will bring in more money and increase the exchange rate, like it did last time?
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done
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June 18, 2011, 06:07:12 AM
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just buy and hold (or use) and all will be sweet   Wink
DamienBlack
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June 18, 2011, 08:01:31 AM
Last edit: June 18, 2011, 08:13:59 AM by DamienBlack
 #3

You can see my post on this earlier http://forum.bitcoin.org/index.php?topic=17318

The last few does don't actually look rally-ish. Just looks like it'll hold in the $18-20 zone (after the weekend of course).
Capitan
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June 18, 2011, 09:26:07 AM
 #4

That last crest is news about the bitcoin heists and malware. I doubt that's going to bring money into the system.
proudhon
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June 18, 2011, 09:45:55 AM
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My guess, and bet, is that we're going to go through at least one more drop to around 13 again (possibly lower) before there's any sustainable upward movement.  And even then, I think we'll be below 20 for a good while.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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June 18, 2011, 10:03:06 AM
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just buy and hold (or use) and all will be sweet   Wink

This!
scooter
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June 18, 2011, 10:03:27 AM
 #7

An astrologer said that it is going up to 66 on Sunday.
Sounds like legit info so I am all in.
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