afbitcoins (OP)
Legendary
 Offline
Activity: 2100
Merit: 1061
|
 |
May 14, 2013, 11:06:49 AM |
|
Heres a chart from my blog  It will be interesting to see what happens when the price hits this line in the near future. Will we get a bounce up in price. I think there’s a decent chance that may happen and if it does the chart will start to look rather bullish again. If you’ve been sitting out, maybe its soon time to get back into bitcoins? |
|
|
|
|
|
|
|
|
|
|
|
The trust scores you see are subjective; they will change depending on who you have in your trust list. |
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
|
 |
May 14, 2013, 11:24:31 AM |
|
Lets talk about this when its at 125.
|
|
|
|
|
|
razibuzouzou
|
|
May 14, 2013, 11:32:33 AM |
|
Since may 3rd, there is a constant growth of demand, a couple of percent every day (according to my tracking of mtgox order book). It looks good  |
|
|
|
|
afbitcoins (OP)
Legendary
Offline
Activity: 2100
Merit: 1061
|
|
May 14, 2013, 01:06:05 PM |
|
I reckon prices might be higher than $200 USD before long |
|
|
|
|
|
SlipperySlope
|
|
May 14, 2013, 02:12:36 PM |
|
Heres a chart from my blog It will be interesting to see what happens when the price hits this line in the near future. Will we get a bounce up in price. I think there’s a decent chance that may happen and if it does the chart will start to look rather bullish again. If you’ve been sitting out, maybe its soon time to get back into bitcoins? This chart clearly illustrates to me the trader sentiment that the April 10 bubble can be re-inflated. This sentiment should become weaker as peaks at $266, $166, $147 and now $125 remain unsurpassed. |
|
|
|
|
|
bonker
|
|
May 14, 2013, 02:14:51 PM |
|
+1
It's bull time, hang on to your knackers!
|
|
|
|
|
ShroomsKit
|
|
May 14, 2013, 02:18:47 PM |
|
Heres a chart from my blog It will be interesting to see what happens when the price hits this line in the near future. Will we get a bounce up in price. I think there’s a decent chance that may happen and if it does the chart will start to look rather bullish again. If you’ve been sitting out, maybe its soon time to get back into bitcoins? This chart clearly illustrates to me the trader sentiment that the April 10 bubble can be re-inflated. This sentiment should become weaker as peaks at $266, $166, $147 and now $125 remain unsurpassed. Simply the coin growing because more and more people are starting to use it isn't possibility, no? |
Its price is not a very relevant factor in its adoption....
|
|
|
|
fitty
|
|
May 14, 2013, 02:25:43 PM |
|
This chart clearly illustrates to me the trader sentiment that the April 10 bubble can be re-inflated. This sentiment should become weaker as peaks at $266, $166, $147 and now $125 remain unsurpassed.
But the bottom has gone from $50, to $79, to $98. If the bubble is over, why can't we have an uptrend or growth on a more realistic scale? |
|
|
|
Miz4r
Legendary
Offline
Activity: 1246
Merit: 1000
|
|
May 14, 2013, 02:36:15 PM |
|
This chart clearly illustrates to me the trader sentiment that the April 10 bubble can be re-inflated. This sentiment should become weaker as peaks at $266, $166, $147 and now $125 remain unsurpassed.
But the bottom has gone from $50, to $79, to $98. If the bubble is over, why can't we have an uptrend or growth on a more realistic scale? I don't see why we can't. The bubble doesn't have to be reinflated but we could see a long and slow sustainable growth pattern similar to the long slow slide downwards after the 2011 bubble only in the opposite direction this time. Most of the time bitcoin has been going through a slow appreciation or depreciation instead of the volatile times we've had during and after parabolic growth. $125 doesn't have to be broken in a couple of days, the rocket launching phase could very well be behind us now. Boring as that may be.  |
Bitcoin = Gold on steroids
|
|
|
|
Beta-coiner1
|
|
May 14, 2013, 02:36:25 PM |
|
I have been seeing some rather large purchases earlier....but it is still a bear market,imo.
|
|
|
|
NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
|
|
May 14, 2013, 02:44:07 PM |
|
I have been seeing some rather large purchases earlier....but it is still a bear market,imo.
Very soon, it may be proven that it was never a bear market to begin with. |
|
|
|
|
ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
|
|
May 14, 2013, 02:46:15 PM |
|
I have been seeing some rather large purchases earlier....but it is still a bear market,imo.
Very soon, it may be proven that it was never a bear market to begin with. Famous last words? |
|
|
|
|
NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
|
|
May 14, 2013, 02:52:30 PM |
|
I have been seeing some rather large purchases earlier....but it is still a bear market,imo.
Very soon, it may be proven that it was never a bear market to begin with. Famous last words? Certainly not, I'd love it if it dropped to the 40s, lol. But if this chart, and others like it prove right, then yes, the 'bubble' may just re-inflate and we simply experienced a huge correction. I'm actually happy either way. |
|
|
|
|
wobber
Legendary
Offline
Activity: 1064
Merit: 1001
|
|
May 14, 2013, 02:57:21 PM |
|
2 days since we have about 2.19% growth rate daily. You can do the math also. I hope we can sustain that, with minor upside and downside bubbles
|
If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
|
|
|
|
yokosan
|
|
May 14, 2013, 02:58:41 PM |
|
In 3 days everything that everybody in this thread before me has said will be proven wrong.
Mild resistance at $80, strong resistance at $70. Once 70 is broken there will be almost no resistance down to $50.
From there comes highly volatile times, before a phase of stability for almost 3 months, after which a new bubble will begin to form.
Mid January 2014 will see the peak of the bubble at absolutely insane highs, but with a new asian crypto-coin gaining in popularity the bubble pops before February begins.
|
|
|
|
|
ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
|
|
May 14, 2013, 03:05:49 PM |
|
I have been seeing some rather large purchases earlier....but it is still a bear market,imo.
Very soon, it may be proven that it was never a bear market to begin with. Famous last words? Certainly not, I'd love it if it dropped to the 40s, lol. But if this chart, and others like it prove right, then yes, the 'bubble' may just re-inflate and we simply experienced a huge correction. I'm actually happy either way. Sorry but I won't call that proof. |
|
|
|
|
|
fitty
|
|
May 14, 2013, 03:09:31 PM |
|
In 3 days everything that everybody in this thread before me has said will be proven wrong.
Mild resistance at $80, strong resistance at $70. Once 70 is broken there will be almost no resistance down to $50.
From there comes highly volatile times, before a phase of stability for almost 3 months, after which a new bubble will begin to form.
Mid January 2014 will see the peak of the bubble at absolutely insane highs, but with a new asian crypto-coin gaining in popularity the bubble pops before February begins.
Aren't you the same retarded who posted this? https://bitcointalk.org/index.php?topic=173558.msg1806423#msg1806423At least now you're not using secret messages to make your predictions. Keep us updated on your car purchases though. |
|
|
|
NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
|
|
May 14, 2013, 03:32:06 PM |
|
I have been seeing some rather large purchases earlier....but it is still a bear market,imo.
Very soon, it may be proven that it was never a bear market to begin with. Famous last words? Certainly not, I'd love it if it dropped to the 40s, lol. But if this chart, and others like it prove right, then yes, the 'bubble' may just re-inflate and we simply experienced a huge correction. I'm actually happy either way. Sorry but I won't call that proof. Note that I said in my first post 'may be proven' and in my second "if" they prove true. So if the price eventually reaches say 280, then yes, it wasn't a bear market, and yes many of these charts were on the right track. I didn't say that if the price reaches 126 than we are 100% in the clear. |
|
|
|
|
Odalv
Legendary
Offline
Activity: 1400
Merit: 1000
|
|
May 14, 2013, 03:34:30 PM |
|
This chart clearly illustrates to me the trader sentiment that the April 10 bubble can be re-inflated. This sentiment should become weaker as peaks at $266, $166, $147 and now $125 remain unsurpassed.
But the bottom has gone from $50, to $79, to $98. If the bubble is over, why can't we have an uptrend or growth on a more realistic scale? $1/day is not bad. => +$365 per year. :-) (300%) |
|
|
|
|
|
HDSolar
|
|
May 14, 2013, 03:39:26 PM |
|
In 3 days everything that everybody in this thread before me has said will be proven wrong.
Mild resistance at $80, strong resistance at $70. Once 70 is broken there will be almost no resistance down to $50.
From there comes highly volatile times, before a phase of stability for almost 3 months, after which a new bubble will begin to form.
Mid January 2014 will see the peak of the bubble at absolutely insane highs, but with a new asian crypto-coin gaining in popularity the bubble pops before February begins.
Just asking but "new asian crypto-coin" are you talking about one of the new ones now or TBD? |
|
|
|
|
