My Prediction Thread

[BitPirate]

Gox is oversold. All the markets in China are higher than Gox -- which makes for a change as they usually settle closer when given enough time.

I can see that plenty of bids are entering order books as people want to buy back, but they are a fair bit off the current price. As confidence returns on Mon/Tues, they will be moved up to market price and back up we will go.

Price won't be able to rise above $110 or so though -- it will take quite some time for confidence to fully return; perhaps a minimum of two weeks. Things will get going though. It's a great buying opportunity (as usual ;-) )

That confidence just takes time, not necessarily lower prices as some would believe.

Using the exchange rate of USD/YUAN, what is the comparable price on Chinese markets? Additionally, your English is excellent 

$104 - $105 ATM ：-）

[Jozzaboy]

Gox is oversold. All the markets in China are higher than Gox -- which makes for a change as they usually settle closer when given enough time.

I can see that plenty of bids are entering order books as people want to buy back, but they are a fair bit off the current price. As confidence returns on Mon/Tues, they will be moved up to market price and back up we will go.

Price won't be able to rise above $110 or so though -- it will take quite some time for confidence to fully return; perhaps a minimum of two weeks. Things will get going though. It's a great buying opportunity (as usual ;-) )

That confidence just takes time, not necessarily lower prices as some would believe.

Using the exchange rate of USD/YUAN, what is the comparable price on Chinese markets? Additionally, your English is excellent 

$104 - $105 ATM ：-）

Thanks mate. Time to empty my accounts of fiat I think!

[BitPirate]

:-) You can see all the China markets and the USD prices here: http://btckan.com/price (USD is the second column from the left).

Sorry for the OT posts :-)

[Jozzaboy]

:-) You can see all the China markets and the USD prices here: http://btckan.com/price (USD is the second column from the left).

Sorry for the OT posts :-)

It's all in Han  . Thank god for Babelfish... 

[Abandon]

I predict up from here, there will be some small corrections, but mostly up, really far up. The sky is the limit. For now.

[Jozzaboy]

I'm feeling it too. Minimum high of 120, maximum of 135.

A lot of good news recently but the market has been bottoming out from sell pressure of whales. Confidence will come back.

[ft73]

I'm feeling it too. Minimum high of 120, maximum of 135.

A lot of good news recently but the market has been bottoming out from sell pressure of whales. Confidence will come back.

If it's going to 135$ then it's going to 150$.
For now we have to work out 112$ to 115$, which should be a though range.
Failing to break within a few days we'd go back to 105$ and lower..

[Abandon]

It looks like we're in a Cup and Handle formation, we're at the handle part at the moment. If this is a Cup and Handle formation, we can expect a rally upward anytime within an hour or so. Perhaps in a few minutes.

[Jozzaboy]

I hope so. My hand is strong but i'm eager to short if I end up with more bitcoins.

[ElectricMucus]

It looks like we're in a Cup and Handle formation, we're at the handle part at the moment. If this is a Cup and Handle formation, we can expect a rally upward anytime within an hour or so. Perhaps in a few minutes.

Your thesis is almost out of time, you are grasping the last straw.

[Abandon]

With the recent breakout, and Mt. Gox halting withdrawals, it looks like we can see 120 or above by today or tomorrow.

Crossed the EMA's:

[Abandon]

http://www.thegenesisblock.com/want-to-know-where-btc-prices-are-going-watch-usd/

Bitcoin overlayed with the USD Index:


https://www.tradingview.com/e/dqFoObff/#

[FiatKiller]

Perhaps when posting in this thread you should put the Mt Gox Weighted Average as a reference.  $111.65

[Abandon]

Perhaps when posting in this thread you should put the Mt Gox Weighted Average as a reference.  $111.65

I Added the VWAP to it, if that's what that is.

[Jozzaboy]

How interesting... so we are very undervalued with the MTGox PR hiccup and 'real' value is somewhere around 125+?

Rpetiela, Rpetiela... Rpetiela. What is the price on 12/31/13?