Analysis

[samson]

I thought I'd check your Casino site out but the IP address is blocked by malwarebytes for some reason.

Maybe it flags up all gambling sites ?

Well, I see my hoster has long history. He doesnt care about copyright and gambling abuses. I should change ip. This is not single false positive

Maybe you could reverse proxy it from a different host or put it behind something like CloudFlare if they allow Casino sites.

[1714951282]

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[1714951282]

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[1714951282]

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[zby]

Are we starting extension of extension of extension?

[masterluc]

Need to short some coins... Price went too far in short term.

[samson]

Need to short some coins... Price went too far in short term.

I've sold nearly all of mine already

[oda.krell]

I'm trying to be cautious, and have my finger "on the trigger" so to speak, but I don't see the necessity to sell quite yet.

(This is the part that you can quote and come back to later when I'm going to have to eat my words )

Anyway, I expect lots of resistance on the way up, at all kind of "psychological" barriers (200 mtgox. 200 on real exchanges. 250. etc.) But I don't see that *big* correction yet, i.e. something comparable to the April 10 one.

Why?

Keep in mind the starting point: the March/April "super bull run" started at around 35 or 50 (both are reasonable starting points IMO). Price *quadrupled*, and more, before the April 10 correction took place.

Where did we "start" this time? I'm sure you'll agree, even if you're conservative, that 130 was a fairly stable price over the last month or so (with the exception of course of the SR flash crash).

So my point is, going from 130 to 190/200 (where we are now) is nothing like the movement from 35/50 to 250+ like we saw in April.

tl;dr Smaller corrections will happen. But the trend is still up, IMO.

[molecular]

I'm trying to be cautious, and have my finger "on the trigger" so to speak, but I don't see the necessity to sell quite yet.

(This is the part that you can quote and come back to later when I'm going to have to eat my words )

Anyway, I expect lots of resistance on the way up, at all kind of "psychological" barriers (200 mtgox. 200 on real exchanges. 250. etc.) But I don't see that *big* correction yet, i.e. something comparable to the April 10 one.

Why?

Keep in mind the starting point: the March/April "super bull run" started at around 35 or 50 (both are reasonable starting points IMO). Price *quadrupled*, and more, before the April 10 correction took place.

Where did we "start" this time? I'm sure you'll agree, even if you're conservative, that 130 was a fairly stable price over the last month or so (with the exception of course of the SR flash crash).

So my point is, going from 130 to 190/200 (where we are now) is nothing like the movement from 35/50 to 250+ like we saw in April.

tl;dr Smaller corrections will happen. But the trend is still up, IMO.

Something's off here: We haven't even broken all-time-high and yet you put the starting point of the last "super bull run" above the $32 (the old all-time-high from back then). This would mean we haven't even started yet.

I'd rather put the start of the last run to around $15 to $20 (January '13).

In that sense I agree: there will be many corrections along the way, but the top is a looong way off.

[masterluc]

I mean short term short possibilities. Very risky. I dont think selling everything during them is a good idea. Trend is goddamn bullish and it is very dangerous.

[oda.krell]

Something's off here: We haven't even broken all-time-high and yet you put the starting point of the last "super bull run" above the $32 (the old all-time-high from back then). This would mean we haven't even started yet.

I'd rather put the start of the last run to around $15 to $20 (January '13).

In that sense I agree: there will be many corrections along the way, but the top is a looong way off.

I should have clarified: I see a clear step up at those price points from bitcoin's "regular" exponential growth to, well, super-exponential growth.

[thefiniteidea]

[masterluc]

Besides, my midterm count 2 (posted half year ago) materialized in full (except 3 was a bit higher)

[prophetx]

makes sense right 

[notme]

makes sense right 

OMG, I can see the future!

[beekeeper]

makes sense right 

ni hao, lol
There are some studies on arxiv claiming that 4 year old kids outperform top brokers, so..

[keystroke]

makes sense right 

ni hao, lol
There are some studies on arxiv claiming that 4 year old kids outperform top brokers, so..

Citation? Would love to check that out.

[kehtolo]

Besides, my midterm count 2 (posted half year ago) materialized in full (except 3 was a bit higher)

So.. where to next??

[Zarathustra]

Besides, my midterm count 2 (posted half year ago) materialized in full (except 3 was a bit higher)

So.. where to next??

Next to the red 5, anywhere above wave 3. Market Capitalization (weekly) is already at a new alltime high:

http://blockchain.info/charts/market-cap?showDataPoints=false&timespan=&show_header=true&daysAverageString=7&scale=0&address=

[kehtolo]

So.. where to next??
[/quote]

Next to the red 5, anywhere above wave 3. Market Capitalization (weekly) is already at a new alltime high:

http://blockchain.info/charts/market-cap?showDataPoints=false&timespan=&show_header=true&daysAverageString=7&scale=0&address=
[/quote]

..So it is! Wow.. crazy times. Go bitcoin!!!

[masterluc]

Next to the red 5, anywhere above wave 3. Market Capitalization (weekly) is already at a new alltime high:

http://blockchain.info/charts/market-cap?showDataPoints=false&timespan=&show_header=true&daysAverageString=7&scale=0&address=

Everyone probably need to know where price will go after red 5... But I dont wanna scary you before time will come =)

[Zarathustra]

Next to the red 5, anywhere above wave 3. Market Capitalization (weekly) is already at a new alltime high:

http://blockchain.info/charts/market-cap?showDataPoints=false&timespan=&show_header=true&daysAverageString=7&scale=0&address=

Everyone probably need to know where price will go after red 5... But I dont wanna scary you before time will come =)

To wave C, anywhere above USD 32.-?

[zby]

Besides, my midterm count 2 (posted half year ago) materialized in full (except 3 was a bit higher)

It was not 3 - it was just the first wave of 3

At this growth it really does not make sense to use linear scale.