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Author Topic: Call the top  (Read 14625 times)
rpietila
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November 08, 2013, 10:55:14 AM
 #61

Perhaps about 700-800, then a larger relapse, but the high will be surpassed ever quicker.

20 months to surpass $32,
7 months to beat $266,
perhaps 2-3 months to go over the next record, and $1000, $2000 and beyond.
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November 08, 2013, 11:22:43 AM
 #62

Bear trap later this month as it touches $500 and dips back down to $300~$400 for about 14 days.
Then Christmas & New Year's rally to 12000CNY. Grin
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November 08, 2013, 11:58:33 AM
 #63

$1750 in the next 3-6 months.

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November 08, 2013, 12:14:23 PM
 #64

$388, then a fall back to $200, then up to $250 where we will stay until buttercoin, then back up again.

Lets hope you are right!!
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November 08, 2013, 12:23:33 PM
 #65

365$
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November 08, 2013, 12:26:29 PM
 #66

350/400 it will start to level out for a while, then on the next big media hype induced buying the price will absolutely skyrocket because the big boys will get involved
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November 08, 2013, 12:33:35 PM
 #67

$1000 soon obviously
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November 08, 2013, 04:33:10 PM
 #68

$600-ish

At this rate it doesn't look like we'll make it.

Right now it is looking more sub-$500-ish.

Why do you say this?

I mean, I intuitively believe it... This rally is so fast it seems like insanity. Just wanna know the intelligent analysis Smiley
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November 08, 2013, 04:45:14 PM
 #69

current top will be ....

(lol, i just checked the chart to see what would be a good guess; it is 179 on gox and i wanted to write 180...)

well, 136 € (gox) will be the top
 Wink


lol, bad call.  Cheesy

new try:

it will rise until 750 $ and then crash to 380ish before getting a rest at around 480.


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November 08, 2013, 04:54:46 PM
 #70

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November 08, 2013, 05:16:15 PM
 #71

$600-ish

At this rate it doesn't look like we'll make it.

Right now it is looking more sub-$500-ish.

Why do you say this?

I mean, I intuitively believe it... This rally is so fast it seems like insanity. Just wanna know the intelligent analysis Smiley

I have a way of measuring the amount of 'steam' left in these big rallies based on a theory about how to find the tail limits for price expectation. The indicator I developed from this theory basically shows me when price expectation for a broad segment of the trading population starts to converge. However, the accuracy of the projection is hard to determine as there are very few samples to go by. This is a different method than I had been using to track intermediate price swings, which is driven by a smaller subset of the trading population.

What I am seeing is that the price expectation for a large proportion of traders is converging in the short term.

Meaning what, exactly? Trend reversal?
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November 08, 2013, 05:40:06 PM
 #72

Why would there need to be a drop anyway? We got enough exchanges that even several of them going down probably won't hugely impact things, the SR thing was mostly resolved in a matter of hours, major names are getting on board along with the chinese. Looks to me like it will go up and keep going up.

Also the forum is buggy, this is my first post today and it won't let me post because I supposedly posted just a few minutes ago.

Look inside yourself, and you will see that you are the bubble.
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November 08, 2013, 07:06:52 PM
 #73

Peak at ~ $1750 by Thanksgiving, "crash" to $350 but only stay there a day or two, level off quickly at ~ $600, then slow and relatively boring (ha!) climb to $3000 over 6-8 months.

Alternatively, something completely different could happen, who knows?

Those are just my two Satoshis Wink

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MAbtc
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November 08, 2013, 07:40:42 PM
 #74

Uh oh, did chodpaba say we are starting to run out of steam? I do not take his comments lightly!

chodpaba, what indicators are the basis for your indicator?  Smiley
mvidetto
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November 08, 2013, 08:02:02 PM
 #75

I'm calling the top in the $1k range only because I feel that this bubble will last longer than the previous one and inevitably break the 4 digit barrier.
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November 08, 2013, 08:20:33 PM
 #76

I say 1000+ as well. I'm not going to underestimate the fearlessness of the Chinese when it comes to gambling. Hope there are some dips along the way so I can buy a few more though....
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November 08, 2013, 08:23:26 PM
 #77

For the Chinese to drive the stampede that far they'll have to break through the psychologically-significant (?) 4000 (and 4400 and 4444!) CNY barrier first, or others will have to do it for them. I don't know how important that superstition will be in this market, whether the Chinese are principally investing in bitcoin or gambling/speculating.

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November 08, 2013, 08:24:52 PM
 #78

Top was touched for me at 350. My order autosold there today.

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November 08, 2013, 08:59:04 PM
 #79

i would also love to know what chodpaba thinks. and masterluc too! this is uncharted territory, to be sure. Smiley

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November 08, 2013, 09:01:41 PM
 #80

The top will be 20XX.

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