Call the top

[wobber]

So should I buy back? I don't want this rocket take off without me!

[600watt]

So should I buy back? I don't want this rocket take off without me!

i´d buy back. (hell, why have you sold ?)

[wobber]

So should I buy back? I don't want this rocket take off without me!

i´d buy back. (hell, why have you sold ?)

The order was  put at 350 since 120s...

[HeliKopterBen]

Probably retest of 266 and subsequent trading range before next blastoff

[simplydt]

Spike to $500 and then a price correction.

[greaterninja]

i call price correction 360-620.


All time high, look at the spike...its going to crash hard, then pick up.

[David M]

I have 3 targets for this bull run.

$372
$558
$744

[bitboyben]

$444->$333->$777->$888

3-6 months $2468

[Walsoraj]

The top is $422.

/end of discussion

[Miz4r]

My thoughts:

$349 on Bitstamp
$396 on Gox
2525 on BTCChina

At least the top of this rally, after a couple weeks of retracements and consolidation a new rally will begin.

[windjc]

I have 3 targets for this bull run.

$372
$558
$744

Where do those #s come from?

[David M]

I have 3 targets for this bull run.

$372
$558
$744

Where do those #s come from?

The double, triple and quadruple of the 3 month weekly weighted moving average. ($186)

YMMV.

[superduh]

1200

[beckspace]

Thinking about the psychological barriers of $1.000,00 (one thousand) and $1,00 (dolar parity), I went back 10^3 to see this earliest bitcoin bubble (oct-nov/2010):



10^3 later, the prices can rise to $500 ($0,50), drop to $150 ($0,15), and stabilize at $300 ($0,30), preparing the path to $1.000 ($1,00) during the following months.

Given some projections, actually it seems that it can go way higher, but $1.300,00 is the price of an ounce of gold, and that it's THE ultimate psychological barrier. It feels too early in the game to come close to that price.

[bitleif]

The selling will start at $500 (for my part). And I will probably regret it afterwards.

[Mageant]

I say $650.

[nobbynobbynoob]

I say $650.

I am mildly concerned over the Chinese superstition regarding the number four (as in four yuan per mBTC) at this price point, so that's not a bad guess. Or maybe they won't care about that and just buy all the way through as quickly as possible.

[bzzard]

266*(266/31) = 2282

[nobbynobbynoob]

266*(266/31) = 2282

I like this notion, but there is one subtle difference in that we retested ATH after only seven months instead of two years or so. That said, the exponential trend line offers a (very) rough guide as to future expectations and overbought versus oversold conditions. $1/mBTC is due in the back half of 2014, so it looks rather bubbleicious should that arrive much sooner. History suggests weekly price doubling, even for bitcoin, isn't sustainable so I'm making considerations about diversification and when/if/how to go short. There's a bit more money at stake now than during the 260 runup.

[Miz4r]

My thoughts:

$349 on Bitstamp (actual top: $363.65)
$396 on Gox (actual top: $395)
2525 on BTCChina (actual top: 2630)

At least the top of this rally, after a couple weeks of retracements and consolidation a new rally will begin.

Looks like the top is in, perhaps not THE top but for the coming days and weeks I don't think we're going to retest these ATHs again. My targets were too low for BTCChina and Bitstamp but MtGox is pretty damn close.