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Author Topic: Speculation for the month of December  (Read 3740 times)
alpha492 (OP)
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December 06, 2013, 09:16:45 PM
 #1

Its been a rough month for cryptocurrency, although I'm by no means a Bitcoin "doomsayer" I think the markets are only going to get rougher into late December, check out our monthly analysis at wallstreetcrypto.com.

http://www.wallstreetcrypto.com/2013/12/are-we-out-of-woods-yet-bitccoin-market.html

Some evidence based analysis as apposed to the more common "I saw a red candle" based comments.

samsam
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December 06, 2013, 09:26:04 PM
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Good analysis. Rough times ahead.   Embarrassed
alpha492 (OP)
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December 07, 2013, 02:51:40 AM
 #3

About tonight:

I hate to say I told you so, but I do appreciate the return views on our site so...  I told you so.

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December 07, 2013, 05:50:31 AM
 #4

Do you think the upcoming bitcoin conferences will give some resistance to the deceleration?

Bitrated user: ChrisCarreon.
alpha492 (OP)
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December 07, 2013, 06:23:05 AM
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Do you think the upcoming bitcoin conferences will give some resistance to the deceleration?

I tried to take into consideration market growth and publicity but variables like that are difficult to translate directly into pricing, but I think what were seeing is a natural deceleration fighting the forces of introductory growth.  Public interest is still growing in bitcoin but this down-swing is overdue and I'm glad its finally here.  I think a bounce back from this will shut all the cryptocurrency "doomsayer" bubble peddling idiots up for a little bit at least.

Sorry in advance for my little tantrum  Tongue

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December 07, 2013, 07:40:03 AM
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Bitcoin is dead. $5 by the end of the weekend.

/troll
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December 07, 2013, 12:34:54 PM
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Bitcoin is dead. $5 by the end of the weekend.

/troll

Bitcoin is history in the making, this won't happen.


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alpha492 (OP)
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December 08, 2013, 03:01:45 PM
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Bitcoin is dead. $5 by the end of the weekend.

/troll

Bitcoin is history in the making, this won't happen.

Agreed, you should check our our article "A Vision of the Future of Bitcoin and Cryptocurrency".  I'm not sure Bitcoin will be around forever but crypto is here to stay imo.

alpha492 (OP)
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December 18, 2013, 10:19:58 AM
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remember me Cheesy


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December 18, 2013, 11:37:48 AM
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Thanks for posting please post more in future. Do people think it would go to $200 or so?
alpha492 (OP)
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December 18, 2013, 12:03:52 PM
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Thanks for posting please post more in future. Do people think it would go to $200 or so?

It looks like were going to stay above $300 momentum on the longer intervals seems to be flipping around

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December 18, 2013, 06:17:20 PM
 #12

Nice call on the December forecast. Whats your speculation for the price on New Years eve?

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December 18, 2013, 06:42:00 PM
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I speculate for the month of December Bulls will win, Bears will win, and pigs will get slaughtered.

If you like my post please feel free to give me some positive rep https://bitcointalk.org/index.php?action=trust;u=18639
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alpha492 (OP)
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December 19, 2013, 10:01:23 AM
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Nice call on the December forecast. Whats your speculation for the price on New Years eve?

Hard to call at this point, I plan on publishing a new monthly analysis toward the end of December but we really really have to see if the long interval downward momentum flips around.  Right now were about at the tipping point so keep an eye on wallstreetcrypto, and we'll having something up soon!

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December 19, 2013, 10:08:49 AM
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Nice call on the December forecast. Whats your speculation for the price on New Years eve?

Hard to call at this point, I plan on publishing a new monthly analysis toward the end of December but we really really have to see if the long interval downward momentum flips around.  Right now were about at the tipping point so keep an eye on wallstreetcrypto, and we'll having something up soon!

Can you see a drop?
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December 19, 2013, 10:24:32 AM
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Seems to always drop early in the week to mid week and start a rally Thursday through to the weekend?
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December 19, 2013, 10:31:38 AM
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Myeah, gonna tune out for the rest of December and wait it out. No good can come from acting upon this (except maybe buying)
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December 19, 2013, 10:34:11 AM
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Nice call on the December forecast. Whats your speculation for the price on New Years eve?

Hard to call at this point, I plan on publishing a new monthly analysis toward the end of December but we really really have to see if the long interval downward momentum flips around.  Right now were about at the tipping point so keep an eye on wallstreetcrypto, and we'll having something up soon!

Can you see a drop?

$550, 'Maybe' a brief dip to low $500's somewhere between now and Christmas.

I would like to see it go back to $400 and grab a bunch at that price. I missed it yesterday. I just don't see it going that low again, ever.
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December 19, 2013, 11:03:59 AM
 #19

Where to generate our own "fibonacci retracement charts" ?

Crypto news/tutorials >>CoinRamble<<                            >>Netcodepool<<                >>My graphics<<
alpha492 (OP)
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December 19, 2013, 10:39:02 PM
 #20

Nice call on the December forecast. Whats your speculation for the price on New Years eve?

Hard to call at this point, I plan on publishing a new monthly analysis toward the end of December but we really really have to see if the long interval downward momentum flips around.  Right now were about at the tipping point so keep an eye on wallstreetcrypto, and we'll having something up soon!

Can you see a drop?

I think it's pretty likely we'll see another bloodbath before the end of the month.

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