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Author Topic: [CHART] My prediction for the next month or two  (Read 1933 times)
smoothie
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September 07, 2011, 08:10:44 PM
 #1

Here is my prediction of how price action will be for the next 2 months. Post yours and we can see who is correct.


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           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
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     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
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September 07, 2011, 08:13:34 PM
 #2

He he - pretty suggestive - but at one of these drops will be the bottom, and then very likely it can go sky high pretty quickly again.
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September 07, 2011, 08:14:55 PM
 #3

He he - pretty suggestive - but at one of these drops will be the bottom, and then very likely it can go sky high pretty quickly again.

Let's see who is right.

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     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
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                   ²²²                 
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September 07, 2011, 08:17:49 PM
 #4

I still think there's a possibility for bitcoin to completely die off.
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September 07, 2011, 08:19:07 PM
 #5

I still think there's a possibility for bitcoin to completely die off.

I agree. It could go either way but currently I see no compelling reason for the price to skyrocket. It's not like it is going viral and everyone is using bitcoins right now for online payments.

Once that happens the price will be justifiably going to the moon!

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     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
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September 07, 2011, 08:42:25 PM
 #6

To be honest I don't know - but we have now two things coinciding some mainstream attention (with rather positive articles) plus some uptrend likely for a week or two.  If that uptrend is sustained for long enough to intrigue new people into buying bitcoins - this can make a positive feedback loop.
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September 07, 2011, 08:45:13 PM
 #7

To be honest I don't know - but we have now two things coinciding some mainstream attention (with rather positive articles) plus some uptrend likely for a week or two.  If that uptrend is sustained for long enough to intrigue new people into buying bitcoins - this can make a positive feedback loop.

Better be a huge influx of investors to get the price past $10.70.

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           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
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     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
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                   ²²²                 
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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
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September 07, 2011, 08:53:43 PM
 #8

To be honest I don't know - but we have now two things coinciding some mainstream attention (with rather positive articles) plus some uptrend likely for a week or two.  If that uptrend is sustained for long enough to intrigue new people into buying bitcoins - this can make a positive feedback loop.

Better be a huge influx of investors to get the price past $10.70.
Why $10.70 is of any importance?
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September 07, 2011, 09:06:35 PM
 #9

To be honest I don't know - but we have now two things coinciding some mainstream attention (with rather positive articles) plus some uptrend likely for a week or two.  If that uptrend is sustained for long enough to intrigue new people into buying bitcoins - this can make a positive feedback loop.

Better be a huge influx of investors to get the price past $10.70.
Why $10.70 is of any importance?

It's a resistance level in place. Last rally it couldn't break $12 and hovered at $10.70 for like 10 days then it fell through it and the support level below it and the one below that, etc..

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           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
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     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
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           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
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September 07, 2011, 09:45:44 PM
 #10

Here is my prediction of how price action will be for the next 2 months. Post yours and we can see who is correct.



Why did you draw jagged edges on your chart? If you do now have any evidence for each one of those edges then you might as well just draw a smooth line, since the point that you are trying to get across is that it will go down, down, up, down.

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September 07, 2011, 09:51:07 PM
 #11

Here is my prediction of how price action will be for the next 2 months. Post yours and we can see who is correct.



Why did you draw jagged edges on your chart? If you do now have any evidence for each one of those edges then you might as well just draw a smooth line, since the point that you are trying to get across is that it will go down, down, up, down.

Why does it matter? We both know the market doesnt make nice straight lines all the time.

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 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
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September 08, 2011, 01:53:06 PM
 #12

Here is my prediction of how price action will be for the next 2 months. Post yours and we can see who is correct.



Why did you draw jagged edges on your chart? If you do now have any evidence for each one of those edges then you might as well just draw a smooth line, since the point that you are trying to get across is that it will go down, down, up, down.

Oh, he has evidence...

Because....

HE IS THE MANIPULATOR!!!  Shocked  Shocked  Shocked
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September 08, 2011, 02:17:05 PM
 #13



Butterfly effect Huh

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September 08, 2011, 02:44:49 PM
 #14



Butterfly effect Huh

That looks about right  Grin


Oh, he has evidence...

Because....

HE IS THE MANIPULATOR!!!  Shocked  Shocked  Shocked

He could be. We need to keep vigilant to find the manipulator. Most likely, he is in a cave somewhere.
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September 08, 2011, 02:57:41 PM
 #15

He could be. We need to keep vigilant to find the manipulator. Most likely, he is in a cave somewhere.

I'll alert Team 6...
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September 08, 2011, 06:42:49 PM
 #16

The manipulator is just some person who wants to make money trading many thousands of coins.

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September 08, 2011, 08:38:54 PM
 #17

What manipulator?

It's early September, time when, in the North Hemisphere, people buy books, clothes and all school paraphernalia, an easy "many hundreds to thousands USD, EUR, CAD(...)" expense.
As there're no Bitcoin market to this kind of stuff, yet, people will rush to cash them out causing a low. Nothing out of the extraordinary actually or unexpected. Next week this settles and btc will move up again.
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September 08, 2011, 08:45:45 PM
 #18

What manipulator?

It's early September, time when, in the North Hemisphere, people buy books, clothes and all school paraphernalia, an easy "many hundreds to thousands USD, EUR, CAD(...)" expense.
As there're no Bitcoin market to this kind of stuff, yet, people will rush to cash them out causing a low. Nothing out of the extraordinary actually or unexpected. Next week this settles and btc will move up again.

Such general terms "will move up again". It just move up 10 seconds ago.

I suspect we will see a surprising low we did not expect.

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           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
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BCEmporium
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September 08, 2011, 08:47:17 PM
 #19

"move up" -> steadily increase its price for a considerable time frame.
Not -> "bump and bounce".
wobber
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September 08, 2011, 08:48:24 PM
 #20

What manipulator?

It's early September, time when, in the North Hemisphere, people buy books, clothes and all school paraphernalia, an easy "many hundreds to thousands USD, EUR, CAD(...)" expense.
As there're no Bitcoin market to this kind of stuff, yet, people will rush to cash them out causing a low. Nothing out of the extraordinary actually or unexpected. Next week this settles and btc will move up again.

How many parents do you think there are in here?

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