Arzack (OP)
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February 05, 2014, 08:38:25 AM |
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Zaih
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February 05, 2014, 08:44:57 AM |
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Or you could simply hold? All that history is truly telling us is that Bitcoin is going up.
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TERA
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February 05, 2014, 08:49:11 AM |
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The problem with analyzing bitcoin history is it was all driven by mtgox and its bots. Now the movements are much harder to predict.
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stormbono
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Activity: 27
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February 05, 2014, 09:08:31 AM |
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There is a very good video on youtube, ill try to look it up which gives a perfect explanation for this, it will go up! a so called S curve
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kireinaha
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February 05, 2014, 11:46:26 AM |
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I think OP is right. Market is so boring right now, a lot of the first time investors are going to lose patience and cash out soon to pay the bills or whatever. We'll then see prices drop as coins saturate the market. Same thing happened last time around. I'm holding fiat, and will wait for a nice drop in the coming weeks.
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Night gathers, and now my bitcoinwisdom watch begins.
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segeln
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February 05, 2014, 11:47:56 AM |
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There is a very good video on youtube, ill try to look it up which gives a perfect explanation for this, it will go up! a so called S curve
here it is: Bitcoin 101 - Why Bitcoin's Growth is Normal & The S-Curves You http://www.youtube.com/watch?v=qHUPPYzzZrIgreat video |
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segeln
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February 05, 2014, 11:50:48 AM |
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if history is repeating your graph shows a beginning lateral movenment as is was in 2013. We are since several days in that lateral movement |
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Miz4r
Legendary
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Activity: 1246
Merit: 1000
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February 05, 2014, 12:06:27 PM |
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Back in June/July 2013 people were all making similar charts to compare and correlate the situation with 2011 to show that the price would be going down to $20. It all turned out very different however, and this time I believe it is also not very likely that things will develop exactly like what happened after April. Funny to still see people thinking charts should correlate 100% with history, almost as funny as the people who keep posting the bubble chart after every drop and subsequent rally.
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Bitcoin = Gold on steroids
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Bitbuy
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February 05, 2014, 12:35:52 PM |
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if history is repeating your graph shows a beginning lateral movenment as is was in 2013.
We are since several days in that lateral movement
You know what's coming then  |
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Mythul
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February 05, 2014, 12:42:03 PM |
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Mass adoption is coming. Bitcoin will go up. Don't be stuck holding fiat.
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MatTheCat
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February 05, 2014, 01:10:49 PM |
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The End is coming. Bitcoin will be regulated out of all useful purpose. Bitcoin will go down. Don't be holding Bitcoin.
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flm
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Activity: 29
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February 05, 2014, 01:50:07 PM |
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The End is coming. Bitcoin will be regulated out of all useful purpose. Bitcoin will go down. Don't be holding Bitcoin.
lol, if you think Bitcoin has no future, why are you hanging around this forum?  |
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MatTheCat
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February 05, 2014, 01:54:21 PM |
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The End is coming. Bitcoin will be regulated out of all useful purpose. Bitcoin will go down. Don't be holding Bitcoin.
lol, if you think Bitcoin has no future, why are you hanging around this forum? It wasn't entirely serious. I just get tired of reading all these 'appraisals' and analysis that consist of not much more than what the author wishes would happen. |
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segeln
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February 05, 2014, 02:01:27 PM |
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if history is repeating your graph shows a beginning lateral movenment as is was in 2013.
We are since several days in that lateral movement
You know what's coming then the next upwards movement |
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Rub3n
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February 05, 2014, 02:04:34 PM |
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Or you could simply hold? All that history is truly telling us is that Bitcoin is going up.
Infinite profit loop.  |
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koryu
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February 05, 2014, 05:39:34 PM
Last edit: February 05, 2014, 06:19:27 PM by koryu |
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 i think this chart is interesting, its the logarithmic view, 3 days, btc/$ @ stamp. if we look back this year then it looks more like a solid uptrend than bubbles and crash. now if you say history is repeating then you also say it would hit 10000$ this year? so for the little downtrend inbetween would not be worth selling  |
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Nathanael_
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Activity: 20
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February 05, 2014, 05:52:26 PM |
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chessnut
Legendary
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Activity: 924
Merit: 1001
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February 05, 2014, 11:55:16 PM |
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Here is my elliot wave analysis.   It's really not an obvious E-wave analysis. also, think, after wave 5 up to 5k, will it come back don to the 4th wave? 100-250? I doubt it. I think 500-700 BTC are likely in the near future but after that, the fundamentals will have to catch up, and will that happen? I dont know. |
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GigaCoin
Sr. Member
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Activity: 308
Merit: 251
Giga
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February 06, 2014, 12:01:31 AM |
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