Bitcoin Speculation 2014

[uncrownedking]

After a rocky past week what is your latest PRICE SPECULATION for 2014?

I'm very bullish.

PS: I'm new here. Nice to meet yall!

[MNDan]

Up! Possibly down.

[gollum]

My speculation:

Based on Technical Analysis and market psychology I believe bitcoin will crash and stabilize around 100-200$.
I think levels at 100-200 could be good levels for a speculative Risk-Reward investment long term.
Maybe we get 5000-10,000 $ in a couple of years if bitcoin manages to compete against 1000 of altcoins.

[go4nature]

for investors this crash is gift. 2014 year end th price will reach around $1500 to$2000

[sbabe]

I know about bitcoin when the price is around 40 but now only I just started to invest in btc and this crash. I am hoping it will reach $900 again soon. Otherwise i will face huge loss.

[angrynerd88]

The days of $1000-1400 BTC are over. LTC will never see triple digits.

Just my guess, With such long transaction times for BTC why would the value go up when so many new coins with faster speeds and better technology are available?

BTC will sit around $800 for 2014.

my guess is, we will see btc around the price  from 400 or, 500 to 1000 this year. Unless there is another bubble, but I doubt. Golden age is iover boys

[tk808]

My speculation:

Based on Technical Analysis and market psychology I believe bitcoin will crash and stabilize around 100-200$.
I think levels at 100-200 could be good levels for a speculative Risk-Reward investment long term.
Maybe we get 5000-10,000 $ in a couple of years if bitcoin manages to compete against 1000 of altcoins.

This is why i hate technical analysis of markets, but it's a necessary evil in certain scenarios suchas when i traded on FOREX, real world markets. At this very moment, this type of analysis does not pertain to bitcoin or any digital currency.


You are forgetting the social aspect that are behind bitcoin now, and that's people. It's a whole different playing field then 1 year ago when it was a bandits currency.


In summary: you can't apply a technical analysis when something changes as drastic as bitcoin, the adoption is still growing and becoming more widely accepted worldwide. Bitcoin is still very unknown to the masses.

[rat]

In summary: you can't apply a technical analysis when something changes as drastic as bitcoin, the adoption is still growing and becoming more widely accepted worldwide. Bitcoin is still very unknown to the masses.

this.

[Mythul]

$10.000 to the moon anybody ?

[miketonic]

I'm quite sure it will go up or down or stay the same

[Wekkel]

In summary: you can't apply a technical analysis when something changes as drastic as bitcoin, the adoption is still growing and becoming more widely accepted worldwide. Bitcoin is still very unknown to the masses.

this.

This does not mean that Bitcoin will never have a slow period like 2011/2012 again.

[gollum]

My speculation:

Based on Technical Analysis and market psychology I believe bitcoin will crash and stabilize around 100-200$.
I think levels at 100-200 could be good levels for a speculative Risk-Reward investment long term.
Maybe we get 5000-10,000 $ in a couple of years if bitcoin manages to compete against 1000 of altcoins.

This is why i hate technical analysis of markets, but it's a necessary evil in certain scenarios suchas when i traded on FOREX, real world markets. At this very moment, this type of analysis does not pertain to bitcoin or any digital currency.


You are forgetting the social aspect that are behind bitcoin now, and that's people. It's a whole different playing field then 1 year ago when it was a bandits currency.


In summary: you can't apply a technical analysis when something changes as drastic as bitcoin, the adoption is still growing and becoming more widely accepted worldwide. Bitcoin is still very unknown to the masses.

Technical Analysis is about FACTS (actual trades)
what we say about the future is always SPECULATIONS but I prefer to base my speculation on FACTS rather than OPINIONS and IDEALISM.

[tk808]

My speculation:

Based on Technical Analysis and market psychology I believe bitcoin will crash and stabilize around 100-200$.
I think levels at 100-200 could be good levels for a speculative Risk-Reward investment long term.
Maybe we get 5000-10,000 $ in a couple of years if bitcoin manages to compete against 1000 of altcoins.

This is why i hate technical analysis of markets, but it's a necessary evil in certain scenarios suchas when i traded on FOREX, real world markets. At this very moment, this type of analysis does not pertain to bitcoin or any digital currency.


You are forgetting the social aspect that are behind bitcoin now, and that's people. It's a whole different playing field then 1 year ago when it was a bandits currency.


In summary: you can't apply a technical analysis when something changes as drastic as bitcoin, the adoption is still growing and becoming more widely accepted worldwide. Bitcoin is still very unknown to the masses.

Technical Analysis is about FACTS (actual trades)
what we say about the future is always SPECULATIONS but I prefer to base my speculation on FACTS rather than OPINIONS and IDEALISM.

Tech Analysis can't see the future, it only predicts based on past and the present outcomes. The most important variable is not factored into the equation, that is the social-world (every single tiny detail that has to do with human interaction).

To a degree a graph is telling us the social-world-history of bitcoin, but it's not telling us the seeds that have been planted and are growing as we speak.


I'm tired right now, maybe you can understand the reason in my logic when you apply something like this to bitcoin. I'm not knocking tech analysis or the facts it states, because i do believe in the concept... but, it does not pertain to this particular scenario. Bitcoin is still a baby and growing up, not a full matured stock the minute it was launched on an exchange.

[rat]

Technical Analysis is about FACTS (actual trades)
what we say about the future is always SPECULATIONS but I prefer to base my speculation on FACTS rather than OPINIONS and IDEALISM.

and what would your facts have predicted about Bitcoin in 2009?

go away.

[Lauda]

Technical Analysis is about FACTS (actual trades)
what we say about the future is always SPECULATIONS but I prefer to base my speculation on FACTS rather than OPINIONS and IDEALISM.

and what would your facts have predicted about Bitcoin in 2009?

go away.

Ignorant fools trying to look smart. Facts != trades. You're wrong and so are your speculations.
Looking at '09 and his way of thinking, btc would have died off back then.

[OliverEngland]

At least double what it is now.

[TERA]

The logarithmic chart is way overbought. We could use a healthy retracement, like this:

[magicmexican]

So when it drops to 16, will you buy this time or will be scared to death and miss the chance once again?

[MANofthePEOPLE]

The days of $1000-1400 BTC are over. LTC will never see triple digits.

Just my guess, With such long transaction times for BTC why would the value go up when so many new coins with faster speeds and better technology are available?

BTC will sit around $800 for 2014.

What coins could take bitcoins place as #1?

[Hyena]

So when it drops to 16, will you buy this time or will be scared to death and miss the chance once again?

+1

if it drops to 16 why would you buy? maybe it's heading for 0.16?  you dumb bears only generate butthurt for yourself.