Smoothie's Prediction of timing of next capitulation event etc

[smoothie]

Accusations being made here and despite proof given by me, said noob troll (wuttwutt) still fails at making a valid point.

PURE ENTERTAINMENT. LOL!!!!  

[1715025344]

1715025344

[1715025344]

1715025344

[1715025344]

1715025344

[1715025344]

1715025344

[WuttWutt]

Accusations being made here and despite proof given by me, said noob troll (wuttwutt) still fails at making a valid point.

PURE ENTERTAINMENT. LOL!!!!  

lol

[smoothie]

Accusations being made here and despite proof given by me, said noob troll (wuttwutt) still fails at making a valid point.

PURE ENTERTAINMENT. LOL!!!!  

lol

ROFL! 

[smoothie]

Smoothie,
I think capitulation is settling in and the rise will be much slower.

Do you want to do a 2 BTC bet on the ATH prediction?

I don't see how we'll hit a new ATH by July 2014, honestly. I think it'll be at least a year out.

We'd just need a mutually-agreed upon exchange or price indicator and an escrow.

I'd be tempted to take that bet.

I'll take this bet. Meaning 2 BTC goes to me if Bitstamp or BTC-e hit an ATH on their respective exchanges based on the past price history on those exchanges on or before July 31st, 2014. If the price on BTC-e goes higher than its ATH as recorded on the charts etc and same goes for Bitstamp, I win. Otherwise I lose and 2 BTC goes to you.

BTC-e ATH = $1095.20

BITSTAMP ATH = $1163.00



THIS IS A MANDATORY ESCROW BET. ESCROW WILL BE SALTYSPITOON.

I'll do this bet with one person only.

First one to accept the terms I've listed above will be the one I bet with.

@Wuttwutt, you can take this bet if you have a set. lol

[shmadz]

Next Capitulation to occur between now and Mid April 2014.

Soon there after price will rise steadily to reach new ATH's by mid June 2014.

After that is all "CHOOOOOOOOO CHOOOOOOO".

Capitulation is a tough word to define.

Does it mean that we will reach lower than 450? for a prolonged period? 350? 250?

I would like to think that this thing will slide for a while, but picking bottoms is a dirty business,

I set my bids weeks ago, and the ones that get hit, I sometimes take the proceeds and place some asks to hedge against another dip, but I currently have no asks below 800. I think the move, when it comes, will be swift and violent.

I'm just curious, how low do you think final capitulation could be?

[Chaz]

Not sure how many bad/good calls you make Smoothie, but I remember this one, here's a toot toot!

https://bitcointalk.org/index.php?topic=169171

[smoothie]

Next Capitulation to occur between now and Mid April 2014.

Soon there after price will rise steadily to reach new ATH's by mid June 2014.

After that is all "CHOOOOOOOOO CHOOOOOOO".

Capitulation is a tough word to define.

Does it mean that we will reach lower than 450? for a prolonged period? 350? 250?

I would like to think that this thing will slide for a while, but picking bottoms is a dirty business,

I set my bids weeks ago, and the ones that get hit, I sometimes take the proceeds and place some asks to hedge against another dip, but I currently have no asks below 800. I think the move, when it comes, will be swift and violent.

I'm just curious, how low do you think final capitulation could be?

Low could be $375 to $425.

[smoothie]

Not sure how many bad/good calls you make Smoothie, but I remember this one, here's a toot toot!

https://bitcointalk.org/index.php?topic=169171

Looks like another correct call.  

I totally forgot about this one. Thanks for reminding me!

[seleme]

Smoothie had some good long term calls. Lucky bastard bought loads of LTC for cheap 

[smoothie]

Smoothie had some good long term calls. Lucky bastard bought loads of LTC for cheap 

You still got a chance to get both BTC and LTC on the cheap.

Window of opportunity is now until several weeks from now. If I had to guess.

[Einewton]

You still got a chance to get both BTC and LTC on the cheap.

Window of opportunity is now until several weeks from now. If I had to guess.

Based on your extreme high level assessment that looks to me as a glass ball, you must have a formula somewhere to base where you see the market headed...

So i've gone past all of your predictions and I think I know how your coming up with this.. Obviously cannot count the years of experience. (3 years of experience equates to 15 years on wall street)

Everyone, He's onto something here... I'm sure he is not going to give you details, just do your research, and do your due diligence.

Thanks for the heads up smoothie.

[zhangweiwu]

Sorry for this extremely noob question.... but I've always been a bit confused about this...

When someone mentions a "capitulation event" I know that it means in the finance world a selloff. however, in the bitcoin world, here on these forums, when people mention a "capitulation event" does that mean the bitcoin price rises exponentially because people are selling off their USD dollars, or do they actually mean that a "capitulation event" here means a big selloff of bitcoins resulting in the price dropping?

i love the way you put it. Many here seems to forget we buy bitcoin because we do not trust fiat, and there should be a day we surrender all fiat in fear. Nice way to use the word capitulation.

[smoothie]

Sorry for this extremely noob question.... but I've always been a bit confused about this...

When someone mentions a "capitulation event" I know that it means in the finance world a selloff. however, in the bitcoin world, here on these forums, when people mention a "capitulation event" does that mean the bitcoin price rises exponentially because people are selling off their USD dollars, or do they actually mean that a "capitulation event" here means a big selloff of bitcoins resulting in the price dropping?

i love the way you put it. Many here seems to forget we buy bitcoin because we do not trust fiat, and there should be a day we surrender all fiat in fear. Nice way to use the word capitulation.

Yes I buy BTC and LTC because I do not like keeping it in the bank, exchange, or in cash.

Not to say that cash is a bad thing to have. I just don't want all my net worth in paper assets.

[igorr]

Bitcoin go to 150-250 usd

[Cassius]

agreed, two months is too wide a range, we're in a major period of price discovery at the moment, and I expect we'll find capitulation within the next week. Two months is pretty much guaranteed.

Wouldn't surprise me if Goxxing continued for a while yet, overshadowing just about everything else. Until Karpeles completes his self-evisceration (at least to the satisfaction of the market, which then has some certainty) nothing's going to be clear.

[EuroTrash]

Not sure how many bad/good calls you make Smoothie, but I remember this one, here's a toot toot!

https://bitcointalk.org/index.php?topic=169171

Er... I believe he also made a call for 300$/btc mid April last year. Or was it 500?
That one didn't go well.

[threecats]

Smoothie -

Care to make a prediction, will bitcoinbuilder participants get their coins out of Gox?  : -)

[smoothie]

Smoothie -

Care to make a prediction, will bitcoinbuilder participants get their coins out of Gox?  : -)

Best case scenario - GOX turns on withdrawals with limits of 1 BTC per day and 10 btc per month.

[Tirapon]

Smoothie had some good long term calls. Lucky bastard bought loads of LTC for cheap  

If you want cheap LTC, you can buy them for ~$13.75 at the moment. I'd be surprised to see them go for less than $10 (although I wouldn't rule it out completely). I don't wanna hear any complaints around here when we break the ~$50 ATH with people saying 'LTC is too expensive, its not fair!' - you've got plenty of time to stock up now.

[threecats]

Smoothie -

Care to make a prediction, will bitcoinbuilder participants get their coins out of Gox?  : -)

Best case scenario - GOX turns on withdrawals with limits of 1 BTC per day and 10 btc per month.

That's what worries me about  the BTC builder,if one does not have a personal Gox acct it might take forever to get coins out of the BTC builders Gox account because there will be so many in the same boat ...

Unless of course someone then sets up an arbitrage website to get coins out of BTC builder : -)