Smoothie's Prediction of timing of next capitulation event etc

[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".

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[Torque]

Seriously? 

Sorry smoothie, but a guy that's been around these boards since 2011 and the best TA you can come up with is a freakin' 2-month range for final capitulation?  My 13 year old daughter could have surmised that just from looking at a few historical charts for about 5 minutes.

Nail it down to the exact week and I'll be impressed.   

[delaro]

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".

So you gave us a two month time frame... can you be any more specific?

[smoothie]

Seriously?  

Sorry smoothie, but a guy that's been around these boards since 2011 and the best TA you can come up with is a freakin' 2-month range for final capitulation?  My 13 year old daughter could have surmised that just from looking at a few historical charts for about 5 minutes.

Nail it down to the exact week and I'll be impressed.    

Lol please bring your daughter to the forum and have her do it.

Talk is cheap as usual.

Perhaps you missed my recent call on gox 3 weeks prior to their withdrawal halt or my $600 prediction where I put up 2 BTC and won.



I'm not here to impress you as the world doesn't revolve around you. Lol

[DebitMe]

Seriously?  

Sorry smoothie, but a guy that's been around these boards since 2011 and the best TA you can come up with is a freakin' 2-month range for final capitulation?  My 13 year old daughter could have surmised that just from looking at a few historical charts for about 5 minutes.

Nail it down to the exact week and I'll be impressed.    

Lol please bring your daughter to the forum and have her do it.

Talk is cheap as usual.

Perhaps you missed my recent call on gox 3 weeks prior to their withdrawal halt or my $600 prediction where I put up 2 BTC and won.



I'm not here to impress you as the world doesn't revolve around you. Lol

I respect your advice, so your saying I should HODL?

[Torque]

Seriously?  

Sorry smoothie, but a guy that's been around these boards since 2011 and the best TA you can come up with is a freakin' 2-month range for final capitulation?  My 13 year old daughter could have surmised that just from looking at a few historical charts for about 5 minutes.

Nail it down to the exact week and I'll be impressed.    

Lol please bring your daughter to the forum and have her do it.

Talk is cheap as usual.

Perhaps you missed my recent call on gox 3 weeks prior to their withdrawal halt or my $600 prediction where I put up 2 BTC and won.



I'm not here to impress you as the world doesn't revolve around you. Lol

Hey man, not trying to pick a fight.  But if I predicted a full two month window for capitulation (which in my mind, it'll happen within the next 15 days) and posted that on this board I would have absolutely been laughed at. A lot of other members with very little TA skills have already surmised that.  

[MAbtc]

But if I predicted a full two month window for capitulation (which in my mind, it'll happen within the next 2 weeks) and posted that on this board I would have absolutely been laughed at.

Many do not believe a capitulation event is coming from this point forward, so to assert that one is coming is substantive, I think.

[smoothie]

Seriously?  

Sorry smoothie, but a guy that's been around these boards since 2011 and the best TA you can come up with is a freakin' 2-month range for final capitulation?  My 13 year old daughter could have surmised that just from looking at a few historical charts for about 5 minutes.

Nail it down to the exact week and I'll be impressed.    

Lol please bring your daughter to the forum and have her do it.

Talk is cheap as usual.

Perhaps you missed my recent call on gox 3 weeks prior to their withdrawal halt or my $600 prediction where I put up 2 BTC and won.



I'm not here to impress you as the world doesn't revolve around you. Lol

I respect your advice, so your saying I should HODL?

I'm saying I'm going to and expect to have cheaper coins in the next month or two.

[kireinaha]

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.

[sgbett]

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.

feb 29th it will be 5 figures

[cbutters]

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?

[kireinaha]

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?

it means finding the price floor... the lowest price level that bitcoin will settle at before the prices begin to rise again (hopefully to next rally)

[aminorex]

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.

feb 29th it will be 5 figures

2015 has no 29th

[zoinky]

Solid advice here.

[smoothie]

Seriously?  

Sorry smoothie, but a guy that's been around these boards since 2011 and the best TA you can come up with is a freakin' 2-month range for final capitulation?  My 13 year old daughter could have surmised that just from looking at a few historical charts for about 5 minutes.

Nail it down to the exact week and I'll be impressed.    

Lol please bring your daughter to the forum and have her do it.

Talk is cheap as usual.

Perhaps you missed my recent call on gox 3 weeks prior to their withdrawal halt or my $600 prediction where I put up 2 BTC and won.



I'm not here to impress you as the world doesn't revolve around you. Lol

Hey man, not trying to pick a fight.  But if I predicted a full two month window for capitulation (which in my mind, it'll happen within the next 15 days) and posted that on this board I would have absolutely been laughed at. A lot of other members with very little TA skills have already surmised that.  

I could care less if you laugh at me.

If you didn't mean to pick a fight you perhaps did not need to involve your daughter in our discussion as a mature adult would not need to use their child to get a point across to another adult. 

[smoothie]

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.

I love how everyone is so sure about what is to come.

Remember I just made a 2 BTC bet that Bitcoin price would hit $600 by march 22nd 2014 and many didn't think it would happen.

A week later it did.

 

I don't presume to know everything but I am making my call (as wide a range as I picked) and making it publicly known for fun.

[MAbtc]

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.

A week? That's pretty optimistic even for a bear.

I think we still may see some bounce from oversold conditions. This still on target for now:



But TA takes a back seat to repeated Goxxing. We'll see what happens upon another update re: withdrawals and how closely Stamp follows...

[fonzie]

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.

A week? That's pretty optimistic even for a bear.

I think we still may see some bounce from oversold conditions. This still on target for now:



But TA takes a back seat to repeated Goxxing. We'll see what happens upon another update re: withdrawals and how closely Stamp follows...

  My long positions are set up to close almost exactly between you´re two red circles(613-645). Bid walls on Finex are already pilling up, after that another round of shorting. MAX PROFIT!

[Raize]

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.

[goxed]

Seriously?  

Sorry smoothie, but a guy that's been around these boards since 2011 and the best TA you can come up with is a freakin' 2-month range for final capitulation?  My 13 year old daughter could have surmised that just from looking at a few historical charts for about 5 minutes.

Nail it down to the exact week and I'll be impressed.    

Lol please bring your daughter to the forum and have her do it.

Talk is cheap as usual.

Perhaps you missed my recent call on gox 3 weeks prior to their withdrawal halt or my $600 prediction where I put up 2 BTC and won.



I'm not here to impress you as the world doesn't revolve around you. Lol

I would be the last person to get on the wrong side of OP.