The BIG picture, Price Prediction Chart.

[g4c]

This is looking good IMO too

Skyrocket is almost ready to launch

Have you fasten your seatbelt?

We are going to the moon! soon ...

Yes, it does appear that way when you take an overview of all data available

[g4c]

Thanks for the logarithmic chart, g4c - been looking for it. Made it my desktop background to chase those sell sell sell demons away 

You're welcome, glad you like it.

[roslinpl]

Thanks for the logarithmic chart, g4c - been looking for it. Made it my desktop background to chase those sell sell sell demons away 

You're welcome, glad you like it.

I like it a lot too! Looking very very optimistic.
Those "sellsellsell" panic makers are just typical in days of drops
Your chart will set the demons away a bit for sure

[g4c]

Thanks for the logarithmic chart, g4c - been looking for it. Made it my desktop background to chase those sell sell sell demons away  

You're welcome, glad you like it.

I like it a lot too! Looking very very optimistic.
Those "sellsellsell" panic makers are just typical in days of drops
Your chart will set the demons away a bit for sure

Thanks roslinpl,

Yes, the identical pattern of cynical behaviour has also happened at the tail end of all previous corrections. I attribute it to people attempting to drive down the price before buying in.

In fact I find it reassuring that they act the same this time, if they didn't I would be slightly spooked, thinking there was something different about this cycle. But no they act exactly the same, the pattern seems the same, all is in alignment for the next rise

[mrbrt]

Thanks for the logarithmic chart, g4c - been looking for it. Made it my desktop background to chase those sell sell sell demons away  

You're welcome, glad you like it.

I like it a lot too! Looking very very optimistic.
Those "sellsellsell" panic makers are just typical in days of drops
Your chart will set the demons away a bit for sure

Thanks roslinpl,

Yes, the identical pattern of cynical behaviour has also happened at the tail end of all previous corrections. I attribute it to people attempting to drive down the price before buying in.

In fact I find it reassuring that they act the same this time, if they didn't I would be slightly spooked, thinking there was something different about this cycle. But no they act exactly the same, the pattern seems the same, all is in alignment for the next rise

I think the percentage of traders intentionally trying to drive down the price, so they can buy back at a cheaper price, is small. I'd attribute the tail end dips more to just plain old human psychology.

[cbeast]

Thanks for the logarithmic chart, g4c - been looking for it. Made it my desktop background to chase those sell sell sell demons away  

You're welcome, glad you like it.

I like it a lot too! Looking very very optimistic.
Those "sellsellsell" panic makers are just typical in days of drops
Your chart will set the demons away a bit for sure

Thanks roslinpl,

Yes, the identical pattern of cynical behaviour has also happened at the tail end of all previous corrections. I attribute it to people attempting to drive down the price before buying in.

In fact I find it reassuring that they act the same this time, if they didn't I would be slightly spooked, thinking there was something different about this cycle. But no they act exactly the same, the pattern seems the same, all is in alignment for the next rise

I think the percentage of traders intentionally trying to drive down the price, so they can buy back at a cheaper price, is small. I'd attribute the tail end dips more to just plain old human psychology.

It's a big game of chicken. Wait to see who blinks.

[g4c]

Thanks for the logarithmic chart, g4c - been looking for it. Made it my desktop background to chase those sell sell sell demons away  

You're welcome, glad you like it.

I like it a lot too! Looking very very optimistic.
Those "sellsellsell" panic makers are just typical in days of drops
Your chart will set the demons away a bit for sure

Thanks roslinpl,

Yes, the identical pattern of cynical behaviour has also happened at the tail end of all previous corrections. I attribute it to people attempting to drive down the price before buying in.

In fact I find it reassuring that they act the same this time, if they didn't I would be slightly spooked, thinking there was something different about this cycle. But no they act exactly the same, the pattern seems the same, all is in alignment for the next rise

I think the percentage of traders intentionally trying to drive down the price, so they can buy back at a cheaper price, is small. I'd attribute the tail end dips more to just plain old human psychology.

I agree the majority of traders don't actively broadcast information to manipulate. The majority receive and process information.

But there are a few that attempt to manipulate the market psychology in order to gain. I have noticed this manipulation increases at the tail end of corrections and flips over after the rise begins.

I have not gathered data to support this, but I can honestly say that I have "noticed" it.

I think we might see, within two months, many players (mainstream media included) go volt face and start the talk up. Of course this will occur after they have bought in.

[Pente]

Wow, looks like I will be able to buy more at $100/BTC in July. I can't wait.

[g4c]

Wow, looks like I will be able to buy more at $100/BTC in July. I can't wait.

Indeed ,

Using igorr's "analysis" you should probably wait for August and get it for free.

Better still: wait for September and get paid to receive Bitcoin!

[smoothie]

new ATH by end of July 2014!

[smoothie]

Wow, looks like I will be able to buy more at $100/BTC in July. I can't wait.

Looks can be deceiving. lol let's see if you can but REAL btc at $100 on exchanges and not MTGOXBTC.

[segeln]

Just go to https://www.tradingview.com and enable indicator Linear regresion, and you have this picture.

Buy Igorr, my dear chap,

you are only considering 4 months worth of data.

newsflash: bitcoin price chart goes back a little further than that.

every rise and pennant has followed a similar pattern.

furthermore: i challenge you to find any other 2 year old chart that will stay within a logarithmic channel.

yeah, as a noob I see a bullish tennant in igorr`s Chart.
 right ? g4c ?
anyway, igorr is a doom-prophet,as always

[g4c]

...
yeah, as a noob I see a bullish pennant in igorr`s Chart.
 right ? g4c ?

anyway, igorr is a doom-prophet,as always

Yes, it's an important pattern and you are right to see it.

[dnaleor]

a composite of mtgox early days and bitstamp for later days would be great.

Use the data of the bitcoinaverage.com API. they use the gox data until they started tracking the price.

I am still loking for data before the start of gox. Already found some. When my dataset is as complete as possible, I will post a file somewhere on the forum

[g4c]

a composite of mtgox early days and bitstamp for later days would be great.

Use the data of the bitcoinaverage.com API. they use the gox data until they started tracking the price.

I am still loking for data before the start of gox. Already found some. When my dataset is as complete as possible, I will post a file somewhere on the forum

Great, sounds like a must-have data set!

[Le Happy Merchant]

Below is a logarithmic chart of Bitcoin price history (Bitstamp USD).

A dude on 4chan wants to know how you made this.

[g4c]

Below is a logarithmic chart of Bitcoin price history (Bitstamp USD).

A dude on 4chan wants to know how you made this.

i don't know how to find the question on 4chan, but...

[1]screengrab this chart
http://bitcoincharts.com/charts/bitstampUSD#tgSzm1g10zm2g25zvzl

[2]crop and invert in photoshop

[3]draw channel and pennants with photoshop

[Ed4252]

Approx when does the #4 triangle end? sometime in May/June?

[g4c]

Approx when does the #4 triangle end? sometime in May/June?

By my approximation: June 1st ± 1 month

note: this is later than the triangle as drawn.

[creekbore]

All very comforting