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Author Topic: Bitcoin what is the trend now?  (Read 2365 times)
robocop
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December 19, 2011, 01:42:40 PM
 #1

Today I have a good message for all Bitcoin pessimists the pricecrash is done for longer time!!  Tongue

I have followed the prices and order books on mtGox, bitcoin.de, intersange and more.
 
What I have seen is big change in the order books.

From august to november the ask volume was similar to the bid volume or higher what means that trader were more interessted to sell Bitcoin than buy them.

But in the last weeks the situation has changed significantly so that we had a lot of higher bid volumne than ask volume what means that the interessting was changed from sell to strong buy. 

And today the tradingvolume was going up quickly and to 5$ and I see a very small ask volume and no seller.

I think that the price could going Up to 5$ in the next days and this should be not the end of the upward movement.
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robocop
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December 19, 2011, 01:45:26 PM
 #2

Bitcoin sold out?

bitcoin.de is empty

bitmarket.eu is nearby empty

mtGox is nearby empty

wow

what a buying pressure ;-)
robocop
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December 20, 2011, 08:53:35 AM
 #3

the 4$ arrived -> next target 5$ ;-)

I can't see seller
bitcoin is still sold out ;-)
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December 21, 2011, 06:55:50 AM
 #4

Woot! Back to $20 BTC!
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December 29, 2011, 09:54:49 AM
 #5

The next wave could start now ;-)

I see that the bid volume is increasing in the last hours and there are less Bitcoins for sale at bitcoin.de

The next target should be 5$ to 6$
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December 29, 2011, 10:06:59 AM
 #6

We've seen a solid up trend since November 19 when prices bottomed at around $2. Value has doubled in 6 weeks...

PGP KEY | 1Bitcoin3Tg2KWyAq3wzivdqwYqGwKYaGd
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December 29, 2011, 10:28:15 AM
 #7

UP UP AND AWAY! BUY BUY BUY!

"The whole problem with the world is that fools and fanatics are always so certain of themselves and wiser people so full of doubts." -Bertrand Russell
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December 30, 2011, 12:37:36 AM
 #8

When the price hits $40 people who throw down $100 today can turn it into $1000.  Invest every penny you have and it will turn your life around.

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January 01, 2012, 07:50:03 PM
 #9

5$ perfect :-)
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January 05, 2012, 04:10:13 PM
 #10

6$ great!

and the next target 7$ ?
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January 05, 2012, 08:40:06 PM
 #11

When the price hits $40 people who throw down $100 today can turn it into $1000.  Invest every penny you have and it will turn your life around.

Just be sure to sell before they do... it can turn around just as quickly if you don't diversify your profits.  Hopefully more people will spend their bitcoins on goods and services and let the merchants mange risk.  They will still make a small percentage from holding them briefly, and any spare change will gain in value at nice return rate.  Merchants will keep the price growth bounded to buy more inventory or hire more employees (they'll want at least a partially fiat salary in most cases).  Don't let you bitcoins sit in your wallet, put them to work growing your savings.  But be careful to investigate what exactly you are investing in, there are thieves about.

I'm also hoping for more localized exchanges.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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robocop
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January 06, 2012, 09:09:47 AM
 #12

7$ :-)

@notme
What we need is that more onlineshops accept Bitcoin.
Now only any small shops accept Bitcoin and this is not enough because the polularity is too low and the small shops don´t have all the things what a lot of people want.
When a very popular shop like amazon would accept Bitcoin then a lot of more people would spent Bitcoin.

But I´m sure that the day will come when amazon will accept Bitcoin because more and more people want use the easy way to pay with Bitcoin and prefer the independence of banks.

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February 08, 2012, 09:00:53 AM
 #13

http://www.bitcoinbullbear.com/index.html

Only 48% bullish

I could imagine that the volatility will going up in the next days so Bitcoin can leave the range of 5.00 to 7.00 dollars.
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February 08, 2012, 11:50:27 AM
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Just be sure to sell before they do... it can turn around just as quickly if you don't diversify your profits.  Hopefully more people will spend their bitcoins on goods and services and let the merchants mange risk.  They will still make a small percentage from holding them briefly, and any spare change will gain in value at nice return rate.  Merchants will keep the price growth bounded to buy more inventory or hire more employees (they'll want at least a partially fiat salary in most cases).  Don't let you bitcoins sit in your wallet, put them to work growing your savings.  But be careful to investigate what exactly you are investing in, there are thieves about.

You're right of course that the price can drop.  However, I believe that for Bitcoin to get to, say, $100, will require that the real merchant economy will have to have gotten much bigger than it is now.  When that has happened, bitcoin will be far more stable.  In other words: it's a virtuous cycle... growing economy = more stable prices.  more stable prices = growing economy.

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robocop
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February 08, 2012, 01:08:30 PM
 #15

cool volatility UP ;-)
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February 14, 2012, 05:22:21 PM
 #16

strong buy ;-)

The downfall to 4.x $ was good for BTC because the increased volume will be a good chance for larger investments.

Next target could be 8 to 10$ ;-)
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February 20, 2012, 02:13:25 PM
 #17

my next target is still 8-10$ The pressure is growing ;-)
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