July is the month!

[Jettison86]

My 2014 horoscope says:

" The good news is that starting in July you'll have the benefit of the big planet working on your money house for a year. If you've been waiting for a windfall in your finances, watch how drastically your money situation improves starting this summer."

This summer looks good for bitcoin.   

[TERA]

I saw a psychic today and was told July was when everything would start falling apart due to excessive regulation and the remaining exchanges stealing their customers' funds like gox did.

It is possible that your horoscope was referring to a different venture besides bitcoin.

[gentlemand]

Hmm. If I remember rightly the Bitcoin Mystery Chart advised buying in early April and selling in mid/late July. However it was based on Gox data and it's also a mystery.

http://www.cryptocoinsnews.com/news/bitcoin-price-2014/2013/12/30

[Jettison86]

I saw a psychic today and was told July was when everything would start falling apart due to excessive regulation and the remaining exchanges stealing their customers' funds like gox did.

It is possible that your horoscope was referring to a different venture besides bitcoin.

No.  This is where "my" VC goes.

[Jettison86]

Hmm. If I remember rightly the Bitcoin Mystery Chart advised buying in early April and selling in mid/late July. However it was based on Gox data and it's also a mystery.

http://www.cryptocoinsnews.com/news/bitcoin-price-2014/2013/12/30

Thanks for the info/charts. 

How about this to support my "theory".

https://i.imgur.com/a0jn9iH.jpg

https://www.tradingview.com/v/9ZgeoFMl/

[SlipperySlope]

Hmm. If I remember rightly the Bitcoin Mystery Chart advised buying in early April and selling in mid/late July. However it was based on Gox data and it's also a mystery.

http://www.cryptocoinsnews.com/news/bitcoin-price-2014/2013/12/30

Thanks for the info/charts.  

How about this to support my "theory".



https://www.tradingview.com/v/9ZgeoFMl/

I have trouble reading the prediction lines of this chart and wonder also how you timed the future bubbles.

Based upon a simple projection of the past, and assuming that the next bubble is similar to the previous two, I expect a july-August bubble peaking at $6000 and collapsing through the fall to consolidate at about $3000. Summer 2014 Bitcoin Bubble - First Projection. I am continuing to buy fractional bitcoin daily, in accordance with this analysis.

[Elwar]

I happened upon a gypsy wagon in middle of the dark forest that told me in July that Bitcoin will reach $2250.

I looked away for a moment, then turned back to ask about Litecoin but the wagon was....gone....

[chessnut]

I happened upon a gypsy wagon in middle of the dark forest that told me in July that Bitcoin will reach $2250.

I looked away for a moment, then turned back to ask about Litecoin but the wagon was....gone....

It's a sign! it means you missed the LTC band wagon! too late! lol

[Cassius]

I'm curious to know from the oldbies. Did anyone predict the last bubble? There is a lot of talk of a summer/autumn 2014 bubble, as if such things happen with predictable regularity.
Whilst there are reasons to suspect an increase in price (Wall Street etc), putting a date on it let alone assuming another bubble seems risky at best, especially given the current state of play.

[rohnearner]

So what we are expecting by the end of july..! and what good news you think will create the boom..! and what we are expecting by than.. 500$,700$,1000$ or more.?

[fonzie]

So what we are expecting by the end of july..! and what good news you think will create the boom..! and what we are expecting by than.. 500$,700$,1000$ or more.?

If a lot of good news should appear we might reach 500$ again, otherwise i expect someting etween 60 and 160$.

[rohnearner]

So what we are expecting by the end of july..! and what good news you think will create the boom..! and what we are expecting by than.. 500$,700$,1000$ or more.?

If a lot of good news should appear we might reach 500$ again, otherwise i expect someting etween 60 and 160$.

60-160$..! that is a very low window you have set if it goes like that..!  lets see if you are right, we never know maybe you are..! only time will tell..

[Sawadekub]

lol fonzie.. the mutha fker FUD maker.. makes his order somewhere between 160-300.. LOL

[dreamspark]

This can't be true my gypsy lady promised me a June bubble, Id go get your money back

[cspeter8]

Back when it was above 1000 I was so convinced it was going to keep climbing - so foolish I should have sold so I could buy back now for half the price.  So now I have resolved to neither buy nor sell any until we get to the next ATH, and to sell at least 30% of holdings by $5000 (or whatever Risto's straight line log chart indicates is half way above the trend).  But end of July, that's impossible to know how market sentiment will play out.  Maybe April, May, or Nov, Dec have equal probability.

[dreamspark]

Back when it was above 1000 I was so convinced it was going to keep climbing - so foolish I should have sold so I could buy back now for half the price.  So now I have resolved to neither buy nor sell any until we get to the next ATH, and to sell at least 30% of holdings by $5000 (or whatever Risto's straight line log chart indicates is half way above the trend).  But end of July, that's impossible to know how market sentiment will play out.  Maybe April, May, or Nov, Dec have equal probability.

Im interested to know what the next ATH is then? See thats the problem really. Are you going to sell at $1250? That would be an ATH...

[cspeter8]

Back when it was above 1000 I was so convinced it was going to keep climbing - so foolish I should have sold so I could buy back now for half the price.  So now I have resolved to neither buy nor sell any until we get to the next ATH, and to sell at least 30% of holdings by $5000 (or whatever Risto's straight line log chart indicates is half way above the trend).  But end of July, that's impossible to know how market sentiment will play out.  Maybe April, May, or Nov, Dec have equal probability.

Im interested to know what the next ATH is then? See thats the problem really. Are you going to sell at $1250? That would be an ATH...

No problem at all.  Lines of demarkation are always fuzzy, so split the difference - do a bit of selling (or buying if you had the vision to sell at the previous high) at multiple price points.  Just choose a strategy and stick to it.  Risto has not been right 100% of the time, no one is, but I like his strategy and vision.