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Author Topic: Up up and away!  (Read 3429 times)
Oldminer
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January 12, 2012, 08:52:38 PM
 #1

So we all up for another great day of trading?

I must say Bitcoin is looking very very healthy these days  Grin

I predict we will kick over $7 in the next 24 hours and I predict the price will double within a month or 2. It's all looking very very good.

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S3052
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January 12, 2012, 09:05:49 PM
 #2

This is entirely possible...

>15years analysis experience

Always do your own due diligence & consult your financial advisor. Never invest unless you can afford to lose your entire investment.

http://twitter.com/BitcoinAnalyst

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ArsenShnurkov
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January 12, 2012, 09:13:03 PM
 #3

That is a perfectly reasonable outlook IMO.

So, it should be complemented with unreasonable one. Just for the name of "great ballance".

The price falled from 7 to 6.8 and will continue to fall by $0.20 each two weeks until it reach <$1
Otoh
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January 12, 2012, 09:16:09 PM
 #4

So we all up for another great day of trading?

I must say Bitcoin is looking very very healthy these days  Grin

I predict we will kick over $7 in the next 24 hours and I that the price will double within a month or 2. It's all looking very very good.

quite It's Elementary my dear Om

Meaning

The supposed explanation that Sherlock Holmes gave to his assistant, Dr. Watson, when explaining deductions he had made.

Origin

In fact the line doesn't appear in the Conan Doyle books, only later in Sherlock Holmes' films.

He does come rather close at a few of points. Holmes says "Elementary" in 'The Crooked Man' ~ aka 'The MyBitCoin Scam' or 'The Tom Williams Affair' (film name), and "It was very superficial, my dear Watson, I assure you" in 'The Cardboard Box' ~ aka 'The Mt.Goxed Hax'. He also says "Exactly, my dear Watson, in three different stories: "All In Vane" "The Zhou Tong Trials" & "The Casascius Case" plus not forgetting that classic best selling (or at least, most hyped) "The Nonse of New York" featuring the villainous smooth talking con artist Bruce De Williams whose latest japes include trying to occupy your bitcoins & < 21 Pattaya orifices @ Zukini Zucchini Zuccotti Park, NYC

The phrase was first used by P. G. Wodehouse, in Psmith Journalist, 1915.



evidently hashed my bear Watson


EDITED: for extra littery content...

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cypherdoc
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January 12, 2012, 09:34:01 PM
 #5

So we all up for another great day of trading?

I must say Bitcoin is looking very very healthy these days  Grin

I predict we will kick over $7 in the next 24 hours and I predict the price will double within a month or 2. It's all looking very very good.

based on your earlier return comments, i surmise that you decided to go ahead and make your buy.

no matter, welcome to the bright side!!!!
Serge
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January 12, 2012, 09:45:58 PM
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unless we see huge injection of new money coming it, it would be rather slow grind up in my view
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January 12, 2012, 10:04:33 PM
 #7

unless we see huge injection of new money coming it, it would be rather slow grind up in my view

There is nothing wrong with that. It is probably the healthiest road to sustainable growth.

but also the most unlikely. if we are in wave III up this will be huge and is has just started

>15years analysis experience

Always do your own due diligence & consult your financial advisor. Never invest unless you can afford to lose your entire investment.

http://twitter.com/BitcoinAnalyst

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Serge
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January 12, 2012, 10:08:55 PM
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hopefully resistance will be adequate to suppress the hype and another bubble forming. so far it's been great
Otoh
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January 13, 2012, 12:39:53 AM
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And hopefully the holders of Bitcoin are more diverse.

What's next? I can't wait to find out. I'm as optimistic as ever, that's for certain.

I'm diverse  Tongue

origianal comment above updated

https://bitcointalk.org/index.php?topic=58448.msg688238#msg688238




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Oldminer
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January 13, 2012, 01:00:36 AM
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Bitcoin is not the same at it was in April 2011. There is more infrastructure. The exchanges are more robust (perhaps still not as good as they should be). We've seen large hacks, large thefts, and large scams, and we are better prepared to protect ourselves this time around (perhaps not as prepared as we should be). We've seen a fairly extended period of falling prices that was unable to stop this thing. And, regardless of how some people insist there isn't, there are many more uses for Bitcoin today than there were a year ago. And hopefully the holders of Bitcoin are more diverse.


You make a good point. All this means greater confidence in the market which means more buyers and more money injected into the market. IMO 'confidence' plays a huge part when it comes to investments.

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NamelessOne
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January 13, 2012, 02:01:01 AM
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You make a good point. All this means greater confidence in the market which means more buyers and more money injected into the market. IMO 'confidence' plays a huge part when it comes to investments.

+1
StewartJ
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January 13, 2012, 05:08:00 AM
 #12

I agree with the optimistic sentiments reflected on this thread.

But it was an absolute crap-day for a day trade. Glad I sat this one out.

May the morning Bitcoin Alert ring with the sound of Bulls...
ArsenShnurkov
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January 13, 2012, 05:44:19 AM
 #13

The price falled from 7 to 6.8 and will continue to fall by $0.20 each two weeks until it reach <$1

For that to happen we would have to see a much lower trading volume on a consistent basis, which seems unlikely at this point.

Look, market fallen from $6.8 to $6.6, this event supports my hypothesis Smiley
adamstgBit
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January 13, 2012, 05:56:55 AM
 #14

The price falled from 7 to 6.8 and will continue to fall by $0.20 each two weeks until it reach <$1

For that to happen we would have to see a much lower trading volume on a consistent basis, which seems unlikely at this point.

Look, market fallen from $6.8 to $6.6, this event supports my hypothesis Smiley

i dont think its possible for bitcoin to go under a $1.... the day traders need to hold bitcoin to trade bitcoins. the investors need to hold bitcoins to be invested in bitcoin. the potheads need to buy bitcoins to buy weed (although they couldn't care less what the exchange rate is).

the demand is their, big time!

saying bitcoin is going to be worth $1, is like saying 1 dollar is going to be worth 5$...

ArsenShnurkov
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January 14, 2012, 01:06:21 AM
 #15

Look, market fallen from $6.8 to $6.6, this event supports my hypothesis Smiley

Yes, your hypothesis has been supported many times. It must be true.

Look again - $6.4!
Your elfing can't stop the true tendency!
Oldminer
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January 16, 2012, 06:53:32 AM
 #16

The price falled from 7 to 6.8 and will continue to fall by $0.20 each two weeks until it reach <$1

For that to happen we would have to see a much lower trading volume on a consistent basis, which seems unlikely at this point.

Look, market has fallen risen from $6.8 to $6.6 7.12, this event supports does not support my hypothesis Smiley

 Grin

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Serge
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January 16, 2012, 09:23:24 AM
 #17

Look, market fallen from $6.8 to $6.6, this event supports my hypothesis Smiley

Yes, your hypothesis has been supported many times. It must be true.

Look again - $6.4!
Your elfing can't stop the true tendency!

guess yours can't either !
ArsenShnurkov
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January 17, 2012, 09:55:27 PM
 #18

guess yours can't either !

It can - ~$6.20  !!! This proves that my trolling is better than your elfing Smiley
StewartJ
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January 17, 2012, 10:06:23 PM
 #19

The Support Price the last 3 weeks has been in the $6.10 to $6,25 range.

I am not seeing anything different in our 4th week of this.
Serge
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January 17, 2012, 10:20:27 PM
 #20

guess yours can't either !

It can - ~$6.20  !!! This proves that my trolling is better than your elfing Smiley

i don't mind 6-7 range for another month or two )
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