50% increase and everyone thinks 10k (again)

[Unluckyduck]

But the difference is that this price climb has been far more stable than last years bull run. A sign of things to come perhaps?

[CEG5952]

But the difference is that this price climb has been far more stable than last years bull run. A sign of things to come perhaps?

Has it been? (Honest question) I was around for the July rise, and the November bubble, but I'm not sure if this feels more or less stable, to be honest. Felt pretty fast, the rise from $440.

[okthen]

But the difference is that this price climb has been far more stable than last years bull run. A sign of things to come perhaps?

Has it been? (Honest question) I was around for the July rise, and the November bubble, but I'm not sure if this feels more or less stable, to be honest. Felt pretty fast, the rise from $440.

November felt radically fast to me (I wasn't around in July, unfortunately).
I remember making a snapshot of the first times I saw 500, 600, 700, and so on, and it felt like it was one per day...

[Swordsoffreedom]

Markets are fast to move in Bitcoin when they move but I know that feeling
Sitting around 600 then 500 then 400 then quickly going up to 650 again
Price changes are fast

[Tzupy]

The charts look ready for some China FUD. I'm not saying it's coming, but it's been absent for too long.

[inca]

The charts look ready for some China FUD. I'm not saying it's coming, but it's been absent for too long.

A pause in prices and its time for you to FUD you mean?

[okthen]

The charts look ready for some China FUD. I'm not saying it's coming, but it's been absent for too long.

A pause in prices and its time for you to FUD you mean?

I don't think China FUD will come.
But I agree that the chart seems vunerable to bad news.

[Thibaut]

So, what's up about the big announcement from the man working on company event organization?

[RoadStress]

Probably not $10k in 2014 but $5k is definitely possible.

What were your predictions for 2013 after the 260$ crash?

[okthen]

So, what's up about the big announcement from the man working on company event organization?

I guess he decided that he liked the boring bitcoin chart.
Either that or he's building up expectation, so that the bubble grows faster when news come

[BittBurger]

So, what's up about the big announcement from the man working on company event organization?

I just logged in now (4:30pm eastern time) to sift through Google news to see if there was anything. 

If I had an announcement for my business - and it was going to be "announced Monday". ... i would expect that they're calling press people.

Which means tuesday, wends thursd for it to get into articles?   

Not sure how they were going to "announce" it unless someone is going to come to Reddit or here, and write a post.

Otherwise, its news outlets.  I'll ask Jeff...

-B-

[bitcoinsrus]

So, what's up about the big announcement from the man working on company event organization?

I just logged in now (4:30pm eastern time) to sift through Google news to see if there was anything. 

If I had an announcement for my business - and it was going to be "announced Monday". ... i would expect that they're calling press people.

Which means tuesday, wends thursd for it to get into articles?   

Not sure how they were going to "announce" it unless someone is going to come to Reddit or here, and write a post.

Otherwise, its news outlets.  I'll ask Jeff...

-B-

hello bitburger, matt just made a thread about this. would you mind telling what news this is all about?

[RandomPedestrianN9]

So, what's up about the big announcement from the man working on company event organization?

I just logged in now (4:30pm eastern time) to sift through Google news to see if there was anything.  

If I had an announcement for my business - and it was going to be "announced Monday". ... i would expect that they're calling press people.

Which means tuesday, wends thursd for it to get into articles?  

Not sure how they were going to "announce" it unless someone is going to come to Reddit or here, and write a post.

Otherwise, its news outlets.  I'll ask Jeff...

-B-

hello bitburger, matt just made a thread about this. would you mind telling what news this is all about?

About false hope and matt selling his coins which he describes as "im long, trust me".

[BittBurger]

Scroll up.

Nobody knows what its all about yet.   Might be nothing (which I put in the first post).  But the marketing manager at Clevelander Miami was on a conference call with BitPay last week and claims its big news.

One mans big is another mans blah.  We shall see.

I just asked Jeff where they plan to announce.   Cuz its end of business Monday now.

-B-

[Dragonkiller]

Scroll up.

Nobody knows what its all about yet.   Might be nothing (which I put in the first post).  But the marketing manager at Clevelander Miami was on a conference call with BitPay last week and claims its big news.

One mans big is another mans blah.  We shall see.

I just asked Jeff where they plan to announce.   Cuz its end of business Monday now.

-B-

Your friend is a bullshitter.

[bitcoinsrus]

Scroll up.

Nobody knows what its all about yet.   Might be nothing (which I put in the first post).  But the marketing manager at Clevelander Miami was on a conference call with BitPay last week and claims its big news.

One mans big is another mans blah.  We shall see.

I just asked Jeff where they plan to announce.   Cuz its end of business Monday now.

-B-

Oh alright, thanks (I probably should have checked the entire post first @scroll up comment)

[Carra23]

We started going up 2 weeks ago and we're just about 50% higher. It's good, it's nice but look at the charts. February 1st was way higher. So we're lower than where we were at 2014's start. Of course money can be made on price swings or bubbles but looking at the bigger picture, seems nothing fundamental changed. Not that many new people buy bitcoin.

If we were to repeat last bubble, a 9x increase in 2-months timeframe, we should be at 4500 this summer. But I think chances for this to happen are very slim. Too much new money have to be poured into and not that many newcomers into bitcoin yet.

I am very curious where the price will be on July 2nd. I'll have to do a big decision then and a powerful Bitcoin might help me. A good price will be 1000 zone. Based only on last bubble, where price double first time in about 1mo, we could be there by my due date. But this might be also the end of a mini-bubble, deflating from 680s to 400s again.

Do not underestimate them, you can make a lot of money that way.

I very much doubt we will see 1000 now, more likely it will go down to 500.

[okthen]

We started going up 2 weeks ago and we're just about 50% higher. It's good, it's nice but look at the charts. February 1st was way higher. So we're lower than where we were at 2014's start. Of course money can be made on price swings or bubbles but looking at the bigger picture, seems nothing fundamental changed. Not that many new people buy bitcoin.

If we were to repeat last bubble, a 9x increase in 2-months timeframe, we should be at 4500 this summer. But I think chances for this to happen are very slim. Too much new money have to be poured into and not that many newcomers into bitcoin yet.

I am very curious where the price will be on July 2nd. I'll have to do a big decision then and a powerful Bitcoin might help me. A good price will be 1000 zone. Based only on last bubble, where price double first time in about 1mo, we could be there by my due date. But this might be also the end of a mini-bubble, deflating from 680s to 400s again.

Do not underestimate them, you can make a lot of money that way.

I very much doubt we will see 1000 now, more likely it will go down to 500.

Going that much down again would be following an extremely different pattern than the last two bubbles.
Which is of course possible, but I wouldn't call it likely.

[CEG5952]

We started going up 2 weeks ago and we're just about 50% higher. It's good, it's nice but look at the charts. February 1st was way higher. So we're lower than where we were at 2014's start. Of course money can be made on price swings or bubbles but looking at the bigger picture, seems nothing fundamental changed. Not that many new people buy bitcoin.

If we were to repeat last bubble, a 9x increase in 2-months timeframe, we should be at 4500 this summer. But I think chances for this to happen are very slim. Too much new money have to be poured into and not that many newcomers into bitcoin yet.

I am very curious where the price will be on July 2nd. I'll have to do a big decision then and a powerful Bitcoin might help me. A good price will be 1000 zone. Based only on last bubble, where price double first time in about 1mo, we could be there by my due date. But this might be also the end of a mini-bubble, deflating from 680s to 400s again.

Do not underestimate them, you can make a lot of money that way.

I very much doubt we will see 1000 now, more likely it will go down to 500.

Going that much down again would be following an extremely different pattern than the last two bubbles.
Which is of course possible, but I wouldn't call it likely.

Well, I don't really find your data set of "2" very convincing. When we have such little historical data, betting on current price action looking like the last 2 bubbles may be a horrible bet...

[wobber]

the biggest L.O.L. ever. 597 again. How do you comment?