No signs of a rally so far

[maker88]

I can't see anything so far. Can someone please give some good reasons (explanation or charts, no trolls pls) that can enlighten me? I have the feeling we'll see months passing and nothing notable will happen, only 100 USD ups or downs.

Good god, can someone please just ban this troll already?  He is annoying as fk.  I have him on ignore, but it's just not enough.  His blatant stupidity has somehow seeped through the Ignore functionality on this sub.

Nice characterization but the price is still lower than 2 days ago. I guess you're even more annoyed.

and still higher than 7 days ago. i guess you're even more stupid looking now.

[wobber]

I can't see anything so far. Can someone please give some good reasons (explanation or charts, no trolls pls) that can enlighten me? I have the feeling we'll see months passing and nothing notable will happen, only 100 USD ups or downs.

Good god, can someone please just ban this troll already?  He is annoying as fk.  I have him on ignore, but it's just not enough.  His blatant stupidity has somehow seeped through the Ignore functionality on this sub.

Nice characterization but the price is still lower than 2 days ago. I guess you're even more annoyed.

and still higher than 7 days ago. i guess you're even more stupid looking now.

And lower than 30 days ago.

[JimboToronto]

I can't see anything so far. Can someone please give some good reasons (explanation or charts, no trolls pls) that can enlighten me? I have the feeling we'll see months passing and nothing notable will happen, only 100 USD ups or downs.

Good god, can someone please just ban this troll already?  He is annoying as fk.  I have him on ignore, but it's just not enough.  His blatant stupidity has somehow seeped through the Ignore functionality on this sub.

Nice characterization but the price is still lower than 2 days ago. I guess you're even more annoyed.

and still higher than 7 days ago. i guess you're even more stupid looking now.

And lower than 30 days ago.

And higher than a year ago.

[criptix]

I can't see anything so far. Can someone please give some good reasons (explanation or charts, no trolls pls) that can enlighten me? I have the feeling we'll see months passing and nothing notable will happen, only 100 USD ups or downs.

Good god, can someone please just ban this troll already?  He is annoying as fk.  I have him on ignore, but it's just not enough.  His blatant stupidity has somehow seeped through the Ignore functionality on this sub.

Nice characterization but the price is still lower than 2 days ago. I guess you're even more annoyed.

and still higher than 7 days ago. i guess you're even more stupid looking now.

And lower than 30 days ago.

And higher than a year ago.

what happened exactly one year ago?



 

[CEG5952]

This action from ~660 level top just looks like a bullish consolidation to me. I think we are close to local bottom here, then take a crack at that resistance level. Then maybe 680, 720, we'll see. We could hit these targets and still be in a longer term bear market, though.

[SunBin]

Bull market don't go up in a straight line.

The fallback is to get rid of people with weak hand.

[Wolf Rainer]

I can't see anything so far. Can someone please give some good reasons (explanation or charts, no trolls pls) that can enlighten me? I have the feeling we'll see months passing and nothing notable will happen, only 100 USD ups or downs.

Good god, can someone please just ban this troll already?  He is annoying as fk.  I have him on ignore, but it's just not enough.  His blatant stupidity has somehow seeped through the Ignore functionality on this sub.

Nice characterization but the price is still lower than 2 days ago. I guess you're even more annoyed.

and still higher than 7 days ago. i guess you're even more stupid looking now.

And lower than 30 days ago.

And higher than a year ago.

what happened exactly one year ago?



 

I hope it repeat, i want the deja vu.

[Este Nuno]

I can't see anything so far. Can someone please give some good reasons (explanation or charts, no trolls pls) that can enlighten me? I have the feeling we'll see months passing and nothing notable will happen, only 100 USD ups or downs.

Finally, remember that the whales involved in the auction are sitting on the sidelines because, had they bought directly and not participated in the auction, they could have scored a sweet buy in the $550 to $600 range and now they are looking at $640-$650. Once they realize there is some stability, here, they'll jump to cash in on the good news.

This is interesting. I wonder how many of them regret putting their money up for the auction. The opportunity cost there is pretty big. Having that money free to buy coins the regular way would have probably been a better option for most.

[ajareselde]

Bull market don't go up in a straight line.

The fallback is to get rid of people with weak hand.

It sure doesnt, everyone is trying to find a reason to push the price up, but still nothing major.

You cant actualy predict the market, and even those fallbacks can be simple cashouts, without greather meaning

[okthen]

Bull market don't go up in a straight line.

The fallback is to get rid of people with weak hand.

It sure doesnt, everyone is trying to find a reason to push the price up, but still nothing major.

You cant actualy predict the market, and even those fallbacks can be simple cashouts, without greather meaning

Yep, people (spacially the big hands) are waiting for a reason to get in.
The reasons not to get in have temporarily dissipated (China, bitcoin auction).

We need either the Winklevoss EFT or a big name like eBay to ignite the rocket.

[kireinaha]

Bull market don't go up in a straight line.

The fallback is to get rid of people with weak hand.

It sure doesnt, everyone is trying to find a reason to push the price up, but still nothing major.

You cant actualy predict the market, and even those fallbacks can be simple cashouts, without greather meaning

Yep, people (spacially the big hands) are waiting for a reason to get in.
The reasons not to get in have temporarily dissipated (China, bitcoin auction).

We need either the Winklevoss EFT or a big name like eBay to ignite the rocket.

It will have to be a big name other than eBay. I highly doubt they would willingly allow a payment channel that would then compete directly with paypal, which is an enormous asset to them. And it's not as if they need to worry about pressure from outside; there is virtually no competition in the online auction space. Also, we had a large, well known merchant (newegg) and another big player (1-800-flowers) announce bitcoin integration last week and it barely nudged the market, and in fact we're going down again. I don't think anything less than amazon would have an effect at this point.

[maker88]

Bull market don't go up in a straight line.

The fallback is to get rid of people with weak hand.

It sure doesnt, everyone is trying to find a reason to push the price up, but still nothing major.

You cant actualy predict the market, and even those fallbacks can be simple cashouts, without greather meaning

Yep, people (spacially the big hands) are waiting for a reason to get in.
The reasons not to get in have temporarily dissipated (China, bitcoin auction).

We need either the Winklevoss EFT or a big name like eBay to ignite the rocket.

It will have to be a big name other than eBay. I highly doubt they would willingly allow a payment channel that would then compete directly with paypal, which is an enormous asset to them. And it's not as if they need to worry about pressure from outside; there is virtually no competition in the online auction space. Also, we had a large, well known merchant (newegg) and another big player (1-800-flowers) announce bitcoin integration last week and it barely nudged the market, and in fact we're going down again. I don't think anything less than amazon would have an effect at this point.

the ceo of ebay has said for over a year he wants to integrate bitcoin , and paypal also said they want to deal with it too.

[okthen]

Bull market don't go up in a straight line.

The fallback is to get rid of people with weak hand.

It sure doesnt, everyone is trying to find a reason to push the price up, but still nothing major.

You cant actualy predict the market, and even those fallbacks can be simple cashouts, without greather meaning

Yep, people (spacially the big hands) are waiting for a reason to get in.
The reasons not to get in have temporarily dissipated (China, bitcoin auction).

We need either the Winklevoss EFT or a big name like eBay to ignite the rocket.

It will have to be a big name other than eBay. I highly doubt they would willingly allow a payment channel that would then compete directly with paypal, which is an enormous asset to them. And it's not as if they need to worry about pressure from outside; there is virtually no competition in the online auction space. Also, we had a large, well known merchant (newegg) and another big player (1-800-flowers) announce bitcoin integration last week and it barely nudged the market, and in fact we're going down again. I don't think anything less than amazon would have an effect at this point.

the ceo of ebay has said for over a year he wants to integrate bitcoin , and paypal also said they want to deal with it too.

Yep, here he is:
http://video.cnbc.com/gallery/?video=3000281677

He can see that cryptos will eventually win (bitcoin or in some other shape), it's very smart of him to adapt to this fact.

[Dps23]

Bull market don't go up in a straight line.

The fallback is to get rid of people with weak hand.

It sure doesnt, everyone is trying to find a reason to push the price up, but still nothing major.

You cant actualy predict the market, and even those fallbacks can be simple cashouts, without greather meaning

I believe we reach $5500 by the end of the year

its clear when you look at chart

[CEG5952]

Bull market don't go up in a straight line.

The fallback is to get rid of people with weak hand.

It sure doesnt, everyone is trying to find a reason to push the price up, but still nothing major.

You cant actualy predict the market, and even those fallbacks can be simple cashouts, without greather meaning

I believe we reach $5500 by the end of the year

its clear when you look at chart

It's "clear"? LOL, I'm bullish but not blindly so. I'd like to see your chart that makes this so obvious. If the market were this predictable, we'd all be filthy rich by now. Instead, we're all still waiting for bitcoin to take off.

[lowstrife]

I think these charts need to be posted. I do think the bubble cycle is still in effect, and I do think that if we bubble up in the coming months we will see roughly $5000. That's my average guess.



Check my tradingview account for more stuff like this, I've made a few more:
https://www.tradingview.com/u/lowstrife/

https://i.imgur.com/khsBncr.png

https://i.imgur.com/OFu0sD4.png

[wobber]

Nice charts. So based on your analysis, how long should the stability period be and when should the top be expected?

[Keyara]

Bull market don't go up in a straight line.

The fallback is to get rid of people with weak hand.

It sure doesnt, everyone is trying to find a reason to push the price up, but still nothing major.

You cant actualy predict the market, and even those fallbacks can be simple cashouts, without greather meaning

Yep, people (spacially the big hands) are waiting for a reason to get in.
The reasons not to get in have temporarily dissipated (China, bitcoin auction).

We need either the Winklevoss EFT or a big name like eBay to ignite the rocket.

It will have to be a big name other than eBay. I highly doubt they would willingly allow a payment channel that would then compete directly with paypal, which is an enormous asset to them. And it's not as if they need to worry about pressure from outside; there is virtually no competition in the online auction space. Also, we had a large, well known merchant (newegg) and another big player (1-800-flowers) announce bitcoin integration last week and it barely nudged the market, and in fact we're going down again. I don't think anything less than amazon would have an effect at this point.

Both good news and bad news are out of the way.

It is unknown news that will either spark the rally or cause a crash.

[wobber]

This is becoming annoying. Crash, after crash after crash. I wonder how many days such event put us back from 'the next big rally'.