Is wobber right?

[bitcoinsrus]

https://bitcointalk.org/index.php?topic=686745.20

Time will pass, August will come and go, September will come and go and the price won't even be 1000 again.

Summer is coming to an end and if anything might happen (ETF, SecondMarket), that might take until late 2014 or into 2015.

Thoughts.

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By the way Wobber, I read all your comments and by your join date (2010), you really have seen a lot in bitcoinland. I respect your thoughts (trolling or not) and this thread is not to bash you (mostly having fun with a new post title).

I just wanted to see if people agreed with your quote, because it is starting to become a possibility.

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[wobber]

Not exactly trolling, but I like to make fun on the uber-bulls sometimes.

[vuduchyld]

I think the news is at least somewhat baked into the price.  I'm not sure I agree with everything Wobber has ever said, but if you're asking me whether or not the price will hit $1000 by September, I do agree with that.

[MatTheCat]

I think the news is at least somewhat baked into the price.  

and what about the Bitfinex leveraged position 'catch up' interest payments issue announced yesterday? What about the fact that a lot of traders are going to have to start paying interest on borrowing for leveraged positions that may be in the red or treading water, which they took out thinking they could hold for however long it took for Bitcoin to rise up into profit zones? What are we at now, $32 Million of USD swaps in leveraged Bitcoin long positions? Has that been priced in?

[Bagatell]

Betteridge says no.

[jcoin200]

The price may not be $1000 again this summer, but regardless, acceptance and awareness is rising daily.  There are strong indications price will be rising in the near future (next 6 months or so), maybe not to $1000, but I think its possible.

[CEG5952]

Not exactly trolling, but I like to make fun on the uber-bulls sometimes.

That's fair enough. I don't mind the occasional jab myself.

Summer is coming to an end and if anything might happen (ETF, SecondMarket), that might take until late 2014 or into 2015.

Thoughts.

Well, summer's only half over. I didn't take the July bubble predictions very seriously to begin with so.... shrug.

[madken7777]

https://bitcointalk.org/index.php?topic=686745.20

Time will pass, August will come and go, September will come and go and the price won't even be 1000 again.

Summer is coming to an end and if anything might happen (ETF, SecondMarket), that might take until late 2014 or into 2015.

Thoughts.

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By the way Wobber, I read all your comments and by your join date (2010), you really have seen a lot in bitcoinland. I respect your thoughts (trolling or not) and this thread is not to bash you (mostly having fun with a new post title).

I just wanted to see if people agreed with your quote, because it is starting to become a possibility.

He will most likely be right as a take a huge catalyst to push price above 1000.

[Patel]

The longer we wait, the higher the next ATH will be.

So I hope wobber is right.

[pinksheep]

The longer we wait, the higher the next ATH will be.

Sure hope you're right about this bit

[Torque]

https://bitcointalk.org/index.php?topic=686745.20

Time will pass, August will come and go, September will come and go and the price won't even be 1000 again.

Summer is coming to an end and if anything might happen (ETF, SecondMarket), that might take until late 2014 or into 2015.

Thoughts.

---------------------------------------------------------------------------------

By the way Wobber, I read all your comments and by your join date (2010), you really have seen a lot in bitcoinland. I respect your thoughts (trolling or not) and this thread is not to bash you (mostly having fun with a new post title).

I just wanted to see if people agreed with your quote, because it is starting to become a possibility.

Let's suppose that Wobber is one of 2-3 million people who own some bitcoin, and have some opinion about what the market will do in the next 6 months.  Yes, there is a high probability that one of those 2-3M people will have a fairly accurate prediction about what will happen.  Your only job then is to figure out if Wobber is that one person.

[vuduchyld]

I think the news is at least somewhat baked into the price.  

and what about the Bitfinex leveraged position 'catch up' interest payments issue announced yesterday? What about the fact that a lot of traders are going to have to start paying interest on borrowing for leveraged positions that may be in the red or treading water, which they took out thinking they could hold for however long it took for Bitcoin to rise up into profit zones? What are we at now, $32 Million of USD swaps in leveraged Bitcoin long positions? Has that been priced in?

Probably.  Just to be clear, I am saying I agree that the price will not hit $1000 in August or September.  Though I also think risk has been priced in.  We don't seem to be getting much movement on news these days.

[tabnloz]

Everyone is saying that summer will see Wall St money enter the space. I hope it is but it seems to me that The Street has to wait for the Lawsky regs to be handed down. If this comes out as a positive for the industry, it'll be hold on to your horses.

[gentlemand]

Q4 2014 or into 2015 gets my vote. My guess is that 2014 will go down in history as an elongated period of launch pad construction.  

[Newbie1022]

Wobber is right.

[maker88]

i hope you guys are right and i have a long time to get more coins. I'm not so sure myself yet.

[Newbie1022]

i hope you guys are right and i have a long time to get more coins. I'm not so sure myself yet.

You'll have cheap coins next week. It'll probably be the last buying opportunity. Merry Christmas.

[RyNinDaCleM]

The longer we wait, the higher the next ATH will be.

So I hope wobber is right.

This is something that is unfalsifiable, but I don't think this is the case.
During bubble mode, the longer it is let to go on, the more devastating the correction is. I don't think it works in the other direction. It's not like the market is holding back the buy pressure. There just isn't enough for lift off, yet.

[piramida]

It's not like the market is holding back the buy pressure.

Actually, it is. The longer the stable period, the more money are waiting undecided whether to buy or wait for lower prices.

[TheJuice]

It's not like the market is holding back the buy pressure.

Actually, it is. The longer the stable period, the more money are waiting undecided whether to buy or wait for lower prices.

gold is 2 trillion. we are 8 billion. i will await gold parity.