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Question: Do you still expect a big rally in the next 32 days given the recent price drops?  (Voting closed: October 30, 2014, 01:17:40 PM)
YES - 77 (48.1%)
NO - 83 (51.9%)
Total Voters: 160

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Author Topic: POLL: Do you still expect a big rally in the next 32 days?  (Read 4318 times)
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wobber (OP)
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September 01, 2014, 01:17:40 PM
Last edit: September 29, 2014, 04:27:58 PM by wobber
 #1

I for one, don't. I know we'll laugh at this topic in 2 years or so, but I can't see anything big happening with the price in the next few months.

Price cold go very easily to 550 but beyond that we need lots of newcomers and adoption.

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bomb177
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September 01, 2014, 01:25:59 PM
 #2

There's no reason for the price to drop again, I'm expecting this rally for sure.
vuduchyld
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September 01, 2014, 01:28:00 PM
 #3

I couldn't vote because you didn't have an IDK option.

My time horizon is larger than 60 days, so I don't know and frankly don't care at all.

Pretty sure we'll be significantly higher than today if/when I sell or spend.
wobber (OP)
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September 01, 2014, 01:30:45 PM
 #4

I couldn't vote because you didn't have an IDK option.

My time horizon is larger than 60 days, so I don't know and frankly don't care at all.

Pretty sure we'll be significantly higher than today if/when I sell or spend.

I left out that option because I'm interested only in opinions within that timeframe. You being a longterm investor are looking at maybe at least 6+ months.

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Cortex7
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September 01, 2014, 01:34:24 PM
 #5

Yeah sure, people have recharged on summer holidays and now want to ride the next bubble. If enough want to ride then we ride.
Capt Drake
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September 01, 2014, 01:36:16 PM
 #6

I don't think so, the price could go up to 600 but not another rally, maybe next year...
Sampey
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September 01, 2014, 01:40:30 PM
 #7

YES Of Course (No, i'm not sure  Grin Grin )
ensurance982
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September 01, 2014, 02:07:03 PM
 #8

Umm a big rally... no. I believe we're in for some more bottom fishing, maybe some bleeding out and capitulation of some sort. And just when the trollbears log off this forum and believe that Bitcoin is done, we'll see a slow but healthy recovery. Before they realize it, Bitcoin has achieved a new ATH. Don't Panic!

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September 01, 2014, 02:48:49 PM
 #9


Miners are at the point of struggling to make profit im sticking with my theory of sideways BTC/on the verge of a bubble.  Maybe the redrafted bitlicence will kick us off.
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September 01, 2014, 02:52:41 PM
 #10

So nows the time to slowly accumulate.

Even if we do go down to the 300's it won't matter when the next big rally comes. Prices are low right here.
minerpumpkin
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September 01, 2014, 02:58:44 PM
 #11

Right now, no. I guess the 'bubble' failed to manifest itself in time, and now it's a question where the real bottom is. We may have already seen it, but we may still be looking for it. We could re-test the $350s, even if it's ugly down there. Well be wiser in a year I guess.

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Cortex7
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September 01, 2014, 03:01:26 PM
 #12

So nows the time to slowly accumulate.

Even if we do go down to the 300's it won't matter when the next big rally comes. Prices are low right here.

Yes I would say it's good strategy to be more in than out at this time.
minerpumpkin
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September 01, 2014, 03:09:21 PM
 #13

So nows the time to slowly accumulate.

Even if we do go down to the 300's it won't matter when the next big rally comes. Prices are low right here.

Yes I would say it's good strategy to be more in than out at this time.

But what if we fall into the $100s? I think it may be prudent to have at least some FIAT left over in order buy, in case the price makes a massive drop down to those levels! Also, keep in mind the whole Bitcoin experiment may still fail economically!

I should have gotten into Bitcoin back in 1992...
InwardContour
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September 01, 2014, 03:11:34 PM
 #14

I for one, don't. I know we'll laugh at this topic in 2 years or so, but I can't see anything big happening with the price in the next few months.

Price cold go very easily to 550 but beyond that we need lots of newcomers and adoption.

The recent Twitch.tv adoption in my opinion could help to start the new rally but it's a long way to go.
minerpumpkin
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September 01, 2014, 03:14:56 PM
 #15

I for one, don't. I know we'll laugh at this topic in 2 years or so, but I can't see anything big happening with the price in the next few months.

Price cold go very easily to 550 but beyond that we need lots of newcomers and adoption.

The recent Twitch.tv adoption in my opinion could help to start the new rally but it's a long way to go.

Yeah it could be a way to spread the word about Bitcoin. But people watching stuff on Twitch don't usually have a ton of money to invest. Yes, maybe when they're older, but that's quite some water down the river, I guess...

I should have gotten into Bitcoin back in 1992...
Cortex7
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September 01, 2014, 03:43:12 PM
 #16

So nows the time to slowly accumulate.

Even if we do go down to the 300's it won't matter when the next big rally comes. Prices are low right here.

Yes I would say it's good strategy to be more in than out at this time.

But what if we fall into the $100s? I think it may be prudent to have at least some FIAT left over in order buy, in case the price makes a massive drop down to those levels! Also, keep in mind the whole Bitcoin experiment may still fail economically!

I agree with you, at the moment I daytrade and try to mantain:

~ 70% coin
~ 30% fiat

That leaves you some dry powder for any plunges. (Personally I don't think we will see $100 over all exchanges)

So that still means "more in than out" for me.

At macro tops you want to aim for 100% coin, bottoms 100% fiat, but of course it's a fuzzy subjective game. So we're all "correct" ( from our own perspectives Cheesy )
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September 01, 2014, 03:53:54 PM
 #17

In the next 60 days I expect the market to find the real bottom, that's all. And then a nice 80% rebound, followed by a couple of small corrections and then a slow uptrend.

Sometimes, if it looks too bullish, it's actually bearish
matt608
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September 01, 2014, 03:56:26 PM
 #18

I haven't got a clue.  Sentiment can change overnight, anything could happen. 
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September 01, 2014, 04:47:45 PM
 #19

I voted no because the word "expect" is too strong.
I wouldn't rule it out, but I don't expect it.

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Cortex7
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September 01, 2014, 06:31:22 PM
 #20

I for one, don't. I know we'll laugh at this topic in 2 years or so, but I can't see anything big happening with the price in the next few months.

Price cold go very easily to 550 but beyond that we need lots of newcomers and adoption.

I must note that the first post by OP was biased, exposing readers to suggestion.

So the collected data will need to be calibrated.

I recommend >= +10% on the "yes" count.
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