Calling a five months target at $211 - next prediction on page 7 :)

[fairglu]

Probably will happen, but not because of your irrational graph, but because it was way overpumped in 2013.

Charting works in trading because it is a self-fulfilling prophecy: everyone (including bots) end up with the same lines, and reacts based on them... until some actual piece of news or black swan happens, and throws things "off the chart".

[noma]

Probably will happen, but not because of your irrational graph, but because it was way overpumped in 2013.

Still nothing stops it from going up again. It has been highly volatile and its hard to predict.

[asdlolciterquit]

Just for the fun of it and the record.

Why? Because a bunch of lines on a drawing converge there, and 211 because it's the nearest prime.

No idea what happens after the "singularity" on 2015 April Fool's, but being an irredeemable bull I would say up.

are you serious with your graph? uhm....i suppose you're trolling us

[Febo]

Just for the fun of it and the record.

Why? Because a bunch of lines on a drawing converge there, and 211 because it's the nearest prime.

No idea what happens after the "singularity" on 2015 April Fool's, but being an irredeemable bull I would say up.

April is to soon i say maybe in September.

[fairglu]

April is to soon i say maybe in September.

I would still prefer it to happen on April Fool's day. 

[fairglu]

Just for the fun of it and the record.

Why? Because a bunch of lines on a drawing converge there, and 211 because it's the nearest prime.

No idea what happens after the "singularity" on 2015 April Fool's, but being an irredeemable bull I would say up.

Looks like April Fool's Day is coming early this year!

[podyx]

Good call..

[Q7]

Now when read back these old threads, certain predictions indeed could be true. I mean it's not simply a wild guess but a real graph plot that points to potential btc price.

[zeroday]

So, what is the next target ? $20 or $2000 ?

[fairglu]

So, what is the next target ? $20 or $2000 ?

Neither. I will go on a limb and say a low around 180-190, then a bounce to 200-ish, where it will stay until April Fool's

After that, a slow crawl to the 250-300 range until 2016 and the next halving maybe.
No more "get rich quick" and no more very profitable mining.

[fairglu]

Neither. I will go on a limb and say a low around 180-190, then a bounce to 200-ish, where it will stay until April Fool's

After that, a slow crawl to the 250-300 range until 2016 and the next halving maybe.
No more "get rich quick" and no more very profitable mining.

Well, it did overshoot a bit, but we're at 190 now.

Not sure how long it will last.

[fairglu]

Looks like the prediction will not be too far off... 

[bassclef]

Behold the power of TA

[ThatDGuy]

Looks like the prediction will not be too far off... 

You did pretty well! Will be curious to see how 3/29 looks, the 5 month mark!

[BillyBobZorton]

So, what is the next target ? $20 or $2000 ?

Neither. I will go on a limb and say a low around 180-190, then a bounce to 200-ish, where it will stay until April Fool's

After that, a slow crawl to the 250-300 range until 2016 and the next halving maybe.
No more "get rich quick" and no more very profitable mining.

The price will go high as fuck when least expected. If there is an high adoption = there is an high price, cause and effect. And we never know when bitcoin suddenly becomes trendy and everyone and their mother jumps in.

[okthen]

Putting a Tolkien reference as an option makes it just too tempting 

Honestly, I think if we're at 211 in five months that would be so bad that it would probably mean the end of bitcoin.
So, despite these last days, I believe we're amidst an upwards trend, which should take us to about 800 by the end of the year - I'd put us in the 600/700 range in 5 months.

[fairglu]

Honestly, I think if we're at 211 in five months that would be so bad that it would probably mean the end of bitcoin.

It is definitely a "singularity" point, I am not thinking the end, more like some point that needs to be revisited before any hope of bounce.
If there is no bounce on the singularity, things would be grim indeed for BTC.

The trend lines are still valid, and it looks like we'll be there for April's fool...

TA is a bit scary, it works only because/when it is a self-fulfilling prophecy.

[manselr]

Loving this thread buddy, good call, already hiring some popcorns to watch bitcoinwisdom.com during april fools, more exciting than any movie.

[randy8777]

Putting a Tolkien reference as an option makes it just too tempting 

Honestly, I think if we're at 211 in five months that would be so bad that it would probably mean the end of bitcoin.
So, despite these last days, I believe we're amidst an upwards trend, which should take us to about 800 by the end of the year - I'd put us in the 600/700 range in 5 months.

you must be joking right? the end of bitcoin? seriously?
your $800 prediction is far too high. i think the highest it will go is probably $500

[Deadstock]

I think $300 sounds about the ball park