Quote from: rjclarke2000 on December 12, 2016, 10:34:43 PM

Quote from: Rampion on December 12, 2016, 10:32:52 PM

After we pass the $785 mark on Stamp there's no real resistance until ATH. And you know what happens when we approach ATH, right? Media frenzy, irrational exuberance, and exponential we go.

On most other markets (Kraken, BTC-E, Huobi) that resistance point, which is the mid-June high, has already been broken. The other side of the story says that on Stamp we had a double or even triple top, which should be a bad signal.

But Bitcoin never gives a fuck about TA or double or triple tops. Up we go. I'm buying!

Why after 785 will we get past 800,900,1000 without too much trouble?

Not really, we will go to ATH (around $1200) with no real resistance and then we go exponential for a relatively short time before the crash - like it always happened. I've witnessed this shit three times already Cheesy

Probably the big rally will not be as exponential and short-lived as in Dec 2013, Apr. 2013 and June 2011 (when price started doubling every week) because the coin is getting mature and the market getting bigger, much more money is needed for the price to double - but its still a very small market which is very prone to big rallies and big crashes.