Ninjastic
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Rampion
on 27/11/2013, 19:56:00 UTC
Quote from: yefi on November 27, 2013, 07:16:48 PM
Quote from: Rampion on November 27, 2013, 06:47:18 PM
Quote from: EuroTrash on November 27, 2013, 06:44:03 PM
Almost everyone is a bull here, even during a megadump like this one.... uhm...


Being bearish right now is almost equal to being a retarded. The price recovered after a 50% crash (900-450) and we just had a nice consolidation phase in which the bid side was replenished and the confidence restored.

In the meanwhile, the Senate legitimates BTC and the media exposure is huge. Big money wants in. Billionaires are coming.

And pigs are slaughtered, and weak hands shaken off.
Yep, the stage looks set for another massive rise. I originally called $1700 on this, but I'm beginning to think I was being too conservative. Cheesy

My first call was $2300, but I guess its an out-of-my-ass kind of figure. It really depends on how it behaves. Its clear to me that the fastest it grows (going double exponential, then parabolic) the sooner it crashes. So guessing a top at this stage is sheer luck, everything depends on price action.