Post
Topic
Board Speculation
Re: rpietila Wall Observer - the Quality TA Thread ;)
by
windjc
on 01/07/2014, 08:40:09 UTC
TL; DR: We are at 650 in the beginning of July, 2014.

Looks like this particular prediction will come out right. On rpietila's time zone, it may even be exact.


Risto is a boss, this is spooky accurate.

Wow, it's truly spot on!
I hope he predicts 10000 for the beginning of August or something Grin

https://bitcointalk.org/index.php?topic=178336.msg6847561#msg6847561

Quote from: rpietila
we are there earliest mid-July at 4700. If it postpones till August or longer, it also goes higher.

Oh wow!
Now I hope we are lower than 4700 mid-July!
Never thought I'd say that Cheesy

I think the auction is going to make us late...

But the whole auction fuss is over, no?
We already know we won't know the winning bids unless each winner tells it publicly.
Which means there won't be a single-moment news that tells us everything...

29,000 coins were sold, but that was just the escrowed coins (or something like that).
Ulbrichts private stash is 144,000 coins. So, for perspectives sake, things are "just starting".
I quote that as the trial may be a bit long so who knows when those coins hit the market.

But, most importantly, the sale has been bullish. It has been shown the demand is way higher than the supply.
I imagine companies like Bitpay and the like can have buyers for all coins collected each day (meaning their coins may never hit markets.)

IAS


This is already happening and one of the reasons that volume on exchanges has been going steadily down.