Quote from: whysosweet on August 27, 2014, 08:27:59 AM

Quote from: Wekkel on August 27, 2014, 05:21:03 AM

Quote from: KarmaShark on August 26, 2014, 04:41:16 PM

The longer the price sits around this area, the more tension that is being built up below the surface. Eventually the pressure is going to be too much and the hatch will be blown 500 feet into the sky. If we stay down below the current ATH until the spring of 2015, I can see the next bubble taking us very close to $10,0000/coin before taking a nose dive back down, with a few dead cat bounces along the way.

Live through a few bubbles and your perspective changes on what can and cannot happen in the Wild West of cryptocurrency.

This has been the recent past. If crypto has a future, please be prepared to be surprised again.

Every time we see the same threads, in some months there will be a bubble and all the bearish people will buy at loss.

I think everyone should check the facts. Yes, price per unit is more than last year same time, but with all the news and adoption, we haven't made a significant move for months now.

I'm calling it: no more bubbles, rallies or rapid price increases. TA applied on bitcoin is just tea reading. I see nothing notable happening soon (ie next 12-18 months)