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BitCoin

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middler
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Re: BitCoin

Fri Jan 06, 2017 6:08 pm

I would like to know, since we have such different opinions about what's going on, why is that your prediction.

Why 800?

Why March?
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Re: BitCoin

Sat Jan 07, 2017 4:41 am

middler wrote: I would like to know, since we have such different opinions about what's going on, why is that your prediction.

Why 800?

Why March?
Usually the price reverts back to what it was within a few months after an initial price hike.. not always but most of the time... It was around $750 about a month ago... Then it spiked to over $1100... that's why I guess $800 by March as I expected those who bought at $750 or better to take a nice profit by selling causing the price to fall once again as it usually does after a huge upward trend. My guess of $800 by March was damn near spot on.... as I type this the price is $820... As mentioned I'm invested in bitcoin so I want the price to increase.... yet after years of following these trends it is clear to me that the value might drop even further...
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Re: BitCoin

Sat Jan 07, 2017 3:47 pm

History repeats itself.............
Here's the last 5 dips....

http://imgur.com/a/D1Nde
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Re: BitCoin

Sat Jan 07, 2017 8:46 pm

I was just curious about the reason for your estimation but it does sound logic.

The only thing I disagree with is that the distributive phase is much faster that the accumulative one, so in my opinion march is way ahead in time for an accurate prediction.

This doesn't mean it won't happen, but i don't think that if it does it will be part of the same "movement".
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Re: BitCoin

Sun Jan 08, 2017 1:49 am

In my initial post I said that the price would reach 800 by March.. not that it would stabilize at 800 in March.... huge difference in the two.. some on here said it would continue to rise... Yet my prediction almost pretty much came true as it came down to 820 about a day ago...
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Re: BitCoin

Sun Jan 08, 2017 5:03 am

Who in here said it would continue to rise?
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Re: BitCoin

Sun Jan 08, 2017 6:43 pm

RoosterDonky wrote: That's a tough one to live with there.
Missed opportunities are a bitch.
I've been snagging it since $775 as it crossed a couple resistance lines to get there.
Last resistance is the all time high around $1150 ish.
I don't see it going back down to 800 as mainly Chinese trading seems to be moving the price.
I can see some profit taking (3-5% price dip) but I don't think back to 800 though.
The continued devaluing of Yuan and lowered banking reserve requirements have led to a flat year for stocks in China.
Usually this type of activity would be gasoline for your stock market but they don't seem to be having any of that which means trading volume and price has been on the rise for BTC.
Then you add in Authoritarian style govt's attack on paper money and India's action against gold, I think it's gonna go soar in 2017.


You did sir....

"I think it's gonna go soar in 2017" ......
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Re: BitCoin

Mon Jan 09, 2017 6:08 am

We're 8 days deep in 2017 is that the conclusion of the year or is there 357 days left?

Did I say to not short it at 1k before to another poster?
Yup.

Did I warn of a resistance point of $1150 ish (Two separate times)?
Yup.

What happened when a high of $1136.72 was reached?
http://imgur.com/a/ZLyKm

Did BTC fall to 800 or better like you said?
Nope.

What you did do is mention 1k btc in USD as something special when 90+% of the trade volume is done in Yuan.
Is that helpful?
Nope.

Did you answer my question that if 1k was so special why did it go to $1130+?
Nope.

Did I do the study and share it with the chat about Chinese heavily shorting BTC thus explaining the dip?
Yup.

Did you break down the math for the last 5 dips and find the average loss based on price history for a re entry point?
Nope.

Nice job of not including all that I have said about it (BTC) and then double down on that type of nonsense and then when someone says its going up in 2017, start to point fingers after 8 days.
Commendable.

Keep waiting for $800 or better BTC, Oracle.

BTC is $894.70 as I am typing this.
Last edited by RoosterDonky on Mon Jan 09, 2017 6:41 am, edited 1 time in total.
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Re: BitCoin

Tue Jan 10, 2017 12:44 am

RoosterDonky wrote: We're 8 days deep in 2017 is that the conclusion of the year or is there 357 days left?

Did I say to not short it at 1k before to another poster?
Yup.

Did I warn of a resistance point of $1150 ish (Two separate times)?
Yup.

What happened when a high of $1136.72 was reached?
http://imgur.com/a/ZLyKm

Did BTC fall to 800 or better like you said?
Nope.

What you did do is mention 1k btc in USD as something special when 90+% of the trade volume is done in Yuan.
Is that helpful?
Nope.

Did you answer my question that if 1k was so special why did it go to $1130+?
Nope.

Did I do the study and share it with the chat about Chinese heavily shorting BTC thus explaining the dip?
Yup.

Did you break down the math for the last 5 dips and find the average loss based on price history for a re entry point?
Nope.

Nice job of not including all that I have said about it (BTC) and then double down on that type of nonsense and then when someone says its going up in 2017, start to point fingers after 8 days.
Commendable.

Keep waiting for $800 or better BTC, Oracle.

BTC is $894.70 as I am typing this.
LOLOLOLOL

Last I checked I don't owe you or anyone else on this a forum an explanation on anything... If you want to do the homework for the rest of the class then that can be your duty... I don't have to do maths regarding the data you provided I'll leave that for the so called expert here... (YOU) LOLOL My prediction pretty much came to fruition as the price came down to 820 which is 20 off the 800 I quoted we would see by March.. I don't have to say anything else here as everyone can see that what I said came to be... meanwhile you play with your silly graphs and read articles as to why the "chinese" are doing what they do... I've been well informed since 2012 regarding btc... you're not going to teach me anything new... carry on..
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Re: BitCoin

Tue Jan 10, 2017 8:22 am

You don't give an explanation because you're ignorant and you don't have an explanation.

Let's break down what you actually did and people can check post dates and how they match up with the price history chart.

Here is some of your Oracle like "brilliance" on display....
"Looks like there will be a new price high today if things keep trending upwards.."
"as I expected those who bought at $750 or better to take a nice profit by selling causing the price to fall once again as it usually does after a huge upward trend."

And this is the best from your Jan 7th post.........
"My guess of $800 by March was damn near spot on.... as I type this the price is $820..."
Here is another from the 6th.......
"$85 ish off from my predicted price of $800 by March...I think the selling will continue. I would recommend not to buy now and wait for 800 or BETTER....."

Here's the price chart for the 7th........
http://imgur.com/a/DcBJr

Very nice "prediction" after the crash, lolz.


Then you put your ignorance on display by saying this....
"you play with your silly graphs and read articles as to why the "chinese" are doing what they do"
Ya because I guess trying to find valid reasons for a price move and studying those "silly graphs" to learn of the history of previous dips is just foolish in your eyes. I guess I'm silly like that.

Then this laugher...
"I've been well informed since 2012 regarding btc... you're not going to teach me anything new"
You are an idiot. You make a "prediction"  after it happens and still get the price wrong, you don't know the reason for it and then when someone tells you the reason for it, you poke fun at them.

I'm gonna take a page out of your book and "predict" both things and then when 1 of them happen, I'll come back here and point fingers at others who are "foolish" enough to provide facts concerning volume and historical price data.
Ok here we go...
BTC is going up tomorrow
BTC is going down tomorrow.

Maybe I'll go the extra mile and make a "prediction" the day after it happens.

I'll do as you do and come on here and crow about it tomorrow.

Thank for sharing your "useful insights" with the group, loz.
Last edited by RoosterDonky on Tue Jan 10, 2017 8:29 am, edited 1 time in total.
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Re: BitCoin

Tue Jan 10, 2017 5:15 pm

The price was at 1kish on Jan 2nd when I said we would see 800ish by March... it came down to 820 days later..... 20 off my predicted price. Keep posting charts and acting like you know it all I honestly don't care about your thoughts or opinions.. good day sir.
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Re: BitCoin

Wed Jan 11, 2017 6:26 pm

As I type $770 ......... I was correct when I made my prediction on Jan 2nd... CASE CLOSED... now let's revisit the thread say mid year to see if the price "soars in 2017" as you said... keep in mind I want it to do just that... as I'm invested.
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Re: BitCoin

Wed Jan 11, 2017 6:32 pm

I would like to see less bla-bla and more justification and analysis for the targets that you all give guys.
You understand that some people follow closely.
Thank you.
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Re: BitCoin

Wed Jan 11, 2017 7:35 pm

So you've been saying all along that the price will drop to 800 by March.

Yet, you've been stating that you are invested and want it's value to increase.

So if your prediction was so accurate and you really believed what you are bragging so much about, why didn't you short it, to go long once again once it reached your goal (if you really think it's value will increase)?

Please, do yourself a favor and stop taking credit for this.. it's been less than 2 weeks and the price went up to over 1100 and dropped to 750. You could have said that the value would reach any number between those figures and you would have taken credit for it..

It's obvious that you have no idea what will happen in March.

You don't even know how much is being invested by buyers nor by sellers, and you don't care where money is coming from.

You seem to be one of many people who gambled on BTC and have been lucky with the outcome, so take your profits and move on, but don't try to teach people with your guru predictions.
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Re: BitCoin

Wed Jan 11, 2017 8:03 pm

middler wrote: So you've been saying all along that the price will drop to 800 by March.

Yet, you've been stating that you are invested and want it's value to increase.

So if your prediction was so accurate and you really believed what you are bragging so much about, why didn't you short it, to go long once again once it reached your goal (if you really think it's value will increase)?

Please, do yourself a favor and stop taking credit for this.. it's been less than 2 weeks and the price went up to over 1100 and dropped to 750. You could have said that the value would reach any number between those figures and you would have taken credit for it..

It's obvious that you have no idea what will happen in March.

You don't even know how much is being invested by buyers nor by sellers, and you don't care where money is coming from.

You seem to be one of many people who gambled on BTC and have been lucky with the outcome, so take your profits and move on, but don't try to teach people with your guru predictions.
You need to reread from post #2 in this thread as you got several things wrong... I said we would see 800 BY (before/during) March not that the price would settle there.. we have seen 800 today..  Also I'm not taking credit for anything... a prediction is just that ... one can be right or wrong I have no reason to take credit for this just admit that what I said came to be... Also who said I shorted or didn't short when the price was over 1k? You don't know what I'm doing regarding my investments so stop assuming. I'm not trying to teach anyone here so you got that wrong aswell. Just sharing my opinion here if you don't like it you can stop reading... now.

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