Silk Road forums

Discussion => Off topic => Topic started by: fable on January 07, 2012, 09:16 am

Title: BTC are going to continue rising
Post by: fable on January 07, 2012, 09:16 am
Hey, so here I am being a dumb analyst again but I strongly believe that the price of BTC will continue to rise until sometime after the 15th.  So, you should buy now before they get too high.   8)

Here is why I believe they will keep rising:

The Israel media just hyped bitcoins:
http://www.betabeat.com/2011/12/30/israel-media-discovers-bitcoin/

Bitcoins are about to star in a popular TV show:
http://www.bitcoinmoney.com/post/14477298096/the-good-wife-bitcoin-episode

And last but not least, check out the current market data. The overall trend is up, there are a few dips but the trend is much steeper.  And look at the market depth!  The wave of people trying to purchase BTC is much higher than those selling.... so prices should continue to rise.

http://mtgoxlive.com/orders

http://bitcoincharts.com/markets/mtgoxUSD.html


If I'm right, now is the time to invest to make a quick buck or two, and the time to sell should be a few days to a week after the 15th.

What do ya'll think?
Title: Re: BTC are going to continue rising
Post by: fable on January 07, 2012, 03:42 pm
Btw, if anyone makes a coin using my advice, you should throw some my way because I don't have any money to invest.  ::)
Title: Re: BTC are going to continue rising
Post by: flibs on January 07, 2012, 03:59 pm
I remember people saying bitcoin prices were rising because of the holidays and would go back down after new years... Fuck i wish i bought my coins earlier. Now i just need to figure out how to make money from this
Title: Re: BTC are going to continue rising
Post by: bolovide on January 07, 2012, 05:04 pm
I'm glad I bought some, and am partially glad mtgox isn't releasing funds till I verify my account.  Making me wait, while making me money!
Title: Re: BTC are going to continue rising
Post by: fable on January 08, 2012, 05:32 pm
Still going up!   :D
Title: Re: BTC are going to continue rising
Post by: rise_against on January 08, 2012, 06:34 pm
yea, it's making me happy about some of my buyers letting purchases auto-finalize,  i'm doubling my money because of it.  so thanks to those of you that never finalized. 
Title: Re: BTC are going to continue rising
Post by: Horizons on January 08, 2012, 06:52 pm
yea, it's making me happy about some of my buyers letting purchases auto-finalize,  i'm doubling my money because of it.  so thanks to those of you that never finalized.

This makes no sense. You get paid in bitcoins, so if someone finalizes early you can still just wait before selling your BTCs.
Title: Re: BTC are going to continue rising
Post by: mito on January 09, 2012, 02:05 pm
shoot, yesterday night I purchased around $400 worth of bitcoins, 12 hours later I'm almost $15 poorer.....

#$*#@&$(#@*&$@#$

BTC is falling right now, hopefully it will start going back up.
Title: Re: BTC are going to continue rising
Post by: moonbear on January 09, 2012, 02:09 pm
I wonder if BC will go up very much in the next decade? Or will it just fluctuate regularly?
Title: Re: BTC are going to continue rising
Post by: fable on January 10, 2012, 11:01 am
Grr... yeah.  I saw them fall to 6 again, but I'm still fairly confident in the TV show thing.... I hope that's enough media attention to get em movin because I'm not selling the ones I have now!