Spring 2017. Guess The Bubble Peak

[lunar]

So as it seems we are in bubble season once again......just for prestige and giggles.

We have a little introductory article here. bitcoin.com halving-history-suggests-price-is-heading-for-11210

Lets play guess the top.

US$ price on Bitstamp. bonus points for the date

Winner probably the made the trade of the year.

I've added a poll to see if wisdom of the crowd is any better. Select - 2. Votes can't be changed. 1 week only.

No more guesses after the price has reached $1500

 

[lunar]

My Guess $8750 on the 7th feb 2017

 

[yrral86]

How do you define top? How far down does it have to correct for the rally to be "over"? Also, are you sure you want to use stamp? It has deviated quite strongly from the other exchanges tonight. MtGox was the last exchange to have such a large difference from the rest of the herd.

 

[Bagatell]

US$ price on Bitstamp.

Now we need more threads for yuan, bolivars and naira!

 

[sickpig]

@lunar

last prediction by chessnut on btctalk was quite on spot, see:
https://bitcointalk.org/index.php?topic=812637.msg17273068#msg17273068

His new one is a bunch of months of sideways and then 15/1600 by May 2017

 

[lunar]

@yrral86 suggestions for a better one? Kraken maybe but we'd need to move to euros. GDAX perhaps? I Don't yet trust the Chinese exchanges due to zero fee fake volumes.

Anyway it's just a little fun. I think we'll be able to recognise the peak a few month afterwards i'll set a reminder and have a look.

Ps whats your guess?

 

[lunar]

@sickpig, Chessnut seems to have made another great call; from that post you linked.

"Happy bubbles everyone looks like this is happening. Target for 3 would be 8000-9000 yuan at a glance."

Apparently he didn't quite listen to his own advice when making that second sketch, but maybe the form of his chart will now play out?

This feels good, it slows things down a little.

The game is afoot.

 

[yrral86]

@yrral86 suggestions for a better one? Kraken maybe but we'd need to move to euros. GDAX perhaps? I Don't yet trust the Chinese exchanges due to zero fee fake volumes.

Anyway it's just a little fun. I think we'll be able to recognise the peak a few month afterwards i'll set a reminder and have a look.

Ps whats your guess?

Kraken also trades USD, but the volume is a bit low. GDAX, Kraken, and Bitfinex are generally in pretty close alignment.

Bubble, round 1 may already be done. 1139 (stamp) - 1175 (gdax) is the potential top. However, I would be surprised if we don't get at least one more round sometime this year.

 

[Munesh Kumar]

By the end of 2017 the Bitcoin Rate will be $2000 +.