AnthionX
Long

Another version of the log scale chart with the bars pattern

BTCE:BTCUSD   Bitcoin / U.S. Dollar
1415 4 7
Here we have the latest bubble pattern advanced             forward up the trend line .
Just came back for this chart - seems like the china BS is suppressing the price quite alot.. will we see a break downwards or will we see an explosive growth in price within the next month? - what you you believe?
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Hi dude

Just wanted to let you know i extrapolated the red lines further for the fun of it. Post is here. I'm directing people to you since you did all the work and therefore deserve all the credit.

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AnthionX Anima87
Hi, it's fun to extend the lines in that way but I don't feel comfortable doing that. We have clearly been in a period of exponential growth and so far we are conforming to the pattern. But there is no guarantee that the pattern will continue indefinitely.
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Anima87 AnthionX
I agree.. but in these times with bitcoin becomes less and less worth, it's nice to think that there are warmer times around the corner :)

But like i've stated in my post, i just did it for the fun of it.. However, i do believe that we are still going to experience high amount of growth the coming years.. we are still a clear minority and when mass adoption hits, the coin can be 100k worth :)
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