Bitcoin Forum

will bitcoin fall below $7 before 11:59:59pm PACIFIC STANDARD TIME today?

Define 'today'.

Yeah, because its already tomorrow in some parts of the world.

If we are talking UTC then I think yes, it probably will.

fixed.  would UTC have been a better option?

If it's GMT-7 then yes, I do consider it likely that we will see $7 within the next 12 hours.

No, above US$9 before midnight.


http://anonymouse.org/cgi-bin/anon-www.cgi/http://img404.imageshack.us/img404/6528/speculation.png (http://imageshack.us/photo/my-images/404/speculation.png/)

Uploaded with ImageShack.us (http://imageshack.us)

It IS GMT. UTC=GMT

I hope so!  I want it to go to $2 again, and I believe pirate and his posse can make it happen.

He said PST, which is UTC-8. (I.e. one hour west of the US west coast while DST is in effect. Probably not what he meant, but that's what he said... :P)

no freaking waaaaaayyyy

 ???

http://img23.imageshack.us/img23/5900/speculation2.png (http://imageshack.us/photo/my-images/23/speculation2.png/)

Uploaded with ImageShack.us (http://imageshack.us)

Lol we are going to go way down, don't kid yourselves.

still feeling the same way or was 7.58 the floor?

This is no rebound. What we have on our hands are individuals trying to rise the price themselves by buying high. Because of this, we also have other individuals thinking that the rise of Bitcoin/USD is now.

Simply looking at the BTC price history, these rapid rises don't last very long.

For me, I hope it falls so my money can buy me more bitcoins. For bitcoin, I hope it rises. I think it will fall.

back up on 10 right now...

ahh, don't worry about that. It's just like Mitchow said...

keep retreating people.

http://t1.gstatic.com/images?q=tbn:ANd9GcRELMZnhO33Je9ZBk6phJLiKbjsrtqAd_Ab4lfkO1K4YFnuyHQsgSgiQv9oaQ

Don't worry it's going back down real soon. Every action has a reaction and all that. Fast falls and rises always bounce.

it's okay tho because pirate40 is "legit" according to Matt Wright, so pirate40 will need to manipulate the market back up to $15 over the next couple few weeks.  thank you mr pirate! you taught us a valuable lesson!

I have no clue what he is doing or what is going on?
Someone able to fill me in? On what he is doing and how?

-Thanks,

no. put your coins where your mouth is, betsofbitco.in

We're in "return to normal" phase.
We'll go to $11 - $12 first before we roller coaster back to $5.

This will be funny, because we'll repeat history twice.

https://i.imgur.com/kaxit.jpg

I'm still holding my measly coins. anyone want to help me break a block at nmcbit.com ?

i'm sure it will happen a few more times at least

Ah, looks like my chart scare away buyers. Will we go to $5 soon without the ride to $11 - $12 first ?
I mean, some miners are really really really want to sell on $12.

EDIT : new chart with price added by request

Previous bitcoin bubble
https://i.imgur.com/44kCu.png

Current bitcoin bubble
https://i.imgur.com/kV2y3.png

No one knows about the future.

Also, Bitcoins is a entirely new beast... So, go ahead, "predict it"!

What I know now is that a huge Bitcoin holder (a.k.a. Pirate) just give up, returned its client's coins, close its doors and, from now on, much more people around the world have its own Bitcoins...

In the end of the day, this is VERY GOOD for Bitcoin as a whole. Bitcoins are much more distributed/dispersed.

Cheers!
Thiago

https://i.imgur.com/EIhS3.gif

Very scared indeed... ;D ;D ;D ;D

What does the animation even mean...

as mentioned, cant know future, bubbles are really only bubbles from a financial aspect once they have popped

the major falls coincide with major sell offs. that what pushes a price down or up, the shortage or excess of supply & demand

and major sell offs occur when either someone decides its a good price and dumps a heap, or/and others see price go down, panic and dump to catch the high price

but they're not catching the same price they sell for a little less, and on and on like dominos

Okay, yeah, right. Yeah, sure, we believe you. ::)

But how does Oat Hay translate into that...?

You do know Jennifer Lawrence isn't actually mouthing "Oat Hay", right? The gesture's supposed to be translated as "uh-huh, yeah right."

Oh yeah. I put my ear right next to the speaker and there's no audio coming out when i watch the animation

Because you are doing it wrong, you have to use a postfiltering at 4Khz (approx.), gain compensation at 90dB and slowdown the signal 20 times, then she clearly says:

OMG!!!! THIS IS THE FUCKING END OF BITCOIN!!!! ------ SELL! SELL! SELL!!! SEEEEEEEEEEeeeEEEEeeeeEEEeeeeeeEEEELL!!!!!111!!1!1!

Of course with a very low pitch tone.

http://www.purotuning.com/imagenes/trolls/true-history.png

OH shit. found the problem. My hi-fi 4-head equalizer was set to OFF. silly me

i dreamt right now it plummeting to 0.01 in i bought like 300.000 coins
i saw the numbers counting upwards in my dream. nice feeling
then the trades were revoked and "corrected".
bummer

I had a similar dream! lol

At $7 we have mayor support level, made at Jan 2012, and today we touch it ..also it is 50% retrece Fibbonaci Level , and than price bounce to 10.3
in next few days we will see consolidation around 9-10
if in next few days we break 11 level ..we are still in up trend