Bitcoin Forum

Economy => Speculation => Topic started by: paulie_w on August 30, 2012, 01:30:02 PM



Title: damn guys, where's our single-digit drop?
Post by: paulie_w on August 30, 2012, 01:30:02 PM
i'm waiting with my dollars!


Title: Re: damn guys, where's our single-digit drop?
Post by: Technomage on August 30, 2012, 01:33:17 PM
Didn't you hear? It has been cancelled. $10.6 was too much to handle.


Title: Re: damn guys, where's our single-digit drop?
Post by: paulie_w on August 30, 2012, 01:37:42 PM
how sad. where's a pirate selloff when you need it?


Title: Re: damn guys, where's our single-digit drop?
Post by: cypherdoc on August 30, 2012, 02:24:42 PM
it ain't comin'


Title: Re: damn guys, where's our single-digit drop?
Post by: Rygon on August 30, 2012, 03:36:53 PM
it ain't comin'

+1


Title: Re: damn guys, where's our single-digit drop?
Post by: el_rlee on August 30, 2012, 05:04:55 PM
bull trap, boys & girls


Title: Re: damn guys, where's our single-digit drop?
Post by: Cablez on August 30, 2012, 05:17:49 PM
Maybe, but what about opportunity cost?  How long are you going to leave your dollars laying around doing nothing waiting for a supposed crash?  That cash could be doing something useful in the meantime.


Title: Re: damn guys, where's our single-digit drop?
Post by: fcmatt on August 30, 2012, 05:20:26 PM
summer is over... winter bear is here.


Title: Re: damn guys, where's our single-digit drop?
Post by: Isokivi on August 30, 2012, 05:26:13 PM
I'd recon we wont see a single digit drop anytime soon, bullish is the trend to come.


Title: Re: damn guys, where's our single-digit drop?
Post by: thezerg on August 30, 2012, 06:03:35 PM
If the market is so bullish right now, how do you explain the bid/ask distribution?



Title: Re: damn guys, where's our single-digit drop?
Post by: Isokivi on August 30, 2012, 06:06:41 PM
If the market is so bullish right now, how do you explain the bid/ask distribution?


I dont, but I'd like to suggest a mental excersize for everyone trying to do that: What if it were most profitable course of action for a random nautically-themed highwayman that attempts to manipulate the market  to represent that he is doing one thing and doing the exact opposite ?


Title: Re: damn guys, where's our single-digit drop?
Post by: ElectricMucus on August 30, 2012, 06:07:47 PM
If the trendline established during the recent hickup to 12 holds it should be over the course of this week. Only if we break out of it it ain't coming.


Title: Re: damn guys, where's our single-digit drop?
Post by: el_rlee on August 30, 2012, 06:09:44 PM
forget pirate in the speculation, I don't believe he holds much BTC anymore. if you measure the value of bitcoin by the community each post in this forum would equal roughly a 100 $


Title: Re: damn guys, where's our single-digit drop?
Post by: Piper67 on August 30, 2012, 06:20:27 PM
If the market is so bullish right now, how do you explain the bid/ask distribution?



The ask/bid only shows you what's on the order book... there could be (and I'm quite certain there is) a whole lot of fiat sitting on the exchanges that isn't on the order book.


Title: Re: damn guys, where's our single-digit drop?
Post by: fcmatt on August 30, 2012, 06:21:47 PM
If the market is so bullish right now, how do you explain the bid/ask distribution?



The ask/bid only shows you what's on the order book... there could be (and I'm quite certain there is) a whole lot of fiat sitting on the exchanges that isn't on the order book.

and it is all waiting for a drop in price before buying.
only fools rush in where angels fear to tread.


Title: Re: damn guys, where's our single-digit drop?
Post by: Killerpotleaf on August 30, 2012, 06:33:06 PM
I think we did it, the price is officially STABLE!  ;)


Title: Re: damn guys, where's our single-digit drop?
Post by: yogi on August 30, 2012, 06:36:25 PM
I think we did it, the price is officially STABLE!  ;)

Haha, yeah I agree price is going to be stable form now on  ;)


Title: Re: damn guys, where's our single-digit drop?
Post by: kentrolla on August 30, 2012, 06:43:55 PM
i think that as soon as it requires 15k btc to get to $11 there is going to be a big buy to $11


Title: Re: damn guys, where's our single-digit drop?
Post by: n8rwJeTt8TrrLKPa55eU on August 30, 2012, 06:46:14 PM
http://cdn.memegenerator.net/instances/400x/25900397.jpg


Title: Re: damn guys, where's our single-digit drop?
Post by: bitcoinbear on August 30, 2012, 06:47:45 PM
Pirate does not have a bunch of coins to sell, Pirates investors do not have their expected coins to cash out, looks like the price is not going down anytime soon. I expect it to stay pretty stable for a while, in a month or two it will slowly start moving upward like it did from 5 to 10 before Pirate threw a wrench in the works.


Title: Re: damn guys, where's our single-digit drop?
Post by: yogi on August 30, 2012, 06:52:31 PM
i think that as soon as it requires 15k btc to get to $11 there is going to be a big buy to $11

Is this a prelude to another one of you dodgy bets?  ;D

Pirate does not have a bunch of coins to sell, Pirates investors do not have their expected coins to cash out, looks like the price is not going down anytime soon. I expect it to stay pretty stable for a while, in a month or two it will slowly start moving upward like it did from 5 to 10 before Pirate threw a wrench in the works.

Yeah, big announcement in September and reward drop getting closer, up does seem more likely.


Title: Re: damn guys, where's our single-digit drop?
Post by: Killerpotleaf on August 30, 2012, 07:00:09 PM
i think that as soon as it requires 15k btc to get to $11 there is going to be a big buy to $11

Is this a prelude to another one of you dodgy bets?  ;D

Pirate does not have a bunch of coins to sell, Pirates investors do not have their expected coins to cash out, looks like the price is not going down anytime soon. I expect it to stay pretty stable for a while, in a month or two it will slowly start moving upward like it did from 5 to 10 before Pirate threw a wrench in the works.

Yeah, big announcement in September and reward drop getting closer, up does seem more likely.


yes because the other 9.5 million coins have no bearing on the market.

what if the reward drop is more or less "priced in" already?
what if the big announcement, turn out to be kinda trivial to most people using bitcoin?
what if the bitinstant's debit card runs into a road block?

what are you going to do when your denial turns to fear?


Title: Re: damn guys, where's our single-digit drop?
Post by: yogi on August 30, 2012, 07:03:21 PM
i think that as soon as it requires 15k btc to get to $11 there is going to be a big buy to $11

Is this a prelude to another one of you dodgy bets?  ;D

Pirate does not have a bunch of coins to sell, Pirates investors do not have their expected coins to cash out, looks like the price is not going down anytime soon. I expect it to stay pretty stable for a while, in a month or two it will slowly start moving upward like it did from 5 to 10 before Pirate threw a wrench in the works.

Yeah, big announcement in September and reward drop getting closer, up does seem more likely.


yes because the other 9.5 million coins have no bearing on the market.

what if the reward drop is more or less "priced in" already?
what if the big announcement, turn out to be kinda trivial to most people using bitcoin?
what if the bitinstant's debit card runs into a road block?

what are you going to do when your denial turns to fear?

Wow, that's a lot of 'what if's'.


Title: Re: damn guys, where's our single-digit drop?
Post by: ElectricMucus on August 30, 2012, 07:07:22 PM
It's always ifs, the only things we can say for certain are the ones which already happend.
What you have to answer yourself is the probability of those ifs and how they interact with each other.


Title: Re: damn guys, where's our single-digit drop?
Post by: Transisto on August 30, 2012, 07:08:25 PM
What's the point of OP ? and what the point to reply to it.

"Why 10.00 and not 9.99 ?"...

/Speculation/ posts are pretty much a constant stream of shitty propaganda, better suited for IRC.

I feel like ignoring everyone here.


Title: Re: damn guys, where's our single-digit drop?
Post by: CoinDiver on August 30, 2012, 07:22:50 PM
Wow, that's a lot of 'what if's'.

What if our foreign policy of the past century is deeply flawed and has not served our national security interest?

What if we wake up one day and realize that the terrorist threat is the predictable consequence of our meddling in the affairs of others, and has nothing to do with us being free and prosperous?

What if propping up repressive regimes in the Middle East endangers both the United States and Israel?

What if occupying countries like Iraq and Afghanistan and bombing Pakistan is directly related to the hatred directed toward us?

What if someday it dawns on us that losing over 5,000 American military personnel in the Middle East since 9/11 is not a fair tradeoff with the loss of nearly 3,000 American citizens no matter how many Iraqi, Pakistanian, Afghan people are killed or displaced?

What if we finally decide that torture, even if called “enhanced interrogation technique”, is self-destructive and produces no useful information and that contracting it out to a third world nation is just as evil?

What if it is finally realized that war and military spending is always destructive to the economy?

What if all war-time spending is paid for through the deceitful and evil process of inflating and borrowing?

What if we finally see that war-time conditions always undermine personal liberty?

What if Conservatives who preach small government wake up and realize that our interventionist foreign policy provides the greatest incentive to expand the government?

What if Conservatives understood once again that their only logical position is to reject military intervention and managing an empire throughout the world?

What if the American people woke up and understood that the official reasons for going to war are almost always based on lies and promoted by war propaganda in order to serve special interests?

What if we as a nation came to realize that the quest for empire eventually destroys all great nations?

What if Obama has no intention of leaving Iraq?

What if a military draft is being planned for for the wars that would spread if our foreign policy is not changed?

What if the American people learned the truth, that our foreign policy has nothing to do with national security, that it never changes from one administration to the next?

What if war in preparation for war is a racket serving the special interests?

What if President Obama is completely wrong about Afghanistan and it turns out worse than Iraq and Vietnam put together?

What if Christianity actually teaches peace and not preventive wars of aggression?

What if diplomacy is found to be superior to bombs and bribes in protecting America?

What happens if my concerns are completely unfounded?

Nothing.

But what happens if my concerns are justified and ignored?

Nothing good.

-Ron Paul


Title: Re: damn guys, where's our single-digit drop?
Post by: waspoza on August 30, 2012, 07:31:51 PM
I think we did it, the price is officially STABLE!  ;)

Lets celebrate!
https://i.imgur.com/jtK88.gif


Title: Re: damn guys, where's our single-digit drop?
Post by: Killerpotleaf on August 30, 2012, 07:34:43 PM
Wow, that's a lot of 'what if's'.

What if our foreign policy of the past century is deeply flawed and has not served our national security interest?

What if we wake up one day and realize that the terrorist threat is the predictable consequence of our meddling in the affairs of others, and has nothing to do with us being free and prosperous?

What if propping up repressive regimes in the Middle East endangers both the United States and Israel?

What if occupying countries like Iraq and Afghanistan and bombing Pakistan is directly related to the hatred directed toward us?

What if someday it dawns on us that losing over 5,000 American military personnel in the Middle East since 9/11 is not a fair tradeoff with the loss of nearly 3,000 American citizens no matter how many Iraqi, Pakistanian, Afghan people are killed or displaced?

What if we finally decide that torture, even if called “enhanced interrogation technique”, is self-destructive and produces no useful information and that contracting it out to a third world nation is just as evil?

What if it is finally realized that war and military spending is always destructive to the economy?

What if all war-time spending is paid for through the deceitful and evil process of inflating and borrowing?

What if we finally see that war-time conditions always undermine personal liberty?

What if Conservatives who preach small government wake up and realize that our interventionist foreign policy provides the greatest incentive to expand the government?

What if Conservatives understood once again that their only logical position is to reject military intervention and managing an empire throughout the world?

What if the American people woke up and understood that the official reasons for going to war are almost always based on lies and promoted by war propaganda in order to serve special interests?

What if we as a nation came to realize that the quest for empire eventually destroys all great nations?

What if Obama has no intention of leaving Iraq?

What if a military draft is being planned for for the wars that would spread if our foreign policy is not changed?

What if the American people learned the truth, that our foreign policy has nothing to do with national security, that it never changes from one administration to the next?

What if war in preparation for war is a racket serving the special interests?

What if President Obama is completely wrong about Afghanistan and it turns out worse than Iraq and Vietnam put together?

What if Christianity actually teaches peace and not preventive wars of aggression?

What if diplomacy is found to be superior to bombs and bribes in protecting America?

What happens if my concerns are completely unfounded?

Nothing.

But what happens if my concerns are justified and ignored?

Nothing good.

-Ron Paul


:D

what if Ron Paul Gets voted into office!?  :o


Title: Re: damn guys, where's our single-digit drop?
Post by: ElectricMucus on August 30, 2012, 07:35:29 PM
:D

what if Ron Paul Gets voted into office!?  :o

LOL

what if he runs for 2016?


Title: Re: damn guys, where's our single-digit drop?
Post by: evolve on August 30, 2012, 07:40:43 PM

:D

what if Ron Paul Gets voted into office!?  :o

Then grab a parka, because hell is officially frozen over.



Title: Re: damn guys, where's our single-digit drop?
Post by: bitcoinbear on August 30, 2012, 09:45:43 PM
:D

what if Ron Paul Gets voted into office!?  :o

LOL

what if he runs for 2016?

Ron Paul is retiring.

Rand Paul for President, 2016!

And Justin Amash for VP!