Bitcoin Forum

Economy => Speculation => Topic started by: knight22 on September 03, 2012, 10:17:14 PM



Title: Poll - Sooo what's next?
Post by: knight22 on September 03, 2012, 10:17:14 PM
What's your prediction for the bitcoin value in the next few weeks?


Title: Re: Poll - Sooo what's next?
Post by: kentrolla on September 04, 2012, 12:36:24 AM
this is my prediction:
http://betsofbitco.in/item?id=619


Title: Re: Poll - Sooo what's next?
Post by: Sitarow on September 04, 2012, 07:30:25 AM
ASIC PRE-orders :P


Title: Re: Poll - Sooo what's next?
Post by: waspoza on September 04, 2012, 09:33:53 AM
ASIC PRE-orders :P

What this have to do with btc price?


Title: Re: Poll - Sooo what's next?
Post by: 0mzUBBru on September 04, 2012, 09:47:04 AM
Medium-term I predict a downward correctio (https://bitcointalk.org/index.php?topic=102729.0).  Not sure about short-term, but I think it is likely that the BTC/$ exchange rate is 9-something in two weeks from now.


Title: Re: Poll - Sooo what's next?
Post by: Endgame on September 04, 2012, 09:55:31 AM
Short term down. Mid-term stable around 10.


Title: Re: Poll - Sooo what's next?
Post by: the_thing on September 04, 2012, 10:07:07 AM
Since pirate is supposed to pay out in next few days, there are two options :
1, he pays - his investors cash out, driving the price down
2, he doesnt pay - general bitcoin FUD + pirate selling his assets drive the price down

Thus, I'm bearish. I'm trying to sell my btcs now, but the price is too low for my taste. I hope it goes up until the weekend dip kicks in.


Title: Re: Poll - Sooo what's next?
Post by: Sitarow on September 04, 2012, 08:15:58 PM
ASIC PRE-orders :P

What this have to do with btc price?

Less BTC in the hands of speculators.

For instance. This past weekend https://www.cavirtex.com/ exchange had low volume at 9.9 to 10 range. That is if you wanted to pick up 200 btc it would take you a bit of time and don't forget the gamble of price fluctuations until you made your purchase.

However had you kept your BTC and just use it to purchase hardware then you would not be making any volume movements on the exchanges.

More BTC being spent for goods gives more support to use BTC for international transactions.


Title: Re: Poll - Sooo what's next?
Post by: gimme_bottles on September 04, 2012, 10:59:24 PM
However had you kept your BTC and just use it to purchase hardware then you would not be making any volume movements on the exchanges.


this only works if the seller would also keep the btc and spend them on other goods, but IMO most sellers convert them back to fiat instantly, so there is a movement on the exchanges causes by your purchase


Title: Re: Poll - Sooo what's next?
Post by: ElectricMucus on September 04, 2012, 10:59:32 PM
I didn't really know on what to expect, but since bitfloor just blew up right after pirate... we are heading down, no question about it.


Title: Re: Poll - Sooo what's next?
Post by: adamstgBit on September 04, 2012, 11:25:19 PM
I didn't really know on what to expect, but since bitfloor just blew up right after pirate... we are heading down, no question about it.

haven't you been paying attention? when there's a hack price goes up! not down....

bitfloor should have taken the necessary steps to ensure their cold storage was indeed cold!

all this hack is going to do is make people need to buy coins again.


Title: Re: Poll - Sooo what's next?
Post by: ElectricMucus on September 04, 2012, 11:29:17 PM
I didn't really know on what to expect, but since bitfloor just blew up right after pirate... we are heading down, no question about it.

haven't you been paying attention? when there's a hack price goes up! not down....

bitfloor should have taken the necessary steps to ensure their cold storage was indeed cold!

all this hack is going to do is make people need to buy coins again.

From what I have observed it accelerates a trend. During bitcoinica we were up, so we went up faster.
Now we are down and gonna go down faster, otherwise the whole mybitcoin 31.9 bubblepop wouldn't make sense.


Title: Re: Poll - Sooo what's next?
Post by: adamstgBit on September 04, 2012, 11:37:34 PM
I didn't really know on what to expect, but since bitfloor just blew up right after pirate... we are heading down, no question about it.

haven't you been paying attention? when there's a hack price goes up! not down....

bitfloor should have taken the necessary steps to ensure their cold storage was indeed cold!

all this hack is going to do is make people need to buy coins again.

From what I have observed it accelerates a trend. During bitcoinica we were up, so we went up faster.
Now we are down and gonna go down faster, otherwise the whole mybitcoin 31.9 bubblepop wouldn't make sense.

back in the day 8), investors we're scared for their own coins when they heard people were being hacked left and right
now a days, people understand wtf is going on, and they have their coins on paper or a usb or somthing offline.
when they hear about people bitcoins being hacked they feel sorry, yes, but not scared.
you wont see any "omg i might be hacked next" panic selling.


Title: Re: Poll - Sooo what's next?
Post by: ElectricMucus on September 04, 2012, 11:38:55 PM
you wont see any "omg i might be hacked next" panic selling.

just wait


Title: Re: Poll - Sooo what's next?
Post by: pkdchqbb on September 05, 2012, 02:29:25 PM
It is going straight up.