Bitcoin Forum

Economy => Speculation => Topic started by: adamstgBit on September 10, 2012, 02:09:52 AM



Title: [DSP] is 10 the new 5 or is 15 the new 32
Post by: adamstgBit on September 10, 2012, 02:09:52 AM


Title: Re: [DSP] is 10 the new 5 or is 15 the new 32
Post by: damnek on September 10, 2012, 11:49:26 AM
I believe that the community is still getting used to double-digit bitcoins, but it is here to stay.


Title: Re: [DSP] is 10 the new 5 or is 15 the new 32
Post by: Vandroiy on September 11, 2012, 01:20:02 PM
Looking at the poll, I think I found another indicator that it's gonna crash.

Market where a vast majority believes it can only go up? Yeaaa, not so healthy.


Title: Re: [DSP] is 10 the new 5 or is 15 the new 32
Post by: Technomage on September 11, 2012, 01:34:11 PM
Looking at the poll, I think I found another indicator that it's gonna crash.

Market where a vast majority believes it can only go up? Yeaaa, not so healthy.

I don't know if you misunderstood the question or what. $10 being the new $5 means that the price can be stable at $10. It says absolutely nothing about going up or people thinking price will go up. Not in my opinion at least. This is how I understood it anyway.


Title: Re: [DSP] is 10 the new 5 or is 15 the new 32
Post by: Endgame on September 11, 2012, 02:07:52 PM
A stable price of 10 does make a lot of sense with the upcoming block reward halving. So yes, i would agree that 10 is the new 5.


Title: Re: [DSP] is 10 the new 5 or is 15 the new 32
Post by: Vandroiy on September 11, 2012, 02:37:05 PM
I don't know if you misunderstood the question or what. $10 being the new $5 means that the price can be stable at $10. It says absolutely nothing about going up or people thinking price will go up. Not in my opinion at least. This is how I understood it anyway.

Well, 5 turned out to be super stable and then turned into a huge rally. But okay, maybe I should've said "a lot of people believe the price cannot drop".

Sounds similar to "permanently high plateau," which has the exact same ring to it. ;D

Well, can't claim to know the future. Let's see how it turns out.


Title: Re: [DSP] is 10 the new 5 or is 15 the new 32
Post by: adamstgBit on September 11, 2012, 06:34:08 PM
Looking at the poll, I think I found another indicator that it's gonna crash.

Market where a vast majority believes it can only go up? Yeaaa, not so healthy.

lol. dude... the vast majority of us were thinking we'd be able to buy at 8.50. very many thought the big crash was signaling the start of a bear market, and despite that 10+ held / is holding.  to me this indicates a mega rally once it becomes clear that 10.xx is the bottom.