Bitcoin Forum

Economy => Speculation => Topic started by: notig on February 23, 2013, 10:30:15 PM



Title: Just another speculation
Post by: notig on February 23, 2013, 10:30:15 PM
IMO the price is going to stay under 32 until august/sept  . Until then it's gonna stay in the 20's. Maybbbbbe dip into the teens for a spell. Mayyyybee go over 30 for a spell.

I think all the good news about bitcoin is great.... but it takes time for people to catch up to that news. Sure thousands of people may have heard about bitcoin in the past few weeks that want to join in.. but I don't think we will really see great gains until the end of this year when we are in the 40's!


I think over time as more people hear about bitcoin... there are going to be more and more people that get hold of some bitcoins and WON"T let them go until they actually reach what they think they are worth.

Just guessing!!



Title: Re: Just another speculation
Post by: piramida on February 23, 2013, 10:32:49 PM
Agree but on a shorter interval and I seriously doubt any prices below 20. however, BTC has surprised me more than once before :)


Title: Re: Just another speculation
Post by: zoinky on February 23, 2013, 10:36:10 PM
Its about time another big hack goes down.


Title: Re: Just another speculation
Post by: TraderTimm on February 23, 2013, 11:04:44 PM
IMO the price is going to stay under 32 until august/sept  . Until then it's gonna stay in the 20's. Maybbbbbe dip into the teens for a spell. Mayyyybee go over 30 for a spell.

Just parking a post here so I can revisit this later :)


Title: Re: Just another speculation
Post by: SomeWhere on February 24, 2013, 12:11:59 AM
We will reach $35 next week.


Title: Re: Just another speculation
Post by: Odalv on February 24, 2013, 12:24:16 AM
We will reach $35 next week.
+1 (sure)


Title: Re: Just another speculation
Post by: twolifeinexile on February 24, 2013, 01:02:49 AM
We will reach $35 next week.
+1 (sure)
Sure about the future...mmmm


Title: Re: Just another speculation
Post by: Homebrewman on February 24, 2013, 10:46:04 AM
I still think there is room to go up over the next few weeks.


Title: Re: Just another speculation
Post by: Luno on February 24, 2013, 11:16:26 AM
LOL guys, true it's really hard to sense which way this is going by looking at the ticker and indicators.

Good news we are waiting for:

Articles and news casts about Bitcoin being more expensive than silver and Face Book stocks, the payday rush that can be seen around 1'st March. Last, news about an all time high of Bitcoin, that will happen in the next two weeks, if it happens!

If Bitcoin is breaking the all time high in the foreseeable future, it requires strong support, as there allways is some guy that completely forgot about his 30.000 Bitcoins 4 years ago when he left for Peru to go hiking!

Long term, difficulty is rising fast which is a stone set indicator of increasing buying pressure from us, the Bitcoin fanatics.

Worries:

The total amount of fiat money invested in Bitcoin has been on the decline since noon Feb 22'nd, that might only be a weekend dip or the fast (not necessarily the clever) traders getting out?

There is a decline in the hits on the Bitcoin WIKI and there is also the ever present possiblity that some bad press hits main media. Pick a topic of choice: drugs, regulation, money launder, tax evasion, a hack, a scam,









Title: Re: Just another speculation
Post by: TooCasual on February 24, 2013, 12:09:55 PM
Supply n demand... Easy 40+btc by May.  Limited number of btc avail.... tens of thousands introduced to btc by the week. If not more.

Seems simple enough to me.

TC


Title: Re: Just another speculation
Post by: Odalv on February 24, 2013, 12:59:02 PM

Worries:

The total amount of fiat money invested in Bitcoin has been on the decline since noon Feb 22'nd, that might only be a weekend dip or the fast (not necessarily the clever) traders getting out?

It does not look for me :-). http://bitcoincharts.com/charts/mtgoxUSD#igWeeklyztgSzm1g10zm2g25zvzcv (http://bitcoincharts.com/charts/mtgoxUSD#igWeeklyztgSzm1g10zm2g25zvzcv)


Title: Re: Just another speculation
Post by: Luno on February 24, 2013, 03:02:22 PM

Worries:

The total amount of fiat money invested in Bitcoin has been on the decline since noon Feb 22'nd, that might only be a weekend dip or the fast (not necessarily the clever) traders getting out?

It does not look for me :-). http://bitcoincharts.com/charts/mtgoxUSD#igWeeklyztgSzm1g10zm2g25zvzcv (http://bitcoincharts.com/charts/mtgoxUSD#igWeeklyztgSzm1g10zm2g25zvzcv)

Look harder..! :-X


Title: Re: Just another speculation
Post by: SomeWhere on February 28, 2013, 02:42:05 PM
We will reach $35 next week.

Mark my words. Still two days until the weekend dip.