Bitcoin Forum

Economy => Speculation => Topic started by: Bit_Happy on March 21, 2013, 11:45:54 AM



Title: $48.30 is a viable target for the next mini-crash.
Post by: Bit_Happy on March 21, 2013, 11:45:54 AM
~$48.30 would be a 30% dip from the current high, something Bitcoin has done many times before.
Who can be even more accurate?

Post your guess and quote the person above to discourage editing of entries.
Winning number earns a mystery prize.
Ends in 7 days or less.


Title: Re: $48.30 is a viable target for the next mini-crash.
Post by: Bowjob on March 21, 2013, 11:46:36 AM
In 7 days we will be around $75.31 and a lot of crying bears.


Title: Re: $48.30 is a viable target for the next mini-crash.
Post by: Bit_Happy on March 21, 2013, 11:54:38 AM
We could hit $48.30 first and still be at $75.31 in under 7 days. :D

In 7 days we will be around $75.31 and a lot of crying bears.

Current Gox bid of 68.80009 would be your guess for a low then, unless you want to change it.


Title: Re: $48.30 is a viable target for the next mini-crash.
Post by: farfiman on March 21, 2013, 11:55:12 AM
Whats the question?   what the drop will be to? ( If there is one in the next 7 days....)


Title: Re: $48.30 is a viable target for the next mini-crash.
Post by: BitPirate on March 21, 2013, 11:58:25 AM
$48.30 is far too ambitious :-)

Within the next few days we'll be flirting with $100. Any slight pull-back of 20% will be filled in almost instantly.

Such a mini-blip could come at any time and I can't see the future, so the safest bet here is that the all-time low in the next 7 days will be 68.5.


Title: Re: $48.30 is a viable target for the next mini-crash.
Post by: Bit_Happy on March 21, 2013, 11:59:22 AM
Whats the question?   what the drop will be to? ( If there is one in the next 7 days....)

Yes, like 49 to 33 a couple weeks ago.


$48.30 is far too ambitious :-)

Within the next few days we'll be flirting with $100. Any slight pull-back of 20% will be filled in almost instantly.

Such a mini-blip could come at any time and I can't see the future, so the safest bet here is that the all-time low in the next 7 days will be 68.5.

68.50 has been guessed.


Title: Re: $48.30 is a viable target for the next mini-crash.
Post by: FreddyFender on March 21, 2013, 12:00:28 PM
Hey Happy, looking back on June 2011, did you ever think it would come to this?
FF


Title: Re: $48.30 is a viable target for the next mini-crash.
Post by: dave111223 on March 21, 2013, 12:05:22 PM
$58


Title: Re: $48.30 is a viable target for the next mini-crash.
Post by: Bit_Happy on March 21, 2013, 12:06:26 PM
Hey Happy, looking back on June 2011, did you ever think it would come to this?
FF

Hey Freddy,
Someday the prices will be much higher:
I thought the economy and security/usability would improve more, and the run up would be less crazy.*
*$50.023 is bullish for the downside target, imho.


$58

$58 from Dave


Title: Re: $48.30 is a viable target for the next mini-crash.
Post by: FreddyFender on March 21, 2013, 12:16:59 PM
Bearish would be mid30's


Title: Re: $48.30 is a viable target for the next mini-crash.
Post by: damnek on March 21, 2013, 12:21:07 PM
I'm betting on a retrace to the low 50s for now.


Title: Re: $48.30 is a viable target for the next mini-crash.
Post by: Dan The Man on March 21, 2013, 12:25:44 PM
I think that this bubble will take one more dip on the way up, and then spike to $100 before the final crash, back down to $50 or so, and then a slow decline to about $30something and some relative stability


Title: Re: $48.30 is a viable target for the next mini-crash.
Post by: flower1024 on March 21, 2013, 12:31:56 PM
i dont really think thats a bubble right now.
but my guess for the biggest dip is 59.78


Title: Re: $48.30 is a viable target for the next mini-crash.
Post by: ingrownpocket on March 21, 2013, 12:34:30 PM
i dont really think thats a bubble right now.
but my guess for the biggest dip is 59.78

$57


Title: Re: $48.30 is a viable target for the next mini-crash.
Post by: Dan The Man on March 21, 2013, 12:41:49 PM
i dont really think thats a bubble right now.
but my guess for the biggest dip is 59.78

How do you not see the bubble. Look at any history over 2 months, and it is obvious that we are in a bubble. I don't mean that in any negative way. Any speculative market is susceptible to bubbles, and I think they are natural. Everyone knows we are in a bubble, but that just means the last person out gets burned, and everyone is comfortable playing hot potato until then.


Title: Re: $48.30 is a viable target for the next mini-crash.
Post by: flower1024 on March 21, 2013, 12:45:25 PM
i dont really think thats a bubble right now.
but my guess for the biggest dip is 59.78

How do you not see the bubble. Look at any history over 2 months, and it is obvious that we are in a bubble. I don't mean that in any negative way. Any speculative market is susceptible to bubbles, and I think they are natural. Everyone knows we are in a bubble, but that just means the last person out gets burned, and everyone is comfortable playing hot potato until then.

i dont call it a bubble because i think that the current price raise if because of changed fundamentals.
 - many more people scared about fiat than last year
 - bitcoin has proven itself more
 - more companies (especially more "normal" ones)

i think bitcoin is just leaving the "nerd-area" and more people are recognizing it as a valid investment.


Title: Re: $48.30 is a viable target for the next mini-crash.
Post by: mccorvic on March 21, 2013, 12:46:48 PM
i dont really think thats a bubble right now.
but my guess for the biggest dip is 59.78

How do you not see the bubble. Look at any history over 2 months, and it is obvious that we are in a bubble. I don't mean that in any negative way. Any speculative market is susceptible to bubbles, and I think they are natural. Everyone knows we are in a bubble, but that just means the last person out gets burned, and everyone is comfortable playing hot potato until then.

i dont call it a bubble because i think that the current price raise if because of changed fundamentals.
 - many more people scared about fiat than last year
 - bitcoin has proven itself more
 - more companies (especially more "normal" ones)

i think bitcoin is just leaving the "nerd-area" and more people are recognizing it as a valid investment.

I just want to +1 for being on point.

If a fork couldn't pop this, ahem, "bubble" then speculators sure as hell won't be able to.


Title: Re: $48.30 is a viable target for the next mini-crash.
Post by: Dan The Man on March 21, 2013, 01:51:46 PM
You guys are nuts.


Title: Re: $48.30 is a viable target for the next mini-crash.
Post by: gmiwenht on March 21, 2013, 01:55:27 PM
My bids are at 56.

Sold once again yesterday. Shit spiked so sharply, was sure I was catching the top. But then it just stayed there ???


Title: Re: $48.30 is a viable target for the next mini-crash.
Post by: mccorvic on March 21, 2013, 02:02:14 PM
My bids are at 56.

Sold once again yesterday. Shit spiked so sharply, was sure I was catching the top. But then it just stayed there ???

That's why we say buy and hold, buy and hold :)

I suggest you buy in now before it's to late tho


Title: Re: $48.30 is a viable target for the next mini-crash.
Post by: ElectricMucus on March 21, 2013, 02:47:53 PM
At this point it does not matter how steep the next sell-off will be. What matters is a breakout in the 10 to 20 day area to the downside.