Bitcoin Forum

Economy => Speculation => Topic started by: bitbit on April 11, 2013, 12:39:35 AM



Title: BTC price in 24 hours?
Post by: bitbit on April 11, 2013, 12:39:35 AM
What will the price be on April 11 at 9:15 PM EST (New York time)? Take a guess!

Deadline: April 10 at 9:15 PM EST.


Title: Re: BTC price in 24 hours?
Post by: JordanL on April 11, 2013, 12:40:22 AM
$251.88


Title: Re: BTC price in 24 hours?
Post by: Elwar on April 11, 2013, 12:41:08 AM
At least $185 (the price two days ago).


Title: Re: BTC price in 24 hours?
Post by: Terpie on April 11, 2013, 12:42:37 AM
At least $185 (the price two days ago).

24 hours, not seconds. @$188 right now.


Title: Re: BTC price in 24 hours?
Post by: Elwar on April 11, 2013, 12:45:41 AM
At least $185 (the price two days ago).

24 hours, not seconds. @$188 right now.

It is April 11 here...I just figured I could see the future.


Title: Re: BTC price in 24 hours?
Post by: talkingleaves on April 11, 2013, 12:47:14 AM
195

I think it will spike to 300/350 tomorrow at peak trading due to more manipulation by whoever is doing this pump and dump ddos thing, and down to 150 after the noobs freak out again, levelling at 195 in 24 hours. And then back to 250 on friday.


Title: Re: BTC price in 24 hours?
Post by: bitbit on April 11, 2013, 01:05:28 AM
186


Title: Re: BTC price in 24 hours?
Post by: str4wm4n on April 11, 2013, 01:35:12 AM
205


Title: Re: BTC price in 24 hours?
Post by: hubbabubbabaker on April 11, 2013, 01:42:43 AM
210-220 by whoever is doing this pump and dump manipulation and below 100 by Friday.


Title: Re: BTC price in 24 hours?
Post by: bitcon on April 11, 2013, 01:47:33 AM
$222


Title: Re: BTC price in 24 hours?
Post by: purelithium on April 11, 2013, 01:57:06 AM
It'll be back up to 260-280 on VirtEx.


Title: Re: BTC price in 24 hours?
Post by: proudhon on April 11, 2013, 02:02:24 AM
Lower than it is now.


Title: Re: BTC price in 24 hours?
Post by: str4wm4n on April 11, 2013, 02:03:09 AM
Lower than it is now.

nope


Title: Re: BTC price in 24 hours?
Post by: PachucoBro on April 11, 2013, 02:14:06 AM
I think it is going to bounce around the 170-150 range for a day...


Title: Re: BTC price in 24 hours?
Post by: bitcon on April 11, 2013, 02:14:36 AM

proudhon is always wrong, so you can all relax now. . .


Title: Re: BTC price in 24 hours?
Post by: NikolaTesla on April 11, 2013, 02:18:22 AM
Wow the bulls are going to walk right into another trap mere hours after getting slaughtered... epic.

Once it goes up even a little bit, the few major holders who are left who are rattled by today's events will cash out and we'll see sub-100 bitcoin by the end of the week.

https://gs1.wac.edgecastcdn.net/8019B6/data.tumblr.com/tumblr_lub18mfBV31r665ivo1_1280.jpg


Title: Re: BTC price in 24 hours?
Post by: PachucoBro on April 11, 2013, 02:24:28 AM

proudhon is always wrong, so you can all relax now. . .

To be fair it has been because he always says it is going to go down or collapse... and it never has. Until today. ;)


Title: Re: BTC price in 24 hours?
Post by: smoothie on April 11, 2013, 02:32:52 AM
$197  :D


Title: Re: BTC price in 24 hours?
Post by: cjspiller28 on April 11, 2013, 02:39:46 AM
I fully expect to have a nightmare where I wake up to $10 (in the dream).

As for what I'll really wake up to?  That I'm less certain about. But I'll go with... whatever we were going to be on pace to hit before these past few days of madness.

If, for example, it was at ~$170 tomorrow morning, I would be more than happy with a ~$40 increase over the past 7 days, wouldn't you?

I'll stick with that... $170 here.


Title: Re: BTC price in 24 hours?
Post by: Kazu on April 11, 2013, 02:43:34 AM
Sub-$200, but more than $140.


Title: Re: BTC price in 24 hours?
Post by: essem on April 11, 2013, 02:44:42 AM
Lower than it is now.

This

I assume everyone is trolling when they say they're still holding. It's like everyone forgot about the last crash already.

even those who believe it is going up long term should have sold to rebu y lower


Title: Re: BTC price in 24 hours?
Post by: essem on April 11, 2013, 02:49:03 AM
The only thing preventing it from falling like a stone is all the idiots trying to catch the knife. Here comes captain save-a-hoe to the rescue


Title: Re: BTC price in 24 hours?
Post by: b!z on April 11, 2013, 04:02:20 AM
$300


Title: Re: BTC price in 24 hours?
Post by: BTC Books on April 11, 2013, 04:10:03 AM
$300

$190


Title: Re: BTC price in 24 hours?
Post by: adamstgBit on April 11, 2013, 04:19:07 AM
268.78


Title: Re: BTC price in 24 hours?
Post by: seleme on April 11, 2013, 04:19:48 AM
Don't have idea, just like all of you don't :)


Title: Re: BTC price in 24 hours?
Post by: tryingtobeperfect on April 11, 2013, 04:30:01 AM
Guess it will rise up for sure but cant really guess the rate at which it will...
It surely is the time to buy some BTC, not to sell...


Title: Re: BTC price in 24 hours?
Post by: Adrian-x on April 11, 2013, 04:38:08 AM
195

I think it will spike to 300/350 tomorrow at peak trading due to more manipulation by whoever is doing this pump and dump ddos thing, and down to 150 after the noobs freak out again, levelling at 195 in 24 hours. And then back to 250 on friday.

Don't jump the gun, the $300 breach is scheduled for the 15th.


Title: Re: BTC price in 24 hours?
Post by: cilphex on April 11, 2013, 04:40:08 AM
It seems impossible to speculate, since there is absolutely nothing to prevent what happened today from happening tomorrow.

How do we know manipulations like this won't just happen every day, from here on out?


Title: Re: BTC price in 24 hours?
Post by: hyphymikey on April 11, 2013, 04:42:41 AM
$209 USD


Title: Re: BTC price in 24 hours?
Post by: Adrian-x on April 11, 2013, 05:37:39 PM
It seems impossible to speculate, since there is absolutely nothing to prevent what happened today from happening tomorrow.

How do we know manipulations like this won't just happen every day, from here on out?
Fortunately people learn.

one approach is to follow the golden rule:
1) don't invest in Bitcoin if you don't believe and agree with the resulting economic philosophy,
2) Don't cash out or swop your Bitcoin's for anything less than you played for them. 


I am fortunate in that my Bitcoin's have value above a few dollars, but for some a Bitcoin is over $200 in value.  ( they may have to wait for the economy to develop a little, but they are still the lucky ones as long as they short change themselves.) 


Title: Re: BTC price in 24 hours?
Post by: matt608 on April 11, 2013, 05:51:35 PM
Between $60 and $180.


Title: Re: BTC price in 24 hours?
Post by: bitcon on April 11, 2013, 05:53:52 PM
between $1 and $200


Title: Re: BTC price in 24 hours?
Post by: antimattercrusader on April 11, 2013, 05:58:26 PM
It seems impossible to speculate, since there is absolutely nothing to prevent what happened today from happening tomorrow.

How do we know manipulations like this won't just happen every day, from here on out?

Because I've called Chuck Norris....


Title: Re: BTC price in 24 hours?
Post by: bitarrow on April 11, 2013, 06:13:54 PM
$123.40   :)


Title: Re: BTC price in 24 hours?
Post by: eshroom on April 11, 2013, 07:51:45 PM
The thing most of you are ignoring is the fact that back in January 90% of bitcoins were bring held by speculators. Speculators that believed more gambling operators and websites would start accepting the currency and turn it into a legitimate currency for online transactions. The other 10% spent it on (mostly) illegal gambling and drugs.

Come March 98% of those holding bit coins are purely speculating, and only those from back in January and prior actually believe in the currency. Most of those that "joined" bitcoin since January did so purely to make a profit, without believing, or caring, whether the currency was viable or not. These are the people selling now.

Bitcoin will drop to $20 and will rise back up to $40-$50 based on some of the "unbelievers" becoming converts and the rest suffering from "under performing stock syndrome (http://www.smartmoney.com/invest/strategies/why-investors-dont-sell-losing-stocks-1318867779224/)".

Hopefully, when/if (and I say if because this crash has damaged credibility in a big way), bitcoins get accepted by some major gambling operators along with other online sites, then the currency will again grow organically. but don't hold your breath.


Title: Re: BTC price in 24 hours?
Post by: botlove on April 11, 2013, 08:02:18 PM
okay, the price is $181 so, people should feel comfortable at $150 by tomorrow, and $200 by the weekend, with $20 swings as people think they are smart and cash out into the hands of the investment bankers that just tested the currency to see if it holds water.

they pumped, dumped, and are now standing aside and watching, eagerly waiting to buy all your coins for anything below $174 each. they just want to see the bottom and determine if the confidence remains before they rebuy.    if you can wait until next week, i believe this will become obvious.


Title: Re: BTC price in 24 hours?
Post by: alexh on April 11, 2013, 08:05:16 PM
I thought about buying right now, but nah.


Title: Re: BTC price in 24 hours?
Post by: eshroom on April 11, 2013, 08:15:50 PM
okay, the price is $181 so, people should feel comfortable at $150 by tomorrow, and $200 by the weekend, with $20 swings as people think they are smart and cash out into the hands of the investment bankers that just tested the currency to see if it holds water.

they pumped, dumped, and are now standing aside and watching, eagerly waiting to buy all your coins for anything below $174 each. they just want to see the bottom and determine if the confidence remains before they rebuy.    if you can wait until next week, i believe this will become obvious.


How d'you figure that? You may be right. But all this is, is a ponzi scheme. And don't get me wrong, I profited from it. But I still feel bad for the believers whose chances of actually turning this into a legitimate currency have been all but been ruined.

There is no circulation of BTC. A currency is valued on consumer confidence in that market, growth in that market, growth=cash earned and cash spent. This doesn't exist in bitcoin. No one is spending them (proportionally to their market cap). It's a joke. If you don't ahve circulation of currency, it's not a currency, it's just a hyped up dream that people stick their money into but will never some to fruition.

It will drop, and hopefully grow back organically. If people do start USING and not just KEEPING them, then BTC will become legitimate. But will they?


Title: Re: BTC price in 24 hours?
Post by: SuperHakka on April 11, 2013, 08:20:25 PM
any one who said > $150 are fuckin deluded. just me 2c


Title: Re: BTC price in 24 hours?
Post by: alexanderanon on April 11, 2013, 08:52:33 PM
Consider that most people who sold into dollars still have those dollars on the sidelines waiting to buy back in eventually--- as opposed to other investments where you sell out of one and into another. A lot of speculating noobies who just found out about bitcoin a month ago and bought (and then sold) 10 coins may give up on bitcoin after this, but those 1000 coins+ long term bitcoin investors who will be back in the game within 24 hrs.


Title: Re: BTC price in 24 hours?
Post by: Luckybit on April 11, 2013, 09:57:05 PM
okay, the price is $181 so, people should feel comfortable at $150 by tomorrow, and $200 by the weekend, with $20 swings as people think they are smart and cash out into the hands of the investment bankers that just tested the currency to see if it holds water.

they pumped, dumped, and are now standing aside and watching, eagerly waiting to buy all your coins for anything below $174 each. they just want to see the bottom and determine if the confidence remains before they rebuy.    if you can wait until next week, i believe this will become obvious.



Now the plan makes sense. Why didn't anyone think investment bankers would hire some hackers to crash the market and gobble up the coins? Oh yeah, the short term investors who found out about Bitcoin from Forbes or Bloomberg don't even know what it is.


Title: Re: BTC price in 24 hours?
Post by: eshroom on April 12, 2013, 12:37:02 AM
Gox is already slow with the traffic waiting for it to open and we're 80 minutes away from open!!!