Bitcoin Forum

Economy => Speculation => Topic started by: bitcon on April 12, 2013, 12:00:54 AM



Title: [prediction] $100 by 23:00 UTC 04/12
Post by: bitcon on April 12, 2013, 12:00:54 AM
okay my modest prediction is in.  wont be surprised to see $150.  :-*  :-*  :-*


Title: Re: [prediction] $100 by 23:00 UTC 04/12
Post by: str4wm4n on April 12, 2013, 12:05:30 AM
does smoothie agree?


Title: Re: [prediction] $100 by 23:00 UTC 04/12
Post by: chrsjrcj on April 12, 2013, 12:06:07 AM
You're missing a period after the first 0.


Title: Re: [prediction] $100 by 23:00 UTC 04/12
Post by: smoothie on April 12, 2013, 12:06:26 AM
Easy $100 price.

Get your bids ready for a price hike in the next day or two once trading resumes.


Title: Re: [prediction] $100 by 23:00 UTC 04/12
Post by: Krabby on April 12, 2013, 12:08:50 AM
Easy $100 price.

Get your bids ready for a price hike in the next day or two once trading resumes.

What happened to 3?


Title: Re: [prediction] $100 by 23:00 UTC 04/12
Post by: smoothie on April 12, 2013, 12:15:06 AM
Easy $100 price.

Get your bids ready for a price hike in the next day or two once trading resumes.

What happened to 3?


That obviously comes after.

No one would have guessed gox would be dumb enough to halt trading only after price fell lol.


Title: Re: [prediction] $100 by 23:00 UTC 04/12
Post by: BitcoinAshley on April 12, 2013, 12:18:55 AM
Smoothie, don't you mean, smart enough? They got a small % of the massive amounts that were sold off... halting trading beforehand would mean they wouldn't make as much.
I think they're pretty happy they're crashed, and happy that the idiots keep using their inferior service. And investors have done nothing to show MtGox that we value performance over flash-crashes to make a quick buck.



Title: Re: [prediction] $100 by 23:00 UTC 04/12
Post by: smoothie on April 12, 2013, 12:24:37 AM
Smoothie, don't you mean, smart enough? They got a small % of the massive amounts that were sold off... halting trading beforehand would mean they wouldn't make as much.
I think they're pretty happy they're crashed, and happy that the idiots keep using their inferior service. And investors have done nothing to show MtGox that we value performance over flash-crashes to make a quick buck.



I'm of the mindset that gox shouldn't even be trading on their own exchange.

If they are that is the purest sense of manipulation.

Keep in mind that they are STUPID to do this because if customers get burned they will go to another exchange.

As you can see gox only does about 60% of trade volume per day that is down from 80% in 2011.

I can see that % going to 30% very quickly.

Lost business + price drop + short term profit is worse for MTGOX.


Title: Re: [prediction] $100 by 23:00 UTC 04/12
Post by: HappyBitCoinUser on April 12, 2013, 12:49:59 AM
Will the trades even be open by then? Thats the first question to resolve.


Title: Re: [prediction] $100 by 23:00 UTC 04/12
Post by: move_zig on April 12, 2013, 01:39:10 AM
I think $100 is reasonable. But if we revert to the trend we started in January, it could be a few days before we reach it.

https://i.imgur.com/b09Exbt.png