Bitcoin Forum

Economy => Economics => Topic started by: pcannon on April 13, 2013, 03:49:53 PM



Title: [POLL] May 15th: Your prediction for BTCUSD
Post by: pcannon on April 13, 2013, 03:49:53 PM
Rules:
1. Just for comparison reference price will be the closing price published by Mt. Gox on May 15th noon (UTC).
2. If your option is not listed, please message me I'll try to add it
3. Feel free to add your comment on volume trends, recent bottom price, any other insight


Title: Re: May 15th: Your prediction for BTCUSD
Post by: tdahsu on April 13, 2013, 03:54:56 PM
I am not affiliated with them, but this sounds like something for:

betsofbitco.in


Title: Re: May 15th: Your prediction for BTCUSD
Post by: pcannon on April 13, 2013, 03:58:26 PM
I am not affiliated with them, but this sounds like something for:

betsofbitco.in

Could be :) But let us do it as a friendly exercise between friends (and non-friends) ...


Title: Re: [POLL] May 15th: Your prediction for BTCUSD
Post by: Ares on April 14, 2013, 10:16:01 PM
312.74


Title: Re: [POLL] May 15th: Your prediction for BTCUSD
Post by: hak8or on April 15, 2013, 12:32:15 AM
I really reccomend adding in the options for 50's instead of just 100's?

Such as 5-100, 5-50, 50-100, 100 - 150, 150 - 200, 100 - 200. It allows people to be very general or more specific if they wish.


Title: Re: [POLL] May 15th: Your prediction for BTCUSD
Post by: pcannon on April 15, 2013, 03:41:58 AM
312.74

I love it :)


Title: Re: [POLL] May 15th: Your prediction for BTCUSD
Post by: pcannon on April 15, 2013, 03:44:41 AM
I really reccomend adding in the options for 50's instead of just 100's?

Such as 5-100, 5-50, 50-100, 100 - 150, 150 - 200, 100 - 200. It allows people to be very general or more specific if they wish.

Overlapping options such as 5-50 and 5-100 will probably make it confusing to some.


Title: Re: [POLL] May 15th: Your prediction for BTCUSD
Post by: pcannon on April 15, 2013, 03:06:12 PM
Bitcoin contagion spreads to gold and silver :) Both down by 15%+ in the last 2 trading session!

So were gold and silver bubbles too, where are the self-proclaimed reporters/journalists (aka I didn't do well in school and blogging is the only job I can get) now?


Title: Re: [POLL] May 15th: Your prediction for BTCUSD
Post by: pcannon on April 17, 2013, 12:46:48 AM
For the records, here is a snap-shot (April 16th)

< $5            - 1 (0.9%)
$5-$100    - 28 (24.3%)
$100-$200    - 59 (51.3%)
$200-$266    - 10 (8.7%)
>$266    - 17 (14.8%)

Total Voters: 115


Title: Re: [POLL] May 15th: Your prediction for BTCUSD
Post by: pcannon on April 26, 2013, 12:15:15 AM
For the records, here is the snap-shot on April 25th. Current price is at $140.

< $5    - 1 (0.8%)
$5-$100    - 34 (27.2%)
$100-$200    - 61 (48.8%)
$200-$266    - 10 (8%)
>$266    - 19 (15.2%)

Total Voters: 125


Title: Re: [POLL] May 15th: Your prediction for BTCUSD
Post by: David Rabahy on April 26, 2013, 12:25:30 AM
I just bought 6.7 BTC @ $144.49 so of course the price will now plummet but I'm ready, I've got another $4,000 ready to go in.  Then again having revealed my plans it will rise until I've got my whole $5,000 in and then it will plummet.  All the smart money will be selling, even selling short, given my move into Bitcoin.


Title: Re: [POLL] May 15th: Your prediction for BTCUSD
Post by: pcannon on April 26, 2013, 12:32:36 AM
I just bought 6.7 BTC @ $144.49 so of course the price will now plummet but I'm ready, I've got another $4,000 ready to go in.  Then again having revealed my plans it will rise until I've got my whole $5,000 in and then it will plummet.  All the smart money will be selling, even selling short, given my move into Bitcoin.

Nobody can predict a market such as BTC (at least not a common person), and all of us want to buy cheap. The only way I feel good about buying is when I spread my purchases in 3-4 lumps over a few days apart. If prices go down, you double down. If price goes up you wait for a pull back. BUT never chase on the rise and never panic sell.


Title: Re: [POLL] May 15th: Your prediction for BTCUSD
Post by: pcannon on May 15, 2013, 03:03:39 PM
Majority got it right! The targeted closing price on noon May 15th: 113.69 USD

< $5            - 1 (0.7%)
$5-$100    - 34 (23.3%)
$100-$200    - 74 (50.7%)
$200-$266    - 15 (10.3%)
>$266    - 22 (15.1%)

Total Voters: 146


Title: Re: [POLL] May 15th: Your prediction for BTCUSD
Post by: Pzi4nk on May 15, 2013, 07:23:35 PM
I guessed 114 but since the poll was open until the 17th I thought I'd wait before making my guess public.