Bitcoin Forum

Anyone here?

Ummm.. Hope not.  ;D

unlikely. very unlikely.

A "correction" to low double digits is still possible, maybe $40 or lower. But no way is ever gonna come down to $20 or less anymore. Not in less than a couple months of slow death.

uhm, it's still possible, nobody needs to be here to actually advocate it, though. the point is, there could be a fundamental shift or some other larger event, and then we tumble down without any support. that's just how bitcoin is! it would be highly suspicious if the probability is actually zero.

Oh, yes. I believe in single digits between $1K to $3K for btc.

THIS ^ +1 lol

http://img.pandawhale.com/30768-Emma-Watson-raise-hand-Conan-g-FDcJ.gif

Yup.

Of course, it could happen.  This is bitcoin, after all.  I think it's unlikely.

http://www.youtube.com/watch?v=qxqm6htwcwk

quoted

proudhon flip flop count

bull (2011) -> permabear (2011) -> bull (2012) -> "perma"bear (2012/2013) -> bull (2013)

4 flip flops

To be fair, bear and bull are only outlooks on the current market....not underlying philosophies like people here seem to think.  

When the price was low, I was a bull...at current prices I am a bear. If we hit singles or low double digits, I am likely going to be bullish again. It's not flip-flopping, it's reacting the the market. No one should be a bull or bear all the time (unless they plan on being broke).

Just a side note, a vast majority of the people around here that call themselves bulls are actually pigs (http://www.investopedia.com/terms/p/pig.asp).

My prediction: You will become a forever BTC bear with your above strategy.

Only an idiot would not change his view in the face of changed circumstances. That is what trading is all about. Turn sides when information demands so. Single digits are still a real option. Not all coins are sitting at Gox so if enough people get the jitters, everything is possible.

Remember, this is Bitcoin  8)

You are a very different type of bear from the kind proudhon was.  Proudhon's bearishness was of the "I think bitcoin will fail" kind, both times.

My prediction: There are going to be a lot of people who'll wished they'd locked in profits now, because the pigs (http://www.investopedia.com/terms/p/pig.asp) are going to get slaughtered (again).

Nice.

LOL proudhon has songs written for him even hahaha  ::)

I highly doubt it will get to single digits within the next 2 or 3 months.  I'm thinking $30 is the minimum.  I don't think the current price ($93) will sustain itself over the next month, though.

there's always a new batch of pump and dumpers waiting for their turn......

+ 1. Anything is possible. It's possible several random super models are about to burst into my room and sta.... well anyway, it doesn't disobey any laws of physics but I wouldn't put odds on it.

I mean, a gamma ray burst  or quantum singularity created at cern destroying earth would in effect, render bitcoins in the single digits or less. Theoretically possible, but hopefully won't happen.