Bitcoin Forum

Economy => Speculation => Topic started by: ehoffman on July 04, 2013, 12:41:12 AM



Title: 80 is the psycological barrier that will trigger a return to higher prices?
Post by: ehoffman on July 04, 2013, 12:41:12 AM
Seems like BTC has bottomed?  If we reach 80, people might just jump back in and panic buy?  Well, let's hope it happen :D

Of course, I could be wrong! ;D


Title: Re: 80 is the psycological barrier that will trigger a return to higher prices?
Post by: ehoffman on July 04, 2013, 12:42:44 AM
Ah, didn't take long, let's see now :)


Title: Re: 80 is the psycological barrier that will trigger a return to higher prices?
Post by: MAbtc on July 04, 2013, 12:43:06 AM
No

smh......


Title: Re: 80 is the psycological barrier that will trigger a return to higher prices?
Post by: Bitcoin BEAR on July 04, 2013, 12:50:17 AM
No! We won't break $91


Title: Re: 80 is the psycological barrier that will trigger a return to higher prices?
Post by: dopamine on July 04, 2013, 12:51:23 AM
I bought back in 77ish


Title: Re: 80 is the psycological barrier that will trigger a return to higher prices?
Post by: BitcoinAshley on July 04, 2013, 12:55:24 AM
No, we will go significantly lower than 80 over the next month and possibly longer. But I am not ruling out the possibility that this will be over with sooner than it was in 2011/2012.


Title: Re: 80 is the psycological barrier that will trigger a return to higher prices?
Post by: bystander on July 04, 2013, 12:56:41 AM
Seems like BTC has bottomed?  If we reach 80, people might just jump back in and panic buy?  Well, let's hope it happen :D

Of course, I could be wrong! ;D

Hope there is a rally, though I'm on pin and needles.  The 569 at 80 is nice in that it helps build bids on top of it, but I am concerned about the wall being pulled out like a chair right from under the bids.

Too late, the 569 guy just pulled all of it at 80.


Title: Re: 80 is the psycological barrier that will trigger a return to higher prices?
Post by: Crypt_Current on July 04, 2013, 01:12:04 AM
60 in Euro terms

so what?


Title: Re: 80 is the psycological barrier that will trigger a return to higher prices?
Post by: derpinheimer on July 04, 2013, 01:18:51 AM
60 in Euro terms

so what?

No one cares about the Euro. 80% of trading is USD.



Title: Re: 80 is the psycological barrier that will trigger a return to higher prices?
Post by: SOSLOVE868 on July 04, 2013, 01:29:18 AM
Hey , we will touch 70 in short time ,may be a week...

There are no point for new cash to join a currency which can not be exchange in the future...regard to MT.GOX withdraw constrains...

I consider that MT.GOX itself is very low cash level right now...because massive withdraw request and limited new cash come in.



Title: Re: 80 is the psycological barrier that will trigger a return to higher prices?
Post by: vokain on July 04, 2013, 01:31:47 AM
Hey , we will touch 70 in short time ,may be a week...

There are no point for new cash to join a currency which can not be exchange in the future...regard to MT.GOX withdraw constrains...

I consider that MT.GOX itself is very low cash level right now...because massive withdraw request and limited new cash come in.



they could always take a loan from all the guys that cashed out :)


Title: Re: 80 is the psycological barrier that will trigger a return to higher prices?
Post by: SOSLOVE868 on July 04, 2013, 01:41:31 AM
Hey , we will touch 70 in short time ,may be a week...

There are no point for new cash to join a currency which can not be exchange in the future...regard to MT.GOX withdraw constrains...

I consider that MT.GOX itself is very low cash level right now...because massive withdraw request and limited new cash come in.



they could always take a loan from all the guys that cashed out :)
3600*365/11000000=11%  those new generated coin need a place to be digesting them, once new cash in flow below than this level ,MT.GOX in serious trouble.


Title: Re: 80 is the psycological barrier that will trigger a return to higher prices?
Post by: vokain on July 04, 2013, 01:44:16 AM
good thing the exchange market is decentralizing


Title: Re: 80 is the psycological barrier that will trigger a return to higher prices?
Post by: tokeweed on July 04, 2013, 02:06:56 AM
Seems like BTC has bottomed?  If we reach 80, people might just jump back in and panic buy?  Well, let's hope it happen :D

Of course, I could be wrong! ;D

think of it this way...  btc reached 200+ (which was way overpriced) due to people buying it up.  the opposite could also happen making btc 'underpriced'.

i wouldn't touch btc with a 10 foot pole at the moment.
 


Title: Re: 80 is the psycological barrier that will trigger a return to higher prices?
Post by: tokeweed on July 04, 2013, 02:09:09 AM
No, we will go significantly lower than 80 over the next month and possibly longer. But I am not ruling out the possibility that this will be over with sooner than it was in 2011/2012.


yup, and it might not even go up for a while now that the hype is over.

wake up guys.  if you don't use btc to buy stuff, dump it.


Title: Re: 80 is the psycological barrier that will trigger a return to higher prices?
Post by: chufchuf on July 04, 2013, 02:11:19 AM
I spoke with my chum God Masturbatus and he said we'll go down to 0.000000001 dollar on november the 21st and on november 22nd shoot up to 3 billion dollar per btc