Bitcoin Forum

Hey, there is a poll for you!

Do you agree that the only thing that keeps as afloat at current price is that people are worried the train would go "to da moon" without them?


(forget about gox liquidity at the moment as this is a rumor)

YES, the train will go "to da moon"

I was actually worried the USD train would go to hell with me, so I changed trains at some point.
I am still worried I don't really know where BTC train is going, but there is at least some chance it is going some place good.

The infamous moon train.

I think there are still a lot of people who expect that exponential growth will restart in the near term.

I think that it's likely they'll lose confidence before that happens, and I think it's likely that when they do, the price will drop to sub-$50 levels.

That's a bit more nuanced than "the only thing supporting these prices" being visions of sugarplums, but it's in the same ballpark.

yes, to some degree. I wish i could honestly say that I dont but ya a part of me keeps some BTC on hand "just in case". but on a more realistic view I do see a rise in value in the mid term (two months-ish) up a mild bit in the short. and the long. I think it could go to 500+ but if we get to 150 ill get out. we will see a huge dip after we hit 150.

I think the other part of it is that people bought in higher, say 150 to 230 (or for those sorry folks that got in right before the crash) and are just waiting to break even than jump ship.

so ya its part of the reason and also to hold to break even. but those two combined is still only half, if that.



I think that people buy to actually fucking use them. imagine that! its like a stock that you can make money on (or loose) AND you can use that stock and buy things with it. WHAT THE WHAT!?!?!?  you mean I could spend these like I can with paper money!?!?! aughhh im loosing my mind!!! now if only they were tax free...oh that would be the ultim.....  :o      no way! shut up! your fing with me. to bad they can trace what yo.........huh (BANGS HEAD ON DESK REPEATEDLY) well now i know your full of it cuz if such a thing existed then everyone on earth that had a computer would buy them.

Guys lets see some more votes, it is a draw at the moment.

ha just voted and its a complete stalemate 21:21:21 :o

I voted partly because that is guananteed to be the correct answer. People are never binary.

Except Blitz, he is a perma-bear  ;)

Serious huh.

The answer is yes, peoples' belief in the future of a currency will mean it is valued. Money is based on belief, after all.

   The moon is a modest short term target. Bitcoin is going to the stars, and this could be anywhere from 4 to 200,000 lightyears from our solar system.

   Don't get me wrong though- I'm actually a bear on bitcoin- it will never go intergalactic.

 

There's a few think that it will go to the moon and they want to be in for that, but most I don't think so it's probably not propping it up with that.