Bitcoin Forum

Economy => Speculation => Topic started by: mute20 on September 11, 2011, 09:29:39 PM



Title: How high will the price be today?
Post by: mute20 on September 11, 2011, 09:29:39 PM
Take your guess 2:00 utc 4:30 hours from now.

8.22

Overoptimistic guess.


Title: Re: How high will the price be today?
Post by: smoothie on September 11, 2011, 09:56:41 PM
$7 could go higher but likely will rebound.


Title: Re: How high will the price be today?
Post by: coined on September 11, 2011, 10:02:54 PM
$7 could go higher but likely will rebound.

I thought the original rally to 7 was a normal bounce from the low, which was confirmed a bit when it went back down a little, but now it's heading up again... I don't think that's short term bounce behaviour, don't go to sleep now  :P

the potential upside from a new real rally from 4's is very high, could cause panic buying(people thinking final wave into $100 or more, it's possible).

who knows what will happen, all we can do is watch  ;D



Title: Re: How high will the price be today?
Post by: fcmatt on September 11, 2011, 10:21:29 PM
I would say the price will be back around 5.75 to 6.25 in short order.
I am glad I had the opportunity to sell my cosby coins today above 6.50.


Title: Re: How high will the price be today?
Post by: coined on September 11, 2011, 10:22:46 PM
it's also possible the market just got goxxed, and nobody knows what is going on :D


Title: Re: How high will the price be today?
Post by: smoothie on September 11, 2011, 10:33:41 PM
Maybe the price will go to $0.01 then skyrocket to $100,000. ;D

(wakes up from dream)

....

DAMN!


Title: Re: How high will the price be today?
Post by: coined on September 11, 2011, 11:18:09 PM
the market being "goxxed" starting to look likely, saw a single order for 5 then 4 without going through the bids in between...

if the original goxxed buy at 13 or whatever caused panic buying, this may have the reverse effect.


Title: Re: How high will the price be today?
Post by: bitcon on September 11, 2011, 11:42:00 PM
will be down to 5.10 by the end of the day


Title: Re: How high will the price be today?
Post by: smoothie on September 12, 2011, 12:14:52 AM
will be down to 5.10 by the end of the day

Cant wait.


Title: Re: How high will the price be today?
Post by: bitcon on September 12, 2011, 12:21:38 AM
i am usually wrong in my predictions, so this is a good thing for bitcoin.   


Title: Re: How high will the price be today?
Post by: Nagle on September 12, 2011, 06:01:50 AM
it's also possible the market just got goxxed, and nobody knows what is going on :D
Agreed. Mt. Gpx is so broken today that it's not clear that their information means anything. They might even try to undo trades again.