Bitcoin Forum

Economy => Speculation => Topic started by: tacotime on September 20, 2011, 05:35:13 AM



Title: 9/20/11 Speculation Thread
Post by: tacotime on September 20, 2011, 05:35:13 AM
I forsee 6.25$ USD/BTC by the end of the day.

No particular reason for the enthusiasm.


Title: Re: 9/20/11 Speculation Thread
Post by: payb.tc on September 20, 2011, 05:58:32 AM
i agree it could get that high today, but back to $5 or less later in the week.


Title: Re: 9/20/11 Speculation Thread
Post by: hiVe on September 20, 2011, 06:08:28 AM
Im not as pessimistic. Anyway lets speculate.


Title: Re: 9/20/11 Speculation Thread
Post by: RyNinDaCleM on September 20, 2011, 06:10:07 AM
It may be to 6.25 here shortly!


Title: Re: 9/20/11 Speculation Thread
Post by: mute20 on September 20, 2011, 06:18:54 AM
Just hit 6.26 lets see how high it goes


Title: Re: 9/20/11 Speculation Thread
Post by: FlipPro on September 20, 2011, 08:25:23 AM
I feel a rally coming  ;D


Title: Re: 9/20/11 Speculation Thread
Post by: Swishercutter on September 20, 2011, 08:50:21 AM
Merchants...hurry up!! Now is the time to start accepting BTC while the weighted price is low.  You will be very happy if you can make a few sales before the price increases.

Also, we need more merchants with raw materials for exchange...spread the word...we can all benefit if the people selling things can easily trade BTC for more materials to make things.  We need the Alpaca yarn not just the socks (just an example, I really don't want either personally).  Paying for groceries and rent with BTC may be a bit far off (for the majority) still but there is no reason to not be able to buy things like raw materials.  If you are currently working with purchasing anything online from any companies (electronic components for example) try to explain that x% of your sales are in BTC and you would really like to be able to exchange directly but be sure to point out why you prefer to accept BTC (no chargebacks and small fees is a good place to start).  In the long run this will make significantly more money for everyone.


Title: Re: 9/20/11 Speculation Thread
Post by: Swishercutter on September 20, 2011, 09:01:02 AM
I forsee 6.25$ USD/BTC by the end of the day.

No particular reason for the enthusiasm.

According to Bitcoincharts the Mt.Gox high was $6.26 at some point.


Title: Re: 9/20/11 Speculation Thread
Post by: Technomage on September 20, 2011, 11:12:06 AM
We will see heavy up and down movement. Rally, correction. Rally, correction. But the pressure is up now, not down. Look for $7 to break this week.


Title: Re: 9/20/11 Speculation Thread
Post by: bitcoinTrader on September 20, 2011, 11:39:39 AM
We will see heavy up and down movement. Rally, correction. Rally, correction. But the pressure is up now, not down. Look for $7 to break this week.
Agree about the bitcoin outlook part - bullish :)
But its hard to predict price.


Title: Re: 9/20/11 Speculation Thread
Post by: Philj on September 20, 2011, 12:15:13 PM
$7.13 by end of the day, with 8.32 popping up tomorrow.

So says my crystal ball.


Title: Re: 9/20/11 Speculation Thread
Post by: Explodicle on September 20, 2011, 12:59:22 PM
After the last few months I've given up on my prediction ability. I'm just going to buy a teensy bit when my deposit clears. (Won't significantly influence price)

Edit: perhaps I'm not the only one doing this with some of his mid-month paycheck... I guess we'll see.


Title: Re: 9/20/11 Speculation Thread
Post by: tacotime on September 20, 2011, 02:16:40 PM
GUESS I WASN'T OPTIMISTIC ENOUGH, I think we may see it come back down by the afternoon though.