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Title: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: 520Bit on February 11, 2014, 08:00:36 AM What do you really think the bottom of bitcoin price after MTGOX is down?
Is $500 the bottom price of bitcoin now? $400? $300? $200? $100? $80? Let me know your thoughts! Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: gollum on February 11, 2014, 08:11:03 AM My target is 100$, thats both a technical support level and a psychological level.
Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: Lauda on February 11, 2014, 08:12:17 AM My target is 100$, thats both a technical support level and a psychological level. No that ia too cheap. 400 - 500$ maybe.Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: 520Bit on February 11, 2014, 08:22:02 AM I believe that if MTGOX announce another negative news, the price will drop half again. So the market is still full of fear. Only MTGOX is dead completely, the market will be stable and rebuild the ecosystem again. As long as MTGOX existed, the market will be manipulated by them.
Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: 520Bit on February 11, 2014, 08:26:09 AM are you talking about the BTC price in general....or at gox...? MTGOX will impact the price. Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: rat on February 11, 2014, 08:29:18 AM nah. Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: seriouscoin on February 11, 2014, 08:29:57 AM Go post in Speculation idiots.
MtGox will impact the price..... right ::) Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: ljudotina on February 11, 2014, 08:30:04 AM 700$ ::)
Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: 520Bit on February 11, 2014, 08:33:56 AM I wish MTGOX went to the hell, never back. They had fiat withdrawal issue last year due to BTC was cheaper at that time, and they have BTC withdrawal issue now because of the higher price. What a ridiculous!
Here is one of my fiat withdrawal issue last year, I never withdrawal both fiat and BTC successfully at MTGOX! Quote ## Please do not write below this line ## Ticket #127204: International withdrawal 19-9-2013 Your request (#127204) has been marked as solved, pending closure. Should you believe that your request has not been adequately addressed and wish to postpone closure, or should you wish to review or comment upon your request, please follow the link below: http://support.mtgox.com/requests/127204 Mt.Gox Support appreciates any feedback that you may wish to provide. Alex Support, Nov 26 01:48 (JST): Dear Customer, Thank you for your patience and sorry for the delay. As per your request. We have canceled your withdrawal request and the funds has been credited back to your MT GOX account. We are trying to move ahead with new banking partners globally to speed-up the funds transfer process. We will get back to you with an updated status once things are fixed. Best regards, Mt.Gox Team https://www.mtgox.com [Attention: Please protect your account using OTP to ensure that your funds are safe and secure. Failing to do so makes your information vulnerable to hackers. Please visit https://mtgox.com/security] Me, Nov 23 12:34 (JST): Hello, Please cancel my withdraw so that I can make trade. -- Thanks and best regards! At 2013-11-20 02:05:34,"Alex Support" <notifications-info@mtgox.com> wrote: Alex Support, Nov 20 03:05 (JST): Hello, Thank you for your patience. Currently we are working on backlogs that need to be cleared soon, and also now we are in-talks with new banking partners globally to speed-up the funds transfer process. We expect this to be completed soon We will update you once the withdrawal is processed. Meanwhile you have an option to cancel your withdrawal request and funds will be credited back to you wallet for your future trade. Please confirm us if you wish to proceed for this option. Best regards, Mt.Gox Team https://www.mtgox.com [Attention: Please protect your account using OTP to ensure that your funds are safe and secure. Failing to do so makes your information vulnerable to hackers. Please visit https://mtgox.com/security] Me, Nov 19 15:49 (JST): Dear Mtgox, Any update about my withdraw? Two months passed, I never got my money. Why??? Thanks and best regards! At 2013-09-29 22:06:59,"Alex Support" <notifications-info@mtgox.com> wrote: Alex Support, Sep 29 23:06 (JST): Dear Valued Customer, Thank you for contacting us regarding your withdrawal request - 627.92 towards CHINA MERCHANTS BANK Due to a change in our banking system we are currently experiencing a back-log of withdrawals that we need to process. Our team is working hard to increase transaction speeds, but there is approximately a two-week back-log we need to overcome. It will take a few weeks to get back to normal, and we thank you for your patience during this time. Again, we apologize for the delay and we will contact you once your withdrawal has been processed. Best regards, Mt.Gox Team https://www.mtgox.com [Attention: Please protect your account using OTP to ensure that your funds are safe and secure. Failing to do so makes your information vulnerable to hackers. Please visit https://mtgox.com/security] Me, Sep 29 22:24 (JST): Why not succeed since I applied withdraw cash? I do not get any RMB since I applied withdrawing. Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: 520Bit on February 11, 2014, 08:40:29 AM The MTGOX can only say apologize, come on, we don't need any apologizes, we need BTCitcoins!
Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: 520Bit on February 11, 2014, 08:51:06 AM If MTGOX make one more statement , the price will drop again.
Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: romerun on February 11, 2014, 08:57:30 AM 400 maybe 350 if lucky
Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: BTCisthefuture on February 11, 2014, 09:18:26 AM around 500 then bounce back. of course it would have a short term impact , but long term bitcoin always bounces back it seems whenever gox causes prices to drop.
Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: boumalo on February 11, 2014, 10:16:36 AM I think it will go down to 250$-450$ (wild range I know) and when it bounces back for good, it will eventually reach new highs within a year
Let's be bold and try to predict accurately : it will not go down more than 375$ and it will bounces back before the end of 2014 at 3-4000$ a pop when the dollar will start crashing down Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: Snail2 on February 11, 2014, 10:20:32 AM Around $500. If gox dies then god knows.
Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: gyaoshi on February 11, 2014, 10:28:39 AM I think the future of MtGox's offline is clear to most people, that kind of expectation has been show in the current price, so that will not be huge damage to the market.
$500 should be safe, and a bounce back is expected. Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: AndOneBtc on February 11, 2014, 10:40:40 AM i do believe ive said 630 before we see any rise in price ive told a friend at work and well see if its true
Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: Asrael999 on February 11, 2014, 10:45:15 AM If MTGOX goes down and takes peoples fiat and coins with it - is that an idictment of bitcoin, or a demonstration of counterparty risk, and a lesson not to keep to much coin or fiat on exchange?
Regardless of what happens, in the longer run gox no longer existing is a positive for bitcoin If the price falls I will be buying (on stamp) below $500, until my fiat held there (not a lot) runs out, then I will HODL Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: EvilPanda on February 11, 2014, 10:58:13 AM I think the future of MtGox's offline is clear to most people, that kind of expectation has been show in the current price, so that will not be huge damage to the market. I agree ~$500. The target price as you can see is at least ~$700, the average price before the Gox crash was staying above that level and quickly went back there, even though the problem hasn't been resolved.$500 should be safe, and a bounce back is expected. Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: 520Bit on February 20, 2014, 01:05:59 PM MTGOX price is less than $145 now. MTGOX is really dead!
Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: kwukduck on February 20, 2014, 01:15:27 PM Just imagine what a massive, never seen before crash we will have when all the cheap goxcoins get dumped on the other exchanges.
We may just see single digits again within a week. Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: Torque on February 20, 2014, 03:40:08 PM Just imagine what a massive, never seen before crash we will have when all the cheap goxcoins get dumped on the other exchanges. So what makes you so sure that these mysterious "goxcoins" even exist?We may just see single digits again within a week. Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: boumalo on February 20, 2014, 08:07:15 PM Just imagine what a massive, never seen before crash we will have when all the cheap goxcoins get dumped on the other exchanges. So what makes you so sure that these mysterious "goxcoins" even exist?We may just see single digits again within a week. And why would they sell them all? Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: raspcoin on February 20, 2014, 08:30:58 PM Just imagine what a massive, never seen before crash we will have when all the cheap goxcoins get dumped on the other exchanges. So what makes you so sure that these mysterious "goxcoins" even exist?We may just see single digits again within a week. Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: AmazonStuff on February 20, 2014, 08:42:15 PM We probably have one week before Gox is officially dead, considering current price fall rate on other exchanges they will be in a week probably somewhere at $450. After that, Gox will be dead and BTC will have some negative media attention, so I guess price will continue to decline, but at slower rate. It will last probably around 2-3 months. Question is where it will end it's decline, well probably somewhere around $200-$250 after that we will have 2 months of slow increase and then new rally, just as nothing happened :D
Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: boumalo on February 20, 2014, 09:33:43 PM Just imagine what a massive, never seen before crash we will have when all the cheap goxcoins get dumped on the other exchanges. So what makes you so sure that these mysterious "goxcoins" even exist?We may just see single digits again within a week. And why would they sell them all? You have to admit -- buying in the low $100s or double digits, then turning around and selling in the $500s looks pretty fucking juicy. Buying at 100$ then selling those goxBTC at a 50% discount for realBTC looks pretty juicy&safe as well Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: Bobsurplus on February 20, 2014, 09:34:59 PM I think the average will be between $152.26 and $198.09
Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: jeffg on February 20, 2014, 09:49:49 PM There are two possible scenarios:
1. MtGox survives and allows btc withdrawals: people will arbitrage their mtgox coins on other exchanges and the prices will aligne somewhere in the middle between all exchages: something like 300-400$ 2. MtGox files bakrupcy: people will lose trust in bitcoin and will sell: price will drop something around 400$ (hard to say) Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: Dragonkiller on February 20, 2014, 09:52:33 PM There are two possible scenarios: 1. MtGox survives and allows btc withdrawals: people will arbitrage their mtgox coins on other exchanges and the prices will aligne somewhere in the middle between all exchages: something like 300-400$ 2. MtGox files bakrupcy: people will lose trust in bitcoin and will sell: price will drop something around 400$ (hard to say) everyone keeps saying this, but it is bullshit Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: BittBurger on February 20, 2014, 09:59:25 PM Agreed.
You'd think the people on Bitcointalk would be smarter than the weak hands who run crying at any bad news. But going by how you all talk (above) ... you are the weak hands. None of you have any knowledge or awareness or faith in the Bitcoin infrastructure, do you? Its all about the market price. Nothing more. The highs. The lows. The bad news... Congrats. You guys are the reason the Bitcoin price can't stay stable. I encourage you all to stop for a moment and read this: http://thenextweb.com/insider/2014/02/15/bitcoin-platform-currency (http://thenextweb.com/insider/2014/02/15/bitcoin-platform-currency) "Bitcoin: It’s the platform, not the currency, stupid!" Learn about what you're investing in. Take a moment. -B- Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: traderCJ on February 20, 2014, 10:06:05 PM Agreed. You'd think the people on Bitcointalk would be smarter than the weak hands who run crying at any bad news. But going by how you all talk (above) ... you are the weak hands. None of you have any knowledge or awareness or faith in the Bitcoin infrastructure, do you? Its all about the market price. Nothing more. The highs. The lows. The bad news... Congrats. You guys are the reason the Bitcoin price can't stay stable. I encourage you all to stop for a moment and read this: http://thenextweb.com/insider/2014/02/15/bitcoin-platform-currency (http://thenextweb.com/insider/2014/02/15/bitcoin-platform-currency) "Bitcoin: It’s the platform, not the currency, stupid!" Learn about what you're investing in. Take a moment. -B- Bitt, you are the reason that bubbles occur. Speculation is good. Speculation is price discovery. Derivatives reduce volatility. Grow up. Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: traderCJ on February 20, 2014, 10:06:34 PM There are two possible scenarios: 1. MtGox survives and allows btc withdrawals: people will arbitrage their mtgox coins on other exchanges and the prices will aligne somewhere in the middle between all exchages: something like 300-400$ 2. MtGox files bakrupcy: people will lose trust in bitcoin and will sell: price will drop something around 400$ (hard to say) This is precisely how I see it. Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: BittBurger on February 20, 2014, 10:12:41 PM There are two possible scenarios: 1. MtGox survives and allows btc withdrawals: people will arbitrage their mtgox coins on other exchanges and the prices will aligne somewhere in the middle between all exchages: something like 300-400$ 2. MtGox files bakrupcy: people will lose trust in bitcoin and will sell: price will drop something around 400$ (hard to say) This is precisely how I see it. This is utter bullshit. Grow up (in your Bitcoin knowledge). Bitcoin is not a stock. It is a platform. And while you and all your buddies are sweating all day hunched over your computers to try and make $15 on the highs and lows, the rest of us are investing in whats actually being created, and not stressing over some bad news. Bad news is irrelevant. Speculation has a negative connotation. Call it what it really is: Confidence in the technology. Your confidence is in your charts that you used for Google stock. This is why your'e all freaking out and terrified right now, while the rest of us are relaxed. Fortunately as *ADOPTION* increases, and the volatility decrease as a result, you all wont have enough highs and dips to warrant sticking around, and you'll go back to your eTrade screens. -B- Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: BittBurger on February 20, 2014, 10:14:53 PM Actually i take it back. Maybe 90% of you are flipping out because your days of arbitrage from Bitstamp to Gox, etc are now over.
I can see why you're all so sad. For the rest of us, omitting your kind from the equation is good. None of you did anything good for Bitcoin, its price stability, or its reputation. Sorry to see you go. -B- Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: traderCJ on February 20, 2014, 10:21:57 PM Sorry to see you go. You're furious, and you shouldn't be. You getting angry at speculators makes about as much sense as getting angry at weather forecasters. The more people chiming in on what they consider to be a fair price for something, the more accurate its pricing will be. Besides, anyone who buys a single Satoshi is a speculator. Bitt, you speculated on Bitcoin when you bought it at $X price. You continue to speculate on it by NOT buying or selling at $Y price. There is no high road for you to take. Stop getting emotional about this, it does no one any good. Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: MAbtc on February 20, 2014, 10:31:26 PM And while you and all your buddies are sweating all day hunched over your computers to try and make $15 on the highs and lows LOL Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: jasonjm on February 20, 2014, 10:41:15 PM before china went crazy it was around $100
now that china is banned, why wouldn't it go back to $100? as of yet there is no china replacement. Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: Lauda on February 20, 2014, 10:42:56 PM 0.1$ per BTC. All panic now! Sell into my hands.
Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: raid_n on February 20, 2014, 10:51:33 PM before china went crazy it was around $100 now that china is banned, why wouldn't it go back to $100? as of yet there is no china replacement. It won't go back to 100 because that is what you and an estimated million others are hoping for (excluding gox for the moment ;) ) Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: romerun on February 21, 2014, 12:27:17 AM 350 before new rally
Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: kireinaha on February 21, 2014, 12:37:18 AM There are two possible scenarios: 1. MtGox survives and allows btc withdrawals: people will arbitrage their mtgox coins on other exchanges and the prices will aligne somewhere in the middle between all exchages: something like 300-400$ 2. MtGox files bakrupcy: people will lose trust in bitcoin and will sell: price will drop something around 400$ (hard to say) This is precisely how I see it. This is utter bullshit. Grow up (in your Bitcoin knowledge). Bitcoin is not a stock. It is a platform. And while you and all your buddies are sweating all day hunched over your computers to try and make $15 on the highs and lows, the rest of us are investing in whats actually being created, and not stressing over some bad news. Bad news is irrelevant. Speculation has a negative connotation. Call it what it really is: Confidence in the technology. Your confidence is in your charts that you used for Google stock. This is why your'e all freaking out and terrified right now, while the rest of us are relaxed. Fortunately as *ADOPTION* increases, and the volatility decrease as a result, you all wont have enough highs and dips to warrant sticking around, and you'll go back to your eTrade screens. -B- Dude, I think you need to take a break from bitcoin for awhile, maybe find a new hobby like sailing or fishing, chill out a little. I've been frequenting the forum for almost a year off and on and you seem to be getting really worked up over this bear market recently. I don't get all this misdirected angst toward the "weak hands", we're in a period of price discovery, this is absolutely normal for an emerging market, and if you have faith, it means a good buying opportunity for you. So don't sweat it so much. Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: wayneyoyo on February 21, 2014, 01:13:59 AM $500 would be a good number to stay on .
Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: theonewhowaskazu on February 21, 2014, 01:45:45 AM My money is on $500 (on stamp).
Before we can head on up we're going to need to double-bottom somewhere, and then re-test the double-bottom with a slightly higher bottom. This could take days, weeks, months, maybe even a year or two. Thats the way these things work around here. Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: Bobsurplus on February 21, 2014, 01:47:38 AM $500 would be a good number to stay on . Wont happen. Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: Jeezy911 on February 21, 2014, 01:51:27 AM 250-300
Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: igorr on February 21, 2014, 11:09:33 AM 10-20 usd
Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: Bagatell on February 21, 2014, 11:53:30 AM https://www.tradingview.com/x/cTXRuB40/
https://www.tradingview.com/v/3qJCpvjH/ (https://www.tradingview.com/v/3qJCpvjH/) Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: igorr on February 21, 2014, 03:58:07 PM https://www.tradingview.com/x/cTXRuB40/ https://www.tradingview.com/v/3qJCpvjH/ (https://www.tradingview.com/v/3qJCpvjH/) LOL, Bitcoin has not any investitor, the same as litecoin, and price go to 30 usd max, Game iz over. producers of mining hardware no longer to invest in Bitcoin, because mining has become impossible for all, mining factor is 0.08 usd per Gh at 24h, and for 7 days go below 5 cents per Gh at 24h ! Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: Lauda on February 21, 2014, 04:01:20 PM LOL, Bitcoin has not any investitor, the same as litecoin, and price go to 30 usd max, Game iz over. Stop spreading FUD. You're just mad because you've joined too late. producers of mining hardware no longer to invest in Bitcoin, because mining has become impossible for all, mining factor is 0.08 usd per Gh at 24h, and for 7 days go below 5 cents per Gh at 24h ! Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: Solarstorm75 on February 21, 2014, 04:01:47 PM There is only 1 counter strategy against the dumping bot on Gox:
Simply replace all your bids to $1. Let's see, if the bot will sell the coins for that price. Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: jasonjm on February 21, 2014, 04:37:04 PM bitcoin will be on a slow bleed down until some really big fundamental shift happens
such as a big country bailing in all bank deposits or amazon.com accepting bitcoin something along those lines. Right now its a non stop stream of bad news. i dont care what price it goes down to, whether its 400 or 30. Will not buy until there is that game changing piece of news. Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: Lauda on February 21, 2014, 05:04:22 PM bitcoin will be on a slow bleed down until some really big fundamental shift happens The current price is good too. such as a big country bailing in all bank deposits or amazon.com accepting bitcoin something along those lines. Right now its a non stop stream of bad news. i dont care what price it goes down to, whether its 400 or 30. Will not buy until there is that game changing piece of news. Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: silverston on February 21, 2014, 05:19:59 PM Stop spreading FUD. You're just mad because you've joined too late. I think he lost a lot ;DTitle: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: Lauda on February 21, 2014, 05:31:03 PM Stop spreading FUD. You're just mad because you've joined too late. I think he lost a lot ;DTitle: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: Mythul on February 21, 2014, 05:33:30 PM I'm guessing somewhere around $450, but not for very long.
Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: igorr on February 21, 2014, 05:47:37 PM Sory, but The game is over, forever ;)
Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: boumalo on February 22, 2014, 10:22:10 AM bitcoin will be on a slow bleed down until some really big fundamental shift happens such as a big country bailing in all bank deposits or amazon.com accepting bitcoin something along those lines. Right now its a non stop stream of bad news. i dont care what price it goes down to, whether its 400 or 30. Will not buy until there is that game changing piece of news. This big positive news for Bitcoin could happen sooner than expected The dollar will plunge within 2years, Big western Banks will fail within 3years, corruption is high, taxes are increasing; it will seem extremely sweet to have a few bitcoins when the shi.t hit the fan Title: Re: What do you really think the bottom of bitcoin price after MTGOX is down? Post by: Wilhelm on February 22, 2014, 12:00:24 PM bitcoin will be on a slow bleed down until some really big fundamental shift happens such as a big country bailing in all bank deposits or amazon.com accepting bitcoin something along those lines. Right now its a non stop stream of bad news. i dont care what price it goes down to, whether its 400 or 30. Will not buy until there is that game changing piece of news. This big positive news for Bitcoin could happen sooner than expected The dollar will plunge within 2years, Big western Banks will fail within 3years, corruption is high, taxes are increasing; it will seem extremely sweet to have a few bitcoins when the shi.t hit the fan I'm pro bitcoin but if the dollar plunges in 2 years and banks fail in 3 years then it will be the end of America and not the beginning of bitcoin. Bitcoin cannot build the infrastructure that fiat has in that short of a period and have everyone adopt it. We need years of investing in infrastructure before that can happen. Look at technology like electric cars and mobile phones ... it took years before every city had cell towers and it will take some years before you can refuel your electric car everywhere.... |