Bitcoin Forum

Economy => Speculation => Topic started by: Yuhfhrh on August 16, 2012, 05:22:31 AM



Title: I speculate we won't go any lower than 13.50 this week.
Post by: Yuhfhrh on August 16, 2012, 05:22:31 AM
I just turned bull. Who thinks I'm wrong?  :P


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: adamstgBit on August 16, 2012, 05:42:49 AM
My gut says so. Who thinks I'm wrong?  :P

we could not go past 13.50 for another 6 months...


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: Bjork on August 16, 2012, 05:45:23 AM
My gut says so. Who thinks I'm wrong?  :P

we could not go past 13.50 for another 6 months...

My predictions: touch 14 tomorrow then decline over the weekend to 12.00, rally resumes monday/late sunday


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: Yuhfhrh on August 16, 2012, 05:50:50 AM
My gut says so. Who thinks I'm wrong?  :P

we could not go past 13.50 for another 6 months...

My predictions: touch 14 tomorrow then decline over the weekend to 12.00, rally resumes monday/late sunday

How sure are you?  :o


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: adamstgBit on August 16, 2012, 06:01:09 AM
My gut says so. Who thinks I'm wrong?  :P

we could not go past 13.50 for another 6 months...

My predictions: touch 14 tomorrow then decline over the weekend to 12.00, rally resumes monday/late sunday

My predictions: we bounce back and forth from 12 to 13 then we crash to 9.50 stabilize crash to 8.50 stabilize  stabilize  stabilize  slow rise over 9.50 quickly turns into rally to 20

my wish: people will start to take dumps and the bid walls just keep getting replaced over and over ever single dump... we realize the buyer has unlimited funds and wants to corner the market ( probably by that time he already has )... from 13 to 100$ in under 30 mins.  ;D


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: smoothie on August 16, 2012, 06:03:57 AM
My gut says so. Who thinks I'm wrong?  :P


You sound like a bull wanting to buy cheap bitcoins lol


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: Bjork on August 16, 2012, 06:04:18 AM
My gut says so. Who thinks I'm wrong?  :P

we could not go past 13.50 for another 6 months...

My predictions: touch 14 tomorrow then decline over the weekend to 12.00, rally resumes monday/late sunday

How sure are you?  :o

0%.  I would put my money on a decent decline over this weekend though.


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: mufa23 on August 16, 2012, 06:32:00 AM
It hit $15 on Bitfloor within this past 24 hours of this post...
https://i.imgur.com/JjOml.jpg


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: smoothie on August 16, 2012, 06:44:22 AM
It hit $15 on Bitfloor within this past 24 hours of this post...
https://i.imgur.com/JjOml.jpg

yes someone jumped off a cliff by themselves. soon we will hit $15 ;D


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: mufa23 on August 16, 2012, 06:50:30 AM
yes someone jumped off a cliff by themselves. soon we will hit $15 ;D
I don't doubt it. I don't need the money right now, so I'm holding onto my coins until it goes up. I think a lot of other miners are doing this too, so the price is only going up for awhile. I am expecting $20/BTC by the end of the year, but I'm pulling that stat out my ass right now. We'll see...


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: ruski on August 16, 2012, 10:04:11 AM
I glanced at the charts today and saw the anemic buy side, stacked up sell side, and figured we were in for a slaughter by the end of the day. Didn't sell though, and it's just kept going up! What looked pretty hopeless from a speculative point of view really didn't matter to someone interested in using the currency.

People are still buying at market price. At this point it's clearly not speculative buying. Actual use of BTC is growing :)


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: Mageant on August 16, 2012, 10:09:25 AM
My gut says so. Who thinks I'm wrong?  :P

we could not go past 13.50 for another 6 months...

Sorry, we already did.


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: smoothie on August 16, 2012, 10:11:12 AM
My gut says so. Who thinks I'm wrong?  :P

we could not go past 13.50 for another 6 months...

Sorry, we already did.

Let me guess....next thread is "we could not go past $14.00 for the next 6 months" :D


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: waspoza on August 16, 2012, 10:21:45 AM
My gut says so. Who thinks I'm wrong?  :P

we could not go past 13.50 for another 6 months...

Sorry, we already did.

Let me guess....next thread is "we could not go past $14.00 for the next 6 months" :D

Or: I predict single digits in next 5 years. :P


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: Carlton Banks on August 16, 2012, 10:23:35 AM
I predict a price seventeen-ty fourty one hundred. Point five.


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: cbeast on August 16, 2012, 10:24:23 AM
This is where the transfer of Bitcoin wealth begins. Folks with large caches will dump their fortune thinking that the Bitcoin will bubble and burst. These Bitcoiners will not be getting their fortunes back. This is how rich people stay rich.


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: Carlton Banks on August 16, 2012, 10:28:09 AM
In fact none of these crash predictions are extreme enough, the most realistic figure is:  $ negative infinity


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: piramida on August 16, 2012, 02:06:00 PM
This is where the transfer of Bitcoin wealth begins. Folks with large caches will dump their fortune thinking that the Bitcoin will bubble and burst. These Bitcoiners will not be getting their fortunes back. This is how rich people stay rich.

Don't worry, folks with large caches already had an opportunity to sell a year ago. those who did not and held all the way down to $2, are not quite likely to jump now, not until previous maximums has been broken. Once they are, I expect a correction, just out of fear of history repeating. Then it will climb it's third leg fully, god knows how far.


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: thezerg on August 16, 2012, 02:15:32 PM
I glanced at the charts today and saw the anemic buy side, stacked up sell side, and figured we were in for a slaughter by the end of the day. Didn't sell though, and it's just kept going up! What looked pretty hopeless from a speculative point of view really didn't matter to someone interested in using the currency.

People are still buying at market price. At this point it's clearly not speculative buying. Actual use of BTC is growing :)

In this market, putting up a bid is basically saying you DON'T want to buy!  :D  You just want your USD to sit around as bid depth.  I haven't seen a seller dump in a couple of days (of course I haven't been watching the whole time).  Actual buyers of real volume have to bite into sell walls.



Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: cheat_2_win on August 16, 2012, 03:19:43 PM
This is where the transfer of Bitcoin wealth begins. Folks with large caches will dump their fortune thinking that the Bitcoin will bubble and burst. These Bitcoiners will not be getting their fortunes back. This is how rich people stay rich.

Don't worry, folks with large caches already had an opportunity to sell a year ago. those who did not and held all the way down to $2, are not quite likely to jump now, not until previous maximums has been broken. Once they are, I expect a correction, just out of fear of history repeating. Then it will climb it's third leg fully, god knows how far.

Actually, it might be in their interest to dump at least some of their bitcoins at some point before it reaches the theoretical peak, so that more people have access. When more people have vested interest in the success of the bitcoin, it is more likely to become successful.


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: bitcon on August 16, 2012, 08:28:02 PM
This is where the transfer of Bitcoin wealth begins. Folks with large caches will dump their fortune thinking that the Bitcoin will bubble and burst. These Bitcoiners will not be getting their fortunes back. This is how rich people stay rich.

Don't worry, folks with large caches already had an opportunity to sell a year ago. those who did not and held all the way down to $2, are not quite likely to jump now, not until previous maximums has been broken. Once they are, I expect a correction, just out of fear of history repeating. Then it will climb it's third leg fully, god knows how far.

Actually, it might be in their interest to dump at least some of their bitcoins at some point before it reaches the theoretical peak, so that more people have access. When more people have vested interest in the success of the bitcoin, it is more likely to become successful.


what would the "theoretical peak" be tho?  could be $15 could be $35...........


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: Yuhfhrh on August 16, 2012, 08:48:07 PM
This is where the transfer of Bitcoin wealth begins. Folks with large caches will dump their fortune thinking that the Bitcoin will bubble and burst. These Bitcoiners will not be getting their fortunes back. This is how rich people stay rich.

Don't worry, folks with large caches already had an opportunity to sell a year ago. those who did not and held all the way down to $2, are not quite likely to jump now, not until previous maximums has been broken. Once they are, I expect a correction, just out of fear of history repeating. Then it will climb it's third leg fully, god knows how far.

Actually, it might be in their interest to dump at least some of their bitcoins at some point before it reaches the theoretical peak, so that more people have access. When more people have vested interest in the success of the bitcoin, it is more likely to become successful.


what would the "theoretical peak" be tho?  could be $15 could be $35...........

I thought it would be $13.50... lol


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: dopamine on August 16, 2012, 09:15:10 PM
People we are going back to $17.50 at least before the end of the year. I say this because mtgox was trading at that price before mtgox got hacked and everyone went bearish. Buy now maybe you will tip me later if I'm right  ;D


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: smoothie on August 16, 2012, 09:16:34 PM
The rate at which we are climbing tells me that this isn't a bubble just yet. Interesting times...for sure...


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: bitcon on August 16, 2012, 10:14:07 PM
yep shortly after the goxing last year when it fell back to around $2 many people ignored their second chance to become "early adopters". i bet some ppl are kicking themselves right now.   maybe if a third time comes around they wont be so hesitant.


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: bitarrow on August 16, 2012, 10:25:16 PM
yep shortly after the goxing last year when it fell back to around $2 many people ignored their second chance to become "early adopters". i bet some ppl are kicking themselves right now.   maybe if a third time comes around they wont be so hesitant.
I want on the long bus too! No hesitation here :)


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: cbeast on August 17, 2012, 02:29:32 AM
People we are going back to $17.50 at least before the end of the year. I say this because mtgox was trading at that price before mtgox got hacked and everyone went bearish. Buy now maybe you will tip me later if I'm right  ;D
This is precisely what I'm thinking, but then again I'm usually wrong.


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: cypherdoc on August 17, 2012, 02:54:54 AM
yep shortly after the goxing last year when it fell back to around $2 many people ignored their second chance to become "early adopters". i bet some ppl are kicking themselves right now.   maybe if a third time comes around they wont be so hesitant.

i'm sure they won't get it.


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: Mousepotato on August 17, 2012, 03:26:03 AM
People we are going back to $17.50 at least before the end of the year. I say this because mtgox was trading at that price before mtgox got hacked and everyone went bearish. Buy now maybe you will tip me later if I'm right  ;D

Ah, the good ol days.  I remember the price sitting at $17.XX for weeks on end, to the point where people were posting threads like "Why $17????"


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: cypherdoc on August 17, 2012, 03:34:20 AM
People we are going back to $17.50 at least before the end of the year. I say this because mtgox was trading at that price before mtgox got hacked and everyone went bearish. Buy now maybe you will tip me later if I'm right  ;D

Ah, the good ol days.  I remember the price sitting at $17.XX for weeks on end, to the point where people were posting threads like "Why $17????"

are you really a girl?  :D


Title: Re: I speculate we won't go any lower than 13.50 this week.
Post by: Yuhfhrh on August 17, 2012, 04:19:50 AM
I just turned into a bull.


Title: Re: I speculate we won't go any lower than 13.50 this week.
Post by: Junko on August 17, 2012, 05:02:50 AM
13.9

14


Title: Re: I speculate we won't go any higher than 13.50 this week.
Post by: Mageant on August 17, 2012, 07:25:00 AM
My gut says so. Who thinks I'm wrong?  :P

we could not go past 13.50 for another 6 months...

Sorry, we already did.

Let me guess....next thread is "we could not go past $14.00 for the next 6 months" :D

Sorry, already did that, too.
 ;D


Title: Re: I speculate we won't go any lower than 13.50 this week.
Post by: Yuhfhrh on August 17, 2012, 07:29:17 AM
I just turned into a bull.

I should have been a bull a long time ago! Look what has happened since :P


Title: Re: I speculate we won't go any lower than 13.50 this week.
Post by: cbeast on August 17, 2012, 12:50:26 PM
I just turned into a bull.

I should have been a bull a long time ago! Look what has happened since :P
I see what you did there.