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Price will increase until we hit 40k ask sum on Gox (currently around 50k). Then we stagnate for a bit, probably followed by slow decline. Small possibility of a mini rocket to 180-200ish if we go under 40k. Turbo crash if we touch 20k.
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Poll does not include six and seven figure options. Therefore it fails.
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Terrible move taking away instant purchases from loyal customers unless they link a visa card as of 10/11/13. I will never recommend or use their service again. Very disappointed, just can not go back to waiting 7 days to receive bitcoins...
^ drug dealer ^ |
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trend line is broken on high volume. Going down.
No. $180 by end of day.  |
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Wtf Walsoraj $180 by friday, adamstgBit epic crash in 5... 4....Have the accounts been hacked?
I changed my mind. Single digits by Friday!  patiently waits for Adam's response |
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Bull mode = on + set to turbo. This might be epic, especially if ask sum goes below 40k.
Won't believe it til the avatar goes rightside up Never going to happen. Don't want to cause any confusion between me and Jaroslaw. |
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Panic buys as a result of Dwolla closing?
hmm... might be time for me to turn bull and buy in...
 Perfect storm approaching... Debt ceiling issues in US and even more difficultly turning btc into fiat. Those with fiat on exchanges gonna get desperate soon... *edit* Bull mode = on + set to turbo. This might be epic, especially if ask sum goes below 40k. *edit 2* Gox going down for maintenance: 3:00 a.m. and 5:00 a.m GMT on October 11th. Panic buys before the downtime? hmm.. |
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Panic buys as a result of Dwolla closing? Getting even harder to get fiat from exchanges.
hmm... might be time for me to turn bull and buy in...
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There will never be stability as long as a few players can crash the market at will. "Stability" requires a solid foundation. I.e., less uncertainty about future market movement.
An appropriate analogy to the current situation would be living in a house of cards or playing late game of Jenga.
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In retrospect it seems obvious, but back then, the most optimistic talked prices around 4$ (we got to 7$ in what, two months?) . Anyone posting suggestions of 100-200$ was just like the guys now, talking about 10,000$ in 2015.
Its easier to go from $10 to $100 then from $100 to $1000. It needs much more volume. Not really. At the point in time we were $10, we were 2/3 from the ATH, and practically everybody in the world had written off Bitcoin as a 'dead' currency. Now, we are less than 1/2 from our current ATH, and everybody has seen BTC come back, and BTC has been featured on many news stories, and the BTC economy is a thing, so its much easier to gain traction. If you ask a random person (ok, I live in silicon valley, so maybe this isn't a representative example, but still) about Bitcoin, they'll at least know that its a digital currency. They might not know what that means exactly, but its a gigantic step forward. The fact that everybody knows about bitcoin now yet the volume remains pathetically low is a bad sign... Indicates both that the capitulation is yet to come and we may not recover from this one. Stop looking at Gox volume, that is a station long past now. Cant. No other station has taken its place (bitstamps high volume is only in spurts and has laughable bid depth). Just another sign that we haven't capitulated yet and the bubble probably wont re-inflate. |
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In retrospect it seems obvious, but back then, the most optimistic talked prices around 4$ (we got to 7$ in what, two months?) . Anyone posting suggestions of 100-200$ was just like the guys now, talking about 10,000$ in 2015.
Its easier to go from $10 to $100 then from $100 to $1000. It needs much more volume. Not really. At the point in time we were $10, we were 2/3 from the ATH, and practically everybody in the world had written off Bitcoin as a 'dead' currency. Now, we are less than 1/2 from our current ATH, and everybody has seen BTC come back, and BTC has been featured on many news stories, and the BTC economy is a thing, so its much easier to gain traction. If you ask a random person (ok, I live in silicon valley, so maybe this isn't a representative example, but still) about Bitcoin, they'll at least know that its a digital currency. They might not know what that means exactly, but its a gigantic step forward. The fact that everybody knows about bitcoin now yet the volume remains pathetically low is a bad sign... Indicates both that the capitulation is yet to come and we may not recover from this one. |
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I am so pissed now, usd withdrawal not processed after 3 months forcing me to buy bitcoins at a big loss and withdraw, NOW even bitcoin withdrawal is not working, how the F can I get my money out of this dirty place then? Never in my life have I been so angry, I have never worked with a dick sucking company like MtGox, FFS, never trust these damn fools and put your money at their mouth.
plz elaborate. Are you a drug dealer refusing to provide gox with identifying information? |
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Nobody wants MtGox to die.
But it would be good for everybody - arguably including MtGox, if the exchanges get distributed. Much like the actual markets perhaps, have at least a big one on each continent, and then one in each country as well.
MtGox should be the Nikkei. Perhaps Wall Street even. But not the Vatican. (So I guess everything has been going great actually, lately.)
Not enough overall volume for this to be effective. The result will instead be a fracturing of volume to such low levels that manipulation, including price fixing, is easier. |
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I will become mega bull with raging boner when I see 50k daily volume on gox for at least a week. Until then, SINGLE DIGITS!
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He kind of looks like the linux penguin |
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another tinfoilhat theory about lack of volume: what if 90% of trading (up until recently) was by a very small group of criminal traders, who have been caught or scared away from the major exchanges?
amirite, or amirite?
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Ok so whats the plan? Do we all panic, and in what direction? plz advise
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