Looking good for 11PM PST.
He's already won. "Daily "High" value of 1 Bitcoin reported by MtGox will be above $12 on August 27th" According to the bet in betsofbitcoin he did, but the title of this thread is "The price of bitcoin will be >$12 on August 27th, 11pm PST" fair enough. Do you want to bet on that statement?
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good morning.
just to clarify, the bet was the daily high today would be >$12. So, no matter what happens, I still won the bet.
Although, I do think we will end the day >$12 anyway.
The concept of a "bullish crash" has probably been explained on these forums before. The simple version is: The coins were moving into stronger hands. There's more to it than that, but I'll keep it simple for now.
The reason this last crash seemed so bullish to me was: there was that obvious fake stairway formation and yet we still weren't crashing any further even though it would require >$1.4 million dollars to get to $12 at the time.
My guess was the stairway formation was there because a big player(s) wanted to keep the price low enough until the weekend to start a big rally. The reason why he/they waited until the weekend to remove the stairway is that he/they didn't want much competition to snag up the coins.
These are just a few factors that helped me decide this was indeed a "bullish crash." For obvious reasons, I don't want to give away my bread and butter trading strategies.
All in all, it was just a guess. But a well informed one.
Next prediction: We will break our 2012 high about a week after the big announcement coming up.
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I think its obvious
either kent
A) Has a friend who has 200K that was ready to buy
or
B) Kent has 200K and was going to buy
either or I do not care let the rally commence I dunno about breaking 32 like last year but fucking A if we see close to 20 alot of people will be happy
no, its not that. If that was the case, I wouldn't make a post on the forums about it. also, it would take >$1.4 million dollars to make that prediction from my prediction thread: $1.4 million is required to bring it up to $12.
I'm going to get some sleep. I'll explain why the price is $12 when I wake up. Hint: believe it or not, but there is such thing as a "bullish crash." ill explain later Also, I went all-in at $8, so I'm definitely biased and it's in my best interest to persuade people to buy.
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kentrolla where are you getting these ideas from?
idk, lucky guesses. ¯\_(ツ)_/¯
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nice. I'm pretty sure that was the lowest u could buy at
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hey, you still might be right you know. $12 by tomorrow right?
no, i'm talking about my prediction of a buy up to $10.7 for 20k btc (back when the price was 10.5 and it required 20k btc to get to $10.7). I was wrong. instead the "market" did it over time and no big player did it in one big move. I know I still will be right about my other prediction of $12 by the end of the 27th I'm glad I took the bet on your side lol ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) lol you're crazy. it's only a good bet if you know what I know. thanks for setting up the bet on betsofbitcoin tho. I hope you bought at ~$9.7 when I posted that prediction ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Nope, I wasn't that confident in you ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Trying to get in at around 11 if that is still possible lol lol i was just going to say place a bid at 11.01 did u get in?
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hey, you still might be right you know. $12 by tomorrow right?
no, i'm talking about my prediction of a buy up to $10.7 for 20k btc (back when the price was 10.5 and it required 20k btc to get to $10.7). I was wrong. instead the "market" did it over time and no big player did it in one big move. I know I still will be right about my other prediction of $12 by the end of the 27th I'm glad I took the bet on your side lol ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) lol you're crazy. it's only a good bet if you know what I know. thanks for setting up the bet on betsofbitcoin tho. I hope you bought at ~$9.7 when I posted that prediction ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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hey, you still might be right you know. $12 by tomorrow right?
no, i'm talking about my prediction of a buy up to $10.7 for 20k btc (back when the price was 10.5 and it required 20k btc to get to $10.7). I was wrong. instead the "market" did it over time and no big player did it in one big move. I know I'll still be right about my other prediction of $12 by the end of the 27th ( https://bitcointalk.org/index.php?topic=102574.0)
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only 6 minutes left to vote! googogogo!
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well, i guess someone made a move, but not THE move. They placed a 10k bid at $10.7 instead of 20k like i predicted
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well i guess i was wrong. No investor was smart enough to make that move I had predicted
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What happened to your too soon to brag thread? ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fsurfwithberserk.com%2Fimg%2Ffunny%2Fepic_fails%2F56.jpg&t=663&c=-jh_x5FGSImbLw) i had a mod delete it because it was too soon. I'm still sure of my prediction.
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i'm really surprised no one has made this move yet.
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it's not to late to make a move, rally is about to start, those +$10.6 walls are going down, one way or another
yea, i agree those walls are going down no matter what. but, my prediction was that some big player would buy it up to $10.7 in one move. getting him 20k btc for ~$210k. I still think there will be a big move to $10.7, but not as big as I had predicted.
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well, its looking like its too late to make the move that i had predicted. The reason i predicted that move is because, knowing what i know, that's exactly what i would do if i had $220k. I would want to make sure I made the move before someone else did because I think it was the last chance for a big investor to get 20k btc for <$220k.
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If he doesn't pay back, down.
Care to explain this logic. Who is going to create this additional selling pressure to drive prices down? The investors who have no coins to sell because they weren't repaid? People who didn't invest who will suddenly feel the urge to sell because other people got scammed? Pirate? Trade a lot of easy to hide/transport BTC for a lot more easy to track USD? +1. Thanks for saving me 30 seconds of typing. slow typer
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the $12 deadline is the end of august 27th. This buy is going to happen tonight. This is just a guess. the other thread i'm sure about.
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someone is going to place a 20k btc bid @ $10.70
just a hunch
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