|
22
|
Economy / Speculation / Re: Bitcoin will never reach $20 again
|
on: August 06, 2011, 01:59:39 PM
|
It is funny how all the bitcoin fans are trying to change the topic of this thread. They'd rather lose money than heed my advice. The plunge continues.
$8.80
where do you think it will stabilize? Between $0 and $1...probably on the lower end. How soon? within the year? I am not sure really...my advice is simply to sell. I will let you know if my advice changes to buy, but since this thread, the value has plunged almost 50% with very few if any uptick days. |
|
|
|
|
23
|
Economy / Speculation / Re: Bitcoin will never reach $20 again
|
on: August 06, 2011, 01:56:14 PM
|
It is funny how all the bitcoin fans are trying to change the topic of this thread. They'd rather lose money than heed my advice. The plunge continues.
$8.80
where do you think it will stabilize? Between $0 and $1...probably on the lower end. |
|
|
|
|
25
|
Economy / Speculation / Re: Bitcoin will never reach $20 again
|
on: August 06, 2011, 01:52:10 PM
|
It is funny how all the bitcoin fans are trying to change the topic of this thread. They'd rather lose money than heed my advice. The plunge continues.
$8.80
Glad you care about us. /endsarcasm Along with several others, I have been warning people to get out for about a month now. |
|
|
|
|
29
|
Economy / Speculation / Re: Short sell bitcoins
|
on: August 04, 2011, 05:04:01 PM
|
|
I suppose the only reason this hasn't been created yet is that the techie people who could create it all love bitcoin and know that this would just accelerate the collapse. I'm all for pouring gasoline on the fire, though.
|
|
|
|
|
30
|
Economy / Speculation / Re: Bitcoin will never reach $20 again
|
on: August 04, 2011, 03:25:00 PM
|
How is $20 looking less and less likely again?
So BTCs drop quite a bit over the past 2-3 days - there isn't any reason why it wouldnt go back up soon. The "crash" (if you can easily call it that) is a result of a few things, at least what I gather, including the MyBitcoins scam and the fact that BTCs hit $20 so fast at first for example. The MyBitcoins scam was an immediate and one time occurrence that'll balance out very shortly.
To say that it won't go back to $20 for a long time is a bit of a long stretch.
To say that it'll NEVER go back to $20 again is an even longer stretch.
This is what early adopters would like to believe, but the crash is due to people realizing bitcoins have no purpose and hence no value unless you are a drug user who prefers online transactions. If the market were more liquid, I could see bitcoins having some value to investors, but judging by the recent lack of depth on the buyside, this is clearly not the case. |
|
|
|
|
33
|
Economy / Speculation / Re: Bitcoin will never reach $20 again
|
on: July 31, 2011, 05:37:47 PM
|
So far my prediction has held. It's pretty much been holding in the $13 range for some time and buying support remains weak.
Seriously that post is a troll. The title of the topic is (in case it gets changed sometime) "Bitcoin will never reach $20 again" So what if after 3 weeks it hasn't reached $20? That's a very small percentage of the time between now and "never" The only possibility of "never" being proven true is if "The Bitcoin" fails before it "ever" reaches $20 For someone who says they know economics, your mathematics and logic skills seem to be rather lacking even in your original thread name ... Semantics....eventually everyone realizes how completely unfeasible $20 is. And to the poster who thinks it will never reach $6, I invite you to start a thread so we don't forget your prediction. |
|
|
|
|
39
|
Economy / Speculation / Re: Bitcoin will never reach $20 again
|
on: July 15, 2011, 01:45:42 AM
|
I like keeping idiot topics like this on the front page until they are conclusively proven to be wrong. Look at lardycake, that idiot hasn't bothered following up since we eviscerated his foolish claims. This one will fall too, just give it some time  Last Mt.Gox: 15.13Sure, let's go sledding... Last Mt.Gox: 14 (intraday high: 14.09) |
|
|
|
|
Show Posts
