Bitcoin Forum
June 14, 2024, 01:40:48 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: When China is out of the game what do you think in which range will we be tradin for months after that?
5-85$ - 11 (7.8%)
85$-140$ - 8 (5.7%)
140$-180$ - 8 (5.7%)
180$-250$ - 7 (5%)
250$-306$ - 18 (12.8%)
306$-400$ - 32 (22.7%)
400$-450$ (unrealistic option) - 17 (12.1%)
450$-480$ (delusional option) - 27 (19.1%)
0$ GAME OVER (igorr option) - 8 (5.7%)
-100$ - 5 (3.5%)
Total Voters: 141

Pages: « 1 2 3 4 [5]  All
  Print  
Author Topic: HOW LOW WILL WE GO!  (Read 4499 times)
fonzie (OP)
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


Moderator


View Profile
April 07, 2014, 01:28:59 PM
 #81

Here is an analyis from a neutral well schooled mind.

Genuinely interested, what do people think will happen to the price in the next 3 months if the Chinese news is real?
I believe that the two rallies in 2013 were caused by the opening of the Chinese market, which created huge demand for BTC and sucked coins out of the Western markets.  If the ban is real (I am not convinced yet) most of the coins in the Chinese exchange accounts may be moved to the non-Chinese exchanges.  So I think this may well happen:

The black line is an exponential fitted by eyeball in log scale to the Bitstamp prices before April 2013.

But I think this it is just a possibility, I would not bet on it.  It is hard to guess what the big holders and investors will do: whether they will buy all the Chinese bitcoins, or dump those they already have.


"To know death, Otto, you have to fuck life in the gallbladder"
www.hsbc.com  - The world´s local bank
"These FUDsters are insane egomaniacs that just want cheap BTC" - oblivi
fonzie (OP)
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


Moderator


View Profile
April 07, 2014, 01:31:27 PM
 #82

It´s somehow a funny coincidence that it matches with this one:


I hope everyone has an exit or Plan B if we should go down below 100$. It is not unpossible,it becomes even more and more likely if China should be really out of the game.
Do you have a Plan B , think about it?

"To know death, Otto, you have to fuck life in the gallbladder"
www.hsbc.com  - The world´s local bank
"These FUDsters are insane egomaniacs that just want cheap BTC" - oblivi
UnDerDoG81
Legendary
*
Offline Offline

Activity: 2179
Merit: 1201


View Profile
April 07, 2014, 02:51:51 PM
 #83

$2476 by the end of 2014  Kiss
igorr
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


View Profile
April 07, 2014, 03:04:47 PM
 #84

$2476 by the end of 2014  Kiss

I dont think so,

View Screen Capture

Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe,
Бpaтcкиx нapoдoв coюз вeкoвoй,
Пpeдкaми дaннaя мyдpocть нapoднaя!
Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
serenitys
Full Member
***
Offline Offline

Activity: 126
Merit: 101

Be Here Now


View Profile
April 07, 2014, 03:21:42 PM
 #85


So you think that this time is the End Times for btc, is that what your graph is suggesting - that THIS downturn is it forever and BTC is dead, move along, nothing to see here folks done?

I've noticed this a lot - even though I am not an expert and probably at elementary school level on markets of any sort of understanding there but all through this forum the ones shouting "bitcoin is dead" do this every.single.time there's a down turn as if that downturn is the end of it, wrap it up, let's all go home, defunct...but in spite of this, neither dump their coin nor actually pack it up and go home...they've all been here for what 2 or 3 years doing this same death knell song and dance every time there's a drop.

I mean if you can't figure out long term value and see btc has a long future ahead of it, and that up and down is dynamic and ONGOING, you are delusional.

I hope you don't do sex this way - on the down thrust you're done and roll over... Roll Eyes

You say "anti government" like that's a bad thing...

Unfortunate times will bring out the best in good people and the worst in bad people
igorr
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


View Profile
April 07, 2014, 03:29:27 PM
 #86

This time is much different.

Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe,
Бpaтcкиx нapoдoв coюз вeкoвoй,
Пpeдкaми дaннaя мyдpocть нapoднaя!
Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
igorr
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


View Profile
April 07, 2014, 03:40:35 PM
 #87

Just watch how the decline continues, fifth month in a row.

Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe,
Бpaтcкиx нapoдoв coюз вeкoвoй,
Пpeдкaми дaннaя мyдpocть нapoднaя!
Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
serenitys
Full Member
***
Offline Offline

Activity: 126
Merit: 101

Be Here Now


View Profile
April 07, 2014, 03:49:13 PM
 #88

I keep hearing this

OMG THEY'VE KILLED FRITZ!!!



(or if you're younger, "Kenny")


every few days...

but still see all sorts of businesses accommodating btc, changing policy to accept it, all kinds of btc buzz about it, and because of it, btc still has enormous room to escalate in value...so it's not dead.

It might tank down a bit but it's not flatlining and it's never flatlined and because it solves the problems for people that it solved, it's not going to flatline.

Come back in a decade and then holler btc is dead. It could be by then but now? No way...it's got a good half dozen year shelf life, and even then some I'd wager.

The commercial internet for the general public was rolled out about the early 90s and took a good 5 years for it to kinda catch on. But by 2k, even in spite of the Y2K COMPUTERS ARE EVIL IT'S GAME OVER protests, not only was it not dead, it didn't do shit but grow and flourish. Five years later, things like Twitter, Facebook, smart phones, and tablets hit and it's still going strong.

Btc had its initial 5 years of it just being introduced to the public and early adopters. THIS marks the next 5 year period where new products hit the market that make btc a household name...this is bitcoin's y2k...it's going UP from here, after this y2k panic crap settles down.


You say "anti government" like that's a bad thing...

Unfortunate times will bring out the best in good people and the worst in bad people
UnDerDoG81
Legendary
*
Offline Offline

Activity: 2179
Merit: 1201


View Profile
April 07, 2014, 03:53:03 PM
 #89


3 must be Red Bull, gives you wings  Wink
fonzie (OP)
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


Moderator


View Profile
April 07, 2014, 04:05:06 PM
 #90

This time is much different.

You know it.  You are just afraid to admit it.

We are approaching oversold on 4hr, but the price barely moved.  $100 down days are gone and you know it.

Have you noticed it is much harder to make a good profit shorting the lower we go.  It should tell you something.

Look at what is happening not what you want the market to do. 

It´s not about 100$ moves anymore it´s about how much it moves percentage. 100$ move@1000$ is nowadays a 40$ move@400$. Mind-blowing?
Try again

"To know death, Otto, you have to fuck life in the gallbladder"
www.hsbc.com  - The world´s local bank
"These FUDsters are insane egomaniacs that just want cheap BTC" - oblivi
Bit_Happy
Legendary
*
Offline Offline

Activity: 2114
Merit: 1040


A Great Time to Start Something!


View Profile
April 07, 2014, 08:09:24 PM
 #91

OP: Does the "spooky butt" lady pay you to start Bearish threads with ALL CAPS?


T.Stuart
Hero Member
*****
Offline Offline

Activity: 644
Merit: 500


One Token to Move Anything Anywhere


View Profile
April 07, 2014, 09:29:18 PM
 #92


I hope you don't do sex this way - on the down thrust you're done and roll over... Roll Eyes



                                                                               
███████████████▄▄▄                     ▄█▄     ▀█████▄                     ▄█████▀
████████████████████▄                ▄█████▄     ▀█████▄                 ▄█████▀
              ▀▀█████▄             ▄█████████▄     ▀█████▄             ▄█████▀
                 █████▌          ▄█████▀ ▀█████▄     ▀█████▄         ▄█████▀
                 ▐█████        ▄█████▀     ▀█████▄     ▀█████▄     ▄█████▀
                 █████▌      ▄█████▀         ▀█████▄     ▀█████▄ ▄█████▀
              ▄▄█████▀     ▄█████▀     ▄█▄     ▀█████▄     ▀█████████▀
████████████████████▀    ▄█████▀     ▄█████▄     ▀█████▄     ▀█████▀
███████████████▀▀▀     ▄█████▀     ▄█████████▄     ▀█████▄     ▀█▀
                                    ▀███████▀
                                      ▀███▀
                                        ▀
.
▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔
.◆ ◆ ◆ ONE TOKEN TO MOVE ANYTHING ANYWHERE ◆ ◆ ◆.
▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁
Pages: « 1 2 3 4 [5]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!