POLL: how much will the bitcoin price drop after reopening of mtgox?

[unemployed]

It surely won't rise.

[da2ce7]

what a junk poll... junk post, junk user unemployed

[tomcollins]

It surely won't rise.

Why not?  Anyone who wanted to sell probably already took their coins out and sold them.  Money takes longer to transfer so anyone wanting to buy is more likely to still have funds at Mt. Gox.

I do predict we see much thinner markets and more volatility since people will be scared to keep any funds at Mt. Gox.

[unemployed]

what a junk poll... junk post, junk user unemployed

Someone here holds lots of bitcoins on mtgox  

[jackjack]

It will rise to over 9000

[Horkabork]

Holy false choice fallacy, Batman!

I'm thinking of starting a poll as well:

How much do you like freedom?
1. Not very much.
2. Not at all. I hate freedom.
3. Really I don't like freedom one bit.

Whoa. All of you who voted hate freedom? Are you terrorists?

[fassadlr]

These polls are really dumb.

[jerfelix]

It surely won't rise.

Ah... 70 more minutes before we get to watch the pigs get slaughtered.

Of course the price will rise.

You and others will try to sell immediately.  The savvy investor knows the suckers will be trying to sell.  CASH has been tied up in Mt. Gox for a week.  (Bitcoins were freed yesterday, but not so much the cash.... hard to move your whole cash position to TradeHill... easier to wait until today's Mt Gox open).

Savvy investors will be buying up Bitcoins from the amateurs.  And some of you will sell your whole position at 15.  And when you see the price hit 17, and then 18, and the world didn't end, then you'll be buying back in at 18... And you'll drive the price up over 20.  Before it's all over, some amateurs will be out at 15 and back in at 25.  Sell low, buy high.  Good move!

Then again, what do I know!  Trust your instincts!  Others will appreciate it.


Why would you not have a poll option greater than 10?  Like "It will rise, not fall."

[jackjack]

It surely won't rise.

Ah... 70 more minutes before we get to watch the pigs get slaughtered.

Of course the price will rise.

You and others will try to sell immediately.  The savvy investor knows the suckers will be trying to sell.  CASH has been tied up in Mt. Gox for a week.  (Bitcoins were freed yesterday, but not so much the cash.... hard to move your whole cash position to TradeHill... easier to wait until today's Mt Gox open).

Savvy investors will be buying up Bitcoins from the amateurs.  And some of you will sell your whole position at 15.  And when you see the price hit 17, and then 18, and the world didn't end, then you'll be buying back in at 18... And you'll drive the price up over 20.  Before it's all over, some amateurs will be out at 15 and back in at 25.  Sell low, buy high.  Good move!

Then again, what do I know!  Trust your instincts!  Others will appreciate it.


Why would you not have a poll option greater than 10?  Like "It will rise, not fall."

For >$10 options, see there: http://forum.bitcoin.org/index.php?topic=22793.0

[bzzard]

It surely won't rise.

So you think that people on this forum are just bunch of morons that will buy your shit so you can buy cheap bitcoins?

[Alex Beckenham]

It said I could choose up to 5 options, so I did.

But really, I would have just chosen $15 if it was there.

[BTC Economist]

Tradehill has way less users than Mt. Gox so its not like the Mt. Gox users just went to TH and sold their bitcoins.  Should be interesting to see what happens.  

[walidzohair]

Now after it is open and settled down .. it will equate with other stock markets you SMART guy!

[YoYa]

Trollfail!

[unemployed]

Here it goes, it started dropping. SELL SELL SELL!!