Q7
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April 03, 2015, 12:10:58 PM |
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It's still 50-50 because in bitcoin anything is possible. You can have thousands of people telling you it will never happen again but will you believe it? Similarly if you have another bulk of people convincing you that it will make it over 1000 next year, would you also buy the story? I think it would help to just set it aside, rather than kept on thinking about it. My take is that it won't be so soon. Just wait for the halving to occur. It might not be the next but the one after the next.
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DeadCoin
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April 03, 2015, 12:19:20 PM |
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I'd say 25% chance $300 will never be seen again 50% chance $400 will never be seen again 90% chance $500 will never be seen again 99% chance $600+ will never be seen again
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coinableS
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April 03, 2015, 12:37:21 PM |
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0 chance it will hit 1000 usd again.
Funny man! If bitcoin is still a thing in 10 years, I guarantee you it will be worth over $1,000 USD.
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inca
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April 03, 2015, 12:38:53 PM |
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I'd say 25% chance $300 will never be seen again 50% chance $400 will never be seen again 90% chance $500 will never be seen again 99% chance $600+ will never be seen again
It is cute that you are still here. No. It's simply not worth the risk. If you buy for $225 and intend to sell for $300 that's 33% profit, but there's more than 25% chance $300 will never be seen again so that's a bad bet.
I don't know what's your exit point, but you'll most likely never see it and end up holding the bag.
There's more downside potential than upside, so definitely no. And don't listen to bull scammers who tell you to buy, they just want to lure new suckers.
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DeadCoin
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April 03, 2015, 12:49:16 PM |
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I'd say 25% chance $300 will never be seen again 50% chance $400 will never be seen again 90% chance $500 will never be seen again 99% chance $600+ will never be seen again
It is cute that you are still here. No. It's simply not worth the risk. If you buy for $225 and intend to sell for $300 that's 33% profit, but there's more than 25% chance $300 will never be seen again so that's a bad bet.
I don't know what's your exit point, but you'll most likely never see it and end up holding the bag.
There's more downside potential than upside, so definitely no. And don't listen to bull scammers who tell you to buy, they just want to lure new suckers.
What's your point? $300 was still not seen since i posted that.
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inca
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April 03, 2015, 12:51:14 PM |
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I'd say 25% chance $300 will never be seen again 50% chance $400 will never be seen again 90% chance $500 will never be seen again 99% chance $600+ will never be seen again
It is cute that you are still here. No. It's simply not worth the risk. If you buy for $225 and intend to sell for $300 that's 33% profit, but there's more than 25% chance $300 will never be seen again so that's a bad bet.
I don't know what's your exit point, but you'll most likely never see it and end up holding the bag.
There's more downside potential than upside, so definitely no. And don't listen to bull scammers who tell you to buy, they just want to lure new suckers.
What's your point? $300 was still not seen since i posted that. Except on the 10th of March..
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DeadCoin
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April 03, 2015, 01:04:05 PM |
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It never reached $300 on bitstamp. I thought Bitstamp price is generally accepted one we refer to when we talk about price.
Regardless, even if it did, it didn't prove me wrong since I said it's less than 75% it will be seen, not that it will never be seen. So far it seem like it was a good estimate. Btw how many people did manage to sell at $300 that day?
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inca
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April 03, 2015, 01:19:23 PM |
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It never reached $300 on bitstamp. I thought Bitstamp price is generally accepted one we refer to when we talk about price.
Regardless, even if it did, it didn't prove me wrong since I said it's less than 75% it will be seen, not that it will never be seen. So far it seem like it was a good estimate. Btw how many people did manage to sell at $300 that day?
The point was you are telling people the price of a commodity will not reach certain levels. Even better you are giving percentage odds of that happening. I was simply pointing out your last venture in this regard ended with you being proven entirely wrong in less than a month. Bitfinex is the exchange used by most to determine the price. It doesn't matter who sold at 300 any more than it matters who sold at 1200 or 160. The price is the price.
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Dilla
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April 03, 2015, 02:27:54 PM |
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Etf and Gemini.
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Callahan
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April 03, 2015, 02:44:55 PM |
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Etf and Gemini.
I think the same, etf will pump btc @1k
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Natalia_AnatolioPAMM
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April 03, 2015, 03:15:50 PM |
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i was wondering what people think about the value of 1 bitcoin in the future
0,000001%
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arbitrage001
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April 03, 2015, 04:04:04 PM |
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0 chance it will hit 1000 usd again.
Funny man! If bitcoin is still a thing in 10 years, I guarantee you it will be worth over $1,000 USD. Don't get me wrong, I am a firm believer in blockchain technology. And I am pretty certain blockchain technology will still be around in 10 years in one form or another (improved version). As for bitcoin, it is a good experiment and it is showing promising results for blockchain tech. That is about the only benefit bitcoin has in its still somewhat short existence.
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maku
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April 03, 2015, 06:15:16 PM |
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i was wondering what people think about the value of 1 bitcoin in the future
0,000001% it is like asking if you think we will have nice weather in the next year or rather shitty. Nobody knows for sure. Economist are generally consistent in the claims that bitcoin have bright future ahead. But seeing how is losing more than half its value last year. I wouldn't be so sure anymore... We will find a price barrier of bitcoin soon.
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ensurance982
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April 03, 2015, 07:43:01 PM |
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I'd say maybe 75%. I think $1'000 isn't that far away, to be honest. We've been there before and a real bull market can push us there sooner rather than later, really.
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o0‡0o
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Have faith.
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April 03, 2015, 09:26:41 PM |
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What is the chance of Bitcoin being 1000 us dollars in the next year anything is possible but $ is a bad indicator as it could hyper-inflate what is the chance of bitcoin being equal to one once gold in the next year slim
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Get used to it.
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pleaseexplain
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April 04, 2015, 05:53:50 AM |
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7.214% chance
very good guess as the prediction site I use for betting says currently it is 8.32% but it fluctuates down to about 5 % and up to about 13% briefly at times - so you are right on the money.
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uki
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cryptojunk bag holder
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April 04, 2015, 10:14:38 AM |
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This year (2015) definitely not. Next year with halving event and ETF coming into fruition possibly yes.
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