Herodes (OP)
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August 17, 2012, 07:10:08 PM |
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Pirate unsurprisingly throwing in the towel. Investors getting back (?) their BTC, and naturally wants to cash out not only interests, but also their original investment due to the recent sharp increase in price. People who just recently bought in will panic and sell as well. Market will be very volatile for the coming days. Never attempted a prediction before, so let's just hope I'm wrong.
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phorensic
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August 17, 2012, 07:13:09 PM |
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The market usually does the opposite of big predictions like this, so hopefully more people keep predicting a crash due to the Pirate thing. It's already been predicted in several other threads, so let's go! Rally!..er, I mean, crash!
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MXRider
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August 17, 2012, 07:13:12 PM |
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But everyone knows that the price will drop so why sell? Everyone keeps their coins and the price stays the same. Some of us know that the price will stay the same so we are going to sell... but why sell if the price drops because people are selling Speculations is guessing and there are three options right now: up, down or flat.
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dopamine
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August 17, 2012, 07:14:10 PM |
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all you bears make this bet on http://betsofbitco.in/ so I can disagree and take your BTC :p
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Bitcoinica still has not given me 50% of my claim of 600 BTC INTERSANGO can go down with bitcoinica for abandoning customers Alberto Armandi is a SCAMMER
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ElectricMucus
Legendary
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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August 17, 2012, 07:15:05 PM |
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Disagree. A move like that would mean the end of the rally since it would trigger several trend following trading rules to cash out.
Have I gone bull? IDK I'm not buying because I can't think straight, but I doubt we have seen the last of this bubble.
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VelvetLeaf
Member
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Activity: 98
Merit: 10
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August 17, 2012, 07:20:10 PM |
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+1. Price should get corrected earlier at ~$12 but can't because of the damn Gox bug. We'll heading there now. https://bitcointalk.org/index.php?topic=99583.msg1088961#msg1088961If you want to blame someone, blame Gox.
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BTC : 1GN81dxzxyFPQsyAtdocXr5S9Mcg4wcfFG LTC : LgmYvXsYXc4xdjsMKXJWqtagxVvioK6iaw FC : 6dpSnKMtttUUYzaRu1EB7Lu18PBRVHU3V7
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Herodes (OP)
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August 17, 2012, 07:22:47 PM |
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I'm not registered there, but we could do an outright bet here. If allowed ? The statement I want to bet on is that Bitcoin will go below 12.0 before midnight (GMT Standard Time) Sunday 19th. I will probably not make a huge bet, not much of a gambler these days. But if you quote me a bet price, I will consider to make a bet with you.
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BCB
CTG
VIP
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Activity: 1078
Merit: 1002
BCJ
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August 17, 2012, 07:24:43 PM |
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Can I put 10 BTC on that!
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TRUERELIGION
Newbie
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Activity: 9
Merit: 0
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August 17, 2012, 07:29:57 PM |
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so wait... sold at 14.75... went to the toilet, restarted my pc... 5 minutes later we're at 13.5.
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John (John K.)
Global Troll-buster and
Legendary
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Activity: 1288
Merit: 1227
Away on an extended break
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August 17, 2012, 07:30:45 PM |
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My time to buy!
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Herodes (OP)
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August 17, 2012, 07:39:06 PM |
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so wait... sold at 14.75... went to the toilet, restarted my pc... 5 minutes later we're at 13.5.
that's how it goes when you take a dump!
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notme
Legendary
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Activity: 1904
Merit: 1002
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August 17, 2012, 07:41:54 PM |
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so wait... sold at 14.75... went to the toilet, restarted my pc... 5 minutes later we're at 13.5.
Obviously you should buy now at 12.9 and 14% more bitcoin.
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fcmatt
Legendary
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Activity: 2072
Merit: 1001
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August 17, 2012, 07:43:41 PM |
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give it time. it takes time for a crash to sink in. wait until weds to buy back in if you sold.
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mjsbuddha
Sr. Member
Offline
Activity: 336
Merit: 250
yung lean
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August 17, 2012, 07:45:09 PM |
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Pirate unsurprisingly throwing in the towel. Investors getting back (?) their BTC, and naturally wants to cash out not only interests, but also their original investment due to the recent sharp increase in price. People who just recently bought in will panic and sell as well. Market will be very volatile for the coming days. Never attempted a prediction before, so let's just hope I'm wrong. volatility is great for me. when day trading volatility is what you want
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Herodes (OP)
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August 17, 2012, 08:01:32 PM |
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mtGox last says 11.87 now.
Seems like the prediction was correct. I didn't expect it to be this fast though.
Too late for any bets I am afraid..
Now, the question is, how far down will we go ? Some people have mentioned 9 as a floor.
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ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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August 17, 2012, 08:02:09 PM |
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Disagree. A move like that would mean the end of the rally since it would trigger several trend following trading rules to cash out.
Have I gone bull? IDK I'm not buying because I can't think straight, but I doubt we have seen the last of this bubble.
I was wrong. This is it.
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BitcoinINV
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August 17, 2012, 08:05:35 PM |
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Scratch that it should be before Now lol
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