Spekulatius
Legendary
 Offline
Activity: 1022
Merit: 1000
|
 |
August 18, 2012, 11:24:42 PM
Last edit: August 18, 2012, 11:39:56 PM by Spekulatius |
|
Here is my prediction:
Pirate will start to refund some tier 1 lenders (e.g. PPT owners) first to spread the good word which will then refund their lenders over some days to come --> New updates on the refunding process trickle in over some days with minimum work load for Pirate himself.
He will continue to refund lenders over the whole week, but less and less as time progresses.
The news on Monday will probably incite further selling, because of the expected dump of repayed lenders.
If he wants to buy back bitcoin his is short of, he will then do it amidst the plummeting.
By the end of the week price will recover for people realising that most lenders have already been repayed and have dumped or because Pirate ran off with a significant amount of BTC that wont hit the market any time soon.
In short: First DOWN than UP! (over the whole week)
|
|
|
|
|
|
|
|
|
|
|
|
If you see garbage posts (off-topic, trolling, spam, no point, etc.), use the "report to moderator" links. All reports are investigated, though you will rarely be contacted about your reports.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
|
|
August 19, 2012, 12:21:32 AM |
|
Black Monday with a drop and a roller coaster throughout the week.
I could see it falling to around 8 or 9.
It will likely go back to stability once it is cleared up in a week or two.
|
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
|
|
|
sadpandatech
|
|
August 19, 2012, 12:23:22 AM |
|
Monday, London AM; A bunch of players who could give 2 shits about Pirate, FUD, this forum for that matter, will have deposits clear and business will continue as usual....
|
If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system.
- GA
It is being worked on by smart people. -DamienBlack
|
|
|
|
Vladimir
|
|
August 19, 2012, 12:26:15 AM |
|
The poll chart above is showing you all the finger right now.
|
-
|
|
|
ArticMine
Legendary
Offline
Activity: 2282
Merit: 1050
Monero Core Team
|
|
August 19, 2012, 12:40:42 AM |
|
Here is my prediction:
Pirate will start to refund some tier 1 lenders (e.g. PPT owners) first to spread the good word which will then refund their lenders over some days to come --> New updates on the refunding process trickle in over some days with minimum work load for Pirate himself.
He will continue to refund lenders over the whole week, but less and less as time progresses.
The news on Monday will probably incite further selling, because of the expected dump of repayed lenders.
If he wants to buy back bitcoin his is short of, he will then do it amidst the plummeting.
By the end of the week price will recover for people realising that most lenders have already been repayed and have dumped or because Pirate ran off with a significant amount of BTC that wont hit the market any time soon.
In short: First DOWN than UP! (over the whole week)
I would tend to agree; however I would expect pirate to close accounts in reverse order with his most trusted tier 1 lenders last. First of all this would be consistent with how pirate has done business and secondly if pirate is short and needs to buy additional BTC in the market it would make economic sense to pay off the weakest lenders first since they are the most likely to panic and sell thereby lowering his costs and increasing his profit. |
|
|
|
bitcon
Legendary
Offline
Activity: 2212
Merit: 1008
|
|
August 19, 2012, 12:46:32 AM |
|
fools and their bitcoins are easily parted.
|
|
|
|
|
|
ruski (OP)
|
|
August 19, 2012, 01:45:49 AM |
|
FYI, I made it so y'all can change your votes if you want.  With the sell side so very very thin and my own belief that there aint noone getting an early christmas present of 1kk BTC, I can't see it going anywhere but a hard spike up now. Am I in denial? |
|
|
|
|
420
|
|
August 19, 2012, 09:05:35 AM
Last edit: August 19, 2012, 10:08:03 AM by 420 |
|
The poll chart above is showing you all the finger right now.
except the thumb is on the wrong side What is the saying there, "Okay" ? and she was cuter IN the hunger games w/ brown hair |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
|
|
|
bitcon
Legendary
Offline
Activity: 2212
Merit: 1008
|
|
August 19, 2012, 11:40:44 AM |
|
when asked what she feeds her horses she replied "oat hay"
|
|
|
|
|
|
420
|
|
August 19, 2012, 11:44:28 AM |
|
when asked what she feeds her horses she replied "oat hay"
without makeup:  |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
|
|
|
|
ruski (OP)
|
|
August 19, 2012, 11:45:17 AM |
|
when asked what she feeds her horses she replied "oat hay"
without makeup: I prefer the one on the left! |
|
|
|
elux
Legendary
Offline
Activity: 1458
Merit: 1006
|
|
August 19, 2012, 11:48:31 AM |
|
Monday doesn't matter, we'll be at $8 before Sunday evening. Please take your girl talk elsewhere. 8.90 just now, and falling. |
|
|
|
|
anu
Legendary
Offline
Activity: 1218
Merit: 1001
RepuX - Enterprise Blockchain Protocol
|
|
August 19, 2012, 12:28:49 PM |
|
fools and their bitcoins are easily parted.
The good news for me is that there are even greater fools  |
|
|
|
|
ruski (OP)
|
|
August 19, 2012, 12:34:03 PM |
|
Monday doesn't matter, we'll be at $8 before Sunday evening. Please take your girl talk elsewhere. 8.90 just now, and falling. I'll talk about girls wherever I want. 9.64 now, and rising! Just when I sold!  |
|
|
|
bitcon
Legendary
Offline
Activity: 2212
Merit: 1008
|
|
August 19, 2012, 12:48:55 PM |
|
the panic sellers on the west coast are still asleep . wouldn't be surprised to see it hit $7 today.
|
|
|
|
|
misterbigg
Legendary
Offline
Activity: 1064
Merit: 1001
|
|
August 19, 2012, 01:08:21 PM |
|
Down $1 to $4 over the weekend with an $8 floor, then a rise to around $10 during the week and then we will resume upward growth but it will be around half the rate of what we've seen in the last 2 months. Yep and so far things are proceeding EXACTLY as I said. Do we need another Jennifer Lawrence GIF? |
|
|
|
|
|
ruski (OP)
|
|
August 19, 2012, 01:10:45 PM |
|
Down $1 to $4 over the weekend with an $8 floor, then a rise to around $10 during the week and then we will resume upward growth but it will be around half the rate of what we've seen in the last 2 months. Yep and so far things are proceeding EXACTLY as I said. Do we need another Jennifer Lawrence GIF?  |
|
|
|
anu
Legendary
Offline
Activity: 1218
Merit: 1001
RepuX - Enterprise Blockchain Protocol
|
|
August 19, 2012, 01:23:43 PM |
|
the panic sellers on the west coast are still asleep . wouldn't be surprised to see it hit $7 today.
Por favor! Let some Bitcoin move to good old Europe before Mario Draghi starts to print money in earnest. |
|
|
|
|
420
|
|
August 19, 2012, 02:01:16 PM |
|
when asked what she feeds her horses she replied "oat hay"
without makeup: I prefer the one on the left! i actually do too. if she wasn't squinting in the sun i'd feel more like kissing her |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
|
|
|
|
420
|
|
August 19, 2012, 02:02:00 PM |
|
Monday doesn't matter, we'll be at $8 before Sunday evening. Please take your girl talk elsewhere. 8.90 just now, and falling rising |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
|
|
|
|
Poll
