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Bitcoin Forum > Economy > Economics > Speculation > Will the tide turn? Or are we going to $60? Tune in tonight!
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Question: Starting tonight, 3/10/13, and going into Monday, 3/11/13, what will the BTC price do?
Push $60 - 28 (16.2%)
Break right on through $50 - 53 (30.6%)
Stagnate - 61 (35.3%)
Fall to $40 - 14 (8.1%)
Fall lower than $40 - 17 (9.8%)
Total Voters: 173

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Author Topic: Will the tide turn? Or are we going to $60? Tune in tonight!  (Read 3636 times)
zkay (OP)
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March 11, 2013, 06:44:35 PM
 #21
Price is pretty stagnant so far. We'll see what happens in the next few hours!
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March 11, 2013, 10:09:52 PM
 #22
hehe like you i made many value with bitcoin together we become more rich because bitcoin value go to 1000$ this year you are right about that zkay Smiley thank to holding bitcoin money of the future and wealth for all of us holding more will come to buy rais evalue of our bitcoin Smiley

good call zkay and may you become super rich like you hope to be with bitcoin Smiley
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March 11, 2013, 10:15:28 PM
 #23
Quote from: bitlybit on March 11, 2013, 10:09:52 PM
hehe like you i made many value with bitcoin together we become more rich because bitcoin value go to 1000$ this year you are right about that zkay Smiley thank to holding bitcoin money of the future and wealth for all of us holding more will come to buy rais evalue of our bitcoin Smiley

good call zkay and may you become super rich like you hope to be with bitcoin Smiley

https://bitcointalk.org/index.php?topic=148949.msg1583917#msg1583917

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zkay (OP)
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March 13, 2013, 05:15:49 AM
 #24
Wanted to congratulate our voters for stagnate and fall below $40, you were all right! Nice work!
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March 13, 2013, 02:31:41 PM
 #25
Quote from: SkRRJyTC on March 11, 2013, 05:51:48 PM
Quote from: Qoheleth on March 11, 2013, 05:49:14 PM
Quote from: Ichthyo on March 11, 2013, 04:04:19 AM
right now, any remotely "sane" USD loans are taken at Bitfinex, leaving only loans over 800% APY.
Heh. Sorry I ran out - only got so many dollars on hand to pass out to starry-eyed dreamers. Hard to get more into Bitfinex without either eating wire fees or taking the slow boat through Dwolla and Gox.

I'll see if I can get more money in before the current optimism dries up, eh?

I cant wait for a downtrend so I can lend BTC Smiley

Why would you need to wait for a downtrend?
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March 13, 2013, 04:25:49 PM
 #26
Quote from: steamboat on March 13, 2013, 02:31:41 PM
Why would you need to wait for a downtrend?
There's very little short volume right now for whatever reason. There's plenty of offers to loan out BTC on Bitfinex right now, but nobody is biting.
If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the prevalence of users convinced that BTC is a magic box that will turn them into millionaires, and of the con-artists who have followed them here to devour them.
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March 13, 2013, 05:17:31 PM
 #27
Quote from: Ichthyo on March 11, 2013, 04:04:19 AM
right now, any remotely "sane" USD loans are taken at Bitfinex...
Quote from: Qoheleth on March 11, 2013, 05:49:14 PM
I'll see if I can get more money in before the current optimism dries up, eh?

Quote from: SkRRJyTC on March 11, 2013, 05:51:48 PM
I cant wait for a downtrend so I can lend BTC Smiley

So why don't you sell off part of your BTC at the integrated exchange and lend them out as USD?

The nice thing with this lending business is that it gives you a constant small revenue every day. The downside is that, whenever the lending becomes really profitable, you could make way more by day trading, by going with and only slightly against the predominant market movement. So basically it boils down to taking low risks == lending, taking high risks == day trading.

But in both cases its not a good idea to fight the current market sentiment. Since the sentiment is (still) rather bullish right now, you'll make more money by lending USD
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