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Question: Do you honestly think that Bitcoin will not drop below $60 for a extended period of time
Yes - 31 (53.4%)
No - 27 (46.6%)
Total Voters: 58

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Author Topic: Do you honestly think that Bitcoin will not drop below $60  (Read 1171 times)
drawingthesun
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March 22, 2013, 06:14:14 AM
 #1

Say Yes if you expect Bitcoin to crash below $60 and sit there for a long period of time (Weeks)

EDIT:
Say Yes if you expect Bitcoin to NOT crash below $60 and sit there for a long period of time (Weeks)
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BitPirate
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March 22, 2013, 06:18:38 AM
 #2

Is this a trap???

First you ask "do you honestly think that bitcoin will not drop" Yes/No

Then you say "Vote Yes if you think it will".

Anyway... Yes, I do not think Bitcoin will drop below $60.

Yes, I honestly believe that.

trogdorjw73
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March 22, 2013, 06:18:58 AM
 #3

Say Yes if you expect Bitcoin to crash below $60 and sit there for a long period of time (Weeks)
Methinks you've got that backwards. "Do you honestly think that Bitcoin will not drop below $60?" If I say "yes", then I'm saying "I honestly think Bitcoin will not drop below $60." "No" means "I don't honestly think Bitcoin won't drop below $60." That's of course a double negative, so in other words "no" is "I think Bitcoin with drop below $60." I voted "no", but the question is: WHEN will it drop below $60 and for how long?

drawingthesun
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March 22, 2013, 06:22:51 AM
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Say Yes if you expect Bitcoin to crash below $60 and sit there for a long period of time (Weeks)
Methinks you've got that backwards. "Do you honestly think that Bitcoin will not drop below $60?" If I say "yes", then I'm saying "I honestly think Bitcoin will not drop below $60." "No" means "I don't honestly think Bitcoin won't drop below $60." That's of course a double negative, so in other words "no" is "I think Bitcoin with drop below $60." I voted "no", but the question is: WHEN will it drop below $60 and for how long?

That's what you get for multi-tasking study and Bitcoin craziness. Cheers
drawingthesun
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March 22, 2013, 06:24:39 AM
 #5

I personally hope it drops below $60 for a amount of time I can take advantage of, but honestly if nothing breaks the fundamentals Bitcoin might never truly drop below even $100. Double digits might still be a blessing.
proudhon
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March 22, 2013, 08:28:30 AM
 #6

Of course it'll go below $60, far below.
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March 22, 2013, 08:37:22 AM
 #7

Is(n't) ~1.5 to 4 hours an extended period of time for you?  Cheesy

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March 22, 2013, 08:38:55 AM
 #8

Of course it'll go below $60, far below.
You forgot to add "single digits!"
bonker
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March 22, 2013, 08:41:11 AM
 #9

I would expect the price to drop below $60.. we're in "irrational exuberance" mode right now. The panic buyers will start to ponder their wisdom. Also as soon as it looks like a top people are going to want to take profits.

It'll cool down until the next banking shock

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phlogistonq
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March 22, 2013, 08:54:26 AM
 #10

I don't think it'll drop below 60 for any extended periods of time.

People have seen now that Bitcoin will rise again. As soon as the price drops, large amounts of people that were cursing themselves for being too late will recognize a great opportunity, a second chance,  and step in and seize the moment to join the fun.
Wekkel
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March 22, 2013, 09:23:24 AM
 #11

There is no 'low' for Bitcoin.

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