[POLL] New all time high next week?

[Beta-coiner1]

I believe strongly that one should be bullish this week.It would simply because of the 20% tax on high yield deposits in Cyprus and a good majority of those are from Russian Oligarchs.I believe the Cyprus Government is currently limiting withdrawals so how do you suppose they would get over that ?

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[mintymark]

They take the hit, they don't have much choice, grumble loudly, and then make sure that they never, ever let any money anywhere near a Cyprus bank again. The banks will then collapse and anyone who did not get their money out at the first chance will then lose what was left.

Many will decide never to let their major capital within smelling distance of any bank again ever. They will use shares, gold, and yes, of course, Bitcoin.  It seems to me that many governments here have fundamentally misunderstood the deal between a bank customer and the bank, and I for one will never put significant money in banks again.

I think all involved (and I am not) will feel this very strongly.

[naima53]

I believe strongly that one should be bullish this week.It would simply because of the 20% tax on high yield deposits in Cyprus and a good majority of those are from Russian Oligarchs.I believe the Cyprus Government is currently limiting withdrawals so how do you suppose they would get over that ?

I think that there may be revenge by the Russian. (per Cyprus) They (individual oligarchs) can buy a large amount Bitcoin and issue an official report about it in the news. They accuse the EU in the Cyprus problem. The hostages were their money. (The existing news release - a frightening measure IMHO, a warning). So it will be a blow to the heart of the enemy though.  

[Frequency]

Yes

because of this,

https://bitcointalk.org/index.php?topic=157453.0


Also intesting,

http://www.reddit.com/r/Bitcoin/comments/1ax104/just_checked_the_queue_there_are_5500_accounts/

[Beta-coiner1]

Yes

because of this,

https://bitcointalk.org/index.php?topic=157453.0


Also intesting,

http://www.reddit.com/r/Bitcoin/comments/1ax104/just_checked_the_queue_there_are_5500_accounts/

Interesting stuff,When I was listening to the news about the Cyprus debacle it mentioned that there were ~10,000 accounts over 100,000 that could possibly be taxed.The most interesting thing about the news report is that it was mentioned 1/2 of those are believed to be wealthy Russian individuals.

[Bitobsessed]

If the data from this poll mean anything, it's that when the $/BTC begins to crash, there will be many optimists to buy it all back.

At first, probably yes. However, sentiment can turn from bullish to bearish pretty fast from what I've seen

Nobody was actually bearish during the crash, as in, "This will end the rally."  People sold to buy back lower, and they clearly did, because we're at $70 now.

There were others that simply got liquidated.

[Aztec]

I'll be surprised if $75 isn't breached on Monday or Tuesday at the latest.

I know this can change but there's 'only' 12417 BTC in asks right now to get to $75 and wires will start clearing in Japanese banks in 8 or 9 hours time.

I'm with you on this. I think Monday is going to see $76 per coin.

[smoothie]

After massive growth this week, and a hefty weekend dip, do you believe we'll keep going up next week? Or is it time to consolidate or go downwards?

Down

You are pretty much by yourself proudhon right now. But that's okay you can buy back when we fall to $150 from $200.  

[Frequency]

Yes

because of this,

https://bitcointalk.org/index.php?topic=157453.0


Also intesting,

http://www.reddit.com/r/Bitcoin/comments/1ax104/just_checked_the_queue_there_are_5500_accounts/

Interesting stuff,When I was listening to the news about the Cyprus debacle it mentioned that there were ~10,000 accounts over 100,000 that could possibly be taxed.The most interesting thing about the news report is that it was mentioned 1/2 of those are believed to be wealthy Russian individuals.

Yep, the Russians are there with a lot of billions that's a fact...
Cyprus gov. went for help in Russia but they refused help.
I think next week will be one of the intresting times we will see this year and i feel sorry for the "normal" hard working people of Cyprus who put there faith in there (EU) government..

[naima53]

Perhaps such a large number of accounts for approval is owned by the people who want to cash out fiat of the  Gox. This bearish news. "Sell ​​on the news."