Ekaros (OP)
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April 03, 2013, 02:44:36 PM |
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So, some of us think that this is an other bubble and it will not hold. So for those of you who agree on coming crash.
Where do you think we will end after the inevitable crash?
My personal guess would be around 20$... That is somewhat over the before, but under 30$ mark.
Too bad I don't have timeframe or can't offer anything much as price...
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Krabby
Sr. Member
Offline
Activity: 644
Merit: 250
https://primedao.eth.link/#/
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April 03, 2013, 02:45:15 PM |
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I've got 15 bitcoins in mt.gox at the moment, *gulp*.
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wopwop
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April 03, 2013, 02:45:29 PM |
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price is not a bubble
grow up
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alkhdaniel
Member
Offline
Activity: 114
Merit: 10
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April 03, 2013, 02:45:44 PM |
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$125.64
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mobodick
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April 03, 2013, 03:29:49 PM |
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So, some of us think that this is an other bubble and it will not hold. So for those of you who agree on coming crash.
Where do you think we will end after the inevitable crash?
My personal guess would be around 20$... That is somewhat over the before, but under 30$ mark.
Too bad I don't have timeframe or can't offer anything much as price...
First of all i don't think it has to actually crash, but i think it will kindof deflate over a period of a few months. Secondly i agree in general with your $20 but i'm not sure if the halfing of the reward changed the picture as this is the first real rally in this new situation. So i'd speculate that it may end up higher than $30, somewhere around $40 or so.
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BitcoinTate
Full Member
Offline
Activity: 224
Merit: 100
DigiByte Founder
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April 03, 2013, 03:34:01 PM |
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$170 by 9pm Mountain Time (12 hrs from now)
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- aka The "DigiMan"
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Ekaros (OP)
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April 03, 2013, 03:35:03 PM |
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So, some of us think that this is an other bubble and it will not hold. So for those of you who agree on coming crash.
Where do you think we will end after the inevitable crash?
My personal guess would be around 20$... That is somewhat over the before, but under 30$ mark.
Too bad I don't have timeframe or can't offer anything much as price...
First of all i don't think it has to actually crash, but i think it will kindof deflate over a period of a few months. Secondly i agree in general with your $20 but i'm not sure if the halfing of the reward changed the picture as this is the first real rally in this new situation. So i'd speculate that it may end up higher than $30, somewhere around $40 or so. I do find under 50$ reasonable estimate. Also slow lowering of value is one possibility. Maybe even better than crash.
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phantastisch
Legendary
Offline
Activity: 2270
Merit: 1363
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April 03, 2013, 03:35:16 PM |
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Guys if you want out i offer a 1 : 1 Exchange into Bytecoins
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mobodick
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April 03, 2013, 03:36:08 PM |
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price is not a bubble
grow up
LOL your so cute. Of course it is a bubble. It's the usual bitcoin tech bubble extravaganza. It would have to sustain the growth for most of this year to not wind down to at least $40-ish. Maybe you are confused by the exponential patterns in bitcoin price.
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ffernandex
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April 03, 2013, 03:36:17 PM |
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using this log char, see the 26 weeks average has served as support and resistance for the trend. As of today, this average is around 30$. But if the prices stays high for a few days, it may easily rise to 50$. This should work as support for any major correction.
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If you like my posts, feel free to donate! BTC: 1L1S4wG5TNJZSX9VG3vkk2er76YHihz3Kg
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SpontaneousDisorder
Member
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Activity: 87
Merit: 10
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April 03, 2013, 03:36:49 PM |
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>Stable price >bitcoin AHAHHAHAHAHHAHAHAHAHAHAHAHHH ahAHAHAHhahaHhaH *breath* AHAHHAHAHAHHAHAHAHAHAHAHAHHH ahAHAHAHhahaHhaH
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BitcoinTate
Full Member
Offline
Activity: 224
Merit: 100
DigiByte Founder
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April 03, 2013, 03:38:38 PM |
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using this log char, see the 26 weeks average has served as support and resistance for the trend. As of today, this average is around 30$. But if the prices stays high for a few days, it may easily rise to 50$. This should work as support for any major correction. Nice graph... did your two year old make it? lol j/k
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- aka The "DigiMan"
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Ekaros (OP)
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April 03, 2013, 03:39:36 PM |
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>Stable price >bitcoin AHAHHAHAHAHHAHAHAHAHAHAHAHHH ahAHAHAHhahaHhaH *breath* AHAHHAHAHAHHAHAHAHAHAHAHAHHH ahAHAHAHhahaHhaH Okay okay, short term stable price
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chiropteran
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April 03, 2013, 03:47:24 PM |
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The bubble will pop at $876. Initial crash will be down to $50, but immediate recovery and stability around $300. Very stable for 5-6 months around $290-320, and then the next growth spurt begins. $3000 bitcoins at the end of 2013.
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marhjan
Full Member
Offline
Activity: 215
Merit: 105
Poorer than I ought to be
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April 03, 2013, 03:48:49 PM |
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Initial crash down to around $8.50 or so - rebound to around $20-25USD for awhile and then slow climb back up. BTC is extremely overvalued right now, but there's no saying it can't goto $500+ before this bubble pops. I do believe in the long term future of btc but we've gotten WAY out in front of reality.
Full disclosure - I've been horribly wrong on price for sometime - I still think the crash is coming, HAS to come, but my level of certainity has dropped from nearly 100% to about 90% in this recent runup. If I finally become short term bullish it's time to sell for sure ;-)
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Donations happily accepted @ 15qxNsc7pBiz5kXpAJykw4etzMbZitm2mk
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BitcoinTate
Full Member
Offline
Activity: 224
Merit: 100
DigiByte Founder
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April 03, 2013, 03:51:40 PM |
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Initial crash down to around $8.50 or so - rebound to around $20-25USD for awhile and then slow climb back up. BTC is extremely overvalued right now, but there's no saying it can't goto $500+ before this bubble pops. I do believe in the long term future of btc but we've gotten WAY out in front of reality.
Full disclosure - I've been horribly wrong on price for sometime - I still think the crash is coming, HAS to come, but my level of certainity has dropped from nearly 100% to about 90% in this recent runup. If I finally become short term bullish it's time to sell for sure ;-)
Bahahaha! And what about the 10,000 new accounts still waiting to move cash in and buy some BTC? BTC could be at $5,000 by the end of the year.
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- aka The "DigiMan"
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farfiman
Legendary
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Activity: 1449
Merit: 1001
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April 03, 2013, 03:55:14 PM |
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If the price crashes to the 20-30 area- The media will have a ball and recovery will take a very long time.
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"We are just fools. We insanely believe that we can replace one politician with another and something will really change. The ONLY possible way to achieve change is to change the very system of how government functions. Until we are prepared to do that, suck it up for your future belongs to the madness and corruption of politicians." Martin Armstrong
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mobodick
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April 03, 2013, 03:55:25 PM |
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Initial crash down to around $8.50 or so - rebound to around $20-25USD for awhile and then slow climb back up. BTC is extremely overvalued right now, but there's no saying it can't goto $500+ before this bubble pops. I do believe in the long term future of btc but we've gotten WAY out in front of reality.
Full disclosure - I've been horribly wrong on price for sometime - I still think the crash is coming, HAS to come, but my level of certainity has dropped from nearly 100% to about 90% in this recent runup. If I finally become short term bullish it's time to sell for sure ;-)
There is no reason whatsoever to think the price will crash so low.
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mobodick
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April 03, 2013, 03:57:17 PM |
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Initial crash down to around $8.50 or so - rebound to around $20-25USD for awhile and then slow climb back up. BTC is extremely overvalued right now, but there's no saying it can't goto $500+ before this bubble pops. I do believe in the long term future of btc but we've gotten WAY out in front of reality.
Full disclosure - I've been horribly wrong on price for sometime - I still think the crash is coming, HAS to come, but my level of certainity has dropped from nearly 100% to about 90% in this recent runup. If I finally become short term bullish it's time to sell for sure ;-)
Bahahaha! And what about the 10,000 new accounts still waiting to move cash in and buy some BTC? BTC could be at $5,000 by the end of the year. You havent been around long, have you? Remember, don't bet with money you dont have.
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fabrizziop
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April 03, 2013, 03:58:55 PM |
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Initial crash down to around $8.50 or so - rebound to around $20-25USD for awhile and then slow climb back up. BTC is extremely overvalued right now, but there's no saying it can't goto $500+ before this bubble pops. I do believe in the long term future of btc but we've gotten WAY out in front of reality.
Full disclosure - I've been horribly wrong on price for sometime - I still think the crash is coming, HAS to come, but my level of certainity has dropped from nearly 100% to about 90% in this recent runup. If I finally become short term bullish it's time to sell for sure ;-)
There is no reason whatsoever to think the price will crash so low. Markets overshoot, like how we crashed from 31.9$ to just under 2$, to reach stability at 5$
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BitcoinTate
Full Member
Offline
Activity: 224
Merit: 100
DigiByte Founder
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April 03, 2013, 04:00:02 PM |
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Initial crash down to around $8.50 or so - rebound to around $20-25USD for awhile and then slow climb back up. BTC is extremely overvalued right now, but there's no saying it can't goto $500+ before this bubble pops. I do believe in the long term future of btc but we've gotten WAY out in front of reality.
Full disclosure - I've been horribly wrong on price for sometime - I still think the crash is coming, HAS to come, but my level of certainity has dropped from nearly 100% to about 90% in this recent runup. If I finally become short term bullish it's time to sell for sure ;-)
Bahahaha! And what about the 10,000 new accounts still waiting to move cash in and buy some BTC? BTC could be at $5,000 by the end of the year. You havent been around long, have you? Remember, don't bet with money you dont have. Long enough to see the writing on the wall... barring a government ban, natural disaster such as a giant meteor hitting the earth or some other massive calamity BTC has no where to go but up very rapidly.
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- aka The "DigiMan"
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chiropteran
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April 03, 2013, 04:16:24 PM |
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Initial crash down to around $8.50 or so - rebound to around $20-25USD for awhile and then slow climb back up. BTC is extremely overvalued right now, but there's no saying it can't goto $500+ before this bubble pops. I do believe in the long term future of btc but we've gotten WAY out in front of reality.
Full disclosure - I've been horribly wrong on price for sometime - I still think the crash is coming, HAS to come, but my level of certainity has dropped from nearly 100% to about 90% in this recent runup. If I finally become short term bullish it's time to sell for sure ;-)
There is no reason whatsoever to think the price will crash so low. Markets overshoot, like how we crashed from 31.9$ to just under 2$, to reach stability at 5$ The June 2011 bubble started at $.50, and then crashed down to $2 and was eventually stable at $5 If this bubble follows the same pattern, it started at $20 and will crash down to $80 and stabilize at $200. There is no reason to think the value will crash below the pre-bubble level.
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BitcoinTate
Full Member
Offline
Activity: 224
Merit: 100
DigiByte Founder
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April 03, 2013, 04:29:25 PM |
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Initial crash down to around $8.50 or so - rebound to around $20-25USD for awhile and then slow climb back up. BTC is extremely overvalued right now, but there's no saying it can't goto $500+ before this bubble pops. I do believe in the long term future of btc but we've gotten WAY out in front of reality.
Full disclosure - I've been horribly wrong on price for sometime - I still think the crash is coming, HAS to come, but my level of certainity has dropped from nearly 100% to about 90% in this recent runup. If I finally become short term bullish it's time to sell for sure ;-)
There is no reason whatsoever to think the price will crash so low. Markets overshoot, like how we crashed from 31.9$ to just under 2$, to reach stability at 5$ The June 2011 bubble started at $.50, and then crashed down to $2 and was eventually stable at $5 If this bubble follows the same pattern, it started at $20 and will crash down to $80 and stabilize at $200. There is no reason to think the value will crash below the pre-bubble level. There is no way the value will crash below pre-bubble level.
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- aka The "DigiMan"
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mobodick
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April 03, 2013, 04:37:40 PM |
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Initial crash down to around $8.50 or so - rebound to around $20-25USD for awhile and then slow climb back up. BTC is extremely overvalued right now, but there's no saying it can't goto $500+ before this bubble pops. I do believe in the long term future of btc but we've gotten WAY out in front of reality.
Full disclosure - I've been horribly wrong on price for sometime - I still think the crash is coming, HAS to come, but my level of certainity has dropped from nearly 100% to about 90% in this recent runup. If I finally become short term bullish it's time to sell for sure ;-)
There is no reason whatsoever to think the price will crash so low. Markets overshoot, like how we crashed from 31.9$ to just under 2$, to reach stability at 5$ The June 2011 bubble started at $.50, and then crashed down to $2 and was eventually stable at $5 If this bubble follows the same pattern, it started at $20 and will crash down to $80 and stabilize at $200. There is no reason to think the value will crash below the pre-bubble level. There is no way the value will crash below pre-bubble level. The pre-bubble price was around $12 tho and started its rise in the first week of this year.
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Qoheleth
Legendary
Offline
Activity: 960
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Spurn wild goose chases. Seek that which endures.
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April 03, 2013, 04:59:37 PM |
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Tentative floor of somewhere between $13 and $5, based on two factors: - The first crash's final "New Paradigm" -> "Despair" gap was something like 17x; looking at current prices, any peak < $220, if it falls a similar distance, will end up between the two numbers.
- $5 was the last place we saw long-term stability, and will represent a major psychological rock for people vis a vis BTC's "true value". $13 was semi-stable, but for a shorter time and with greater variation.
This is all spitball, of course. If I really knew where BTC would end up - or when the crash will occur - or even that there will be a crash at all - I'd be trading on my belief instead of yapping about it on a forum.
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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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BitcoinTate
Full Member
Offline
Activity: 224
Merit: 100
DigiByte Founder
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April 03, 2013, 05:01:29 PM |
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Tentative floor of somewhere between $13 and $5, based on two factors: - The first crash's final "New Paradigm" -> "Despair" gap was something like 17x; looking at current prices, any peak < $220, if it falls a similar distance, will end up between the two numbers.
- $5 was the last place we saw long-term stability, and will represent a major psychological rock for people vis a vis BTC's "true value". $13 was semi-stable, but for a shorter time and with greater variation.
This is all spitball, of course. If I really knew where BTC would end up - or when the crash will occur - or even that there will be a crash at all - I'd be trading on my belief instead of yapping about it on a forum. Lol I have been wondering where all the bears have been hiding the past couple days
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- aka The "DigiMan"
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