zby (OP)
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April 16, 2013, 12:19:32 PM |
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Just to see the sentiment on this forum.
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deadweasel
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April 16, 2013, 12:23:22 PM |
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Just to see the sentiment on this forum.
No. My sentiment ( I have no actual knowledge) is that we will see oscillations b/w 50 and 70 until 50 gives way and we see 29 briefly again. Then some stability into the mid 30's. Then, another bubble! Weeeee! Ride the bitcoin ride! |
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Meman
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April 16, 2013, 12:29:05 PM |
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I don't know. There is alot of buying @50, but there also is a strong movement down.
Wild guess: Price will bottom out somewhere between 20-50$ this year.
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Wuji
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April 16, 2013, 12:30:25 PM |
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I said No but I've bought some. It was only a fraction of what I sold. I do not think this is the end for Bitcoin. I think that would only come if those using it were able to move to something else. However, actual value maybe very very low as usage seems to be much lower now from what I hear about inventories. It sucks there is no possible way to do a P/V ratio price/value.
It looks like a slow spiral down again and then a very slow rise again like all other Bitcoin busts. I think it will take months or probably over a year before new people get excited or existing people get amnesia. What is funny is these polls when they show over 50% of people here are bulls. And then after we see huge drops in price. I think that proves the real money in Bitcoin are investors too busy to mess with this forum. Most those here saying it is going to go up forever probably have no real money to invest.
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zby (OP)
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April 16, 2013, 12:31:37 PM |
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I think this might have been bottom - but not the end of correction - I expect a crazy rollercoaster of a triangle.
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Brushan
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April 16, 2013, 12:32:51 PM |
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I had no idea and damn those poll results made me even more insecure.
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fabrizziop
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April 16, 2013, 12:35:09 PM |
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I think the bottom of this correction will be 32$, as the rally was a bit rational before we broke the old ATH.
However, if we break with lots of volume 31.9099$, I think we could see single digits briefly(specially if gox lags an hour) before going back to ~20$
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proudhon
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April 16, 2013, 12:36:14 PM |
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Looks like $50 will be the bottom.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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fabrizziop
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April 16, 2013, 12:39:36 PM |
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Looks like $50 will be the bottom.
WOW, do we have a bullish proudhon here?! |
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Brushan
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April 16, 2013, 12:41:04 PM |
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Looks like $50 will be the bottom.
WOW, do we have a bullish proudhon here?! Bullish in a bear market and bearish in a bull market  |
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Meman
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April 16, 2013, 12:44:10 PM |
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Buy@50$ and Sell@83$ have round about the same market depth (~32000 Bitcoins)
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ehoffman
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April 16, 2013, 12:44:35 PM |
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Looks like $50 will be the bottom.
WOW, do we have a bullish proudhon here?! Bullish in a bear market and bearish in a bull market proudhon said so... Damn, BTC 25$ in a few hours   |
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fabrizziop
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April 16, 2013, 12:46:02 PM |
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Looks like $50 will be the bottom.
WOW, do we have a bullish proudhon here?! Bullish in a bear market and bearish in a bull market Looks like $50 will be the bottom.
WOW, do we have a bullish proudhon here?! Bullish in a bear market and bearish in a bull market proudhon said so... Damn, BTC 25$ in a few hours I think he loves being wrong for a long period of time to be eventually right. Like they say, a broken clock gives the right time twice a day. |
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freequant
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April 16, 2013, 12:50:43 PM |
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Looks like $50 will be the bottom.
OMG, Proudhon optimist? This really must be the bottom of the bottom people. |
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zby (OP)
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April 16, 2013, 01:20:19 PM |
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Previous bottom:  Looks similar - but in a different scale. |
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Rampion
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April 16, 2013, 01:25:40 PM |
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Just to see the sentiment on this forum.
No. My sentiment ( I have no actual knowledge) is that we will see oscillations b/w 50 and 70 until 50 gives way and we see 29 briefly again. Then some stability into the mid 30's. Then, another bubble! Weeeee! Ride the bitcoin ride! That's pretty reasonable, I'm sure a lot of people here would agree with you. |
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aop
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April 16, 2013, 01:42:03 PM |
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How many Bitcoins are created per day? Is the number still 3600? If so the Bitcoin market still needs $200k+ of new money everyday just to keep Bitcoin stable at current price point.
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Rampion
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April 16, 2013, 01:44:52 PM |
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I'm very puzzled by the fact that Proudhon has now become a bull.
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Meman
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April 16, 2013, 01:50:56 PM |
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How many Bitcoins are created per day? Is the number still 3600? If so the Bitcoin market still needs $200k+ of new money everyday just to keep Bitcoin stable at current price point.
How do you want to know, if all those mined coins are sold? The miners may simply keep them. |
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zby (OP)
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April 16, 2013, 01:54:51 PM |
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Current results:
yes - I am fully (back) in BTC - 17 (19.1%)
yes - but I wait for confirmation - 14 (15.7%)
I don't know - 19 (21.3%)
no - but I've bought some - 7 (7.9%)
no - 32 (36%)
Total Voters: 89
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Poll
