wobber (OP)
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Activity: 1064
Merit: 1001
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April 20, 2013, 07:12:49 PM |
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56 days until then.
What kind of power, action or event would be needed for that?
- more European economic problems, Cyprus-like: Spain, Portugal, Greece.
- more mainstream news about bitcoin
- more big "investors"
- more options to buy with, exchanges, apps, games etc
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Jaroslaw
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Activity: 84
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supernode
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April 20, 2013, 07:14:40 PM |
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5$ bitcoin by mid-July What we need ? shootdown mtgox and freezing all his accounts and bitcoins  |
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Kazu
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April 20, 2013, 07:15:36 PM |
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5$ bitcoin by mid-July What we need ? shootdown mtgox and freezing all his accounts and bitcoins That would raise the price -.- |
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gizmoh
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Activity: 1428
Merit: 1000
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April 20, 2013, 07:38:37 PM |
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5$ bitcoin by mid-July What we need ? shootdown mtgox and freezing all his accounts and bitcoins That would raise the price -.- With no more incoming fiat to pump the price, This will be the end of bitcoin speculation "lets make it to the sky to make tons of fiat money". |
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ElectricMucus
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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April 20, 2013, 07:41:44 PM |
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56 days until then.
What kind of power, action or event would be needed for that?
Nibiru hitting earth. |
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Kazu
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April 20, 2013, 07:43:07 PM |
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5$ bitcoin by mid-July What we need ? shootdown mtgox and freezing all his accounts and bitcoins That would raise the price -.- With no more incoming fiat to pump the price, This will be the end of bitcoin speculation "lets make it to the sky to make tons of fiat money". How would there be no more incoming fiat to pump the price? The government would have essentially just killed the exchange that crashed the price 2 times now, removed a ton of supply of bitcoin, specifically those bitcoins that were about to be sold. So wtf? Other exchanges would just come if they didn't have to compete with the gigantic goxxian market depth. |
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Photonfrog
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Activity: 28
Merit: 0
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April 20, 2013, 07:46:33 PM |
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If those who sold coins during the bubble popping episode were stimulated into buying their coins back we'd get quite a distance towards a 500 usd evaluation without any other particular event happening. They will possibly be stimulated by a lack of additional crashes  |
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wobber (OP)
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Activity: 1064
Merit: 1001
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April 20, 2013, 07:59:48 PM |
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I remember in 2011 many said that bitcoin is doomed. As long as my friend Toby from US will still mine (he said he will do it just to his heat home and give me coins for a beer if price drops lower than parity) and as long as me and my other friend Mike will use BTC as whatever price to settle debt or pay each other, you can crash bitcoin hard, cause we will crawl.
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Zaih
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April 20, 2013, 08:33:50 PM |
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Brave! Very brave
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MatTheCat
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April 20, 2013, 09:27:01 PM |
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56 days until then.
What kind of power, action or event would be needed for that?
- more European economic problems, Cyprus-like: Spain, Portugal, Greece.
- more mainstream news about bitcoin
- more big "investors"
- more options to buy with, exchanges, apps, games etc
This reminds me of all the $500 Silver proclamations from way back in 2008. What, with silver's mass of industrial uses for which their is no alternative metal (except for gold), and the fact that available Silver has become rarer than available gold, it all sounded well n good in theory. Never quite got their though did it. Peaking at $50 in a parabolic rise mid 2011, and now sitting at around $23. Seems that all the complexities of the real market place combined with the activities of those who seek to control the whole system, render the 1+1=2 'crusoe economics' totally futile as a means of predicting the future. |
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wobber (OP)
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Activity: 1064
Merit: 1001
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April 20, 2013, 10:24:14 PM |
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By the way, seems silver will go really down, maybe to 15$ an ounce... this year. Which might shake the stocks as well.
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MatTheCat
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April 20, 2013, 10:31:16 PM |
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By the way, seems silver will go really down, maybe to 15$ an ounce... this year. Which might shake the stocks as well.
If there is any widespread deflationary event, then watch Bitcoin (99.5% speculative capital) crash and burn. This is something that is so very obvious and with a high likelihood of occurring in the near future, yet nobody here seems to want to even consider the issue. |
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BTC Books
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Activity: 84
Merit: 10
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April 20, 2013, 10:35:01 PM |
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By the way, seems silver will go really down, maybe to 15$ an ounce... this year. Which might shake the stocks as well.
If there is any widespread deflationary event, then watch Bitcoin (99.5% speculative capital) crash and burn. This is something that is so very obvious and with a high likelihood of occurring in the near future, yet nobody here seems to want to even consider the issue. So you're saying that if a major, world-wide store of value (silver) crashes and burns; bitcoin - another, but appreciating, store of value - will plummet as well? Interesting. |
Dankedan: price seems low, time to sell I think...
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wachtwoord
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Activity: 2324
Merit: 1125
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April 20, 2013, 10:35:13 PM |
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By the way, seems silver will go really down, maybe to 15$ an ounce... this year. Which might shake the stocks as well.
If there is any widespread deflationary event, then watch Bitcoin (99.5% speculative capital) crash and burn. This is something that is so very obvious and with a high likelihood of occurring in the near future, yet nobody here seems to want to even consider the issue. There cannot be any deflation. The printing presses are running like never before. |
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afbitcoins
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Activity: 2100
Merit: 1061
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April 20, 2013, 10:35:48 PM |
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Brave call, I'm slightly concerned this bull move could be a dead cat bounce in which price may end up nearer $50 than $500
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wobber (OP)
Legendary
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Activity: 1064
Merit: 1001
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April 20, 2013, 10:43:52 PM |
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By the way, seems silver will go really down, maybe to 15$ an ounce... this year. Which might shake the stocks as well.
If there is any widespread deflationary event, then watch Bitcoin (99.5% speculative capital) crash and burn. This is something that is so very obvious and with a high likelihood of occurring in the near future, yet nobody here seems to want to even consider the issue. Bitcoin at any lower than $5 will trigger the geeks to buy. Now it's more widespread than ever so it won't be like 2011. Any geek wants at least 2 coins |
If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
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neilcoleman78
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Activity: 34
Merit: 0
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April 20, 2013, 10:48:20 PM |
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What we need is to price to recover to a new all time high. That way we would be half way there, plus the media coverage about some bitcoin project that resurrected after 80% drop in xx days  |
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wobber (OP)
Legendary
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Activity: 1064
Merit: 1001
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April 20, 2013, 10:55:12 PM |
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What we need is to price to recover to a new all time high. That way we would be half way there, plus the media coverage about some bitcoin project that resurrected after 80% drop in xx days Exactly. I'd add, slowly, sanely recover. Then maybe rally to 500s |
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BubbleBoy
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April 20, 2013, 11:04:14 PM |
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A new bubble can happen now (next weeks) or after a few more years. Not in July. Once the euphoria and the media frenzy dies off, there are no more dumb money entering the system, so a long term bear market will follow. For self-sustained 500$ you really need massive visibility, greed and willful ignorance from many people; so something massive must happen now to reignite the bubble, or never. |
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Xiaoma
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April 20, 2013, 11:30:58 PM |
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Brave call, I'm slightly concerned this bull move could be a dead cat bounce in which price may end up nearer $50 than $500
I wish... LOL then I would but back all the coins I sold and many more...  I'm not going to buy anything over $100, may end up losing lots of money. |
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