Jaroslaw (OP)
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supernode
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April 28, 2013, 08:26:43 PM |
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Any predictions?
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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cbeast
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Let's talk governance, lipstick, and pigs.
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April 28, 2013, 08:31:28 PM |
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Unless there is another hype cycle, it looks like it will go below 100 this week.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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chriswilmer
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April 28, 2013, 08:50:52 PM |
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I think it will drop around negative 50 dollars. Might drop even more, maybe negative 80.
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liberty90
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April 28, 2013, 09:00:37 PM |
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Any predictions?
Prices will rise, not fall. Read more posts of rpietila. |
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anu
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RepuX - Enterprise Blockchain Protocol
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April 28, 2013, 09:07:32 PM |
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I think it will drop around negative 50 dollars. Might drop even more, maybe negative 80.
That's just the beginning. Then it'll go to (-80 -20j)$ |
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NamelessOne
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April 28, 2013, 09:14:32 PM |
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It climbed substantially last week, and climbed substantially the week before. We are higher now than we were 7 days ago, even after a correction that gave FUD makers some ammo.
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UltimateReaper
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April 28, 2013, 09:15:21 PM |
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What makes you think it's going to drop at all?  If it does drop, I suppose, 110 for the low end maybe, though 120 seems to be the current wall as people say. |
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Hawker
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April 28, 2013, 09:19:15 PM |
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I'm thinking it will hit $150 around Thursday (paychecks will clear making funds for the small traders) and then drop back next weekend. Hoping to sell midweek and then pick up a few extra Btc on the 5th.
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Missionary
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April 28, 2013, 09:21:35 PM |
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I assume that you are referring to the price of the dollar. I would say that you would most likely get about 150-175 of those dollars for each Bitcoin.
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I am an evangelical missionary heading to China. Donations are welcome here (dedicated wallet): 1H8iswayfTaRb6oe2WjMCRmchBJHYyfx9z You can find more information about my plans here: http://btcmission.com |
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Xer0
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April 28, 2013, 09:22:58 PM |
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I think it will drop around negative 50 dollars. Might drop even more, maybe negative 80. so we will have to pay if we want to sell them? and make profit by buying? |
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phoenix1
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April 28, 2013, 09:23:25 PM |
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We might end the week up, but I am sticking to my view that there will be more action at 120 first
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"Before you embark on a journey of revenge, dig two graves" - Confucius (China 551BC-479 BC)
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ZephramC
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April 28, 2013, 09:30:21 PM |
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I think it will drop around negative 50 dollars. Might drop even more, maybe negative 80.
I think imaginary (or complex in general) valuation is more probable than that. :-] |
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ElectricMucus
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Marketing manager - GO MP
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April 28, 2013, 10:16:04 PM |
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Any predictions?
Prices will rise, not fall. Read more posts of rpietila. haha nice.  |
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Miz4r
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April 28, 2013, 10:34:26 PM |
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Hard to predict what will happen, lots of people are preparing for a retest of 120 and sold (some of) their btc at 130-137 to time their new buy in point. If it rises tomorrow without going down first then things will become incredibly bullish because all these people who sold and expected a 120 retest will be jumping back on board to ride the train.  |
Bitcoin = Gold on steroids
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nimda
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April 28, 2013, 10:45:24 PM |
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I think we will test BTC0.00667 again this week.
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wachtwoord
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April 28, 2013, 10:47:15 PM |
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I think we will test BTC0.00667 again this week.
Wow BTC0.00667 per BTC? That's ~15000% profit per trade. |
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David M
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April 28, 2013, 10:49:24 PM |
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We haven't finished the last week yet
Weekly closes:
2013-03-25 : $92.19
2013-04-01 : $142.63
2013-04-08 : $93
2013-04-15 : $126.6
2013-04-22 : $128
*2013-04-29 : $133
This side ways action is awesome. Call it consolidation or stability but it bodes very well.
A "real" bull market grinds the bears to death with small gains each week. Which appears to be what is happening...
Every day the blockchain is operating without issue, bitcoin becomes more valuable.
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nimda
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April 28, 2013, 10:50:23 PM |
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I think we will test BTC0.00667 again this week.
Wow BTC0.00667 per BTC? That's ~15000% profit per trade. Oh I see, you want the price in USD. I'll rephrase: We'll be testing $0.15 this week. |
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YoYa
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April 28, 2013, 10:59:39 PM |
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Two things stuck with me in discussions lately: - You require an exponentially grown inflow of fiat to raise the price like what we saw at 266
- It's only been good news in fundamentals since the flash crash
I'm taking this to mean we are in a cool down period, there's no longer a rush to get cash in to the exchanges, and those getting ready to enter the market are behaving a bit more rationally and hoping for a lower entry point. To me, from what I can see, we're going to have sideways action in the 120 to 160 range if there is volatility, but if we don't see either dumps of btc or fiat, then we'll probably have a narrower trading range from 120 to 140. Steady as she goes Capt'n |
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chriswilmer
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April 28, 2013, 11:05:49 PM |
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- You require an exponentially grown inflow of fiat to raise the price like what we saw at 266
Not necessarily. If there is increased confidence in bitcoin by those who hold and mine them, such that they don't want to sell, the price will go up even with marginal inflow of fiat. We're all just collectively agreeing on price here, it could go to $10,000 tomorrow if there was (somehow) a consensus that that was the right price. |
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