Confess double digit believers

[Salivan]

Who  still believe double digit are  feasible? State a reason of  your  position( but please no f*g charts ).
Do you intend to jump back on wagon  if  we  don't  see it never  again , or you just let it pass and  be gone forever.

By double digit   mean  long period of  time when  price is below  let say  90 $.

We all know that flash crash to  90-80 $ and  rebound could happened any  time so this  doesn't count.

[1715495824]

1715495824

[Zaih]

Whilst I'm definitely bullish, it's obviously very likely we'll see double digits again. Bitcoin fluctuates so much, it'd be stupid to say we've past that time. All it's going to take is some 'bad news' and we'll lose 30%+ overnight. In the long run though, I think we're looking at 4 figures not 2

[notme]

Whilst I'm definitely bullish, it's obviously very likely we'll see double digits again. Bitcoin fluctuates so much, it'd be stupid to say we've past that time. All it's going to take is some 'bad news' and we'll lose 30%+ overnight. In the long run though, I think we're looking at 4 figures not 2

Agree.  Although, as time passes the fear grows that I won't see such a great opportunity

[Miz4r]

As more and more time passes by the chance to see double digits again become smaller and smaller. If it doesn't happen before September this year I think it's not gonna happen at all.

[Birdy]

I think double digits will only happen again, if there is some really big legal action or a critical bug either in Bitcoin or in Mt Gox/Bitstamp.
(Or Satoshi gets bored and dumps half of his coins )

[ManBearPig]

Hell yeah there are both darker and brighter times ahead for Bitcoin.

Nothing to confess here!

[Saint!]

Considering I'm following the MtGox GBP chart we're still in double figures 

Although I'd prefer to see it get back into the triples, only £15 to go.

[samson]

Double digits are a certainty !

[yokosan]

Single digits here we come.

[Coinseeker]

I guarantee it.   

[Miz4r]

Single digits here we come.

After all your hopelessly failed predictions you have a credibility value of exactly zero digits now lol.

[rayfloyd]

Single digits here we come.

You have no credibility yoko...
New members with 0 credibility have more than you.

[San1ty]

Single digits here we come.

After all your hopelessly failed predictions you have a credibility value of exactly zero digits now lol.

This x10000000!
He also promised to leave this forum and he didn't

[samson]

Double digits in the next week or two ?

[adamstgBit]

... no simply impossible

[notme]

Single digits here we come.

You have no credibility yoko...
New members with 0 credibility have more than you.

Yokosan likes to kid.  But since you're new, I guess you take him too seriously.

[BitcoinAshley]

I give it a 10% chance. Just so we're clear on this, yes, I did pull that number out of thin air and I do not plan on backing it up with any reasoning whatsoever.

The longer we stay "stable" in this 120-135 arena, the lower the chance we will see double digits.

We've had black swan after black swan and we're still holding strong. What will it take?

Oh, what, a tiny additional percentage of Gox users now have to KYC verify, compared to the vast majority that are already required to verify? Sorry, couldn't hear y'all over the sound of the raging bulls Explain again how that's going to send price tumbling...

[Frozenlock]

A white swan...

Nothing happens ----> crash 

[discobean]

Double digits this weekend.   

[smoothie]

This thread title sounds like a religion.

[zby]

The volume is a bit weak on this 'stable growth' - it does not really look stable from that point of view.

[Ares]

Single digits here we come.

[DoomDumas]

price should double within a month.. I dont see any double digit (under 90 for at least few days) ever.. Maybe some sort of flash crash could bring the price under 100 for a couple of hour, but nothing more..

Place your money where your mouth is, see the bet in my sig..

[Endgame]

The time of double digits has passed. The time of triple digits and slow, steady growth is here.

[Peter Lambert]

Could we fix the typo in the thread title please?

It is quite possible that the price could dip down into double digits. Bitcoins are currently inflating at over 10% per year, that is a great reason for the price to go down.

Price seems to be correlated with adoption. If a bunch of people get tired of bitcoin or move onto something else the price could plummet. Down past 90 is only a 30% drop in price. Looking at the historical price chart that seems perfectly feasible.

That is not to say I personally think double digits are probable, but I admit they are a possibility. I think the most probable movement is a very slow rise over the next few months, we might get up to 150 by the end of the year.

[BitcoinAshley]

The volume is a bit weak on this 'stable growth' - it does not really look stable from that point of view.

Low volume is to be expected during periods of stability. It doesn't signify anything except that it is harder to make profits during periods of stability so most of the activity is from bots and entries/exits rather than speculative day-traders.

Or was that a deliberate non-sequitur?  In which case I'd give you props.

[samson]

bump

[Rockford]

price should double within a month.. I dont see any double digit (under 90 for at least few days) ever.. Maybe some sort of flash crash could bring the price under 100 for a couple of hour, but nothing more..

Place your money where your mouth is, see the bet in my sig..

you might have nailed it with your post.

we are heading back to +100

(lets wait and see)

[KSV]

price should double within a month.. I dont see any double digit (under 90 for at least few days) ever.. Maybe some sort of flash crash could bring the price under 100 for a couple of hour, but nothing more..

Place your money where your mouth is, see the bet in my sig..

you might have nailed it with your post.

we are heading back to +100

(lets wait and see)

u said it best, but i m hoping for a temp 80 so i can buy in again

[KSV]

The time of double digits has passed. The time of triple digits and slow, steady growth is here.

+1

singles, doubles are gone - its time for the triples to shine, and in the near future probably more than that.

[samson]

I'm surprised at how fast we went through $100, I expected a couple of bounces at this level. I guess they already happened at $106.

[freedomno1]

Whilst I'm definitely bullish, it's obviously very likely we'll see double digits again. Bitcoin fluctuates so much, it'd be stupid to say we've past that time. All it's going to take is some 'bad news' and we'll lose 30%+ overnight. In the long run though, I think we're looking at 4 figures not 2

This

I'm surprised at how fast we went through $100, I expected a couple of bounces at this level. I guess they already happened at $106.

A panic sell followed by a bullish run that said stable is at a new lower level somewhere need to figure out where the bubble reversal crests

[N12]

Once a bounce above 100 fades, we will be trading in the double digits for a long time.

[samson]

Once a bounce above 100 fades, we will be trading in the double digits for a long time.

This is what I suspect, the bounce didn't quite make it back to $100 and it's falling again right now.

$100 appears to be the top for now.

[freedomno1]

Once a bounce above 100 fades, we will be trading in the double digits for a long time.

Dead cat bounce huh hmm also possible thinking reverse parabolic but that's also a possible outcome

[wopwop]

Once a bounce above 100 fades, we will be trading in the double digits for a long time.

Dead cat bounce huh hmm also possible thinking reverse parabolic but that's also a possible outcome

http://www.youtube.com/watch?v=O4Ccfpwc6bg

[freedomno1]

Once a bounce above 100 fades, we will be trading in the double digits for a long time.

Dead cat bounce huh hmm also possible thinking reverse parabolic but that's also a possible outcome

http://www.youtube.com/watch?v=O4Ccfpwc6bg

You are the cat
Argue your point instead of bashing my comrade

[N12]

Once a bounce above 100 fades, we will be trading in the double digits for a long time.

This bounce is playing out now. Enjoy the hopium.

[Crypt_Current]

Once a bounce above 100 fades, we will be trading in the double digits for a long time.

This bounce is playing out now. Enjoy the hopium.

What a confusing post

[samson]

Once a bounce above 100 fades, we will be trading in the double digits for a long time.

This bounce is playing out now. Enjoy the hopium.

What a confusing post

It's pure FUD, ignore it

[N12]

Once a bounce above 100 fades, we will be trading in the double digits for a long time.

This bounce is playing out now. Enjoy the hopium.

What a confusing post

It's pure FUD, ignore it

Shouldn't have ignored it. This bounce has now faded.

Time to get comfortable with double digits.

[samson]

Once a bounce above 100 fades, we will be trading in the double digits for a long time.

This bounce is playing out now. Enjoy the hopium.

What a confusing post

It's pure FUD, ignore it

Shouldn't have ignored it. This bounce has now faded.

Time to get comfortable with double digits.

Eh, I'm a big believer in double digits !

[N12]

My Bitcoin history:

Single Digit => .1 Digit

Double Digit => Single Digit

Triple Digit => Double Digit

It is only natural!

[fishy]

Single digits here we come.

After all your hopelessly failed predictions you have a credibility value of exactly zero digits now lol.

This x10000000!
He also promised to leave this forum and he didn't

Unrelated question to San1ty:
How did you get the "aka" tag under your username?

[im3w1l]

[N12]

There we go. Again.

[N12]

Love the smell of double digits.

[lucas.sev]

*Sniff* Feels good man

[barbs]

FEELS GOOD MAN 

haha.

At this point people have had plenty of time and very clear signals during that time to get out so those who have taken out loans etc and bought at 110 deserve what they get...

Or.. to da moon!!!

[samson]

Double digits again and it's nearly the start of the weekend.

I wonder if we'll see new lows over the weekend.

[funktion]

At this point people have had plenty of time and very clear signals

what are these signals you speak of?

[lucas.sev]

At this point people have had plenty of time and very clear signals

what are these signals you speak of?

Like the 400BTC + 5k buy with total 15USD slippage that got us from 95 to 110?

[sidhujag]

That one was right before the 3some? lol

Yea I believe LTC may get to 0.1 digits but BTC won't reach single digits anymore.

[lucas.sev]

That one was right before the 3some? lol

Yea I believe LTC may get to 0.1 digits but BTC won't reach single digits anymore.

LTC is practically pegged to BTC

[sidhujag]

That one was right before the 3some? lol

Yea I believe LTC may get to 0.1 digits but BTC won't reach single digits anymore.

LTC is practically pegged to BTC

I know and I still stand by what I said.. how crazy is that right?

[lucas.sev]

That one was right before the 3some? lol

Yea I believe LTC may get to 0.1 digits but BTC won't reach single digits anymore.

LTC is practically pegged to BTC

I know and I still stand by what I said.. how crazy is that right?

I don't say you are not right, I don't know the ratio but I guess you calculated the price of LTC when BTC is of price x and it came out as 0.1 digits assuming current ratio.

[sidhujag]

No not really I do think the LTC/BTC will drop as it is doing so now, I don't really see BTC falling below $50 maximum and $90 improbable, while LTC may fade away, this may cause ltc/btc to half 4 times(for my ltc price projection)... not really surprising for me as BTC demand is real while LTC not so much.

Alot of ppl switching over to FTC selling LTC at the same time. Not sure if this will hold but FTC looks like it wasn't a pump and dump so far on the charts.

I would still prefer LTC over FTC but in the end who knows maybe neither will provide enough innovation over the "leader" to really coexist with the winner out of all of these crypto's.

[Peter Lambert]

No not really I do think the LTC/BTC will drop as it is doing so now, I don't really see BTC falling below $50 maximum and $90 improbable, while LTC may fade away, this may cause ltc/btc to half 4 times(for my ltc price projection)... not really surprising for me as BTC demand is real while LTC not so much.

Alot of ppl switching over to FTC selling LTC at the same time. Not sure if this will hold but FTC looks like it wasn't a pump and dump so far on the charts.

I would still prefer LTC over FTC but in the end who knows maybe neither will provide enough innovation over the "leader" to really coexist with the winner out of all of these crypto's.

I'm too lazy to look, is there a Litecoin equivalent of the Silk Road?

[freedomno1]

No not really I do think the LTC/BTC will drop as it is doing so now, I don't really see BTC falling below $50 maximum and $90 improbable, while LTC may fade away, this may cause ltc/btc to half 4 times(for my ltc price projection)... not really surprising for me as BTC demand is real while LTC not so much.

Alot of ppl switching over to FTC selling LTC at the same time. Not sure if this will hold but FTC looks like it wasn't a pump and dump so far on the charts.

I would still prefer LTC over FTC but in the end who knows maybe neither will provide enough innovation over the "leader" to really coexist with the winner out of all of these crypto's.

I'm too lazy to look, is there a Litecoin equivalent of the Silk Road?

The High Road 

[Salivan]

he he  it's  really looks  like  we  can go  into  double  digit  range for a longer time.
It is weird  since  most people  bought their coins within  range  100-120 so why they are  selling  now?Maybe speculators are  quitting the  market  and  going elsewhere

[MidnightTokr]

he he  it's  really looks  like  we  can go  into  double  digit  range for a longer time.
It is weird  since  most people  bought their coins within  range  100-120 so why they are  selling  now?Maybe speculators are  quitting the  market  and  going elsewhere

To buy back cheaper?

[Birdy]

he he  it's  really looks  like  we  can go  into  double  digit  range for a longer time.
It is weird  since  most people  bought their coins within  range  100-120 so why they are  selling  now?Maybe speculators are  quitting the  market  and  going elsewhere

Hmm, when you invest Bitcoins (in shares, lending etc.) they might be sold, too. But they also have to be rebought later on to give you.
Difficult to get numbers on this though, so I don't know if it's relevant.

[AliceWonder]

he he  it's  really looks  like  we  can go  into  double  digit  range for a longer time.
It is weird  since  most people  bought their coins within  range  100-120 so why they are  selling  now?Maybe speculators are  quitting the  market  and  going elsewhere

To buy back cheaper?

or put it in something that will grow faster.

[JimboToronto]

Maybe speculators are  quitting the  market  and  going elsewhere

I guess that's the difference between investing and speculation.

Investing means putting your money into something over which you have some control or in which you strongly believe.

Speculation is gambling on someone else's performance, whether it's lottery tickets, shares in companies without a controlling interest, numbers on a roulette wheel, or horse races. Sure, if you know your horses and jockeys (or companies and directors), you might make enough to cover the vigorish charged by the track (or stockbroker), but it's still gambling unless you're the jockey or CEO.

People who invest in Bitcoin because they strongly believe in it tend to be hoarders who won't sell lower than they paid because they firmly believe it will eventually keep going up.

Speculators will try to take advantage of every movement, up or down doesn't really matter.

As I mentioned elsewhere, the bulk of my bitcoins are hoarded for investment because I think Bitcoin and secure peer-to-peer networking are the future, while some are set aside for day-trade speculation. Others have already been spent on shares of Canadian Bitcoin exchange Virtex so I can hopefully get a piece of that vigorish.

Needless to say, I'd prefer them to increase in value.

[sidhujag]

he he  it's  really looks  like  we  can go  into  double  digit  range for a longer time.
It is weird  since  most people  bought their coins within  range  100-120 so why they are  selling  now?Maybe speculators are  quitting the  market  and  going elsewhere

To buy back cheaper?

or put it in something that will grow faster.

What grows faster than 1000% per year?

[Frozenlock]

What grows faster than 1000% per year?

Puts in the stock market for the coming months.  

[sidhujag]

What grows faster than 1000% per year?

Puts in the stock market for the coming months.  

Yes maybe, I see a major bull developing there... but not 1000%, plus most of the yearly gains have been had already, so you need to look somewhere else for this year.

[Frozenlock]

What grows faster than 1000% per year?

Puts in the stock market for the coming months.  

Yes maybe, I see a major bull developing there... but not 1000%, plus most of the yearly gains have been had already, so you need to look somewhere else for this year.

You understood the complete reverse of what I was trying to say...
https://en.wikipedia.org/wiki/Put_option

[sidhujag]

What grows faster than 1000% per year?

Puts in the stock market for the coming months.  

Yes maybe, I see a major bull developing there... but not 1000%, plus most of the yearly gains have been had already, so you need to look somewhere else for this year.

You understood the complete reverse of what I was trying to say...
https://en.wikipedia.org/wiki/Put_option

Aaah i see i gave u too much credit then lol I shoukd have known ur just a retailer and most of them are bears now and love to sell tops and usually end up being wrong. I dont see any bear at all fundis and techis dont have to obey the chart weve seen that since 2011

[AliceWonder]

he he  it's  really looks  like  we  can go  into  double  digit  range for a longer time.
It is weird  since  most people  bought their coins within  range  100-120 so why they are  selling  now?Maybe speculators are  quitting the  market  and  going elsewhere

To buy back cheaper?

or put it in something that will grow faster.

What grows faster than 1000% per year?

If you believe that rate is in the future then you probably aren't selling now.

[sidhujag]

holding my alt havent bought btc or ltc waiting for lows

[N12]

The market demands double digit.

[samson]

holding my alt havent bought btc or ltc waiting for lows

If you want back in on LTC you better be quick - it's going nuts

[sidhujag]

holding my alt havent bought btc or ltc waiting for lows

If you want back in on LTC you better be quick - it's going nuts

Aah ltc the one i predicted at the start of the month to never go above 3 this month?? While it was hovering at 2.95 at that. Ooh ok well u should sell now then based on that theory ill wait for my 0.4 calling.

[N12]

Double Digit is Destiny.

[Jaroslaw]

I dont want to see double digits since i dont sell all of my bitcoins.

[N12]

Who will be the last one to sell suckers triple digit Bitcoins?

[samson]

Who will be the last one to sell suckers triple digit Bitcoins?

Not me - I sold mine long ago

[Jaroslaw]

Who will be the last one to sell suckers triple digit Bitcoins?

i have many bitcoins right now, but cant sell on fucking mtgox....

[samson]

Who will be the last one to sell suckers triple digit Bitcoins?

i have many bitcoins right now, but cant sell on fucking mtgox....

If you sold them like you said you were going to then you wouldn't have this problem.

I doubt you have any left at all.

[Jaroslaw]

Who will be the last one to sell suckers triple digit Bitcoins?

i have many bitcoins right now, but cant sell on fucking mtgox....

If you sold them like you said you were going to then you wouldn't have this problem.

I doubt you have any left at all.

i sell over 20k bitcoins in week so dont speak how much i have left

[samson]

Who will be the last one to sell suckers triple digit Bitcoins?

i have many bitcoins right now, but cant sell on fucking mtgox....

If you sold them like you said you were going to then you wouldn't have this problem.

I doubt you have any left at all.

i sell over 20k bitcoins in week so dont speak how much i have left

LOL, get ready to sell at much lower prices. Double digits are coming.

[Jaroslaw]

Who will be the last one to sell suckers triple digit Bitcoins?

i have many bitcoins right now, but cant sell on fucking mtgox....

If you sold them like you said you were going to then you wouldn't have this problem.

I doubt you have any left at all.

i sell over 20k bitcoins in week so dont speak how much i have left

LOL, get ready to sell at much lower prices. Double digits are coming.

ive already a milionarie so i can wait even 10 years to 100$ again or keep my bitcoins forever

[N12]

Bitstamp and BTCe are already double digit.

The market wills it.

[N12]

Who will be the last one to sell suckers triple digit Bitcoins?

[Frozenlock]

I'm tempted to buy some back just to have that honour. 

[Jaroslaw]

RED BUTTON so much temptation...

[N12]

Who will be the last one to sell suckers triple digit Bitcoins?

Really now, I believe that after breaking 100, we are going to be trading in the double digits for a long time.

[pirateat4O]

Who will be the last one to sell suckers triple digit Bitcoins?

Really now, I believe that after breaking 100, we are going to be trading in the double digits for a long time.

I can fix that for you...

[N12]

As always, MtGox is the outlier of all exchanges desperately clinging on to sweet triple digit.

Not for long.

[freedomno1]

Stands by my statement back then it was a reverse parabolic
Then stable at a new low take that wopwop XD
Stable at this range till something makes it move lol maybe double digits maybe small triples
Probably both on different days 

[N12]

▼ mtgoxUSD    104.5000
▼ bitstampUSD    98.7000
▼ btceUSD    97.2040

Only MtGox remains in denial.

[nobbynobbynoob]

Throughout "history" BTC-e has usually posted lower spot prices than Mt Gox.

[Remember remember the 5th of November]

▼ mtgoxUSD    104.5000
▼ bitstampUSD    98.7000
▼ btceUSD    97.2040

Only MtGox remains in denial.

Well of course MtGox is higher, they manipulate it a lot.

[Miz4r]

▼ mtgoxUSD    104.5000
▼ bitstampUSD    98.7000
▼ btceUSD    97.2040

Only MtGox remains in denial.

No denial, simply people selling their coins on Bitstamp and BTCe because they aren't able to withdraw cash on Gox. And since market depth of Bitstamp and especially BTCe can't compare to that of MtGox the price will be constantly suppressed there. Real price should be somewhere between that of Gox and Bitstamp, and closer to Gox than Bitstamp because of difference in market share. I believe once USD withdrawals on MtGox are possible again we will first see a quick drop into the double digits followed by a spike upwards.

[N12]

How about now? The final outlier MtGox has descended to the double digits.

We will be trading in the double digits for a long time. Notice how bitstamp and btc-e still have a much lower price than MtGox.

▼ mtgoxUSD    98.0000
▼ bitstampUSD    93.5500
▼ btceUSD    92.3100

[freedomno1]

2010 2011 2013
http://www.youtube.com/watch?v=K7LQu-eIOO0
http://blockchain.info/charts/my-wallet-n-users?showDataPoints=false&show_header=true&daysAverageString=1&timespan=&scale=1&address=

Anyways lets enjoy the cruise here for now  

[samson]

It looks like we're going to be in the 90's for a few days before moving lower.

[sidhujag]

90 broke opens 50

[Jaroslaw]

90 broke opens 50

50 broke opens 20

[samson]

90 broke opens 50

50 broke opens 20

20 broke opens........

[Jaroslaw]

90 broke opens 50

50 broke opens 20

20 broke opens........

i think pre-bubble price so

20 broke opens 13.5

[samson]

90 broke opens 50

50 broke opens 20

20 broke opens........

i think pre-bubble price so

20 broke opens 13.5

Looking at the order book there's a lot of bids between $10 and $14 so I guess a lot of people are expecting it to go this low or are prepared to wait it out and see where it ends up before moving their orders.

[N12]

We are going to be trading in the double digits for the rest of 2013.

In 2011, we reached double digits for the first time at the beginning of June and left them beginning of August. It wasn't until over 1 year later in August 2012 that we reached double digits again.

If this happened again, we would reach $100 in June/July 2014.

[tokeweed]

Who  still believe double digit are  feasible? State a reason of  your  position( but please no f*g charts ).
Do you intend to jump back on wagon  if  we  don't  see it never  again , or you just let it pass and  be gone forever.

By double digit   mean  long period of  time when  price is below  let say  90 $.

We all know that flash crash to  90-80 $ and  rebound could happened any  time so this  doesn't count.

there's nothing to say. price is going down.

[samson]

Who  still believe double digit are  feasible? State a reason of  your  position( but please no f*g charts ).
Do you intend to jump back on wagon  if  we  don't  see it never  again , or you just let it pass and  be gone forever.

By double digit   mean  long period of  time when  price is below  let say  90 $.

We all know that flash crash to  90-80 $ and  rebound could happened any  time so this  doesn't count.

there's nothing to say. price is going down.

A couple more bounces off $90 and we'll be trading in the $80's for a while.

[N12]

All exchanges except MtGox have been trading in the 80s for a while already. It's just a matter of time until MtGox follows again, and again, and again.

[samson]

All exchanges except MtGox have been trading in the 80s for a while already. It's just a matter of time until MtGox follows again, and again, and again.

A good point.

I remember during the run up to $266 the smaller exchanges often achieved new high's before MtGox, the same trend appears to be holding true on the way down as well !

[sidhujag]

90 broke opens 50

50 broke opens 20

20 broke opens........

90 broken, now waiting for 50.

[Jaroslaw]

90 broke opens 50

50 broke opens 20

20 broke opens........

90 broken, now waiting for 50.

Dwang... i must wait for my turn till $49

[sidhujag]

hehe gotta wait to see reaction at 50.. I'm expecting sub $1 LTC prices so if everything lines up I might just buy in there.