gizmoh
Legendary
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Activity: 1428
Merit: 1000
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June 02, 2013, 08:10:27 PM |
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The thing is that a gut feeling about the price going up or down may have some merit. But when you assign a dollar value you are just wildly guessing. It looks like math, there are numbers and everything, but it is not math. It is a completely baseless guess. Which you are welcome to do. So, what is your opinion about the price in the near future? Since most of my guesses have been wrong, I don't know. lol It seems like there is strong support at $120. I think some of the smart money is waiting to see what regulation shake out before buying. Because BTC is more opaque than the banking economy I don't even know that. Overall I'm bullish because there are a lot of smart people working on new projects. If one of those becomes a killer app then we could be in rally mode quickly. Of course bad news about regulation or a severe bug could crash the market. I just can't say anything with confidence. I see no support at 120.The trend line has been broken. Forget about regulation,to come infrastructure. The thing is the bubble has popped and since then the price has been propped up by whales. Slowly the price will adjust itself to post bubble situation. Bear phase starts now
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How Ripple Rips you: "The founders of Ripple Labs created 100 billion XRP at Ripple's inception. No more can be created according to the rules of the Ripple protocol. Of the 100 billion created, 20 billion XRP were retained by the creators, seeders, venture capital companies and other founders. The remaining 80 billion were given to Ripple Labs. Ripple Labs intends to distribute and sell 55 of that 80 billion XRP to users and strategic partners. Ripple Labs also had a giveaway of under 200 million XRP (0.002% of all XRP) via World Community Grid that was later discontinued.[29] Ripple Labs will retain the remaining 25 billion"
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RodeoX
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Activity: 3066
Merit: 1147
The revolution will be monetized!
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June 02, 2013, 08:17:15 PM |
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... The thing is the bubble has popped and since then the price has been propped up by whales. Slowly the price will adjust itself to post bubble situation. Bear phase starts now
I'm curious how you have determined that "whales" have been supporting the price?
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Elwar
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Activity: 3598
Merit: 2386
Viva Ut Vivas
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June 02, 2013, 08:17:50 PM |
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It will crash to 2 cents per BTC before jumping up to $10,000/BTC.
Anyone buying at $30-$40 is a sucker.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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dexX7
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Activity: 1106
Merit: 1026
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June 02, 2013, 08:18:08 PM |
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We need to return to the pre-bubble point before starting the new big rally.
So so... why?
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smoothie
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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June 02, 2013, 08:21:03 PM |
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It will crash to 2 cents per BTC before jumping up to $10,000/BTC.
Anyone buying at $30-$40 is a sucker.
LOL ok then you should A. Sell all of your coins B. Move all of your fiat paper off the exchange(s) C. Delete your forum profile D. Fail
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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pinger
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Activity: 1512
Merit: 1001
Bitcoin - Resistance is futile
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June 02, 2013, 08:22:14 PM |
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I see many new user, begging for a 30 $ coins, but I'm sorry, this is a Bull Trap, like most weekends. Will see the price recover before tomorrow morning. There is no reason for this price falling except a bull trap.
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For rent
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Elwar
Legendary
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Activity: 3598
Merit: 2386
Viva Ut Vivas
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June 02, 2013, 08:25:03 PM |
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I see many new user, begging for a 30 $ coins, but I'm sorry, this is a Bull Trap, like most weekends. Will see the price recover before tomorrow morning. There is no reason for this price falling except a bull trap.
No it's not...don't buy coins for a few days...it will go lower, honest.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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Ares
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June 02, 2013, 08:26:28 PM |
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I see many new user, begging for a 30 $ coins, but I'm sorry, this is a Bull Trap, like most weekends. Will see the price recover before tomorrow morning. There is no reason for this price falling except a bull trap.
No it's not...don't buy coins for a few days...it will go lower, honest. welp, im convinced. sell all zee coins!!!
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tom1
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June 02, 2013, 08:51:33 PM |
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... but 15-20 is also possible.
Sorry, but this will not happen again. Because...? Because: I see many new user, begging for a 30 $ coins, but I'm sorry, this is a Bull Trap, like most weekends. Will see the price recover before tomorrow morning. There is no reason for this price falling except a bull trap.
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meangreen
Member
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Activity: 70
Merit: 10
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June 02, 2013, 08:59:15 PM |
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It will crash to 2 cents per BTC before jumping up to $10,000/BTC.
Anyone buying at $30-$40 is a sucker.
lol
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Malawi
Full Member
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Activity: 224
Merit: 100
One bitcoin to rule them all!
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June 02, 2013, 09:18:14 PM |
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Seems like there are pretty good support at $50, it may go below, but not for a long time. Still, it will take time before we see those numbers. Not to mention that it's gonna take quite a bit of grinding just to go below $100.
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BitCoin is NOT a pyramid - it's a pagoda.
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Frozenlock
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June 02, 2013, 09:25:52 PM |
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... but 15-20 is also possible.
Sorry, but this will not happen again. Because...? Because: I see many new user, begging for a 30 $ coins, but I'm sorry, this is a Bull Trap, like most weekends. Will see the price recover before tomorrow morning. There is no reason for this price falling except a bull trap.
You're buying then?
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pinger
Legendary
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Activity: 1512
Merit: 1001
Bitcoin - Resistance is futile
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June 02, 2013, 09:30:04 PM |
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For rent
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WackyWilly
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Activity: 58
Merit: 0
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June 02, 2013, 09:46:52 PM |
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Perhaps, I don't know Yet - I am closely looking at the long term semi-log chart. Both medium term and long term trend are still in place, but the medium term trend runs the risk of getting broken in the coming weeks. https://bitcointalk.org/index.php?topic=223860.0 If so, we could see significantly lower prices $32- $64. Well, that's my take at this moment.
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manfred
Legendary
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Activity: 966
Merit: 1001
Energy is Wealth
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June 03, 2013, 01:51:23 PM |
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It will crash to 2 cents per BTC before jumping up to $10,000/BTC. 2 times
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lowlevel
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June 03, 2013, 01:59:50 PM |
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I see many new user, begging for a 30 $ coins, but I'm sorry, this is a Bull Trap, like most weekends. Will see the price recover before tomorrow morning. There is no reason for this price falling except a bull trap.
No it's not...don't buy coins for a few days...it will go lower, honest. Another few 20k BTC dumps, and it may very well start a run to $3.
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BrightAnarchist
Donator
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Activity: 853
Merit: 1000
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June 03, 2013, 02:05:01 PM |
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I see many new user, begging for a 30 $ coins, but I'm sorry, this is a Bull Trap, like most weekends. Will see the price recover before tomorrow morning. There is no reason for this price falling except a bull trap.
No it's not...don't buy coins for a few days...it will go lower, honest. Another few 20k BTC dumps, and it may very well start a run to $3. Could be quick, but I think it's much more likely to be a slow and drawn out process
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chiropteran
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June 03, 2013, 02:16:32 PM |
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I agree, $30k-$40k per bitcoin is probably where we are headed.
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romerun
Legendary
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Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
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June 03, 2013, 02:50:49 PM |
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there's no support because there's no USD from Dwolla pumping into it. I'm hearing many folks trying to buy bitcoin but can't get fiant to exchanges. When gox-dwolla is resolved, or other USD friendly exchanges come online, price shall rise again.
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