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Author Topic: Going to $30-40?  (Read 2759 times)
gizmoh
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June 02, 2013, 08:10:27 PM
 #21

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.  Wink

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  Embarrassed
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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RodeoX
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June 02, 2013, 08:17:15 PM
 #22

...
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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June 02, 2013, 08:17:50 PM
 #23

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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June 02, 2013, 08:18:08 PM
 #24

We need to return to the pre-bubble point before starting the new big rally.

So so... why?

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June 02, 2013, 08:21:03 PM
 #25

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  Tongue Tongue


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pinger
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June 02, 2013, 08:22:14 PM
 #26

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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June 02, 2013, 08:25:03 PM
 #27

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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Ares
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June 02, 2013, 08:26:28 PM
 #28

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!!! Wink
tom1
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June 02, 2013, 08:51:33 PM
 #29

... 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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June 02, 2013, 08:59:15 PM
 #30

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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June 02, 2013, 09:18:14 PM
 #31

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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Frozenlock
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June 02, 2013, 09:25:52 PM
 #32

... 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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June 02, 2013, 09:30:04 PM
 #33

 Smiley

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June 02, 2013, 09:46:52 PM
 #34

Perhaps, I don't know  Wink

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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June 03, 2013, 01:51:23 PM
 #35

Quote
It will crash to 2 cents per BTC before jumping up to $10,000/BTC.


 2 times
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June 03, 2013, 01:59:50 PM
 #36

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
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June 03, 2013, 02:05:01 PM
 #37

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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June 03, 2013, 02:16:32 PM
 #38

I agree, $30k-$40k per bitcoin is probably where we are headed.

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June 03, 2013, 02:50:49 PM
 #39

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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