Malawi
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Activity: 224
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One bitcoin to rule them all!
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June 09, 2013, 07:54:35 PM |
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I want to bet 0.5 BTC against OP.
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BitCoin is NOT a pyramid - it's a pagoda.
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CurbsideProphet
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June 09, 2013, 07:58:59 PM |
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If you see this bet from USD point of view OP would win $120 or more and would lose less than $120.
Yup, he essentially has given himself odds. Although you could easily hedge if you're on the other side, assuming everyone follows through with payment. |
1ProphetnvP8ju2SxxRvVvyzCtTXDgLPJV
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Jaroslaw
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supernode
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June 09, 2013, 08:00:09 PM |
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10 00BTC that price will not hit 120$
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Malawi
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Activity: 224
Merit: 100
One bitcoin to rule them all!
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June 09, 2013, 08:02:34 PM |
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10 00BTC that price will not hit 120$
Is that -ten- or -thousand- BTC? |
BitCoin is NOT a pyramid - it's a pagoda.
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Impaler
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Activity: 826
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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June 09, 2013, 08:03:15 PM |
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people are panic selling because there is a big shut down of the sites that allow you to cash out. in Australia the company's who do this have closed their sell bitcoin options. thus is self regulated from speaking to them but people will worry that they will be stuck with their bitcoins. these are the short term investors who believe the world governments will shut down bitcoin. there is no shutting down the bitcoin idea, the authority's know this. this is the future and they will do all they can to control it, their best method is to kill talk the roag exchanges and build their own exchanges witch regulate and take not of all bitcoin buys and sells justice they do with cash going in and out of bank accounts. anyway I'm looking forward to buying some cheap coins.  No you have it ass backwards, if anything the problem is their is no USD flowing IN. The dollar depth on Gox has been declining for weeks and just plunged to under 10 million dollars. The shutdown of channels that allow USD to flow onto Gox may be part of the issue but I suspect that the natural ebbing away of the hype is just causing the quantity of dollars seeking BTC to decline. People with BTC can meet the asking price of the dollars on the exchange and then they own the dollars on the exchange and even if they don't take them off the exchange they are not obligated to offer them again for BTC so the dollar depth declines even if dollars in Gox'es hands don't actually change. |
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ironcross360
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Activity: 140
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Troll of the Fourth Reich.
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June 09, 2013, 08:20:47 PM |
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You heard it from me first.
Anybody want to bet?
Price will not go back up $120 monday Probably this tuesday? |
Why are you just staring at this? Just send it! 1MHZjADM41ttjbPUiTPYWGYGm45XLf8ZeS
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dnaleor
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Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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June 09, 2013, 10:44:16 PM |
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I hope not, have money comming in on monday at bitstamp. Want to buy at least 5 BTC |
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chriswilmer
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Merit: 1000
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June 10, 2013, 02:25:40 AM |
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I'm with OP. I'm also Canadian  |
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firefop
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June 10, 2013, 02:29:29 AM |
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I should probably pile in on this bet... but really. you'll already be losing enough.
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massivebitman
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June 10, 2013, 02:37:45 AM |
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You guys are all making the assumption that CanadianGuy isn't planning to push the price up there himself.
If Jarslows bet was real it'd even be worthwhile for him to do!
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spndr7
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Merit: 1000
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June 10, 2013, 02:46:15 AM |
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Its monday morning in India and price still at 99 USD/BTC  |
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halfawake
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June 10, 2013, 04:02:32 AM |
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It'll definitely be interesting to see how this plays out.
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BTC: 13kJEpqhkW5MnQhWLvum7N5v8LbTAhzeWj
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torba
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Activity: 100
Merit: 10
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June 10, 2013, 04:08:10 AM |
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It's almost like the guy has inside info.
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BitChick
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Merit: 1001
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June 10, 2013, 04:15:51 AM |
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It's almost like the guy has inside info.
I can't bet. Husband has our small stash of BTC safe and secure, but I think OP is right. It is on its way there already. Do you have some inside info? With the right amount of BTC the market can be manipulated for sure. Hey, If I could, I probably would too. |
1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
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halfawake
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June 10, 2013, 04:17:19 AM |
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So what happens if the price ends up higher than $120 on Monday at noon Central time? How much accuracy are you does this have to be, or is it just $120 or higher and you win the bet?
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BTC: 13kJEpqhkW5MnQhWLvum7N5v8LbTAhzeWj
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Welsh
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Merit: 4111
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June 10, 2013, 04:17:29 AM |
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It was a guess, because it happened not to long ago. They have been dumping it every sunday.
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freedomno1
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Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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June 10, 2013, 04:23:10 AM |
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Well goes to look at the data
Don't see it but OP is putting money where his mouth is so will observe
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Believing in Bitcoins and it's ability to change the world
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mgio
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June 10, 2013, 04:28:41 AM |
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It would be really funny if the OP is correct.
For a second there we soared to $110 and I thought he might actually be!
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XXthetimeisnowXX
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Activity: 252
Merit: 250
a wolf in sheeps clothing. suckerfish
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June 10, 2013, 04:42:17 AM |
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idk i saw it with my own two eyes. almost ready to sell cuz it had dipped to 91 again and then all these thousands up buy orders came in. i havent seen this since the rally that took us to 260. in about 25 seconds it went to 106....ten more seconds 110. thats a lot of coins to buy up. and now holding srtong around 106. crazy shit. could easily go to 120 no problem
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