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HappyBitCoinUser (OP)
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July 01, 2013, 07:44:22 PM |
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We had our chance when the media helped people to discover BTC earlier this year, but now the excitement is over, common sense coming back, and value going down. Post about how high it will go is useless, since the value is going down not up. So the real question is how low will the value go? And how soon? Probably a long gradual decline until someone dumped their big stash on the market to make it flash drop value further reducing confidence. GG
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JimboToronto
Legendary
 Offline
Activity: 4088
Merit: 4690
You're never too old to think young.
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July 01, 2013, 07:48:43 PM |
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We had our chance when the media helped people to discover BTC earlier this year, but now the excitement is over, common sense coming back, and value going down. Post about how high it will go is useless, since the value is going down not up. So the real question is how low will the value go? And how soon? Probably a long gradual decline until someone dumped their big stash on the market to make it flash drop value further reducing confidence. GG
LOL |
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humanitee
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July 01, 2013, 07:51:07 PM |
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Trollcity
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| Whitepaper
Medium
Reddit
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Birdy
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July 01, 2013, 07:51:54 PM |
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Imagine this: Every Bitcoin you buy is a slap in the face of those perm-bears and if we do it often enough they will disappear!
...
Now people will buy like crazy, I'm sure xD
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Rippyzippers
Member
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Activity: 84
Merit: 10
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July 01, 2013, 07:52:01 PM |
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Is this for real?
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HappyBitCoinUser (OP)
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July 01, 2013, 07:52:48 PM |
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So many people in denial, what is it with the new generation these days? Public schools really slacking or something.
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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July 01, 2013, 07:55:56 PM |
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I love your username  |
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HappyBitCoinUser (OP)
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July 01, 2013, 08:00:48 PM |
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I'm happy cause I sold what I had at the right time and I didn't even pay for the coins to begin with  |
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Hermel
Member
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Activity: 67
Merit: 11
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July 01, 2013, 08:05:56 PM |
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If Bitcoin ends the year at 100 USD, we are lucky. After the 2011 bubble, it fell from 31 USD back down to 2 USD. A similar fall would bring us to 17 USD. But as the top was less extreme this time, the fall will also be less steep. As long as nothing special happens, we will see a continuing downtrend and end the year somewhere between 50 USD and 100 USD. In 2015, when media will have forgotten about Bitcoin again, we will be ready for the next bubble which will bring us to over 1000 USD.
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vokain
Legendary
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Activity: 1834
Merit: 1019
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July 01, 2013, 09:44:51 PM |
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capitulation?
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lucas.sev
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July 01, 2013, 09:45:43 PM |
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capitulation?
Nope, capitulation will be when early adopters will sell. |
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Crypt_Current
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July 01, 2013, 09:53:13 PM |
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as long as Gox price stays > $88 ...
If you really want your extremely drawn out bear market, borrow a bunch of coin and go sell price below $88 on Gox. And stop making these ridiculous threads. Put your (or someone else's) money where your fingers are.
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Crypt_Current
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July 01, 2013, 09:55:40 PM |
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as long as Gox price stays > $88 ...
If you really want your extremely drawn out bear market, borrow a bunch of coin and go sell price below $88 on Gox. And stop making these ridiculous threads. Put your (or someone else's) money where your fingers are.
lol you may need to gather 1.21 JiggaWatts of power to do so  |
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Birdy
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July 01, 2013, 11:16:53 PM |
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as long as Gox price stays > $88 ...
If you really want your extremely drawn out bear market, borrow a bunch of coin and go sell price below $88 on Gox. And stop making these ridiculous threads. Put your (or someone else's) money where your fingers are.
So...panic now? |
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Crypt_Current
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July 01, 2013, 11:20:53 PM |
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as long as Gox price stays > $88 ...
If you really want your extremely drawn out bear market, borrow a bunch of coin and go sell price below $88 on Gox. And stop making these ridiculous threads. Put your (or someone else's) money where your fingers are.
So...panic now? Yes, please do |
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Birdy
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July 01, 2013, 11:23:42 PM |
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Yes, please do
SELL!!!SELLLSELLL!!!!!11 WE ARE DOOMED! THE END IS NEAR! Ok...enough panic for today, panicing is so exhausting, I think I don't want to take on that habit. |
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Crypt_Current
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July 02, 2013, 12:24:01 AM |
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Yes, please do
SELL!!!SELLLSELLL!!!!!11 WE ARE DOOMED! THE END IS NEAR! Ok...enough panic for today, panicing is so exhausting, I think I don't want to take on that habit. i'm panic holding; no selling anywhere near my mind |
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Crypt_Current
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July 02, 2013, 12:25:27 AM |
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Yes, please do
SELL!!!SELLLSELLL!!!!!11 WE ARE DOOMED! THE END IS NEAR! Ok...enough panic for today, panicing is so exhausting, I think I don't want to take on that habit.Paranoia is just a heightened state of awareness, and it's good to be aware, right? |
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HappyBitCoinUser (OP)
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July 02, 2013, 01:19:24 PM |
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Down to $91, but don't worry, it'll be $1k by end of this year, right? wink wink
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Birdy
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July 02, 2013, 01:24:59 PM |
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Down to $91, but don't worry, it'll be $1k by end of this year, right? wink wink
Actually the latest news regarding the Bitcoin ETF are slightly bullish and got a lot of media coverage. If it gets accepted the $1k Bitcoin may very well come true. |
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