freethebitcoin (OP)
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July 05, 2013, 02:18:53 PM Last edit: July 05, 2013, 04:50:24 PM by freethebitcoin |
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For the last 2 weeks the Bitcoin exchange rate has steadily been dropping below the 100 USD mark and is at the time of writing at 71.20 USD at MT.gox.
I dont want to go into reasons or debates over the recent news, exchanges or US regulations but want to simply let ppl guess what the rate will be on the last day of July.
Lets use Mt.gox's rate for this poll. The poll will close on July 31.
I predict the rate will be around 30 USD (option 4).
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/ Don't waste time on another ASIC scam - Work, sell or build for Bitcoin and benefit all.
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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zhangweiwu
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July 06, 2013, 12:34:57 AM |
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This poll is poorly designed. 50 - 99 USD is a very large a range, and thus is the favourate.
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Walsoraj
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July 06, 2013, 12:45:23 AM |
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200+
Easy poll that presents no challenge.
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Ares
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July 06, 2013, 12:49:20 AM |
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200+
Easy poll that presents no challenge.
LOL enter the ant-jaroslaw super-bull
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BitcoinAshley
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July 06, 2013, 01:31:31 AM |
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Is there really any question? $3-$29, though I'd give $30-$49 a shot. EDIT: Going on vacation later this month with no access to cell or internet; may use this poll to influence where/if I place my buy orders
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Jaroslaw
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supernode
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July 06, 2013, 08:08:38 AM |
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it will be somewhere between 10$ and 20$
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Crypt_Current
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July 06, 2013, 08:20:10 AM |
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200+
Easy poll that presents no challenge.
LOL since when are polls difficult? It's not a calc test man. Er, kid.
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freethebitcoin (OP)
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July 11, 2013, 11:48:50 AM |
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This poll is poorly designed. 50 - 99 USD is a very large a range, and thus is the favourate.
Would it be better to have 40 options with a range of 5 each? I just thought it would be fun to see where ppl expect to see Bitcoin rate at the end of July from 0.1 to 200+. Some wish it to crash to bottom some wish the rate to hit the sky. As of today, 45.5% think it will be at the same range it was when the poll started (50-99USD) and where it is today (86USD), so far most have been right.
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/ Don't waste time on another ASIC scam - Work, sell or build for Bitcoin and benefit all.
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bitcon
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July 11, 2013, 10:20:15 PM |
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yes the price ranges are to drastic to be of any significance. its like saying it will be somewhere beween $75-$125. of course it will
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rampantparanoia
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July 11, 2013, 10:21:18 PM |
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This poll is poorly designed. 50 - 99 USD is a very large a range, and thus is the favourate.
Would it be better to have 40 options with a range of 5 each? I just thought it would be fun to see where ppl expect to see Bitcoin rate at the end of July from 0.1 to 200+. Some wish it to crash to bottom some wish the rate to hit the sky. As of today, 45.5% think it will be at the same range it was when the poll started (50-99USD) and where it is today (86USD), so far most have been right. $10 increments
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MonadTran
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July 11, 2013, 10:25:10 PM |
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The process of speculation annihilation:
Jaroslaw + Walsoraj = 2 * Ignore + Free time
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dnaleor
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Want privacy? Use Monero!
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July 12, 2013, 01:52:53 AM |
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If we manage to break 100$ and stay there for at least 3 days I think we have a fair chance of hitting 160$ by the end of july
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monkeybars
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July 12, 2013, 02:02:24 AM |
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I predict $103 on 7/31
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XXthetimeisnowXX
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a wolf in sheeps clothing. suckerfish
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July 12, 2013, 02:07:15 AM |
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This poll is poorly designed. 50 - 99 USD is a very large a range, and thus is the favourate.
agreed this pool is full of fail. why would you put the close date on the day of the close poll. what will the price be for one btc in one hour? poll closes in one hour. hummmmmm how about close the poll in ten minutes. or in this case in one week. dork.
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XXthetimeisnowXX
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a wolf in sheeps clothing. suckerfish
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July 12, 2013, 02:09:09 AM |
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it will be somewhere between 10$ and 20$
oh man you are to much. just so damn funny arnt ya big tex
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freethebitcoin (OP)
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July 16, 2013, 11:09:25 PM |
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This poll is poorly designed. 50 - 99 USD is a very large a range, and thus is the favourate.
agreed this pool is full of fail. why would you put the close date on the day of the close poll. what will the price be for one btc in one hour? poll closes in one hour. hummmmmm how about close the poll in ten minutes. or in this case in one week. dork. The interesting is to find out what ppl predicted at the beginning of the poll not 10 min before. When would you like to close the poll? 1 day before? 2 days before? 1 week before? Or where is the poll manual?
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/ Don't waste time on another ASIC scam - Work, sell or build for Bitcoin and benefit all.
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BitPirate
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RMBTB.com: The secure BTC:CNY exchange. 0% fee!
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July 17, 2013, 02:40:28 AM |
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If we manage to break 100$ and stay there for at least 3 days I think we have a fair chance of hitting 160$ by the end of july ^ this. $160.
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Wagner2014
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July 17, 2013, 04:30:06 AM |
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between $50 and $80
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Hello, fellow Bitcoin Billionaires!!
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GigaDice
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July 17, 2013, 04:32:20 AM |
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Between 50-99 USD. The long term trend is upward, so buy as much as you can while they're still cheap
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ChronoX5
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July 17, 2013, 07:58:55 AM |
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200+
Easy poll that presents no challenge.
Ahaha, Jaroslaw's missing cousin
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Please keep in mind that I am currently trading/holding shares of ASIC Miner, ActiveMining, Rentalstarter, Labcoin and may be posting in my own interest. Always do your own research.
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Tzupy
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July 17, 2013, 08:48:26 AM |
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The rather large buys on the 11th and 12th were at prices much lower than 100, lately there has been very little interest to buy above 100. If no 'whale' absolutely wants to buy BTC above 100, then the current 95-100 may stick for a while. But there's a large gap with other exchanges, and to me this signals a negative correction on MtGox is to be expected. So my vote for the end of July goes to 80s, if not lower, in case there's a massive panic sell.
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Sometimes, if it looks too bullish, it's actually bearish
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cosmicblue
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July 17, 2013, 09:00:31 AM |
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wish there is 75-125 option True! (most likely)
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Big dom the donkey destroyer.
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Tzupy
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July 17, 2013, 04:58:51 PM Last edit: July 18, 2013, 06:56:13 AM by Tzupy |
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The current large gap between MtGox and other exchanges is due to the stalling of $ withdrawals by MtGox. This has led the people who really need to withdraw $ from MtGox to buy BTC on MtGox and sell them on other exchanges. Of course, some other people may be buying on other exchages and selling on MtGox, but without withdrawing much $. It seems MtGox has a liquidity problem due to FinCEN certification costs, so the larger withdrawals are delayed, only smaller ones go through. So it's still possible to take advantage of the price gap if you only sell small amounts of BTC on MtGox and withdraw small amounts of $. I wonder what will happen if MtGox resumes full $ withdrawal, the price on other exchanges will go up, or the price on MtGox will go down? Or what will happen if MtGox completely stops withdrawals again? That could kill their remaining credibility.
PS. Price is slowly moving downwards, but there's no way to tell if it will drop below 96. It will recover from a drop to 97. If however it drops below 96, then based on movements recorded in the 30 day chart, I'd expect a panic sell and a drop to 85-88.
PS. I was sooo right! Actually, we'll see if this stops at 85-88...
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Sometimes, if it looks too bullish, it's actually bearish
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freethebitcoin (OP)
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July 30, 2013, 06:44:27 PM |
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Between 50-99 USD. The long term trend is upward, so buy as much as you can while they're still cheap I hope the long term trend is stable. Only ppl who hope to earn easy buck would made such a statement. Bitcoin should be be used what it was made for not to repeat the mistakes the we making with banks. Im surprised to see that most ppl around Bitcoin are more focused on pump and dump instead of using it in everyday transactions.
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/ Don't waste time on another ASIC scam - Work, sell or build for Bitcoin and benefit all.
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superduh
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July 30, 2013, 09:48:34 PM |
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Between 50-99 USD. The long term trend is upward, so buy as much as you can while they're still cheap I hope the long term trend is stable. Only ppl who hope to earn easy buck would made such a statement. Bitcoin should be be used what it was made for not to repeat the mistakes the we making with banks. Im surprised to see that most ppl around Bitcoin are more focused on pump and dump instead of using it in everyday transactions. nothing in the world is stable. + at these prices one would have to be naive that it can be stable. it should approach "stability" the more amount of people have it. by then market cap would likely be 1 trillion
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ok
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freethebitcoin (OP)
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August 01, 2013, 10:50:44 PM Last edit: August 01, 2013, 11:02:20 PM by freethebitcoin |
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I was aiming at the whole community around BTC not only this sub forum. Excuse me for thinking.
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/ Don't waste time on another ASIC scam - Work, sell or build for Bitcoin and benefit all.
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freethebitcoin (OP)
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August 01, 2013, 10:58:18 PM |
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Between 50-99 USD. The long term trend is upward, so buy as much as you can while they're still cheap I hope the long term trend is stable. Only ppl who hope to earn easy buck would made such a statement. Bitcoin should be be used what it was made for not to repeat the mistakes the we making with banks. Im surprised to see that most ppl around Bitcoin are more focused on pump and dump instead of using it in everyday transactions. nothing in the world is stable. + at these prices one would have to be naive that it can be stable. it should approach "stability" the more amount of people have it. by then market cap would likely be 1 trillion The USD against HKD has been stable for 10 years, so some things can be stable. http://www.xe.com/currencycharts/?from=USD&to=HKD&view=10YWhat im trying to say is that this "earn quick cash before it crashes" thinking does not make Bitcoin adoption by "real" humans any easier. I would like to start a retail business accepting BTC but the unstable rate makes it impossible. This makes the Bitcoin network useful only to early adopters and geeks who want to earn quick buck.
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/ Don't waste time on another ASIC scam - Work, sell or build for Bitcoin and benefit all.
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freethebitcoin (OP)
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August 08, 2013, 04:53:00 PM |
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You'll see the stability when the chain of support is complete. When baker can buy flour and yeast with BTC and a farmer can buy seeds with BTC.
For now you can just use a payment processor, that converts BTC to USD if volatility is an issue.
I understand what is needed for Bitcoin to go mainstream but im talking about the greed making the transition more difficult.
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/ Don't waste time on another ASIC scam - Work, sell or build for Bitcoin and benefit all.
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