POLL: when will we see $100/BTC again?

[BitChick]

Tell this story to ones that bought at $200+

Best advice in that case: Never go full retard.

I didn't go full retard but I bought 30 BTC at 129 and never sold them. Pretty damn high up there on the retard scale....

Average price I paid is $120.  I am right there with you.   Still could be a good deal in the big scheme of things.  Sure, I could have sold high and bought more lower but it is hard to predict the market's movement really.  Perhaps when the price gets to $200 I will sell a few in case there are more bumps along the road but I might just hold on for long term too.  Not really sure.

[GigaDice]

We should see $100 sooner rather than later. My prediction before the first of August.

[Impaler]

My prediction

NEVER

[BitChick]

My prediction

NEVER

My prediction

TODAY 

[bitbryan]

mt.gox price mebe! but who gives a shart bout gox price means nothing to me!

[BitChick]

mt.gox price mebe! but who gives a shart bout gox price means nothing to me!

When it gets over $100 on MtGox other exchanges will catch up eventually.

[Tzupy]

IMO it's unlikely to see 100 today on MtGox, because it would take another 10k BTC whale buy, and we already had one today.
The whale can wait to buy at 97-98 tomorrow, or maybe price will drop a bit during the weekend, and then we'll see 100.

[RationalSpeculator]

My prediction

NEVER

Why do you think that? Would be interested to know your reasoning.

[Impaler]

My prediction

NEVER

Why do you think that? Would be interested to know your reasoning.

Continued deflation of the current bubble down to $30 - $50 range over the next 6 months based solely on the drying up of the hype that generated the bubble. Then a second bubble would not be expected for at least another year minimum, meanwhile the crypto-coin market will be fragmenting into more coins with newer and better features (such as alternative hashes) and this will draw off funds that would in the past have flowed into BTC by default when it was alone in the marketplace.  In addition centralization of hashing power in ASICs will weaken demand for BTC as its security becomes weaker due to the easily target-able nature of the ASIC operators (FINCEN will be knocking on their doors asking if they are registered money transmitters), and for the obvious collusion potential that such a small group has.

[nobbynobbynoob]

Continued deflation of the current bubble down to $30 - $50 range over the next 6 months based solely on the drying up of the hype that generated the bubble. Then a second bubble would not be expected for at least another year minimum, meanwhile the crypto-coin market will be fragmenting into more coins with newer and better features (such as alternative hashes) and this will draw off funds that would in the past have flowed into BTC by default when it was alone in the marketplace.  In addition centralization of hashing power in ASICs will weaken demand for BTC as its security becomes weaker due to the easily target-able nature of the ASIC operators (FINCEN will be knocking on their doors asking if they are registered money transmitters), and for the obvious collusion potential that such a small group has.

A possible drop to $50ish may make sense (don't know if it would take anywhere nearly as long as six months, though), but not the FinCEN knocking on doors part. For a start, ASIC miners aren't only in the US!

Competition from Litecoin et al may play a rôle but healthy competition might also strengthen Bitcoin longer term rather than weaken it.

Price-wise, it's easy enough to make a short-term bear case when we've obviously been in a bear market. Though there's no clear evidence the bottom of it is or will be lower that 50 USD, IMO.

[Hfleer]

It's pretty close already, price just seems to fluctuate a lot right now though.

[BitChick]

Almost there.   It looked like there was over 10,000 BTC bought in less than 15 minutes on MTGox.  Crazy.

[ElectricMucus]

I would laugh my ass off if 99.90 was the top.

How do you call these kind of pricing?

[Tzupy]

I would laugh my ass off if 99.90 was the top.

Indeed.

[josiahgarber]

Not sure, though I am expecting to crack $200 by the end of the year.

[Birdy]

Welcome to triple digits again

before August the 1st was the right answer.

[BitChick]

My prediction

NEVER

Sorry.  I hope you are not too disappointed.  We are over $100  It took a couple days longer than I expected though. 

[superduh]

if blitz and others actually made a bet- they would have lost. no wonder noone wanted to put their bitcoins behind their predictions

[chufchuf]

I remember back in the day when bears used to be stylish- Proudhon called a 2 bitcoin bet when the price had shot up to just under 100, and he was also a closet bull. Ahh Blitz. These bears today they call turdy bets out of desperation and don't put their money where their mouth is.

The sperm has exploded out of the container.

[Tzupy]

My prediction

NEVER

Sorry.  I hope you are not too disappointed.  We are over $100  It took a couple days longer than I expected though. 

Well, that wasn't his only wrong prediction. In the mean time he probably bought all the BTC he afforded.