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

[superduh]

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.

only for pools. non-solo asic operators don't generate bitcoins. it gets sent to them by the pool ops. legally speaking FINCEN guidelines aren't actually correct (and US centric). the protocol pays pool operators who then redistribute to "miners". anyways

[Chalkbot]

Guess how I voted?   

[phorensic]

Oh man I was right on this poll.  Woohoo!  What do I win?

[humanitee]

Oh man I was right on this poll.  Woohoo!  What do I win?

A vial of Blitz's tears.

[JimboToronto]

Seems the majority was right.

[vokain]

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.

hehe reminds me of my friend's dad to  him, "Colin! You're a waste of sperm!"

[Birdy]

Seems the majority was right.

Only if you discard the fact that a lot if of the before 1st votes were made when it was already very close to $100.
The majority was "not until September / October 2013" before.

[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.

hehe reminds me of my friend's dad to  him, "Colin! You're a waste of sperm!"

Actually, I'm not in the mood now but next time there's a bull run I'll post one of my 'penguins and sheep while having sex with each other will drive the price down to 20 buckaroonies' threads, because clearly thats when Blitz goes awol!

[Asteral]

Seems the majority was right.

Actually, at the time of this post only 28.5% voted that we would see $100 before August 1st, 2013...This is not a majority.

[Kazu]

[X] not until after 2014

Attention we have a troll.

[JimboToronto]

Seems the majority was right.

Actually, at the time of this post only 28.5% voted that we would see $100 before August 1st, 2013...This is not a majority.

I thought of that before posting and considered using the word "plurality" but figured that sounded a little pedantic.

I think most people realize I meant the option with the most votes.

[JimboToronto]

okay ppl. just as the topic states. cast yer votes.  

Seeing that the poll is still open until January, does that mean we're now voting for when we think the price will fall below 100? 

[Tzupy]

I vote that by the end of August 2013 the price will fall once below 100$ on MtGox.
That's after a bubble spike that may rise beyond 200$. And then it may rise above 100$ again.

PS. not related to the OT, but my activity is stuck at 56, for about 15 posts, that's strange, anyone can explain?

[RationalSpeculator]

I admit, I was wrong.

[theDF]

I think it will reavh 100 on the end of this year
just guessing :p

[vokain]

I WAS RIGHT!!!!! WOOHOO

ego +1

[Nemo1024]

$100 on BitStamp today, yay!

[vokain]

Has anyone been paying attn to bit stamp bid/ask depth? How correlated is it to mtgox's order book?

[rampantparanoia]

seems 2014 came early this year.

[Impaler]

Has anyone been paying attn to bit stamp bid/ask depth? How correlated is it to mtgox's order book?

I've been watching it a bit and it looks like USD are stable around 1.1 million but coins might be starting to decline slightly, though it is rising rapidly relative to Gox, earlier I noted bitstamp had about 1/5th the coin depth of Gox, its now 1/4th.  The USD depth/ BTC depth would now predict a price of around $50 on bitstamp but last time I checked that same comparison was around $40.  This would seem to indicate that people are not moving BTC their from Gox or if they are they are not accumulating.  The rising volume on bitstamp would support that.