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Author Topic: Bitcoin will never reach $20 again  (Read 40339 times)
robocoin
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January 26, 2013, 12:12:26 AM
 #281

Ja, PR was the wrong word. For my part I like the volatility, just for the thrill. But thats not good at all, less volatility would probably encourage more peolple to store some savings in BTC because they might think BTC could be worth more than gold sometime, like I do. Every super rich kid and some early adopters, have the power to crash or pump it. 200 mio market cap is a joke when it comes to stability. That is what I mean with time will tell.
dancupid
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January 26, 2013, 05:23:44 PM
 #282

Quote
At least we've put the despair part behind us.

I have, but a newbie who bought at $18 2 days ago may feel differently. It's very likely that for many people their first experience of bitcoin is negative (at least for a few days).
Most of us are not natural speculators and to be thrown into the world of speculation can be a shock.
cypherdoc
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January 26, 2013, 07:32:47 PM
 #283

Quote
At least we've put the despair part behind us.

I have, but a newbie who bought at $18 2 days ago may feel differently. It's very likely that for many people their first experience of bitcoin is negative (at least for a few days).
Most of us are not natural speculators and to be thrown into the world of speculation can be a shock.

this is why i coach patience.
twolifeinexile
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January 28, 2013, 03:10:34 PM
 #284

Quote
At least we've put the despair part behind us.

I have, but a newbie who bought at $18 2 days ago may feel differently. It's very likely that for many people their first experience of bitcoin is negative (at least for a few days).
Most of us are not natural speculators and to be thrown into the world of speculation can be a shock.

this is why i coach patience.

They feel a little better now, still 10% from $20 mark.
This thread will be resurrected one the mark is passed, but I guess it take a little patience to get to that point
Ente
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January 28, 2013, 07:36:32 PM
 #285

Quote
At least we've put the despair part behind us.

I have, but a newbie who bought at $18 2 days ago may feel differently. It's very likely that for many people their first experience of bitcoin is negative (at least for a few days).
Most of us are not natural speculators and to be thrown into the world of speculation can be a shock.

this is why i coach patience.

They feel a little better now, still 10% from $20 mark.
This thread will be resurrected one the mark is passed, but I guess it take a little patience to get to that point

Gosh, it could be *days*! /impatient

:-)

Ente
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January 28, 2013, 07:58:32 PM
 #286

This is why I have liquidated my position in Bitcoins.  There is very little upside going forward.  No forward moves of late have any traction whatsoever and demand continues to lag.  Way too little upside for such a risky proposition so my advice is to move into dollars.  Only a significant change in the economy could alter this forecast.

You want to make a bet on bitcoin never reaching $20 again ?  Grin
Rassah
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January 28, 2013, 09:01:02 PM
 #287

This is why I have liquidated my position in Bitcoins.  There is very little upside going forward.  No forward moves of late have any traction whatsoever and demand continues to lag.  Way too little upside for such a risky proposition so my advice is to move into dollars.  Only a significant change in the economy could alter this forecast.

You want to make a bet on bitcoin never reaching $20 again ?  Grin

I'm pretty sure he's long gone. Last post of his was over a year ago...
twolifeinexile
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January 28, 2013, 09:42:55 PM
 #288

Quote
At least we've put the despair part behind us.

I have, but a newbie who bought at $18 2 days ago may feel differently. It's very likely that for many people their first experience of bitcoin is negative (at least for a few days).
Most of us are not natural speculators and to be thrown into the world of speculation can be a shock.

this is why i coach patience.

They feel a little better now, still 10% from $20 mark.
This thread will be resurrected one the mark is passed, but I guess it take a little patience to get to that point

Gosh, it could be *days*! /impatient

:-)

Ente

$20 probably would have a fight and even a correction. Not a easy reach, so I'd say weeks.
Spaceman_Spiff
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January 28, 2013, 10:39:11 PM
 #289

Gosh, it could be *days*! /impatient

:-)

Ente

$20 probably would have a fight and even a correction. Not a easy reach, so I'd say weeks.

Heck no!  Days it is !
kano
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January 28, 2013, 11:01:08 PM
 #290

Quote
At least we've put the despair part behind us.

I have, but a newbie who bought at $18 2 days ago may feel differently. It's very likely that for many people their first experience of bitcoin is negative (at least for a few days).
Most of us are not natural speculators and to be thrown into the world of speculation can be a shock.
And today that newbie would be happy Smiley
(If they hadn't sold them yet)

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Herodes
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January 28, 2013, 11:04:26 PM
 #291

This is why I have liquidated my position in Bitcoins.  There is very little upside going forward.  No forward moves of late have any traction whatsoever and demand continues to lag.  Way too little upside for such a risky proposition so my advice is to move into dollars.  Only a significant change in the economy could alter this forecast.

You want to make a bet on bitcoin never reaching $20 again ?  Grin

I'm pretty sure he's long gone. Last post of his was over a year ago...

You think he's dead? What sad news! R.I.P!!!
Richy_T
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January 29, 2013, 09:26:12 PM
 #292

It may not quite make 20 but tonight I'm gonna party like it's $19.99.

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waspoza
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January 30, 2013, 01:02:45 AM
 #293

It may not quite make 20 but tonight I'm gonna party like it's $19.99.

Oh, thanks for reminding me  Grin http://www.youtube.com/watch?v=6yB5Dh4F7Es
Hexadecibel
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January 30, 2013, 01:12:18 AM
 #294

It may not quite make 20 but tonight I'm gonna party like it's $19.99.

I lol'd
piramida
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January 31, 2013, 05:29:57 AM
 #295

so how many minutes until "never" ends? Smiley it looks like today is the end of this topic.

i am satoshi
arepo
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this statement is false


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January 31, 2013, 05:39:52 AM
 #296

so how many minutes until "never" ends? Smiley it looks like today is the end of this topic.

we're still about $150,000 away. it actually looks like today is the end of this bull run...

this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
memvola
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January 31, 2013, 06:49:48 AM
 #297

so how many minutes until "never" ends? Smiley it looks like today is the end of this topic.

we're still about $150,000 away. it actually looks like today is the end of this bull run...

Don't be silly, it cannot collapse before breaking 20. Don't know if it can be sustained above 20, though we are getting excellent press recently, so I can see the rate rising.
lebing
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January 31, 2013, 06:52:28 AM
 #298

It may not quite make 20 but tonight I'm gonna party like it's $19.99.


Bro, do you even blockchain?
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twolifeinexile
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January 31, 2013, 07:12:01 AM
 #299

It may not quite make 20 but tonight I'm gonna party like it's $19.99.



Officially get above 20
mufa23
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January 31, 2013, 07:12:09 AM
 #300

It may not quite make 20 but tonight I'm gonna party like it's $19.99.

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