bitbeg (OP)
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December 07, 2013, 01:55:38 AM |
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It will happen. Concern is quickly going to turn into panic.
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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Singlebyte
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December 07, 2013, 01:57:31 AM |
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Thank you for your professional opinion. Will take it into consideration.
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revans
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December 07, 2013, 01:58:06 AM |
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It will happen. Concern is quickly going to turn into panic.
If it goes that low it will have hit full capitulation, the end result of that is usually a complete wipeout.
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SuperHakka
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December 07, 2013, 01:58:30 AM |
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fudge yeah, that's why i'm here
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'First they ignore you. Then they laugh at you. Then they attack you. Then you win.' - Mohandas Gandhi "Whenever I'm about to do something, I think, 'Would an idiot do this?' and if he would, I do not do that thing." - Dwight Schrute
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freebird
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Freedom through Cryptocurrency!
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December 07, 2013, 01:59:03 AM |
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Sounds like an amazing buying opportunity. Nothing has changed with bitcoin except that people who thought its future was mostly in China are now crapping their pants with fear. I never thought China was the future of bitcoin -- it's a Communist country with an extremely authoritarian government. America, Europe, India, the Middle East, and other parts of the world will be more than happy to buy cheaper bitcoins from the unfortunate sellers who thought this revolutionary new technology was just a quick speculative pump-and-dump driven by China.
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traderCJ
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December 07, 2013, 01:59:32 AM |
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Actually I heard it is going to $0.01, so everyone sell right now and jump in when it hits that number. "Be greedy when others are fearful."
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bitbeg (OP)
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December 07, 2013, 02:00:09 AM |
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No problem. Naturally, I'm speculating. Doing exactly the same thing as 99% of all BTC holders.
We're just about all equal in our professionalism at this point.
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Edward50
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December 07, 2013, 02:00:56 AM |
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Bitcoins are going to stabilize in the double digits. It was $13 in January, anything $20-$50 is a good price for a 100%-500% increase. You can't expect huge gains like this to be sustainable.
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Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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revans
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December 07, 2013, 02:02:38 AM |
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Bitcoins are going to stabilize in the double digits. It was $13 in January, anything $20-$50 is a good price for a 100%-500% increase. You can't expect huge gains like this to be sustainable.
In reality $5 would be a good price based on current utility as a currency. Might shake out all the speculators at least.
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bitbeg (OP)
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December 07, 2013, 02:05:19 AM |
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Bitcoins are going to stabilize in the double digits. It was $13 in January, anything $20-$50 is a good price for a 100%-500% increase. You can't expect huge gains like this to be sustainable.
Using reason, no, you shouldn't. I was speaking to a friend yesterday who was convinced BTC can grow infinitely. A lot of people here are thinking the exact same thing. Mass delusion is what this is.
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surfer43
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"Trading Platform of The Future!"
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December 07, 2013, 02:07:14 AM |
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When btc-e is higher than mt gox... you've got a problem
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Pente
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December 07, 2013, 02:08:58 AM |
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Next week would be perfect for $100, I get paid then, will pick up a couple more BTC.
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PenAndPaper
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December 07, 2013, 02:09:24 AM |
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I sold 0.5 bitcoins at 750$ If bitcoin goes 50 i 'll buy like 7 of those I don't think it's going to happen though. 500 maybe but 50
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bitbeg (OP)
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December 07, 2013, 02:10:21 AM |
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It might happen today folks.
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Paya
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December 07, 2013, 02:17:54 AM |
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I'd rather have btc more or less stable at 5$ than this bloody mess.
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Loki8
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December 07, 2013, 02:25:03 AM |
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Ibian
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December 07, 2013, 02:37:57 AM |
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If nothing else, at least these threads tell me who not to listen to. Keep on keeping on or whatever.
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Look inside yourself, and you will see that you are the bubble.
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evolve
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December 07, 2013, 02:40:26 AM |
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Nah. I dont think the crash is over, but I'd be surprised to see below $300 anytime soon.
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superduh
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December 07, 2013, 02:48:34 AM |
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It will happen. Concern is quickly going to turn into panic.
how many bitcoins do you wish to bet? (escrowed)
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ok
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superduh
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December 07, 2013, 02:49:47 AM |
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Bitcoins are going to stabilize in the double digits. It was $13 in January, anything $20-$50 is a good price for a 100%-500% increase. You can't expect huge gains like this to be sustainable.
In reality $5 would be a good price based on current utility as a currency. Might shake out all the speculators at least. are you EM's alter ego? who pays you to post on here?
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ok
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Singlebyte
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December 07, 2013, 02:50:36 AM |
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If nothing else, at least these threads tell me who not to listen to. Keep on keeping on or whatever.
That's why we have an IGNORE toggle on the left under their name! :-)
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Ibian
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December 07, 2013, 03:07:31 AM |
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If nothing else, at least these threads tell me who not to listen to. Keep on keeping on or whatever.
That's why we have an IGNORE toggle on the left under their name! :-) I reserve that for especially obnoxious people. As annoying as the specimens in this thread are, one must know faulty arguments to be able to deal with them.
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Look inside yourself, and you will see that you are the bubble.
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emanymton
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December 07, 2013, 03:34:47 AM |
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If nothing else, at least these threads tell me who not to listen to. Keep on keeping on or whatever.
That's why we have an IGNORE toggle on the left under their name! :-) I reserve that for especially obnoxious people. As annoying as the specimens in this thread are, one must know faulty arguments to be able to deal with them. Referring to people as specimens is enough to qualify as especially obnoxious in my books
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PenAndPaper
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December 07, 2013, 03:55:21 AM |
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Seriously? A crash to $30? Not 35, not 25 but 30$...
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ajax3592
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Crypto News & Tutorials - Coinramble.com
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December 07, 2013, 07:32:30 AM |
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Oh my, it looks so possible after it just touched 550 on stamp.
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Habeler876
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December 07, 2013, 07:47:56 AM |
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i don't see $100, but possibly $300. we'll see! it should be an interesting weekend.
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shadowninjax
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December 07, 2013, 08:35:48 AM |
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it does look like it will fall to $200, given the current downward trend.
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ajax3592
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Crypto News & Tutorials - Coinramble.com
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December 07, 2013, 08:41:45 AM |
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it does look like it will fall to $200, given the current downward trend.
In my opinion market will stabilize at $150-200 price point.
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yurimir
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December 07, 2013, 11:27:19 AM |
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IMHO $450
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Manna
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December 07, 2013, 11:39:11 AM |
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100$ ? I would also say 450-460 should be a good target for buying. 100$ would be a christmas gift for all but also does damage to the mid-term trend.
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Wilhelm
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December 07, 2013, 11:55:35 AM |
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I noticed a typo in the TT. $100 should be $1000
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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bitbeg (OP)
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December 07, 2013, 04:40:59 PM |
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It will keep dropping. People would have already been trying to buy up 'cheap' coins at $600-$700, but they're not. They will continue to wait until it bottoms out at around $100.
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beaconpcguru
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Hello
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December 07, 2013, 04:51:22 PM |
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Not going to have the same drastic effect of April due to . 1)Lack of Blockchain forking 2) Lack of Exchange Singularity 3) Lack of Additional onset panic from the prior two concerns. We didn't have a blockchain split, we had a whale dump 5000 coins on a low moral day, with misinterprited news and he dumped 5000 more after the ending of the GoxLoop™ and was able to get his coins back +40%... dont let the dream drive you to greed.
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Ibian
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December 07, 2013, 05:08:52 PM |
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It will keep dropping. People would have already been trying to buy up 'cheap' coins at $600-$700, but they're not. They will continue to wait until it bottoms out at around $100.
https://bitcoinaverage.com/#USDSee all those places where the squiggly line is going up? That's people buying. Not going to have the same drastic effect of April due to . 1)Lack of Blockchain forking 2) Lack of Exchange Singularity 3) Lack of Additional onset panic from the prior two concerns. We didn't have a blockchain split, we had a whale dump 5000 coins on a low moral day, with misinterprited news and he dumped 5000 more after the ending of the GoxLoop™ and was able to get his coins back +40%... dont let the dream drive you to greed.
Yeah, it'l blow over within a few weeks. Might take a while to get back to the old levels if china really is backing out, but personally I can live with a tenfold increase every year instead of the 100fold we had until recently.
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Look inside yourself, and you will see that you are the bubble.
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PenAndPaper
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December 07, 2013, 05:46:03 PM |
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I wonder where all those die hard hoarders are... You know the usual ones that started screaming "Panic sellers are idiots more cheap coins for us". Here are your cheap coins. Why don't you buy? ?
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domob
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December 07, 2013, 06:04:05 PM |
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I wonder where all those die hard hoarders are... You know the usual ones that started screaming "Panic sellers are idiots more cheap coins for us". Here are your cheap coins. Why don't you buy? ? While I'm not one of those posting about "cheap coins" usually, I did buy some now (although I didn't have much fiat at the exchanges since I'm mostly holding and already have some coins in cold storage) and don't regret it.
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Use your Namecoin identity as OpenID: https://nameid.org/Donations: 1 domobKsPZ5cWk2kXssD8p8ES1qffGUCm | NMC: NC domobcmcmVdxC5yxMitojQ4tvAtv99pY BM-GtQnWM3vcdorfqpKXsmfHQ4rVYPG5pKS | GPG 0xA7330737
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papaminer
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December 07, 2013, 06:22:30 PM |
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OP is delusional... he/she wish to buy our coins CHEAP... don't let him/her i think hes a she or shes a he...
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฿: 1L7dSte4Rs4KyyxRCgrqSWYtkXdAb4Gy1z MORE INFO ABOUT ME: BTC
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Paladin69
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December 07, 2013, 06:28:34 PM |
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It's amazing how people shit their pants when this happens...lol
Buy in @ intervals and sell @ intervals.
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hromobiti
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December 07, 2013, 06:31:54 PM |
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I wonder where all those die hard hoarders are... You know the usual ones that started screaming "Panic sellers are idiots more cheap coins for us". Here are your cheap coins. Why don't you buy? ? I did at 720, I consider it good price. But I sold at about 1000, that why 720 is good price for me
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bitbeg (OP)
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December 07, 2013, 06:38:46 PM |
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OP is delusional... he/she wish to buy our coins CHEAP... don't let him/her i think hes a she or shes a he... Bitcoin is mass delusion. Anyone who denies this is fully taking part in it.
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PenAndPaper
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December 07, 2013, 07:22:49 PM |
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I wonder where all those die hard hoarders are... You know the usual ones that started screaming "Panic sellers are idiots more cheap coins for us". Here are your cheap coins. Why don't you buy? ? I did at 720, I consider it good price. But I sold at about 1000, that why 720 is good price for me I 'm not talking about you. I 'm talking about hoarders. You look like you are day trading.
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papaminer
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December 07, 2013, 07:49:53 PM |
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OP is delusional... he/she wish to buy our coins CHEAP... don't let him/her i think hes a she or shes a he... Bitcoin is mass delusion. Anyone who denies this is fully taking part in it. funny thing is that your username is bitbeg... what does it mean? ur begging for bitcoins? lol
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฿: 1L7dSte4Rs4KyyxRCgrqSWYtkXdAb4Gy1z MORE INFO ABOUT ME: BTC
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evolve
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December 07, 2013, 08:28:43 PM |
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Can someone explain why someone who calls BTC at $10000 is fine (up 14 times from current price) but someone calling $100 (down 7.25 from current price) is crazy...
Because it upsets the hugbox. I personally dont think we will be seeing either price anytime soon though. Right now. I'd be surprised if we saw below 300 for any significant amount of time. 10000 is a pipe dream IMO.
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T.Stuart
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December 07, 2013, 08:37:25 PM |
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Can someone explain why someone who calls BTC at $10000 is fine (up 14 times from current price) but someone calling $100 (down 7.25 from current price) is crazy...
Because it upsets the hugbox. I personally dont think we will be seeing either price anytime soon though. Right now. I'd be surprised if we saw below 300 for any significant amount of time. 10000 is a pipe dream IMO. Care to narrow that down just a little more?
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PenAndPaper
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December 07, 2013, 08:44:28 PM |
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Can someone explain why someone who calls BTC at $10000 is fine (up 14 times from current price) but someone calling $100 (down 7.25 from current price) is crazy...
Because you are on a forum about bitcoins and pretty much everyone here believes in the coin's long term value. (Some may speculate in the mean time but i think they are into bitcoin as well)
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JimboToronto
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You're never too old to think young.
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December 07, 2013, 08:56:50 PM |
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Next week?
Probably 700- 1000, possibly 600-1100, long shot of <500 or ATH.
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dm8
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December 07, 2013, 09:02:20 PM |
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12m+ coins even at 1k USD is still chicken feed in the global market and just as susceptible to pump+dump as any other cryto. only time and an expanded market will give us a stable value of coins, until then its gonna be a rollercoaster
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Odalv
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December 07, 2013, 09:06:07 PM |
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YES.. LOVE it.. Hope it keeps going down.. Bot I use got me out of Bitcoin at $998... All Cash now baby.. I sleep well at night.. Now my Bot will buy a BUNCH more BTC once the price starts back up.. Buy And Hold? ?? hahahahahahahahahahahahahahahahahahah Do not forget to buy back. Train is leaving. :-) Choo Chooo MOFO
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niothor
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December 07, 2013, 10:04:24 PM |
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It will happen. Concern is quickly going to turn into panic.
Price per BTC or m BTC?
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niothor
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December 07, 2013, 10:05:05 PM |
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No problem. Naturally, I'm speculating. Doing exactly the same thing as 99% of all BTC holders.
We're just about all equal in our professionalism at this point.
Nope , what you are doing is called spreading FUD.
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niothor
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December 07, 2013, 10:06:11 PM |
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Can someone explain why someone who calls BTC at $10000 is fine (up 14 times from current price) but someone calling $100 (down 7.25 from current price) is crazy...
Well , rptiella called the 300k price and we all know what he was labeled
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beetcoin
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December 08, 2013, 02:05:34 AM |
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on bitcointalk.org, everyone is a superpro genius economist/investor.. until they are not.
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torrentheaven
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December 08, 2013, 02:21:28 AM |
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I thought this thread is from early 2013, but wait, OP posted this prediction today $100 next week is as unrealistic as ATH next week
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Mistafreeze
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December 08, 2013, 02:30:14 AM |
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$100 very soon.
I certainly hope so. My position could use an influx of cheap coin
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Money Raccoon
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December 08, 2013, 02:37:15 AM |
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I would be quite worried if we saw $100 again.
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joshv06
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December 08, 2013, 02:38:46 AM |
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I would be quite worried if we saw $100 again.
I would buy at 100. It's I can't see it getting that low.
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windjc
Legendary
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December 08, 2013, 02:39:46 AM |
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Can someone explain why someone who calls BTC at $10000 is fine (up 14 times from current price) but someone calling $100 (down 7.25 from current price) is crazy...
I think I can. The reason $100 is unlikely - only a factor or 2 more likely than $0 (which you might think is likely, but that's another story) - is because when the price was $120, Second Market started taking investments that could not leave the market place for 12 months. Tens of millions have gone into the market that can't come out for a long time. Meanwhile the rally has attracted ten of thousands of investors and traders into the market. Every one of them would have to leave along with $$$ that was there previous to $120. So unless someone just wants to dump 100k coins on a market order, which would never happen for obvious reasons, $100 is prettu unlikely unless we pass it along the way to $0. Meanwhile 10k is only about 8.5x the ATH. And BTC went up about 60x in value this year. So its not unheard of.
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Ibian
Legendary
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December 08, 2013, 11:42:58 AM |
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People have trouble with the exponential function. Used to call $100 crazy and unsustainable too.
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Look inside yourself, and you will see that you are the bubble.
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katie1348
Newbie
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December 08, 2013, 11:49:51 AM |
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BTC could well now be into its stabilization phase.
This is where there have been enough coins mined and the prospect of getting the rest wills start to look like the preserve of the few deep pocketed miners. Most will abandon mining as it get harder and the investment goes up. They are costing more to produce.
If this is a phase with BTC finding its true price, then the speculators will make a lot more money, both BTC and other currencies.
After all, what is value and wealth. Are you thinking short term or long term?
K
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GriTBitS
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“A decentralized registry for unique assets”
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December 08, 2013, 01:59:42 PM |
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I bet Alessio Rastani feels like a f#cking retard right now!!!! The worst thing about traders is when they try to be f#cking physics!!! If I wanted to know the future I would just break out my Ouija board. Its a clear sign that any time any of these f#cking analysts or traders make big claims like this. The market will go in the exact other direction. Stock Market perfect example... Upgrades and downgrades.... Yeah it might pop in that direction for 1-3 days but then stand by for it to go the other way,,, they predict that shit at the end of a move to get the final exhaust buyers in there that feel like the missed the train and jump on just as it goes over the fucking cliff... That BOA shit about 1300 was a perfect example of that bullshit on wall street.. Yeah it has potential to be at 1300 but profsionals aren't going to buy it at 1200 for a small 8% gain so that every person that bought it at 1k sells at 1300 and the guy can't get out with their large position...
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Heutenamos
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December 08, 2013, 02:29:28 PM |
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Panic sells ended, I dont see how $100 could be reached, you would need to dump a lot of cheap coins, too much risk for whale
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yo
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PenAndPaper
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December 08, 2013, 06:28:42 PM |
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It will happen. Concern is quickly going to turn into panic.
Although your technical analysis is thorough and well done, i tend to disagree
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papaminer
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December 08, 2013, 06:38:04 PM |
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i don't think he have the guts to reply to this thread anymore...
he failed failing...
lol
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฿: 1L7dSte4Rs4KyyxRCgrqSWYtkXdAb4Gy1z MORE INFO ABOUT ME: BTC
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jones31
Newbie
Offline
Activity: 28
Merit: 0
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December 13, 2013, 02:19:29 AM |
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3 more days. OP! Any news on the below $100 ETA?
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pand70
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December 13, 2013, 02:34:02 AM |
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I don't think jpm can file their patent that fast
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exstasie
Legendary
Offline
Activity: 1806
Merit: 1521
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December 13, 2013, 08:02:37 PM |
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3 more days. OP! Any news on the below $100 ETA?
It's getting a bit closer to $100............Dont' think we'll ever see it that low again! Too much demand for it now to drop under $500 i think. I know if it dropped to $500 i'd probably run out and buy a few more BTC at that price.
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RodeoX
Legendary
Offline
Activity: 3066
Merit: 1145
The revolution will be monetized!
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December 13, 2013, 08:05:26 PM |
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Ok on this advice I sold all my coins for $150. Thanks for the heads up.
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bitbeg (OP)
Newbie
Offline
Activity: 50
Merit: 0
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December 18, 2013, 01:12:02 PM |
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i don't think he have the guts to reply to this thread anymore...
he failed failing...
lol
I might have been off by a couple of weeks. To all the people that said it will never go down to $100-- let's just wait and see.
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PenAndPaper
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December 19, 2013, 06:21:27 AM |
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Next week is here and the lowest price was around 400. Wanna make another guess?
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niothor
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December 19, 2013, 06:25:22 AM |
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Next week is here and the lowest price was around 400. Wanna make another guess?
Common , if the title would have been 400 ,people would still have laughed one week ago. But many of those really pissed their pants the last two days.
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Bitbuy
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December 19, 2013, 07:38:28 AM |
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Next week is here and the lowest price was around 400. Wanna make another guess?
Common , if the title would have been 400 ,people would still have laughed one week ago. But many of those really pissed their pants the last two days. Gotta love Bitcoin, what a ride!
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piramida
Legendary
Offline
Activity: 1176
Merit: 1010
Borsche
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December 19, 2013, 08:11:33 AM |
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i don't think he have the guts to reply to this thread anymore...
he failed failing...
lol
I might have been off by a couple of weeks. To all the people that said it will never go down to $100-- let's just wait and see. wanna bet that it hits 1000 before it hits 100? we will select a trusted member for escrow.
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i am satoshi
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Ibian
Legendary
Offline
Activity: 2268
Merit: 1278
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December 20, 2013, 12:34:32 AM |
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Oh hell yea, totally making a bet on that.
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Look inside yourself, and you will see that you are the bubble.
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BitBOOM
Member
Offline
Activity: 69
Merit: 10
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December 20, 2013, 12:38:34 AM |
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I dont think we will see $100 again ever
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Argwai96
Legendary
Offline
Activity: 1036
Merit: 1000
Thug for life!
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December 20, 2013, 12:38:37 AM |
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Next week is here and the lowest price was around 400. Wanna make another guess?
Common , if the title would have been 400 ,people would still have laughed one week ago. But many of those really pissed their pants the last two days. true that! what a crazy few days..... i may collapse from no sleep soon
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hope4me
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December 20, 2013, 12:58:23 AM |
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$100 not likely, too many buying Bitcoins when price falling. Only possible if some idiot dumped a lot of coins at once, like 100,000 Bitcoins
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