Double Digits incoming!

[Mirsad]

Be warned! Just watch the charts -> decline is way faster then the uptrend was. Normally the crash is way slower then this!
Some exchanges are going to have liquidity problems. Let's unroll the big pyramide scheme 

Sorry for all the pigs that bought over 100$ !

Never buy in a rally -> you lose more then you gain, if you don't know anything about profittaking -> buy and hold won't save you this time.

Thanks to all the bulls @ pigs for the nice profit. Going back to hibernation. Bear out.

[kireinaha]

Be warned! Just watch the charts -> decline is way faster then the uptrend was. Normally the crash is way slower then this!
Some exchanges are going to have liquidity problems. Let's unroll the big pyramide scheme 

Sorry for all the pigs that bought over 100$ !

Never buy in a rally -> you lose more then you gain, if you don't know anything about profittaking -> buy and hold won't save you this time.

Thanks to all the bulls @ pigs for the nice profit. Going back to hibernation. Bear out.

Damn, double digits again? This sucks, man. Everyone told me we would be at least $5,000 by the end of this month.

[Gimmelfarb]

Be warned! Just watch the charts -> decline is way faster then the uptrend was. Normally the crash is way slower then this!
Some exchanges are going to have liquidity problems. Let's unroll the big pyramide scheme 

Sorry for all the pigs that bought over 100$ !

Never buy in a rally -> you lose more then you gain, if you don't know anything about profittaking -> buy and hold won't save you this time.

Thanks to all the bulls @ pigs for the nice profit. Going back to hibernation. Bear out.

hehe, waiting for double digits might leave you waiting a long time. forever maybe. i think we might crash another 65% from here though.

[removebeforeflight]

Yuk..yuk...yuk all I want for Christmas is double digits...

[JimboToronto]

Yep. It's those bull's fault that Bitcoins will only be worth pennies.  

[Edward50]

I agree with you about the double digits. From my research and having been around bitcoin during the first bubble we will eventually see double digits before this is all over.


Don't look at this as bad, just don't expect such large gains so quickly. Bitcoin in January was $13 dollars, say bitcoin settles around $30-$50 dollars, that's a 300% gain.

Remember, there are millions of bitcoins around, and more being mined every day. The bitcoin market is very tiny and even less people willing to buy bitcoins. Most people who own bitcoin have paid very little for them.

It may be a bumpy ride to single digits but do not expect a quick peak like we had. It would be too easy for people to get rich as everyone is expecting that to happen. It will not happen because the big market players will lose to much money because everyone expects a bounce back to $1000.

[smoothie]

...incoming weak hands! 

[mufa23]

I am going to make so much off of this panic...  

No miner is ever going to sell below triple digits again. Dif is way to high, and you need to pay that hardware off.

[raskolnikovx]

Be warned! Just watch the charts -> decline is way faster then the uptrend was. Normally the crash is way slower then this!
Some exchanges are going to have liquidity problems. Let's unroll the big pyramide scheme 

Sorry for all the pigs that bought over 100$ !

Never buy in a rally -> you lose more then you gain, if you don't know anything about profittaking -> buy and hold won't save you this time.

Thanks to all the bulls @ pigs for the nice profit. Going back to hibernation. Bear out.

Its just the panic sellers + the weekend dip.
Wait for Monday ...

[TeeBone]

I agree with you about the double digits. From my research and having been around bitcoin during the first bubble we will eventually see double digits before this is all over.


Don't look at this as bad, just don't expect such large gains so quickly. Bitcoin in January was $13 dollars, say bitcoin settles around $30-$50 dollars, that's a 300% gain.

Remember, there are millions of bitcoins around, and more being mined every day. The bitcoin market is very tiny and even less people willing to buy bitcoins. Most people who own bitcoin have paid very little for them.

It may be a bumpy ride to single digits but do not expect a quick peak like we had. It would be too easy for people to get rich as everyone is expecting that to happen. It will not happen because the big market players will lose to much money because everyone expects a bounce back to $1000.

On point, though i think your estimate is a little low. Around $125 is where i see it settling. People shelling out $1200 for bitcoins at this stage in the game is madness, bubble was so obvious.

[pera]

double digits may be possible on, say, btc-e, if we have more bad news over the next couple of days... but the odds are low

[KeyserSozeMC]

Most I hate about those idiots calling themselves ''trolls'' that they don't know what trolling is and they show their idiocy to the public.

I enjoy watching people getting butthurt when they play the troll role.

This specific troll sat on a big dump. He lost lots of money and he's crying now, just to satisfy his ego.


PS: Bought 20 BTC @ price 645..  

[superduh]

i will bet you 10 btc escrowed there will be no double digits this year? you have any balls son?

[raskolnikovx]

i will bet you 10 btc escrowed there will be no double digits this year? you have any balls son?

Mirsad, you should accept this!
Maybe you can cover your loses by wining the 10 btc
 

[KeyserSozeMC]

i will bet you 10 btc escrowed there will be no double digits this year? you have any balls son?

Not just this year, probably never. Only if a World War occurs, there's a possibility : )

[wobber]

I can see 50, but anything lower than $20 will stigmate bitcoin forever. You cannot go down to 20 from 1200 and then rise up again like a little flower in the rays of sunshine, smiling and waving your fragile leafs in the breeze, with multicolored butterflies around you.

You can't.

[vitalemontea]

i will bet you 10 btc escrowed there will be no double digits this year? you have any balls son?

Not just this year, probably never. Only if a World War occurs, there's a possibility : )

I'd say Bitcoin would be more valuable if such war occurs, but who knows..

[KeyserSozeMC]

i will bet you 10 btc escrowed there will be no double digits this year? you have any balls son?

Not just this year, probably never. Only if a World War occurs, there's a possibility : )

I'd say Bitcoin would be more valuable if such war occurs, but who knows..

Yeah, it would be valuable when half of the world would be without electricity and wouldn't be able to use the computer.
Not?

[wobber]

The next World War won't be like 1st and 2nd. It's gonna either be nuclear either is gonna be economical, cyber OR a combination of those.

[pera]

btw the kind of bad news I was talking about would be something like btcchina getting hacked, some ugly bug on some popular bitcoin client, or more countries banning bitcoin as a currency..