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Question: Whats the next big move in the chapter of Bitcoin?
A Dump - 16 (23.2%)
A Pump - 25 (36.2%)
Pump 'n Dump double whammy - 15 (21.7%)
God I'm scared...don't ask me.. - 10 (14.5%)
It will stay @ $10 forever - 3 (4.3%)
Total Voters: 68

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Author Topic: Next chapter in the life of Bitcoin?  (Read 2765 times)
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August 12, 2011, 11:59:24 AM

My vote is it will be worth 100USD per BTC before XMass, and then the upward speed will start to stabilize.

Why? Because believing in that reality makes me happy, that's why.

And what exactly do you think will cause this huge demand for bitcoins in the next 4 months? As for my prediction, Bitcoins will continue to sputter along, slowly dropping in price, maybe stabilizing at ~4-5 dollars by being bought out by naive nerds who think they are "getting in early". 

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August 12, 2011, 12:10:13 PM

And so we reach the end of this chapter in the life of Bitcoin and the results are out:

First we got a dump, a small pump, then another dump. So it seems the dumps have it. In the process Bitcoin lost approximately $1 of its value. It would be safe to conclude over the period of this chapter that the market was still bearish.

Stay tuned for the next exciting episode of Bitcoin.

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