Bitcoin will plummet to $10 by first half of 2014

[nwfella]

Holy crap!  I had better get to dumping my few coins.  Times a runnin out!! :p

[freedomno1]

Holy crap!  I had better get to dumping my few coins.  Times a runnin out!! :p

By a few coins I would say as many as Satoshi can give away
^_^ Ah the month long joke carries on

[Harley997]

Well we are at that point now and guess what? It has actually increased LOL

Three more weeks to go yet!
Hahaha.
No.

Yes Bitcoin will drop down to 10 bucks a pop....

I would buy a thousand at that price.

When BTC "really" was trading at $10 per bitcoin they were much more risky then they were now.

If the price of BTC were to fall by 90%+ in a span of 6 months then it would be very nerveracking to be buying during the fall.

[jeffersonairplane]

Well I figured a lot of people would Buy Bitcoin in a hope they would increase in price again.

[percocet]

Bitcoin will NEVER be in the two digits ever again, let alone $10!

[NEM minnow]

Around $300 should be the low:

http://www.forbes.com/sites/jessecolombo/2013/12/19/bitcoin-may-be-following-this-classic-bubble-stages-chart/

Around $300 should be the low:

http://www.forbes.com/sites/jessecolombo/2013/12/19/bitcoin-may-be-following-this-classic-bubble-stages-chart/

I give you a nod sir.  Great call.

[gigEls]

Seems quite unlikely at the moment 

[okthen]

Around $300 should be the low:

http://www.forbes.com/sites/jessecolombo/2013/12/19/bitcoin-may-be-following-this-classic-bubble-stages-chart/

Around $300 should be the low:

http://www.forbes.com/sites/jessecolombo/2013/12/19/bitcoin-may-be-following-this-classic-bubble-stages-chart/

I give you a nod sir.  Great call.

AnonyMint was almost spot on.
But I must say, that chart was published ad nauseam, with everyone calling a different bottom.
Someone had to get it right.

[dadugan]

Yes.

Broken clock will right twice a day. Price were predicted all over the place and someone has to be right and most will be wrong.

[vlad1m1r]

Yes.

Broken clock will right twice a day. Price were predicted all over the place and someone has to be right and most will be wrong.

[GigaBit]

Well, technically the first half isn't over yet until July 1st and he may not be too far off.

Lots happening in the financial circles around that time, all can look it up, so I am not socked why he picked that date.  I'd also be willing to bet that he has some Bitcoin himself but is scared his students will by them and leave his class or have so much money that they would no longer listen to him.  Kids that age are so easily influenced and blinded, especially by someone who is apparently, or claims to be an authority on a subject.

Yeah, some teachers will do that, some teachers just hate kids and just look at them as a paycheck.

[ljudotina]

To "less than 10$" guy:

Tick tock motherfucker! Tick, fucking tock!

He was asked to put some money where he's mouth are....he chickened out. That's all you need to know about him. Man that does not stand behind his words.

[nwfella]

To "less than 10$" guy:

Tick tock motherfucker! Tick, fucking tock!

He was asked to put some money where he's mouth are....he chickened out. That's all you need to know about him. Man that does not stand behind his words.

lmao...I wouldn't be at all surprised if he's setting up his coinbase account right now and buying whatever bitcoin he can!

[Androidicus]

Oh dear - just hit $596.40 on Bitstamp...

The end of the world is nigh!

 

Seems strange when Expedia announce that they will accept BTC - they added that they will cash out to fiat every 24 hours though...

[Gyfts]

Well this thread couldn't be more wrong. We're not even close to some type of Bitcoin plummet. After Mt. Gox, I think that is as far as it'll go for the drop of BTC. I could be wrong, but I know I'm not

[Androidicus]

Just another g-force dip on the great BTC rollercoaster!

[ljudotina]

To "less than 10$" guy:

Tick tock motherfucker! Tick, fucking tock!

He was asked to put some money where he's mouth are....he chickened out. That's all you need to know about him. Man that does not stand behind his words.

lmao...I wouldn't be at all surprised if he's setting up his coinbase account right now and buying whatever bitcoin he can!

I would just like to see him now...hear his answers when his students ask him about this...seeing him swet, knowing he turned out to be really stupid.

[ShakyhandsBTCer]

oooh professor bitcorns time is running out! 

There is speculation that the professor was paid to say what he did. This speculation is based on his demeanor during his speech. He didn’t seem all to calm and actually appeared nervous during his prediction as if he was all too confident.

His prediction was just a ploy to get attention and that is what he got.

By making a lot of noise he probably got some amount of funding for research that was not necessary.

[BetMoose]

oooh professor bitcorns time is running out! 

There is speculation that the professor was paid to say what he did. This speculation is based on his demeanor during his speech. He didn’t seem all to calm and actually appeared nervous during his prediction as if he was all too confident.

His prediction was just a ploy to get attention and that is what he got.

By making a lot of noise he probably got some amount of funding for research that was not necessary.

Next time we're forcing the professor to put real money behind this (or coin). I will easily take him up on that bet up to maybe $100K/~150BTC.

[BetMoose]

I made a bet for mr. bitcorn:

___________

$10 Bitcoin by June 30th, 2014Options: Yes | No