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Author Topic: Crash to $2 imminent. Willing to bet.  (Read 9793 times)
wobber
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September 11, 2011, 03:04:22 PM
 #1

I bet on $100 that bitcoin will crash to $2. I am certain because everytime it crashed, it first went up 1-1.5 dollars. Today happened the same, from 4.7 to 6 or more.

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druid
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September 11, 2011, 03:06:41 PM
 #2

Im willing to bet...which period are we talking about?

Let us set the bet
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bitcoinTrader
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September 11, 2011, 03:07:40 PM
 #3

I bet on $100 that bitcoin will crash to $2. I am certain because everytime it crashed, it first went up 1-1.5 dollars. Today happened the same, from 4.7 to 6 15.9499 or more.

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September 11, 2011, 03:08:20 PM
 #4

I bet on $100 that bitcoin will crash to $2. I am certain because everytime it crashed, it first went up 1-1.5 dollars. Today happened the same, from 4.7 to 6 or more.

That's simply stupid! Obviously something to "crash" has to go up before, you don't see planes crash before they take of also...  Roll Eyes
But there's no such relation of going up x and down y. You're just jumping to a losing bet.
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September 11, 2011, 05:49:14 PM
 #5

If you really want to make this bet head over to http://Moonco.in and make it official.
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September 11, 2011, 05:50:01 PM
 #6

If you really want to make this bet head over to http://Moonco.in and make it official.

So what you guys gonna do?

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gw4tt
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September 11, 2011, 05:53:44 PM
 #7

Would be nice to see prices at $1 or so.

$2 is probably a bit high.
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September 11, 2011, 06:03:25 PM
 #8

Would be nice to see prices at $1 or so.

$2 is probably a bit high.

maybe it will happen today!

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anu
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September 11, 2011, 06:14:18 PM
 #9

I bet on $100 that bitcoin will crash to $2. I am certain because everytime it crashed, it first went up 1-1.5 dollars. Today happened the same, from 4.7 to 6 or more.

I take that bet provided you put  reasonable  limits to it, say that it has been under $2 for more than 1 day @ next Friday, 12:00 UTC.




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NothinG
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September 11, 2011, 07:07:28 PM
 #10

I bet on $100 that bitcoin will crash to $2. I am certain because everytime it crashed, it first went up 1-1.5 dollars. Today happened the same, from 4.7 to 6 or more.

I take that bet provided you put  reasonable  limits to it, say that it has been under $2 for more than 1 day @ next Friday, 12:00 UTC.




http://betsofbitco.in/item?id=98

wobber
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September 11, 2011, 07:12:12 PM
 #11

Yeah, I saw the moonco.in. Fabolous!

@anu: price down for 3 days would be a crash for me, otherwise just a spike down.

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coinjedi
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September 11, 2011, 07:21:01 PM
 #12


I've just approved this bet in case anyone wants to join.

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Edward50
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September 12, 2011, 03:44:42 AM
 #13

wobbler, honestly I am probably one of the biggest bitcoin bears, have been since bitcoin touched $30. Got flammed the whole time while bitcoin kept falling.

However, $2.00 may be reached but I think it will take longer than you think.

The main reason is that some people have vested interest in bitcoin price not falling, and have already proven to put up tens of thousands of dollars to make this not happen.

It  very likely will eventually fall that low, but it will take some time. Your looking at some months.

However, it still amazes me just how fast the value of bitcoins can drop. 


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September 12, 2011, 06:26:09 AM
 #14

However, it still amazes me just how fast the value of bitcoins can drop. 

Not me. I said it several times, the need for a bitcoin REAL economy. But most were too entretained with 30usd and I ended bashed...
Whatever raises too fast can fall at equal pace.
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September 12, 2011, 06:35:41 AM
 #15



The main reason is that some people have vested interest in bitcoin price not falling, and have already proven to put up tens of thousands of dollars to make this not happen.


And the lower they go the cheaper becomes maintain price.  Then again, just last month I'd have said $4s is not likely for the same reason and here we were.  210,000 coins get mined a month, and assuming only half of them get sold at a price of $4 that's still a chunk of new change required to feed the beast.

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September 12, 2011, 06:21:35 PM
 #16

I bet on $100 that bitcoin will crash to $2. I am certain because everytime it crashed, it first went up 1-1.5 dollars. Today happened the same, from 4.7 to 6 or more.

I take that bet provided you put  reasonable  limits to it, say that it has been under $2 for more than 1 day @ next Friday, 12:00 UTC.




http://betsofbitco.in/item?id=98

This is great - looks like, so far, none of the trolls will put their money where their mouth is. How surprising!

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Otoh
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September 12, 2011, 06:33:17 PM
 #17

I bet on $100 that bitcoin will crash to $2. I am certain because everytime it crashed, it first went up 1-1.5 dollars. Today happened the same, from 4.7 to 6 or more.

I take that bet provided you put  reasonable  limits to it, say that it has been under $2 for more than 1 day @ next Friday, 12:00 UTC.




http://betsofbitco.in/item?id=98

This is great - looks like, so far, none of the trolls will put their money where their mouth is. How surprising!

may also be because it seems to take forever to get funds cleared in

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coinjedi
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September 12, 2011, 08:54:52 PM
 #18

may also be because it seems to take forever to get funds cleared in

If anybody else has any issues with deposits, you can PM me and I'll assist you. There is no known issue so far.

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Otoh
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September 12, 2011, 09:26:30 PM
 #19

may also be because it seems to take forever to get funds cleared in

If anybody else has any issues with deposits, you can PM me and I'll assist you. There is no known issue so far.

mine cleared after I emailed them

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September 13, 2011, 01:50:36 AM
 #20

Will it finally crash to $2?

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