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thedarksun (OP)
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February 16, 2014, 10:56:52 PM |
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What do you think? Will we stabilize around 200-400?
I think 1000/btc is now a pipe-dream, even though we have been there before but that was in a time people were blind of Euphoria.
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Ibian
Legendary
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Activity: 2268
Merit: 1278
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February 16, 2014, 10:57:32 PM |
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no
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Look inside yourself, and you will see that you are the bubble.
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fonzie
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February 16, 2014, 10:58:16 PM |
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yes
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"To know death, Otto, you have to fuck life in the gallbladder" www.hsbc.com - The world´s local bank "These FUDsters are insane egomaniacs that just want cheap BTC" - oblivi |
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spiderbrain
Legendary
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Activity: 889
Merit: 1013
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February 16, 2014, 11:01:23 PM |
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It doesn't look like anyone on any of the real exchanges agrees with you. However, if you have some bitcoins you'd like to sell me for $200 dollars, I'd be keen  |
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Cyberlight
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February 16, 2014, 11:09:47 PM |
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1200 dollar is underpriced.
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curehash
Newbie
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Activity: 26
Merit: 0
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February 16, 2014, 11:13:43 PM |
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It doesn't look like anyone on any of the real exchanges agrees with you. However, if you have some bitcoins you'd like to sell me for $200 dollars, I'd be keen yes i will take that too for 100$ until OP wake up from his dream. |
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Bitcoin BEAR
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February 16, 2014, 11:39:13 PM |
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$1200 is only underpriced for those that bought there, and those that wish they sold there.
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JimboToronto
Legendary
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Activity: 4186
Merit: 4841
You're never too old to think young.
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February 16, 2014, 11:45:12 PM |
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$1200 is only underpriced for those that bought there, and those that wish they sold there.
There are many who bought at double-digit (or lower) prices who don't consider $1200 to be overpriced. I think most would consider $200-$400 to be underpriced though. |
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giantdragon
Legendary
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Activity: 1582
Merit: 1002
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February 16, 2014, 11:53:13 PM |
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I look any number below $500 underpiced and would buy coins if have spare funds.
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MatTheCat
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February 17, 2014, 12:01:08 AM |
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Look everyone, it's SuperJimbo!$1200 Bitcoins.. are not overpriced! (bitcoin costs $600).Calling the Bitcoin bottom all the way down since 2014! Lets go and have a look through his post history shall we....see what he was saying about Bitcoin last week, and the week before that, and the week before that, etc..
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TERA
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February 17, 2014, 12:01:52 AM |
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btc doesn't stabilize on a low. it bounces off of a low and then stabilizes at higher level.
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MatTheCat
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February 17, 2014, 12:04:48 AM |
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btc doesn't stabilize on a low. it bounces off of a low and then stabilizes at higher level.
Not in November 2011. Not in July 2013. |
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N12
Donator
Legendary
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Activity: 1610
Merit: 1010
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February 17, 2014, 12:06:14 AM |
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btc doesn't stabilize on a low. it bounces off of a low and then stabilizes at higher level.
Not in November 2011. Not in July 2013. What? In both instances it did just that. |
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knightcoin
Full Member
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Activity: 238
Merit: 100
Stand on the shoulders of giants
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February 17, 2014, 12:08:20 AM |
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In my mind btc = gold
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donjoe
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February 17, 2014, 12:08:30 AM |
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It has always been at exactly the right price - a numeric expression of the level of public wishful thinking about BTC's future potential. When the wishful thinking decreases the price decreases and when it increases the price increases.
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MatTheCat
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February 17, 2014, 12:11:20 AM |
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btc doesn't stabilize on a low. it bounces off of a low and then stabilizes at higher level.
Not in November 2011. Not in July 2013. What? In both instances it did just that. In July 2013, I can see 7 seperate days when Bitcoin could have been had for less than $70 In November 2011, there are about 10 days when Bitcoin could have been bought for less than $3, and about a whole month when they were less than $3.50. The argument that $70 and $63 can be compared with $700 and $630 or $2 and $3.50 compared with $200 and $350, is a fasicious one. If you don't think so, then get over to Max coin where the price has quintupled in the last couple of days or whatever, from 0.001 btc to 0.0045. |
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TERA
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February 17, 2014, 12:12:23 AM |
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btc doesn't stabilize on a low. it bounces off of a low and then stabilizes at higher level.
Not in November 2011. Not in July 2013. What? In both instances it did just that. I see that in november, 2 was touched twice, briefly for 1-3 days, and there was a range of trading between 2.5 and 3.5 that lasted for 2 months before shooting back up. In July 2013, it touched the 66 area for 3 days before shooting up to 100, and beginning a gradual incline. 1 month was spent between the 90 and 110 area. None of this sounds like 'stability'. The only time btc was ever really stable was when it was at $5 for 3 months. |
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MatTheCat
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February 17, 2014, 12:16:53 AM |
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I see that in november, 2 was touched twice, briefly for 1-3 days, and there was a range of trading between 2.5 and 3.5 that lasted for 2 months before shooting back up.
In July 2013, it touched the 66 area for 3 days before shooting up to 100, and beginning a gradual incline. 1 month was spent between the 90 and 110 area.
None of this sounds like 'stability'.
The only time btc was ever really stable was when it was at $5 for 3 months.
But as bottoms go in Bitcoin terms, they were fairly stable. Much more stable than the tops have ever been and stable enough that they seem made out of granite compared with the recent spikes down to $540, which for me, are clearly not the end of the bear market, but are rather showing up pockets of unrealistic enduring positivity under an increasingly darkening cloud of negative sentiment, which will eventually be stamped out. |
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TERA
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February 17, 2014, 12:21:20 AM |
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The actual "bottoms" are only hit for a matter of days. It is the level 50% above the bottom that becomes "stable" sometimes. But I don't call that the "bottom" anymore.
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Cyberlight
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February 17, 2014, 12:22:53 AM |
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$1200 is only underpriced for those that bought there, and those that wish they sold there.
1200 dollar is cheap next year, everyone dreams of 1200 dollar coins |
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