Elwar (OP)
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
|
|
February 26, 2014, 07:45:21 AM |
|
This all feels a lot like what happened after Silk Road was busted.
The price was around $120, then crashed down to around $90/BTC. The media hailed it as the end of Bitcoin. The next day the price came back up to $120 and kept climbing. The media still kept talking about how Bitcoin was finished.
Within two months, the price of Bitcoin was over $1,200.
Now after MtGox goes away. The price was around $550 then crashed to around $400/BTC. The media hails it as the end of Bitcoin. The next day the price comes back up over $550 and keeps climbing. The media still keep talking about how Bitcoin is finished.
Within two months, price of Bitcoin over $5,500?
|
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
|
|
|
podyx
Legendary
Offline
Activity: 2338
Merit: 1035
|
|
February 26, 2014, 07:47:01 AM |
|
possible but i dont think we will see $5k till summer
|
|
|
|
CrusaderTim
Newbie
Offline
Activity: 20
Merit: 0
|
|
February 26, 2014, 07:47:42 AM |
|
“Be fearful when others are greedy and greedy when others are fearful”
― Warren Buffett
|
|
|
|
Elwar (OP)
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
|
|
February 26, 2014, 07:49:14 AM |
|
“Be fearful when others are greedy and greedy when others are fearful”
― Warren Buffett
"Cheesburger in paradise." -- Jimmy Buffett
|
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
|
|
|
sidhujag
Legendary
Offline
Activity: 2044
Merit: 1005
|
|
February 26, 2014, 07:50:46 AM |
|
“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”
― Warren Buffett
You arent really promoting yourself as being so knowledgable with that quote in this context. I think it depends on the reality of the 750k btc... If its truly gone and sold off then all dips qre priced in and we have a supply shortcome ehich exasbarates price inclines. if someone has those 750k I dont expect price to rise that far that fast.
|
|
|
|
cAPSLOCK
Legendary
Offline
Activity: 3780
Merit: 5190
Whimsical Pants
|
|
February 26, 2014, 08:08:34 AM |
|
“Be fearful when others are greedy and greedy when others are fearful”
― Warren Buffett
"Cheesburger in paradise." -- Jimmy Buffett "In a Gadda da Vida honey..." --Iron Butterfly
|
|
|
|
Mythul
|
|
February 26, 2014, 08:11:55 AM |
|
Hell....it's about time.
|
|
|
|
threecats
|
|
February 26, 2014, 08:15:17 AM |
|
doo bee doo bee doo bee doo
- Sinatra
|
|
|
|
efarah2549
Member
Offline
Activity: 98
Merit: 10
|
|
February 26, 2014, 08:19:25 AM |
|
I'm the scatman
Ski bi di bi di do bap do Do bam do
Bada bwi ba ba bada bo Baba ba da bo Bwi ba ba ba do
- Scatman John
|
|
|
|
akujin
|
|
February 26, 2014, 08:39:45 AM |
|
Sometimes when I close my eyes, I can't see...
-Confuseyouz
|
BTC: 165rKPfGJ3ndrG1QziHR6ACnViP4EQHNK7 LTC: LMysGMFjmF9gR9RzStij74msXrDP1NqW8X DOGE: DRZXGgcKN8kANwko3VycsBVVGqfy6XsSpM
|
|
|
doctor877
|
|
February 26, 2014, 08:44:45 AM |
|
What I think is intresting to see, is that if the ones getting burned on the Gox incident, are going to rebuy some of their stash back, or just get out of bitcoin. Because there must be people who lost all their bitcoins, and still they realize bitcoin huge potential. So this might start the next mini rally, before the big investors jump in.
|
|
|
|
sshapiroNJ
Newbie
Offline
Activity: 55
Merit: 0
|
|
February 26, 2014, 08:51:20 AM |
|
What I think is intresting to see, is that if the ones getting burned on the Gox incident, are going to rebuy some of their stash back, or just get out of bitcoin. Because there must be people who lost all their bitcoins, and still they realize bitcoin huge potential. So this might start the next mini rally, before the big investors jump in.
Totally agree. The time of agressive game is coming as people who lost theit money are now fearless cause they've already lost a lot and going to do everything in all their might
|
|
|
|
doctor877
|
|
February 26, 2014, 09:00:51 AM |
|
But if the gox coins are really gone, they got 2 choices, either give up, or buy more. The latter choice will bring loads of more demand to market.
|
|
|
|
Hyena
Legendary
Offline
Activity: 2114
Merit: 1015
|
|
February 26, 2014, 09:39:47 AM |
|
" Size only matters when you're full grown, baby!" -- Duke Nukem Is bitcoin full grown yet? Hell no! edit: fixed a typo
|
|
|
|
trcwhale
Member
Offline
Activity: 84
Merit: 11
|
|
February 26, 2014, 09:45:16 AM |
|
No way.
It is already tanking hard for people to invest into this so much uncertainty.
|
|
|
|
CrusaderTim
Newbie
Offline
Activity: 20
Merit: 0
|
|
February 26, 2014, 10:00:03 AM |
|
"Bubble, bubble, bubble POP!"
- HYUNA
|
|
|
|
cosmofly
Full Member
Offline
Activity: 532
Merit: 100
PrimeDAO - An Adoption Engine for Open Finance
|
|
February 26, 2014, 10:04:05 AM |
|
Elwar u will cry a sea of ur own blood
CRY
|
|
|
|
SpeculateThis
Newbie
Offline
Activity: 50
Merit: 0
|
|
February 27, 2014, 03:04:26 AM |
|
CCMF!
|
|
|
|
proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
|
|
February 27, 2014, 03:08:37 AM |
|
"The bitcoin price goes down sometimes, but then goes back up later."
-Proudhon
|
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
|
|
|
chesthing
Legendary
Offline
Activity: 1414
Merit: 1000
|
|
February 27, 2014, 03:12:40 AM |
|
$5500 this year is completely delusional. I really hope someone ends up posting my response to prove me wrong, but thinking that will happen is, again, delusional.
|
|
|
|
|