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Question: $300 or $800 next?
$300 - 171 (39.1%)
$800 - 266 (60.9%)
Total Voters: 437

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Author Topic: $300 or $800 next?  (Read 10613 times)
tkbx
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March 22, 2014, 08:50:33 PM
 #1

The price of Bitcoin is currently around $550.

Which do you think will happen first: a $250 decrease to $300, or a $250 increase to $800?
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akujin
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March 22, 2014, 08:58:28 PM
 #2

I want to get cheap coins first so.... 300  Grin Grin

BTC: 165rKPfGJ3ndrG1QziHR6ACnViP4EQHNK7
LTC: LMysGMFjmF9gR9RzStij74msXrDP1NqW8X
DOGE: DRZXGgcKN8kANwko3VycsBVVGqfy6XsSpM
Dalmar
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March 22, 2014, 09:01:50 PM
 #3

300, so we can get rid of many bag holders who'll leave the market in the capitulation and stop pushing prices down.


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MatTheCat
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March 22, 2014, 09:03:00 PM
 #4

I will tell you why this poll should be worrying for holders of Bitcoin.

It shows that the majority believe in the bullish case, but as anyone can testify by doing a quick review of previous polls on this forum, it can be clearly deducted that in the majority of cases, the majority are wrong.

300, so we can get rid of many bag holders who'll leave the market in the capitulation and stop pushing prices down.

Would Mark Karpeles and his mates with their 500K + defrauded Bitcoins be counted amongst those 'bag holders'?

What about the hacker thieves? Cashed out already have they? Show me the volume spikes where you suppose that they have cashed out (remembering that cashing out a big bulk of stolen coins without being detected isn't an easy thing to do).

Kraken Account, Robbed/Emptied. Kraken say "Fuck you, its your loss": https://bitcointalk.org/index.php?topic=1559553.msg15656643#msg15656643

Bitfinex victims. DO NOT TOUCH THE BFX TOKEN! Start moving it around, or trading it, and you will be construed as having accepted it as an alternative means of payment to your USD, BTC, etc.
tkbx
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March 22, 2014, 09:05:04 PM
 #5

I will tell you why this poll should be worrying for holders of Bitcoin.

It shows that the majority believe in the bullish case, but as anyone can testify by doing a quick review of previous polls on this forum, it can be clearly deducted that in the majority of cases, the majority are wrong.

300, so we can get rid of many bag holders who'll leave the market in the capitulation and stop pushing prices down.

Would Mark Karpeles and his mates with their 500K + defrauded Bitcoins be counted amongst those 'bag holders'?
What do you mean? The majority are optimistic?
Ekaros
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March 22, 2014, 09:05:42 PM
 #6

300 on the way to 10 Grin

12pA5nZB5AoXZaaEeoxh5bNqUGXwUUp3Uv
http://firstbits.com/1qdiz
Feel free to help poor student!
MatTheCat
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March 22, 2014, 09:06:23 PM
 #7

What do you mean? The majority are optimistic?

In the time since I posted that, the bull/bear ratio has changed quite a bit.

Kraken Account, Robbed/Emptied. Kraken say "Fuck you, its your loss": https://bitcointalk.org/index.php?topic=1559553.msg15656643#msg15656643

Bitfinex victims. DO NOT TOUCH THE BFX TOKEN! Start moving it around, or trading it, and you will be construed as having accepted it as an alternative means of payment to your USD, BTC, etc.
RyNinDaCleM
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March 22, 2014, 09:10:30 PM
 #8

What do you mean? The majority are optimistic?

In the time since I posted that, the bull/bear ratio has changed quite a bit.

Still nearly 2:1

boumalo
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March 22, 2014, 09:11:38 PM
 #9

It could go to 300$ but I think it is more likely that it goes to 800$

300$ then 800$ would be pretty nice bc I would have buy up a lot from 500 to 300$ Smiley

Dalmar
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March 22, 2014, 09:13:17 PM
 #10

Would Mark Karpeles and his mates with their 500K + defrauded Bitcoins be counted amongst those 'bag holders'?

What about the hacker thieves? Cashed out already have they? Show me the volume spikes where you suppose that they have cashed out (remembering that cashing out a big bulk of stolen coins without being detected isn't an easy thing to do).

Most of the weak hands bought in the 300-1000 range last year. This is visible by USD volumes on exchanges and the growth of users on r/Bitcoin last autumn. If a good portion of them can be shaken out a lot of selling pressure will go away.


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BE A HOPE
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eiskalt
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March 22, 2014, 09:21:17 PM
 #11

Short term: Bounce to 580$-590$ then back down to below 530$.

Medium term: 135$

Only guessing, so probably it will be different.
Ibian
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March 22, 2014, 10:04:23 PM
 #12

Alright! Here is my prediction! The price will go up... unless it goes down! Don't forget to tip me when my prediction comes true!

You are missing the "yes" option.

Look inside yourself, and you will see that you are the bubble.
Cyberlight
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March 22, 2014, 10:11:47 PM
 #13

I will tell you why this poll should be worrying for holders of Bitcoin.

It shows that the majority believe in the bullish case, but as anyone can testify by doing a quick review of previous polls on this forum, it can be clearly deducted that in the majority of cases, the majority are wrong.


You obviously known what they say about past performance.
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March 22, 2014, 10:26:46 PM
 #14

I really think there's gonna be huge buying pressure well above  the $300 mark.

I hope I'm right.

Guess I'll make that my sig, all the cool kids have one...
chesthing
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March 23, 2014, 12:09:44 AM
 #15

Short term: Bounce to 580$-590$ then back down to below 530$.

Medium term: 135$

Only guessing, so probably it will be different.

it's so easy to throw out quick predictions, what is your reasoning for $100s? shit even Fonzie just bought a bunch...
eiskalt
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March 23, 2014, 12:22:54 AM
 #16

I really think there's gonna be huge buying pressure well above  the $300 mark.

I hope I'm right.

The lower bollinger band on the weekly chart is now at 411$.

Would be better not to touch it.

Short term: Bounce to 580$-590$ then back down to below 530$.

Medium term: 135$

Only guessing, so probably it will be different.

it's so easy to throw out quick predictions, what is your reasoning for $100s? shit even Fonzie just bought a bunch...

EDIT2:
It is also easy to deny the fact, that we have been there already (for whatever reason).

Besides this, there is talk about raising interest rates at the fed. Would be quite damaging (also to PMs), if true.
EDIT:

skilo
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March 23, 2014, 02:26:09 AM
 #17

If it hit's $300 i predict mass panic dumping will start.
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March 23, 2014, 02:38:27 AM
 #18

If it hit's $300 i predict mass panic dumping will start.

I think the majority of the panic has already happened. The majority of those who held coins in the past will continue to hold coins in the future. If the price goes to 300 I think you will see a lot of new money injected into the market before you see a panic sell.

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March 23, 2014, 02:39:02 AM
 #19

I will tell you why this poll should be worrying for holders of Bitcoin.

It shows that the majority believe in the bullish case, but as anyone can testify by doing a quick review of previous polls on this forum, it can be clearly deducted that in the majority of cases, the majority are wrong.

300, so we can get rid of many bag holders who'll leave the market in the capitulation and stop pushing prices down.

Would Mark Karpeles and his mates with their 500K + defrauded Bitcoins be counted amongst those 'bag holders'?

What about the hacker thieves? Cashed out already have they? Show me the volume spikes where you suppose that they have cashed out (remembering that cashing out a big bulk of stolen coins without being detected isn't an easy thing to do).

Mat. Go back and read this thread in early July 2013. There is this mythology being spread around that when were approaching $63 that there was blood in the streets, people crying and panic everywhere. When, in fact, there was not. No more (probably less) than there is today. So explain that to me, and I'll just put all my money in a bank right now. Wink
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March 23, 2014, 02:41:54 AM
 #20

I really think there's gonna be huge buying pressure well above  the $300 mark.

I hope I'm right.

The lower bollinger band on the weekly chart is now at 411$.

Would be better not to touch it.

Short term: Bounce to 580$-590$ then back down to below 530$.

Medium term: 135$

Only guessing, so probably it will be different.

it's so easy to throw out quick predictions, what is your reasoning for $100s? shit even Fonzie just bought a bunch...

EDIT2:
It is also easy to deny the fact, that we have been there already (for whatever reason).

Besides this, there is talk about raising interest rates at the fed. Would be quite damaging (also to PMs), if true.
EDIT:



Look. You joined this forum in 2011 and your first post was wanting to sell something for a bitcoin in exchange. And somewhere along the way you became dissolutioned with bitcoin and now you are happy to see if fall to a few pennies so that you can tell any and everyone how right you were all along.

So either you're trolling us all for cheaper coins or your just bored. Either one, you haven't offered any analysis that makes sense. The factors you follow are as if you picked them from the sky.
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