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Question: When will price break $4?
December
January
February
March
April
May or later
never

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Author Topic: Prediction contest: when will bitcoin break $4? or will it never break $4?  (Read 7527 times)
old_engineer
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December 06, 2011, 11:33:44 PM
 #1

I'm guessing it will be late January or early February, and if I had to pick a day... January 29th.  Anyone else want to guess?  I'll send the winner 5 btc, tiebreaker goes to the first predictor of the winning day.

In b4 "never" - this is a thread for long-term bulls only! Smiley

EDIT: revised poll to add a "never" option for bears, though for obvious reasons, the contest can not be won by "never".
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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ineededausername
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December 06, 2011, 11:52:12 PM
 #2

January the 23rd.

(BFL)^2 < 0
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December 06, 2011, 11:54:48 PM
 #3

December 12th.  It'll probably drop back down shortly after.

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December 07, 2011, 12:12:45 AM
 #4

Dec. 19

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December 07, 2011, 12:18:07 AM
 #5

December 25th of course  Roll Eyes

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December 07, 2011, 12:30:36 AM
 #6

December 16th
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December 07, 2011, 12:34:48 AM
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January 14th
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December 07, 2011, 12:36:55 AM
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January 13th  Cheesy

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December 07, 2011, 12:43:18 AM
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December 15.
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December 07, 2011, 04:23:07 AM
 #10

June 27th.

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December 07, 2011, 06:57:18 AM
 #11

Sometimes 2013... that option isn't there so I did choose 'never'

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
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December 07, 2011, 07:51:17 AM
 #12

january 21st.

you should specify the timezone so we know what day it falls under once it reaches $4.
old_engineer
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December 07, 2011, 09:01:52 AM
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january 21st.

you should specify the timezone so we know what day it falls under once it reaches $4.

Good point.  Might as well be GMT to be fair.
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December 07, 2011, 09:04:32 AM
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Sometimes 2013... that option isn't there so I did choose 'never'
There is the "May or later" option.  

But you really don't think it will at least spike over $4 at some point in 2012?  I think there will be at least one tulip-style mania in 2012 for some reason or another, and it only takes one deep wallet to buy 50k btc and push the price to $4.
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December 07, 2011, 09:07:10 AM
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Crash near the NY, then break $4 in mid of January
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December 07, 2011, 09:55:22 AM
 #16

$4 on January 5.1

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December 07, 2011, 10:00:48 AM
 #17

December 21.

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December 07, 2011, 10:04:53 AM
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$4 on January 5.1

is that like, a stardate?
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December 07, 2011, 11:01:28 AM
 #19

Sometimes 2013... that option isn't there so I did choose 'never'
There is the "May or later" option.  

But you really don't think it will at least spike over $4 at some point in 2012?  I think there will be at least one tulip-style mania in 2012 for some reason or another, and it only takes one deep wallet to buy 50k btc and push the price to $4.

I don't think so. Reason is that for every person willing to buy 50k btc there are two who are willing to sell for 'acceptable' losses, those who bought in during the dip to 4.08.

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
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December 07, 2011, 12:55:23 PM
 #20

Sometimes 2013... that option isn't there so I did choose 'never'
There is the "May or later" option.  

But you really don't think it will at least spike over $4 at some point in 2012?  I think there will be at least one tulip-style mania in 2012 for some reason or another, and it only takes one deep wallet to buy 50k btc and push the price to $4.

I don't think so. Reason is that for every person willing to buy 50k btc there are two who are willing to sell for 'acceptable' losses, those who bought in during the dip to 4.08.

Word.  Think about the guy with the massive wall at 2.90 that got sold into.  He's gonna be itching to get out soon likely, to rebuy lower or whatever.  He's probably just waiting for the right time. 

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