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Question: Will 1 BTC trade at 2 USD for more than an hour before the end of the month?  (Voting closed: May 01, 2011, 04:29:41 AM)
Yes - 46 (74.2%)
No - 12 (19.4%)
I'm afraid to have an opinion - 4 (6.5%)
Total Voters: 62

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Author Topic: 1 BTC = 2 USD redux  (Read 1731 times)
Ian Maxwell
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April 25, 2011, 04:29:41 AM
 #1

Since "the end of the year" doesn't seem like such a great target any more, I thought we needed a new poll.

Ian Maxwell
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April 25, 2011, 04:38:29 AM
 #2

Well, to say before the next 5 days.....eh. Perhaps. Then again, I'm just getting into the BTC community.

Before the end of May, I'd say it looks good.
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April 25, 2011, 04:56:32 AM
 #3

I estimated a 75% chance confidence of reaching 2 dollars per bitcoin.

mewantsbitcoins
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April 25, 2011, 05:00:45 AM
 #4

kiba, can you explain on what arithmetic you're basing your estimation?
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April 25, 2011, 05:09:21 AM
 #5

kiba, can you explain on what arithmetic you're basing your estimation?

There is nothing concrete about it. I am just expressing my confidence.

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April 28, 2011, 05:53:30 AM
 #6

orz
It was close... And than someone crashed the price. I hope it was an accident.

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April 28, 2011, 06:24:28 AM
 #7

orz
It was close... And than someone crashed the price. I hope it was an accident.

Lol, an accident? It's not a car crash, man, it's people agreeing on a trade.

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The Script
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April 28, 2011, 08:05:42 AM
 #8

I voted "I'm afraid to have an opinion" because that option had the least amount of votes and I am trying to redistribute the percentage to make things more fair.  I feel good about doing the right thing.  

In all seriousness, though, I think the market is far too volatile right now to have much confidence in making even short term predictions.  There appear to be some large trades going on which are causing the price to fluctuate wildly.  I am, if not content, at least willing to wait until things settle down before making any predictions.  Smiley
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April 28, 2011, 04:06:53 PM
 #9

Was about to respond with $2 today, since it was floating between 1.90 and 1.95 last night...1.99 early this morning...now it's at $2.25!!!!  Not too fair to vote when there are bids on MTGox right now for 12.5% more than $2/BTC Smiley.

EDIT: Now back to 2.05-2.10.  Looks like I checked the market depth just a few seconds after the spike that breaking the $2/BTC barrier caused.

R.I.P. BTC Guild, 2011 - 2015.
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April 28, 2011, 04:30:16 PM
 #10

this was fun!
For now somewhat stoped on 2.30-2.40.
I will probably drop to ~2

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April 28, 2011, 08:20:35 PM
 #11

Ahahaha~ you didn't say the vote closes if it happens, so I voted yes! ヽ( >∀<)ノ

I have no idea where the price will go within the next month. Up? Down? Crash? Google joins in? Can't pull myself away from following Bitcoin news.
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