Bitcoin Forum
October 17, 2017, 03:56:50 AM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 3 »  All
  Print  
Author Topic: Professor Bitcorn is right, BTC to $10  (Read 4463 times)
KLD
Newbie
*
Offline Offline

Activity: 21

Sell your house to short BTC


View Profile
August 31, 2014, 11:24:59 PM
 #1

If the price discovery mechanism on gox was more rigged than a Bernie Madoff scheme on crack, then propped up by china and the pumpers; early adopters and gox hackers cashing out we could see some serious mean reversion to the levels of the bubble to $30 as the music comes to a halt  Grin
1508212610
Hero Member
*
Offline Offline

Posts: 1508212610

View Profile Personal Message (Offline)

Ignore
1508212610
Reply with quote  #2

1508212610
Report to moderator
1508212610
Hero Member
*
Offline Offline

Posts: 1508212610

View Profile Personal Message (Offline)

Ignore
1508212610
Reply with quote  #2

1508212610
Report to moderator
1508212610
Hero Member
*
Offline Offline

Posts: 1508212610

View Profile Personal Message (Offline)

Ignore
1508212610
Reply with quote  #2

1508212610
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1508212610
Hero Member
*
Offline Offline

Posts: 1508212610

View Profile Personal Message (Offline)

Ignore
1508212610
Reply with quote  #2

1508212610
Report to moderator
dropt
Legendary
*
Offline Offline

Activity: 1498



View Profile
August 31, 2014, 11:41:56 PM
 #2

Another self professed moron.  Thanks for sharing, you guys certainly make it easy to know whom to place on ignore.

Cheers!
sx100
Member
**
Offline Offline

Activity: 70


View Profile
August 31, 2014, 11:43:11 PM
 #3

Who's Professor Bitcorn?
KLD
Newbie
*
Offline Offline

Activity: 21

Sell your house to short BTC


View Profile
September 01, 2014, 06:08:53 AM
 #4

I realise this isn't anything new, arguments and discussions around organic growth have been made.  To me the data dump from the from the Mt Gox data base and subsequent Willy report is still the elephant in the room. Claims that Willy began trading in November 2013 before the $1200 bubble leading to speculation that another bot has been operating as early as feburary 2013  when the price of BTC was $20 and before the run up to $260. Granted many bulls will say that we have had a massive correction already and this is old news the price has dipped into the $300s and since recovered.  Or was this just a bull run in a very long bear market? Illustrated from the price action from the $420 sideways and then break out and run up to $680.  Beyond trolling, some people here must have genuine concerns as to whether we need to have a proper reset to correct this folly.
HarHarHar9965
Hero Member
*****
Offline Offline

Activity: 798


View Profile
September 01, 2014, 06:12:38 AM
 #5

Who's Professor Bitcorn?

I'm 90% sure that's referring to the BU finance professor that called bitcoin a ponzi (or something similar) and said we'd be trading at $10 this year. If we make it to double digits, I won't look at him like an idiot anymore.
ensurance982
Hero Member
*****
Offline Offline

Activity: 518


Trust me!


View Profile
September 01, 2014, 02:15:17 PM
 #6

Well, he missed his deadline already, so unless the Bitcoin price transcends space and time, he already is, and will always be, wrong with the statement he made there. Sure he can make additional statements, but that specific one clearly turned out to be bogus. Period.

                                                                                                                      We Support Currencies: BTC, LTC, USD, EUR, GBP
vuduchyld
Sr. Member
****
Offline Offline

Activity: 364


View Profile
September 01, 2014, 02:26:10 PM
 #7

I wish I could buy at $10 right now.  Hell, double it to $20 and I'd buy a SHIT TON.  I'd even buy some kind of option that wouldn't allow me to unlock value for 5 years.

Man, I hope the Professor is right!  But unfortunately, I won't be able to accumulate at that price.  So sad.
ensurance982
Hero Member
*****
Offline Offline

Activity: 518


Trust me!


View Profile
September 01, 2014, 02:35:40 PM
 #8

I wish I could buy at $10 right now.  Hell, double it to $20 and I'd buy a SHIT TON.  I'd even buy some kind of option that wouldn't allow me to unlock value for 5 years.

Man, I hope the Professor is right!  But unfortunately, I won't be able to accumulate at that price.  So sad.

But hey, you're able to accumulate at today's prices Smiley A lot of people will agree that today's prices may be the $10 or $20 of 2019 or some years in the future. I'd like to come back to this thread in 5-10 years Smiley

                                                                                                                      We Support Currencies: BTC, LTC, USD, EUR, GBP
minerpumpkin
Hero Member
*****
Offline Offline

Activity: 672


A pumpkin mines 27 hours a night


View Profile
September 01, 2014, 02:39:02 PM
 #9

Yeah, well he already turned out to be wrong, since he put up a time-frame during which this incident had to occur - which it didn't. Even leaving that aside for a moment, I really don't believe Bitcoin to go to $10 again. Really don't.

██████████████████████████████████████████████
██████████████████████████████████████████████
█████                                    █████
█████                                    █████
█████                                    █████
█████           ▄█▄        ▄█▄           █████
█████          ████████████████          █████
█████           ▀████████████▀           █████
█████           ████▀    ▀████           █████
█████           ████▄    ▄████           █████
█████           ▄████████████▄           █████
█████          ████████████████          █████
█████           ▀█▀        ▀█▀           █████
█████                                    █████
█████                                    █████
█████                                    █████
██████████████████████████████████████████████
██████████████████████████████████████████████
▄██████████████████████████▄
██                        ██
██                        ██
██                        ██
██             ▄█▀███████████
██              ▀▀▀▀▀▀▀▀▀▀██▀
██                        ██
██                        ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

▄██████████████████████████▄
██                        ██
██                        ██
██                        ██
██                        ██
████████████████████████████
██                        ██
██                        ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▄██████████████████████████▄
██                 ▄███▀  ██
██             ▄▄██▀▀  ▄█ ██
██     ▄    ▄███▀▀  ▄███  ██
██    ██▄▄██▀▀   ▄█████   ██
██   ████▀▀  ▄▄██▀▀ ▀█    ██
██  █▀▀   ▄▄██▀           ██
██    ▄▄███▀              ██
██▄▄▄████▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

▄██████████████████████████▄
██                        ██
██  ████▄  ▄▄▄▄▄▄▄▄▄▄▄▄   ██
██     ▀█▄ ▀▀▀▀▀▀▀▀▀██    ██
██      ██         ██     ██
██       ███████████      ██
██        ▄▄     ▄▄       ██
██       ▀██▀   ▀██▀      ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▄██████████████████████████▄
██                       ▄██
██                     █████
██         ▄         ███▀ ██
██       ▄███     ▄███▀   ██
██   ▄▄███▀▀███▄████▀     ██
██▄▄███▀     ▀███▀        ██
████▀                     ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

▄███████████▄  ██████████████
█           █  █            █
█           █  █            █
█           █  █            █
█           █  █            █
█           █  █            █
█           █  █            █
█           █  █            █
██████▀██████  ██████▀███████
 ▀▀▀▀▀▀▀▀▀▀▀   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Ayers
Legendary
*
Offline Offline

Activity: 1162


★Bitvest.io★ Play Plinko or Invest!


View Profile
September 01, 2014, 03:05:37 PM
 #10

again, is this the same price, that bitcoin was before the pump to 600? it really seems the same, and now is pretty stable



.
.BITVEST DICE.
HAS BEEN RELEASED!


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
staaaagnating
Newbie
*
Offline Offline

Activity: 7


View Profile
September 01, 2014, 03:07:53 PM
 #11

again, is this the same price, that bitcoin was before the pump to 600? it really seems the same, and now is pretty stable

Yes, of course it's stable! We will remain on this level for the time being! This is the perfect equilibrium and everyone who claims we will rise or fall from this level are simply wrong, it's irrefutable!
Mellnik
Sr. Member
****
Offline Offline

Activity: 243


View Profile
September 01, 2014, 03:13:39 PM
 #12

InwardContour
Sr. Member
****
Offline Offline

Activity: 280


View Profile
September 01, 2014, 03:19:43 PM
 #13

...

early adopters and gox hackers cashing out we could see some serious mean reversion to the levels of the bubble to $30 as the music comes to a halt  Grin

The same was said when the price was at about 3$, but we know what happened then...

sehnye
Newbie
*
Offline Offline

Activity: 28


View Profile
September 01, 2014, 03:33:09 PM
 #14

So if I would sell all my btc holdings now and then buy back when the price will be $10 I will be rich in the future?

LetsTalkBitcoin.com/?ref=6a191886 --->0,05btc/week
Odalv
Legendary
*
Offline Offline

Activity: 1232



View Profile
September 01, 2014, 03:49:52 PM
 #15


http://lmgtfy.com/?q=profesor+bitcorn
yayayo
Legendary
*
Offline Offline

Activity: 1092



View Profile
September 01, 2014, 03:51:56 PM
 #16

Huge influx of new members predicting bitcoin apocalypse posting outdated, irrelevant, or fabricated facts to draw arbitrary conclusions. Bullish if you ask me.

Regarding professor bitcorn: http://www.professorbitcorn.com/

ya.ya.yo!

crocko
Hero Member
*****
Offline Offline

Activity: 812


'All that glitters is not gold'


View Profile WWW
September 01, 2014, 03:58:18 PM
 #17

If the price discovery mechanism on gox was more rigged than a Bernie Madoff scheme on crack, then propped up by china and the pumpers; early adopters and gox hackers cashing out we could see some serious mean reversion to the levels of the bubble to $30 as the music comes to a halt  Grin
It seems your Professor Bitcorn isn't quite accurate  Tongue


Find my posts helpful? Click my Trust link and rep me!
BTC: 1MqUxoDQE8Q88sDvoaLMbBJSMToSfPgKSy  DOGE: D61Na9wjuneAn9GFLRNrHgWHHFwVfd1T7y  LTC: 3Luo136zrqkCi53jT72FEY52GbwW1ZYi6X
yayayo
Legendary
*
Offline Offline

Activity: 1092



View Profile
September 01, 2014, 04:16:57 PM
 #18

If the price discovery mechanism on gox was more rigged than a Bernie Madoff scheme on crack, then propped up by china and the pumpers; early adopters and gox hackers cashing out we could see some serious mean reversion to the levels of the bubble to $30 as the music comes to a halt  Grin
It seems your Professor Bitcorn isn't quite accurate  Tongue

Please don't jump to premature conclusions! He said it will trade below $10 a share! He could still be right after we find out what a bitcoin share is...  Grin

ya.ya.yo!
peeveepee
Full Member
***
Offline Offline

Activity: 211


View Profile
September 01, 2014, 05:17:40 PM
 #19

He should not give a time frame.

Like fiat, even bitcoin will be replaced eventually. So given long enough time, he will be right.
JimboToronto
Legendary
*
Offline Offline

Activity: 1610



View Profile
September 01, 2014, 05:35:37 PM
 #20

He said it will trade below $10 a share! He could still be right after we find out what a bitcoin share is..

That made me laugh too.

How did this dingbat ever get to be a professor without knowing what a share is?

Does he think Bitcoin is a company?

I wonder what he thinks a Dollar share or a Euro share will be worth.

Maybe he'd better ask the CEO of Dollars or the CEOs of Bitcoin and Euros.

The guy's a laughingstock.

Would you waste your money on tuition to send your kid to Boston University if they keep airheads like this on faculty?
Pages: [1] 2 3 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!