Bitcoin Forum
May 06, 2024, 01:12:48 AM
Welcome,
Guest
. Please
login
or
register
.
News
: Latest Bitcoin Core release:
27.0
[
Torrent
]
Home
Help
Search
Login
Register
More
Bitcoin Forum
>
Economy
>
Economics
>
Speculation
>
How high the spike will go this time?
Pages: [
1
]
2
»
All
« previous topic
next topic »
Print
Author
Topic: How high the spike will go this time? (Read 4460 times)
codymanix
(OP)
Full Member
Offline
Activity: 203
Merit: 121
Gir: I'm gonna sing the Doom Song now..
How high the spike will go this time?
April 20, 2012, 10:28:05 PM
#1
6 USD, 7 USD, maybe even 8 USD until it breaks down again?
Programming tutorials, Tools, Games & Humor
http://deutronium.de.vu
My Vircurex referral code for persistant 0.05% trade discount: 750-33267 or use
https://vircurex.com/welcome/index?referral_id=750-33267
1714957968
Hero Member
Offline
Posts: 1714957968
Ignore
1714957968
1714957968
#2
1714957968
Report to moderator
1714957968
Hero Member
Offline
Posts: 1714957968
Ignore
1714957968
1714957968
#2
1714957968
Report to moderator
Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714957968
Hero Member
Offline
Posts: 1714957968
Ignore
1714957968
1714957968
#2
1714957968
Report to moderator
YoYa
Hero Member
Offline
Activity: 809
Merit: 501
Always verify deals with me through my public key!
Re: How high the spike will go this time?
April 20, 2012, 10:30:50 PM
#2
Jinxed!
notme
Legendary
Offline
Activity: 1904
Merit: 1002
Re: How high the spike will go this time?
April 20, 2012, 10:31:07 PM
#3
Quote from: YoYa on April 20, 2012, 10:30:50 PM
Jinxed!
lol
https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
Uncurlhalo
Full Member
Offline
Activity: 238
Merit: 100
|Argus| Accounting and Auditing on the Blockchain
Re: How high the spike will go this time?
April 20, 2012, 10:32:07 PM
#4
Quote from: YoYa on April 20, 2012, 10:30:50 PM
Jinxed!
Most surely jinxed. Somebody pumped and dumped it seems. Or something like that.
Argus the revolution in making
Technomage
Legendary
Offline
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
Re: How high the spike will go this time?
April 20, 2012, 10:35:20 PM
#5
That was one of those "just a matter of time" kind of sells. This is far from over I think, there is low depth close to the price. It will fluctuate for a good while yet.
Denarium closing sale discounts now up to 43%! Check out our products from
here
!
Sitarow
Legendary
Offline
Activity: 1792
Merit: 1047
Re: How high the spike will go this time?
April 20, 2012, 10:35:51 PM
#6
Quote from: Uncurlhalo on April 20, 2012, 10:32:07 PM
Quote from: YoYa on April 20, 2012, 10:30:50 PM
Jinxed!
Most surely jinxed. Somebody pumped and dumped it seems. Or something like that.
The "bid-ask spread" volume is low.
Therefore even low volume transactions can triger wild swings in price. This is and will be commonplace untill the ask/bid catch up.
Uncurlhalo
Full Member
Offline
Activity: 238
Merit: 100
|Argus| Accounting and Auditing on the Blockchain
Re: How high the spike will go this time?
April 20, 2012, 10:38:30 PM
#7
You both are probably right. It will go up and down a good bit. I just liked the irony of this post being made practically the same minute as when the price went from 5.44 down to like 5.26. It was just to perfect.
Argus the revolution in making
gamer4156
Sr. Member
Offline
Activity: 1008
Merit: 250
Re: How high the spike will go this time?
April 20, 2012, 10:39:48 PM
#8
Once all the drug dealers have to sell their money from the SR sale the price will go down. I know most of you think that SR isnt the #1 reason for bitcoins success but after this huge spike for 4/20 I dont know how you can deny it any more.
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Re: How high the spike will go this time?
April 20, 2012, 10:50:14 PM
#9
Quote from: gamer4156 on April 20, 2012, 10:39:48 PM
Once all the drug dealers have to sell their money from the SR sale the price will go down. I know most of you think that SR isnt the #1 reason for bitcoins success but after this huge spike for 4/20 I dont know how you can deny it any more.
lol
wouldn't you think they would buy b4 4/20?
X
oti
k
a
.TV
powered by bitcoin
Relax
and
Enjoy
Live
Shows for
B
i
t
c
o
i
n
✲
Tip
Hot Girls
Online with Bitcoin
✲
Accepts
Bitcoin
or
Dogecoin
and many more!
✲
Crypt_Current
Hero Member
Offline
Activity: 686
Merit: 500
Shame on everything; regret nothing.
Re: How high the spike will go this time?
April 20, 2012, 11:01:27 PM
#10
Quote from: adamstgBit on April 20, 2012, 10:50:14 PM
Quote from: gamer4156 on April 20, 2012, 10:39:48 PM
Once all the drug dealers have to sell their money from the SR sale the price will go down. I know most of you think that SR isnt the #1 reason for bitcoins success but after this huge spike for 4/20 I dont know how you can deny it any more.
lol
wouldn't you think they would buy b4 4/20?
Stoners? nope
10% off at CampBX for LIFE:
https://campbx.com/main.php?r=C9a5izBQ5vq
---- Authorized BitVoucher MEGA reseller (& BTC donations appreciated):
https://bitvoucher.co/affl/1HkvK8o8WWDpCTSQGnek7DH9gT1LWeV5s3/
LTC: LRL6vb6XBRrEEifB73DiEiYZ9vbRy99H41 NMC: NGb2spdTGpWj8THCPyCainaXenwDhAW1ZT
disclaimer201
Legendary
Offline
Activity: 1526
Merit: 1001
Re: How high the spike will go this time?
April 21, 2012, 12:11:35 AM
#11
Quote from: Crypt_Current on April 20, 2012, 11:01:27 PM
Quote from: adamstgBit on April 20, 2012, 10:50:14 PM
Quote from: gamer4156 on April 20, 2012, 10:39:48 PM
Once all the drug dealers have to sell their money from the SR sale the price will go down. I know most of you think that SR isnt the #1 reason for bitcoins success but after this huge spike for 4/20 I dont know how you can deny it any more.
lol
wouldn't you think they would buy b4 4/20?
Stoners? nope
So they must be extremely dumb or extremely bad businessmen. Not even. They must be irrational customers. In any case, this speaks against using SR, not from a moral point of view, but an economic. I wouldn't want to deal with people who are so dumb to deliberately hurt themselves economically.
proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
Re: How high the spike will go this time?
April 21, 2012, 12:17:35 AM
#12
I think ~$5.50 will be the top for a while, but we'll see. Still waiting for a re-entry point and still planning on it being below $5.00.
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.
Spekulatius
Legendary
Offline
Activity: 1022
Merit: 1000
Re: How high the spike will go this time?
April 21, 2012, 12:27:13 AM
#13
Yep 5.5 is the next resistance, but taking that buying volume into account, I dont think itll last long. Maybe till tomorrow. Re-entry around 5.20-5.30. Next stop 6 USD!
hazek
Legendary
Offline
Activity: 1078
Merit: 1002
Re: How high the spike will go this time?
April 21, 2012, 12:34:35 AM
#14
Quote from: Crypt_Current on April 20, 2012, 11:01:27 PM
Quote from: adamstgBit on April 20, 2012, 10:50:14 PM
Quote from: gamer4156 on April 20, 2012, 10:39:48 PM
Once all the drug dealers have to sell their money from the SR sale the price will go down. I know most of you think that SR isnt the #1 reason for bitcoins success but after this huge spike for 4/20 I dont know how you can deny it any more.
lol
wouldn't you think they would buy b4 4/20?
Stoners? nope
I have strong doubts SR had much to do with today's rally since most of people trading there don't use the 100% by the book give us your ID info or we keep your money mtgox.
My personality type:
INTJ
- please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)
If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
SgtSpike
Legendary
Offline
Activity: 1400
Merit: 1005
Re: How high the spike will go this time?
April 21, 2012, 12:34:58 AM
#15
I don't know, I'm not very high right now...
disclaimer201
Legendary
Offline
Activity: 1526
Merit: 1001
Re: How high the spike will go this time?
April 21, 2012, 12:36:11 AM
#16
Quote from: proudhon on April 21, 2012, 12:17:35 AM
I think ~$5.50 will be the top for a while, but we'll see. Still waiting for a re-entry point and still planning on it being below $5.00.
I don't understand what you are doing there exactly. So, you go all out only to get back in the game later? Is this just to get some kicks out of it, or is this actually a working strategy?
I am a miner with a little more than 3Ghash/s, and my goal is to sell as high as possible obviously, but I would never sell all of my coins unless Vlad reaches 30%+ of the network rate or something horrible happens. Maybe so, if I needed to break even to pay for my initial investment. But other than that...
Say you buy in again at just below 5, and the price never reaches 5 again, which is unlikely, but as far as I can tell from many forum posts, bitcoin is a very risky thing and far from a safe investment.
RyNinDaCleM
Legendary
Offline
Activity: 2408
Merit: 1009
Legen -wait for it- dary
Re: How high the spike will go this time?
April 21, 2012, 12:42:59 AM
#17
Quote from: disclaimer201 on April 21, 2012, 12:36:11 AM
Quote from: proudhon on April 21, 2012, 12:17:35 AM
I think ~$5.50 will be the top for a while, but we'll see. Still waiting for a re-entry point and still planning on it being below $5.00.
I don't understand what you are doing there exactly. So, you go all out only to get back in the game later? Is this just to get some kicks out of it, or is this actually a working strategy?
I am a miner with a little more than 3Ghash/s, and my goal is to sell as high as possible obviously, but I would never sell all of my coins unless Vlad reaches 30%+ of the network rate or something horrible happens. Maybe so, if I needed to break even to pay for my initial investment. But other than that...
Say you buy in again at just below 5, and the price never reaches 5 again, which is unlikely, but as far as I can tell from many forum posts, bitcoin is a very risky thing and far from a safe investment.
That's speculation!
Hold (long) on the way up, sell (short) as close to the top as possible, only to buy back more at a lower price.
Bit-Simulator 2.0 - A virtual Bitcoin trading competition
556j
Sr. Member
Offline
Activity: 252
Merit: 250
Re: How high the spike will go this time?
April 21, 2012, 12:17:01 PM
#18
Quote from: disclaimer201 on April 21, 2012, 12:11:35 AM
So they must be extremely dumb or extremely bad businessmen. Not even. They must be irrational customers. In any case, this speaks against using SR, not from a moral point of view, but an economic. I wouldn't want to deal with people who are so dumb to deliberately hurt themselves economically.
Except there was a huge sale on SR that started like 12 hours ago, no commision so around 7% of the cost right off the bat. Then a lot of vendors also reduced prices on top of that. The sale ends in 1 day 5 hours watch the sell off
Also, of course drug users are irrational customers. It's been shown over time most drug use does not go down even when the price of them goes up exponentially. There's a somewhat fixed demand regardless of the price.
Shadow383
Sr. Member
Offline
Activity: 336
Merit: 250
Re: How high the spike will go this time?
April 21, 2012, 01:33:38 PM
#19
Quote from: hazek on April 21, 2012, 12:34:35 AM
Quote from: Crypt_Current on April 20, 2012, 11:01:27 PM
Quote from: adamstgBit on April 20, 2012, 10:50:14 PM
Quote from: gamer4156 on April 20, 2012, 10:39:48 PM
Once all the drug dealers have to sell their money from the SR sale the price will go down. I know most of you think that SR isnt the #1 reason for bitcoins success but after this huge spike for 4/20 I dont know how you can deny it any more.
lol
wouldn't you think they would buy b4 4/20?
Stoners? nope
I have strong doubts SR had much to do with today's rally since most of people trading there don't use the 100% by the book give us your ID info or we keep your money mtgox.
You'd be surprised.
And regardless, one way or another, if there's a surge in demand for BTC on other exchanges it'll push the mtgox price up too.
Market dynamics at work
proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
Re: How high the spike will go this time?
April 21, 2012, 01:47:58 PM
#20
Looks like it was a good I moved my bids down. Expecting more downward movement.
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.
Pages: [
1
]
2
»
All
Print
Bitcoin Forum
>
Economy
>
Economics
>
Speculation
>
How high the spike will go this time?
« previous topic
next topic »
Jump to:
Please select a destination:
-----------------------------
Bitcoin
-----------------------------
=> Bitcoin Discussion
===> Legal
===> Press
===> Meetups
===> Important Announcements
=> Development & Technical Discussion
===> Wallet software
=====> Electrum
=====> Bitcoin Wallet for Android
=====> BitcoinJ
=====> Armory
=====> Mycelium
=====> Hardware wallets
=> Mining
===> Mining support
===> Pools
===> Mining software (miners)
===> Hardware
=====> Group buys
===> Mining speculation
=> Bitcoin Technical Support
=> Project Development
-----------------------------
Economy
-----------------------------
=> Economics
===> Speculation
=> Marketplace
===> Goods
=====> Computer hardware
=====> Digital goods
=======> Invites & Accounts
=====> Collectibles
===> Services
===> Currency exchange
===> Gambling
=====> Games and rounds
=====> Investor-based games
=====> Gambling discussion
===> Lending
=====> Long-term offers
===> Securities
===> Auctions
===> Service Announcements
=====> Micro Earnings
===> Service Discussion
=====> Web Wallets
=====> Exchanges
=> Trading Discussion
===> Scam Accusations
===> Reputation
-----------------------------
Other
-----------------------------
=> Meta
===> New forum software
===> Bitcoin Wiki
=> Politics & Society
=> Beginners & Help
=> Off-topic
=> Serious discussion
===> Ivory Tower
=> Archival
===> Корзина
===> CPU/GPU Bitcoin mining hardware
===> Chinese students
===> Obsolete (buying)
===> Obsolete (selling)
===> MultiBit
-----------------------------
Alternate cryptocurrencies
-----------------------------
=> Altcoin Discussion
=> Announcements (Altcoins)
===> Tokens (Altcoins)
=> Mining (Altcoins)
===> Pools (Altcoins)
=> Marketplace (Altcoins)
===> Service Announcements (Altcoins)
===> Service Discussion (Altcoins)
===> Bounties (Altcoins)
=> Speculation (Altcoins)
-----------------------------
Local
-----------------------------
=> العربية (Arabic)
===> العملات البديلة (Altcoins)
=====> النقاشات
===> إستفسارات و أسئلة المبتدئين
===> التعدين
===> النقاشات الأخرى
===> منصات التبادل
=> Bahasa Indonesia (Indonesian)
===> Marketplace (Bahasa Indonesia)
===> Mining (Bahasa Indonesia)
===> Altcoins (Bahasa Indonesia)
===> Trading dan Spekulasi
===> Ekonomi, Politik, dan Budaya
===> Topik Lainnya
=> Español (Spanish)
===> Mercado y Economía
=====> Servicios
=====> Trading y especulación
===> Hardware y Minería
===> Esquina Libre
===> Mercadillo
=====> Mexico
=====> Argentina
=====> España
=====> Centroamerica y Caribe
===> Primeros pasos y ayuda
===> Altcoins (criptomonedas alternativas)
=====> Minería de altcoins
=====> Servicios
=====> Tokens (Español)
=> 中文 (Chinese)
===> 跳蚤市场
===> 山寨币
===> 媒体
===> 挖矿
===> 离题万里
=> Hrvatski (Croatian)
===> Trgovina
===> Altcoins (Hrvatski)
=====> Announcements (Hrvatski)
===> Off-topic (Hrvatski)
=> Deutsch (German)
===> Anfänger und Hilfe
===> Mining (Deutsch)
===> Trading und Spekulation
===> Projektentwicklung
===> Off-Topic (Deutsch)
===> Treffen
===> Presse
===> Altcoins (Deutsch)
=====> Announcements (Deutsch)
===> Marktplatz
=====> Auktionen
=====> Suche
=====> Biete
=> Ελληνικά (Greek)
===> Αγορά
===> Mining Discussion (Ελληνικά)
===> Altcoins (Ελληνικά)
=====> Altcoin Announcements (Ελληνικά)
=====> Altcoin Mining (Ελληνικά)
=> עברית (Hebrew)
=> Français
===> Actualité et News
===> Débutants
===> Discussions générales et utilisation du Bitcoin
===> Mining et Hardware
===> Économie et spéculation
===> Place de marché
=====> Échanges
=====> Produits et services
=====> Petites annonces
===> Le Bitcoin et la loi
===> Wiki, documentation et traduction
===> Développement et technique
===> Vos sites et projets
===> Hors-sujet
===> Altcoins (Français)
=====> Annonces
=> India
===> Mining (India)
===> Marketplace (India)
===> Regional Languages (India)
===> Press & News from India
===> Alt Coins (India)
===> Buyer/ Seller Reputations (India)
===> Off-Topic (India)
=> Italiano (Italian)
===> Guide (Italiano)
===> Progetti
===> Discussioni avanzate e sviluppo
===> Trading, analisi e speculazione
===> Mercato
=====> Mercato valute
=====> Beni
=====> Servizi
=====> Esercizi commerciali
=====> Hardware/Mining (Italiano)
=====> Gambling (Italiano)
===> Accuse scam/truffe
===> Mining (Italiano)
===> Alt-Currencies (Italiano)
=====> Annunci
===> Raduni/Meeting (Italiano)
===> Crittografia e decentralizzazione
===> Off-Topic (Italiano)
=> 日本語 (Japanese)
===> アルトコイン
=> Nederlands (Dutch)
===> Markt
===> Gokken/lotterijen
===> Mining (Nederlands)
===> Beurzen
===> Alt Coins (Nederlands)
===> Off-topic (Nederlands)
===> Meetings (Nederlands)
=> Nigeria (Naija)
===> Politics and society (Naija)
===> Off-topic (Naija)
=> 한국어 (Korean)
===> 대체코인 Alt Coins (한국어)
=> Pilipinas
===> Altcoins (Pilipinas)
=====> Altcoin Announcements (Pilipinas)
===> Pamilihan
===> Others (Pilipinas)
=> Polski
===> Tablica ogłoszeń
===> Alternatywne kryptowaluty
=====> Nowe kryptowaluty i tokeny
=====> Tablica ogłoszeń (altcoiny)
=> Português (Portuguese)
===> Primeiros Passos (Iniciantes)
===> Economia & Mercado
===> Mineração em Geral
===> Desenvolvimento & Discussões Técnicas
===> Criptomoedas Alternativas
===> Brasil
===> Portugal
=> Русский (Russian)
===> Новички
===> Бизнес
=====> Барахолка
=====> Обменники
===> Идеи
===> Кодеры
===> Майнеры
===> Политика
===> Трейдеры
===> Альтернативные криптовалюты
=====> Токены
=====> Бayнти и aиpдpoпы
===> Хайпы
===> Работа
===> Разное
===> Oбcyждeниe Bitcoin
=====> Новости
=====> Юристы
=> Română (Romanian)
===> Anunturi importante
===> Offtopic
===> Market
=====> Discutii Servicii
===> Minerit
===> Tutoriale
===> Bine ai venit!
===> Presa
===> Altcoins (Monede Alternative)
=====> Anunturi Monede Alternative
=> Skandinavisk
=> Türkçe (Turkish)
===> Bitcoin Haberleri
===> Pazar Alanı
===> Madencilik
===> Ekonomi
===> Servisler
=====> Fonlar
===> Proje Geliştirme
===> Alternatif Kripto-Paralar
=====> Madencilik (Alternatif Kripto-Paralar)
=====> Duyurular (Alternatif Kripto-Paralar)
===> Konu Dışı
===> Yeni Başlayanlar & Yardım
===> Buluşmalar
=> Other languages/locations
Loading...