some moron is basically giving bitcoins for free

[phillipsjk]

I'll laugh when all the bulltards and cultists start panic selling when we hit double digits.

Here's what the bulltards and cultists typically say:

"When we hit $xxx, I'll buy a ton of coins!!! Promise!!!! I'm just waiting for more weak hands to get shaken out!!!"

I am planning on buying in 2-3 weeks no matter what the price is. Just have to get my ID straightened out (Cavirtex lets you withdrawal CAD unverified but not deposit). I missed selling at the ATH as well (Cold storage FTW!).

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[unpure]

time to load up some next to free bitcoins before the moron runs out of coins to sell.

Bitcoin price is subjected to cost of production. If some ASIC manufactures and mining farms can continue to pump out coin at cheaper price, then they are still profiting from selling at this price.

[yefi]

I don't know about everyone else, but this is my buying price target:



If it doesn't happen, I'll just have to catch something on the way up.

The wisest buy-in move would probably be to wait patiently for clear technical confirmation of a trend reversal. The advantage of this is that you are likely to avert any soul-crushing grind in prices that would make you exit your position unfavourably.

Having said that, I'll wager a bet at 200

[Mellnik]

OMG this is like a dream, NMC for only $0.84. I am going to double my 3000NMC capital as soon as it goes sub 300.

[Robert Paulson]

time to load up some next to free bitcoins before the moron runs out of coins to sell.

Bitcoin price is subjected to cost of production. If some ASIC manufactures and mining farms can continue to pump out coin at cheaper price, then they are still profiting from selling at this price.

because of bitcoins adjustable difficulty the cost of production can be anything between almost 0 and infinity

[BetMoose]

I don't know about everyone else, but this is my buying price target:



If it doesn't happen, I'll just have to catch something on the way up.

The wisest buy-in move would probably be to wait patiently for clear technical confirmation of a trend reversal. The advantage of this is that you are likely to avert any soul-crushing grind in prices that would make you exit your position unfavourably.

Having said that, I'll wager a bet at 200

We actually have someone offering to double your money if it touches $200:

___________

Which price will Bitcoin cross first: $200 or $400?Options: $200 | $400

[BusyBeaverHP]

No bet for me. I think $400 will be reached, then the final capitulation at $200 a month or two from now.

As long as no announcement by the likes of the Winklevoss, SecondMarket, Amazon, or EBay pops out of the blue, we will have to test that trendline I drew... after a bull-trap.

On the other hand, if the final draft of Bitlicense is by some freak chance, favorable, then all bets on testing the ancient trendline are off as well.

[indiemax]

No bet for me. I think $400 will be reached, then the final capitulation at $200 a month or two from now.

As long as no announcement by the likes of the Winklevoss, SecondMarket, Amazon, or EBay pops out of the blue, we will have to test that trendline I drew... after a bull-trap.

On the other hand, if the final draft of Bitlicense is by some freak chance, favorable, then all bets on testing the ancient trendline are off as well.

Looks's like you you covered everything with that post

[kutaka]

I don't know about everyone else, but this is my buying price target:



If it doesn't happen, I'll just have to catch something on the way up.

Dude, this chart is totally taken out of your ass.