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Poll
Question: Will price drop below 6$
Yes - 29 (32.6%)
No - 60 (67.4%)
Total Voters: 89

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Author Topic: [Daily Speculation Poll] :: due for a price drop?  (Read 1988 times)
TraderTimm
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June 21, 2012, 06:51:01 AM
 #21

At the moment, on my large chart here... looks stronger than I thought it would.

Hanging at 6.6689 and all.

Yes, I have it on a big monitor - just for bitcoin Tongue

fortitudinem multis - catenum regit omnia
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ElectricMucus
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June 21, 2012, 07:52:11 PM
 #22

This looks like a bull trap, alas return to normal of this years bubble.

Too bad bitcoinica is gone.

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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June 21, 2012, 08:34:29 PM
 #23

This looks like a bull trap, alas return to normal of this years bubble.

Too bad bitcoinica is gone.

its not a trap either way

Volume looks strong even at these "high" prices

we will most likely go down (just cuz we went up so fast ) but not by much and not fast.

a few years from now a long term view will reveal a never ending and increasing strong bull run.  Cheesy

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June 21, 2012, 11:48:34 PM
 #24

I voted yes. We need the Virtex price to hit 6.16 CAD and that is quite possible even if MtGox does not fall below 6 USD. Current CAD / USD rate 1.0279. Last price on Virtex 6.57 CAD or 6.39 USD.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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June 25, 2012, 06:33:56 PM
 #25

Well as predicted the price has dropped below 6 USD. Virtex has traded at CAD 6.12 at 15:51 today that translates into USD 5.95 with a CAD USD rate of 0.972.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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