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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 2281 times)
adamstgBit (OP)
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June 20, 2012, 01:46:33 AM
 #1

I Sold 50BTC today!
 Wink

mccorvic
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June 20, 2012, 01:52:24 AM
 #2

It will go down under $6.

Unless it doesn't.

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adamstgBit (OP)
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June 20, 2012, 01:54:45 AM
 #3

It will go down under $6.

Unless it doesn't.
oh shit!
I'm fucked

Yuhfhrh
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June 20, 2012, 01:56:13 AM
 #4

It will go down under $6.

Unless it doesn't.

Qft.
yogi
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June 20, 2012, 02:00:13 AM
 #5

The market does like to retest round numbers, so I'm going to say yes.

proudhon
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June 20, 2012, 03:18:47 AM
 #6

I think the market is primed for another cool down period of at least a month before it moves up again, and I do think the price will go below $6.

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.
mysteriousawake
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June 20, 2012, 06:07:10 AM
 #7

What and im trying to sell all my coins for over $8

damn you adam and your false hype...

HOw low will it go... 5.70

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adamstgBit (OP)
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June 20, 2012, 06:20:36 AM
 #8

What and im trying to sell all my coins for over $8

damn you adam and your false hype...

HOw low will it go... 5.70

Cheesy

I had a chance to buy back (I'm trading on virtex CAD), I consider myself lucky!

cloon
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June 20, 2012, 10:04:48 AM
 #9

do you all have any reason being bearish?

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proudhon
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June 20, 2012, 11:11:31 AM
 #10

do you all have any reason being bearish?

The RSI is one reason.

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.
Crypt_Current
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June 20, 2012, 02:19:57 PM
 #11

do you all have any reason being bearish?

The RSI is one reason.

Which RSI?  The 12-hour chart still shows above 70...

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Technomage
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June 20, 2012, 04:05:27 PM
 #12

I think the price is due for the opposite of a drop right now. :-)

The short term correction was weak so this is not surprising. The market is quite bullish. Interesting to see if we can break $7.

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TraderTimm
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June 20, 2012, 05:05:51 PM
 #13

Wouldn't mind a retrace to the 5.60 - 6.00 range. I don't want a hockey-stick up to 7 and beyond, prefer the retrace-plateau-increase cycle over exponential curves.

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Spekulatius
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June 20, 2012, 06:54:31 PM
 #14

I like hockey
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June 20, 2012, 06:56:44 PM
 #15

I like hockey
Cheesy Grin Cheesy Grin

Me too.  Hopefully I can be around to trade it this time.
silverbox
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June 20, 2012, 06:57:53 PM
 #16

I Sold 50BTC today!
 Wink

Didn't you spend the last month saying it was going to 8 in just a few weeks?  and you bail out now  *shakes head*..
Sitarow
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June 20, 2012, 07:03:32 PM
Last edit: June 20, 2012, 08:19:03 PM by Sitarow
 #17

The human trait to hope for the best clouds the average person’s ability to reason things out. And why in hindsight most people make the wrong decisions.

What we must do is gain the knowledge to be able to make the correct decisions and let the “other” people throw up their hands and hope for the best.

Start by gauging what the present market confidence is towards Bitcoins perceived value. Then set a course of action, up or down.

P.S.  IF your a day trader then do that every hr. Cheesy
YoYa
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June 20, 2012, 07:05:07 PM
 #18

Still pushing new highs, let's wait until we have a correction and a failed attempt to rise again before we start looking for the exit.
adamstgBit (OP)
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June 20, 2012, 07:26:26 PM
 #19

I Sold 50BTC today!
 Wink

Didn't you spend the last month saying it was going to 8 in just a few weeks?  and you bail out now  *shakes head*..

Day trading is not a crime!

6.10 by the end of the weekend, 8$ 2 weeks later Wink

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June 20, 2012, 08:00:38 PM
 #20

[guess]
I'm bullish right now. All the good press and other developments lead me to believe we are going up to about $8 before turning down.
[/guess]

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