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Author Topic: Guesses on when we'll break $10  (Read 7932 times)
ineededausername (OP)
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July 20, 2012, 02:05:38 PM
 #1

Third time's the charm?  Perhaps after recovering from this dump (which is not impossible, given that we recovered from the dump from 9.5 to 7.3) we will finally break $10.

What do you think?  This month, or is 9.49 the 2012 high?

(BFL)^2 < 0
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July 20, 2012, 02:14:30 PM
 #2

perhaps next week?
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July 20, 2012, 02:31:30 PM
 #3

I'd make a bet any time that $9.49 will not be the 2012 high. However, I don't know when we hit $10. It's healthy that there was a dump and a correction, the rally was on overdrive. It would be nice if we could just stay around $8 for a while and have some time to think about the situation. Then after that I think $10 can be broken. With quick rallies everything is difficult because there is no time to think. Now I hope there is some time to think and people can make a better decision on what bitcoins are worth.

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July 20, 2012, 02:37:21 PM
 #4

Third time's the charm?  Perhaps after recovering from this dump (which is not impossible, given that we recovered from the dump from 9.5 to 7.3) we will finally break $10.

What do you think?  This month, or is 9.49 the 2012 high?

As soon as you post a rocket  Cool
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July 20, 2012, 02:51:19 PM
 #5

ineeded's rockets go in opposite direction
Mistafreeze
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July 20, 2012, 02:51:46 PM
 #6

Ask Pirate.
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July 20, 2012, 03:02:02 PM
 #7

Unstably before the end of this month, Stably a month after that.

-bgc

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July 20, 2012, 07:05:40 PM
 #8

Ask Pirate.

This.  Pirate = the bitcoin price.

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.
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July 20, 2012, 07:11:11 PM
 #9

Ask Pirate.

This.  Pirate = the bitcoin price.

Rubbish, of course. If Pirate = price then price would be exactly where you have (unsuccessfully) been predicting it's going to be.

Pirate, or someone, is trying desperately to control the price... but isn't.
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July 20, 2012, 07:13:02 PM
 #10

Pirate, or someone, is trying desperately to control the price... but isn't.

Or maybe lots of people are buying and a few people are selling.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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July 20, 2012, 09:34:15 PM
 #11

My guess is by September 1st if not sooner.

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July 20, 2012, 09:50:24 PM
 #12

Ask Pirate.

This.  Pirate = the bitcoin price.

Rubbish, of course. If Pirate = price then price would be exactly where you have (unsuccessfully) been predicting it's going to be.

Pirate, or someone, is trying desperately to control the price... but isn't.

A good analogy here is suppressing forest fires and letting the fuel in the forest build up. For a while this can work very well. No forest fires, but sooner or later there will be an out of control mega blaze far larger and hotter than any of the fires that were suppressed.

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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July 20, 2012, 09:52:14 PM
 #13

Ask Pirate.

This.  Pirate = the bitcoin price.

Trolling proudhon?  I hope...
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July 20, 2012, 09:53:01 PM
 #14

August 2012

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July 20, 2012, 09:56:57 PM
 #15

Ask Pirate.

This.  Pirate = the bitcoin price.

Trolling proudhon?  I hope...

Yeah, a little bit.

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.
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July 20, 2012, 10:25:53 PM
 #16

Ask Pirate.

This.  Pirate = the bitcoin price.

Rubbish, of course. If Pirate = price then price would be exactly where you have (unsuccessfully) been predicting it's going to be.

Pirate, or someone, is trying desperately to control the price... but isn't.


This is what I looks like to me. When it hits 9 there is a COMEX style smackdown but underlying pressure is there to bring it back up again.

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July 20, 2012, 11:11:06 PM
 #17

Rubbish, of course. If Pirate = price then price would be exactly where you have (unsuccessfully) been predicting it's going to be.

Pirate, or someone, is trying desperately to control the price... but isn't.

Yeah but he's sure doing a good job of profiting off it.  How else do you think he can afford those 7% per week payouts?

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July 21, 2012, 05:37:34 AM
 #18

I think we could actually break $10 in the next week or two, perhaps even before August 1st.

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July 21, 2012, 06:25:36 AM
 #19

When Gox goes live again, we may have our answer.
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July 21, 2012, 07:02:14 AM
 #20

Ask Pirate.

This.  Pirate = the bitcoin price.

I forget does Pirate want a quick rally to 11?  Kiss

I think this weekend will be quite.

I think i should put my life saving into bitcoin...

Its time.

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