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Author Topic: Prediction we will hit $7.50 in the next 3 weeks.  (Read 2754 times)
smoothie (OP)
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July 23, 2012, 08:19:25 PM
 #1

Just my speculation that the bitcoin price will hit $7.50 in the next 3 weeks.

It goes against some people's predictions to see $10 bitcoins. Then again it could go over $10 and come back to $7.50. The market has done wierder things (go to $31 then to $2).


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July 23, 2012, 08:22:52 PM
 #2

Sorry, but what a lameass prediction is that?
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July 23, 2012, 08:28:50 PM
 #3

Do you have anything intelligent to say besides how you think it is "lame"?


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July 23, 2012, 08:42:24 PM
 #4

Just my speculation that the bitcoin price will hit $7.50 in the next 3 weeks.

It goes against some people's predictions to see $10 bitcoins. Then again it could go over $10 and come back to $7.50. The market has done wierder things (go to $31 then to $2).



if we did one final jump up and over 10-13 and go down from their...

but i have to agree 7.50 is likely


whats even more likely tho, is 10
price will move to 10$ b4 the reward halfing
then it will surprise surprise double! 20$ a coin
 



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July 23, 2012, 09:02:37 PM
 #5

that's an obvious prediction.  Pirate's eventually going to take us down there for at least 10 minutes.  I think the chance of it settling down at 7.5 is 0, though.

(BFL)^2 < 0
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July 23, 2012, 09:15:14 PM
 #6

I disagree, I predict that the price will go up in the next 3 weeks.  This goes against some peoples predictions;  but then again it could go down and then up.  Or even up then down.

EDIT:  In fact, it just went up by a penny!  See my prediction is correct...

EDIT2: No more PMs please begging me for my predictions!  Don't hound me; this takes a lot of data and concentration...

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July 23, 2012, 09:19:52 PM
 #7

Just my speculation that the bitcoin price will hit $7.50 in the next 3 weeks.

It goes against some people's predictions to see $10 bitcoins. Then again it could go over $10 and come back to $7.50. The market has done wierder things (go to $31 then to $2).



I'm tending to think we will pull back some as well.  The rush of BFL orders has tapered way off.  IMO the jump to 9 was caused by increased BTC demand to preorder ASIC's.  As the rate of preorders slows, the price of BTC will pullback.
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July 23, 2012, 09:21:06 PM
 #8

We may touch it, but it won't stay that low.  There is strong support around 7.9-8.0 and I can only see it going up in the short term.  However, 3 weeks is a long ways away.

smoothie (OP)
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July 23, 2012, 09:22:39 PM
 #9

Just my speculation that the bitcoin price will hit $7.50 in the next 3 weeks.

It goes against some people's predictions to see $10 bitcoins. Then again it could go over $10 and come back to $7.50. The market has done wierder things (go to $31 then to $2).



I'm tending to think we will pull back some as well.  The rush of BFL orders has tapered way off.  IMO the jump to 9 was caused by increased BTC demand to preorder ASIC's.  As the rate of preorders slows, the price of BTC will pullback.

+1...price will taper off for a while...

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July 23, 2012, 09:28:23 PM
Last edit: July 23, 2012, 09:43:27 PM by adamstgBit
 #10

theirs alot of good news around

my friends are thinking about putting a few $ in bitcoin ( shes trying to get rich off a ponzi scheme called "Team" ) so far all she did is wast her time driving around and going to meetings while spending 300$ entrance fee + more money here and there...

I'm like fuck that, cut your losses their and join bitcoin!

 Cheesy

price is Very unpredictable, but we can see the most likely path  Wink

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July 23, 2012, 09:42:09 PM
 #11

theirs alot of good news around

my friends are thinking about putting a few $ in bitcoin ( shes trying to get rich off a ponzi scheme called "Team" ) so far all she did is wast her time driving around and going to meetings while spending 300$ entrance fee + more money here and there...

I'm like fuck that, cut your losses their and join bitcoin!

 Cheesy

price is Very unpredictable, but we can see the most likely path  Wink

Imagine if each of us got just one person to buy 1 bitcoin. If the current userbase is 30k people....that's 30k bitcoins bought...

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July 23, 2012, 09:47:46 PM
 #12

theirs alot of good news around

my friends are thinking about putting a few $ in bitcoin ( shes trying to get rich off a ponzi scheme called "Team" ) so far all she did is wast her time driving around and going to meetings while spending 300$ entrance fee + more money here and there...

I'm like fuck that, cut your losses their and join bitcoin!

 Cheesy

price is Very unpredictable, but we can see the most likely path  Wink

Imagine if each of us got just one person to buy 1 bitcoin. If the current userbase is 30k people....that's 30k bitcoins bought...

Naturally, when a friend puts money in, i do too.

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July 23, 2012, 09:49:01 PM
 #13

I disagree with the OP's prediction - lower support channel is in the 8.40's range. Accounting for the recent volatility and drawing channels incorporating the 'tails' of the daily bars gives a 8.00 support area - though that isn't a usual practice when determining trading trends and channels.

But that is what makes a market, I think one thing and someone is willing to come in at that price based on something else.

fortitudinem multis - catenum regit omnia
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July 23, 2012, 10:24:08 PM
 #14

I disagree with the OP's prediction - lower support channel is in the 8.40's range. Accounting for the recent volatility and drawing channels incorporating the 'tails' of the daily bars gives a 8.00 support area - though that isn't a usual practice when determining trading trends and channels.

But that is what makes a market, I think one thing and someone is willing to come in at that price based on something else.

Time will tell who was right

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July 24, 2012, 03:16:53 AM
 #15

I think we're building up for a drop even further than $7.50.

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 24, 2012, 03:25:26 AM
 #16

I think we're building up for a drop even further than $7.50.

I concur....I was being modest in my estimation...3 weeks as I said...could be in 5 days...but then again I'm not perfect in timing these things. I just know they will happen (fairly well).

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July 24, 2012, 03:34:36 AM
 #17

I think we're building up for a drop even further than $7.50.

pirate dumping da coins

I'm tempted to try to short, but I really believe in the long term potential and I don't trust my sense of timing for significant market moves. So... maybe I'll miss the opportunity to multiply my coins by 3 or 4 times... but I think the bounceback will be faster than the current one.

I'm selling great Minion Games like The Manhattan Project, Kingdom of Solomon and Venture Forth at 4% off retail starting June 2012. PM me or go to my thread in the Marketplace if you're interested.

For Settlers/Dominion/Carcassone etc., I do email gift cards on Amazon for a 5% fee. PM if you're interested.
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July 24, 2012, 06:17:57 PM
 #18

I think we're building up for a drop even further than $7.50.

lol, just keep dreaming...

(BFL)^2 < 0
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July 24, 2012, 06:19:48 PM
 #19

I predict that the price will either go up or down or stay the same.  Smiley

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July 24, 2012, 06:21:34 PM
 #20

I predict that the price will either go up or down or stay the same.  Smiley


Some prediction you got there...I predict something will happen...can't say for sure but something WILL happen...i.e. Nothing is considered a something too

LOL

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