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Author Topic: $260 by the end of the week ? Heard it here first  (Read 4809 times)
srgkrgkj (OP)
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February 14, 2015, 10:44:47 AM
 #1

This is a real possibility with low resistance upwards but high resistance downwards with everyone attempting to get back on the boat ...

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February 14, 2015, 10:46:55 AM
 #2


kwukduck
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February 14, 2015, 10:50:28 AM
 #3

If you seriously think there's room above $250 you lost it...
Just look at the failed fundamentals and collapsing market. We will fall right back where we were just before this pump, probably much lower.
Current price still includes the illusion of getting rich quick with values of 50.000+,  wallstreet fantasy ETF, the lie that bitcoin is scalable or even workable..

14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
srgkrgkj (OP)
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February 14, 2015, 11:33:32 AM
 #4

Utah news is promising

srgkrgkj (OP)
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February 14, 2015, 11:33:54 AM
 #5

btw samb that rollercoaster goes up again lol

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February 14, 2015, 11:35:12 AM
 #6

End of the week is tomorow and it dosen't seem so promising ~247.5$ from preev.com
Let's give it one more couple of days

Feri22
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February 14, 2015, 11:44:55 AM
 #7

If you seriously think there's room above $250 you lost it...
Just look at the failed fundamentals and collapsing market. We will fall right back where we were just before this pump, probably much lower.
Current price still includes the illusion of getting rich quick with values of 50.000+,  wallstreet fantasy ETF, the lie that bitcoin is scalable or even workable..

Quoted....You have no idea where the price will be in few seconds,  so stop pretending you know something,  you don't
Hyena
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February 14, 2015, 12:16:14 PM
 #8

I wouldn't be surprised since tomorrow is my birthday and I'm a permabull.

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Searing
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February 14, 2015, 12:41:43 PM
 #9

I wouldn't be surprised since tomorrow is my birthday and I'm a permabull.

I just wish bitcoin would 'irrationally go up" as much as it 'irrationally goes down"

I mean if no one knows wtf is going on it would seem only fair

as an example

coinbase becomes a 'global bank' where anyone can move fiat from any country to usd quickly the news media says very little

if for some reason in a year coinbase decides the 'concept' does not work and takes it down quietly w/o scam issues

the press would run that FUD for months

good news just does not sell content and move ads is the old saying

anyway here is the link...the source (of course)  bitcoin magazine....hopefully ...hopefully this will get picked up by major news media

(I would not bet on it)

https://bitcoinmagazine.com/19296/aol-bitcoin-arrived-coinbase-launches-first-true-global-bank/

my 2c worth




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inca
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February 14, 2015, 12:42:29 PM
 #10

If you seriously think there's room above $250 you lost it...
Just look at the failed fundamentals and collapsing market. We will fall right back where we were just before this pump, probably much lower.
Current price still includes the illusion of getting rich quick with values of 50.000+,  wallstreet fantasy ETF, the lie that bitcoin is scalable or even workable..

Given you were here in 2010 (mining in 2010 no less!) the only question I have is, 'what price did you dump your early adopter coins?'.

Noone who has been around bitcoin since the beginning believes any of the transparent rubbish you spout. Furthermore you occasionally let the doomer mask slip and post reasonably so we know it is all a bad act.
bitards
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February 14, 2015, 12:50:14 PM
 #11

I wouldn't be surprised since tomorrow is my birthday and I'm a permabull.

I just wish bitcoin would 'irrationally go up" as much as it 'irrationally goes down"

I mean if no one knows wtf is going on it would seem only fair

as an example

coinbase becomes a 'global bank' where anyone can move fiat from any country to usd quickly the news media says very little

if for some reason in a year coinbase decides the 'concept' does not work and takes it down quietly w/o scam issues

the press would run that FUD for months

good news just does not sell content and move ads is the old saying

anyway here is the link...the source (of course)  bitcoin magazine....hopefully ...hopefully this will get picked up by major news media

(I would not bet on it)

https://bitcoinmagazine.com/19296/aol-[Suspicious link removed]ived-coinbase-launches-first-true-global-bank/

my 2c worth





It doesn't irrationally go down.  The advantages of using btc for the average consumer are essentially none.  I am not saying btc is useless, but lets see, I can get money back with my credit card, I pay money with my btc.  I can buy something instantly with my credit card, I can't with btc.  I have protection with my credit card, I don't with btc.
I am not trying to evade taxes or send money internationally.
I am not some crazy conspiracy theorist thinking that all fiat will fail yet btc will rise (if fiat failed the world would fall into anarchy and good luck getting on the internet.)
So what advantage do I get as the average consumer for using btc?  Good luck answering that with something other than the tech is great!

Why does it go down, it cannot sustain this dollar amount level, due to being useless for the majority of people. 
UnDerDoG81
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February 14, 2015, 12:57:38 PM
 #12

...
I am not some crazy conspiracy theorist ...

Man the CIA must be so proud that they invented this word in the 60s. I hate that word so much. It gets used every time when somebody thinks out of the (government) box.
inca
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February 14, 2015, 01:01:06 PM
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It doesn't irrationally go down.  The advantages of using btc for the average consumer are essentially none.  I am not saying btc is useless, but lets see, I can get money back with my credit card, I pay money with my btc.  I can buy something instantly with my credit card, I can't with btc.  I have protection with my credit card, I don't with btc.
I am not trying to evade taxes or send money internationally.
I am not some crazy conspiracy theorist thinking that all fiat will fail yet btc will rise (if fiat failed the world would fall into anarchy and good luck getting on the internet.)
So what advantage do I get as the average consumer for using btc?  Good luck answering that with something other than the tech is great!

Why does it go down, it cannot sustain this dollar amount level, due to being useless for the majority of people. 

Yet here you are.

Bitcoin is a no brainer for both merchants and those who hold is as a store of value in the longer term. You must be new.
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February 14, 2015, 01:05:03 PM
 #14

...
I am not some crazy conspiracy theorist ...

Man the CIA must be so proud that they invented this word in the 60s. I hate that word so much. It gets used every time when somebody thinks out of the (government) box.

+1

If you're a conspiracy theorist, then you're crazy, right? That's been the common belief for years, but recent studies prove that just the opposite is true.

http://themindunleashed.org/2014/10/scientific-study-reveals-conspiracy-theorists-sane.html
http://www.naturalnews.com/047168_conspiracy_theorists_sanity_propaganda.html
http://yournewswire.com/scientific-study-conspiracy-theorists-are-the-most-sane-of-all/
http://beforeitsnews.com/power-elite/2014/10/scientific-study-reveals-conspiracy-theorists-the-most-sane-of-all-2447132.html

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noma
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February 14, 2015, 01:06:39 PM
 #15

Don't hold bitcoin for its price. Hold it for the technology.
.
.
Oh wait, did a million people already say that . I must be late :/

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Hyena
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February 14, 2015, 01:14:24 PM
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Don't hold bitcoin for its price. Hold it for the technology.
.
.
Oh wait, did a million people already say that . I must be late :/

The price is not rapidly increasing because the local taxi driver hasn't sold his bitcoins yet.

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bitards
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February 14, 2015, 01:18:41 PM
 #17

Good job replying guys.

I got an explanation about conspiracy theorist and an answer that merchants should sue btc as a store of value.

No reply to why btc should be used. 

Typical illogical bitards.
erikalui
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February 14, 2015, 01:30:33 PM
 #18

I think it will be $260 or even more as the price is now $246 which is great. I sold my bitcoins just 2 days back for $222  Sad I wish I had waited for some time as now I would be getting more for the same amount  Cry

rich93
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February 14, 2015, 01:44:47 PM
 #19

I think it will be $260 or even more as the price is now $246 which is great. I sold my bitcoins just 2 days back for $222  Sad I wish I had waited for some time as now I would be getting more for the same amount  Cry

You only got one $222 bitcoin for your house? Was it an expensive cardboard box?

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RyNinDaCleM
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February 14, 2015, 01:49:30 PM
 #20

...I just wish bitcoin would 'irrationally go up" as much as it 'irrationally goes down" ...

Say what?
Look at 2013... Really, LOOK AT IT!!!  Roll Eyes

Quote
...it would seem only fair

You're right! That's why it's going down irrationally. Perhaps not as irrationally as the rise, though. The rally happened in ~9 months. This is a more controlled descent, taking over a year so far.

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