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Topic: $48.30 is a viable target for the next mini-crash. (Read 1473 times)

legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
At this point it does not matter how steep the next sell-off will be. What matters is a breakout in the 10 to 20 day area to the downside.
hero member
Activity: 518
Merit: 500
My bids are at 56.

Sold once again yesterday. Shit spiked so sharply, was sure I was catching the top. But then it just stayed there Huh

That's why we say buy and hold, buy and hold Smiley

I suggest you buy in now before it's to late tho
member
Activity: 115
Merit: 10
My bids are at 56.

Sold once again yesterday. Shit spiked so sharply, was sure I was catching the top. But then it just stayed there Huh
hero member
Activity: 672
Merit: 500
You guys are nuts.
hero member
Activity: 518
Merit: 500
i dont really think thats a bubble right now.
but my guess for the biggest dip is 59.78

How do you not see the bubble. Look at any history over 2 months, and it is obvious that we are in a bubble. I don't mean that in any negative way. Any speculative market is susceptible to bubbles, and I think they are natural. Everyone knows we are in a bubble, but that just means the last person out gets burned, and everyone is comfortable playing hot potato until then.

i dont call it a bubble because i think that the current price raise if because of changed fundamentals.
 - many more people scared about fiat than last year
 - bitcoin has proven itself more
 - more companies (especially more "normal" ones)

i think bitcoin is just leaving the "nerd-area" and more people are recognizing it as a valid investment.

I just want to +1 for being on point.

If a fork couldn't pop this, ahem, "bubble" then speculators sure as hell won't be able to.
legendary
Activity: 1428
Merit: 1000
i dont really think thats a bubble right now.
but my guess for the biggest dip is 59.78

How do you not see the bubble. Look at any history over 2 months, and it is obvious that we are in a bubble. I don't mean that in any negative way. Any speculative market is susceptible to bubbles, and I think they are natural. Everyone knows we are in a bubble, but that just means the last person out gets burned, and everyone is comfortable playing hot potato until then.

i dont call it a bubble because i think that the current price raise if because of changed fundamentals.
 - many more people scared about fiat than last year
 - bitcoin has proven itself more
 - more companies (especially more "normal" ones)

i think bitcoin is just leaving the "nerd-area" and more people are recognizing it as a valid investment.
hero member
Activity: 672
Merit: 500
i dont really think thats a bubble right now.
but my guess for the biggest dip is 59.78

How do you not see the bubble. Look at any history over 2 months, and it is obvious that we are in a bubble. I don't mean that in any negative way. Any speculative market is susceptible to bubbles, and I think they are natural. Everyone knows we are in a bubble, but that just means the last person out gets burned, and everyone is comfortable playing hot potato until then.
legendary
Activity: 952
Merit: 1000
i dont really think thats a bubble right now.
but my guess for the biggest dip is 59.78

$57
legendary
Activity: 1428
Merit: 1000
i dont really think thats a bubble right now.
but my guess for the biggest dip is 59.78
hero member
Activity: 672
Merit: 500
I think that this bubble will take one more dip on the way up, and then spike to $100 before the final crash, back down to $50 or so, and then a slow decline to about $30something and some relative stability
hero member
Activity: 614
Merit: 500
I'm betting on a retrace to the low 50s for now.
full member
Activity: 215
Merit: 100
Shamantastic!
Bearish would be mid30's
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
Hey Happy, looking back on June 2011, did you ever think it would come to this?
FF

Hey Freddy,
Someday the prices will be much higher:
I thought the economy and security/usability would improve more, and the run up would be less crazy.*
*$50.023 is bullish for the downside target, imho.


$58

$58 from Dave
legendary
Activity: 1190
Merit: 1001
full member
Activity: 215
Merit: 100
Shamantastic!
Hey Happy, looking back on June 2011, did you ever think it would come to this?
FF
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
Whats the question?   what the drop will be to? ( If there is one in the next 7 days....)

Yes, like 49 to 33 a couple weeks ago.


$48.30 is far too ambitious :-)

Within the next few days we'll be flirting with $100. Any slight pull-back of 20% will be filled in almost instantly.

Such a mini-blip could come at any time and I can't see the future, so the safest bet here is that the all-time low in the next 7 days will be 68.5.

68.50 has been guessed.
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
$48.30 is far too ambitious :-)

Within the next few days we'll be flirting with $100. Any slight pull-back of 20% will be filled in almost instantly.

Such a mini-blip could come at any time and I can't see the future, so the safest bet here is that the all-time low in the next 7 days will be 68.5.
legendary
Activity: 1449
Merit: 1001
Whats the question?   what the drop will be to? ( If there is one in the next 7 days....)
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
We could hit $48.30 first and still be at $75.31 in under 7 days. Cheesy

In 7 days we will be around $75.31 and a lot of crying bears.

Current Gox bid of 68.80009 would be your guess for a low then, unless you want to change it.
sr. member
Activity: 294
Merit: 250
In 7 days we will be around $75.31 and a lot of crying bears.
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