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Topic: 80 is the psycological barrier that will trigger a return to higher prices? (Read 810 times)

full member
Activity: 205
Merit: 100
I spoke with my chum God Masturbatus and he said we'll go down to 0.000000001 dollar on november the 21st and on november 22nd shoot up to 3 billion dollar per btc
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
No, we will go significantly lower than 80 over the next month and possibly longer. But I am not ruling out the possibility that this will be over with sooner than it was in 2011/2012.


yup, and it might not even go up for a while now that the hype is over.

wake up guys.  if you don't use btc to buy stuff, dump it.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
Seems like BTC has bottomed?  If we reach 80, people might just jump back in and panic buy?  Well, let's hope it happen Cheesy

Of course, I could be wrong! Grin

think of it this way...  btc reached 200+ (which was way overpriced) due to people buying it up.  the opposite could also happen making btc 'underpriced'.

i wouldn't touch btc with a 10 foot pole at the moment.
 
legendary
Activity: 1834
Merit: 1019
good thing the exchange market is decentralizing
sr. member
Activity: 378
Merit: 250
Hey , we will touch 70 in short time ,may be a week...

There are no point for new cash to join a currency which can not be exchange in the future...regard to MT.GOX withdraw constrains...

I consider that MT.GOX itself is very low cash level right now...because massive withdraw request and limited new cash come in.



they could always take a loan from all the guys that cashed out Smiley
3600*365/11000000=11%  those new generated coin need a place to be digesting them, once new cash in flow below than this level ,MT.GOX in serious trouble.
legendary
Activity: 1834
Merit: 1019
Hey , we will touch 70 in short time ,may be a week...

There are no point for new cash to join a currency which can not be exchange in the future...regard to MT.GOX withdraw constrains...

I consider that MT.GOX itself is very low cash level right now...because massive withdraw request and limited new cash come in.



they could always take a loan from all the guys that cashed out Smiley
sr. member
Activity: 378
Merit: 250
Hey , we will touch 70 in short time ,may be a week...

There are no point for new cash to join a currency which can not be exchange in the future...regard to MT.GOX withdraw constrains...

I consider that MT.GOX itself is very low cash level right now...because massive withdraw request and limited new cash come in.

legendary
Activity: 896
Merit: 1000
60 in Euro terms

so what?

No one cares about the Euro. 80% of trading is USD.

hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
60 in Euro terms

so what?
full member
Activity: 177
Merit: 100
Seems like BTC has bottomed?  If we reach 80, people might just jump back in and panic buy?  Well, let's hope it happen Cheesy

Of course, I could be wrong! Grin

Hope there is a rally, though I'm on pin and needles.  The 569 at 80 is nice in that it helps build bids on top of it, but I am concerned about the wall being pulled out like a chair right from under the bids.

Too late, the 569 guy just pulled all of it at 80.
sr. member
Activity: 448
Merit: 250
No, we will go significantly lower than 80 over the next month and possibly longer. But I am not ruling out the possibility that this will be over with sooner than it was in 2011/2012.
hero member
Activity: 486
Merit: 500
full member
Activity: 143
Merit: 100
hero member
Activity: 826
Merit: 508
sr. member
Activity: 378
Merit: 250
Ah, didn't take long, let's see now Smiley
sr. member
Activity: 378
Merit: 250
Seems like BTC has bottomed?  If we reach 80, people might just jump back in and panic buy?  Well, let's hope it happen Cheesy

Of course, I could be wrong! Grin
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