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Topic: Approach to 4 or 2 digits inbound (Read 2311 times)

legendary
Activity: 2044
Merit: 1005
October 12, 2014, 04:50:30 PM
#21
Well, at 365 USD/BTC, we're a little bit closer to 1000 than 100.

I highly doubt that we'll reach either in the next 3 weeks; Bitcoin's rarely that volatile.
LOL I think you need to brush up on your addition and subtraction. At 365 we are 265 away from 100 and 635 away from 1,000. 636 > 265.

I think we do have the momentum to get back to 1,000 within the next few months. You need to remember that we went to ~100 to over 1k in less then one month last november  

We now know which hero member to NOT pay attention to when posting Smiley If you've been around for that long as still can't figure out how this market works you've probably been wasting your time in the wrong areas of research.
hero member
Activity: 686
Merit: 504
always the student, never the master.
October 12, 2014, 04:44:59 PM
#20
member
Activity: 84
Merit: 10
★Bitin.io★ - Instant Exchange
October 12, 2014, 04:42:27 PM
#19
best would be if it goes to $99 first and then to $1111.
newbie
Activity: 38
Merit: 0
October 12, 2014, 01:06:31 AM
#18
I really hope that BTC will go up till 1000$ atleast in near month.
legendary
Activity: 1106
Merit: 1005
October 12, 2014, 12:57:34 AM
#17
Well, at 365 USD/BTC, we're a little bit closer to 1000 than 100.

I highly doubt that we'll reach either in the next 3 weeks; Bitcoin's rarely that volatile.
LOL I think you need to brush up on your addition and subtraction. At 365 we are 265 away from 100 and 635 away from 1,000. 636 > 265.

I think we do have the momentum to get back to 1,000 within the next few months. You need to remember that we went to ~100 to over 1k in less then one month last november 

Actually you need to brush up your multiplying and dividing.

Addition and subtraction have nothing to do with it, it's all about relative movements, and percentage wise 1000 is in fact closer to 365 than 100 is.

If 365 increases 3 fold you'll be over 1000
If 365 decreases 3 fold you'll still be over 100

So relatively speaking, 365 is closer to 1000
sr. member
Activity: 420
Merit: 250
Ever wanted to run your own casino? PM me for info
October 11, 2014, 09:53:56 PM
#16
Well, at 365 USD/BTC, we're a little bit closer to 1000 than 100.

I highly doubt that we'll reach either in the next 3 weeks; Bitcoin's rarely that volatile.

LOL I think you need to brush up on your addition and subtraction. At 365 we are 265 away from 100 and 635 away from 1,000. 636 > 265.

Does this mean you think we are closer to $1 than $1000?  Are we closer to $0.01 than $1000?  What about -$10? that's only $375 away.

I don't doubt your arithmetic, I'm just not sure that addition and subtraction give us a useful notion of closeness in this context.
In what way are we closer to $1,000 then we are $100? I am not a bitcoin bear (but rather a long term believer) but the fact is that we are closer to 100 then 1k.
legendary
Activity: 1246
Merit: 1011
October 11, 2014, 12:39:05 PM
#15
Well, at 365 USD/BTC, we're a little bit closer to 1000 than 100.

I highly doubt that we'll reach either in the next 3 weeks; Bitcoin's rarely that volatile.

LOL I think you need to brush up on your addition and subtraction. At 365 we are 265 away from 100 and 635 away from 1,000. 636 > 265.

Does this mean you think we are closer to $1 than $1000?  Are we closer to $0.01 than $1000?  What about -$10? that's only $375 away.

I don't doubt your arithmetic, I'm just not sure that addition and subtraction give us a useful notion of closeness in this context.
legendary
Activity: 906
Merit: 1002
October 11, 2014, 10:41:20 AM
#14
Well, at 365 USD/BTC, we're a little bit closer to 1000 than 100.

I highly doubt that we'll reach either in the next 3 weeks; Bitcoin's rarely that volatile.
LOL I think you need to brush up on your addition and subtraction. At 365 we are 265 away from 100 and 635 away from 1,000. 636 > 265.

I think we do have the momentum to get back to 1,000 within the next few months. You need to remember that we went to ~100 to over 1k in less then one month last november 
member
Activity: 71
Merit: 10
October 11, 2014, 01:17:41 AM
#13
So that how its works.
legendary
Activity: 1176
Merit: 1010
Borsche
October 10, 2014, 01:33:56 PM
#12
If the price of a bitcoin drops 3-fold we'll still be in 3 digits (122 USD/BTC).  If the price of a bitcoin rises 3-fold we'll be in 4 digits (1095 USD/BTC).
I don't think that's how it works... Cheesy

No, that's actually exactly how it works. price movements are relative to the current price. $1 increase was +1000% once, so absolute values make no sense in markets. Only percentages.
newbie
Activity: 55
Merit: 0
October 10, 2014, 10:04:35 AM
#11
Haha just making a speculative estimate

This is the SPECULATION board correct?

My crystal ball just updated its software so we good.
legendary
Activity: 1092
Merit: 1001
Touchdown
October 10, 2014, 09:59:59 AM
#10
If the price of a bitcoin drops 3-fold we'll still be in 3 digits (122 USD/BTC).  If the price of a bitcoin rises 3-fold we'll be in 4 digits (1095 USD/BTC).
I don't think that's how it works... Cheesy
legendary
Activity: 1092
Merit: 1001
Touchdown
October 10, 2014, 09:58:57 AM
#9
Did OP read that from his crystal ball?
OP needs a new crystal ball if this one can't make its mind up.
legendary
Activity: 1246
Merit: 1011
October 10, 2014, 09:56:48 AM
#8
Well, at 365 USD/BTC, we're a little bit closer to 1000 than 100.

What kind of reasoning is that? we are closer to double digits...

If the price of a bitcoin drops 3-fold we'll still be in 3 digits (122 USD/BTC).  If the price of a bitcoin rises 3-fold we'll be in 4 digits (1095 USD/BTC).
member
Activity: 124
Merit: 11
October 10, 2014, 09:10:27 AM
#7
Well, at 365 USD/BTC, we're a little bit closer to 1000 than 100.

I highly doubt that we'll reach either in the next 3 weeks; Bitcoin's rarely that volatile.

What kind of reasoning is that? we are closer to double digits...

IMO we'll be still 3 digits in 21 days, there's no reason for it to move above or below.
legendary
Activity: 896
Merit: 1000
October 10, 2014, 08:04:58 AM
#6
Did OP read that from his crystal ball?

We will still be in the hundreds level. Probably $400 to $600. It is too soon after the dip below $300, over $1000 is pushing it.

Well, his prediction may seem all encompassing (it will go up or down!!) But it is fairly specific, as 2 or 4 digits is very unlikely.


Come back in 3 weeks and see!
legendary
Activity: 1246
Merit: 1011
October 10, 2014, 06:41:28 AM
#5
Well, at 365 USD/BTC, we're a little bit closer to 1000 than 100.

I highly doubt that we'll reach either in the next 3 weeks; Bitcoin's rarely that volatile.
hero member
Activity: 767
Merit: 532
October 10, 2014, 06:37:09 AM
#4
So you are saying the next 21 days are critical?

Great observation, I was thinking the same!
hero member
Activity: 658
Merit: 500
October 10, 2014, 05:49:39 AM
#3
Did OP read that from his crystal ball?

We will still be in the hundreds level. Probably $400 to $600. It is too soon after the dip below $300, over $1000 is pushing it.
hero member
Activity: 588
Merit: 500
October 10, 2014, 05:42:15 AM
#2
So you are saying the next 21 days are critical?
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