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Topic: April 20th - page 2. (Read 3115 times)

hero member
Activity: 588
Merit: 500
Coinabul - Gold Unbarred
April 02, 2012, 12:32:18 AM
#10
Bitcoin is going to get hiiiiiiiiiiigh
legendary
Activity: 1904
Merit: 1002
April 02, 2012, 12:31:28 AM
#9
Price will bottom at $4.20 on 4-20, then we'll see the rocket.
newbie
Activity: 56
Merit: 0
April 01, 2012, 10:26:26 PM
#8
420 is a very small variable in a very large equation.
in any case 420 or not, up we go!
8$ any day now  Grin
So it looks like whether or not 420 affects anything, it's likely the Bitcoin will be going up in the coming weeks?


or they will be so stoned that they will choose paypal instead
Haha
member
Activity: 76
Merit: 10
April 01, 2012, 10:24:59 PM
#7
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
April 01, 2012, 10:13:49 PM
#6
I would like to say that SR buyers will pump the rate high
or they will be so stoned that they will choose paypal instead   Grin

maybe they will be so stone they will delete their wallets ?

21million MY ASS!
legendary
Activity: 1099
Merit: 1000
April 01, 2012, 10:11:43 PM
#5
I would like to say that SR buyers will pump the rate high
or they will be so stoned that they will choose paypal instead   Grin
newbie
Activity: 45
Merit: 0
April 01, 2012, 10:11:24 PM
#4
Before I start, I would like to clearly state that I know nothing about Economics.

Alright so with April 20th coming up (420), I assume business on the Silk Road is going to be a little more then usual. So I'd imagine that soon people are going to be buying up some BTC and get their 420 orders in. Just guessing here. So with that said, will this drive the value of the Bitcoin up/down in the coming weeks? I am a miner, so should I start saving up my bitcoins, and sell them in a few weeks? Or do you think 4/20/12 will even have an effect on the Bitcoin?

Thoughts?


EDIT: Fixed typos

I don't think it would affect it that much since I doubt there will be THAT much volume going through silk road (but it does seem to have gotten pretty huge). Mostly I think it will have little effect since sellers would be cashing out their coins/ having their orders hedged, which means the money would pretty much be in and out of btc, netting little effect. Though if it does have an effect I would think it would be pushing it up, some of the people buying on silk road may start using btc for other online stuff as well.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
April 01, 2012, 10:10:54 PM
#3
Sell us your fucking bitcoins now! Angry

just kidding  Cheesy

420 is a very small variable in a very large equation.
in any case 420 or not, up we go!
8$ any day now  Grin


hero member
Activity: 770
Merit: 500
You're fat, because you dont have any pics on FB
April 01, 2012, 10:07:19 PM
#2
I still am very skeptical how much influance SR has..

I would be impressed if ANYTHING happens around that time.. 2 days either side..  18th to 22nd..

But ..  In my eyes it would go up first, no ?
newbie
Activity: 56
Merit: 0
April 01, 2012, 09:58:16 PM
#1
Before I start, I would like to clearly state that I know nothing about Economics.

Alright so with April 20th coming up (420), I assume business on the Silk Road is going to be a little more then usual. So I'd imagine that soon people are going to be buying up some BTC and get their 420 orders in. Just guessing here. So with that said, will this drive the value of the Bitcoin up/down in the coming weeks? I am a miner, so should I start saving up my bitcoins, and sell them in a few weeks? Or do you think 4/20/12 will even have an effect on the Bitcoin?

Thoughts?


EDIT: Fixed typos
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