Topic: Before the day ends $200 (Read 3568 times)

seriously 

Many at times do not want to believe what others post given the fact of how much trash gets posted on Bitcointalk. I spoke of prices tanking down months and months ago. Did anyone listen to me nope post just went into the vapour of Bitcointalk never to be seen again and I did warn countless people about the drops and what was forecast yet no one took note of what was going to happen and said stop smack or trolling or fuddling but again forecast predicted over many factors each time been almost right every time with a small margin of maybe 5% each way on low and high.

End of week results for BTC-e will be around $170 to $190,... Current market $180 will drop into the $170s and if it goes past that no doubt it will see a $165 to $140s area given the amount of coin that is holding the market up. If across a number of BTC trading sites should see a few more drops yet to come and their vols are not talking much numbers even tho orders been spread about evenly. Only going to take 100 to 200 BTC to crash markets down to $40 might cause a buying craze however only time will tell and am not going to say sh!t over and over again. Read the news read about other markets not just Bitcoin ull see what is going on among crypto and also fiat and people cashing out smack talking and panic selling. Value will rise in a few months time right now its a sinking ship to low lows again with some alt markets going though the roof and I wont comment their. Do some research and ull find out what you need to know for you to make a good earner for a fair wack of BTC and fiat

I didn't believe the OP.
I stand humbled now.

200 looking good now ... 

$166.44 at stamp now. That tanked harder than I expected. I was pretty sure that it was a safe bet for sgbett, but it was far closer than I imagined.

Wow, that was a very close call. If the bet had ended just 6-7 hours later, you would have lost the bet.

Good to see the price has climbed back up to where it was before that big crash a couple of hours ago too. It's now trading at pretty much exactly $200 now ($199 on Bitstamp and $204 on Preev).

I watched the clock tick over... pretty clear to me

Was pretty surprised this morning though - close call!

so who won the bet?

Wait... What the fuck? Looks like it happened. OP's prediction came true:

I would think that most people here are in the US, and it's getting very close to the end of the day for them and in some states, the day has already passed. It's early morning in the UK right now.

Screenshot from Preev:



And Bitstamp:



Very sad. I think the price went down by about $100 in three days.

Well we're a bit later than i expected, but here we go.

560k, 14 months from the post date 27/9/14

I predected that in a mass adoption scenario we would see swings of an order of magnitude that are currently incomprehensible.

The thread title was clickbait. The body of the post explains the actual figure isn't an accurate prediction. I was speculating on how a mass adoption scenario might unfold and what the price action would be. I can pretty much guarantee I'm wrong on the specifics. Not because bitcoin is going to zero, but because 580,000 is just one number. There are so many other numbers!

If you imagine for a second that this selloff is the antithesis to the prior bubble. That it too eventually comes to an end. That in actual fact BTC marches on. In that scenario how do we get from a few billions market cap to capturing a big chunk of online remittance.

I'm not saying it *will* happen, but if it does, *how* will it happen?

Predictable straight line increase, or a sickeningly volatile lurching to and fro between moon and doom?

How long until the day ends? still above $200 at end of uk day!

Didn't you recently predict $570k bitcoins sometime later in 2015 though? Or was it 700k?

As promised here are my "Bagholders Questions" responses...


1. I constantly doubt whether I am doing the right thing, its hard to hold through big swings. However, I have to stick to the plan. If I had the cash to spare (i.e. didn't mind losing) then I would buy more.

2. It depends how we get to $50. If its a slow decline, and if I have a little spare cash available then I might buy more. If its because of some catastrophic failure and the price is tanking hard (like 80%+ drop in a matter of hours) I might just sit and watch how it unfolds.

3. I haven't the slightest idea, but the price in a month isn't really a concern. Just as the price in the last year hasn't been. I'm on a 10-20 year outlook. It either succeeds or it fails. I'm not here to trade. If I wanted to lose money then I could easily do so on forex markets, or I've found spread betting to be even more efficacious!  

If I *have* to put a number on it then I'll choose $325. On St Valentine's day of all days. If I'm right I'll send you flowers.

waiting for the price below $200

And it did go back up within a few days. I bought at 296 and hodled all the way down to like 250, then sold at 301.

There are so many TOP experts here, you guys must be rich by now. Or not?....

Once it went below $300 a lot people said it will go back up within a few days. GUARANTEED!!   

1CvSUu4LRfkCEM2tKsJh87Z8sa6bKiyhLV

 

I'll even answer your questions to bagholders should I win...

Despair everywhere... a lot of people selling and selling like crazy . but yes it will just keep going down until 100$ pretty sure about this

short with a stop at 200$!

Probably gonna buy back between 180$ and 200$.

I'm waiting patiently for 130-140 usd... and dead cat bounce

I think it will slowly go back to the range of $1-20. Lets face it Mt.Gox is responsible for pushing it to $1k

I dont think that it will hit $200 in the end of the day..

Not yet price is still way to high.

Not enough people that want to buy BTC. 

Until inflation is in the 1% range just to much is being pumped out and sold.  Perhaps when the massive mines are forced to shutdown as they are bankrupt it will be different as most of the miners will be holding.

The support floors are falling like dominos:

- $241 (RMB1500)
- $200
- $161 (RMB1000)
- $100
- $80.59 (RMB500)
- $50

High chance we'll be at $50 by Friday.

Good buy! I also believe that Bitcoin will stay stable above 200$ .

Also, I would like to buy some if the price goes lower... 

Good buy mate.

Full marks for confirming the bet. You are a man of honour, unlike some others.

Despair on crack

The 1000$ was faked by Gox.

But still an massive drop over the year.

bitcoin has lost approx $1000 in a year. that is nuts. i think we've hit despair with 20x leverage.

Wow, that was definitely a huge drop. I sure as hell wasn't expecting that. Price is around $230 at the moment. I wouldn't have said this a few months ago but it seems that we're just going further and further down. I wouldn't be surprised if we hit double digits again. I'm glad that I only have a single bitcoin now. I divested into alts a while ago and they've been performing a bit better but I'm still down overall.

The 2.0 Coins Era has started!

And it will be glorious.

Sub 200? You do know there is a strong buying support at that price do you? A lot of buyers (myself, one of them) will be more than willing to throw whatever we have to get it at that bargain price.

most average joe are just waiting for super cheap coins, for them is still too expensive

around 100 a good support would come also from them

Well it just hit 216 on stamp . Anything is possible.
Coming back up now.

I only bought BTC100 today. But if the price drops below US$200, I'll buy BTC100 more. Gotta grab those cheap coins.

you are going to lose.

furthermore before all the assclowns jump in at the eleventh hour when btc is $200.11 trying to earn a quick BTC ...the bet is claimed.

I'm not stupid, course there is a chance it could happen, i just don't think so right now... kind of...

Dis goan be gud

I'm ready to buy some bitcoin , it is so cheap.

reliable sources confirm it.

Quoted for reference. Current price on BitStamp is 232. Enjoy your bet.

Balls of steel. I like that. Good luck!

i sold before it crashed completely 

absolutely.

you got yourself a bet. it is roughly at $230 on bitstamp at the moment. I still have another 12 hours. you are going to lose the bet old man.

I'm also willing to bet 1 bitcoin price stays well above $200 today on Bitfinex.

I bought 400 bitcoin today.

...tumbleweed...

I bet 1 BTC it isn't.

at no point before midnight GMT is it below $200

bitstamp price

What say you?

Does sub 100 count as sub 200?

Absolutely (in EUR)

You heard it here first.
There's blood in the streets, and there will be a river.
Sub 200 before the end of the day.