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Topic: Bitcoin drop to $60 - page 3. (Read 3701 times)

newbie
Activity: 42
Merit: 0
February 23, 2013, 04:16:24 PM
#14
Are you miner?

Yeah I've been mining a lot lately.  Nothing professional like other people.  Just a hobbyist.

I trade options mostly and am familiar with technical analysis.  When I get my charts showing this BTC data nicely I'll show you my true thoughts.  I think we're going pop before we continue our leg upward.  A healthy correction is needed.  The volatility is too high for the big adoption rate we're hoping for.

I am rooting for BTC, so don't get me wrong.  I just want to speculators to get weeded out.
newbie
Activity: 31
Merit: 0
February 23, 2013, 06:55:06 AM
#13
It's all about supply and demand.
If we consider the Bitcoin as Gold - then the more people use it, the more people buy with it.
The less there are Bitcoins to provide. Hence - price goes up. Hence we start using mBTC.

mBTC is a form of psychology where you don't use 1 bitcoin to buy a house or 0.0001 bitcoin to buy a bubble gum.
Numbers in our mind should stay correlated to nowadays currencies.

BTCBTCBTCBTCgILisHBTCBTCBTC


newbie
Activity: 43
Merit: 0
February 23, 2013, 06:40:06 AM
#12
I wish it would go up to 60$...incredible!!
legendary
Activity: 1414
Merit: 1000
February 22, 2013, 05:10:18 PM
#11
Still no correction yet. Nobody knows when it fall down. It can falls down just like an angel. From $40 down to $4.
I think, btc will not fall below bottom red line (under $20 in april (and then rise to $60), or $60 at the end of year). It depends on how big wave comes.
hero member
Activity: 639
Merit: 500
February 22, 2013, 04:58:02 PM
#10
Still no correction yet. Nobody knows when it fall down. It can falls down just like an angel. From $40 down to $4.
legendary
Activity: 1414
Merit: 1000
February 22, 2013, 04:44:12 PM
#9
When does it peak? Keep going after 60?
I believe it will. It will grow forever or fail to zero (if someone destroys internet). Looks like peak will be above $200 (this year), but then may be fall.
legendary
Activity: 1414
Merit: 1000
February 22, 2013, 04:33:26 PM
#8
$60 is the worst scenario :-)
newbie
Activity: 5
Merit: 0
February 22, 2013, 04:18:10 PM
#7
Now thats some great news!!
sr. member
Activity: 295
Merit: 250
February 22, 2013, 04:17:01 PM
#6
When does it peak? Keep going after 60?
newbie
Activity: 43
Merit: 0
February 22, 2013, 03:16:33 PM
#5
60$... woow
hero member
Activity: 528
Merit: 500
Tokens That Store Virtual Energy
February 22, 2013, 03:09:47 PM
#4
haha...I do think that it will grow exponentially as the adoption rate increases...especially if larger and well known businesses start taking bitcoin transactions.  I think we might be past 100 by the end of this year.  We'll see
newbie
Activity: 42
Merit: 0
February 22, 2013, 09:54:01 AM
#3
Realistically no.  We're having these guys exchange their current bit coin for silver.  It's not a bad idea.  Unfortunately I don't have 10k + bit coins but I'd do the same.  I'm just buying myself pizza every time I make a dime in bitcoin.
hero member
Activity: 728
Merit: 500
In cryptography we trust
February 22, 2013, 09:19:34 AM
#2
How can I add image ?  http://s14.postimage.org/lyt3d9x9t/chart4.png

Code:
[img]http://s14.postimage.org/lyt3d9x9t/chart4.png[/img]
legendary
Activity: 1414
Merit: 1000
February 22, 2013, 09:15:31 AM
#1
In January 2014

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