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Topic: bitcoin target $50 (Read 1165 times)

newbie
Activity: 28
Merit: 0
May 07, 2013, 04:34:01 PM
#25
I contribute the recent selling panic to new articles posted about fed regulations.
newbie
Activity: 10
Merit: 0
May 07, 2013, 12:28:47 PM
#24
loool, even if he sais it should be worth 50 (or whatever number he imagines), how would he make people trade it for 50.
sr. member
Activity: 288
Merit: 251
May 07, 2013, 12:15:11 PM
#23
50, you sure? Not 40 or 70?

You completely just made up that number, right?

Anyway, it's a funny article:

Quote from: Bart Chilton, one of five commissioners at the Commodity Futures Trading Commission
"Here's what I know for sure: we could regulate it if we wanted. That is very clear,"
Uhh, I wonder if mr. Chilton has a proper understanding of what Bitcoin actually is. But I'd definitely love to hear how he plans to regulate Bitcoin, should they choose to do so Cheesy
full member
Activity: 182
Merit: 100
May 07, 2013, 11:18:56 AM
#22
I see $50 as being very rare and having a very small chance of occurring. Though I know that if it does occur, I'll be buying up because in my opinion that is a great deal and BTC are definitely worth buying at that price unless they do something extreme like making the currency illegal.
newbie
Activity: 28
Merit: 0
May 07, 2013, 11:09:55 AM
#21
Quote
(Reuters) - The top U.S. derivatives regulator is considering whether the Bitcoin virtual currency should be subject to its rules,

I'm seriously confused by "Its Rules". Is this top U.S derivatives regulator, who probably lost people billions of dollars in the market crash of 08', really thinking BitCoin is 'his' to make 'rules with'? Really?
legendary
Activity: 2030
Merit: 1000
My money; Our Bitcoin.
May 07, 2013, 11:07:17 AM
#20

You are not a newbie anymore. Why don't you take your try-to-get-everybody-to-sell game to the speculation sub-forum?

Opinions are like assholes*...  You will find plenty of both there.    Wink









*everybody has one
newbie
Activity: 10
Merit: 0
May 07, 2013, 10:58:45 AM
#19
50? noooooo
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
May 07, 2013, 10:19:56 AM
#18
So you have quantified your guess, based  on your lack of knowledge and resulting number is $50? How is this supposed to inform anyone? 
newbie
Activity: 14
Merit: 0
May 07, 2013, 10:15:50 AM
#17
can't they just ban certain exchange websites, like they did when they stop internet gambling sites
newbie
Activity: 4
Merit: 0
May 07, 2013, 02:04:27 AM
#16
I don't see how they will be able to regulate the price let alone track people to enforce their rules.
newbie
Activity: 10
Merit: 0
May 07, 2013, 01:58:11 AM
#15
hooray
newbie
Activity: 6
Merit: 0
May 07, 2013, 01:17:58 AM
#14
LOL, So they have admitted that bitcoin is a currency. We win!
newbie
Activity: 19
Merit: 0
May 07, 2013, 01:08:54 AM
#13
Price aside, the government regulating cryptocurrencies is not a step in any direction I'd like to head.
zrn
newbie
Activity: 9
Merit: 0
May 07, 2013, 01:06:20 AM
#12
below 100$ isn't profitable for big players as MtGox (they got commision depending of how high the price is)
NWO
sr. member
Activity: 392
Merit: 250
May 07, 2013, 12:56:19 AM
#11
It got close to $50 quite recently didn't it?
newbie
Activity: 15
Merit: 0
May 07, 2013, 12:16:51 AM
#10
100$ now
newbie
Activity: 4
Merit: 0
May 06, 2013, 11:58:12 PM
#9
Never sell your bitcoin under $120 as you can be victim of bear trap.
Start buying if it goes under $100, it's good price.
It will be unique chance to buy cheapest bitcoin in your life if the price goes as low as $50 (which is very unlikely to happen).


This!
FNG
hero member
Activity: 588
Merit: 500
May 06, 2013, 11:13:10 PM
#8
It could always crash to there is a brief moment of panic but dips will be bought.

I'll be adding IF the price moves lower
newbie
Activity: 13
Merit: 0
May 06, 2013, 11:03:41 PM
#7
$50 is possible, but it seems unlikely. Something really dramatic would have to happen to make it drop that far.
newbie
Activity: 7
Merit: 0
May 06, 2013, 10:45:56 PM
#6
Anything is possible, though I think market forces will keep it well above $50 for the immediate future.
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