Topic: Bitcoin will hit $190 today: here's why (Read 4022 times)
I just think with barely functional not fluid cash out exchanges, eg gox , the price
OP: at $190 US, how many do you want to buy from me? (Today!) - Don't make me that offer in one year...
these things take time, its going to take more than a few hours for everyone to hear the news, learn about bitcoin and buy some.
+1
There has been a constant stream of increasingly good news for a long time now. The amount of disgruntled people who got burned steadily decreases with rising price. Investment in ASICs become less attractive for coin-acquisition purposes and pretty old highs are being broken. Some bears are extremely pissed.
I haven't been more bullish than today in a long time.
Edit: Oh, and the exchange rate is in a healthy rise... No better add to be had.
+1
People speculation on the value of bitcoins...... Go fish
See ya there mates
these things take time, its going to take more than a few hours for everyone to hear the news, learn about bitcoin and buy some.
+1
There has been a constant stream of increasingly good news for a long time now. The amount of disgruntled people who got burned steadily decreases with rising price. Investment in ASICs become less attractive for coin-acquisition purposes and pretty old highs are being broken. Some bears are extremely pissed.
I haven't been more bullish than today in a long time.
Edit: Oh, and the exchange rate is in a healthy rise... No better ad to be had.
Well we didn't reach $190 but it went up nicely
I think we'll see $200 on gox in 2 weeks and then it'll be interesting to see if everyone freaks out and panic sells like they did back in April. I'm ready to pounce on that if it goes there.
On another note, virtual currency is gaining interest and my technical brief at my company on the topic gained the most interest over every other topic. It's not a cab driver level yet, but slowly getting there.
On another note, virtual currency is gaining interest and my technical brief at my company on the topic gained the most interest over every other topic. It's not a cab driver level yet, but slowly getting there.
many will panic sell, but those who stay calm and hold will
reap the fruits of their coins
I think we'll see $200 on gox in 2 weeks and then it'll be interesting to see if everyone freaks out and panic sells like they did back in April. I'm ready to pounce on that if it goes there.
On another note, virtual currency is gaining interest and my technical brief at my company on the topic gained the most interest over every other topic. It's not a cab driver level yet, but slowly getting there.
On another note, virtual currency is gaining interest and my technical brief at my company on the topic gained the most interest over every other topic. It's not a cab driver level yet, but slowly getting there.
No one knows when it will happen, today, tomorrow, next week - but it could happen any time. The asksum on Gox has been dropping steadily since the withdrawal problems became. There's currently only ~24k btc for sale under $190 on Gox. There was over 24k of volume in just a few minutes this morning.
The caveat is that when it happens, it will likely be a much less accurate reflection of the current value of Bitcoin, even less than now.
The caveat is that when it happens, it will likely be a much less accurate reflection of the current value of Bitcoin, even less than now.
gox only ath though.
based on the arb going on, i'd say bitstamp and other exchanges would be at around $175
it does seem a good sign that these overtly optimistic threads are coming back
gox only ath though.
what Adam posted above ^^^^^^^^
won't hit $190 today but will before 12/31/2013.
won't hit $190 today but will before 12/31/2013.
dude i think it has a good chance of hitting that before the end of the year....... but not today.......
new ATH before the end of the year and 190 in October
dude i think it has a good chance of hitting that before the end of the year....... but not today.......
no way
Irrational exuberance. We're due for a correction.
Problem: Bitcoin does not go down very easily (no large shorting mechanism available). It goes up, unless there is panic. I see no panic, and cab drivers are not telling me about Bitcoin so no irrational exuberance either.
It's against my emotions, but the trend is clear. Be there or be square..
i hope the cash withdrawal issues at gox remain for a few more years.
A great day? A big rise today? Sure.....but $190 ? Not gonna happen. That's a 40% gain or so in a day; that's highly, highly unlikely.
Jump to: