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Topic: Bitcoin will never reach $20 again - page 7. (Read 40350 times)

legendary
Activity: 1022
Merit: 1001
I'd fight Gandhi.
January 31, 2013, 12:22:56 PM
Lookin at $21.36USD right now. Woohooo!
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
January 31, 2013, 11:22:07 AM
Demand......................................................................... .....................Supply



That is all it takes.
sr. member
Activity: 364
Merit: 250
January 31, 2013, 11:02:11 AM
I care because I don't like to see people lose money recklessly, especially when their rationality is suspended by illusions of easy money.

Okay so where is this guy BTC Economist? He's proven himself to be a complete fucking imbecile. He hasn't been online since November 18, 2011. I think he's a moron sock puppet and "BTC Economist" is just one of his many forum accounts.

We should beat his ass to improve the gene pool.


I like to see people lose money because their rationality is suspended.  They either A) Learn a great lesson that will improve their future lives and decisions or B) Continue pouring money into the BTC economy because of crass ignorance.

"beat his ass" would not improve the gene pool. 
legendary
Activity: 1064
Merit: 1001
January 31, 2013, 10:56:33 AM
I care because I don't like to see people lose money recklessly, especially when their rationality is suspended by illusions of easy money.

Okay so where is this guy BTC Economist? He's proven himself to be a complete fucking imbecile. He hasn't been online since November 18, 2011. I think he's a moron sock puppet and "BTC Economist" is just one of his many forum accounts.

We should beat his ass to improve the gene pool.
sr. member
Activity: 434
Merit: 250
January 31, 2013, 10:40:16 AM
Welcome to

$21
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
legendary
Activity: 1176
Merit: 1010
Borsche
January 31, 2013, 10:13:59 AM
Someone start a "Bitcoin will never reach $30 again" thread.

I'll wait for "BTC Economist" to start a thread "Bitcoin will never go below $20 again", he's been waiting two years Cheesy

As whatever he posts reflects the current sentiment, with an added timeframe of never, that should be right.
legendary
Activity: 1106
Merit: 1001
January 31, 2013, 10:07:15 AM
Someone start a "Bitcoin will never reach $30 again" thread.

Should be Proudhon... especially if we want to reach 30 before the end of the week  Grin
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
January 31, 2013, 09:58:57 AM
Someone start a "Bitcoin will never reach $30 again" thread.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
January 31, 2013, 09:43:31 AM
This post was wrong!!! I can't F-ing believe it! My confidence in the internet has been shaken to the core.  Embarrassed
full member
Activity: 120
Merit: 104
January 31, 2013, 08:34:59 AM
Now that BTC is over 20 I hope it will never "reach" that price again.
legendary
Activity: 1512
Merit: 1036
January 31, 2013, 07:04:24 AM
This is why I have liquidated my position in Bitcoins.  There is very little upside going forward.  No forward moves of late have any traction whatsoever and demand continues to lag.  Way too little upside for such a risky proposition so my advice is to move into dollars.  Only a significant change in the economy could alter this forecast.
There is just one thing I don't understand: OP is an economist, and he didn't get it right?  Huh  
 Cheesy
He changed his signature:
"When BTC soars, you need to be READY!  PM me to learn more about my new e-book, How to Create and Profit from the Second Bitcoin Bubble available exclusively to BTC forum members!"






and: http://www.youtube.com/watch?v=iL0Qt7IF8Q4&feature=youtu.be&t=23s
hero member
Activity: 896
Merit: 532
Former curator of The Bitcoin Museum
January 31, 2013, 06:58:47 AM

Yeah, finally this Zombie should RIP and no more necromancing.

Did I hear my name?
donator
Activity: 2058
Merit: 1007
Poor impulse control.
January 31, 2013, 06:00:08 AM
I wonder if there's demand from those who want in on Avalon's 2nd batch? Avalon are only taking bitcoin. Could be driving the price over $20.

bingo

If my guess is correct, then watch the price crash back below $20 just after 9am EST once the btc trades hands.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
January 31, 2013, 05:22:32 AM
I wonder if there's demand from those who want in on Avalon's 2nd batch? Avalon are only taking bitcoin. Could be driving the price over $20.

bingo
donator
Activity: 2058
Merit: 1007
Poor impulse control.
January 31, 2013, 05:19:17 AM
I wonder if there's demand from those who want in on Avalon's 2nd batch? Avalon are only taking bitcoin. Could be driving the price over $20.
legendary
Activity: 1764
Merit: 1002
January 31, 2013, 05:18:15 AM
He was right about one thing though.  It did get back below $5.

Just another buying opportunity.
legendary
Activity: 1764
Merit: 1002
January 31, 2013, 05:09:40 AM
If you look way back at the beginning of this thread you'll see just how much I didn't like this guy.   Wink

I still don't like him.  Wink
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
January 31, 2013, 04:31:28 AM
UTC +11

ozbot in #cgminer

31-Jan-2013 19:52 < ozbot> Gox  | Buy: $19.9999 Sell: $19.99999 Last: $19.9999 High: $19.99999 Low: $19.15
31-Jan-2013 19:53 < ozbot> Gox  | Buy: $19.99993 Sell: $20 Last: $20 High: $20 Low: $19.15

Just for the record Smiley

No doubt the MtGox log would show the specific time and exchange that first hit $20, but anyway - yep a bit over half an hour ago.

Edit: and in case anyone was wondering ... it's kept going ...

31-Jan-2013 20:31 < ozbot> Gox  | Buy: $20.12103 Sell: $20.19 Last: $20.12103 High: $20.39999 Low: $19.19
legendary
Activity: 1288
Merit: 1080
January 31, 2013, 04:27:35 AM
 Grin
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