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Topic: Bitcoin will plummet to $10 by first half of 2014 - page 16. (Read 50126 times)

sr. member
Activity: 359
Merit: 250
oooh professor bitcorns time is running out!  Cheesy
legendary
Activity: 1397
Merit: 1019
This Mark Williams person nedeet some atention and he chosed to have it by making a foull of himself and to make things even "better" he still claims he is right. What a joke of a "professor".
sr. member
Activity: 406
Merit: 250

Yikes! A totally preventable mistake with some due dilligence.
legendary
Activity: 1708
Merit: 1049
full member
Activity: 174
Merit: 100
Guys! Wait up a minute.

He still has about 25 days left!!!!!  Grin

Not actually, more like 7 days... And next week is probably gonna be big, with all the news from this week.

What is his wager?

sr. member
Activity: 406
Merit: 250
I keep hoping to see this 10 dollar bit coin. I am ready to buy.  Grin
hero member
Activity: 812
Merit: 587
Space Lord
Guys! Wait up a minute.

He still has about 25 days left!!!!!  Grin

Not actually, more like 7 days... And next week is probably gonna be big, with all the news from this week.
hero member
Activity: 994
Merit: 500
He mentions loss for retailers. All money in the US if excepted and received could easily be moved to a coinbase wallet and immediatly transfered to a bank account at current price resulting in no loss at all. If they choose to hang on to Bitcoin, then they accept the risk and only have themselves to really blame which is comes with owning a buisiness in todays economy anyways.
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
Guys! Wait up a minute.

He still has about 25 days left!!!!!  Grin
legendary
Activity: 1918
Merit: 1018
Idiotic prediction that didn't come true.

I predict bticoin value will be at between 0 and infinity from now till the end of time.


Looking stupid is the risk they take when talking about stuff they haven't taken the time to understand.

That prediction of $10/btc in my opinion was only a poor attempt to let the price drop to buy more bitcoins.

Who knows?

Predicting such a low price on a Bitcoin forum seems pointless
full member
Activity: 196
Merit: 101
Idiotic prediction that didn't come true.

I predict bticoin value will be at between 0 and infinity from now till the end of time.


Looking stupid is the risk they take when talking about stuff they haven't taken the time to understand.

That prediction of $10/btc in my opinion was only a poor attempt to let the price drop to buy more bitcoins.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
Idiotic prediction that didn't come true.


I predict bticoin value will be at between 0 and infinity from now till the end of time.



 

Looking stupid is the risk they take when talking about stuff they haven't taken the time to understand.

Indeed if your going to run your mouth as a professor
At least do your research so that your argument sounds reasonable.
Otherwise you just end up looking like a moron.

sr. member
Activity: 406
Merit: 250
Idiotic prediction that didn't come true.


I predict bticoin value will be at between 0 and infinity from now till the end of time.



 

Looking stupid is the risk they take when talking about stuff they haven't taken the time to understand.
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
"The finance professor observes that the buying and selling of the digital currency is “controlled by only a handful of exchanges in places like China, Slovenia and Bulgaria"

I wonder if this guy read the bitcoin paper. This sounds a lot like fiat currency, but simply isnt possible with bitcoin.

I would assume he has not or simply put he is not of a technically proficient level to understand how a ledger can be secured through crytography and exchanges can be anywhere in the world.

But I digress the big exchanges are over there.
sr. member
Activity: 518
Merit: 250
"The finance professor observes that the buying and selling of the digital currency is “controlled by only a handful of exchanges in places like China, Slovenia and Bulgaria"

I wonder if this guy read the bitcoin paper. This sounds a lot like fiat currency, but simply isnt possible with bitcoin.
legendary
Activity: 1960
Merit: 1005
"The finance professor observes that the buying and selling of the digital currency is “controlled by only a handful of exchanges in places like China, Slovenia and Bulgaria"

I am from Bulgaria and here only feel people know about BTC. I am sure this is not true at ALL!!!
Only somekind of consiracy
Do not listen!
BR
full member
Activity: 152
Merit: 100
Idiotic prediction that didn't come true.


I predict bticoin value will be at between 0 and infinity from now till the end of time.



 
full member
Activity: 232
Merit: 100
too bad It's wrong prediction. I'm ready to buy couple hundred of BTC if bitcoin plummet to $10  Grin
hero member
Activity: 490
Merit: 500
What if Professor Bitcorn is Satoshi and he plans on dumping his coins in a coordinated strike over the next 30 days?

You have my blessing to quote this post in the aftermath :O

I'll have nightmares with this.
I doubt many people would quote you, as this forum would be filled with recently suicided bitcoin hodlers  Grin
(wish I had enough to make me worry about that)
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
Even when the all-time high was "only" ~$260, I thought the absolute bottom would be ~$35 and anything lower was nearly impossible.
Less than 30 days to go. This one looks like a complete fail of a prediction.
Bitcoin's fundamentals are too strong to go back under $400, and the current Rally could go a lot higher.


With the fundamentals being the way they are it is certainly above $250 and probably $400 is the new stable base before this run
This rally will go up a lot higher so the new base will probably be around $600 if this rise goes a lot higher

To his defense, Williams was only off by 1000%.

Cough only 1000% Smiley
10/100 = 10%
100/10 = 1000%
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