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Topic: Bitcoin will plummet to $10 by first half of 2014 - page 20. (Read 50102 times)

newbie
Activity: 28
Merit: 0
I came across the following words and I found it amusing and relevant. I'm quoting it here:

"We have a natural tendency to listen to the expert, even in fields where there may be no experts." -- from The Black Swan

Are you implying there are no experts in the field of Bitcoin? Wink  I certainly think there are, but 99% of the people on this board are not them.  Who are the experts then?  And what does it mean to be an expert?  Good luck in both of those questions!

Maybe the quotation is true cause true experts just don't share with their knowledges they use it to make money that's why the experts who we are listening to are not the good ones.
newbie
Activity: 4
Merit: 0
I have traveled to the future and back. Bitcoin will go up to $1500USD by July this year. Mark my words. Send me nxt for more prophecies. 18277938078391870877
hero member
Activity: 994
Merit: 501
I came across the following words and I found it amusing and relevant. I'm quoting it here:

"We have a natural tendency to listen to the expert, even in fields where there may be no experts." -- from The Black Swan

Are you implying there are no experts in the field of Bitcoin? Wink  I certainly think there are, but 99% of the people on this board are not them.  Who are the experts then?  And what does it mean to be an expert?  Good luck in both of those questions!
full member
Activity: 173
Merit: 100
I came across the following words and I found it amusing and relevant. I'm quoting it here:

"We have a natural tendency to listen to the expert, even in fields where there may be no experts." -- from The Black Swan
full member
Activity: 191
Merit: 100
Sad thing is...I believe Mark!
member
Activity: 98
Merit: 10
good, i'll as much as i can Cheesy
legendary
Activity: 2618
Merit: 1105
I hope not....
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
This guy should know! ...he's recently heard of bitcoin. Combine this with his super-human ability to know the future and you have a prognostication you can bank on.
legendary
Activity: 1918
Merit: 1018
The sentiment on Bitcoin is extremely low among people that follow the mtgox fiasco but the price is resisting!!

Maybe it won't resist that much and it will fall extremely low if the trend is firmly negative in the next few days, it is hard to predict, I am surprise it resists that much I think it either means that Bitcoin is stronger than I think or that it won't resist that much longer and the price will plunge, let's hope it is because Bitcoin has a lot of support
full member
Activity: 196
Merit: 100
CLOAKCOIN. NOBLECOIN. VERICOIN.
ISAWHIM probably the best posts I have read I am now following you like a lovesick teenager lol..

Remember everyone, banks control the world. Bitcoin and altcoins offer an alterntive to debt based fiat currency (backed by lies)

Bitcoin (and alts) are a threat, not a huge one but a potential.  Hence warnings and laws forbiding its use. I would not be surprised if many of the 'whales' are banking interests buying up to control. (The sooner bitcoin becomes mainstream and loosens the shackles of fiat the better)

Make no mistake the total market cap value of bitcoin is short change to trillionaire banking interests.
newbie
Activity: 46
Merit: 0
Hi guys. Logic tells dictates a lot of traders money and coins are in mtgox. So its cash tied up. Once mtgox release some coins and funds prices will shoot back up because theres more cashflow in the market. Just hope they release cash to the honest investers that trusted them
What do you guys think?
member
Activity: 81
Merit: 10
another bullshit story. bitcoin will go up!
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
Maybe.. but i dont think so... When we get rid of MtGox we all be happy

Technically we mean MTGOX will  plummet to $10 not bitcoin but I also will look forward to its demise
RIP Magic the Gathering the Exchange it all went down from there to a lv 25 Bit monster on a dice roll of 13 hehe with a boost of 4 still dead, ignore the munchkins reference.
full member
Activity: 182
Merit: 101
Maybe.. but i dont think so... When we get rid of MtGox we all be happy
member
Activity: 112
Merit: 10
Cryptocurrencies Exchange
Biggest problem of creating any kind of prognoses of future is that other people are also expecting certain changes of events and they are getting ready for it. So, even though in current situation, based on facts that we have right now ( even though facts might a big too big word, more like interesting coincidence and intuition mixed with, I guess, something like medieval magic) we make expect something to happen, it actually might never do, even though it would make perfect sense. I wonder if people who make such expectations will try to make some money out of it, since we all know that you can make money out of fall. I personally don't expect "plummet". With new players on market, we get more movement. It is not first prognoses of "plummet" of bitcoin and we all know what happened.
member
Activity: 112
Merit: 10
by Victor Kerezov

Williams then goes to proclaim that “if bitcoin was allowed to proliferate as a currency it would produce greater economic uncertainty, reduced trade and lower individual standard of living.” Retailers typically work on tight margins and the immense volatility of the e-currency could eliminate all their profit or even result in losses. In this bitcoin world of uncertainty and risk, commerce would ultimately decline and stone-age bartering would increase. “Naturally, as bitcoin price swings increased, the number of businesses willing to accept e-currency risk would decline”, assumes the former commodities trader.

“I predict that Bitcoin will trade for under $10 a share by the first half of 2014, single digit pricing reflecting its option value as a pure commodity play”, concludes Mark Williams.

There is clearly an agenda but even so, the ignorance is shocking, and to think that this man is now telling those around him: "I told you so, this is only the start." is really sad...

I really hope that he lives long enough to see how stupid these comments were.
hero member
Activity: 714
Merit: 503
he's right :O

if you count mt.gox he's close enough so that i regret excoriating his prediction some time ago.
i am disinclined to count mt.gox as a real price, however, so there is room for more contempt.

Well depending on who you talk to, they believe the mt.gox price.  I'm on a few different online forums, one of them has a bitcoin thread that I comment on often.  I have been raked through the coals over the past couple weeks with "I told you so's" It's rather funny actually. They keep posting the typical Bitcoin is dead crap, and are convinced it's going to be worthless any day/hour now.

 I can say I never saw it going down like it has, but in the long run, I thinks its a healthy thing to have happened.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
he's right :O

if you count mt.gox he's close enough so that i regret excoriating his prediction some time ago.
i am disinclined to count mt.gox as a real price, however, so there is room for more contempt.
newbie
Activity: 6
Merit: 0
he's right :O
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
I should edit this


MTGOX will plummet to $10 by first second half of 2014

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