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Topic: Blog post- Bitcoin could "Spike" 200% in a 24-hour period? - page 2. (Read 2630 times)

legendary
Activity: 1148
Merit: 1001
Panic buy!!!111

Well, the author did mention this:

 
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I don’t think this day is imminent, since we’re arguably still in for a prolonged cool-off, nor do I think it is inevitable. But I do think that the conditions permit such a leap, at least in theory.

So I guess there is no need to panic yet. Wink
sr. member
Activity: 476
Merit: 250
moOo
yes I think things will change when people can more easily buy bitcoins, for sure, but we have to do something about the hacker problem and we need more exchanges.
full member
Activity: 209
Merit: 100
I cancelled all my sell orders at $123.

Honestly I did!

Waiting for the train to leave the station!
hero member
Activity: 518
Merit: 500
Panic buy!!!111
legendary
Activity: 1148
Merit: 1001
I read an interesting blog from a link on Reddit this morning.  The author thinks that Bitcoin could spike 200% in just a day.  Interesting thought.  I certainly would not mind that. Wink

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I’ll define “The Spike” as a price movement upwards of 200% within a 24-hour period, after which the price will not correct below the new level, ever


http://chralash.wordpress.com/2013/05/13/prediction-for-a-future-event-the-spike/
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