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Topic: BTC crashed as predicted, will crash again and stay at 100 - page 2. (Read 3630 times)

sr. member
Activity: 434
Merit: 250
In Hashrate We Trust!
sorry.... adding to the above... except Gollum makes one weird statement: "Prices will stabilize at $100"  WTF??? when have prices stabilized in any commodity? calling "Preciouuuusssssssssssssss..." (Huh)  you have been tainted by the floating all seeing eye p'rhaps?
Look at the chart again, the price stabilized after the crashes each year: several months of lower and lower volatility.
When volatility->0 the probability->100% for a breakout.
But if the breakout will be to the upside or downside this time is to early to speculate about.
It could go from 100 to 10$ or from 100 to 2000-5000
legendary
Activity: 2268
Merit: 1278
Bet ya on it. 2 coins. Set your time limit and precise terms.
full member
Activity: 144
Merit: 100
sorry.... adding to the above... except Gollum makes one weird statement: "Prices will stabilize at $100"  WTF??? when have prices stabilized in any commodity? calling "Preciouuuusssssssssssssss..." (Huh)  you have been tainted by the floating all seeing eye p'rhaps?
full member
Activity: 144
Merit: 100
I always keep Fiat in the garage in case the BTC takes a dump.

That said, the mtgox dump to $100 occurred inside a black box.
 Who, in his right mind would prefer to keep fiat instead of BTCinside the gox in the remote chance that someday he would  be able to redeem either one.  This, specially in light of the fact that mtgox was always better at redeeming btc than than fiat.  the moment mtgox closed the only door of escape for depositors the price went from mark to market to mark to fantasy, then from mark to fantasy to mark to unicorns and onwards to Mark to Karpeles: the Leprechaun that stole the btc pot at the end of the unicorn's rainbow fart. the "price" at gox is meaningful only in the sense that it satisfies some frappuccino fantasy of an overweight undertalented autistic nerd.

back to the beginning: have plenty of wallpaper (usd) to exchange for btc at $500; $400; $300; $200; and $100... why? coz as mother goose says: never put all eggies in a single basket.

And: Gollum's charts are perfectly valid from a technical standpoint.
sr. member
Activity: 434
Merit: 250
In Hashrate We Trust!
Looking at your charts I see a huge price increase coming as we bounce off the lower line.  
It's possible, but let's see where bitcoin stabilizes first. We don't know what patterns may form yet after it has bottomed.
The only thing that is certain right now is that 100 should be okey price for buy.
legendary
Activity: 1386
Merit: 1004
I am confident that the price of BTCUSD will trade around 100-150 the coming months at ALL exchanges, not only MtGox.
Sell your coins at BTC-e and other exchanges while greater fools are paying huge premiums to you.

Current situation


Original analysis from 6th of Feb 2014
Seems like MtGox is the "Lehman Brothers" of the bitcoin world.
My analysis points out that BTC/USD might crash down to $100



What software is this? care to share?


Here you are:
https://www.tradingview.com/e/?symbol=MTGOX%3ABTCUSD#

Looking at your charts I see a huge price increase coming as we bounce off the lower line. 
sr. member
Activity: 434
Merit: 250
In Hashrate We Trust!
Moderator !!! Where's the moderator when you need him?

Who let this clown in? Seriously, we need better bouncers.


Better mod's is sooo true. How did this guy sneak in ?
Don't blame me the analyst for the crash, I'm just giving you the truth. But ignore it, make your own bullish analysis instead.
legendary
Activity: 1512
Merit: 1000
The Dude Of DopeCoin
Moderator !!! Where's the moderator when you need him?

Who let this clown in? Seriously, we need better bouncers.


Better mod's is sooo true. How did this guy sneak in ?
sr. member
Activity: 338
Merit: 253
Moderator !!! Where's the moderator when you need him?

Who let this clown in? Seriously, we need better bouncers.
sr. member
Activity: 434
Merit: 250
In Hashrate We Trust!
Explain your prediction? MtGox related data does not explain anything 'cause they are in another dimension.
MtGox volume and assets (claimed by clients) is still a very huge part of all bitcoin exchanges.
We cant dismiss the MtGox price as an isolated price, it will affect other exchanges as well since the price in sharp negative trend on all exchanges.

Imagine early adaptors rushing for the exit, Im not even thinking about Satoshi who owns more than 1 million coins, but early miners and guys like the stupid fat hobbit Karpeles. Even if they just sell 20% of their holdings it will push down the price towards 80-100 and keep it there for months.
sr. member
Activity: 364
Merit: 257
Explain your prediction? MtGox related data does not explain anything 'cause they are in another dimension.
sr. member
Activity: 350
Merit: 250
Not gonna happen on all exchanges. I'm still buying now. Very big chance that it will go big than go below 100.
hero member
Activity: 630
Merit: 500
Okay thanks.

I'm confident that in 2024, it won't really matter much either way.

*continues to buy*
sr. member
Activity: 434
Merit: 250
In Hashrate We Trust!
No one cares about Mtgox BTC/USD anymore.
This should be posted in speculation as well.
My prediction is that all exchanges will trade at 100, not only MtGox
sr. member
Activity: 469
Merit: 250
English Motherfucker do you speak it ?
No one cares about Mtgox BTC/USD anymore.
This should be posted in speculation as well.
sr. member
Activity: 434
Merit: 250
In Hashrate We Trust!
I am confident that the price of BTCUSD will trade around 100-150 the coming months at ALL exchanges, not only MtGox.
Sell your coins at BTC-e and other exchanges while greater fools are paying huge premiums to you.

Current situation


Original analysis from 6th of Feb 2014
Seems like MtGox is the "Lehman Brothers" of the bitcoin world.
My analysis points out that BTC/USD might crash down to $100



What software is this? care to share?


Here you are:
https://www.tradingview.com/e/?symbol=MTGOX%3ABTCUSD#
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