Topic: BTC price in 24 hours? (Read 3401 times)
Gox is already slow with the traffic waiting for it to open and we're 80 minutes away from open!!!
okay, the price is $181 so, people should feel comfortable at $150 by tomorrow, and $200 by the weekend, with $20 swings as people think they are smart and cash out into the hands of the investment bankers that just tested the currency to see if it holds water.
they pumped, dumped, and are now standing aside and watching, eagerly waiting to buy all your coins for anything below $174 each. they just want to see the bottom and determine if the confidence remains before they rebuy. if you can wait until next week, i believe this will become obvious.
they pumped, dumped, and are now standing aside and watching, eagerly waiting to buy all your coins for anything below $174 each. they just want to see the bottom and determine if the confidence remains before they rebuy. if you can wait until next week, i believe this will become obvious.
Now the plan makes sense. Why didn't anyone think investment bankers would hire some hackers to crash the market and gobble up the coins? Oh yeah, the short term investors who found out about Bitcoin from Forbes or Bloomberg don't even know what it is.
Consider that most people who sold into dollars still have those dollars on the sidelines waiting to buy back in eventually--- as opposed to other investments where you sell out of one and into another. A lot of speculating noobies who just found out about bitcoin a month ago and bought (and then sold) 10 coins may give up on bitcoin after this, but those 1000 coins+ long term bitcoin investors who will be back in the game within 24 hrs.
any one who said > $150 are fuckin deluded. just me 2c
okay, the price is $181 so, people should feel comfortable at $150 by tomorrow, and $200 by the weekend, with $20 swings as people think they are smart and cash out into the hands of the investment bankers that just tested the currency to see if it holds water.
they pumped, dumped, and are now standing aside and watching, eagerly waiting to buy all your coins for anything below $174 each. they just want to see the bottom and determine if the confidence remains before they rebuy. if you can wait until next week, i believe this will become obvious.
they pumped, dumped, and are now standing aside and watching, eagerly waiting to buy all your coins for anything below $174 each. they just want to see the bottom and determine if the confidence remains before they rebuy. if you can wait until next week, i believe this will become obvious.
How d'you figure that? You may be right. But all this is, is a ponzi scheme. And don't get me wrong, I profited from it. But I still feel bad for the believers whose chances of actually turning this into a legitimate currency have been all but been ruined.
There is no circulation of BTC. A currency is valued on consumer confidence in that market, growth in that market, growth=cash earned and cash spent. This doesn't exist in bitcoin. No one is spending them (proportionally to their market cap). It's a joke. If you don't ahve circulation of currency, it's not a currency, it's just a hyped up dream that people stick their money into but will never some to fruition.
It will drop, and hopefully grow back organically. If people do start USING and not just KEEPING them, then BTC will become legitimate. But will they?
I thought about buying right now, but nah.
okay, the price is $181 so, people should feel comfortable at $150 by tomorrow, and $200 by the weekend, with $20 swings as people think they are smart and cash out into the hands of the investment bankers that just tested the currency to see if it holds water.
they pumped, dumped, and are now standing aside and watching, eagerly waiting to buy all your coins for anything below $174 each. they just want to see the bottom and determine if the confidence remains before they rebuy. if you can wait until next week, i believe this will become obvious.
they pumped, dumped, and are now standing aside and watching, eagerly waiting to buy all your coins for anything below $174 each. they just want to see the bottom and determine if the confidence remains before they rebuy. if you can wait until next week, i believe this will become obvious.
The thing most of you are ignoring is the fact that back in January 90% of bitcoins were bring held by speculators. Speculators that believed more gambling operators and websites would start accepting the currency and turn it into a legitimate currency for online transactions. The other 10% spent it on (mostly) illegal gambling and drugs.
Come March 98% of those holding bit coins are purely speculating, and only those from back in January and prior actually believe in the currency. Most of those that "joined" bitcoin since January did so purely to make a profit, without believing, or caring, whether the currency was viable or not. These are the people selling now.
Bitcoin will drop to $20 and will rise back up to $40-$50 based on some of the "unbelievers" becoming converts and the rest suffering from "under performing stock syndrome".
Hopefully, when/if (and I say if because this crash has damaged credibility in a big way), bitcoins get accepted by some major gambling operators along with other online sites, then the currency will again grow organically. but don't hold your breath.
Come March 98% of those holding bit coins are purely speculating, and only those from back in January and prior actually believe in the currency. Most of those that "joined" bitcoin since January did so purely to make a profit, without believing, or caring, whether the currency was viable or not. These are the people selling now.
Bitcoin will drop to $20 and will rise back up to $40-$50 based on some of the "unbelievers" becoming converts and the rest suffering from "under performing stock syndrome".
Hopefully, when/if (and I say if because this crash has damaged credibility in a big way), bitcoins get accepted by some major gambling operators along with other online sites, then the currency will again grow organically. but don't hold your breath.
$123.40 
It seems impossible to speculate, since there is absolutely nothing to prevent what happened today from happening tomorrow.
How do we know manipulations like this won't just happen every day, from here on out?
How do we know manipulations like this won't just happen every day, from here on out?
Because I've called Chuck Norris....
between $1 and $200
Between $60 and $180.
It seems impossible to speculate, since there is absolutely nothing to prevent what happened today from happening tomorrow.
How do we know manipulations like this won't just happen every day, from here on out?
Fortunately people learn.How do we know manipulations like this won't just happen every day, from here on out?
one approach is to follow the golden rule:
1) don't invest in Bitcoin if you don't believe and agree with the resulting economic philosophy,
2) Don't cash out or swop your Bitcoin's for anything less than you played for them.
I am fortunate in that my Bitcoin's have value above a few dollars, but for some a Bitcoin is over $200 in value. ( they may have to wait for the economy to develop a little, but they are still the lucky ones as long as they short change themselves.)
$209 USD
It seems impossible to speculate, since there is absolutely nothing to prevent what happened today from happening tomorrow.
How do we know manipulations like this won't just happen every day, from here on out?
How do we know manipulations like this won't just happen every day, from here on out?
195
I think it will spike to 300/350 tomorrow at peak trading due to more manipulation by whoever is doing this pump and dump ddos thing, and down to 150 after the noobs freak out again, levelling at 195 in 24 hours. And then back to 250 on friday.
I think it will spike to 300/350 tomorrow at peak trading due to more manipulation by whoever is doing this pump and dump ddos thing, and down to 150 after the noobs freak out again, levelling at 195 in 24 hours. And then back to 250 on friday.
Don't jump the gun, the $300 breach is scheduled for the 15th.
Guess it will rise up for sure but cant really guess the rate at which it will...
It surely is the time to buy some BTC, not to sell...
It surely is the time to buy some BTC, not to sell...
Don't have idea, just like all of you don't
268.78
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