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Topic: BTC price short-term? - page 2. (Read 2391 times)

hero member
Activity: 518
Merit: 500
January 01, 2014, 08:25:53 AM
#7
Quote
Buy now and be prepared to hold fast. The price may very well dip immediately a little lower than your purchase price. Do not fall into the trap of panic selling at that point.

Sell BTC?  Now that's funny.  Smiley

Are you a HODLER? Wink
legendary
Activity: 1372
Merit: 1000
January 01, 2014, 08:19:08 AM
#6
Quote
Buy now and be prepared to hold fast. The price may very well dip immediately a little lower than your purchase price. Do not fall into the trap of panic selling at that point.

Sell BTC?  Now that's funny.  Smiley
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
January 01, 2014, 08:16:13 AM
#5
What are your thoughts on the price of BTC short-term?  Maybe 30 days?

In bitcoinland, where prices can double or half in a few days, I don't think 30 days is particularly short-term, but if you want to guess where we will be in 30 days, I am guessing on "nicely above $1000"

+1

I second that unless there is a panic sell for some reason, but it looks like people on the Bitcoin train are fast getting wise to panic selling.

This leaves the door open for a different kind of panic - panic buying!

Buy now and be prepared to hold fast. The price may very well dip immediately a little lower than your purchase price. Do not fall into the trap of panic selling at that point.
hero member
Activity: 518
Merit: 500
January 01, 2014, 08:12:24 AM
#4
What are your thoughts on the price of BTC short-term?  Maybe 30 days?

In bitcoinland, where prices can double or half in a few days, I don't think 30 days is particularly short-term, but if you want to guess where we will be in 30 days, I am guessing on "nicely above $1000"
legendary
Activity: 1372
Merit: 1000
January 01, 2014, 08:11:43 AM
#3
Understood.  I'm thinking of buying more and I'm trying to get a feel for a consensus on the short-term direction.
sr. member
Activity: 364
Merit: 250
January 01, 2014, 08:08:08 AM
#2
Anyone who thinks they can make a really good guess at the short term price of bitcoin is probably kidding themselves. its way to volatile to make a prediction like that.

baring any new negative news from other countries governments clamping down on bitcoin like china, india, and tawain have done in recent weeks. I personally would expect bitcoin prices to either stay stable or rise a bit in the coming 30 days.  But keep in mind thats just a personal a opionon and it truly is hard to predict such short term changes in the price of bitcoin.
legendary
Activity: 1372
Merit: 1000
January 01, 2014, 08:00:55 AM
#1
What are your thoughts on the price of BTC short-term?  Maybe 30 days?
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