Topic: BTC will hit $8+ within one month of this thread. - page 4. (Read 9548 times)

Quote from: TizzyTazzy on July 10, 2012, 06:11:05 AM

Quote from: TizzyTazzy on July 09, 2012, 06:42:26 PM

Quote from: proudhon on July 10, 2012, 08:31:34 AM

I doubt this will happen. It will soon return $5 due to speculation imo. The bubble will burst.

Nope. We won't see $5 ever again, count on it.

I don't think it's unlikely to see $5s again.

Bitcoin is over if the price ever touches $5 again.

That's what a lot of us were saying on the way down from $32.

The price of Bitcoin has nothing to do with if Bitcoin is over or not.
It can go to $1 and from there still go to $50000 10 years later.

Your definition of bitcoin being "over" is different than mine.

Quote from: TizzyTazzy on July 10, 2012, 07:51:24 AM

Quote from: TizzyTazzy on July 10, 2012, 06:11:05 AM

Quote from: TizzyTazzy on July 09, 2012, 06:42:26 PM

Quote from: TizzyTazzy on July 10, 2012, 07:51:24 AM

I doubt this will happen. It will soon return $5 due to speculation imo. The bubble will burst.

Nope. We won't see $5 ever again, count on it.

I don't think it's unlikely to see $5s again.

Bitcoin is over if the price ever touches $5 again.

That's what a lot of us were saying on the way down from $32.

Then that's pure stupidity thinking to be honest, it was an obvious bubble waiting to pop. (lots of sudden media attention)

Media attention aside, why couldn't this be a bubble? Or the beginning of another bubble?

At any time a bubble can start, but it has been very stable at $5-$6 totally unlike what was happening during the times BTC was jumping from $10-$30 constantly.

proudhon

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Quote from: TizzyTazzy on July 10, 2012, 06:11:05 AM

Quote from: TizzyTazzy on July 09, 2012, 06:42:26 PM

I doubt this will happen. It will soon return $5 due to speculation imo. The bubble will burst.

Nope. We won't see $5 ever again, count on it.

I don't think it's unlikely to see $5s again.

Bitcoin is over if the price ever touches $5 again.

That's what a lot of us were saying on the way down from $32.

Then that's pure stupidity thinking to be honest, it was an obvious bubble waiting to pop. (lots of sudden media attention)

Media attention aside, why couldn't this be a bubble? Or the beginning of another bubble?

istar

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Quote from: TizzyTazzy on July 10, 2012, 06:11:05 AM

Quote from: TizzyTazzy on July 09, 2012, 06:42:26 PM

I doubt this will happen. It will soon return $5 due to speculation imo. The bubble will burst.

Nope. We won't see $5 ever again, count on it.

I don't think it's unlikely to see $5s again.

Bitcoin is over if the price ever touches $5 again.

That's what a lot of us were saying on the way down from $32.

The price of Bitcoin has nothing to do with if Bitcoin is over or not.
It can go to $1 and from there still go to $50000 10 years later.

Its why the value of Bitcoins goes to what it is, that matters.

If its because a FUD campaign which results in panic of uneducated users, Bitcoin will survive.
If its because pricemanipulation, it will survive.

Because there is usefulness in Bitcoin that does not depend on if the price is down to $1 or $10.
Since that price can go up.

If its because a fundamental flaw or another better cryptocurrency gaining over Bitcoin, it might die, since it will be replaced with something better.

TizzyTazzy

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Quote from: TizzyTazzy on July 10, 2012, 06:11:05 AM

Quote from: TizzyTazzy on July 09, 2012, 06:42:26 PM

Quote from: TizzyTazzy on July 10, 2012, 06:11:05 AM

I doubt this will happen. It will soon return $5 due to speculation imo. The bubble will burst.

Nope. We won't see $5 ever again, count on it.

I don't think it's unlikely to see $5s again.

Bitcoin is over if the price ever touches $5 again.

That's what a lot of us were saying on the way down from $32.

Then that's pure stupidity thinking to be honest, it was an obvious bubble waiting to pop. (lots of sudden media attention)

proudhon

legendary

Activity: 2198

Merit: 1311

Quote from: TizzyTazzy on July 09, 2012, 06:42:26 PM

I doubt this will happen. It will soon return $5 due to speculation imo. The bubble will burst.

Nope. We won't see $5 ever again, count on it.

I don't think it's unlikely to see $5s again.

Bitcoin is over if the price ever touches $5 again.

That's what a lot of us were saying on the way down from $32.

TizzyTazzy

full member

Activity: 182

Merit: 100

Quote from: TizzyTazzy on July 09, 2012, 06:42:26 PM

Quote from: FlipPro on July 09, 2012, 09:12:36 PM

I doubt this will happen. It will soon return $5 due to speculation imo. The bubble will burst.

Nope. We won't see $5 ever again, count on it.

I don't think it's unlikely to see $5s again.

Bitcoin is over if the price ever touches $5 again.

waspoza

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Firstbits: 1waspoza

Quote from: TizzyTazzy on July 09, 2012, 06:42:26 PM

I doubt this will happen. It will soon return $5 due to speculation imo. The bubble will burst.

Nope. We won't see $5 ever again, count on it.

I don't think it's unlikely to see $5s again.

It's very unlikely. With the introduction of ASIC mining, the networking power will only quantify the inevitable.

What mining hardware have to do with prices?

BitcoinMint.US

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Momentum is definitely gaining.

Raoul Duke

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Quote from: TizzyTazzy on July 09, 2012, 06:42:26 PM

I doubt this will happen. It will soon return $5 due to speculation imo. The bubble will burst.

Nope. We won't see $5 ever again, count on it.

I don't think it's unlikely to see $5s again.

That bear is affecting your judgement Wink

FlipPro

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Quote from: TizzyTazzy on July 09, 2012, 06:42:26 PM

Quote from: TizzyTazzy on July 09, 2012, 06:42:26 PM

I doubt this will happen. It will soon return $5 due to speculation imo. The bubble will burst.

Nope. We won't see $5 ever again, count on it.

I don't think it's unlikely to see $5s again.

It's very unlikely. With the introduction of ASIC mining, the networking power will only quantify the inevitable.

proudhon

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Activity: 2198

Merit: 1311

Quote from: TizzyTazzy on July 09, 2012, 06:42:26 PM

I doubt this will happen. It will soon return $5 due to speculation imo. The bubble will burst.

Nope. We won't see $5 ever again, count on it.

I don't think it's unlikely to see $5s again.

BoardGameCoin

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Nope. We won't see $5 ever again, count on it.

I increasingly agree. I would have said $4 minimum BTCUSD a few weeks ago, but it seems like there's enough buying pressure even in adverse news situations that the only reason for a significant drop to < $5 BTCUSD would be a 'flash-crash' equivalent that would be so transient as to be meaningless. I wouldn't put falling back to $5 as out of the question, but I'd say my internal odds put it about at 85% of never happening again.

-bgc

TizzyTazzy

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