Chances of $150 again - page 5. | Bitcointalksearch.org

RationalSpeculator

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This bull will try to shake you off. Hold tight!

Quote from: BitchicksHusband on November 05, 2013, 05:22:54 PM

Numbers like $100 and $50 are NEVER going to happen again unless bitcoin dies. There's just no way to support it.

You sound way too confident here.

You might be proven right but your estimation of the probability is way off since it is only half the current price (little more). That is - always - possible in bitcoin, with reasonable probability simply because it has happened many times in the past, even when bitcoin was alive and well.

BitchicksHusband

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Quote from: Don007 on November 05, 2013, 04:55:13 PM

The price of the bitcoins will decrease soon in my opinion, but not any further than about +/- $200. I think many people will buy more bitcoins when they hit that 'magical round price'. As the demand will heavily increase then, I see the price of bitcoins increase too from that moment. And, I think it will hit the same peak as it's going to do now or in a few days. After that it will decrease a bit, to increase even over the peak we are reaching yet.

But that's just my opinion Wink

If bitcoin EVER gets below $200 again, I will buy a lot of them.

BitchicksHusband

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Quote from: kehtolo on November 05, 2013, 04:28:36 AM

Quote from: BitchicksHusband on November 05, 2013, 04:11:15 AM

Phht. People that don't understand logarithmic scales...

This +1

In case this is not clear.. it won't go down.. it's on a steady, steady rise.. although there may be fluctuations along the way.. the overall and long term trend is up up up steadily.. in a logarithmic sort of a way.

I'm not saying it won't go down. I'm just saying that with the number of people "playing" at this point, less than $150 seems very unlikely unless bitcoin is dead. Numbers like $100 and $50 are NEVER going to happen again unless bitcoin dies. There's just no way to support it.

This isn't Apple or Google stock that's already at the end of the adoption curve. This is the beginning of the adoption curve. It will either be adopted (leading to a minimum of $1000+) or flame out (going the way of NetBeanz). Nothing in between.

RationalSpeculator

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This bull will try to shake you off. Hold tight!

Quote from: BitPappa on November 04, 2013, 06:09:47 PM

Wow, I'm long Bitcoin, but I really thought that last dip would go lower… I'm blown away by the price strength, I may need to adjust my ladder of limit orders quite a bit higher.

Same here

Bitcoin never seizes to amaze me.

Don007

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Live like there is no tomorrow!

The price of the bitcoins will decrease soon in my opinion, but not any further than about +/- $200. I think many people will buy more bitcoins when they hit that 'magical round price'. As the demand will heavily increase then, I see the price of bitcoins increase too from that moment. And, I think it will hit the same peak as it's going to do now or in a few days. After that it will decrease a bit, to increase even over the peak we are reaching yet.

But that's just my opinion Wink

Birdy

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Quote from: jerelimZ on November 05, 2013, 04:38:16 PM

Quote from: randrace on November 05, 2013, 02:57:55 AM

I expect we will see $100 again within 6 months.

Very likely, the price volatility is very high, so very likely

Can happen tommorow as well if bears mass sell

The swings are big, but probably not that big.

jerelimZ

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Quote from: randrace on November 05, 2013, 02:57:55 AM

I expect we will see $100 again within 6 months.

Very likely, the price volatility is very high, so very likely

Can happen tommorow as well if bears mass sell

freedomno1

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Learning the troll avoidance button :)

Quote from: DeathAndTaxes on November 05, 2013, 04:25:19 PM

Quote from: BitchicksHusband on November 05, 2013, 04:11:15 AM

Phht. People that don't understand logarithmic scales...

Agreed however not that long ago people were holding out for single digits as ridiculous as that was so even the bears are moving the goal posts down the field.

When its down accumulation when its up above your original entry value sell the remainder

DeathAndTaxes

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Gerald Davis

Quote from: BitchicksHusband on November 05, 2013, 04:11:15 AM

Phht. People that don't understand logarithmic scales...

Agreed however not that long ago people were holding out for single digits as ridiculous as that was so even the bears are moving the goal posts down the field.

jubalix

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the problem here is everyone has now seen it go from ATH to 50 ish and almost back, 32 to 2? ish and back....its sort of becoming oh well I purchased at ATH, and its going to 1K, 10K 100K whatever so who cares at this point, buying now is still good.

Then there is everybody waiting to pounce on $150, and imagine the buy as $100 or sub that now.....its sorta setting a floor, but it was just 2 - 3 months ago it was $75 - $85 if memory serves....

San1ty

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Bears got shot down. not much to say about it. If you think single digits is still a posibility, you are delusional.

balanghai

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Yeah but it will spike back again because of the surge of waiting buyers.

mp420

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I still view single digits as a possibility, and a reasonable price to be around $20 to $40. Of course, it is also possible that the bottom has really moved up, just like how we never saw $1 again after the 2011 bubble.

tutkarz

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many poor souls that missed the bottom here. Told you don't sell your Bitcoins ...

BarkinTree

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Quote from: waltermot321 on November 05, 2013, 05:10:26 AM

High chances, just need to wait for awhile....

no! now someone is gonna post that meme with the dead guy waiting at his computer...

waltermot321

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High chances, just need to wait for awhile....

kehtolo

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Quote from: BitchicksHusband on November 05, 2013, 04:11:15 AM

Phht. People that don't understand logarithmic scales...

This +1

In case this is not clear.. it won't go down.. it's on a steady, steady rise.. although there may be fluctuations along the way.. the overall and long term trend is up up up steadily.. in a logarithmic sort of a way.

BitchicksHusband

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Phht. People that don't understand logarithmic scales...

MelodyRowell

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Quote from: randrace on November 05, 2013, 02:57:55 AM

I expect we will see $100 again within 6 months.

$50 if panic sells happen....

randrace

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LTC -> BTC -> Silver!

I expect we will see $100 again within 6 months.

Topic: Chances of $150 again - page 5. (Read 13487 times)