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Topic: Confess double digit believers (Read 6409 times)

legendary
Activity: 2044
Merit: 1005
July 02, 2013, 01:48:32 PM
hehe gotta wait to see reaction at 50.. I'm expecting sub $1 LTC prices so if everything lines up I might just buy in there.
member
Activity: 84
Merit: 10
supernode
July 02, 2013, 01:43:30 PM
legendary
Activity: 2044
Merit: 1005
legendary
Activity: 2097
Merit: 1070
July 01, 2013, 11:49:32 AM
All exchanges except MtGox have been trading in the 80s for a while already. It's just a matter of time until MtGox follows again, and again, and again.

A good point.

I remember during the run up to $266 the smaller exchanges often achieved new high's before MtGox, the same trend appears to be holding true on the way down as well !
N12
donator
Activity: 1610
Merit: 1010
July 01, 2013, 11:41:26 AM
All exchanges except MtGox have been trading in the 80s for a while already. It's just a matter of time until MtGox follows again, and again, and again.
legendary
Activity: 2097
Merit: 1070
July 01, 2013, 11:39:10 AM
Who  still believe double digit are  feasible? State a reason of  your  position( but please no f*g charts ).
Do you intend to jump back on wagon  if  we  don't  see it never  again , or you just let it pass and  be gone forever.

By double digit   mean  long period of  time when  price is below  let say  90 $.

We all know that flash crash to  90-80 $ and  rebound could happened any  time so this  doesn't count.



there's nothing to say. price is going down.

A couple more bounces off $90 and we'll be trading in the $80's for a while.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
July 01, 2013, 07:11:24 AM
Who  still believe double digit are  feasible? State a reason of  your  position( but please no f*g charts ).
Do you intend to jump back on wagon  if  we  don't  see it never  again , or you just let it pass and  be gone forever.

By double digit   mean  long period of  time when  price is below  let say  90 $.

We all know that flash crash to  90-80 $ and  rebound could happened any  time so this  doesn't count.



there's nothing to say. price is going down.
N12
donator
Activity: 1610
Merit: 1010
July 01, 2013, 06:53:07 AM
We are going to be trading in the double digits for the rest of 2013.

In 2011, we reached double digits for the first time at the beginning of June and left them beginning of August. It wasn't until over 1 year later in August 2012 that we reached double digits again.

If this happened again, we would reach $100 in June/July 2014.
legendary
Activity: 2097
Merit: 1070
June 29, 2013, 06:09:12 AM

i think pre-bubble price so

20 broke opens 13.5

Looking at the order book there's a lot of bids between $10 and $14 so I guess a lot of people are expecting it to go this low or are prepared to wait it out and see where it ends up before moving their orders.
member
Activity: 84
Merit: 10
supernode
June 29, 2013, 06:03:59 AM

i think pre-bubble price so

20 broke opens 13.5
legendary
Activity: 2097
Merit: 1070
member
Activity: 84
Merit: 10
supernode
June 29, 2013, 03:50:01 AM
90 broke opens 50

50 broke opens 20
legendary
Activity: 2044
Merit: 1005
June 29, 2013, 03:43:22 AM
#99
90 broke opens 50
legendary
Activity: 2097
Merit: 1070
June 28, 2013, 05:40:42 PM
#98
It looks like we're going to be in the 90's for a few days before moving lower.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
N12
donator
Activity: 1610
Merit: 1010
June 28, 2013, 12:43:23 AM
#96
How about now? The final outlier MtGox has descended to the double digits.

We will be trading in the double digits for a long time. Notice how bitstamp and btc-e still have a much lower price than MtGox.

▼ mtgoxUSD    98.0000
▼ bitstampUSD    93.5500
▼ btceUSD    92.3100
legendary
Activity: 1246
Merit: 1000
June 26, 2013, 06:56:06 AM
#95
▼ mtgoxUSD    104.5000
▼ bitstampUSD    98.7000
▼ btceUSD    97.2040

Only MtGox remains in denial.

No denial, simply people selling their coins on Bitstamp and BTCe because they aren't able to withdraw cash on Gox. And since market depth of Bitstamp and especially BTCe can't compare to that of MtGox the price will be constantly suppressed there. Real price should be somewhere between that of Gox and Bitstamp, and closer to Gox than Bitstamp because of difference in market share. I believe once USD withdrawals on MtGox are possible again we will first see a quick drop into the double digits followed by a spike upwards.
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
June 26, 2013, 05:55:45 AM
#94
▼ mtgoxUSD    104.5000
▼ bitstampUSD    98.7000
▼ btceUSD    97.2040

Only MtGox remains in denial.
Well of course MtGox is higher, they manipulate it a lot.
hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
June 26, 2013, 05:50:26 AM
#93
Throughout "history" BTC-e has usually posted lower spot prices than Mt Gox.
N12
donator
Activity: 1610
Merit: 1010
June 26, 2013, 05:46:51 AM
#92
▼ mtgoxUSD    104.5000
▼ bitstampUSD    98.7000
▼ btceUSD    97.2040

Only MtGox remains in denial.
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