I believe that the price is being manipulated by people who don't care about the long-term success of Bitcoin. I believe they will continue to induce wild and unexpected runs and crashes in order to create panic buying near the top and panic selling near the bottom. They scoff at the true believers as they rake in their profits.
I believe the only way to accurately call the tops and bottoms would be to be priivy to their plans.
I also believe it is possible to profit from their artificial volatility by gradually selling all the way up, and using that fiat to back buy orders at lower prices on the way back down. For example, sell at $160 and place a buy order for slightly more coins at $150. Repeat every few points.
In order to succeed at this strategy, you must not buy in a panic when it seems the price will never crash again, and not cancel your buy orders in a panic when it all seems to be falling apart. Their goal is to make you panic and lose money. You have to be smarter than they think you are.
Topic: Correction O'Clock? - page 2. (Read 2934 times)
I really never expected to see another crazy price rise like this again so soon. I think that $175 might be where alot of people decide to dump coins, especially if they missed out on selling at $180+ last time round. They won't want to risk missing the boat a second time.
I predict This will followed by a crash to around $70 - $80. I think we will then see a series of gradually reducing bubbles and pops over the coming months until the price stabilises around $140. Once its stabilised for a few months we'll finally see some major retailers accept bitcoin and then lift off begins.
I predict This will followed by a crash to around $70 - $80. I think we will then see a series of gradually reducing bubbles and pops over the coming months until the price stabilises around $140. Once its stabilised for a few months we'll finally see some major retailers accept bitcoin and then lift off begins.
this is relatively on par with my projections. well done.
Projections?
Are u kidding.
Lets face it we're all gambling
250$ really ? 
This is full of April newcomers.
This is full of April newcomers.
This poll needs higher options.
Done. If anyone is brave enough to hold beyond the previous ATH when there is far less hype than before then they must have balls of steel.
(I realsie this has mead eit look like 15 predicted $250...they didn't they just predicted $250+ as that was the highest option available at the time).
Yeah.. this poll is pretty off now
Is there a way to reset it? This poll needs higher options.
Done. If anyone is brave enough to hold beyond the previous ATH when there is far less hype than before then they must have balls of steel.
I dunno...
Maybe not past it, but who knows where the bubble would've ended if it hadn't popped?
I reckon there's actually more interest now that before the bubble.
If you saw the interview with the Gox Ceo, you could see that the money is there.
179? 219? 289?
Hmmm.
Hmmm.
This poll needs higher options.
Done. If anyone is brave enough to hold beyond the previous ATH when there is far less hype than before then they must have balls of steel.
(I realsie this has mead eit look like 15 predicted $250...they didn't they just predicted $250+ as that was the highest option available at the time).
I really never expected to see another crazy price rise like this again so soon. I think that $175 might be where alot of people decide to dump coins, especially if they missed out on selling at $180+ last time round. They won't want to risk missing the boat a second time.
I predict This will followed by a crash to around $70 - $80. I think we will then see a series of gradually reducing bubbles and pops over the coming months until the price stabilises around $140. Once its stabilised for a few months we'll finally see some major retailers accept bitcoin and then lift off begins.
I predict This will followed by a crash to around $70 - $80. I think we will then see a series of gradually reducing bubbles and pops over the coming months until the price stabilises around $140. Once its stabilised for a few months we'll finally see some major retailers accept bitcoin and then lift off begins.
this is relatively on par with my projections. well done.
This poll needs higher options.
I really never expected to see another crazy price rise like this again so soon. I think that $175 might be where alot of people decide to dump coins, especially if they missed out on selling at $180+ last time round. They won't want to risk missing the boat a second time.
I predict This will followed by a crash to around $70 - $80. I think we will then see a series of gradually reducing bubbles and pops over the coming months until the price stabilises around $140. Once its stabilised for a few months we'll finally see some major retailers accept bitcoin and then lift off begins.
I predict This will followed by a crash to around $70 - $80. I think we will then see a series of gradually reducing bubbles and pops over the coming months until the price stabilises around $140. Once its stabilised for a few months we'll finally see some major retailers accept bitcoin and then lift off begins.
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