Down to 35? Or up to 100? | Bitcointalksearch.org

dandirk

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Quote from: move_zig on April 16, 2013, 07:43:51 AM

I say 6 things could happen:

1. to 0, disappears completely (it came from nothing, it can go back to nothing)
2. goes lower
3. goes higher
4. goes much higher
5. goes much much higher
6. goes much much much higher

So now there are 2 to 1 good odds if you hold bitcoin bought at higher prices than now.

Math is fun!

That is too difficult... Odds are there are more numbers above $57 then below (not counting below 0)... there for the market must go up! Math + Common sense= rich!

move_zig

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Quote from: wopwop on April 16, 2013, 03:52:58 AM

3 things can happen:

1. to 0, disappears completely (it came from nothing, it can go back to nothing)
2. goes lower
3. goes higher

so 2 to 1 bad odds if you hold bitcoin bought at higher prices than now

I say 6 things could happen:

1. to 0, disappears completely (it came from nothing, it can go back to nothing)
2. goes lower
3. goes higher
4. goes much higher
5. goes much much higher
6. goes much much much higher

So now there are 2 to 1 good odds if you hold bitcoin bought at higher prices than now.

Math is fun!

San1ty

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Quote from: fr33d0miz3r on April 16, 2013, 06:27:51 AM

Daytraders:

OMG... I almost choked on my lunch when I saw that!

fr33d0miz3r

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Daytraders:

gollum

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In Hashrate We Trust!

I guess it could easily drop down to the old top of 30$ from 2011.

But if the stock market also crashes, and the gold market continues to crash it should affect bitcoin as well.
During a financial crisis fiat dollar gains value relative everything else, high risk assets like bitcoin could crash down to 1$ if the crisis of 2008 repeats itself.

proudhon

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Quote from: fr33d0miz3r on April 16, 2013, 06:18:42 AM

MtGox developers:

Lol

fr33d0miz3r

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MtGox developers:

bitcon

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cbeast

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Let's talk governance, lipstick, and pigs.

fr33d0miz3r

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adamstgBit

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at 20$ a coin, i'm taking out a personal loan fuck! LOL Grin

I really think its going to stabilize and flat line on the cheap 50$, i'm looking to hit the buy button sometime this week at 40

Malawi

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One bitcoin to rule them all!

Quote from: nwbitcoin on April 16, 2013, 04:01:20 AM

My gut feeling is that confidence in all things bitcoin has been broken, and so the prices are going to drop for quite some time.

Back in Feburary, just when the prices started going insane at about $30, I though the right price was around $19 or so. We do have more people on board now, so it would be fair to say that the right valuation, based on trading volume etc is possibly around $25 -$30 - so I'm expecting it to drop to $20 before it doesn't drop any further. Its going to take a while, maybe a month, but we will be back up again by Xmas!

However, I don't expect LTC to drop much below $1 - that is the biggest thing from this week's trading!

of course, my 0.0002 BTC is worth less these days! Wink

Agreed.

Nice to see someone with some sense. (IOW agrees with me)

Lets hope that BTC will stay pretty stable at least for a few months. We want the long term bull thing going, not a rocket out of control.

Bitsaurus

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Most people last night were saying it would hold at $100 thinking the Monday rally would support it.

That lifeboat never arrived.

I think we'll hit the 2011 $32 sometime this week and probably dance +/- 20 around 50.

nwbitcoin

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You are a geek if you are too early to the party!

My gut feeling is that confidence in all things bitcoin has been broken, and so the prices are going to drop for quite some time.

Back in Feburary, just when the prices started going insane at about $30, I though the right price was around $19 or so. We do have more people on board now, so it would be fair to say that the right valuation, based on trading volume etc is possibly around $25 -$30 - so I'm expecting it to drop to $20 before it doesn't drop any further. Its going to take a while, maybe a month, but we will be back up again by Xmas!

However, I don't expect LTC to drop much below $1 - that is the biggest thing from this week's trading!

of course, my 0.0002 BTC is worth less these days! Wink

wopwop

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3 things can happen:

1. to 0, disappears completely (it came from nothing, it can go back to nothing)
2. goes lower
3. goes higher

so 2 to 1 bad odds if you hold bitcoin bought at higher prices than now

adamstgBit

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Quote from: wobber on April 16, 2013, 03:41:07 AM

Yes.

sorry to hear that... I understand how easy it is to buy bitcoins on a high, when its your first time buying... i had to hold myself back many times from unloading my bank account into bitcoin for just a quick 50% after it went over 100$ Tongue

Quote from: Crazy on April 16, 2013, 03:42:50 AM

wobber, just tuck it away for 5 or 10 years and don't stress it. If everything goes well you might actually be holding something valuable by then. That is, if speculative idiots don't crash BTC into the ground first.

+1

don't worry about it.

hopefully you have some money left, and you can buy some more as it goes down so you can lower your avg price. ( this is what i did in 2011 )

Crazy

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wobber, just tuck it away for 5 or 10 years and don't stress it. If everything goes well you might actually be holding something valuable by then. That is, if speculative idiots don't crash BTC into the ground first.

wobber

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Yes.

wopwop

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looking at a loss?

wobber

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Quote from: Spekulatius on April 16, 2013, 03:36:11 AM

Quote from: adamstgBit on April 16, 2013, 03:30:04 AM

the bottom is in 2- 5 weeks, obviously we won't be dropping down at the same rate as we have been, but its not going to shoot up 100% just "Because Bitcoin" ( lol it might, but it will correct back down fast... )

the bear market will be short lived tho, try not to lose your cool....

look to accumulate slowly... very slowly!

No offence Adam, but I think you are too slow Grin

What Wall Street does in a year, Bitcoin does in a day.
Your 2-5 weeks estimation I think will be a thing of the past by Monday.
EVERYBODY GET IN ON THE ROLLERCOASTER! NEXT STOP: 100$$$!!!

100 IS TOO LOW!

Topic: Down to 35? Or up to 100? (Read 2083 times)