[DSP] is 10 the new 5 or is 15 the new 32

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: Vandroiy on September 11, 2012, 08:20:02 AM

Looking at the poll, I think I found another indicator that it's gonna crash.

Market where a vast majority believes it can only go up? Yeaaa, not so healthy.

lol. dude... the vast majority of us were thinking we'd be able to buy at 8.50. very many thought the big crash was signaling the start of a bear market, and despite that 10+ held / is holding. to me this indicates a mega rally once it becomes clear that 10.xx is the bottom.

Vandroiy

legendary

Activity: 1036

Merit: 1002

Quote from: Technomage on September 11, 2012, 08:34:11 AM

I don't know if you misunderstood the question or what. $10 being the new $5 means that the price can be stable at $10. It says absolutely nothing about going up or people thinking price will go up. Not in my opinion at least. This is how I understood it anyway.

Well, 5 turned out to be super stable and then turned into a huge rally. But okay, maybe I should've said "a lot of people believe the price cannot drop".

Sounds similar to "permanently high plateau," which has the exact same ring to it. Grin

Well, can't claim to know the future. Let's see how it turns out.

Endgame

sr. member

Activity: 412

Merit: 250

A stable price of 10 does make a lot of sense with the upcoming block reward halving. So yes, i would agree that 10 is the new 5.

Technomage

legendary

Activity: 2184

Merit: 1056

Affordable Physical Bitcoins - Denarium.com

Quote from: Vandroiy on September 11, 2012, 08:20:02 AM

Looking at the poll, I think I found another indicator that it's gonna crash.

Market where a vast majority believes it can only go up? Yeaaa, not so healthy.

I don't know if you misunderstood the question or what. $10 being the new $5 means that the price can be stable at $10. It says absolutely nothing about going up or people thinking price will go up. Not in my opinion at least. This is how I understood it anyway.

Vandroiy

legendary

Activity: 1036

Merit: 1002

Looking at the poll, I think I found another indicator that it's gonna crash.

Market where a vast majority believes it can only go up? Yeaaa, not so healthy.

damnek

hero member

Activity: 614

Merit: 500

I believe that the community is still getting used to double-digit bitcoins, but it is here to stay.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Trust me you can trust me

Topic: [DSP] is 10 the new 5 or is 15 the new 32 (Read 1108 times)