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Topic: Going to $30-40? (Read 2827 times)

legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
June 03, 2013, 09:50:49 AM
#39
there's no support because there's no USD from Dwolla pumping into it. I'm hearing many folks trying to buy bitcoin but can't get fiant to exchanges. When gox-dwolla is resolved, or other USD friendly exchanges come online, price shall rise again.
sr. member
Activity: 348
Merit: 250
June 03, 2013, 09:16:32 AM
#38
I agree, $30k-$40k per bitcoin is probably where we are headed.
donator
Activity: 853
Merit: 1000
June 03, 2013, 09:05:01 AM
#37
I see many new user, begging for a 30 $ coins, but I'm sorry, this is a Bull Trap, like most weekends. Will see the price recover before tomorrow morning. There is no reason for this price falling except a bull trap.

No it's not...don't buy coins for a few days...it will go lower, honest.

Another few 20k BTC dumps, and it may very well start a run to $3.

Could be quick, but I think it's much more likely to be a slow and drawn out process
full member
Activity: 159
Merit: 100
June 03, 2013, 08:59:50 AM
#36
I see many new user, begging for a 30 $ coins, but I'm sorry, this is a Bull Trap, like most weekends. Will see the price recover before tomorrow morning. There is no reason for this price falling except a bull trap.

No it's not...don't buy coins for a few days...it will go lower, honest.

Another few 20k BTC dumps, and it may very well start a run to $3.
legendary
Activity: 966
Merit: 1001
Energy is Wealth
June 03, 2013, 08:51:23 AM
#35
Quote
It will crash to 2 cents per BTC before jumping up to $10,000/BTC.


 2 times
newbie
Activity: 58
Merit: 0
June 02, 2013, 04:46:52 PM
#34
Perhaps, I don't know  Wink

Yet - I am closely looking at the long term semi-log chart. Both medium term and long term trend are still in place, but the medium term trend runs the risk of getting broken in the coming weeks. https://bitcointalksearch.org/topic/long-term-check-up-223860 If so, we could see significantly lower prices $32- $64. Well, that's my take at this moment.
legendary
Activity: 1512
Merit: 1001
Bitcoin - Resistance is futile
June 02, 2013, 04:30:04 PM
#33
 Smiley
sr. member
Activity: 434
Merit: 250
June 02, 2013, 04:25:52 PM
#32
... but 15-20 is also possible.
Sorry, but this will not happen again.

Because...?

Because:
I see many new user, begging for a 30 $ coins, but I'm sorry, this is a Bull Trap, like most weekends. Will see the price recover before tomorrow morning. There is no reason for this price falling except a bull trap.

You're buying then?
full member
Activity: 224
Merit: 100
One bitcoin to rule them all!
June 02, 2013, 04:18:14 PM
#31
Seems like there are pretty good support at $50, it may go below, but not for a long time. Still, it will take time before we see those numbers. Not to mention that it's gonna take quite a bit of grinding just to go below $100.
member
Activity: 70
Merit: 10
June 02, 2013, 03:59:15 PM
#30
It will crash to 2 cents per BTC before jumping up to $10,000/BTC.

Anyone buying at $30-$40 is a sucker.

lol
full member
Activity: 130
Merit: 100
June 02, 2013, 03:51:33 PM
#29
... but 15-20 is also possible.
Sorry, but this will not happen again.

Because...?

Because:
I see many new user, begging for a 30 $ coins, but I'm sorry, this is a Bull Trap, like most weekends. Will see the price recover before tomorrow morning. There is no reason for this price falling except a bull trap.
full member
Activity: 238
Merit: 100
June 02, 2013, 03:26:28 PM
#28
I see many new user, begging for a 30 $ coins, but I'm sorry, this is a Bull Trap, like most weekends. Will see the price recover before tomorrow morning. There is no reason for this price falling except a bull trap.

No it's not...don't buy coins for a few days...it will go lower, honest.
welp, im convinced.


sell all zee coins!!! Wink
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
June 02, 2013, 03:25:03 PM
#27
I see many new user, begging for a 30 $ coins, but I'm sorry, this is a Bull Trap, like most weekends. Will see the price recover before tomorrow morning. There is no reason for this price falling except a bull trap.

No it's not...don't buy coins for a few days...it will go lower, honest.
legendary
Activity: 1512
Merit: 1001
Bitcoin - Resistance is futile
June 02, 2013, 03:22:14 PM
#26
I see many new user, begging for a 30 $ coins, but I'm sorry, this is a Bull Trap, like most weekends. Will see the price recover before tomorrow morning. There is no reason for this price falling except a bull trap.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
June 02, 2013, 03:21:03 PM
#25
It will crash to 2 cents per BTC before jumping up to $10,000/BTC.

Anyone buying at $30-$40 is a sucker.

LOL ok then you should

A. Sell all of your coins

B. Move all of your fiat paper off the exchange(s)

C. Delete your forum profile

D. Fail  Tongue Tongue

legendary
Activity: 1106
Merit: 1026
June 02, 2013, 03:18:08 PM
#24
We need to return to the pre-bubble point before starting the new big rally.

So so... why?
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
June 02, 2013, 03:17:50 PM
#23
It will crash to 2 cents per BTC before jumping up to $10,000/BTC.

Anyone buying at $30-$40 is a sucker.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
June 02, 2013, 03:17:15 PM
#22
...
The thing is the bubble has popped and since then the price has been propped up by whales.
Slowly the price will adjust itself to post bubble situation.
Bear phase starts now
I'm curious how you have determined that "whales" have been supporting the price?
legendary
Activity: 1428
Merit: 1000
June 02, 2013, 03:10:27 PM
#21
The thing is that a gut feeling about the price going up or down may have some merit. But when you assign a dollar value you are just wildly guessing. It looks like math, there are numbers and everything, but it is not math. It is a completely baseless guess. Which you are welcome to do.  Wink

So, what is your opinion about the price in the near future?
Since most of my guesses have been wrong, I don't know. lol  Embarrassed
It seems like there is strong support at $120. I think some of the smart money is waiting to see what regulation shake out before buying. Because BTC is more opaque than the banking economy I don't even know that.
Overall I'm bullish because there are a lot of smart people working on new projects. If one of those becomes a killer app then we could be in rally mode quickly. Of course bad news about regulation or a severe bug could crash the market. I just can't say anything with confidence.
 

I see no support at 120.The trend line has been broken.
Forget about regulation,to come infrastructure. The thing is the bubble has popped and since then the price has been propped up by whales.
Slowly the price will adjust itself to post bubble situation.
Bear phase starts now

member
Activity: 70
Merit: 10
June 02, 2013, 02:57:52 PM
#20
worst thing that could have ever happened happened when this thing went to $266. Bitcoin is dead because its on everyones radar. I remember 20 yrs ago when mp3's were illegal and you had to serach and search for them on the internet. Now they are a part of society and the majority of people never knew this. Same is going to happen with bitcoins. It was an experiment that passed the test and went well and the powers that be are now trying to get rid of it. And something that can be measured and controlled will be accepted by the masses. But it will take a while so it the meantime I think this thing trades sideways.
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