Topic: How deep do you expect the price to fall? - page 4. (Read 8906 times)
The walls are gone now so its anyone guess how much it will drop.
Thank you all for your thoughts.
This thread has been very inspirational to me.
This thread has been very inspirational to me.
It always dips at the end of a month. People cash out to pay bills. The 10-12th is usually the highest.
Astute observation. Every time I think the forum doesn't product any winners someone comes around and shows me I'm wrong. Kudos on paying attention and having the fortitude to actually play the hand.
Welp, I bought back in at 10.8 a couple days ago...so I (obviously) didnt expect it to fall in the first place, which is why I hate trying to play flat markets.
That said, who knows? Ill say 8 for the next bottom. But I'm gonna hold on to my btc position for now and hope you guys don't drive this into the ground...id rather be in usd right now, honestly, but I don't trade at a loss.
That said, who knows? Ill say 8 for the next bottom. But I'm gonna hold on to my btc position for now and hope you guys don't drive this into the ground...id rather be in usd right now, honestly, but I don't trade at a loss.
In the same position as you. After a while I realize just to sit and wait it out. It will have to come back up sooner or later.
Welp, I bought back in at 10.8 a couple days ago...so I (obviously) didnt expect it to fall in the first place, which is why I hate trying to play flat markets.
That said, who knows? Ill say 8 for the next bottom. But I'm gonna hold on to my btc position for now and hope you guys don't drive this into the ground...id rather be in usd right now, honestly, but I don't trade at a loss.
That said, who knows? Ill say 8 for the next bottom. But I'm gonna hold on to my btc position for now and hope you guys don't drive this into the ground...id rather be in usd right now, honestly, but I don't trade at a loss.
i think 9.66 was the lowest its going to get from now on.
30k bitcoins says it will not get lower than 9.7
its more like 30K praying to god, it will go lower than 9.7 over the weekend
i predict any sell off below 9 will be quickly bought back up
and when the rally on Tuesday starts, watch out! its going to be Spectacular.
if your thinking it will Stabilize somewhere like it did at 5... your dreaming.
i think 9.66 was the lowest its going to get from now on.
30k bitcoins says it will not get lower than 9.7
its more like 30K praying to god, it will go lower than 9.7 over the weekend
i think 9.66 was the lowest its going to get from now on.
30k bitcoins says it will not get lower than 9.7
its more like 30K praying to god, it will go lower than 9.7 over the weekend
Closer to 40k now, another 3k wall at 9.8.
Prayer might be an effective wall, but asks are the more effective.
i think 9.66 was the lowest its going to get from now on.
30k bitcoins says it will not get lower than 9.7
its more like 30K praying to god, it will go lower than 9.7 over the weekend
6.85 give it some time tho.
i think 9.66 was the lowest its going to get from now on.
30k bitcoins says it will not get lower than 9.7
i think 9.66 was the lowest its going to get from now on.
I've got a cage full of birds. I don't mind letting some out occasionally to see if they can bring back a mate.
8.5
It always dips at the end of a month. People cash out to pay bills. The 10-12th is usually the highest.
I personally doubt that what is going on is somehow connected to pirates ponzi. More likely it is someone or some people trying to bring the price down and buy cheap on Monday morning, like last time, only last time was caused by pirate40,...
I have no idea or particular opinion as to who is behind either attempt. I had assumed the same entity was probably behind both attempts, but yes, today's action could certainly be a copycat.
only time will tell.
I doubt we'll ever know who was selling.
Yeah, I think DeathAndTaxes has it right.
Certainly the collapse of BTCST has probably reduced the influx of fiat, but I think by far the largest chunk of that would be from existing bitcoiners; I'm not expecting large outflows, even if Pirate does make significant payouts (which I don't expect).
I see BTC being stable at $10-$11, short term. I don't think we're going to see a continuation of the bubble-licious behaviour we had immediately prior to the correction two weeks ago; at least not for a little while.
Certainly the collapse of BTCST has probably reduced the influx of fiat, but I think by far the largest chunk of that would be from existing bitcoiners; I'm not expecting large outflows, even if Pirate does make significant payouts (which I don't expect).
I see BTC being stable at $10-$11, short term. I don't think we're going to see a continuation of the bubble-licious behaviour we had immediately prior to the correction two weeks ago; at least not for a little while.
I'm somewhat skeptical of this assumption that people will cash out their payouts (if they materialise - which I somewhat doubt). All these people who were so keen to invest in BTCST will suddenly give up on BTC altogether and cash out to fiat? That's a big assumption
Because some people would have only bought bitcoins because of Pirates offer??
No you know anyone like that. Pirate didn't con a bunch of bitcoin outsiders. Hell they (looking objectively from a distance) were more likely to see it as an super obvious ponzi. It was only the bitcoin enthusiast who thought somehow bitcoin could bend the laws of compounding interest.
My guess is the number of people who were complete outsiders to Bitcoin and bought solely to put coins into an obvious ponzi and will sell as soon as possible are a distinct minority.
Maybe it makes people feel better to think that but this was a "hometown" scam. The people scammed were the people right here in this forum long before Pirate started offering dumbass "wagers".
Yes but with those rates there is a high chance of seasoned forum members encouraging there peers to cash in. I'm not saying all BST and PPT will cash out (I won't be doing so with my merge [possible] return) but some will. Which could help further push down the weekends low and possibly helping a BIG (naming no name's) trader??
I personally doubt that what is going on is somehow connected to pirates ponzi. More likely it is someone or some people trying to bring the price down and buy cheap on Monday morning, like last time, only last time was caused by pirate40,... only time will tell.
I think that the price will go back above 10$ the only thing that scares me a bit is that Monday is a Holiday.
I think that the price will go back above 10$ the only thing that scares me a bit is that Monday is a Holiday.
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