Topic: I predict BTC/USD will fall to $2 by December 31, 2013 - page 2. (Read 7291 times)
I was surprised to see this old post get dug up! I have no idea how I came to write this regrettably ultra-bearish dribble. But, I DID mention a few times that I am no psychic or statistician, or whatever. It just goes to show you that you can't just extrapolate on anything. Mea culpa. So sorry. I am just bad at predicting. You should never follow my advice or prediction or whatever. This IS a speculation forum, isn't it???
You guys are missing the point. We only have three days before a flash crash to $2. See you on the order books.
That was a lot of fun reading this old thread!
There is still couple of days before the 31 but I have a hard time figuring the price going down that much!
Especially China is back in the game..
There is still couple of days before the 31 but I have a hard time figuring the price going down that much!
Especially China is back in the game..
lol. still a few days to go tbf
BTC value has been dropping steadily. Bad news for Winklevoss twins. So, I am predicting it will fall all the down to $2 range by the end of this year.
Probably even lower than that.
Its nice to finally see someone that isn't doing drugs, and think that we're going to hit $1k or $1M.
I haven't check in the last 24 hours, so I brought up MtGox expecting to see maybe $95 but it was $82 lol... dropping fast! Heheh.
yeah looks like we're even lower than that
Funny to see predictions half year ago, but to be fair, still some time for drop under $2 by December 31, 2013
Name: jamesc760
Posts: 329
Activity: 238
Position: Sr. Member
Date Registered: April 05, 2013, 11:13:23 PM
Last Active: Today at 09:38:10 PM
Any comment jamessc760? How did you get to be so darn accurate?
Posts: 329
Activity: 238
Position: Sr. Member
Date Registered: April 05, 2013, 11:13:23 PM
Last Active: Today at 09:38:10 PM
Any comment jamessc760? How did you get to be so darn accurate?
This is the closest most accurate prediction I have ever seen...I will most certainly follow this person's advice at every corner.
/sarcasm
/sarcasm
How did this person know? They were right on the money
BTC value has been dropping steadily. Bad news for Winklevoss twins. So, I am predicting it will fall all the down to $2 range by the end of this year.
Probably even lower than that.
Its nice to finally see someone that isn't doing drugs, and think that we're going to hit $1k or $1M.
I haven't check in the last 24 hours, so I brought up MtGox expecting to see maybe $95 but it was $82 lol... dropping fast! Heheh.
yeah looks like we're even lower than that
Sorry, what is activity? I see I have activity always the same as post count, but what is it?
When you first start out activity=post count but then as you grow and mature it becomes something else based on a combination of time spent and post count.
Sorry, what is activity? I see I have activity always the same as post count, but what is it?
Thanks! I will wait until then to buy. Thanks again for all this valuable information.
JackRabiit: 850+ activity. Wow.
Wait what? Thats a noteworthy amount?Put a bet up or shutup, ...
JackRabiit: 850+ activity. Wow.
Only people like Theymos have a activity count as high as mine. Gosh!
Thanks! I will wait until then to buy. Thanks again for all this valuable information.
JackRabiit: 850+ activity. Wow.
Wait what? Thats a noteworthy amount?Put a bet up or shutup, ...
JackRabiit: 850+ activity. Wow.
Thanks! I will wait until then to buy. Thanks again for all this valuable information.
JackRabiit: 850+ activity. Wow.
Wait what? Thats a noteworthy amount? Put a bet up or shutup, ...
JackRabiit: 850+ activity. Wow.
lol on the cartoon above. which reminds to add
I am neither an expert, a psychic, nor a statistian.
I am neither an expert, a psychic, nor a statistian.
Yep all those people that invested millions into Bitcoin development and holdings will just allow their investment to fail.
What choice do they have? Are they going to buy up all the coins? Spend them all by themselves? The difference between investors and die hard bitcoiners is, investors know when to cut their losses and move on. Diehard bitcoiners will go down with the ship, in pure denial. That's either admirably courageous or dumb as hell. Let each person decide for themselves.
Yep all those people that invested millions into Bitcoin development and holdings will just allow their investment to fail.
Does this mean LTC will be worth more than BTC in August??? 
every week for the past month, btc value has been falling by $10US, and extrapolating it to the next few weeks gives me the following;
July 10 -- $70
July 17 -- $60
July 24 -- $50
,
,
,
August 21 -- $10
Once the $10 firewall is breeched, the race to $2 will happen in a few days.
Thus, by the end of August 2013, it will be $2 or less.
PS: I am neither an expert nor a psychic. Think of me as a devils advocate.
July 10 -- $70
July 17 -- $60
July 24 -- $50
,
,
,
August 21 -- $10
Once the $10 firewall is breeched, the race to $2 will happen in a few days.
Thus, by the end of August 2013, it will be $2 or less.
PS: I am neither an expert nor a psychic. Think of me as a devils advocate.
every week for the past month, btc value has been falling by $10US, and extrapolating it to the next few weeks gives me the following;
July 10 -- $70
July 17 -- $60
July 24 -- $50
,
,
,
August 21 -- $10
Once the $10 firewall is breeched, the race to $2 will happen in a few days.
Thus, by the end of August 2013, it will be $2 or less.
PS: I am neither an expert nor a psychic. Think of me as a devils advocate.
July 10 -- $70
July 17 -- $60
July 24 -- $50
,
,
,
August 21 -- $10
Once the $10 firewall is breeched, the race to $2 will happen in a few days.
Thus, by the end of August 2013, it will be $2 or less.
PS: I am neither an expert nor a psychic. Think of me as a devils advocate.
I agree with your analysis as I came up with $2 as well. However the one thing I think you are missing is increasing difficulty of mining which sets the bottom price higher. Yes ASIC is driving price to that floor, but it is also driving difficulty up at the same time.
Right now I have them converging at $20, but it doesn't matter it will be easy to calculate when it gets there... whatever price it is. That is when to buy.
Better yet I am thinking of purchasing whatever the most efficient miner is at that time (assuming it can be shipped immediately) and either buying or mining based on the KW/GH ratio advantage at any given time.
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