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Topic: If price goes below 90, there'll be a big sell-off? (Read 3322 times)

derpinheimer
legendary
Activity: 896
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If price goes below 90, there'll be a big sell-off?
July 03, 2013, 10:42:42 PM
#53
Quote from: d5000 on July 03, 2013, 05:12:40 AM
My guess:

- 40 % chance that it will drop to 80 and then recover.
- 40 % chance that it will drop even lower.
- 20 % chance that 86 was the bottom.

That's like me saying

20% chance we go up tomorrow
40% we go down
40% we go down and then up

Kind of a pointless prediction. I have almost all bases covered.
Inedible
hero member
Activity: 700
Merit: 500
What doesn't kill you only makes you sicker!
Re: If price goes below 90, there'll be a big sell-off?
July 03, 2013, 10:40:14 PM
#52
Quote from: Spaceman_Spiff on July 03, 2013, 12:12:18 PM
Quote from: Inedible on July 02, 2013, 07:31:36 PM
Quote from: Spaceman_Spiff on July 02, 2013, 01:26:48 PM
Quote from: Inedible on July 01, 2013, 09:24:52 PM
Seems as if price is recovering now - I guess 90 isn't a great psychological barrier.

I wouldn't conclude that yet.  Give it 2-3 days.

Looks pretty stable at 90 just now.

Told ya  Wink

Nice call  Wink
Spaceman_Spiff
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Re: If price goes below 90, there'll be a big sell-off?
July 03, 2013, 12:12:18 PM
#51
Quote from: Inedible on July 02, 2013, 07:31:36 PM
Quote from: Spaceman_Spiff on July 02, 2013, 01:26:48 PM
Quote from: Inedible on July 01, 2013, 09:24:52 PM
Seems as if price is recovering now - I guess 90 isn't a great psychological barrier.

I wouldn't conclude that yet.  Give it 2-3 days.

Looks pretty stable at 90 just now.

Told ya  Wink
d5000
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
Re: If price goes below 90, there'll be a big sell-off?
July 03, 2013, 05:12:40 AM
#50
My guess:

- 40 % chance that it will drop to 80 and then recover.
- 40 % chance that it will drop even lower.
- 20 % chance that 86 was the bottom.
Crypt_Current
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
Re: If price goes below 90, there'll be a big sell-off?
July 03, 2013, 04:27:31 AM
#49
hovering around 69 EUR   Wink  Grin
Inedible
hero member
Activity: 700
Merit: 500
What doesn't kill you only makes you sicker!
Re: If price goes below 90, there'll be a big sell-off?
July 03, 2013, 04:22:44 AM
#48
Seems to me that the long downward slide as predicted by others is happening.

There are momentary highs and lows but overall it looks like a repeat of the previous crash.
freedomno1
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
Re: If price goes below 90, there'll be a big sell-off?
July 02, 2013, 09:09:21 PM
#47
Well building up total bitcoins lets it ride  Cool
derpinheimer
legendary
Activity: 896
Merit: 1000
Re: If price goes below 90, there'll be a big sell-off?
July 02, 2013, 09:08:08 PM
#46
Quote from: Jozzaboy on July 02, 2013, 07:53:43 PM
Quote from: Inedible on July 02, 2013, 07:31:36 PM
Quote from: Spaceman_Spiff on July 02, 2013, 01:26:48 PM
Quote from: Inedible on July 01, 2013, 09:24:52 PM
Seems as if price is recovering now - I guess 90 isn't a great psychological barrier.

I wouldn't conclude that yet.  Give it 2-3 days.

Looks pretty stable at 90 just now.

Indeed, bitstamp catching up to MTGox and the amount of coins it would take to drop us to 80 would put us at 107$ BTC price. Market depth indication: Bullish.

True, but lately market depth hasnt meant much. Most sellers are big players without ask walls. Most buys are in the bids.
Jozzaboy
member
Activity: 98
Merit: 10
Re: If price goes below 90, there'll be a big sell-off?
July 02, 2013, 07:53:43 PM
#45
Quote from: Inedible on July 02, 2013, 07:31:36 PM
Quote from: Spaceman_Spiff on July 02, 2013, 01:26:48 PM
Quote from: Inedible on July 01, 2013, 09:24:52 PM
Seems as if price is recovering now - I guess 90 isn't a great psychological barrier.

I wouldn't conclude that yet.  Give it 2-3 days.

Looks pretty stable at 90 just now.

Indeed, bitstamp catching up to MTGox and the amount of coins it would take to drop us to 80 would put us at 107$ BTC price. Market depth indication: Bullish.
Inedible
hero member
Activity: 700
Merit: 500
What doesn't kill you only makes you sicker!
Re: If price goes below 90, there'll be a big sell-off?
July 02, 2013, 07:31:36 PM
#44
Quote from: Spaceman_Spiff on July 02, 2013, 01:26:48 PM
Quote from: Inedible on July 01, 2013, 09:24:52 PM
Seems as if price is recovering now - I guess 90 isn't a great psychological barrier.

I wouldn't conclude that yet.  Give it 2-3 days.

Looks pretty stable at 90 just now.
Spaceman_Spiff
legendary
Activity: 1638
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Re: If price goes below 90, there'll be a big sell-off?
July 02, 2013, 01:26:48 PM
#43
Quote from: Inedible on July 01, 2013, 09:24:52 PM
Seems as if price is recovering now - I guess 90 isn't a great psychological barrier.

I wouldn't conclude that yet.  Give it 2-3 days.
Agricola
newbie
Activity: 31
Merit: 0
Re: If price goes below 90, there'll be a big sell-off?
July 02, 2013, 01:19:52 PM
#42
Quote from: Inedible on July 01, 2013, 09:24:52 PM
Seems as if price is recovering now - I guess 90 isn't a great psychological barrier.

My thoughts exactly.
Inedible
hero member
Activity: 700
Merit: 500
What doesn't kill you only makes you sicker!
Re: If price goes below 90, there'll be a big sell-off?
July 01, 2013, 09:24:52 PM
#41
Seems as if price is recovering now - I guess 90 isn't a great psychological barrier.
Pajamaw
newbie
Activity: 39
Merit: 0
Re: If price goes below 90, there'll be a big sell-off?
July 01, 2013, 06:50:55 PM
#40
You can probably wait to buy in for quite a while.

As long as Bitcoin remains as speculative as it is at the moment, the price will remain fluctuating but on a downward trend.

Google trends estimated that btc was worth about $35 without the speculative bullshit that's feeding all of our wildest hopes and desires to sell off our 1.02 btc for thousands. I'm thinking we're going to keep heading for that bullseye until another PR stunt is pulled off and people get a renewed interest that spikes us back to those triple digits.

That is assuming that btc on a whole remains for the most part a commodity and not an actual currency.

but if ebay, paypal, and dwolla take their prodigal son back than that later assumption goes in the trash and then step 4 people...PROFITTTTT  Cheesy
Jozzaboy
member
Activity: 98
Merit: 10
Re: If price goes below 90, there'll be a big sell-off?
July 01, 2013, 06:45:30 PM
#39
Quote from: zackclark70 on July 01, 2013, 06:40:53 PM
btc-e right now



Last Price: 80.97 USD

Low: 75.566 USD

High: 91.9739 USD

See? Normal, nothing to worry about. We are overdue a sucker rally right now anyway. Stay tuned.
zackclark70
legendary
Activity: 868
Merit: 1000
ADT developer
Re: If price goes below 90, there'll be a big sell-off?
July 01, 2013, 06:40:53 PM
#38
btc-e right now



Last Price: 80.97 USD

Low: 75.566 USD

High: 91.9739 USD
Jozzaboy
member
Activity: 98
Merit: 10
Re: If price goes below 90, there'll be a big sell-off?
July 01, 2013, 06:38:55 PM
#37
Quote from: zackclark70 on July 01, 2013, 06:36:15 PM
I was on btc-e I have not looked on gox

It's fine Btc-e at 80ish along with the other small exhanges. Normal. Still patiently watching for the right time to buy in, there is a lot of resistance at this point.
zackclark70
legendary
Activity: 868
Merit: 1000
ADT developer
Re: If price goes below 90, there'll be a big sell-off?
July 01, 2013, 06:36:15 PM
#36
I was on btc-e I have not looked on gox
zackclark70
legendary
Activity: 868
Merit: 1000
ADT developer
Re: If price goes below 90, there'll be a big sell-off?
July 01, 2013, 06:26:50 PM
#35
well its at 75
Inedible
hero member
Activity: 700
Merit: 500
What doesn't kill you only makes you sicker!
Re: If price goes below 90, there'll be a big sell-off?
July 01, 2013, 06:22:33 PM
#34
86 here we come!

Plenty of resistance just above 86. Looks like some panicking is going on.
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