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Topic: Irrational exuberance is going to dry up - page 2. (Read 3109 times)

hero member
Activity: 1302
Merit: 502
You're absolutely wrong. It will fall back to $34.72. So there

Doesn't seem so scary to me. That was roughly the all-time high just a few hours ago.


Plus tomorrow is TUESDAY.
AH YEAH
donator
Activity: 2772
Merit: 1019
You're absolutely wrong. It will fall back to $34.72. So there

Doesn't seem so scary to me. That was roughly the all-time high just a few hours ago.
donator
Activity: 2772
Merit: 1019
once those people spend themselves out of the market. The price is going to fall back to around ~$34

I agree. Don't know if yet, but if the last 2 months are an indication we'll see a healthy pullback of 2-3$. Hopefully it will be equally quickly digested as in the previous instances.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
once those people spend themselves out of the market. The price is going to fall back to around ~$34

Ha, learn from history:
More like $70 to $80 then back to $15  Cheesy
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
That's like your opinion man.

We should make a sticky with just this statement in this subforum.
hero member
Activity: 602
Merit: 508
Firstbits: 1waspoza
No charts with lines? I'm disapointed, OP.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
That's like your opinion man.
+1
I lost count at about 1 million, But a lot of people come here and make bold statements about the future. Yet no one in history has be able to predict the future. So, what you have is a guess, not a logical fact.
ajk
donator
Activity: 447
Merit: 250
I said bearish/bullish for a reason sir..

Reason being is because even if we went down to 34 that is not really bad at all.. if anything probably would set us up to get even higher with the way things have been going

i also hold bitcoins and am long forever if you want to waste your time and read through my posts im definitely going to read yours(SARCASM)

and also why not?

at this point any news that isnt bad is good for bitcoin, everyone wants them and the price is probably going to be 100 USD within the year
hero member
Activity: 1302
Merit: 502
The Coinlabs/Gox deal (will create)/(has created) secret rocket conditions.
member
Activity: 112
Merit: 10
Better mining equipment isn't a reason to believe in stable high prices.

And I am not bearish at all. I want bitcoins to continue to skyrocket forever, since I own some. Look through my post history; if this prediction is wrong, it will be the first wrong prediction I have posted here.
ajk
donator
Activity: 447
Merit: 250
GO CHINA GOOOOOO
newbie
Activity: 34
Merit: 0
March 04, 2013, 01:34:34 PM
#9
How do you feel about the Coinlabs/bitcoin deal? http://bitcoinmagazine.com/coinlab-bringing-bitcoin-to-wall-street-with-mtgox-deal/

The market exuberance is partially due to mining speculation, I am sure Avalon-ASIC taking BTC payments has bumped the trend.

There is a wildcard with the Chinese, they are very close to a bubble burst/economic meltdown from their real estate sector.  I am really curious about acceptance of Bitcoin in the Asian market.  This is totally speculative, but Bitcoin would be an attractive place for savings savvy Chinese to store wealth; so far the returns far exceed inflation.  Bitcoin will also have the advantage of being very fluid in a market driven by export and manufacturing.  Once one site starts accepting Bitcoin on the Chinese mainland it could cause a resurgence.  Probably what is holding back the flood gates is Chinese offshore investment laws.

lol i like the bullish/bearishness

crazy though, i was expecting movement but in the other direction!!!, at this point I think the amount of new money coming in is very high, also the demo that bitcoin is after is pretty deep pockets so seeing predictions in the 50-100 dollar range may definitely be reachable especially at this rate of growth,

shit is going to be going nuts if we start seeing hedge funds and people buying and selling millions at a time if there ever so happens to be a time like this in the foreseeable future

Again, China.
ajk
donator
Activity: 447
Merit: 250
March 04, 2013, 01:33:11 PM
#8
I hope it does and I hope they will Smiley
full member
Activity: 224
Merit: 100
March 04, 2013, 01:32:20 PM
#7
You're absolutely wrong. It will fall back to $34.72. So there
member
Activity: 111
Merit: 10
March 04, 2013, 01:30:02 PM
#6
There are some hormone treatments that might help with the dryness problem?
legendary
Activity: 1106
Merit: 1001
March 04, 2013, 01:28:25 PM
#5
lol i like the bullish/bearishness

crazy though, i was expecting movement but in the other direction!!!, at this point I think the amount of new money coming in is very high, also the demo that bitcoin is after is pretty deep pockets so seeing predictions in the 50-100 dollar range may definitely be reachable especially at this rate of growth,

shit is going to be going nuts if we start seeing hedge funds and people buying and selling millions at a time if there ever so happens to be a time like this in the foreseeable future

The thing is, for hedge funds to start moving millions into BTC each BTC has to be worth a lot more than it is today... kind of like a self feeding cycle of frenzy, really  Grin
ajk
donator
Activity: 447
Merit: 250
March 04, 2013, 01:27:14 PM
#4
lol i like the bullish/bearishness

crazy though, i was expecting movement but in the other direction!!!, at this point I think the amount of new money coming in is very high, also the demo that bitcoin is after is pretty deep pockets so seeing predictions in the 50-100 dollar range may definitely be reachable especially at this rate of growth,

shit is going to be going nuts if we start seeing hedge funds and people buying and selling millions at a time if there ever so happens to be a time like this in the foreseeable future
legendary
Activity: 1512
Merit: 1000
March 04, 2013, 01:26:29 PM
#3
Sure, keep telling yourself that.
hero member
Activity: 811
Merit: 1000
Web Developer
March 04, 2013, 01:26:24 PM
#2
That's like your opinion man.
member
Activity: 112
Merit: 10
March 04, 2013, 01:22:22 PM
#1
once those people spend themselves out of the market. The price is going to fall back to around ~$34
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