Topic: Mt. Gox reopens in 1 hour. Predictions? - page 4. (Read 3719 times)
Everything will go smoothly.
lets better put it this way:
first swallow up the bids which are still there, so move down.
Then probably high API lag again, causing the downward move to terminate at a point which is absolutely arbitrary and meaningless.
Next bounce back up when the buy orders hit the head of the engine queue. Again the top value is arbitrary and meaningless.
Then, after matters cool down, the real action starts. My personal bet is it will be headed first a bit below $100. But from this point up, we should not try to make predicitions, since psychology isn't predictable.
first swallow up the bids which are still there, so move down.
Then probably high API lag again, causing the downward move to terminate at a point which is absolutely arbitrary and meaningless.
Next bounce back up when the buy orders hit the head of the engine queue. Again the top value is arbitrary and meaningless.
Then, after matters cool down, the real action starts. My personal bet is it will be headed first a bit below $100. But from this point up, we should not try to make predicitions, since psychology isn't predictable.
Quote from the article:
"Bitcoin is now officially a failed experiment."
Awesome. That ranks right up there with Wired adding Bitcoin to the 2012 "Expired" list. "Bitcoin is now officially a failed experiment."
People have been "Goxed" again! I predict a bottoming out at $50 however Mt Gox will pull the plug at $70 and blame it on a technical glitch this time.
Should you listen to me? Of course not!
CoinMan
Should you listen to me? Of course not!
CoinMan
Everyone sells their Bitcoin.
The value plumets to negative values.
Investor-noobs go insane and start mass riots.
The world economy collapses and the zombie apocalypse is finally realised.
Mt. Gox starts trading in rifles, ammo and food... due to incompetence they lose everyone's resources...
The value plumets to negative values.
Investor-noobs go insane and start mass riots.
The world economy collapses and the zombie apocalypse is finally realised.
Mt. Gox starts trading in rifles, ammo and food... due to incompetence they lose everyone's resources...
Best prediction ever.
/Close Thread
It will probably crash well below $100, probably in the range of $20-50.
This is how the mainstream press is viewing this event:
http://www.naturalnews.com/039880_bitcoin_bubble_panic_selling_accounts_frozen.html
Quote from the article:
"Bitcoin is now officially a failed experiment."
This is how the mainstream press is viewing this event:
http://www.naturalnews.com/039880_bitcoin_bubble_panic_selling_accounts_frozen.html
Quote from the article:
"Bitcoin is now officially a failed experiment."
Everyone sells their Bitcoin.
The value plumets to negative values.
Investor-noobs go insane and start mass riots.
The world economy collapses and the zombie apocalypse is finally realised.
Mt. Gox starts trading in rifles, ammo and food... due to incompetence they lose everyone's resources...
The value plumets to negative values.
Investor-noobs go insane and start mass riots.
The world economy collapses and the zombie apocalypse is finally realised.
Mt. Gox starts trading in rifles, ammo and food... due to incompetence they lose everyone's resources...
Down to 50 or below. Crash still needs to level out, majority of people will want to panic sell.
Down to $100 bounce to $150
Will the sell-off continue or did most people find other avenues to sell in the last 12 hours?
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