My prediction - page 2. | Bitcointalksearch.org

wareen

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Quote from: RyNinDaCleM on November 16, 2011, 06:10:22 PM

Quote from: ThomasV on November 16, 2011, 05:04:56 PM

there will not be many more massive sales like the one we saw two days ago.
there's just not enough bitcoins for that.

How many times do you suppose 40k goes into 7.5M? I'm sure there are more than a few people who can do that kind of damage again. The question is, are they dumb enough (or smart enough, all depends on how you look at it) to do so?

Keep in mind: for every seller of 40k BTC, there is one (or more) buyer(s) of 40k BTC - perfectly free to dump them right again.

RyNinDaCleM

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Legen -wait for it- dary

Quote from: ThomasV on November 16, 2011, 05:04:56 PM

there will not be many more massive sales like the one we saw two days ago.
there's just not enough bitcoins for that.

How many times do you suppose 40k goes into 7.5M? I'm sure there are more than a few people who can do that kind of damage again. The question is, are they dumb enough (or smart enough, all depends on how you look at it) to do so?

Jonathan Ryan Owens

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Quote from: ThomasV on November 16, 2011, 05:04:56 PM

there will not be many more massive sales like the one we saw two days ago.
there's just not enough bitcoins for that.

Famous last words.

ThomasV

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there will not be many more massive sales like the one we saw two days ago.
there's just not enough bitcoins for that.

Matthew N. Wright

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Hero VIP ultra official trusted super staff puppet

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Revalin

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The last few days have been courtesy of one or two individuals. The market is going where they're pushing it. You can't really model market behavior until they decide they're done.

You can: try to predict what their next moves will be; or try to predict what will happen after they quit screwing around; but you can't really say what will happen "in the next day or two" based on the charts.

ElectricMucus

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Predictions on sub 2 price are based upon a slow creep at low or constant volume. That is what happened last time so people are expecting it.

The same thing might happen differently this time, just so you can't predict the price accurately.
Oh there was a spike last time too, but so short you'd miss it if you aren't around...

The bidwall is just whoever cashed out being friendly, leaving the door open so to speak for the next one... who will arrive shortly after it has been pulled.

Dan The Man

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One more plunge in the next day or two to something in the low $2 range, possibly even below $2. Then a rise, probably sometime near the weekend with some jumps and starts up to about 2.9, probably not going to be breaking $3.

This is just based on looking at charts and kinda guessing. But either way, I am confident that those calling for a new sub $2 normal price are crazy. It might touch below $2 for a short moment, but it is definitely going back up.

Topic: My prediction - page 2. (Read 2806 times)