[POLL] Guess the Bitcoin rate end of July

freethebitcoin

member

Activity: 65

Merit: 10

Quote from: ?? on ??

You'll see the stability when the chain of support is complete.
When baker can buy flour and yeast with BTC and a farmer can buy seeds with BTC.

For now you can just use a payment processor, that converts BTC to USD if volatility is an issue.

I understand what is needed for Bitcoin to go mainstream but im talking about the greed making the transition more difficult.

freethebitcoin

member

Activity: 65

Merit: 10

Quote from: superduh on July 30, 2013, 05:48:34 PM

Quote from: freethebitcoin on July 30, 2013, 02:44:27 PM

Quote from: GigaDice on July 17, 2013, 12:32:20 AM

Between 50-99 USD. The long term trend is upward, so buy as much as you can while they're still cheap Grin

I hope the long term trend is stable.
Only ppl who hope to earn easy buck would made such a statement.

Bitcoin should be be used what it was made for not to repeat the mistakes the we making with banks.

Im surprised to see that most ppl around Bitcoin are more focused on pump and dump instead of using it in everyday transactions.

nothing in the world is stable. + at these prices one would have to be naive that it can be stable. it should approach "stability" the more amount of people have it. by then market cap would likely be 1 trillion

The USD against HKD has been stable for 10 years, so some things can be stable.
http://www.xe.com/currencycharts/?from=USD&to=HKD&view=10Y

What im trying to say is that this "earn quick cash before it crashes" thinking does not make Bitcoin adoption by "real" humans any easier.

I would like to start a retail business accepting BTC but the unstable rate makes it impossible.
This makes the Bitcoin network useful only to early adopters and geeks who want to earn quick buck.

freethebitcoin

member

Activity: 65

Merit: 10

Quote from: monkeybars on July 30, 2013, 05:35:49 PM

Quote from: freethebitcoin on July 30, 2013, 02:44:27 PM

Im surprised to see that most ppl around Bitcoin are more focused on pump and dump instead of using it in everyday transactions.

This is the speculation board. http://en.wikipedia.org/wiki/Speculation

I was aiming at the whole community around BTC not only this sub forum.

Excuse me for thinking. Wink

superduh

hero member

Activity: 602

Merit: 500

Quote from: freethebitcoin on July 30, 2013, 02:44:27 PM

Quote from: GigaDice on July 17, 2013, 12:32:20 AM

Between 50-99 USD. The long term trend is upward, so buy as much as you can while they're still cheap Grin

I hope the long term trend is stable.
Only ppl who hope to earn easy buck would made such a statement.

Bitcoin should be be used what it was made for not to repeat the mistakes the we making with banks.

Im surprised to see that most ppl around Bitcoin are more focused on pump and dump instead of using it in everyday transactions.

nothing in the world is stable. + at these prices one would have to be naive that it can be stable. it should approach "stability" the more amount of people have it. by then market cap would likely be 1 trillion

monkeybars

sr. member

Activity: 278

Merit: 251

Quote from: freethebitcoin on July 30, 2013, 02:44:27 PM

Im surprised to see that most ppl around Bitcoin are more focused on pump and dump instead of using it in everyday transactions.

This is the speculation board. http://en.wikipedia.org/wiki/Speculation

freethebitcoin

member

Activity: 65

Merit: 10

Quote from: GigaDice on July 17, 2013, 12:32:20 AM

Between 50-99 USD. The long term trend is upward, so buy as much as you can while they're still cheap Grin

I hope the long term trend is stable.
Only ppl who hope to earn easy buck would made such a statement.

Bitcoin should be be used what it was made for not to repeat the mistakes the we making with banks.

Im surprised to see that most ppl around Bitcoin are more focused on pump and dump instead of using it in everyday transactions.

monkeybars

sr. member

Activity: 278

Merit: 251

Currently $100.00

Quote from: monkeybars on July 11, 2013, 10:02:24 PM

I predict $103 on 7/31

http://www.youtube.com/watch?v=t7z192I-mQM

Tzupy

legendary

Activity: 2156

Merit: 1094

The current large gap between MtGox and other exchanges is due to the stalling of $ withdrawals by MtGox.
This has led the people who really need to withdraw $ from MtGox to buy BTC on MtGox and sell them on other exchanges.
Of course, some other people may be buying on other exchages and selling on MtGox, but without withdrawing much $.
It seems MtGox has a liquidity problem due to FinCEN certification costs, so the larger withdrawals are delayed, only smaller ones go through.
So it's still possible to take advantage of the price gap if you only sell small amounts of BTC on MtGox and withdraw small amounts of $.
I wonder what will happen if MtGox resumes full $ withdrawal, the price on other exchanges will go up, or the price on MtGox will go down?
Or what will happen if MtGox completely stops withdrawals again? That could kill their remaining credibility.

PS. Price is slowly moving downwards, but there's no way to tell if it will drop below 96. It will recover from a drop to 97.
If however it drops below 96, then based on movements recorded in the 30 day chart, I'd expect a panic sell and a drop to 85-88.

PS. I was sooo right! Actually, we'll see if this stops at 85-88...

cosmicblue

sr. member

Activity: 282

Merit: 250

Quote from: MargaretsDream on July 17, 2013, 04:51:32 AM

wish there is 75-125 option Wink

True! (most likely)

MargaretsDream

full member

Activity: 162

Merit: 100

wish there is 75-125 option Wink

Tzupy

legendary

Activity: 2156

Merit: 1094

The rather large buys on the 11th and 12th were at prices much lower than 100, lately there has been very little interest to buy above 100.
If no 'whale' absolutely wants to buy BTC above 100, then the current 95-100 may stick for a while.
But there's a large gap with other exchanges, and to me this signals a negative correction on MtGox is to be expected.
So my vote for the end of July goes to 80s, if not lower, in case there's a massive panic sell.

ChronoX5

member

Activity: 72

Merit: 10

Quote from: Walsoraj on July 05, 2013, 08:45:23 PM

200+

Easy poll that presents no challenge.

Ahaha, Jaroslaw's missing cousin Cheesy

GigaDice

full member

Activity: 224

Merit: 100

Between 50-99 USD. The long term trend is upward, so buy as much as you can while they're still cheap Grin

Wagner2014

member

Activity: 84

Merit: 10

between $50 and $80

BitPirate

full member

Activity: 238

Merit: 100

RMBTB.com: The secure BTC:CNY exchange. 0% fee!

Quote from: dnaleor on July 11, 2013, 09:52:53 PM

If we manage to break 100$ and stay there for at least 3 days I think we have a fair chance of hitting 160$ by the end of july

^ this. $160.

freethebitcoin

member

Activity: 65

Merit: 10

Quote from: XXthetimeisnowXX on July 11, 2013, 10:07:15 PM

Quote from: zhangweiwu on July 05, 2013, 08:34:57 PM

This poll is poorly designed. 50 - 99 USD is a very large a range, and thus is the favourate.

agreed this pool is full of fail. why would you put the close date on the day of the close poll. what will the price be for one btc in one hour? poll closes in one hour. hummmmmm how about close the poll in ten minutes. or in this case in one week. dork.

The interesting is to find out what ppl predicted at the beginning of the poll not 10 min before.

When would you like to close the poll? 1 day before? 2 days before? 1 week before?
Or where is the poll manual?

XXthetimeisnowXX

sr. member

Activity: 252

Merit: 250

a wolf in sheeps clothing. suckerfish

Quote from: Jaroslaw on July 06, 2013, 04:08:38 AM

it will be somewhere between 10$ and 20$

oh man you are to much. just so damn funny arnt ya big tex

XXthetimeisnowXX

sr. member

Activity: 252

Merit: 250

a wolf in sheeps clothing. suckerfish

Quote from: zhangweiwu on July 05, 2013, 08:34:57 PM

This poll is poorly designed. 50 - 99 USD is a very large a range, and thus is the favourate.

agreed this pool is full of fail. why would you put the close date on the day of the close poll. what will the price be for one btc in one hour? poll closes in one hour. hummmmmm how about close the poll in ten minutes. or in this case in one week. dork.

monkeybars

sr. member

Activity: 278

Merit: 251

I predict $103 on 7/31

dnaleor

legendary

Activity: 1470

Merit: 1000

Want privacy? Use Monero!

If we manage to break 100$ and stay there for at least 3 days I think we have a fair chance of hitting 160$ by the end of july

Topic: [POLL] Guess the Bitcoin rate end of July (Read 2969 times)