Author

Topic: POLL: how much will the bitcoin price drop after reopening of mtgox? (Read 2000 times)

member
Activity: 336
Merit: 10
Here it goes, it started dropping. SELL SELL SELL!!  Grin
hero member
Activity: 809
Merit: 501
Always verify deals with me through my public key!
full member
Activity: 184
Merit: 100
Now after it is open and settled down .. it will equate with other stock markets you SMART guy!
member
Activity: 112
Merit: 10
Tradehill has way less users than Mt. Gox so its not like the Mt. Gox users just went to TH and sold their bitcoins.  Should be interesting to see what happens.  
full member
Activity: 154
Merit: 100
It said I could choose up to 5 options, so I did.

But really, I would have just chosen $15 if it was there.
sr. member
Activity: 398
Merit: 250
It surely won't rise.
So you think that people on this forum are just bunch of morons that will buy your shit so you can buy cheap bitcoins?
legendary
Activity: 1176
Merit: 1233
May Bitcoin be touched by his Noodly Appendage
It surely won't rise.
Ah... 70 more minutes before we get to watch the pigs get slaughtered.

Of course the price will rise.

You and others will try to sell immediately.  The savvy investor knows the suckers will be trying to sell.  CASH has been tied up in Mt. Gox for a week.  (Bitcoins were freed yesterday, but not so much the cash.... hard to move your whole cash position to TradeHill... easier to wait until today's Mt Gox open).

Savvy investors will be buying up Bitcoins from the amateurs.  And some of you will sell your whole position at 15.  And when you see the price hit 17, and then 18, and the world didn't end, then you'll be buying back in at 18... And you'll drive the price up over 20.  Before it's all over, some amateurs will be out at 15 and back in at 25.  Sell low, buy high.  Good move!

Then again, what do I know!  Trust your instincts!  Others will appreciate it.


Why would you not have a poll option greater than 10?  Like "It will rise, not fall."
For >$10 options, see there: http://forum.bitcoin.org/index.php?topic=22793.0
sr. member
Activity: 266
Merit: 250
It surely won't rise.
Ah... 70 more minutes before we get to watch the pigs get slaughtered.

Of course the price will rise.

You and others will try to sell immediately.  The savvy investor knows the suckers will be trying to sell.  CASH has been tied up in Mt. Gox for a week.  (Bitcoins were freed yesterday, but not so much the cash.... hard to move your whole cash position to TradeHill... easier to wait until today's Mt Gox open).

Savvy investors will be buying up Bitcoins from the amateurs.  And some of you will sell your whole position at 15.  And when you see the price hit 17, and then 18, and the world didn't end, then you'll be buying back in at 18... And you'll drive the price up over 20.  Before it's all over, some amateurs will be out at 15 and back in at 25.  Sell low, buy high.  Good move!

Then again, what do I know!  Trust your instincts!  Others will appreciate it.


Why would you not have a poll option greater than 10?  Like "It will rise, not fall."
member
Activity: 89
Merit: 10
These polls are really dumb.
full member
Activity: 140
Merit: 100
Holy false choice fallacy, Batman!

I'm thinking of starting a poll as well:

How much do you like freedom?
1. Not very much.
2. Not at all. I hate freedom.
3. Really I don't like freedom one bit.

Whoa. All of you who voted hate freedom? Are you terrorists?
legendary
Activity: 1176
Merit: 1233
May Bitcoin be touched by his Noodly Appendage
It will rise to over 9000
member
Activity: 336
Merit: 10
what a junk poll... junk post, junk user unemployed
Someone here holds lots of bitcoins on mtgox  Grin
full member
Activity: 182
Merit: 101
It surely won't rise.

Why not?  Anyone who wanted to sell probably already took their coins out and sold them.  Money takes longer to transfer so anyone wanting to buy is more likely to still have funds at Mt. Gox.

I do predict we see much thinner markets and more volatility since people will be scared to keep any funds at Mt. Gox.
legendary
Activity: 1222
Merit: 1016
Live and Let Live
what a junk poll... junk post, junk user unemployed
member
Activity: 336
Merit: 10
It surely won't rise.
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