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Topic: [poll] Price - page 2. (Read 3866 times)

sr. member
Activity: 330
Merit: 250
November 25, 2012, 08:14:08 PM
#29
Personally I'd like to see it hit $100 then we'll price things in centi-BTC cBTC, and GPU miners won't die then.
hero member
Activity: 931
Merit: 500
November 25, 2012, 06:39:22 PM
#28
When/if it reaches those highs again, 30$ will be cut like butter.
newbie
Activity: 28
Merit: 0
November 25, 2012, 05:02:49 PM
#27
My guess is it will reach a stable 30$ some time next year.
Either that or all the way to the moon  Grin
legendary
Activity: 1092
Merit: 1001
November 25, 2012, 04:59:16 PM
#26
Remember the wisdom of the crowd

Remember the bias of the unrepresentative sample.
420
hero member
Activity: 756
Merit: 500
November 25, 2012, 04:13:31 PM
#25
Not to the moon, just the stratosphere
donator
Activity: 2772
Merit: 1019
November 25, 2012, 04:13:21 PM
#24
there is major difference between sentiment and action few ppl seams to get that

The better question to ask would be at what price will you sell your bitcoins lol

I've never understood why people would phrase any question like that, unless it's that they see Bitcoin as a get-rich-quick scheme and have no long term confidence.

Otherwise, you NEVER sell your BTC "at a certain future price." You hold onto them until you need to spend them. Why would there be a certain price you sold everything out at and moved to an inferior holding?

There's no "price" that would make me sell. Only a superior (proven) system to invest in.

well, "price" doesn't have to be in Dollar. I would sell a Bitcoin when prices reaches "1 nice house", for example.
donator
Activity: 2772
Merit: 1019
November 25, 2012, 04:10:25 PM
#23
We are going to the moon guys. The poll results are amazing.

maybe people don't know the future, though.
donator
Activity: 2772
Merit: 1019
November 25, 2012, 04:09:53 PM
#22
i think halving day will be stable
But will December be stable?

especially end of december when remaining miners need dollars for power bills.
420
hero member
Activity: 756
Merit: 500
November 25, 2012, 02:07:40 PM
#21
Remember the wisdom of the crowd
full member
Activity: 238
Merit: 100
November 24, 2012, 08:57:04 PM
#20
there is major difference between sentiment and action few ppl seams to get that

The better question to ask would be at what price will you sell your bitcoins lol

I've never understood why people would phrase any question like that, unless it's that they see Bitcoin as a get-rich-quick scheme and have no long term confidence.

Otherwise, you NEVER sell your BTC "at a certain future price." You hold onto them until you need to spend them. Why would there be a certain price you sold everything out at and moved to an inferior holding?

There's no "price" that would make me sell. Only a superior (proven) system to invest in.

If at any point I feel bitcoins are overpriced, I would sell them. And then buy them back later. ... Like if we hit $100 today, I would sell them knowing I could probably buy them back at around $50 within a few days...
hero member
Activity: 868
Merit: 1002
November 24, 2012, 03:20:50 PM
#19
there is major difference between sentiment and action few ppl seams to get that

The better question to ask would be at what price will you sell your bitcoins lol

I've never understood why people would phrase any question like that, unless it's that they see Bitcoin as a get-rich-quick scheme and have no long term confidence.

Otherwise, you NEVER sell your BTC "at a certain future price." You hold onto them until you need to spend them. Why would there be a certain price you sold everything out at and moved to an inferior holding?

There's no "price" that would make me sell. Only a superior (proven) system to invest in.
legendary
Activity: 960
Merit: 1028
Spurn wild goose chases. Seek that which endures.
November 24, 2012, 02:18:34 PM
#18


What interesting times these are.
full member
Activity: 123
Merit: 100
November 24, 2012, 11:01:33 AM
#17
And if those people who usually mine the coin were not able to get enough coin after reward halving, they will buy coin instead of mine, this will also push the price up

What he said there.

To elaborate: If demand for BTC available for purchase remains the same but the supply available for sale drops by half (potentially more if any miners drop out due to the halving) then what happens to the price? Yes some people will stop purchasing as the price rises, at least for a little while, but others will not.

In my opinion the supply will drop enough that those selling will be able to ask for a greater price (and receive it). There are other factors but this goes back to the basic idea of supply and demand. If supply drops and demand remains, then the price will rise.

Thralen
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
November 24, 2012, 07:39:53 AM
#16
Daily coin generation has almost nothing to do with price, since most of the miners just hoard the coins. It is the rising popularity give the support for price

And if those people who usually mine the coin were not able to get enough coin after reward halving, they will buy coin instead of mine, this will also push the price up
legendary
Activity: 938
Merit: 1000
chaos is fun...…damental :)
November 24, 2012, 01:12:34 AM
#15
there is major difference between sentiment and action few ppl seams to get that

The better question to ask would be at what price will you sell your bitcoins lol
is almost the same point

one can be extremely bullish (to the moon) but the only thing one can do is sell so your sentiment is bullish but the action is bearish, the sell is based on fear and buy is based on greed and since fear of lose is a emotion 5 times stronger that greed bulls will take their profits and the sell will pushes the price slowly down, now if there is any risk event then the panic happen since ppl dont have a plan to enter exit a trade you get selloffs  and the notion of risk reward ratio is not existent for most ppl and this will fuel the selloff
hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
November 23, 2012, 10:39:57 PM
#14
there is major difference between sentiment and action few ppl seams to get that

The better question to ask would be at what price will you sell your bitcoins lol

Any level iff I'm confident enough I'll be able to buy back in at a lower price sooner rather than later.

Otherwise, we're talking minimum triple figures per BTC in bankster-paper terms, I'd say. Grin
full member
Activity: 238
Merit: 100
November 23, 2012, 10:32:48 PM
#13
there is major difference between sentiment and action few ppl seams to get that

The better question to ask would be at what price will you sell your bitcoins lol
legendary
Activity: 938
Merit: 1000
chaos is fun...…damental :)
November 23, 2012, 05:50:37 PM
#12
there is major difference between sentiment and action few ppl seams to get that
hero member
Activity: 931
Merit: 500
November 23, 2012, 05:47:46 PM
#11
Unless is one of those possible futures where...



Poll's results have always been a contrarian indicator.
full member
Activity: 238
Merit: 100
November 23, 2012, 05:21:18 PM
#10
We are going to the moon guys. The poll results are amazing.
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