Topic: [POLL] What will be the top? (Read 2129 times)
Inb4 "Where are the 4 figures answers?"
Predicting spike values/timing is much harder than predicting fundamental pricing. Not even bothering . . .
I answered 300. I hope to sell at that price.
Now someone will dump at $299.
As the price goes up I will probably sell a few but I definitely want to keep some for long term in case Bitcoin does increase beyond our wildest dreams.
I answered 300. I hope to sell at that price.
Never consider the walls. The walls are a lie.
Huge wall on the ask? Someone's gonna be buyin'
Huge wall on the bid? Ship's going down, I ain't lyin'
Of course, there are exceptions, such as the time this happened and someone accidentally let every manipulator under the sun know they wanted to buy $1.7 million USD worth of BTC on September 11th, 2012 (Oh hai twins!), but other than that, obvious buy signals are pretty few and far between. The manipulators aren't the whales and the whales aren't the manipulators, obviously. If you want to put on a tinfoil hat on, too, one could say that maybe that bid wall was merely a signal for an "ownership transfer" of a Yubikey and MtGox account password with USD in it, as the seller of the Bitcoin wanted proof that the cash did indeed exist in the account. As to the legitimacy of the Bitcoin the seller owned and why it couldn't be sold via traditional means... well, but now I've become a conspiracy theorist, haven't I?
Betting by just holding my BTC is good enough for me. I am halfway kidding about it never dropping 33% ever again. A little part of me always thinks "maybe it will never go down from here!" For now Bitcoin will probably most likely remain a volatile ride.
I am halfway kidding about it never dropping 33% ever again. A little part of me always thinks "maybe it will never go down from here!" For now Bitcoin will probably most likely remain a volatile ride. There are going to be more spikes like those we've had. They might shrink over time as the market grows: the 2011 spike was ~90%, the 2012 was about 55% and 2013 was around 66%. This Winter I predict another spike that will be above $300 and crash down below $200 (say, 40%).
What if there is no 33% drop ever again?
LOL
I wouldn't bet on that
PS: if someone wants to bet on it, we can
I will however not put more than 1 BTC on it.
The problem is that betting against 'never' isn't possible with an escrow (without escrow I need to pay you my 1 BTC and you need to pay me f.e. 2 BTC when the drop happens; with escrow the 1 BTC would forever be locked in the escrow, so we need to put a maximum period on it. let's say f.e. 10 years. But what if the escrow provider dies? (likely in 10 years). So it's impracticle
)Betting by just holding my BTC is good enough for me.
I am halfway kidding about it never dropping 33% ever again. A little part of me always thinks "maybe it will never go down from here!" For now Bitcoin will probably most likely remain a volatile ride. 
What if there is no 33% drop ever again?
LOL
I wouldn't bet on that
PS: if someone wants to bet on it, we can
I will however not put more than 1 BTC on it.
The problem is that betting against 'never' isn't possible with an escrow (without escrow I need to pay you my 1 BTC and you need to pay me f.e. 2 BTC when the drop happens; with escrow the 1 BTC would forever be locked in the escrow, so we need to put a maximum period on it. let's say f.e. 10 years. But what if the escrow provider dies? (likely in 10 years). So it's impracticle
)http://bitbet.us/
What if there is no 33% drop ever again?
Then hell has frozen over.
What if there is no 33% drop ever again?
LOL
I wouldn't bet on that
PS: if someone wants to bet on it, we can
I will however not put more than 1 BTC on it.
The problem is that betting against 'never' isn't possible with an escrow (without escrow I need to pay you my 1 BTC and you need to pay me f.e. 2 BTC when the drop happens; with escrow the 1 BTC would forever be locked in the escrow, so we need to put a maximum period on it. let's say f.e. 10 years. But what if the escrow provider dies? (likely in 10 years). So it's impracticle
)
What if there is no 33% drop ever again?
95, IF we break 90 again. right now it doesn't seem like it, especially considering the walls.
Never consider the walls. The walls are a lie.
yes this. you saw how fast that fake $80 wall got pulled
Exactly. Walls serve to attract front runners. The buyer (who placed the ask wall) waits for enough volume below their wall to accumulate on the books. He then pulls his wall and buys all of the cheap bitcoins. Meanwhile, the panic buyers step in and scream OMG, $90 fell! Buyer sells a few to lock in some profits and then the game starts over once the market has settled.
You've got a point. It's just crazy watching someone with a lot of bankroll manipulating the market... but I guess that's why I also shy away from high stakes poker tables
It's just trading.... Manipulation implies they can control it. They can only exploit opportunities.
95, IF we break 90 again. right now it doesn't seem like it, especially considering the walls.
Never consider the walls. The walls are a lie.
yes this. you saw how fast that fake $80 wall got pulled
Exactly. Walls serve to attract front runners. The buyer (who placed the ask wall) waits for enough volume below their wall to accumulate on the books. He then pulls his wall and buys all of the cheap bitcoins. Meanwhile, the panic buyers step in and scream OMG, $90 fell! Buyer sells a few to lock in some profits and then the game starts over once the market has settled.
You've got a point. It's just crazy watching someone with a lot of bankroll manipulating the market... but I guess that's why I also shy away from high stakes poker tables
over 9k
do you people read the definition of "top" in this poll?
So you say it will go straight to 9000$ without ever dropping 33% in value?
over 9k
95, IF we break 90 again. right now it doesn't seem like it, especially considering the walls.
Never consider the walls. The walls are a lie.
yes this. you saw how fast that fake $80 wall got pulled
Exactly. Walls serve to attract front runners. The buyer (who placed the ask wall) waits for enough volume below their wall to accumulate on the books. He then pulls his wall and buys all of the cheap bitcoins. Meanwhile, the panic buyers step in and scream OMG, $90 fell! Buyer sells a few to lock in some profits and then the game starts over once the market has settled.
95, IF we break 90 again. right now it doesn't seem like it, especially considering the walls.
Never consider the walls. The walls are a lie.
yes this. you saw how fast that fake $80 wall got pulled
95, IF we break 90 again. right now it doesn't seem like it, especially considering the walls.
Never consider the walls. The walls are a lie.
So far it looks like $95 or $500+ 
If it's a round hill type top (moving average) we've seen the highest price already. If not it could go into the triple digits for a few minutes in a spiky top.
Anybody who isn't a ideological bull and tries to game the difference is crazy. (Ok they both are)
Anybody who isn't a ideological bull and tries to game the difference is crazy. (Ok they both are
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