Topic: Price Chart: April 9th = $200, April 15th = $300 - page 6. (Read 10143 times)
lol wtf you literally just shat all over that chart
Jesus... I thought more people would be ripping this apart. Guess all the bears are off sulking somewhere after selling off all there BTC. lol!
Why do people draw straight lines on linear charts? I'd expect any real trends to be more relative (and thus, logarithmic).
Lol! +1 ....Good point my friend!.... I will do that on my prediction for the second half of April after we hit $300!Of course the fundamental theorem of calculus or the area under a curve really only boils down to a bunch of straight lines and boxes.
I am bullish BTC, but this media driven speculation + hoarding is not helping BTCs long-term prospects IMO. I personally don't believe it can exist as a purely speculative asset. I would much rather see a gradual rise. There is too much risk in buying into a parabola.
If you care about BTC, you really don't want it to go to $300 by April 15th......
If you care about BTC, you really don't want it to go to $300 by April 15th......
If you think the price rises too fast at any moment, you should sell your BTC and get back in after it has corrected. That is the idea of a market where price = opinion of thousand/millions of people. The speculators that are best at estimating the correct price will gain the most and the market gains because it resembles a better price.
In other words, put your money where your mouth is. If BTC goes to $300 by April 15th, I would sell, wait and buy back later.
I think that would be a no-brainer.
I am bullish BTC, but this media driven speculation + hoarding is not helping BTCs long-term prospects IMO. I personally don't believe it can exist as a purely speculative asset. I would much rather see a gradual rise. There is too much risk in buying into a parabola.
If you care about BTC, you really don't want it to go to $300 by April 15th......
If you care about BTC, you really don't want it to go to $300 by April 15th......
If you think the price rises too fast at any moment, you should sell your BTC and get back in after it has corrected. That is the idea of a market where price = opinion of thousand/millions of people. The speculators that are best at estimating the correct price will gain the most and the market gains because it resembles a more correct price.
In other words, put your money where your mouth is. If BTC goes to $300 by April 15th, I would sell, wait and buy back later. Or maybe not
I assumed this chart was part of the joke....
Why do people draw straight lines on linear charts? I'd expect any real trends to be more relative (and thus, logarithmic).
I am with BitcoinTate: "bitcoin" is now the most searched term in Google Israel, MtGox+CoinLab, Bitcoin ATMs, news everywhere (including from Mastercard)..
You hear that, Mastercard? That is the sound of inevitability.
I'm not even sure what this blogger at Mastercard has to do with anything other than someone blogging about a topic that's been in the news (unless I missed something, please enlighten me).
I am bullish BTC, but this media driven speculation + hoarding is not helping BTCs long-term prospects IMO. I personally don't believe it can exist as a purely speculative asset. I would much rather see a gradual rise. There is too much risk in buying into a parabola.
If you care about BTC, you really don't want it to go to $300 by April 15th......
I am with BitcoinTate: "bitcoin" is now the most searched term in Google Israel, MtGox+CoinLab, Bitcoin ATMs, news everywhere (including from Mastercard)..
You hear that, Mastercard? That is the sound of inevitability.
I am with BitcoinTate: "bitcoin" is now the most searched term in Google Israel, MtGox+CoinLab, Bitcoin ATMs, news everywhere (including from Mastercard)..
I only hopes this is not growing "too fast".
I only hopes this is not growing "too fast".
I could see someone with a lot of money dumping 10 million in purely for egotistical reasons. Just to mess with Bitcoin.
I'm sorry you're having those delusions. Wealthy people are often much more frugal and/or careful than the average person, especially when it comes to their investments. How long would someone stay wealthy if they threw money around at every little deal that popped on their radar screen simply for the sake of ego??
Sure, it's possible we could go up higher than $300 one day......but not by April 15th.
Increased use of bitcoin for its utility is what will ultimately bring us higher in meaningful way. I wouldn't waste time hoping for some sort of dimwitted, wealthy savior to bring BTC up to $1000.
I could see someone with a lot of money dumping 10 million in purely for egotistical reasons. Just to mess with Bitcoin.
I said in various posts three or four weeks ago that this could easily go up to three digits (although I was cautious), so I don't think it was that far fetched.
The problem here is that you are assuming those account holders will be indiscriminately buying bitcoins at market price. Doubtful.
I'd like to know more about these accounts. Is 57000 the number of bonafide, funded accounts? Or does it include people that have simply signed up out of curiosity? I know several people that signed up at Mt. Gox but never funded their accounts.
The problem here is that you are assuming those account holders will be indiscriminately buying bitcoins at market price. Doubtful.
I'd like to know more about these accounts. Is 57000 the number of bonafide, funded accounts? Or does it include people that have simply signed up out of curiosity? I know several people that signed up at Mt. Gox but never funded their accounts.
This little piggy stayed at home,
This little piggy had roast beef,
This little piggy had none.
And this ^ little piggy went...
"Wee wee wee" all the way home...
because he sold his bitcoins < $35, $50, $75, $100, $125
Why does everyone think that wealthy investors are idiotic enough to single handedly drive the price up 10x? Why would anyone do that in a relatively illiquid market (at those quantities/levels)?
I said in various posts three or four weeks ago that this could easily go up to three digits (although I was cautious), so I don't think it was that far fetched.
The problem here is that you are assuming those account holders will be indiscriminately buying bitcoins at market price. Doubtful.
I'd like to know more about these accounts. Is 57000 the number of bonafide, funded accounts? Or does it include people that have simply signed up out of curiosity? I know several people that signed up at Mt. Gox but never funded their accounts.
The problem here is that you are assuming those account holders will be indiscriminately buying bitcoins at market price. Doubtful.
I'd like to know more about these accounts. Is 57000 the number of bonafide, funded accounts? Or does it include people that have simply signed up out of curiosity? I know several people that signed up at Mt. Gox but never funded their accounts.
Good point. But it only takes 1 person to dump 10 million in
True, point taken.
I've debated several people on other threads who think that hedge funds will magically drive the price of bitcoin up by multiples.....but one has to assume that anyone injecting a large sum (fund manager or private individual) is probably smart enough to realize the incredible risk involved in single handedly driving the price up to astronomical levels. BTC is not liquid enough for big movers.
The best all of these speculators can hope for is having masses of little people nibble at the market to keep the price up. This sea is too shallow for whales.
I said in various posts three or four weeks ago that this could easily go up to three digits (although I was cautious), so I don't think it was that far fetched.
The problem here is that you are assuming those account holders will be indiscriminately buying bitcoins at market price. Doubtful.
I'd like to know more about these accounts. Is 57000 the number of bonafide, funded accounts? Or does it include people that have simply signed up out of curiosity? I know several people that signed up at Mt. Gox but never funded their accounts.
The problem here is that you are assuming those account holders will be indiscriminately buying bitcoins at market price. Doubtful.
I'd like to know more about these accounts. Is 57000 the number of bonafide, funded accounts? Or does it include people that have simply signed up out of curiosity? I know several people that signed up at Mt. Gox but never funded their accounts.
Good point. But it only takes 1 person to dump 10 million in
I see 1 account atm is putting up $1M ask walls at MtGox.
One single moderately wealthy person could take the price to 1000 or drop it to almost nothing. If they moved all in or out of the market.
I said in various posts three or four weeks ago that this could easily go up to three digits (although I was cautious), so I don't think it was that far fetched.
The problem here is that you are assuming those account holders will be indiscriminately buying bitcoins at market price. Doubtful.
I'd like to know more about these accounts. Is 57000 the number of bonafide, funded accounts? Or does it include people that have simply signed up out of curiosity? I know several people that signed up at Mt. Gox but never funded their accounts.
The problem here is that you are assuming those account holders will be indiscriminately buying bitcoins at market price. Doubtful.
I'd like to know more about these accounts. Is 57000 the number of bonafide, funded accounts? Or does it include people that have simply signed up out of curiosity? I know several people that signed up at Mt. Gox but never funded their accounts.
Good point. But it only takes 1 person to dump 10 million in
I said in various posts three or four weeks ago that this could easily go up to three digits (although I was cautious), so I don't think it was that far fetched.
The problem here is that you are assuming those account holders will be indiscriminately buying bitcoins at market price. Doubtful.
I'd like to know more about these accounts. Is 57000 the number of bonafide, funded accounts? Or does it include people that have simply signed up out of curiosity? I know several people that signed up at Mt. Gox but never funded their accounts.
The problem here is that you are assuming those account holders will be indiscriminately buying bitcoins at market price. Doubtful.
I'd like to know more about these accounts. Is 57000 the number of bonafide, funded accounts? Or does it include people that have simply signed up out of curiosity? I know several people that signed up at Mt. Gox but never funded their accounts.
I can't tell if this is a joke......but no, $200 and $300 are not happening by their respective dates.
Three weeks ago people would have said $147 was a joke.second that. 300usd @ 15 april is realistic
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