Author

Topic: Speculation Bet: Bitcoin will NOT hit $400 (non-gox price) by 12-31-14 (Read 1901 times)

legendary
Activity: 1512
Merit: 1000
If it hits $400 or lower on stamp/BTC-e on or before 12-31-14 I will pay you. If not I will be paid 01-01-15.
We will do escrow.
Willing to bet 1-100 BTC on this.

PS: If you are taking me up on this bet you are stupid and making a very big mistake  Grin.

People, please stop proposing bets. This is bitcoin, it can go both up and down a lot.
But I'm really curious to know if that huge dump to 102$ on BTC-E was a fluke (mistake?) or the dumper(s) knew something.

My guess?  Impulse (Panic) selling.  You want to clear out your holdings at the top, so you sell all your BTC at price 1$ and cross your fingers that you were one of the first to do so.  

If enough people sell to 1$ instead of limiting the loss at say, $500, this is what you get.

Some people are going to be very sad today.
legendary
Activity: 2170
Merit: 1094
If it hits $400 or lower on stamp/BTC-e on or before 12-31-14 I will pay you. If not I will be paid 01-01-15.
We will do escrow.
Willing to bet 1-100 BTC on this.

PS: If you are taking me up on this bet you are stupid and making a very big mistake  Grin.

People, please stop proposing bets. This is bitcoin, it can go both up and down a lot.
But I'm really curious to know if that huge dump to 102$ on BTC-E was a fluke (mistake?) or the dumper(s) knew something.
newbie
Activity: 3
Merit: 0
Did anyone take this bet?
legendary
Activity: 1137
Merit: 1001

I get the angle shoot  Grin
hero member
Activity: 681
Merit: 507
give some good odds Tongue
legendary
Activity: 1246
Merit: 1000
Perhaps bears can do math.  

Judging from the 4hour chart of Bitstamp, we will not see even $850 again this year... Smiley

Now that's a bet I'd like to take you up on. Grin
sr. member
Activity: 407
Merit: 250
Perhaps bears can do math.   

Judging from the 4hour chart of Bitstamp, we will not see even $850 again this year... Smiley
legendary
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
Perhaps bears can do math.   
legendary
Activity: 2156
Merit: 1070
If it hits $400 or lower on stamp/BTC-e on or before 12-31-14 I will pay you. If not I will be paid 01-01-15.
We will do escrow.
Willing to bet 1-100 BTC on this.

PS: If you are taking me up on this bet you are stupid and making a very big mistake  Grin.

Based on the comments and threads on this forum, you should be getting 50+ takers for this bet. Surprised our resident doomsayers have not shown up to rid you of your easy money. Wink
full member
Activity: 133
Merit: 100
I agree that it isn't very likely to happen... but I think a June/July 2013 type crash is still a possibility. If we scale the numbers for that, we might very well see bitstamp prices in the 300s very briefly. However, I don't think this scenario is very likely to happen, so definitely no bet from me Tongue Anyway, I prefer to trade this instead of betting on it...

sr. member
Activity: 465
Merit: 254
If it hits $400 or lower on stamp/BTC-e on or before 12-31-14 I will pay you. If not I will be paid 01-01-15.
We will do escrow.
Willing to bet 1-100 BTC on this.

PS: If you are taking me up on this bet you are stupid and making a very big mistake  Grin.
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