Below $2 is not happening, period.
I don't see how that can be discounted with ASIC mining coming online and the reward drop. I still think those are going to put major downward pressure on the price.
Topic: The bubble has popped, slow decline to $3 on the way - page 7. (Read 11236 times)
I don't see how that can be discounted with ASIC mining coming online and the reward drop. I still think those are going to put major downward pressure on the price.
This thread is beyond silly.
Below $2 is not happening, period. I don't see it getting as far as $5. The 50k BTC from BitPay will slow things down a bit, but only for a while.
I'm tempted to say it won't get below $6, unless BitPay does something drastic (which would be idiotic on their part). Buying directly from BitPay is an option, so we probably won't even see all 50k hit the exchanges.
Below $2 is not happening, period. I don't see it getting as far as $5. The 50k BTC from BitPay will slow things down a bit, but only for a while.
I'm tempted to say it won't get below $6, unless BitPay does something drastic (which would be idiotic on their part). Buying directly from BitPay is an option, so we probably won't even see all 50k hit the exchanges.
Id vote for the continuation of the uptrend. Better buy quickly, because the downward momentum is already fading.
Short term dip: agreed
Continuation of uptrend: agreed
Short term dip: agreed
Continuation of uptrend: agreed
I buy small amounts of bitcoins weekly so it evens out the cost (dollar cost averaging) . One thing Ive learnt is not to try and time the market. Time IN the market is more important and if youre just getting bitcoins to buy something it doesnt matter what the price is.
I'm not seeing it. We're probably in for another multi-month slump, at best.
That's fine ... those make for weekend dip opportunities. (Never did get a chance to buy back under $5 after the last weekend dip indicator showed green).
There is a possibility of a further correction because my theory is that the BFL orders are actually causing downward pressure. This is because it seems most early ASIC buyers are buying with Bitcoin savings and then we have Bitpay that is selling everything and even announcing that they are selling. On the long run this really doesn't mean anything but for the short term there is some downward pressure.
I'm not sure how much that downward pressure will matter though, there is an underlying upward momentum that should be resuming its course sooner rather than later.
I'm not sure how much that downward pressure will matter though, there is an underlying upward momentum that should be resuming its course sooner rather than later.
I'm not seeing it. We're probably in for another multi-month slump, at best.
There is a possibility of a further correction because my theory is that the BFL orders are actually causing downward pressure. This is because it seems most early ASIC buyers are buying with Bitcoin savings and then we have Bitpay that is selling everything and even announcing that they are selling. On the long run this really doesn't mean anything but for the short term there is some downward pressure.
I'm not sure how much that downward pressure will matter though, there is an underlying upward momentum that should be resuming its course sooner rather than later.
I'm not sure how much that downward pressure will matter though, there is an underlying upward momentum that should be resuming its course sooner rather than later.
mem put your money where your mouth is; I'll take YOUR BTC for 4.50USD
All the speculators realized that they were the only ones playing the game.
no higher than $5 dec 31st.
If you get scared, Im offering to buy out any large holders now at $4.50.
no higher than $5 dec 31st.
If you get scared, Im offering to buy out any large holders now at $4.50.
Oh course whisperers are back!
who said anything about holding it?
What do you imagine how people use a currency? They get paid in it, save it for a couple days, weeks, months or years and then spend it. Why would you immediately spend it?Maybe you mean using Bitcoins as a "payment mechnism" or "value transfer" for fiat money?
It really has nothign to do with what I mean of it. I was replying to the quoteed text, Which to me read very much like groups of people that would be using it to purchase things with. You generally would buy the bitcoins at or clsoe to the time you were making the purchase. Not weeks in advance. shrug.
And your last reply to me was still in disagreement with the quoted text jsut the same as my reply was. We just both had different preceptions of how the authoer of said text was refering to currency. he said dropping would be good. you said it would be bad. And I said it qoulnd't matter whether it was up or down.
who said anything about holding it?
What do you imagine how people use a currency? They get paid in it, save it for a couple days, weeks, months or years and then spend it. Why would you immediately spend it?Maybe you mean using Bitcoins as a "payment mechnism" or "value transfer" for fiat money?
For the groups that actually use bitcoin as a currency a drop to a flat $3 price would be extremely welcome.
I will create the bet shortly.
For anyone using it as a currency the price does not matter one damn bit. cent. ;p aside from any wild flucations...
For the groups that actually use bitcoin as a currency a drop to a flat $3 price would be extremely welcome.
I will create the bet shortly.
For anyone using it as a currency the price does not matter one damn bit. cent. ;p aside from any wild flucations...
For the groups that actually use bitcoin as a currency a drop to a flat $3 price would be extremely welcome.
I will create the bet shortly.
For anyone using it as a currency the price does not matter one damn bit. cent. ;p aside from any wild flucations...
You speak like that retard in your avatar. Are you related? (pun intended)
I fail to see the pun, but then again I'm just the retard uncle who banged yo mamma, but it's all cool, I got your back brother!
Golden cross anyone?
OH FFS!
So let me get this straight, OP thinks bubble is burst, and bitcoin is going to 3, but strangely OP is willing to buy at a predicted loss of 1.50 a coin out of the generosity of his ownheart ARSE!!!
Kid, I fucking eat cunts like you on the dead cat bounces! This ain't a bubble, it's just a gentle scratch of my balls first thing in the morning.
So let me get this straight, OP thinks bubble is burst, and bitcoin is going to 3, but strangely OP is willing to buy at a predicted loss of 1.50 a coin out of the generosity of his own
Kid, I fucking eat cunts like you on the dead cat bounces! This ain't a bubble, it's just a gentle scratch of my balls first thing in the morning.
You speak like that retard in your avatar. Are you related? (pun intended)
It's called jock itch - it's a fungal infection (tinea cruris) - you can buy an over the counter solution. Speak to your pharmacist.
But that would mean I'd lose my number one predictive trading indicator!
IF your going to buy or sell. Putting up your own ask/bids rather than selling/buying into existing trading positions is far more rewarding.
OH FFS!
So let me get this straight, OP thinks bubble is burst, and bitcoin is going to 3, but strangely OP is willing to buy at a predicted loss of 1.50 a coin out of the generosity of his ownheart ARSE!!!
Kid, I fucking eat cunts like you on the dead cat bounces! This ain't a bubble, it's just a gentle scratch of my balls first thing in the morning.
So let me get this straight, OP thinks bubble is burst, and bitcoin is going to 3, but strangely OP is willing to buy at a predicted loss of 1.50 a coin out of the generosity of his own
Kid, I fucking eat cunts like you on the dead cat bounces! This ain't a bubble, it's just a gentle scratch of my balls first thing in the morning.
It's called jock itch - it's a fungal infection (tinea cruris) - you can buy an over the counter solution. Speak to your pharmacist.
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