Pages:
Author

Topic: Time is Running Out for Mark Williams Prediction of a $10 Bitcoin (Read 5738 times)

legendary
Activity: 1061
Merit: 1001
he's not active on twitter, unsurprisingly
https://twitter.com/UncontrolRisk
member
Activity: 145
Merit: 10
its okay, he's extended his deadline to infinity so he pretty much cant be wrong.
hero member
Activity: 644
Merit: 500
yeah we passed half year mark and bitcoin still >$600
far above $10 like he predicted before Grin
it seems nobody will read his prediction anymore in the future Smiley
legendary
Activity: 2996
Merit: 1136
Leading Crypto Sports Betting & Casino Platform
We get it (and he gets it). The guy is going to be proven wrong. Let's stop beating this dead horse, or risk making ourselves look like spiteful asses. If you care enough about him and feel like you must act, here's a suggestion. Tip him, make a donation in his name to Sean's Outpost, or do something that might welcome him into the community. Do something positive for a change.

Yeah, right after he honestly and rightfully admits to all his motivations and agendas .... like that he's a paid shill for the bankers ...

That and the fact that he probably holds some Bitcoins himself.
Anyways guess this thread won't go away till he admits it or will be brought up years from now all over again but I do believe he does have an agenda.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
We get it (and he gets it). The guy is going to be proven wrong. Let's stop beating this dead horse, or risk making ourselves look like spiteful asses. If you care enough about him and feel like you must act, here's a suggestion. Tip him, make a donation in his name to Sean's Outpost, or do something that might welcome him into the community. Do something positive for a change.

Yeah, right after he honestly and rightfully admits to all his motivations and agendas .... like that he's a paid shill for the bankers ...
newbie
Activity: 50
Merit: 0
We get it (and he gets it). The guy is going to be proven wrong. Let's stop beating this dead horse, or risk making ourselves look like spiteful asses. If you care enough about him and feel like you must act, here's a suggestion. Tip him, make a donation in his name to Sean's Outpost, or do something that might welcome him into the community. Do something positive for a change.
GTA
member
Activity: 90
Merit: 10
Consider this: if BTC legitimately appreciated to $10 point while still being held by very few people, then why can't the same process legitimately bring it to $100 or $1000? Mark Williams did not answer these questions. He just said that Bitcoin is stupid and thus overpriced. But he didn't explain why any other price is "correct".
GTA
member
Activity: 90
Merit: 10
The problem with his prediction is not that "BTC will suddenly go ridiculously down", but with not explaining why it should go to $10 and not to $20 or $1.
sr. member
Activity: 353
Merit: 250
One big mouth, no substance.
That's all.
legendary
Activity: 2996
Merit: 1136
Leading Crypto Sports Betting & Casino Platform
I really hope Mr. Bitcorn will come to our site in the next few days...

___________$10 Bitcoin by June 30th, 2014
Options: Yes | No

No one took that bet ha-ha
Not even Mark Williams would put his money into that and yep only off by over 600 dollars
Think it was 650 - 10 - 640 dollars off
sr. member
Activity: 382
Merit: 311
He's was close. Only $600 or so off.
full member
Activity: 221
Merit: 100
I think bitcoin will not go down to 10$ in the next year or two.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
Has he demonstrated in any interview or article that he fully understands bitcoin? I remember for me when I first started trying to understand bitcoin I was very skeptical, but once I really understood the blockchain and how the public ledger works, that was kind of my "lightbulb" moment where I thought bitcoin could have a big future.

i think he's demonstrated that he DOESN'T understand it.
sr. member
Activity: 372
Merit: 250
Real Bets. Real People. By Anyone, on anything
I really hope Mr. Bitcorn will come to our site in the next few days...

___________$10 Bitcoin by June 30th, 2014
Options: Yes | No
member
Activity: 64
Merit: 10
Has he demonstrated in any interview or article that he fully understands bitcoin? I remember for me when I first started trying to understand bitcoin I was very skeptical, but once I really understood the blockchain and how the public ledger works, that was kind of my "lightbulb" moment where I thought bitcoin could have a big future.
hero member
Activity: 560
Merit: 500
★777Coin.com★ Fun BTC Casino!
dont be too hard on Mark, he was only off by a few powers of ten :-)
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
And if u dump them all on lets say bitstamp it will only crash that exchange. 

Incorrect.  It will crash all exchanges due to arbitrage.
legendary
Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
The only chance of Bitcoin dropping to $10 is if an early investor tosses 2-4 million coins on the market all at once.
I think a dump of 100,000 bitcoin on bitstamp would bring the price to $10. However whoever did that would be throwing away 80% of their wealth for no reason, the price would again recover very quickly.

100k bitcoins alone cant do a shit. Someone doing that after some bad news, could maybe pull price till 100 USD for a day. But reality is, that BitCoin will just get tons of good news.

Yap 100k might drop price a bit but no way anybody would sell that low so price cant go down to much. And if u dump them all on lets say bitstamp it will only crash that exchange.
It will take much much more to crash bitcoin than 100k coins.
legendary
Activity: 2744
Merit: 1288
The only chance of Bitcoin dropping to $10 is if an early investor tosses 2-4 million coins on the market all at once.
I think a dump of 100,000 bitcoin on bitstamp would bring the price to $10. However whoever did that would be throwing away 80% of their wealth for no reason, the price would again recover very quickly.

100k bitcoins alone cant do a shit. Someone doing that after some bad news, could maybe pull price till 100 USD for a day. But reality is, that BitCoin will just get tons of good news.
legendary
Activity: 1960
Merit: 1005
The only chance of Bitcoin dropping to $10 is if an early investor tosses 2-4 million coins on the market all at once.

Which is not very impossible. Not saying about the price drop, but there is a lot of cois forgotten by some people in the past. For example a friend of mine was having about 10 000 BTC in his old computer which now is on the trash and only god knows if someone in the future will find it and eventually looks into its HDD knowing that machine is from the early 21 century when BTC was invented.
BR
Gondel
Pages:
Jump to: