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Topic: Tomorrow is Thursday... (Read 2755 times)

hero member
Activity: 518
Merit: 500
June 25, 2014, 11:16:23 AM
#4
Non-disclosure might actually be beneficial for the prevailing buyer.

Step 1: Buy 30,000 coins for $550/coin

Step 2: Lie. Inform the public you paid $675 in a "leak".

Step 3: Watch price rally $125 over what you paid.

Step 4: Get sushi and sodomize a $1000/hour hooker.

But that's me. Your choice might vary from mine.

lol
legendary
Activity: 1176
Merit: 1010
Borsche
June 25, 2014, 10:48:35 AM
#3
This is how it's going to go down.

Today we are going down to around $520. Tomorrow, Friday the day of the auction, price will hit $480, and thusly the SR coins will be sold at around that price. BTC price will head south over the weekend, due to the low price during the auction, and test support at around $460.
Coming Monday, we will slowly start to recover.

Yes, I am from the future past.

Somebody buyin 30000 coins can spend 2-3 thousand coins to move the price down before the auction to eliminate competition. But I doubt it could push the price to 460, sorry futureman. I think 550 is it.
sr. member
Activity: 448
Merit: 250
June 25, 2014, 10:07:43 AM
#2
This is how it's going to go down.

Today we are going down to around $520. Tomorrow, Friday the day of the auction, price will hit $480, and thusly the SR coins will be sold at around that price. BTC price will head south over the weekend, due to the low price during the auction, and test support at around $460.
Coming Monday, we will slowly start to recover.

Yes, I am from the future past.
hero member
Activity: 518
Merit: 500
June 25, 2014, 09:35:08 AM
#1
Usually Thursday, going into Friday has some noticeable volatility. Yesterday it went down slightly and is continuing today.

What do you guys think tomorrow, going into Friday has in store for us? (Especially since the coins are to be auction of Friday - Yes, they might not announce winners and they might pay in early to mid July since its a big order and this might not trickle (completely) into the price until after this is all over)

My prediction is that tomorrow stay around this price (maybe sub 560 to sub 580) and then Friday might either have a dip (up or down) -sub 570 if downtrend or sub 600 (or a little over 600) (if uptrend)

Thoughts appreciated.
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