Author

Topic: Under 12 before Sunday. (Read 1511 times)

sr. member
Activity: 448
Merit: 250
August 17, 2012, 03:05:35 PM
#18
Scratch that it should be before Now lol
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
August 17, 2012, 03:02:09 PM
#17
Disagree. A move like that would mean the end of the rally since it would trigger several trend following trading rules to cash out.

Have I gone bull? IDK I'm not buying because I can't think straight, but I doubt we have seen the last of this bubble.

I was wrong.

This is it.
hero member
Activity: 868
Merit: 1000
August 17, 2012, 03:01:32 PM
#16
mtGox last says 11.87 now.

Seems like the prediction was correct. I didn't expect it to be this fast though.

Too late for any bets I am afraid..

Now, the question is, how far down will we go ? Some people have mentioned 9 as a floor.
sr. member
Activity: 336
Merit: 250
yung lean
August 17, 2012, 02:45:09 PM
#15
Pirate unsurprisingly throwing in the towel. Investors getting back (?) their BTC, and naturally wants to cash out not only interests, but also their original investment due to the recent sharp increase in price. People who just recently bought in will panic and sell as well. Market will be very volatile for the coming days.

Never attempted a prediction before, so let's just hope I'm wrong. Smiley

volatility is great for me. when day trading volatility is what you want
legendary
Activity: 2072
Merit: 1001
August 17, 2012, 02:43:41 PM
#14
give it time. it takes time for a crash to sink in.
wait until weds to buy back in if you sold.
legendary
Activity: 1904
Merit: 1002
August 17, 2012, 02:41:54 PM
#13
so wait... sold at 14.75... went to the toilet, restarted my pc... 5 minutes later we're at 13.5.

Obviously you should buy now at 12.9 and 14% more bitcoin.
hero member
Activity: 868
Merit: 1000
August 17, 2012, 02:39:06 PM
#12
so wait... sold at 14.75... went to the toilet, restarted my pc... 5 minutes later we're at 13.5.

that's how it goes when you take a dump!
legendary
Activity: 1288
Merit: 1227
Away on an extended break
August 17, 2012, 02:30:45 PM
#11
My time to buy!  Tongue
newbie
Activity: 9
Merit: 0
August 17, 2012, 02:29:57 PM
#10
so wait... sold at 14.75... went to the toilet, restarted my pc... 5 minutes later we're at 13.5.
BCB
vip
Activity: 1078
Merit: 1002
BCJ
August 17, 2012, 02:24:43 PM
#9
Can I put 10 BTC on that!
hero member
Activity: 868
Merit: 1000
August 17, 2012, 02:22:47 PM
#8
all you bears make this bet on http://betsofbitco.in/ so I can disagree and take your BTC :p

I'm not registered there, but we could do an outright bet here. If allowed ?

The statement I want to bet on is that Bitcoin will go below 12.0 before midnight (GMT Standard Time) Sunday 19th.

I will probably not make a huge bet, not much of a gambler these days. Wink

But if you quote me a bet price, I will consider to make a bet with you.
member
Activity: 98
Merit: 10
August 17, 2012, 02:20:10 PM
#7
+1. Price should get corrected earlier at ~$12 but can't because of the damn Gox bug.
We'll heading there now.

https://bitcointalksearch.org/topic/m.1088961

If you want to blame someone, blame Gox.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
August 17, 2012, 02:15:05 PM
#6
Disagree. A move like that would mean the end of the rally since it would trigger several trend following trading rules to cash out.

Have I gone bull? IDK I'm not buying because I can't think straight, but I doubt we have seen the last of this bubble.
hero member
Activity: 486
Merit: 500
August 17, 2012, 02:14:10 PM
#5
all you bears make this bet on http://betsofbitco.in/ so I can disagree and take your BTC :p
sr. member
Activity: 466
Merit: 250
August 17, 2012, 02:13:12 PM
#4
But everyone knows that the price will drop so why sell? Everyone keeps their coins and the price stays the same.

Some of us know that the price will stay the same so we are going to sell... but why sell if the price drops because people are selling Cheesy Speculations is guessing and there are three options right now: up, down or flat.
hero member
Activity: 630
Merit: 500
August 17, 2012, 02:13:09 PM
#3
The market usually does the opposite of big predictions like this, so hopefully more people keep predicting a crash due to the Pirate thing.  It's already been predicted in several other threads, so let's go!  Rally!..er, I mean, crash!
sr. member
Activity: 336
Merit: 250
August 17, 2012, 02:10:41 PM
#2
Agree
hero member
Activity: 868
Merit: 1000
August 17, 2012, 02:10:08 PM
#1
Pirate unsurprisingly throwing in the towel. Investors getting back (?) their BTC, and naturally wants to cash out not only interests, but also their original investment due to the recent sharp increase in price. People who just recently bought in will panic and sell as well. Market will be very volatile for the coming days.

Never attempted a prediction before, so let's just hope I'm wrong. Smiley
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