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Topic: URGENT, Bitcoin is on the verge of collapse !!! - page 6. (Read 67950 times)

legendary
Activity: 2912
Merit: 1060
Bitcoin is stealing my car!
sr. member
Activity: 336
Merit: 260
570 usd
What you think today ?

It's very likely it will be stopped at $550 and then go back to $650.
If not that, then $400-450 should be the lowest under a pessimistic scenario.
sr. member
Activity: 434
Merit: 250
None of this shit was predicted and a lot of things just don't add up and aren't accurate enough to give them the prediction tag. Some of them are coincidences and most of them are misses. We shall just wait and see. My gamble is on us seeing 1000+ again before end of the year.

570 usd
What you think today ?

That he could still be right.
sr. member
Activity: 406
Merit: 250
None of this shit was predicted and a lot of things just don't add up and aren't accurate enough to give them the prediction tag. Some of them are coincidences and most of them are misses. We shall just wait and see. My gamble is on us seeing 1000+ again before end of the year.

570 usd
What you think today ?
sr. member
Activity: 322
Merit: 250
None of this shit was predicted and a lot of things just don't add up and aren't accurate enough to give them the prediction tag. Some of them are coincidences and most of them are misses. We shall just wait and see. My gamble is on us seeing 1000+ again before end of the year.
sr. member
Activity: 406
Merit: 250
Igor was so right price fall for 10% from February. Everyoen should sell BTC back then and buy icecream. Icecream is cheap in February. And sell all now to buy cheap BTC.

10% from February  Huh

View Screen Capture
sr. member
Activity: 406
Merit: 250
I think,  the willy bot is broken and no more any pump the bitcoin price,
Because the mining factor is 1.4 cent per Gh at 24h.

Mining company no more any interes to repair the willy bot.
hero member
Activity: 742
Merit: 526
Why do you think the price should be bouncing between $550-$650 for a few more months, are there any rational expectations based on facts? And what will happen after that time period is over?

For another 2 months to be exact. Well, economic activity in general starts picking up somewhere at the end of September - beginning of October, summer is usually slow, investors are on vacations, etc. Bitcoin past trading patterns also suggest that the next two months should be sideways movement at best.

Okay, let's just patiently wait until the exchange rate strikes $550 and then go buying!
sr. member
Activity: 336
Merit: 260
Let's say that premise is true: What are they supposed to do? If you operate a big mining farm, you have to make sure to keep afloat. You have to set aside a certain amount of FIAT to pay your electricity bills! You can only postpone selling your mined coins for so long!

Nobody blames miners, just stating facts and trying to foresee future price action.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
Why do you think the price should be bouncing between $550-$650 for a few more months, are there any rational expectations based on facts? And what will happen after that time period is over?

For another 2 months to be exact. Well, economic activity in general starts picking up somewhere at the end of September - beginning of October, summer is usually slow, investors are on vacations, etc. Bitcoin past trading patterns also suggest that the next two months should be sideways movement at best.

yes, buyers are on vacation and miners keep dumping.

Let's say that premise is true: What are they supposed to do? If you operate a big mining farm, you have to make sure to keep afloat. You have to set aside a certain amount of FIAT to pay your electricity bills! You can only postpone selling your mined coins for so long!
sr. member
Activity: 392
Merit: 250
Why do you think the price should be bouncing between $550-$650 for a few more months, are there any rational expectations based on facts? And what will happen after that time period is over?

For another 2 months to be exact. Well, economic activity in general starts picking up somewhere at the end of September - beginning of October, summer is usually slow, investors are on vacations, etc. Bitcoin past trading patterns also suggest that the next two months should be sideways movement at best.

yes, buyers are on vacation and miners keep dumping.
sr. member
Activity: 336
Merit: 260
Why do you think the price should be bouncing between $550-$650 for a few more months, are there any rational expectations based on facts? And what will happen after that time period is over?

For another 2 months to be exact. Well, economic activity in general starts picking up somewhere at the end of September - beginning of October, summer is usually slow, investors are on vacations, etc. Bitcoin past trading patterns also suggest that the next two months should be sideways movement at best.
full member
Activity: 168
Merit: 100
Bling Bling
Woah, just got out of my leopard-styled bed to enjoy some nice coffee and saw the Bitcoin price an hour ago! Yeah this is crazy, but it isn't the collapse of Bitcoin!!!! Remain strong, fellow soon-to-be millionaires!
legendary
Activity: 2730
Merit: 1288
Igor was so right price fall for 10% from February. Everyoen should sell BTC back then and buy icecream. Icecream is cheap in February. And sell all now to buy cheap BTC.
hero member
Activity: 742
Merit: 526
The price should be bouncing between $550-$650 for another couple of months and then, under an optimistic scenario, price can begin its gradual rise to $1000-1200 by next summer (8-10 months long bullish trend, 6-7% average compounded monthly growth). 2015 should be interesting in terms of bank bail-ins starting to happen more and more across the developed nations, that can provide additional buy support and take the price of Bitcoin to its ATH set at the end of 2013.

The odds for this optimistic scenario is more than 50%.

Why do you think the price should be bouncing between $550-$650 for a few more months, are there any rational expectations based on facts? And what will happen after that time period is over?
sr. member
Activity: 336
Merit: 260
The price should be bouncing between $550-$650 for another couple of months and then, under an optimistic scenario, price can begin its gradual rise to $1000-1200 by next summer (8-10 months long bullish trend, 6-7% average compounded monthly growth). 2015 should be interesting in terms of bank bail-ins starting to happen more and more across the developed nations, that can provide additional buy support and take the price of Bitcoin to its ATH set at the end of 2013.

The odds for this optimistic scenario is more than 50%.
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
One man's crash is another man's buying opportunity.

Actualy, the way i see thins is that bitcoin tryed to recover 3-4 times allready, and failed everytime.
There was no buy support, and im expecting to see much more dumps in the following 1-3 months.
Its the same everytime..
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
The crashes actually do get less and less severe! Months ago we saw dives down of about $100 a crash. Incredibly stable. I guess people are hesitant to jump on the sell-wagon!
This is what happens now and then, welcome to bitcoin Wink

Yeah... Well, I personally am not puzzled at all, it's actually one of the more minor crashes I've experiences. Although it comes at a somewhat questionable time. Or is it the starting point for the new bubble? Cheesy
legendary
Activity: 2646
Merit: 1137
All paid signature campaigns should be banned.
One man's crash is another man's buying opportunity.
hero member
Activity: 644
Merit: 500
The crashes actually do get less and less severe! Months ago we saw dives down of about $100 a crash. Incredibly stable. I guess people are hesitant to jump on the sell-wagon!
This is what happens now and then, welcome to bitcoin Wink
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