We will break 32 by Friday | Bitcointalksearch.org

alexeft

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Quote from: cr1776 on February 19, 2014, 10:33:53 AM

This is another favorite from an old thread, "Near dollar parity on MtGox" (https://bitcointalk.org/index.php?topic=3073.20 ):

Quote from: Ricochet on February 01, 2011, 05:56:08 PM

I'm getting a bit scared actually. While I'm happy to see my initial investment from a month ago increase so much in value, I can't help but think that this is a bubble, given just how quickly it's more than doubled in price. Ah well, in the end I suppose I didn't buy them as a get-rich-quick scheme so it's not really all that important. Just would be a shame to have to say "I should have sold when they were worth something."

A bit over three years ago the fear was it wouldn't reach (or stay above) $1. Every few months it is the same thing. "It is a bubble" etc. ;-)

LOL!!!!

cr1776

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This is another favorite from an old thread, "Near dollar parity on MtGox" (https://bitcointalk.org/index.php?topic=3073.20 ):

Quote from: Ricochet on February 01, 2011, 05:56:08 PM

I'm getting a bit scared actually. While I'm happy to see my initial investment from a month ago increase so much in value, I can't help but think that this is a bubble, given just how quickly it's more than doubled in price. Ah well, in the end I suppose I didn't buy them as a get-rich-quick scheme so it's not really all that important. Just would be a shame to have to say "I should have sold when they were worth something."

A bit over three years ago the fear was it wouldn't reach (or stay above) $1. Every few months it is the same thing. "It is a bubble" etc. ;-)

600watt

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nice one. what a strange ponzi scheme Wink

Tirapon

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Quote from: JimboToronto on February 19, 2014, 09:38:33 AM

Quote from: Tirapon on February 19, 2014, 08:50:26 AM

everyone was speculating as to whether we would break the 2011 ATH of $32. Since then we have had a crash from $260 to $50, followed by a recovery and then another rally once the $260 ATH was broken. Then we crashed from $1200 to $380, and now we are speculating as to whether we will return to the $1200 ATH. Any guesses as to what happens next?

Same old thing. A period of consolidation below the mean followed by another parabolic rise. Each rally's low being slightly less than twice the previous rally's high. Each final capitulation price being somewhat higher than the flash crash low, or about twice the previous rally's high.

It should continue in roughly this manner until adoption levels off and the s-curve finishes its vertical phase.

Hope you've reloaded, countdown until next launch T-10 days and counting....

seldon

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Quote from: flaab on February 20, 2013, 12:13:11 PM

OMG! Go to the bank and get a mortgate to buy bitcoins! I will gladly sell them to you Wink

In hindsight a nice offer

JimboToronto

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Quote from: Tirapon on February 19, 2014, 08:50:26 AM

everyone was speculating as to whether we would break the 2011 ATH of $32. Since then we have had a crash from $260 to $50, followed by a recovery and then another rally once the $260 ATH was broken. Then we crashed from $1200 to $380, and now we are speculating as to whether we will return to the $1200 ATH. Any guesses as to what happens next?

Same old thing. A period of consolidation below the mean followed by another parabolic rise. Each rally's low being slightly less than twice the previous rally's high. Each final capitulation price being somewhat higher than the flash crash low, or about twice the previous rally's high.

It should continue in roughly this manner until adoption levels off and the s-curve finishes its vertical phase.

Tirapon

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Quote from: abacus on February 19, 2014, 06:12:41 AM

Quote from: Tirapon on February 19, 2014, 05:21:18 AM

Quote from: Tirapon on February 19, 2013, 03:32:52 PM

Looks like you might be right about breaking 32 by Friday... I have a question - What do people think will happen when price hits the all time high? Are people expecting a pull back (if lots of people hit their target and sell, or sell expecting others to do the same). Or if it breaks the $32 mark and continues to rise, will we see a big rally as people panic buy, not wanting to miss the boat?

Just fishing for opinions here...

1 year later...

It took me a while to notice that OP was on 17 February 2013 and not 2014.

\me "What the hell are they talking about?" Huh

Just thought I'd dig this one up from last year - I was relatively new to Bitcoin back then, and everyone was speculating as to whether we would break the 2011 ATH of $32. Since then we have had a crash from $260 to $50, followed by a recovery and then another rally once the $260 ATH was broken. Then we crashed from $1200 to $380, and now we are speculating as to whether we will return to the $1200 ATH. Any guesses as to what happens next?

abacus

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a clockwork miner

Quote from: Tirapon on February 19, 2014, 05:21:18 AM

Quote from: Tirapon on February 19, 2013, 03:32:52 PM

Looks like you might be right about breaking 32 by Friday... I have a question - What do people think will happen when price hits the all time high? Are people expecting a pull back (if lots of people hit their target and sell, or sell expecting others to do the same). Or if it breaks the $32 mark and continues to rise, will we see a big rally as people panic buy, not wanting to miss the boat?

Just fishing for opinions here...

1 year later...

It took me a while to notice that OP was on 17 February 2013 and not 2014.

\me "What the hell are they talking about?" Huh

Tirapon

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Quote from: Tirapon on February 19, 2013, 03:32:52 PM

Looks like you might be right about breaking 32 by Friday... I have a question - What do people think will happen when price hits the all time high? Are people expecting a pull back (if lots of people hit their target and sell, or sell expecting others to do the same). Or if it breaks the $32 mark and continues to rise, will we see a big rally as people panic buy, not wanting to miss the boat?

Just fishing for opinions here...

1 year later...

lebing

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Quote from: urwhatuknow on February 20, 2013, 08:40:00 AM

Quote from: lebing on February 17, 2013, 12:46:19 PM

If there are enough bears that disagree with me, I'll make a bet.

how much are you ready to bet? I'll take up to 10 BTC we wont make it for this friday 23.59.59 GMT.
Let me know if interested.

P.S.) Your acceptance must come before the price hits 30, no betting when the ball hits the number is allowed ;-)

Gotta bump this thread earlier! Looks like you probably would win... but it will be close Grin

twolifeinexile

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Quote from: lebing on February 17, 2013, 12:46:19 PM

If there are enough bears that disagree with me, I'll make a bet.

By buying and not selling you are already making that bet, now you went a bet again, that is so leveraged! Wink

Gabi

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Quote from: Luno on February 17, 2013, 04:32:18 PM

We need to break it on a weekday, so it hits media hard.

"A currency that recoveres from a 98% crash with ten times the market cap. No backing by millionaire or government was ever needed"

Epic

flaab

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OMG! Go to the bank and get a mortgate to buy bitcoins! I will gladly sell them to you Wink

urwhatuknow

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Quote from: lebing on February 17, 2013, 12:46:19 PM

If there are enough bears that disagree with me, I'll make a bet.

how much are you ready to bet? I'll take up to 10 BTC we wont make it for this friday 23.59.59 GMT.
Let me know if interested.

P.S.) Your acceptance must come before the price hits 30, no betting when the ball hits the number is allowed ;-)

vdragon

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Seems that 32 might happen, MEGA gave a nice push

Zangelbert Bingledack

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The price looks like it's gunning ravenously for $30. Can't contain itself.

RodeoX

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Quote from: Tirapon on February 19, 2013, 03:32:52 PM

Looks like you might be right about breaking 32 by Friday... I have a question - What do people think will happen when price hits the all time high? Are people expecting a pull back (if lots of people hit their target and sell, or sell expecting others to do the same). Or if it breaks the $32 mark and continues to rise, will we see a big rally as people panic buy, not wanting to miss the boat?

Just fishing for opinions here...

For me, breaking the all time high is a buy signal. My guess is that when we break $32 we will rocket up to $35. After that the sky is the limit.

Zangelbert Bingledack

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Seems like either there will be some consolidation under $32 for a while, or else just blast through it and - if news about it adds gasoline to the fire - we could be up fiddling with $40+ or who knows.

lebing

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Quote from: Tirapon on February 19, 2013, 03:32:52 PM

Looks like you might be right about breaking 32 by Friday... I have a question - What do people think will happen when price hits the all time high? Are people expecting a pull back (if lots of people hit their target and sell, or sell expecting others to do the same). Or if it breaks the $32 mark and continues to rise, will we see a big rally as people panic buy, not wanting to miss the boat?

Just fishing for opinions here...

32 is just a resistance point. There will be some fight put up, but from the looks of it, much less than the resistance being put up at 30. If we get over 30 today/ tomorrow, I expect 32 to fall within 24 hours.

Tirapon

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Looks like you might be right about breaking 32 by Friday... I have a question - What do people think will happen when price hits the all time high? Are people expecting a pull back (if lots of people hit their target and sell, or sell expecting others to do the same). Or if it breaks the $32 mark and continues to rise, will we see a big rally as people panic buy, not wanting to miss the boat?

Just fishing for opinions here...

ArticMine

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Quote from: Luno on February 17, 2013, 04:32:18 PM

We need to break it on a weekday, so it hits media hard.

"A currency that recoveres from a 98% crash with ten times the market cap. No backing by millionaire or government was ever needed"

This is a valid point. I do suspect that a break above 31.89 USD could spark a major rally for this very reason.

Beta-coiner1

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I'd have to say not likely at all.I think 28-29 might be a safer bet.

lebing

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Quote from: kibblesnbits on February 17, 2013, 04:36:39 PM

You need to pick a specific Friday. Wink

This Friday, the 22nd =P

kibblesnbits

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You need to pick a specific Friday. Wink

Luno

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We need to break it on a weekday, so it hits media hard.

"A currency that recoveres from a 98% crash with ten times the market cap. No backing by millionaire or government was ever needed"

phatsphere

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… i think it'll take a bit longer.

notig

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I'm gonna say next week we will see 29. But that's only because the price will probably go down to 24 with all the banking holidays going on. 24 to 29 is still pretty good though and the majority of "new" people that are coming into bitcoin are probably longer term investors. Well hopefully. I'll be the first to admit though that I really have no idea what the price is going to do. I'm just pretty sure it won't drop to 15 again...... and that it won't rise to 1000 before the end of the year. Lol

Realpra

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Maybe we will hit lower thirties, but I think this rise is done. I think it will bounce up and down between 20 and 30 for maybe 4 months now.

Mega BTC resellers is big news, but things will take time. 27$/BTC should factor in most recent events so we may stay there a while.

humanitee

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Idk if we'll get that high, but I agree, major ups next week. If this is all the bears got on the weekend when there is no buying pressure, "I pity the fool."

lebing

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If there are enough bears that disagree with me, I'll make a bet.

Topic: We will break 32 by Friday (Read 3611 times)