Topic: When do we hit $300 now? (Read 3609 times)
is that really a pic of you in your avatar?
These discussion forums are strange. Each discussion consists of 30% sensible and thoughtful postings, interleaved with 70% idiot postings. I am getting used to this, but I still have to waste a few seconds on each idiot posting to recognize and ignore it.
Have the idiots still not lost all their money and disappeared? Many have, but new ones are always streaming in.
Have the idiots still not lost all their money and disappeared? Many have, but new ones are always streaming in.
I would say 40% of it is deceptive, e.g. I'll tell everyone I'm holding BTC so they won't panic sell and I can get a better price for mine
Yes, quite possible. It could also be a mixture of stupidity and deception though, so 30% sensible information, 30% pure stupidity, and 40% stupidity mixed with an attempt to make others follow on the flight into the ground.
After the first bubble in 2011 many of the obviously stupid posters disappeared for good. Perhaps the same will happen here too.
What I never see is that those who posted their weird predictions now come back and say, "OK, I was wrong. Where was my mistake? How come you saw the future correctly, while I didn't?" Apparently these people are not really interested in learning. I guess they lose all their "investment", then they disappear and look for another place where they can do other stupid things.
[…] A week from now things are going to look very dismal (if you can't see it already) for prospects of going over $200 for a very, very long time. It would now take over $6m to get back to the all time high, which is about as much as left the bids side over the past 48 hours. Some of that $6m was just cashed out and won't be coming back. Another good chunk of it was already spent in the bouncing around of the past 12 hours. New all time highs are completely out of the question.
I agree. Even the possibility of a brief bull trap spike above the highest value is now unlikely and is becoming even less likely by the minute.
What do you think about the volume? When the bubble burst, the total volume that changed hands was roughly half a million bitcoins. I have not checked the volume since then, but the question comes to mind, where are the other bitcoins?
I guess that a good fraction of the rest will move when the slighly less dumb newbie speculators recognize that the price keeps going down and sell their stash to the even dumber ones, and perhaps that is already the explanation. But I'd still be interested in your opinion.
300$ by 15th april is still strong
this bullshit is not stopping
this bullshit is not stopping
These discussion forums are strange. Each discussion consists of 30% sensible and thoughtful postings, interleaved with 70% idiot postings. I am getting used to this, but I still have to waste a few seconds on each idiot posting to recognize and ignore it.
Have the idiots still not lost all their money and disappeared? Many have, but new ones are always streaming in.
Have the idiots still not lost all their money and disappeared? Many have, but new ones are always streaming in.
Yes, bizarreness is at least 70% of this speculation forum. The ratio seems to change and correlate with market price. It's a contrarian indicator.
next week for sure.. lol never sold out on the panic sell.. even bought some extra as max Keizer apparently also did
max keiser is your lord, your jesus oh your saviour? as max Keizer apparently also did With a lot of people still trying to get approved at MtGox and spend money, we could still see $300 this month. And $1k+ by 2014-2015.
$1k+ before 2014 !
next week for sure.. lol never sold out on the panic sell.. even bought some extra as max Keizer apparently also did
as max Keizer apparently also did 
With a lot of people still trying to get approved at MtGox and spend money, we could still see $300 this month. And $1k+ by 2014-2015.
$1k+ before 2014 !
Legitimately, this tHis set us back 2 days. I think the schedule to hit it on the 15th needs to be adjusted. The 17th seems more accurate. What do you think?
Totally agree !
You people obviously have no idea how asset valuation works. If people believed the price would be 300 in a few days, it would be 300 now. The current price is the best reflection of its future value.
not true, if the people in this forum think is worth that much then go out and buy it would raise the price like a whole dollar? what if we think it will hit 300 but only have so much to spend or nothing. but the Chinese and the hundred million billionaire in the WORLD think its going to be three hundred then as soo as there gox account is verified or there coinbase is verified than they will buy. this is not instant soup bro ...haha cup-o-noodles Just Add Hot Water, this takes time and with every new cust account verified it will rise.
the more i think about this the dumber it sounds.....hey everyone lets all believe its going to be worth a billion dollers by the end of the month. believe all ya want its not going to happen. mr top rammen.
he didn't specify what people so you can probably assume he means the average bitcoin investor and an average price
You people obviously have no idea how asset valuation works. If people believed the price would be 300 in a few days, it would be 300 now. The current price is the best reflection of its future value.
not true, if the people in this forum think is worth that much then go out and buy it would raise the price like a whole dollar? what if we think it will hit 300 but only have so much to spend or nothing. but the Chinese and the hundred million billionaire in the WORLD think its going to be three hundred then as soo as there gox account is verified or there coinbase is verified than they will buy. this is not instant soup bro ...haha cup-o-noodles Just Add Hot Water, this takes time and with every new cust account verified it will rise.
the more i think about this the dumber it sounds.....hey everyone lets all believe its going to be worth a billion dollers by the end of the month. believe all ya want its not going to happen. mr top rammen.
Personally I wouldn't truthfully divulge when I am in and out especially if I had a significant amount at stake.
Why not? If you had any credibility, you would post your own honest position and encourage others to follow suit. The only reason you wouldn't be honest about your positions is if you were lying in a feeble attempt to manipulate the market. Congratulations, you're the first person I've ever put on my Ignore list.
My position: Liquidated most of my BTC holdings at $240, and placed a market buy order with the proceeds when it broke under $170. It ended up getting filled at $130+.
I'm adding him to my ignore too. This "I won't tell anyone" post is retarded. No reason to read anything more from that person.
I pity the fool that comes to the speculation forum to gauge sentiment
I see a price rise next week due to the large amount of money that is currently on its way to exchanges after the price fall last night, people want to buy in at these low prices and that will push the price back up.
Has anyone considered that 20,000 new accounts waiting to be verified may be 20,000 people with BTC they want to sell and withdraw the fiat from?
No, I don't think people are considering that, but that's what's being reflected in the charts right now. We're seeing what we used to call "the orderbook flipping", which is to say that the asks are aggressively piling up while the bids thin way out. It looks like a ton of money took a hike. A week from now things are going to look very dismal (if you can't see it already) for prospects of going over $200 for a very, very long time. It would now take over $6m to get back to the all time high, which is about as much as left the bids side over the past 48 hours. Some of that $6m was just cashed out and won't be coming back. Another good chunk of it was already spent in the bouncing around of the past 12 hours. New all time highs are completely out of the question.
don't worry the invest funds will ride in to save us
I see a price rise next week due to the large amount of money that is currently on its way to exchanges after the price fall last night, people want to buy in at these low prices and that will push the price back up.
Has anyone considered that 20,000 new accounts waiting to be verified may be 20,000 people with BTC they want to sell and withdraw the fiat from?
No, I don't think people are considering that, but that's what's being reflected in the charts right now. We're seeing what we used to call "the orderbook flipping", which is to say that the asks are aggressively piling up while the bids thin way out. It looks like a ton of money took a hike. A week from now things are going to look very dismal (if you can't see it already) for prospects of going over $200 for a very, very long time. It would now take over $6m to get back to the all time high, which is about as much as left the bids side over the past 48 hours. Some of that $6m was just cashed out and won't be coming back. Another good chunk of it was already spent in the bouncing around of the past 12 hours. New all time highs are completely out of the question.
http://i50.tinypic.com/2jecvpt.png
don't worry the invest funds will ride in to save us
Personally I wouldn't truthfully divulge when I am in and out especially if I had a significant amount at stake.
Why not? If you had any credibility, you would post your own honest position and encourage others to follow suit. The only reason you wouldn't be honest about your positions is if you were lying in a feeble attempt to manipulate the market. Congratulations, you're the first person I've ever put on my Ignore list.
My position: Liquidated most of my BTC holdings at $240, and placed a market buy order with the proceeds when it broke under $170. It ended up getting filled at $130+.
I'm adding him to my ignore too. This "I won't tell anyone" post is retarded. No reason to read anything more from that person.
Personally I wouldn't truthfully divulge when I am in and out especially if I had a significant amount at stake.
Why not? If you had any credibility, you would post your own honest position and encourage others to follow suit. The only reason you wouldn't be honest about your positions is if you were lying in a feeble attempt to manipulate the market. Congratulations, you're the first person I've ever put on my Ignore list.
My position: Liquidated most of my BTC holdings at $240, and placed a market buy order with the proceeds when it broke under $170. It ended up getting filled at $130+.
Remarkably everyone here can pick perfect tops and bottoms
I see a price rise next week due to the large amount of money that is currently on its way to exchanges after the price fall last night, people want to buy in at these low prices and that will push the price back up.
Has anyone considered that 20,000 new accounts waiting to be verified may be 20,000 people with BTC they want to sell and withdraw the fiat from?
No, I don't think people are considering that, but that's what's being reflected in the charts right now. We're seeing what we used to call "the orderbook flipping", which is to say that the asks are aggressively piling up while the bids thin way out. It looks like a ton of money took a hike. A week from now things are going to look very dismal (if you can't see it already) for prospects of going over $200 for a very, very long time. It would now take over $6m to get back to the all time high, which is about as much as left the bids side over the past 48 hours. Some of that $6m was just cashed out and won't be coming back. Another good chunk of it was already spent in the bouncing around of the past 12 hours. New all time highs are completely out of the question.
You had me a little worried until I saw your name, proudhon
I see a price rise next week due to the large amount of money that is currently on its way to exchanges after the price fall last night, people want to buy in at these low prices and that will push the price back up.
Has anyone considered that 20,000 new accounts waiting to be verified may be 20,000 people with BTC they want to sell and withdraw the fiat from?
No, I don't think people are considering that, but that's what's being reflected in the charts right now. We're seeing what we used to call "the orderbook flipping", which is to say that the asks are aggressively piling up while the bids thin way out. It looks like a ton of money took a hike. A week from now things are going to look very dismal (if you can't see it already) for prospects of going over $200 for a very, very long time. It would now take over $6m to get back to the all time high, which is about as much as left the bids side over the past 48 hours. Some of that $6m was just cashed out and won't be coming back. Another good chunk of it was already spent in the bouncing around of the past 12 hours. New all time highs are completely out of the question.
Personally I wouldn't truthfully divulge when I am in and out especially if I had a significant amount at stake.
Why not? If you had any credibility, you would post your own honest position and encourage others to follow suit. The only reason you wouldn't be honest about your positions is if you were lying in a feeble attempt to manipulate the market. Congratulations, you're the first person I've ever put on my Ignore list.
My position: Liquidated most of my BTC holdings at $240, and placed a market buy order with the proceeds when it broke under $170. It ended up getting filled at $130+.
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