Where does everyone think the price of BTC will be by the end of the day?

420

hero member

Activity: 756

Merit: 500

Quote from: BTCLuke on January 21, 2013, 08:44:24 PM

I believe the Impetus was the German news 2-3 days ago about them pulling all national gold out of the US Fed reserve bank.

There is a pretty noticeable correlation between the Euro's loss and the Bitcoin's gain at times. Germans would seem to be jumping out of euro into the BTC this week, and if I'm not mistaken, a $200k buy order just went through since the Gold news. (Can someone confirm this?)

This could be the beginning of a very large rally. As the US keeps Gun bans in the news and the USD keeps getting watered down, we've got nowhere to go but up. Wink

did you join to reveal this information?

BTCLuke

hero member

Activity: 526

Merit: 508

My other Avatar is also Scrooge McDuck

I believe the Impetus was the German news 2-3 days ago about them pulling all national gold out of the US Fed reserve bank.

There is a pretty noticeable correlation between the Euro's loss and the Bitcoin's gain at times. Germans would seem to be jumping out of euro into the BTC this week, and if I'm not mistaken, a $200k buy order just went through since the Gold news. (Can someone confirm this?)

This could be the beginning of a very large rally. As the US keeps Gun bans in the news and the USD keeps getting watered down, we've got nowhere to go but up. Wink

420

hero member

Activity: 756

Merit: 500

$20 is a good top marker. then back down to $15

DannyHamilton

legendary

Activity: 3416

Merit: 4658

Quote from: Driice on January 21, 2013, 05:59:51 PM

Quote from: Garr255 on January 21, 2013, 05:56:26 PM

Quote from: Driice on January 21, 2013, 05:54:36 PM

When do you think the price will crash?

Bitcoin only goes up, don't you know that?!

Oh the crash last year was imaginary my bad

There was a crash last year?

I mean I know the exchange rate with USD dropped from a high of around 16 USD per BTC to a low of about 8 BTC per USD between August 17 and August 21, but since the month of August started out at just under 10 USD per BTC and ended just over 10 USD per BTC I don't think I'd call that a crash. More like a few weeks of volatility.

Driice

full member

Activity: 122

Merit: 100

Quote from: Garr255 on January 21, 2013, 05:56:26 PM

Quote from: Driice on January 21, 2013, 05:54:36 PM

When do you think the price will crash?

Bitcoin only goes up, don't you know that?!

Oh the crash last year was imaginary my bad

Garr255

legendary

Activity: 938

Merit: 1000

What's a GPU?

Quote from: Driice on January 21, 2013, 05:54:36 PM

When do you think the price will crash?

Bitcoin only goes up; don't you know that?!

Driice

full member

Activity: 122

Merit: 100

When do you think the price will crash?

mjc

hero member

Activity: 588

Merit: 500

Available on Kindle

The end of who's day? :-) GMT -5:00 I don't think it will hit $17 today, but we will stay between 16.5 and < 17.

BetterBitcoinUp

newbie

Activity: 25

Merit: 0

I can't believe the volatility of BTC. I have a tab on my browser that displays the price of BTC, and recently I can't believe how it is skyrocketing. What is the impetus of the move?

Topic: Where does everyone think the price of BTC will be by the end of the day? (Read 709 times)