I'm in a sub $10 camp prediction. I won't invest directly in bitcoins at this stage, because bitcoins are not meant to be an investment. I will buy them if I will want to buy something that accepts bitcoins only and I wouldn't have minted enough myself. Sub $10 at this stage is a no brainer unless something major happens in the next couple of weeks.
Topic: Who predicts Bitcoins will drop below $10 ? Who is planning to buy, if it does? - page 3. (Read 5993 times)
July 18, 2011, 01:39:49 PM
July 18, 2011, 01:35:15 PM
I will buy at $6 or lower.
Ill buy again when it does its final dead cat bounce at $0.01 or similar.
July 18, 2011, 01:33:53 PM
the more chances bitcoin has of becoming the de facto global currency.
Cows jumping over the moon will happen before bitcoin becomes the "de facto world currency".
Not "world currency" -- only a "global currency".
I wasn't saying that world governments would replace their currencies with bitcoin.
I misquoted you and all fixed. Though I really don't see a big (if any) difference between the two words.
July 18, 2011, 01:29:09 PM
I will buy at $6 or lower.
July 18, 2011, 01:26:42 PM
the more chances bitcoin has of becoming the de facto global currency.
Cows jumping over the moon will happen before bitcoin becomes the "de facto world currency".
Not "world currency" -- only a "global currency".
I wasn't saying that world governments would replace their currencies with bitcoin.
July 18, 2011, 01:23:51 PM
the more chances bitcoin has of becoming the de facto global currency.
Cows jumping over the moon will happen before bitcoin becomes the "de facto global currency".
July 18, 2011, 01:19:10 PM
Not to burst anyone’s bubble or anything, may I just point out a simple fact that the bitcoin network (specifically, the block chain) is just a giant general ledger (a.k.a. a bookkeeping tool) in which bitcoins and their fractions represent credit/debit entries, and nothing more. It’s time everyone starts treating it as such. The sooner it happens, the more chances bitcoin has of becoming the de facto global currency. That's right, I said currency. So, don't run away with thinking that I don't see bitcoin's potential.
July 18, 2011, 01:00:55 PM
See my thread here for the same topic: http://forum.bitcoin.org/index.php?topic=26012.40 (Will we reach at $12?)
Here is my estimation:
Cheers
Train
Here is my estimation:
Quote
...in "a week or so" there will be 50.000 coins MORE in the market. In another week there will be over 100.000 coins more! If you estimate that 50% of those miners will slowly sell off thier coins in the hope of a quick buck, the trend will stay falling!!!
Cheers
Train
July 18, 2011, 01:00:01 PM
Price is dropping ever Min ATM at 12.5596
How is the Price calculated ? has any a link that explains that?
How is the Price calculated ? has any a link that explains that?
It's trading volume. If someone has bitcoins to sell at the bid price, then sale goes down, and that's the current price. Not too complicated. There are asking prices and buying prices, when they match, the trade takes place and that's the current price. It's supply and demand, and not much more.
July 18, 2011, 12:55:21 PM
Price is dropping ever Min ATM at 12.5596
How is the Price calculated ? has any a link that explains that?
How is the Price calculated ? has any a link that explains that?
July 18, 2011, 12:52:54 PM
I'll be buying it at whatever the market price is over the next year. It's worth zero or it's worth thousands, but it is not worth $12 =) To be able to be involved with something so revolutionary for markets and freedom is deeply satisfying. I care little for the interim daily prices.
July 18, 2011, 12:46:27 PM
Seems to me that $10 is a very important mark for Bitcoins. If prices drop below $10, I would imagine MANY people will be in buying sprees. How many of you think it will or won't happen, and how many plan to buy if it does? I have not seen it around $12.65 for some time now. It did drop down a few days ago, but it never went below $12.50. Fortunately I had some funds in Dwolla at the time.
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