Will this weekend slump turn into a Monday bump?

Stephen Gornick

legendary

Activity: 2506

Merit: 1010

Quote from: Shadow383 on April 23, 2012, 01:01:25 AM

I think we'll end the week back below $5.

You might find it interesting that so does the binary option for that:
- http://betsofbitco.in/item?id=325

1.09 on agree versus 0.85 on disagree.

So if it the exchange rate is under $5 at the end of the month (end of day Tuesday 4/30) those betting on agree win 90% of the wagers made by those that bet on disagree. So the odds for that are in the neighborhood of 1.7:1.

bitcoinBull

legendary

Activity: 826

Merit: 1001

rippleFanatic

still above $5.1 with no wall at $5.2. we'll be above $5.2 tearing down $5.5 by the end of the week.

Shadow383

sr. member

Activity: 336

Merit: 250

4/20's over guys, the spike in bitcoin demand for silkroad users is over and as the dealers cash in their coins this week I think we'll end the week back below $5.

publio

member

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Merit: 10

I think the new Dwolla restrictions will severely impact its use. The amount of information they were asking for was enough of an encouragement for me to withdraw my last deposit.

adamstgBit

legendary

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Merit: 1037

Trusted Bitcoiner

I'm just waiting for the ask walls to build up

Stephen Gornick

legendary

Activity: 2506

Merit: 1010

Can Dwolla still be used to move money into, out of and between exchanges? Or does the new restrictions put a damper on that. If so, then that's a factor that weighs negatively on the exchange rate.

Will the Blockchain mobile app allow iPhone and iPad users to finally, for the first time, an easy, secure way to use bitcoins -- something they've not been able to use before? If so, then that's a factor that weighs positively on the exchange rate.

Will BitInstant really have a way where from any of 700,000 locations around the world money can be transferred from cash into bitcoins somehow? if so, then that's a big factor that weighs positively on the exchange rate.

Are there any entrepreneurs cranking away on some idea that will involve bitcoins in some manner? If so, then that's a factor that weighs positively on the exchange rate.

As far as this being a "slump" though ... it isn't. The exchange rate never got below where it was before the weekend, thus no "weekend dip" occurred. Thus possibly no rally on Monday from those trying to snag the lower price. Who knows.

disclaimer201

legendary

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Merit: 1001

sideways to a bit up.

waspoza

hero member

Activity: 602

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Firstbits: 1waspoza

Sideways.

nedbert9

sr. member

Activity: 252

Merit: 250

Inactive

down to $3

matthewh3

legendary

Activity: 1372

Merit: 1003

The price often does slump a bit at weekends.

bittenbob

hero member

Activity: 560

Merit: 500

I can't help but notice we have taken a bit of a hit over the weekend. Will we see a rise on Monday or will it continue to fall?

Topic: Will this weekend slump turn into a Monday bump? (Read 1811 times)