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Topic: will you speculate at $100? (Read 1455 times)

member
Activity: 84
Merit: 10
March 21, 2013, 02:25:34 PM
#7

I'll be holding too.  But I'm still very interested in what happens around $75.  I think that's a more important point than $100.

Could you please explain why? It seems to me like a triple digit fiat valuation would be more of a psychological barrier than 75.

Generally put, we rough-count by ones, up to ten; by tens up to fifty; and by quarters (the first one being 75) after fifty.  It's an important barrier - and I note that we bounced off $75 an hour or two ago...

After 150, we count by fifties up to 250, and by 250s to a thousand.

YMMV.  It's just something I've found to be frequently the case.  I'm sure that there are many other takes on counting - it's such a basic thing that all the post-docs just live to complicate it, no doubt.
donator
Activity: 1218
Merit: 1079
Gerald Davis
March 21, 2013, 02:15:53 PM
#6
will you speculate at $100?

No all my orders are at $99 or $101.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
March 21, 2013, 02:10:30 PM
#5
No.I will just continue using bitcoin as currency, no matter the price.
sr. member
Activity: 644
Merit: 250
March 21, 2013, 02:08:26 PM
#4

I'll be holding too.  But I'm still very interested in what happens around $75.  I think that's a more important point than $100.

Could you please explain why? It seems to me like a triple digit fiat valuation would be more of a psychological barrier than 75.
member
Activity: 84
Merit: 10
March 21, 2013, 12:05:09 PM
#3
$100 appears to be a strong psychological number that will trigger sells. anyone going to risk at that price?

I'll be holding.

I'll be holding too.  But I'm still very interested in what happens around $75.  I think that's a more important point than $100.
hero member
Activity: 518
Merit: 500
March 21, 2013, 11:56:35 AM
#2
$100 appears to be a strong psychological number that will trigger sells. anyone going to risk at that price?

I'll be holding.
legendary
Activity: 1025
Merit: 1000
March 21, 2013, 11:56:16 AM
#1
$100 appears to be a strong psychological number that will trigger sells. anyone going to risk at that price?
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