Drop down to the 280-290 area. I think people will get scared and keep selling .
Calling It |
(Jan 5, 2015 02:18 AM)Omniscient Wrote: Let's all post what we feel BTC price will be in 10 days on January 15, 2015 and why. Most definitely. Artificial meaning PayCoin and people seeing this as a good time to dump and buy in at a lower price. I am thinking $310 - $380, anywhere in that range. This drop isn't done yet I don't think, I sure hope it is but I don't think it is. It'll bounce back no worries, it all depends when Josh decides to give up his bullshit and lies. Sick of the amount of altcoin scammers that actually SUCCEED...even worse, the people that fall for them. (Jan 5, 2015 04:04 AM)Sn¡per Wrote: I believe $320 is a tad low, I'm saying nearer the $400 mark ae $380 or so. The low price is attracting a bit of media attention which will spark a buy boom.in 10 days? doubts are there, but I would always love it to reach that sort of price in that succession (and beyond!)
I predict should be around $226 after 10 days :)
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$320-$380
The drop was artificial and many people were looking to invest after the next drop. I imagine we'll be seeing many people 'investing' and then selling somewhere in the $300 range. If we were to see it hit $400 that would be temporary as many people would dump which is why I think it'll settle back between $320-$380. (Jan 5, 2015 05:21 PM)Industry Wrote: Maybe when people stop trying to make a career out of day trading BTC and use it as a everyday weighted currency, the value will increase. Until then it's not even considered a currency in my books, just a fast way to make some spare change. Unless of course you are day trading in large volumes.Well when you think about we have made quite a bit of progress. Many exchanges have actually shut down because of the lack of trade volume they're seeing. That lack of trade volume stems from the volatility of bitcoin which remained stable for longer periods of time than we had previously seen before. The currency remained stable for long periods of time and many exchangers have stopped day trading for profit. (Jan 7, 2015 05:35 PM)BitMoney Wrote: Big dump incoming on weekend, I can imagine it dropping back to $150-250.What makes you think that there would be a dump this weekend? Makes more sense to pump it up and have people hop on the hype train before dumping. If they can't pump it up higher then it's likely they can't cause the price to drop very much. |
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