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Started By
Message
re: Predict the 12/31/2014 bitcoin price (plus 2013 year in review)
Posted on 2/14/14 at 4:01 pm to Walking the Earth
Posted on 2/14/14 at 4:01 pm to Walking the Earth
quote:
$800.
This isn't looking good for me.
quote:
If I win, I would like my prize money in dollars, please.
This was a little more prescient on my part, though.
Posted on 2/14/14 at 4:04 pm to Walking the Earth
quote:
This isn't looking good for me.
Currently $660. You're not too far off.
Posted on 2/14/14 at 4:05 pm to Walking the Earth
quote:
Walking the Earth
Posted on 2/24/14 at 10:13 pm to Cold Cous Cous
quote:
In that case, I'd say the exchange rate on MtGox is actually $0.
Congratulations, Mister Contest Winner.
Posted on 2/25/14 at 8:30 am to Walking the Earth
Do you think Wiki will insist the last trade on MtGGOX was at $135.00?
Posted on 2/25/14 at 9:11 am to Broke
quote:
Benny is the most "open" to his discussion. I think there are going to be a lot of hurt people without a chair when the music stops.
I would like to reiterate my quote here. I'll punch out and watch.
Posted on 2/25/14 at 9:21 am to WikiTiger
quote:
2013 year in review)
--------------------------------------------------------------------------------
quote:
--------------------------------------------------------------------------------
Bitcoin began 2013 valued at approximately $13.30 on MtGox*.
Bitcoin ended 2013 valued at approximately $815.00 on MtGox.
--------------------------------------------------------------------------------
Thats one of the most overly simplified "year in reviews" i've ever seen outside of a tombstone.
quote:
sometimes simple facts can speak volumes
2014 Year in Review
Bitcoin began 2014 valued at approximately $815.00 on MtGox*.
Bitcoin ended 2014 valued at approximately ZERO on MtGox.
Posted on 2/25/14 at 9:23 am to C
quote:
2014 Year in Review
And just think, it took less than two months to get there!
Posted on 2/25/14 at 9:36 am to OnTheBrink
quote:
And just think, it took less than two months to get there!
Actually ZERO is not right. Aren't they negative $200mm USD?
Posted on 2/25/14 at 9:42 am to C
quote:
2014 Year in Review
Bitcoin began 2014 valued at approximately $815.00 on MtGox*.
Bitcoin ended 2014 valued at approximately ZERO on MtGox.
Posted on 2/25/14 at 8:53 pm to LSURussian
I bought rupees today. I'm thinking about the rand as well. If the dinar ever hits, I'm worth $35MM. USD. Not sure how many bitty coins that adds up to, but I'ma guessing a lot of em.
Posted on 2/25/14 at 9:41 pm to Walking the Earth
quote:Not so fast. He later offered this:
Congratulations, Mister Contest Winner
quote:
Oh and my prediction for btc at the end of the year is $724.
Posted on 2/25/14 at 9:49 pm to C
Does everyone on this forum just intentionally ignore this:
When asked if he believes Mt Gox will exist at the end of 2014:
When asked if he believes Mt Gox will exist at the end of 2014:
quote:
probably not. we may have to do some kind of average based on exchange volume to get the most accurate price
Posted on 2/25/14 at 10:23 pm to joshnorris14
It's a joke francis. Lighten up. what happened to wiki anyways? has he abandoned ship for a bit?
Posted on 2/25/14 at 10:37 pm to C
Holy shite there are some incredibly massive trades taking place on bitstamp: +30k btcs orders are being traded every few seconds. just saw a 100k order passed at $570. wtf???
Posted on 2/25/14 at 10:45 pm to C
It's possible that we see a huge spike in price. The surge in October happened after "bitcoin was dealt a blow" when the Silk Road was taken down. Similar circumstances.
In April of last year when Gox had problems and halted trading the price dropped from the mid $200s to $60 within hours of reinitializing trading. This time around the price drop was from the mid-$500s to $400. The resiliency of the price against bad (really bad) news is a lot more than it used to be and that definitely inspires confidence in the price.
When I read the internal memo last night I certainly wasn't thinking we'd be anywhere near $600 less than 24 hours later.
In April of last year when Gox had problems and halted trading the price dropped from the mid $200s to $60 within hours of reinitializing trading. This time around the price drop was from the mid-$500s to $400. The resiliency of the price against bad (really bad) news is a lot more than it used to be and that definitely inspires confidence in the price.
When I read the internal memo last night I certainly wasn't thinking we'd be anywhere near $600 less than 24 hours later.
Posted on 2/25/14 at 10:50 pm to joshnorris14
I just can't believe you and wiki seem to think this will be in the 5k$ range come december. Ya'll crazy
Posted on 2/25/14 at 10:52 pm to GenesChin
quote:
I just can't believe you and wiki seem to think this will be in the 5k$ range come december. Ya'll crazy
13 months ago it was $13.
Posted on 2/25/14 at 10:55 pm to C
I doubt those were arms length transactions. More likely insiders manipulating the market.
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