Quote from: anujjain on June 27, 2014, 10:18:40 AM

Quote from: jayc89 on June 27, 2014, 10:16:33 AM

Quote from: anujjain on June 27, 2014, 10:12:30 AM

Quote from: jayc89 on June 27, 2014, 10:06:09 AM

Quote from: JayJuanGee on June 27, 2014, 09:09:39 AM

Quote from: Tzupy on June 27, 2014, 08:47:56 AM

It's the 27th, I voted 575$ and so far 65% have been wrong.

This is the weird thing about the poll. Initially, I was thinking that the auction was on 6/26, so to predict the price on 6/27 would be more meaningful.

However, since the auction is on 6/27, we could get a bit of screwing up of highs and lows, and in other words, many people may end up being right, depending upon what time of the day.

I am getting a sense (maybe from chips, or from astrology or god) that there is going to remain some continued downward pressures on BTC prices until about 3 hours before the end of the auction time.. and possibly a little longer than that. Yet, at the same time, I am NOT sure about whether there will be an ability to contain the prices downward. So let's say downward will be between $550 and $580.

If there are some kinds of leaks about the bids being at or above then BTC price, this may cause BTC prices to clime beyond $580 and into the low $600s.

Once the auction is clearly over, it seems inevitable that we are going to hear additional leaks about what the bids were, and those bids are likely going to have been in the $600s and possibly in the upper $600s and maybe even into the $700s. This leaked news (whether rumor or NOT) will likely cause BTC prices to be pushed up into the mid-$600s. then over the weekend, we could likely continue to get upward movement and then prices into the $700s or even $800s, as was mentioned by several posters earlier.

I really have my doubts about shooting to a new all time high before late August, but who the hell really knows, and if there gets to be too many whales wanting to get in, then HODLers are NOT going to want to sell until the upsurge in prices has run its course - accordingly, we are likely going to get some floating between $700s and $850s prior to the upsurge that will go above and beyond the old ATH - and likely in the $2k to $3k territory in either late 2014 or early 2015 - and some are predicting $4-6K territory, which seems a bit too optimistic for me... even though I would NOT mind seeing such an upsurge in prices within that same time line.

I really doubt that prices would go to $10k before mid 2015, but seems plausible in the late 2015 time frame.. but then if we are talking another late 2015 bubble, then such a bubble could possibly go beyond $10k. There will NOT be another halving of the BTC mining until late 2016, which will likely cause some additional upsurge in BTC prices (so long as BTC is still around by then).

Although I sincerely hope you're right - as I have $10,000 ready to pump in. Over the past couple of hours, I have only seen a gradual upward trend.

I think we still have to wait till we cross again 610 mark, before that really not recommending buying.

I wonder if we can leak a story to the press "The highest bid has been $100\BTC" Roll Eyes

No way, 100$/BTC, It will be atleast 500 USD per BTC and even some here thinking bidding will be on premium so you can
expect 500-650 range bid.

I know - it was a joke - leak a BS story to the press to drive the price down so I can start pumping Roll Eyes