Bitcoin Forum

Economy => Speculation => Topic started by: Gyrsur on January 17, 2013, 02:50:11 PM



Title: $15.00 again
Post by: Gyrsur on January 17, 2013, 02:50:11 PM
We reached $14.99 again today on MtGox.

 :o :o :o


Title: Re: $15.00 again --> buy now!
Post by: mccorvic on January 17, 2013, 02:55:31 PM
Party over in the Wall thread! :D

But seriously, I think people who will buy will buy. What we should do is discourage people from dumping/shorting/whatever. They're just gonna end up real sad.


Title: Re: $15.00 again --> buy now!
Post by: Gyrsur on January 17, 2013, 02:58:23 PM
What we should do is discourage people from dumping/shorting/whatever. They're just gonna end up real sad.

correct!


Title: Re: $15.00 again --> buy now!
Post by: Luno on January 17, 2013, 03:05:23 PM
What we should do is discourage people from dumping/shorting/whatever. They're just gonna end up real sad.

We tried that in June of 2011. It didn't work out so well. The people dumping weren't the sad ones, they got to buy back in at $2.50.

If people want to sell, let them! Some resistance would be healthy.

Now that I've said that, I, personally, won't be selling any.  :D
+1


Title: Re: $15.00 again --> buy now!
Post by: mccorvic on January 17, 2013, 03:08:17 PM
We tried that in June of 2011. It didn't work out so well. The people dumping weren't the sad ones, they got to buy back in at $2.50.

If people want to sell, let them! Some resistance would be healthy.

Now that I've said that, I, personally, won't be selling any.  :D

I find the circumstances between now and 2011 or 2012 totally different.  But yes, in reality some resistance is a good thing.

I will be standing by my motto of "Never sell. Buy or spend" regardless of what happens.


Title: Re: $15.00 again --> buy now!
Post by: notme on January 17, 2013, 03:18:54 PM
We tried that in June of 2011. It didn't work out so well. The people dumping weren't the sad ones, they got to buy back in at $2.50.

If people want to sell, let them! Some resistance would be healthy.

Now that I've said that, I, personally, won't be selling any.  :D

I find the circumstances between now and 2011 or 2012 totally different.  But yes, in reality some resistance is a good thing.

I will be standing by my motto of "Never sell. Buy or spend" regardless of what happens.

I'm more of a "Only sell locally for cash, rebuy immediately on exchange, buy regularly with a small portion of each paycheck, spend when it is easier than fiat" kind of guy myself.


Title: Re: $15.00 again --> buy now!
Post by: Fuzzy on January 17, 2013, 03:53:24 PM
1/2 of all bitcoins are currently mined and in the system.

And I bet a large fraction of those are permanently lost, either from when BTC was new and worthless and miners didn't bother backing up their wallets, or forgot their passwords etc.


Title: Re: $15.00 again --> buy now!
Post by: notme on January 17, 2013, 03:55:14 PM
1/2 of all bitcoins are currently mined and in the system.

And I bet a large fraction of those are permanently lost, either from when BTC was new and worthless and miners didn't bother backing up their wallets, or forgot their passwords etc.

I mined a few bitcents to the ether just the other day.


Title: Re: $15.00 again
Post by: AmDD on January 17, 2013, 04:30:47 PM
We reached $14.99 again today on MtGox.

 :o :o :o

Just reached $15 even.


Title: Re: $15.00 again
Post by: Gyrsur on January 17, 2013, 04:34:54 PM
We reached $14.99 again today on MtGox.

 :o :o :o

Just reached $15 even.

wow, strong buy!


Title: Re: $15.00 again
Post by: jl2012 on January 17, 2013, 04:37:38 PM
The $15 wall is torn down in one shot


Title: Re: $15.00 again
Post by: Bowjob on January 17, 2013, 04:49:58 PM
To add to this rally glory, S.Dice shares are booming. :) I wish I hadn't sold soo many shares a few days ago. It's reaching 0.006/share.


Title: Re: $15.00 again
Post by: epbaha on January 17, 2013, 04:52:21 PM
The $15 wall is torn down in one shot

The large orders to come will be large sells because no one wants to buy into an ask wall that isn't there.


Title: Re: $15.00 again
Post by: deadweasel on January 17, 2013, 05:15:01 PM
To add to this rally glory, S.Dice shares are booming. :) I wish I hadn't sold soo many shares a few days ago. It's reaching 0.006/share.

I'm fear buying shares of anything but I do want to get in on SDICE.  Is there a safe way to go about getting shares yet?


Title: Re: $15.00 again
Post by: deadweasel on January 17, 2013, 05:37:25 PM
https://bitfunder.com/asset/G.SDICE & https://bitcointalk.org/index.php?topic=102181.0

 or you can also get in thru btct.co coinbr or havelockinvestments if you do not wish to personally deal with MPEX

Have any of these guys been vetted?  Is their architecture protected from what happened to GLBSE?

Would I make more just speculating?


Title: Re: $15.00 again
Post by: gimme_bottles on January 17, 2013, 05:40:21 PM
https://bitfunder.com/asset/G.SDICE & https://bitcointalk.org/index.php?topic=102181.0

 or you can also get in thru btct.co coinbr or havelockinvestments if you do not wish to personally deal with MPEX

Have any of these guys been vetted?  Is their architecture protected from what happened to GLBSE?

Would I make more just speculating?


btct.co seems to be well better prepared to a closedown than GLBSE was. they mail lists of shareholders to the issuers twice a day, so at least the issuer knows who owns how many shares.


Title: Re: $15.00 again
Post by: deadweasel on January 17, 2013, 05:48:14 PM
I'll start there with my research then.  Thank you!   :)


Title: Re: $15.00 again
Post by: phelix on January 17, 2013, 05:49:09 PM
We reached $14.99 again today on MtGox.

 :o :o :o

any particular reason?


Title: Re: $15.00 again
Post by: gimme_bottles on January 17, 2013, 06:08:57 PM
btct.co seems to be well better prepared to a closedown than GLBSE was. they mail lists of shareholders to the issuers twice a day, so at least the issuer knows who owns how many shares.

The way BitFunder (https://bitcointalk.org/index.php?topic=130117.0) deals with the problem by using a public asset list (https://bitfunder.com/assetlist) is preferable.

my opinion:
if you feel safer with a public asset list it means you don't fully trust the issuer, in which case you should not give him your money.


Title: Re: $15.00 again
Post by: Kempelen on January 18, 2013, 12:32:31 AM
I am worried about the price rising too quickly. Don't want to see a repeat of 2011. Prefer slow, steady growth.


Title: Re: $15.00 again
Post by: gimme_bottles on January 18, 2013, 12:39:14 AM
my opinion:
if you feel safer with a public asset list it means you don't fully trust the issuer, in which case you should not give him your money.

I am an issuer. I feel safer with the public list because then it does not come down to my word vs a shareholder on who is on the list and how much they hold.



yea, i get your point. as i am a shareholder, i thought like one.
not to forget, the whole "issuer vs. shareholder" thing was mainly caused by the complete incompetence of the guy running glbse.