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Title: Why we bubbling up? Post by: adamstgBit on January 21, 2013, 07:17:33 PM Title: Re: Why we bubbling up? Post by: zoinky on January 21, 2013, 07:22:52 PM I see what you did there. ;D
Title: Re: Why we bubbling up? Post by: cypherdoc on January 21, 2013, 07:29:14 PM i'm not sure who's cuter; you or the krill...
Title: Re: Why we bubbling up? Post by: smoothie on January 21, 2013, 08:56:13 PM It's so funny to hear people ask why the price went up or went down.
Buyers and sellers. lol.... Title: Re: Why we bubbling up? Post by: ArticMine on January 21, 2013, 08:57:41 PM i'm not sure who's cuter; you or the krill... Krill. I sense a hungry penguin. Title: Re: Why we bubbling up? Post by: bitcon on January 22, 2013, 03:04:32 PM i cant wait for the next crash to get back on my favorite roller coaster i call bitcoin.
Title: Re: Why we bubbling up? Post by: SysRun on January 22, 2013, 03:08:41 PM what are "refunds" mentioned as "mega+refunds" in similar threads.
Help an old guy out. Title: Re: Why we bubbling up? Post by: Scott J on January 22, 2013, 03:13:22 PM I have to buy some Bitcoins by the end of the month - so hard to know whether to wait for a correction or jump straight into the madness!
Title: Re: Why we bubbling up? Post by: mccorvic on January 22, 2013, 03:15:35 PM I like how all the pseudo-bulls also shout, "BTC is undervalued! BTC is undervalued!" and the second it goes up and they lose their short they start saying "bubble bubble bubble!" with hope they can bring the price back down.
Which is it sons? Title: Re: Why we bubbling up? Post by: cheat_2_win on January 22, 2013, 03:15:54 PM I have to buy some Bitcoins by the end of the month - so hard to know whether to wait for a correction or jump straight into the madness! My suggestion would be to do whatever your gut says. Bitcoin is too unpredictable for a rational explanation. Title: Re: Why we bubbling up? Post by: casascius on January 22, 2013, 03:17:20 PM i cant wait for the next crash to get back on my favorite roller coaster i call bitcoin. My guess is that will be a crash from like $35 to $25. Just a guess though! Title: Re: Why we bubbling up? Post by: server on January 22, 2013, 03:17:54 PM what are "refunds" mentioned as "mega+refunds" in similar threads. Help an old guy out. this [edit] I thought you knew and didn't ask a question. ...something like 'Helping out an old guy' = Tom/bASIC, by pumping the price he can refund with way less btc... Just a few good friends/Bitcoin "old money" helping him out. Nevermind :-X [/edit] Title: Re: Why we bubbling up? Post by: crazy_rabbit on January 22, 2013, 03:18:10 PM i cant wait for the next crash to get back on my favorite roller coaster i call bitcoin. My guess is that will be a crash from like $35 to $25. Just a guess though! don't get me nervous like that! Title: Re: Why we bubbling up? Post by: SkRRJyTC on January 22, 2013, 03:24:27 PM what are "refunds" mentioned as "mega+refunds" in similar threads. Help an old guy out. this Refunds = An ASIC company gave back a lot of pre order money recently. People think this money went into buying BTC. Mega = The new 'megaupload' site from Kim dot com. People were/are speculating about Mega accepting BTC as payment. Title: Re: Why we bubbling up? Post by: niko on January 22, 2013, 03:25:30 PM It's a pump'n'dump by an ASIC manufacturer who is about to start taking orders for their second batch. Besides profiting from the forthcoming dump, they will boost up their sales figures by boosting up miners' expectations, as mining suddenly seems rather profitable.
/speculation Title: Re: Why we bubbling up? Post by: SysRun on January 22, 2013, 03:37:26 PM Here's my speculation. Infiniti poker is going to be as big as pokerstars ever was (bye bye seals with clubs). Some pro poker players are buying in, hoping that demand spikes once infiniti (sp) goes live.
Title: Re: Why we bubbling up? Post by: muyuu on January 22, 2013, 03:40:40 PM No idea why but I'm loving it.
Prepare for difficulty to shoot up if these ASICs are real. Title: Re: Why we bubbling up? Post by: Beta-coiner1 on January 22, 2013, 03:44:38 PM It's a pump'n'dump by an ASIC manufacturer who is about to start taking orders for their second batch. Besides profiting from the forthcoming dump, they will boost up their sales figures by boosting up miners' expectations, as mining suddenly seems rather profitable. I was thinking something along the same lines.....but a bit different./speculation I think someone who is dealing with ASIC mining could be doing this to increase the value of BTC first to collect a majority of BTC before a sudden rise in difficulty IF ASIC mining goes popular.The result is that the price may actually increase again due to a potential substantial increase in difficulty while they hoard BTC in addition to your theory. /speculation on my part part. Title: Re: Why we bubbling up? Post by: cheat_2_win on January 22, 2013, 04:04:22 PM After looking at the miner operating margin at blockchain.info, it seems miners are hoarding all the newly minted coins. Until the margin reaches around 40%, I am doubtful whether we will see any large scale dump.
Title: Re: Why we bubbling up? Post by: Scott J on January 22, 2013, 04:06:02 PM I have been wondering if this recent rise is a pump and dump.
Though much more likely to be money from the traditional financial world getting involved rather than an ASIC manufacturer. Title: Re: Why we bubbling up? Post by: muyuu on January 22, 2013, 04:16:36 PM I have been wondering if this recent rise is a pump and dump. Though much more likely to be money from the traditional financial world getting involved rather than an ASIC manufacturer. Avalon only takes payments in BTC. That causes demand. Then these ASICs hopefully will keep difficulty high. Both are bullish factors. I seriously doubt they'd be pumping on BTC, they might store some though. Title: Re: Why we bubbling up? Post by: phelix on January 22, 2013, 05:29:02 PM because of this: http://www.google.com/trends/explore#q=buy%20bitcoins&date=1%2F2011%2025m&cmpt=q
Bitcoin rocket is taking off. Maybe we fly to the moon this time. :D Title: Re: Why we bubbling up? Post by: lebing on January 23, 2013, 06:00:14 AM because of this: http://www.google.com/trends/explore#q=buy%20bitcoins&date=1%2F2011%2025m&cmpt=q Bitcoin rocket is taking off. Maybe we fly to the moon this time. :D Thats not a cause, its an effect. But yes, it confirms this increase is not unwarranted Title: Re: Why we bubbling up? Post by: robamichael on January 23, 2013, 06:15:07 AM the google trend seems to correlate much more now, than during the june 11 spike.
good times ahead? Fiat currencies everywhere are in trouble and this is bullish for bitcoins. check this one out for comparison: http://www.google.com/trends/explore#q=buy%20bitcoin%2C%20bond%20bubble&date=1%2F2011%2025m&cmpt=q correlation is settling in a bit... Title: Re: Why we bubbling up? Post by: phelix on January 23, 2013, 07:12:01 AM because of this: http://www.google.com/trends/explore#q=buy%20bitcoins&date=1%2F2011%2025m&cmpt=q Bitcoin rocket is taking off. Maybe we fly to the moon this time. :D Thats not a cause, its an effect. But yes, it confirms this increase is not unwarranted self enforcing feedback loop ---> next bubble ahead |
