Bitcoin Forum

Economy => Speculation => Topic started by: ineededausername on March 19, 2013, 03:07:47 PM



Title: $60
Post by: ineededausername on March 19, 2013, 03:07:47 PM
holy shit, 47->60 in one day...


Title: Re: $60
Post by: arruah on March 19, 2013, 03:08:11 PM
facepalm


Title: Re: $60
Post by: Newscastix on March 19, 2013, 03:08:28 PM
the hell just happened?? :o :o


Title: Re: $60
Post by: DobZombie on March 19, 2013, 03:09:09 PM
I was like WAH TEH FAR?!?

13K buy order.  Tha'ts rediculous


Title: Re: $60
Post by: evolve on March 19, 2013, 03:10:09 PM
Greed.


Title: Re: $60
Post by: Newscastix on March 19, 2013, 03:10:31 PM
62  :o :o :o

we'll get 100 200 today


Title: Re: $60
Post by: DobZombie on March 19, 2013, 03:11:10 PM
Waiting for that familiar popping sound!

https://i.imgur.com/los2Zmm.png (http://imgur.com/los2Zmm)


Title: Re: $60
Post by: Anon136 on March 19, 2013, 03:11:47 PM
how do you guys not know yet. Bank Holiday in cypris.


Title: Re: $60
Post by: blackreplica on March 19, 2013, 03:21:36 PM
As a permabull this was still a holy shit moment for me


Title: Re: $60
Post by: blackreplica on March 19, 2013, 03:23:11 PM
Mt Gox is lagging bad!! People are going nuts!!! Its like the earlier flash crash, only in reverse!!!


Title: Re: $60
Post by: blackreplica on March 19, 2013, 03:24:33 PM
Annnnddd....we're back to 58  ;D


Title: Re: $60
Post by: waspoza on March 19, 2013, 03:25:00 PM
As a permabull this was still a holy shit moment for me

Same here, this is madness.


Title: Re: $60
Post by: Technomage on March 19, 2013, 03:26:36 PM
Yes, even for me this was a WTF moment.


Title: Re: $60
Post by: ingrownpocket on March 19, 2013, 03:30:29 PM
Waiting for that familiar popping sound!

https://i.imgur.com/los2Zmm.png (http://imgur.com/los2Zmm)
Where can I see a live version of a similar chart?

http://mtgoxlive.com/


Title: Re: $60
Post by: waspoza on March 19, 2013, 03:31:20 PM
Probably bears buying back higher. Like Doc said, sell high buy higher, this never fails. ;)


Title: Re: $60
Post by: Crypt_Current on March 19, 2013, 03:42:01 PM
Greed.

... for economic freedom?  for demand for a deflationary, decentralized currency??

???

 ::)


Title: Re: $60
Post by: jwzguy on March 19, 2013, 03:43:33 PM
Greed.

... for economic freedom?  for demand for a deflationary, decentralized currency??

???

 ::)

People have him on ignore for a reason. He's only here for one thing.


Title: Re: $60
Post by: Crypt_Current on March 19, 2013, 03:44:12 PM
Waiting for that familiar popping sound!


Better listen closely -- I don't think it will be nearly as loud this time


Title: Re: $60
Post by: SgtSpike on March 19, 2013, 03:44:46 PM
This didn't surprise me one bit.  With the FinCEN and Cyprus news, I told my wife we'd be hitting $100 within a week.  I still wouldn't be surprised to see that happen.


Title: Re: $60
Post by: proudhon on March 19, 2013, 03:46:17 PM
This didn't surprise me one bit.  With the FinCEN and Cyprus news, I told my wife we'd be hitting $100 within a week.  I still wouldn't be surprised to see that happen.

I won't be surprised to be back into the 30s in a week.


Title: Re: $60
Post by: ineededausername on March 19, 2013, 03:47:27 PM
This didn't surprise me one bit.  With the FinCEN and Cyprus news, I told my wife we'd be hitting $100 within a week.  I still wouldn't be surprised to see that happen.

I won't be surprised to be back into the 30s in a week.

You used to have something more than "I wouldn't be surprised if we went back to $X," but it seems that these days all you do is say, "we're going down."  Do you have anything to contribute at all?


Title: Re: $60
Post by: Zangelbert Bingledack on March 19, 2013, 03:48:39 PM
Coiled spring.

We are now, again, a few notches above the exponential growth trendline that started in January. So it wouldn't be surprising to correct back near support at $50, but given the recent news it also wouldn't be surprising to continue spurting higher.


Title: Re: $60
Post by: Crypt_Current on March 19, 2013, 03:49:32 PM
Yes, even for me this was a WTF moment.

Most of us have seen Proudhon's posts turn into contrarian indicators, but some of us may have also noticed that Technomage's posts to have contrarian indicativitude from the start...

Usually in these "rocket" scenarios, price will crash shortly after Technomage posts his confidence in the recent increase, how it was justified due to fundamentals, etc.
This is the first time I've seen him actually surprised by an increase.  WHAT DOES IT MEAN?


Title: Re: $60
Post by: talnted on March 19, 2013, 04:06:23 PM
This price movement is very hard to understand.  It was at such low volume for days and now its like a fire got lit up under its ass.


Title: Re: $60
Post by: SgtSpike on March 19, 2013, 04:12:59 PM
This price movement is very hard to understand.  It was at such low volume for days and now its like a fire got lit up under its ass.
Cyprus and FinCEN.


Title: Re: $60
Post by: Largo on March 19, 2013, 04:15:08 PM
This price movement is very hard to understand.  It was at such low volume for days and now its like a fire got lit up under its ass.
Cyprus and FinCEN.

And old bitcoiners waiting for 0.8.1 / some words from the devs about the last Bug.



Title: Re: $60
Post by: BrightAnarchist on March 19, 2013, 04:18:25 PM
This didn't surprise me one bit.  With the FinCEN and Cyprus news, I told my wife we'd be hitting $100 within a week.  I still wouldn't be surprised to see that happen.

I won't be surprised to be back into the 30s in a week.

This is why I love you, proudhon


Title: Re: $60
Post by: klee on March 19, 2013, 04:18:56 PM
This price movement is very hard to understand.  It was at such low volume for days and now its like a fire got lit up under its ass.
Cyprus and FinCEN.
http://www.infowars.com/banking-chief-calls-for-15-looting-of-italians-savings/

200$ here we come!


Title: Re: $60
Post by: Rygon on March 19, 2013, 04:23:21 PM
This didn't surprise me one bit.  With the FinCEN and Cyprus news, I told my wife we'd be hitting $100 within a week.  I still wouldn't be surprised to see that happen.

I won't be surprised to be back into the 30s in a week.

This is why I love you, proudhon

If it weren't for proudhon and evolve, the speculation forum would be a lot more boring. Really, it would breakdown into bulls vs more bullish bulls with pictures of rockets flying all over the place. We should thank them for their tireless efforts to provide a counterargument. It's gotta be tough.


Title: Re: $60
Post by: ehoffman on March 19, 2013, 04:24:39 PM
And old bitcoiners waiting for 0.8.1 / some words from the devs about the last Bug.

0.8.1 is already out as of 1 or 2 days :)


Title: Re: $60
Post by: Peter Lambert on March 19, 2013, 04:25:20 PM
holy shit, 47->60 in one day...

25 % change up or down in one day happens all the time around here. Nothing to get too excited about.


Title: Re: $60
Post by: ehoffman on March 19, 2013, 04:25:44 PM
Already correcting, slowly...


Title: Re: $60
Post by: Tirapon on March 19, 2013, 04:33:53 PM
Really, it would breakdown into bulls vs more bullish bulls with pictures of rockets flying all over the place.

Lol


Title: Re: $60
Post by: jubalix on March 19, 2013, 04:39:51 PM
Probably bears buying back higher. Like Doc said, sell high buy higher, this never fails. ;)

reverse buy in bears

vs

Perma Bulls

who wins????Fkd if know

lmao
seriously


Title: Re: $60
Post by: DoomDumas on March 19, 2013, 04:52:34 PM
BTC under 50$ is now history..

Buy while they are still cheap !

http://www.infowars.com/banking-chief-calls-for-15-looting-of-italians-savings/
Those kind move will extend to all country, all banks, each and everyone..
Cyprius / FinCEN = the begining of the end of a world economy...

BTC imune !

I've bet 100$ before 2014, I now bet 100$ before june !



Title: Re: $60
Post by: DobZombie on March 19, 2013, 06:21:37 PM
After all that I made a cool $100.  Thanks!


Title: Re: $60
Post by: Richy_T on March 19, 2013, 06:27:03 PM

If it weren't for proudhon and evolve, the speculation forum would be a lot more boring. Really, it would breakdown into bulls vs more bullish bulls with pictures of rockets flying all over the place. We should thank them for their tireless efforts to provide a counterargument. It's gotta be tough.

https://i.imgur.com/VenVy.jpg

With thanks to ShittyBitcoinDrawer


Title: Re: $60
Post by: Tomatocage on March 19, 2013, 10:09:33 PM
This didn't surprise me one bit.  With the FinCEN and Cyprus news, I told my wife we'd be hitting $100 within a week.  I still wouldn't be surprised to see that happen.

I won't be surprised to be back into the 30s in a week.

If only you would have posted this in January. "Bitcoin to top $30+ by late March!"  :D


Title: Re: $60
Post by: molecular on March 20, 2013, 11:48:48 AM
This didn't surprise me one bit.  With the FinCEN and Cyprus news, I told my wife we'd be hitting $100 within a week.  I still wouldn't be surprised to see that happen.

I won't be surprised to be back into the 30s in a week.

What would surprise me was if you made a bullish post and the rally continued nevertheless. If you really want to see a drop, you should try to write a bullish post.


Title: Re: $60
Post by: cbeast on March 20, 2013, 12:04:33 PM
Until there is a massive adoption of Bitcoin in a paticular sector (i,e, gambling, craigslist) there will not likely be long term investors. People only seem to understand stocks and currencies of which Bitcoin is really neither. Currencies are subject to unpredictable inflation, and stocks are subject to inside information. Bitcoin is being treated like an unknown quantity with fear and doubt. This is unjustified because it is based on math. Sure there are unknown factors, but the chance of Bitcoin crashing are about the same as having a house-sized meteorite fall on your head. This game of buying and selling for short term profits will end when some visionary investors around the world get educated about the power of math.


Title: Re: $60
Post by: molecular on March 20, 2013, 12:14:20 PM
Until there is a massive adoption of Bitcoin in a paticular sector (i,e, gambling, craigslist) there will not likely be long term investors. People only seem to understand stocks and currencies of which Bitcoin is really neither. Currencies are subject to unpredictable inflation, and stocks are subject to inside information. Bitcoin is being treated like an unknown quantity with fear and doubt. This is unjustified because it is based on math. Sure there are unknown factors, but the chance of Bitcoin crashing are about the same as having a house-sized meteorite fall on your head. This game of buying and selling for short term profits will end when some visionary investors around the world get educated about the power of math.

We should organize a workshop/seminar, in some expensive ski resort or something, with a hefty entrance fee of something like $25,000. Make it invite-only. Seed some rumors Satoshi might show up.


Title: Re: $60
Post by: cbeast on March 20, 2013, 12:27:02 PM
Until there is a massive adoption of Bitcoin in a paticular sector (i,e, gambling, craigslist) there will not likely be long term investors. People only seem to understand stocks and currencies of which Bitcoin is really neither. Currencies are subject to unpredictable inflation, and stocks are subject to inside information. Bitcoin is being treated like an unknown quantity with fear and doubt. This is unjustified because it is based on math. Sure there are unknown factors, but the chance of Bitcoin crashing are about the same as having a house-sized meteorite fall on your head. This game of buying and selling for short term profits will end when some visionary investors around the world get educated about the power of math.

We should organize a workshop/seminar, in some expensive ski resort or something, with a hefty entrance fee of something like $25,000. Make it invite-only. Seed some rumors Satoshi might show up.

I absolutely agree. At the very least there should be a TED talk.


Title: Re: $60
Post by: Piper67 on March 20, 2013, 12:38:51 PM
Until there is a massive adoption of Bitcoin in a paticular sector (i,e, gambling, craigslist) there will not likely be long term investors. People only seem to understand stocks and currencies of which Bitcoin is really neither. Currencies are subject to unpredictable inflation, and stocks are subject to inside information. Bitcoin is being treated like an unknown quantity with fear and doubt. This is unjustified because it is based on math. Sure there are unknown factors, but the chance of Bitcoin crashing are about the same as having a house-sized meteorite fall on your head. This game of buying and selling for short term profits will end when some visionary investors around the world get educated about the power of math.

We should organize a workshop/seminar, in some expensive ski resort or something, with a hefty entrance fee of something like $25,000. Make it invite-only. Seed some rumors Satoshi might show up.

I absolutely agree. At the very least there should be a TED talk.

TED was cold to Bitcoin back at $7... maybe they've changed their tune now  :D


Title: Re: $60
Post by: cbeast on March 20, 2013, 12:40:36 PM
Until there is a massive adoption of Bitcoin in a paticular sector (i,e, gambling, craigslist) there will not likely be long term investors. People only seem to understand stocks and currencies of which Bitcoin is really neither. Currencies are subject to unpredictable inflation, and stocks are subject to inside information. Bitcoin is being treated like an unknown quantity with fear and doubt. This is unjustified because it is based on math. Sure there are unknown factors, but the chance of Bitcoin crashing are about the same as having a house-sized meteorite fall on your head. This game of buying and selling for short term profits will end when some visionary investors around the world get educated about the power of math.

We should organize a workshop/seminar, in some expensive ski resort or something, with a hefty entrance fee of something like $25,000. Make it invite-only. Seed some rumors Satoshi might show up.

I absolutely agree. At the very least there should be a TED talk.

TED was cold to Bitcoin back at $7... maybe they've changed their tune now  :D
I nominate Max Keiser to do the TED talk.  ;D


Title: Re: $60
Post by: Piper67 on March 20, 2013, 12:44:27 PM
Until there is a massive adoption of Bitcoin in a paticular sector (i,e, gambling, craigslist) there will not likely be long term investors. People only seem to understand stocks and currencies of which Bitcoin is really neither. Currencies are subject to unpredictable inflation, and stocks are subject to inside information. Bitcoin is being treated like an unknown quantity with fear and doubt. This is unjustified because it is based on math. Sure there are unknown factors, but the chance of Bitcoin crashing are about the same as having a house-sized meteorite fall on your head. This game of buying and selling for short term profits will end when some visionary investors around the world get educated about the power of math.

We should organize a workshop/seminar, in some expensive ski resort or something, with a hefty entrance fee of something like $25,000. Make it invite-only. Seed some rumors Satoshi might show up.

I absolutely agree. At the very least there should be a TED talk.

TED was cold to Bitcoin back at $7... maybe they've changed their tune now  :D
I nominate Max Keiser to do the TED talk.  ;D

Not sure if serious... but that would have to be the worst fit in the history of TED  ;D


Title: Re: $60
Post by: cbeast on March 20, 2013, 12:53:53 PM
Until there is a massive adoption of Bitcoin in a paticular sector (i,e, gambling, craigslist) there will not likely be long term investors. People only seem to understand stocks and currencies of which Bitcoin is really neither. Currencies are subject to unpredictable inflation, and stocks are subject to inside information. Bitcoin is being treated like an unknown quantity with fear and doubt. This is unjustified because it is based on math. Sure there are unknown factors, but the chance of Bitcoin crashing are about the same as having a house-sized meteorite fall on your head. This game of buying and selling for short term profits will end when some visionary investors around the world get educated about the power of math.

We should organize a workshop/seminar, in some expensive ski resort or something, with a hefty entrance fee of something like $25,000. Make it invite-only. Seed some rumors Satoshi might show up.

I absolutely agree. At the very least there should be a TED talk.

TED was cold to Bitcoin back at $7... maybe they've changed their tune now  :D
I nominate Max Keiser to do the TED talk.  ;D

Not sure if serious... but that would have to be the worst fit in the history of TED  ;D
I actually believe Max can put on his game face, especially if Stacy Herbert is with him. It would be funny as hell if he did throw one of his trademarked fits.


Title: Re: $60
Post by: nsfsj on March 20, 2013, 01:01:30 PM
Until there is a massive adoption of Bitcoin in a paticular sector (i,e, gambling, craigslist) there will not likely be long term investors. People only seem to understand stocks and currencies of which Bitcoin is really neither. Currencies are subject to unpredictable inflation, and stocks are subject to inside information. Bitcoin is being treated like an unknown quantity with fear and doubt. This is unjustified because it is based on math. Sure there are unknown factors, but the chance of Bitcoin crashing are about the same as having a house-sized meteorite fall on your head. This game of buying and selling for short term profits will end when some visionary investors around the world get educated about the power of math.

We should organize a workshop/seminar, in some expensive ski resort or something, with a hefty entrance fee of something like $25,000. Make it invite-only. Seed some rumors Satoshi might show up.

I absolutely agree. At the very least there should be a TED talk.

TED was cold to Bitcoin back at $7... maybe they've changed their tune now  :D
I nominate Max Keiser to do the TED talk.  ;D

Not sure if serious... but that would have to be the worst fit in the history of TED  ;D
I actually believe Max can put on his game face, especially if Stacy Herbert is with him. It would be funny as hell if he did throw one of his trademarked fits.

A much better fit to speak at TED (about Bitcoin that is) would be https://twitter.com/Falkvinge. Although many of his political views are debatable, he is a good speaker and he at least sounds objective.


Title: Re: $60
Post by: marhjan on March 20, 2013, 01:02:21 PM
If it weren't for proudhon and evolve, the speculation forum would be a lot more boring. Really, it would breakdown into bulls vs more bullish bulls with pictures of rockets flying all over the place. We should thank them for their tireless efforts to provide a counterargument. It's gotta be tough.

I am acutely aware that Proudhon, Evolve and Electric Mucus are the "senior bears" around bitcointalk, but I try to do my part.  And yes, at times, it is quite difficult.  I have seen SO MANY bubbles in my time though and really we are well past due for a rather major snapback correction.  SOMEONE has to say it...   *whistles past the graveyard and tilts at windmills*


Title: Re: $60
Post by: Zangelbert Bingledack on March 20, 2013, 02:28:52 PM
Erik Voorhees for the TED talk. He's always on point, and seems good at PR as well.


Title: Re: $60
Post by: jubalix on March 20, 2013, 02:47:29 PM
Until there is a massive adoption of Bitcoin in a paticular sector (i,e, gambling, craigslist) there will not likely be long term investors. People only seem to understand stocks and currencies of which Bitcoin is really neither. Currencies are subject to unpredictable inflation, and stocks are subject to inside information. Bitcoin is being treated like an unknown quantity with fear and doubt. This is unjustified because it is based on math. Sure there are unknown factors, but the chance of Bitcoin crashing are about the same as having a house-sized meteorite fall on your head. This game of buying and selling for short term profits will end when some visionary investors around the world get educated about the power of math.

We should organize a workshop/seminar, in some expensive ski resort or something, with a hefty entrance fee of something like $25,000. Make it invite-only. Seed some rumors Satoshi might show up.

There is no such thing as insider trading, as they cannot know the future with certainty either, infact insider trading is better allocation of resources faster



Title: Re: $60
Post by: molecular on March 20, 2013, 06:11:33 PM
Until there is a massive adoption of Bitcoin in a paticular sector (i,e, gambling, craigslist) there will not likely be long term investors. People only seem to understand stocks and currencies of which Bitcoin is really neither. Currencies are subject to unpredictable inflation, and stocks are subject to inside information. Bitcoin is being treated like an unknown quantity with fear and doubt. This is unjustified because it is based on math. Sure there are unknown factors, but the chance of Bitcoin crashing are about the same as having a house-sized meteorite fall on your head. This game of buying and selling for short term profits will end when some visionary investors around the world get educated about the power of math.

We should organize a workshop/seminar, in some expensive ski resort or something, with a hefty entrance fee of something like $25,000. Make it invite-only. Seed some rumors Satoshi might show up.

I absolutely agree. At the very least there should be a TED talk.

TED was cold to Bitcoin back at $7... maybe they've changed their tune now  :D
I nominate Max Keiser to do the TED talk.  ;D

FUCK YEAH! He could burn some FIAT on stage.

EDIT: I'm for Rick. For anybody who has missed his talk in Prague, it's truly inspiring: http://www.youtube.com/watch?v=mjmuPqkVwWc


Title: Re: $60
Post by: Vladimir on March 20, 2013, 06:13:55 PM
We should organize a workshop/seminar, in some expensive ski resort or something, with a hefty entrance fee of something like $25,000. Make it invite-only. Seed some rumors Satoshi might show up.

YES. Do it on Cyprus.

If you think of it. The next Bitcoin conference shall be on Cyprus too.


Title: Re: $60
Post by: molecular on March 20, 2013, 06:22:34 PM
We should organize a workshop/seminar, in some expensive ski resort or something, with a hefty entrance fee of something like $25,000. Make it invite-only. Seed some rumors Satoshi might show up.

YES. Do it on Cyprus.

If you think of it. The next Bitcoin conference shall be on Cyprus too.


The next one I know of will be in Vienna: http://unsystem.net


Title: Re: $60
Post by: Mageant on March 20, 2013, 06:32:37 PM
Nearly 65$ already.
 8)


Title: Re: $60
Post by: Mushoz on March 20, 2013, 06:36:24 PM
Erik Voorhees for the TED talk. He's always on point, and seems good at PR as well.

+21,000,000


Title: Re: $60
Post by: Spaceman_Spiff on March 20, 2013, 06:38:53 PM
Erik Voorhees for the TED talk. He's always on point, and seems good at PR as well.

+21,000,000

+1, the man understands bitcoin and economy.


Title: Re: $60
Post by: cbeast on March 21, 2013, 02:32:51 PM
Jon Matonis would be my second choice after Keiser. Vorhees definitely knows about Bitcoin and has an educational background, but while he articulates the Bitcoin idea well, he lacks the experiential base to communicate the message to a wider audience.