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Title: Looks like a new bubble is coming Post by: wopwop on July 31, 2013, 08:53:21 AM Are you guys ready ?? :)
Title: Re: Looks like a new bubble is coming Post by: Kazimir on July 31, 2013, 09:21:04 AM Nope, looks like a new correction is coming. Upwards, that is. And yes I'm ready. Still got way too many euros on my hands that I need to get rid of, now that they're still priced high (like 0.0125BTC each or something).
Title: Re: Looks like a new bubble is coming Post by: AceCoin on July 31, 2013, 09:56:44 AM Title: Re: Looks like a new bubble is coming Post by: Kluge on July 31, 2013, 10:04:21 AM All-in long on this one.
Go yellow! :) Title: Re: Looks like a new bubble is coming Post by: Serge on July 31, 2013, 10:06:29 AM are you suggesting that it's going to pop some time soon?
Title: Re: Looks like a new bubble is coming Post by: AceCoin on July 31, 2013, 10:14:49 AM but this time i don't understand to what is related this growth
Title: Re: Looks like a new bubble is coming Post by: No_2 on July 31, 2013, 10:17:49 AM but this time i don't understand to what is related this growth Could be the Cyprus crisis is back in the headlights: https://bitcointalk.org/index.php?topic=264247.0 (https://bitcointalk.org/index.php?topic=264247.0) Title: Re: Looks like a new bubble is coming Post by: freedomno1 on July 31, 2013, 10:24:40 AM observes but very possibly it could occur upward
Title: Re: Looks like a new bubble is coming Post by: Serge on July 31, 2013, 10:25:29 AM but this time i don't understand to what is related this growth venture capital, more serious interest and of course drama over small unknown Thai exchange and their interpretation of BoT advisement to them, oh yeah and the pirate ponzi case and asic miners i would think less forward selling their coins right away Title: Re: Looks like a new bubble is coming Post by: Itcher on July 31, 2013, 10:26:20 AM Inside Bitcoin Conference yesterday?
Title: Re: Looks like a new bubble is coming Post by: Kluge on July 31, 2013, 10:36:06 AM but this time i don't understand to what is related this growth Making a move on news just helps non-traders think it's organic. "News," for the most part, is inconsequential, and there's so much news, if you really want an "explanation," you could find just about anything and point to it. The movement itself is the real news, and it doesn't really matter whether or not it was triggered by one guy making a big bet, because now everyone's diverting their attention to Bitcoin trading.Unconfirmed reports of two men spitting fire on Ben Yehuda St. O look, it's a sign from God! It's the apocalypse! Unconfirmed reports of Thailand Central Bank declaring Bitcoin outlawed. O look, it's a sign from Gox! It's the apocalypse! Title: Re: Looks like a new bubble is coming Post by: AceCoin on July 31, 2013, 11:39:32 AM maybe is for this:
29 july 2013 http://www.rte.ie/news/business/2013/0729/465281-cyprus-deposits/ "depositors at the country's largest bank will lose 47.5% of their savings over the €100,000 insurance limit" "Restrictions on money withdrawals and transfers were imposed for all banks to head off a run on the institutions" Title: Re: Looks like a new bubble is coming Post by: franky1 on July 31, 2013, 12:15:27 PM also to add while ASIC miners were selling off their 1.6BTC a day mining income for $90/btc($144) quite happily, knowing they are getting an income higher then national minimum wage per week.
miners are now seeing difficulty jumps and beginning to hoard or at least rethink a fair value for their coins. along with the remaining GPU farmers and those eager investors in spring time that got coins for over $200, they will all start to put a minimal sale price in mind of $120 upwards. .............possibly speculation can be anything if it sounds plausible Title: Re: Looks like a new bubble is coming Post by: Jbanna on July 31, 2013, 02:14:44 PM Inside Bitcoin Conference yesterday? i was there. wasn't that interesting.if anything it made price rise slower than it would have. lol Title: Re: Looks like a new bubble is coming Post by: lonestranger on July 31, 2013, 02:35:18 PM Jbanna,
could you give more detail on the conference? Presentations? Conversations? Attendees? Title: Re: Looks like a new bubble is coming Post by: Raize on July 31, 2013, 02:42:53 PM miners are now seeing difficulty jumps and beginnng to hoard or atleast rethink a fair value for their coins. For myself, this is pretty much spot on. Title: Re: Looks like a new bubble is coming Post by: BitChick on July 31, 2013, 04:01:20 PM miners are now seeing difficulty jumps and beginnng to hoard or atleast rethink a fair value for their coins. For myself, this is pretty much spot on. Since there really is nothing that newsworthy that would be causing the bump right now from what it appears, this seems the most likely cause. Title: Re: Looks like a new bubble is coming Post by: XXthetimeisnowXX on July 31, 2013, 04:05:36 PM dropping like a rock. im out, ill wait for it to stabilize around 101? then get back in.
Title: Re: Looks like a new bubble is coming Post by: vokain on July 31, 2013, 04:07:29 PM dropping like a rock. im out, ill wait for it to stabilize around 101? then get back in. curious thing, if the cause of the rise was related to fears of gox USD insolvency, why would people sell back into gox? i think this is just a normal retracement after jumping up to 111 from being below 100 for so long |
