Bitcoin Forum

Economy => Speculation => Topic started by: dedcoin on February 07, 2014, 03:03:47 PM



Title: and the weekend is here, up?
Post by: dedcoin on February 07, 2014, 03:03:47 PM
Price rallied during every recent weekends.
Wondering what will happen during this weekend after this hard correction.


Title: Re: and the weekend is here, up?
Post by: Richard Branson on February 07, 2014, 03:09:53 PM
Price rallied during every recent weekends.
Wondering what will happen during this weekend after this hard correction.

Date Registered:    January 12, 2014, 12:30:40 PM

"every recent weekend" ... yeah that's a long time  ;D


Title: Re: and the weekend is here, up?
Post by: dedcoin on February 07, 2014, 03:31:34 PM
Price rallied during every recent weekends.
Wondering what will happen during this weekend after this hard correction.

Date Registered:    January 12, 2014, 12:30:40 PM

"every recent weekend" ... yeah that's a long time  ;D

Says the Fake Branson. Date Registered:   November 23, 2013, 07:08:32 PM

But we both know that this is not a measure, right ? ;)

Why don't we all we start updating the signatures with what really matters.



Title: Re: and the weekend is here, up?
Post by: jamesc760 on February 07, 2014, 04:05:03 PM
 I think we are in a prolonged period of slow up and down phase. We just had a correction due to Mt Gox's death throes, painful to watch but inevitable and positive in the long term for bitcoin. Apple's decision to pull the blockchain wallet app from its App Store had a negative impact on the price as well, I just don't know how much.

Just think: In February 2013, you could've bought a whole bitcoin for, what, $10? We are at over $700 now. In 2015, We all will be marveling at HOW CHEAP bitcoins were back in February 2014.


Title: Re: and the weekend is here, up?
Post by: wobber on February 07, 2014, 04:07:51 PM
I sais: Date Registered:    June 12, 2010, 08:27:53 PM


Title: Re: and the weekend is here, up?
Post by: dedcoin on February 07, 2014, 04:11:09 PM
I think we are in a prolonged period of slow up and down phase. We just had a correction due to Mt Gox's death throes, painful to watch but inevitable and positive in the long term for bitcoin. Apple's decision to pull the blockchain wallet app from its App Store had a negative impact on the price as well, I just don't know how much.

Just think: In February 2013, you could've bought a whole bitcoin for, what, $10? We are at over $700 now. In 2015, We all will be marveling at HOW CHEAP bitcoins were back in February 2014.

I am a Long term bull, though not a big fan of log trends. I think the technology, if it survives, will still take few years to get the much needed adoption.


Title: Re: and the weekend is here, up?
Post by: podyx on February 07, 2014, 04:13:27 PM
I think we are in a prolonged period of slow up and down phase. We just had a correction due to Mt Gox's death throes, painful to watch but inevitable and positive in the long term for bitcoin. Apple's decision to pull the blockchain wallet app from its App Store had a negative impact on the price as well, I just don't know how much.

Just think: In February 2013, you could've bought a whole bitcoin for, what, $10? We are at over $700 now. In 2015, We all will be marveling at HOW CHEAP bitcoins were back in February 2014.
its pretty crazy that it was $10 just 1 year ago yea

amazing what a year can do


Title: Re: and the weekend is here, up?
Post by: JimboToronto on February 07, 2014, 04:35:46 PM
Don't assume that those who have only recently joined the forum are new to Bitcoin, or even Bitcointalk.

Some may be long-time lurkers or people who have changed their member names (e.g. Jaro/Walso).

That said, every major rally does seem to bring a spike in new members.

In my observation, many noobs tend to be attracted to trading. I suspect that is what brought them to Bitcoin in the first place, the opportunity to trade in something that has already exhibited rapid growth.

Many veterans, on the other hand, seem to be more involved in Bitcoin itself and the cryptography, economics and networking aspects involved.

I would hazard to guess that the percentage of noobs who are miners is smaller than the percentage of veterans who mine.

It's not surprising that many noobs are bears and many veterans are bulls. Luckily with time, most noobs will grow up and become veterans.


Title: Re: and the weekend is here, up?
Post by: MatTheCat on February 07, 2014, 04:40:50 PM
It's not surprising that many noobs are bears and many veterans are bulls. Luckily with time, most noobs will grow up and become veterans.

Jimbo Toronto @ $950: "Bull Bull Bull Bull(shit)"

Jimbo Toronto @ $850: "Bull Bull Bull Bull(shit)"

Jimbo Toronto @ $800: "Bull Bull Bull Bull(shit)"

Jimbo Toronto @ $720: "Bull Bull Bull Bull(shit)"

I see a pattern here. The same old bullshit from you time and time again except the price keeps getting smaller.



Title: Re: and the weekend is here, up?
Post by: boumalo on February 07, 2014, 04:57:32 PM
Price rallied during every recent weekends.
Wondering what will happen during this weekend after this hard correction.

I plan on buying a bit in the next week or two so I don't mind a small correction, that could be healthy

Adoption is getting in place, each day a lot of new people hear about Bitcoin and most of them are really interested to know more. A technology is nothing without a user friendly experience and we are not there yet.
BTC's price will increase exponentially when the dollar will crash and when the FE.D will increase QE and everyone flees the dollar, the goal is to enter gold and bitcoin before that happens, we may have a few months left before it happens, maybe more but it will happen