Bitcoin Forum

Economy => Speculation => Topic started by: codymanix on November 23, 2011, 01:14:02 PM



Title: How will the european bitcoin conference affect the price?
Post by: codymanix on November 23, 2011, 01:14:02 PM
Does anybody have an idea, how the the european bitcoin conference in Prague (Nov 25th-Nov 27th 2011) will affect the price?

Will it rise? Before or after this event?


Title: Re: How will the european bitcoin conference affect the price?
Post by: zhoutong on November 23, 2011, 01:31:45 PM
Does anybody have an idea, how the the european bitcoin conference in Prague (Nov 25th-Nov 27th 2011) will affect the price?

Will it rise? Before or after this event?


By convention, it should rise after the event, for half a year.


Title: Re: How will the european bitcoin conference affect the price?
Post by: codymanix on November 23, 2011, 01:36:58 PM
What do you mean by that? Was the last bitcoin conference in spring this year?
EDIT: I understand, you are shitting me. It is clear to me that nobody can predict if and what will happen.
But there were other big events like conventions around bitcoin in the past. What happened there?


Title: Re: How will the european bitcoin conference affect the price?
Post by: zhoutong on November 23, 2011, 02:18:34 PM
What do you mean by that? Was the last bitcoin conference in spring this year?
EDIT: I understand, you are shitting me. It is clear to me that nobody can predict if and what will happen.
But there were other big events like conventions around bitcoin in the past. What happened there?


I wasn't shitting you, LOL.

If Bitcoin Conference to Bitcoin is like Olympic Games to a country's stock market, most likely it will rise slowly for 6 months AFTER the event.


Title: Re: How will the european bitcoin conference affect the price?
Post by: slush on November 23, 2011, 02:25:01 PM
Looks like Czech TV will make short spot from Prague conference, depends on quality of footage it may be on the air in few weeks in economic news. There was pretty big feedback after first Bitcoin spot in Czech TV back in June and there's no reason to think it won't happen now again.


Title: Re: How will the european bitcoin conference affect the price?
Post by: BTCurious on November 23, 2011, 02:25:40 PM
I'm also wondering what the Dwolla announcement will do to the bitcoin value… Depends on the contents, of course :)


Title: Re: How will the european bitcoin conference affect the price?
Post by: julz on November 23, 2011, 07:51:07 PM
I expect roughly the same pattern as occurred around the New York bitcoin conference - except a bit more subdued as hopefully a little more realism has set in.
Slight anticipatory rise in price just before..  and a slight dip afterwards from disappointment that mainstream media didn't give exuberant coverage.

Ok.. this time we have a couple of bigger names in attendance, Max Keiser and Rick Falkvinge - so maybe there will be a little media attention, but I'm still not expecting a sharp boost to the price from this conference.


Title: Re: How will the european bitcoin conference affect the price?
Post by: wareen on November 23, 2011, 08:40:37 PM
The important thing is that this is another big step forward for the community and hopefully for the project as a whole. There's just so much yet to be done and this is a great opportunity to meet all the people involved, form alliances and get things going in general.

Price will follow sooner or later - no hurry :)