Bitcoin Forum

Economy => Speculation => Topic started by: Bit_Happy on April 01, 2014, 07:10:35 AM



Title: Bitcoin going up forever?
Post by: Bit_Happy on April 01, 2014, 07:10:35 AM
Bitcoin is rallying now.
This is a parody of the Bearish threads.

Bitcoin will be going up forever.  :D
$780 within 3 weeks?
What do you think?


Title: Re: Bitcoin going up forever?
Post by: BiteMyShinyMetalAss on April 01, 2014, 07:21:45 AM
HODL!


Title: Re: Bitcoin going up forever?
Post by: GigaCoin on April 01, 2014, 07:36:37 AM
Yes looks like a strong rally brewing one of those no looking back types. Statements from xhina exchanges assuring customers that there is no ban YET is bringing back confidence

Personally I haven't purchased any coins in this downtrend as I already purchased what I considered enough is the last time we hit $400


Title: Re: Bitcoin going up forever?
Post by: Cassius on April 01, 2014, 07:42:23 AM
Yes looks like a strong rally brewing one of those no looking back types. Statements from exchanged assuring customers that there is no ban YET is bringing back confidence

Personally I haven't purchased any coins in this downtrend as I already purchased what I considered enough is the last time we hit $400

Hi have read a confirmed report on a 5-hour-old website that PBOC is definitely planning on replacing the Yuan with bitcoin.
This will happen by next month. Reddit confirms it.
Buy now and HODL and you will be a bitcoin billionaire by May.


Title: Re: Bitcoin going up forever?
Post by: TERA on April 01, 2014, 07:50:06 AM
There is a trendline you can draw on the logarithmic chart based on an average of all prices, in which the price is increasing at a rate of approximately 10x per year. This clearly means that you can extend this line into the future and that bitcoin will continue to appreciate at an average of 10x per year.  That means that prices will likely be at $5,000 in one year, $50,000 in two years, $500,000 in three years, $5,000,000 in four years, and $50,000,000 in five years, etc. Prices will continue to go up like this forever and ever. This is the logic of bitcoin bulls and it is undeniable. How could you not buy?


Title: Re: Bitcoin going up forever?
Post by: Pruden on April 01, 2014, 07:53:01 AM
You're wrong, TERA, on the logarithmic chart the trendline is exponential, the springback to catch up with it is going to be spectacular. 100 000$ by May!


Title: Re: Bitcoin going up forever?
Post by: BiteMyShinyMetalAss on April 01, 2014, 08:13:49 AM
Sold my underwear sold my dog, my wife - bought bitcoin!


Title: Re: Bitcoin going up forever?
Post by: BitcoinBaBa on April 01, 2014, 08:25:20 AM
To the moon and beyond! :D


Title: Re: Bitcoin going up forever?
Post by: dreamspark on April 01, 2014, 08:42:33 AM
Not quite that high but a small rally has been brewing for weeks, even if its a chance to make some profit on $440 dollar coins thats all good with me.


Title: Re: Bitcoin going up forever?
Post by: coinnewbit on April 01, 2014, 08:45:51 AM
Yes looks like a strong rally brewing one of those no looking back types. Statements from exchanged assuring customers that there is no ban YET is bringing back confidence

Personally I haven't purchased any coins in this downtrend as I already purchased what I considered enough is the last time we hit $400

Hi have read a confirmed report on a 5-hour-old website that PBOC is definitely planning on replacing the Yuan with bitcoin.
This will happen by next month. Reddit confirms it.
Buy now and HODL and you will be a bitcoin billionaire by May.
Could you link your sources? Sounds crazy that china would replace yuan with bitcoin


Title: Re: Bitcoin going up forever?
Post by: Zule on April 01, 2014, 08:53:35 AM
Yes looks like a strong rally brewing one of those no looking back types. Statements from exchanged assuring customers that there is no ban YET is bringing back confidence

Personally I haven't purchased any coins in this downtrend as I already purchased what I considered enough is the last time we hit $400

Hi have read a confirmed report on a 5-hour-old website that PBOC is definitely planning on replacing the Yuan with bitcoin.
This will happen by next month. Reddit confirms it.
Buy now and HODL and you will be a bitcoin billionaire by May.
Could you link your sources? Sounds crazy that china would replace yuan with bitcoin
Confirmed


Title: Re: Bitcoin going up forever?
Post by: Cassius on April 01, 2014, 08:55:46 AM
Yes looks like a strong rally brewing one of those no looking back types. Statements from exchanged assuring customers that there is no ban YET is bringing back confidence

Personally I haven't purchased any coins in this downtrend as I already purchased what I considered enough is the last time we hit $400

Hi have read a confirmed report on a 5-hour-old website that PBOC is definitely planning on replacing the Yuan with bitcoin.
This will happen by next month. Reddit confirms it.
Buy now and HODL and you will be a bitcoin billionaire by May.
Could you link your sources? Sounds crazy that china would replace yuan with bitcoin

I got it from 1april.com


Title: Re: Bitcoin going up forever?
Post by: southerngentuk on April 01, 2014, 09:14:51 AM
Yes looks like a strong rally brewing one of those no looking back types. Statements from exchanged assuring customers that there is no ban YET is bringing back confidence

Personally I haven't purchased any coins in this downtrend as I already purchased what I considered enough is the last time we hit $400

Hi have read a confirmed report on a 5-hour-old website that PBOC is definitely planning on replacing the Yuan with bitcoin.
This will happen by next month. Reddit confirms it.
Buy now and HODL and you will be a bitcoin billionaire by May.
Could you link your sources? Sounds crazy that china would replace yuan with bitcoin

I got it from 1april.com
^^^^ Confirmed


Title: Re: Bitcoin going up forever?
Post by: Bit_Happy on April 01, 2014, 10:04:42 PM
Today's high = $500+
Still going up.  :)


Title: Re: Bitcoin going up forever?
Post by: Chalkbot on April 01, 2014, 10:05:59 PM
I think the official announcement today out of China that all banks must only use bitcoin is driving this rally.


Title: Re: Bitcoin going up forever?
Post by: Bit_Happy on April 01, 2014, 10:19:10 PM
I think the official announcement today out of China that all banks must only use bitcoin is driving this rally.

Yuana make some money?
China story is old, the real Rally is starting soon.


Title: Re: Bitcoin going up forever?
Post by: Hyena on April 01, 2014, 10:24:09 PM
A second can last forever. just saying.


Title: Re: Bitcoin going up forever?
Post by: cosmofly on April 01, 2014, 10:25:01 PM
A second can last forever. just saying.

No it can't that's dumb


Title: Re: Bitcoin going up forever?
Post by: designfail on April 01, 2014, 10:37:11 PM

Bitcoin will be going up forever.  :D



even a prick cannot go up forever. it should go down sometimes.