Bitcoin Forum

edited post:  I know some wanted to get some 400 coins again, but it recently broke the 500 and seems like its going up.  Maybe pumpers out weighed dumpers? Thoughts?
[I feel bullish]

To bull we need fresh money and good news. To bear we need no news or bad news. Where is the fresh money coming from with China out of the game? Seems we're bears for a while this time.

That depends, do you think Secondmarket is ready to blow up the same way every other Bitcoin venture in history did anytime soon?

Many more people are aware of bitcoin now but they haven't done anything about it. When the next bubble comes, these people will try to get in, thus fueling the rocket ride up past the moon. We don't need China at this point.

I think it will stay where it is for now until people can make up their mind about what they want to do.  I'd say it is our job to keep others informed that aren't as knowledgeable about what is going on and why things are the way they are.

No. Care to wager?

I'd rather just wait and keep some microwave popcorn at home. But I'm quite positive I'll have reason to eat it before it expires.

So there is my wager, sort of.

In my opinion, the propability of a turnaround is below 50%.
Also 500$ for some digital data is way overpriced in my eyes.

http://s10.postimg.org/d4yr0vy61/Untitled.png

your argument is invalid

lol
btw what site is that?  overstock?

That's bitcoinstore.com. Where we all purchase our electronics.  :)

Your argument is invalid. If BTC were at 50$, the BTC price of those gadgets would be 10x.

Your argument in invalid, If BTC were at 1000$, the BTC price of those gadgets would be 0.5x
But We are talking about current price not past or future.

Ps: aren't you talking about current buying price?  If BTC were at 50$, you will get 10x btc too..

bring up my post

Today it went above 500.  The pumpers seem to outweigh the dumpers  ;D
Will it continue to go up.  Maybe 550?  Or will it stay 490-510 range?

China is not out of the game.

+1

If anything China might actually still get into the game.
As far as I know it is not banned or illegal, the problem is decyphering the government information on bitcoin.

Give it a rest people. Nothing below 800 counts. Also I hate when people change the title of threads.

Yea, looks like I was a bit eager (sub 500 for now).  I thought the new title was similar to the older title @the thread change and I didn't want to make a new thread for this (kind of similar) topic.  What are your thoughts about this return to the 490-510 region?  Bearish or bullish?

Holy shit, I've never wanted to ignore anyone just for being dumb before, but you're really tempting me.

There are hundreds of billions of dollars/RMB from corruption that need to be secured/laundered, among many other reasons why Chinese will increasingly want Bitcoin.

China is extra fuel, and (correct) we don't need them now.
The BTC economy is growing fast; This is paradise compared to a few years ago.  :)

This, this, +1000.  The sanest post on this thread.

You other guys just don't get it.  In order for there to be a true rally, we first need to a) break the resistance @ 550 and then b) break 800.  Until then, no moon.