Bitcoin Forum

Bears out there, what would turn you into a bull? Perhaps a certain news headline, significant world event, or T/A event?

Discuss

http://www.youtube.com/watch?v=A7TuFy0fcuw

Probably Lithium or Thorazene ...they love to wallow in negativity ... :D

Maybe when their government currencies fail and they have to use bitcoins.

They will still complain though and say that government currencies were the reason for the good ol' days. That bitcoin ruined all of that.

1W MACD crossing will definitely do..

All major Chinese exchanges being shut down. No more China FUD.

This is a sure signal for the uber bears and people who managed to sell near the very top in november. Bears from ~$600 could end up buying back with a loss if they wait for this signal.

Simple. Break all the upward trendlines on higher volume with a retest of the trendlines as support + some fundamental indicators that suggest that there is a steady supply of fiat going to be coming into the exchanges short and intermediate term.

Then I am all in like Flynn.

When 'government currencies fail', there will be an apocalypse, you will have much more to worry about than money/investing, and bitcoin will not save you. Nobody should be hoping for this - be careful what you wish for.

People in Zimbabwe would beg to differ.

I think when we're talking about USD, that is significantly different because USD is basically the reserve currency of the entire world.

In other words, a ban?  ;D

A breach of the lines crossing now at 453 and 477 on Bitstamp would make me stop opening shorts.
A breach of the last high of 548 would make me go long strongly. Probably, would jump in with some quantities before that at 507 and possibly at 480-485.

At gunpoint. Saddam wanted to trade oil in euro and had his country illegally invaded and hundreds of thousands of civilians killed. Gaddafi wanted a gold based economy and was executed in the middle of the street in broad daylight.

Thing is, the US economy is declining. A day will come where it is not possible to pay for all those shiny guns, and then there will be a reckoning. It may end up feeling like a salvation rather than the 'pokalypse.

Agree and TERA may as well. The point is that when that day comes Bitcoin likely wont be the savoir

Satoshi announcing himself to the world :D

If I see indicators that fresh investors are flocking in to buy BTC I'd turn bullish. Not the same hodlers crying that BTC is cheap and to get in before it's too late type of investors. I mean new people who read about it and decide to invest a little. I remember in early 2013 there were lots of new users here asking how to buy some btc and investment strategies. It does seem that trend has slowed down significantly in 2014 after our meteoric rise from $85.

Bitcoin is the only free market in the world. If it is worth enough to keep the economy running once fiat fails, then it will keep the economy running.

An obvious outcry for freedom and democracy.  Keep talking while I gas up muh drone.

http://s3.postimg.org/6epf3kbj7/Capture.jpg

April 2013 lol.

That guy mus be so sad he sold all his bitcoin in april 2013.

If Bitpay, Coinbase and Secondmarket imploded gox style, then after the fallout settles I'd be a bull.

proudhon is the poster child for Depression ... 8)

So basically you are after $25-40 coins ?

no

To elaborate I don't really care about the price, I just think it would be hilarious if they go under since they are the smuggest idiots still left. At this point what's left might be tolerable, but who knows.

The only thing that would be even better if the if the winkledouches get arrested or Risto turns his Bitcoin Manison into an alternative medicine mental hospital. (actually I like both they're funny)
What I can't stand is this pseudo corporatist attitude present in these endeavors, and I'm quite sure many people here share my feelings, they just don't like to be alienated.
I have no problem with the buy and hold or even the pump & dump crowd, but the those "companies" should get what's coming for them. (I have little problems with other endeavors, the ones which don't really need those other 3 to survive at least.)

What's coming to them is money. Why is this a problem to you?

That's not my problem, I just don't like to get scammed.

More specific?

"what would it take for me to become a bull?"
hehe, nice question. I'm not exactly "your average bear" but I am not especially bullish for perhaps the next couple months...

http://i58.tinypic.com/2j2spyx.jpg

that's a virtex chart I posted last week, if we break above that line and hold above it for a week or so, then I would still be cautious.

I can't remember why I came up with my target, but until we hold above 620 (CAD on virtex) for more than 24 hours I still consider us to be deep in the woods.

no technical backing at all, just my thoughts, take them with a grain of salt, they're tastier that way ;)

I have a feeling that perhaps he didn't sell all his coins back then.

I wouldn't shed any tears for proudhon, I get the feeling he's doing just fine.

still the only bitcointalk member that I know of that has had a song written about him. (other than satoshi of course.)

Proudhon was playing a bear. He is a long time bull.

https://bitcointalk.org/index.php?topic=191410.0

when my mobile phone/PC can "mine" my bitcoin transactions

It already can. Since the beginning, in fact. Or was that some sort of joke?

Why would a currency failing cause an apocalypse? Currencies have failed plenty of times throughout history and we've yet to see an apocalypse. All that would happen is that our economy would suffer and we would probably end up switching to a new currency, like Brazil in the 90s (the Real Plan)

Never mind that the collapse of any hard currency is far from imminent, even the euro (the best candidate) is still alive and kicking, having made recently new yearly highs to the USD. It might end bad, but you can rest assure it won't collapse without a hard fight that will take a few years more.

Hey, you found your self a riddle, not a hard one I give you that.

Earthlings don't know apocalypses happen every day.

http://i1.ytimg.com/vi/7ql3z3foLmE/hqdefault.jpg

Good... Good.