Bitcoin Forum

bitcoin is going nowhere but up, for the following reasons:

old:
bitcoin will lift the unbanked of the third world from poverty
allows for remittance for poor immigrant workers with no middle man
consumers can rest easy knowing their money is safe from hackers, unlike credit card users at target, home depot, etc

new:
next halving will cause more demand for limited supply
billions of dollars of VC being invested every month
stock market plunging, world wide economic collapse seems imminent. people of the world will use bitcoin as a hedge.

http://www.czechpoint101.com/newsletter/wp-content/uploads/2010/09/Market_Sentiment_Cycles.jpg

according to my latest calculations, we are now at the "hope" stage, moon ship will come soon.

better listen and buy bitcoin, you have been warned since $275!

I agree. With mass adoption now beginning, and the major asset managers pouring billions into btc funds and vc, 25k usd/btc is guaranteed by Q1 2015. Now is the time to put everything into coin.

Weak hands have been slaughtered and now nothing stops further adoption :)

tree-fiddy? ... I'm still firmly depressed!

Are you serious?  This is the most pathetic low volume rally I've ever seen.  It pretty much hit the previous all time high of 266 and there is not much of a rally.  GTFO.

Big things have small beginnings.  :-*

Drop your false pessimism and read the news!

http://www.reuters.com/article/2014/10/08/us-venezuela-bitcoin-idUSKCN0HX11O20141008?feedType=RSS&feedName=technologyNews (http://www.reuters.com/article/2014/10/08/us-venezuela-bitcoin-idUSKCN0HX11O20141008?feedType=RSS&feedName=technologyNews)

Venezuelans are using bitcoin to bypass socialist currency controls! the world is finding out about bitcoin, what we've seen until now is the beta, 2015 will be the final product!

cut your fiat looses and convert to bitcoin before it's too late! you have been warned since $275!

Is price still on track of this chart?

well said riiising. IT IS TIME TO BUY GUYS!

We're in the depression phase going up to hope.
Some of us are already getting to relief :)

Where exactly are these billions of VC dollars being invested into every month? I doubt bitcoin would do me much good in the face of an economic collapse unless it was already widely accepted for transactions.

Time to buy now or never.... I have bought back some BTC that I sold :)

I keep around 100 coins for trading and have fully bought back in again as well.

Just a shout-out and props to chessnut:

https://bitcointalk.org/index.php?topic=812637.0

This thread has served me very well over the last few days

I already bought yesterday. Now let's hope for the best...  :-X

but where is demand coming from?  are there actually more bitcoiners than last year?

If the number of addresses is any guide then yes. On a more anecdotal level I know several people who are now involved in BTC who were not involved prior to March.

It's is of no statistical value but I've already had 2 people in my social circle and a collegue at work inquiring about buying bitcoin the last week. They've first heard about it little over a year ago and are starting to look into buying at these prices. Keep a close eye on google trends, it seems like the interest is starting to rise again.

Yeah I wondered if now is a good time to buy!  Probably is!

What makes you think that was the bottom?

I went all-in at $300,-
Thank god for that huge sell wall on Stamp. ;D

I approve of this thread until I sell my BTC. Then I will go join the falling thread until I buy BTC. Then I will come back here and repeat!


Volume has been the highest it has been in over 6 months. Not exactly sure how you are quantifying pathetic low volume.

dropping my last 10k into coins this week. Then gonna sit back spark a blunt and watch my money make money.

wise decision. the smartest move would have been to buy near the bottom on October 8 when we proclaimed our first urgent update, as you would now be sitting in very handsome profits. but it is still not too late to cut your fiat looses and buy bitcoin, as there is much upside remaining.

note to all: you have been warned since $275. should have listened to riiiiiising!

He stated his reasons in the OP, although they don't seem to be valid.