Bitcoin Forum

february should be interesting.

can you confirm that?

confirmed.

i like your reasoning considering that january is sort of over, and the next 28 days are called february.   ;D

edit:grin

i figured he left out the reasons because they have been covered in detail already. we all knew january would be stagnet do to down pressure from both china, and consolidation from last bubble. the down pressure from china has been known that it will end on jan 31 since december. we dont KNOW consolidation from last bubble has ended, but it appears the winklevii trust is making good progress in the last week and that would easily end the consolidation period and likely start a new bull run.
and then theres the fact that bitcoin is on tv more every day and the media exposure is going to help a TON.

people have to hear about something on average 11 times before they will put serious thought into something. it took me seeing bitcoin for about 3-5 months to take note of it, and it took till a real life person asked me about it to become serious. now i wish i had gotten on in <11 notices =)

Yeah, maybe, but don't be too disappointed if it stays about the same. I think this consolidation could go on for a few more months, in a somewhat worst case scenario.

I think it might not be until we get the regulatory guidelines in the U.S. that greenlight bitcoin investments, startups, and exchanges and then see the influx of new capital from that, before we start moving again.

There are many bitcoin investments, startups, and exchanges in the U.S. already.  How would a regulatory "green light" help then?

The only regulation that bitcoin will accept is the regulation inherent in its code.  Anything else is damage to be routed around.

+1

after 1. February and no China crash it looks definitely positive.

And we all know there will be a rise again and the next exponential train will bring us to 5k +.

The first wall street buyer will benefit a lot.

Wow. You don't see the same intermediate term future for bitcoin as I do. I see a U.S. exchange based in New York, sanctioned by regulators rules in that state and funded and backed by $10's of millions in VC. I see this exchange becoming the immediate center of non-Chinese trading. I see that exchange signaling competing and fully licensed and sanctioned exchanges in London and other business centers in the world.

I see at least 1 or 2 major U.S. banks becoming bitcoin funding friendly, facilitating the N.Y. exchange as well as development in bitcoin payment processors.

I see an ETF coming online to allow direct and instant individual and institutional bitcoin investments at the point click of a laptop computer.

None of these things currently exists. "Exchanges" like Coinmkt are a joke in regards to the things I just outlined.

China still looks scary, because gov could shut the exchanges down at any day they want. But the longer they wait the less impact it will have on the price.

i doubt the blockchain will be so generous to offshoot

The exchanges are ultimately not that important. Even if every single one of them is shut down, even worldwide, trading will continue to happen from person to person. As more people start using bitcoins locally, I am transitioning to buying/selling lump sums on localbitcoins. It's faster, easier and arguably safer. Similar functionality could easily be built into wallets, and that is in fact being worked on at this moment.

this speculation threads gives u giggles  ???

How do we know this? And apparently China is accepting deposits in markets again: https://bitcointalk.org/index.php?topic=441635.0

I thought this news would've had a bigger impact.


I don't think giggles is the right word.

800 so calm

Very anticipation.




wow

Walsoraj can you dump like 5k coins on each of the big exchanges please, thank you