Bitcoin Forum

Yet another poll.  Can we see $5.5? ;D

you already said it wouldn't get there >:( ;)

wow, 10 out of 12 say it is possible! Up we go!

The days of buying bitcoin at $5.5 are numbered. All aboard the rally train!  ;D

Actually it should be far more likely to hit $7 today / tommorow.

Holy shit man, that's a bold claim there. ;D

Yeh, too bold. I don't think there is enough money in the market to get to $7.


Next week we'll be at $7 guaranteed

About to break 5.4!  Let's wait. It'll come within the next two hours, I think.

The real question is, how many will resist the urge to sell once it gets there.

Taking into account a few basic emotional factors. One can see there is indeed support for bitcoin. Additionally confidence is high as their has been no "issues" prior to last years fall.

Factor other small details like the road map for the Bitcoin client changes that will help with wallet security.
Upcoming services that will change the way average people do their retail purchase.
NFC (near filed communication ) offered with the new superphones and goggles new wallet system.
Even MasterCard upcoming swipe services.

And lest not forget how powerful a tool the IPhone can be for new tech adoption.

The reality of having bitcoin as a medium for day to day transactions seems far more plausible then last year.

However remember drink and speculate responsibly this holiday season. :P

there goes $5.4

We've hit $5.45.  It's only a matter of time :)

you know, if u lie to me twice in one day i'll have to... ;)

I think we'll see $6 today. Damn I wish I had more coins.. I'm afraid to up my leverage much more...

http://upload.wikimedia.org/wikipedia/commons/5/5f/ReaganBerlinWall.jpg

I'm lending at 1.5% interest a day for people to speculate.  Anyone?

look how far UP we have to go:

https://i.imgur.com/7Ibta.png

This time it will be easier. We’ve already done this crap before. Let’s get to the point and have new alltime highs. ;D

10 - 15 bucks is a nice number.. we dont have to go as high! :D

we are gonna get higher! up we go!

I prefer this view.
It's not that bad, we're just getting started.
http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=360&i=Daily&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=0&cv=0&ps=0&l=1&p=0&

I think it's a little extreme, then again we're already above 5.43.

These buy/sell transactions on MtGox is like watching the waves at the beach.

If it keeps on keepin' on like it is, we'll see $6 in the next 4-8hrs.

What's funny is that a lot of people haven't been paying attention to bitcoin. The people that looked last week saw $3, and the next time they're going to look it's going to be $6 and be like WTF?!.  :D

12-18-11: $3
12-25-11: $4.2? (too lazy to look at charts)
1-1-12: $5.4 right now
1-8-12: $6.6?

Bitcoinica keeps giving me the * when trying to buy... sure sign of a bull market.

High: $5.5!
We did it.  On to $6 now.

I'm selling at 8, I've figured out, you make money if you buy low and sell high

****************************************************************************************

How much more money will you make if you wait until $12 before you sell?

When the bull's eye winks:
  If MtGox is climbing, hold long
  If MtGox has stalled of falling, squeeze is available
When the bear's eye winks:
  If MtGox is falling, hold short
  If MtGox has stalled or climbing, squeeze is available

Ready for the wave to go back to 5.5?

Holy shit, my mind just got blown...

Cheapest price on Crypto X Change is $8.50, if you are looking to sell...

I agree. No reason to climb that mountain again just to see how fast a body can reach the bottom...  Find a workable number and keep it there. A good round one, like $10 would be nice..
The system has grown a lot in the services that are available but it is my opinion that testing it with a $50BTC price tag is asking for another bubble.. Atleast at this point.

People hate to hear it, I hate to say it. But the average person is gonna want trusted 'banking' type services.
More micro payment mobile apps.
More clients that don't have to keep local block chains.
More IPOs in hopes of keeping some investor attention on the companies and not so much on the currency itself.

Demand transparency from the upcoming bit banks!
'Due D' your homework on them.
No more Mybitcoins, damnit!


cheers

WTF? As if your 'guess the price on (date format that only makes sense in the USA)' wasn't bad enough , now you've gone back to mid last century and decided 2-digit years are a good idea again?
You Date-format troll!

12-18-11 clearly means 2012-11-18
and 12-25-11 is obviously 2012-11-25

wtf? dumbass? you're from the future?

Hey what exactly does that asterisk mean?  That bull's eye is winking at my long position too; is that good?  :-D

Seriously though, what does it mean?

Its a signal to BUY BUY BUY!!!!

Actually, it means there are so many buy orders that Bitcoinica ran out of USD, so you cannot buy while its showing.

https://bitcointalk.org/index.php?topic=55970.msg669617#msg669617

yes dumbass, i have all the charts for 2012 - 2043 sitting here on my desk.
problem?

You both have the same name. Cool.

Please start using D/M/Y, otherwise no one understand you

4/3/11 is 4 march or 3 april 2011? For me it's 4 march

I agree.

Let's stick to the European format. This forum is a bit too US centered. So much for promoting Bitcoin internationally.

Just go with "4 March, 2012" so no one gets annoyed or ambigued.

is that two-thousand-and-twelve or twenty-twelve?

If only some international standards organization existed that could help us come up with an unambiguous date format (http://en.wikipedia.org/wiki/ISO_8601)...

Plus, you can easily use lexicographic sort which will work fine on these dates. Anything else is very problematic.

This is how we write the date here in Japan. (YYYY/MM/DD)

Chinese does it too.

I'm fully in favor of most-significant-time-unit-first, and propose we start right now on 2012-01-02.

I like this way, because is sorting friendly.  ;D

I can handle that. Just bear with some of us stupid Americans. Old habits are hard to break. ;p  Generally if I am communicating to someone about an important matter I make sure the date is unmistakable.
I.e., The 2012th year of our Lord, in the holy month of Janurary, on the 2nd day of his blessings. I kid, I kid
I.e., 2nd of Jan. of 2012    would be a proper date format on letter heads here in the U.S.  I do like having a more reconized standard when abbreviated though..

cheers

Hey, at least you Americans use a consistent system. Here, we have both YYYY-MM-DD and DD/MM/YYYY systems in common use: that's big endian and little endian. Then, there is "lazy format" when you use two-digit years. Here's a question for you: guess the date this represents:

<$5 tomorrow! IMHO, maybe <$4 this weekend

Let's see...

The only countries to use the mixed date format, (MM/DD/YYYY), are: United States, Belize, Micronesia, Palau, and the Philippines.  Every other nation uses either big or little endian dates, not mixed endian which quite frankly make no logical sense.  In my programming projects I'm forced to use DD/MMM/YYYY format dates so there is absolutely no ambiguity (is 6/2/2012 a day in June or February?  Depends on whether an American is reading it or not), but that makes life difficult for people who do not understand English.

Coincidently, the only countries left in the world still using Fahrenheit as the official measure of temperature are: United States, Cayman Islands, and Belize.

Maybe the USA will convert, one day...

Need a new poll $6 today?!

Looks like we're moving back to 5.5...

yes we are and we will go thru.

told you.

Still $5.479...
Edit: Now $5.502. So we did reach $5.5 again, how long till $6?

sure about that?

$5.6 now, we're skyrocketing aren't we?

 :D

I wouldn't call this skyrocketing.  The price is bouncing all over the place.

Get them while their HOT HOT! :)

Last year's April, this year's January )

Bitcoin Sentiment Indicator hits All Time High!

Well I fully expect that the tide will keep going out for the foreseeable future.

This volcanic eruption of new adoption and optimism has put Bitcoin valuations back up. However can this maintain the critical mass needed to keep bitcoins value above the previous lows?

Answer:  Yes.

we were down there for months and we did a classic double/triple bottom testing $2.  i was there and i can tell you there was huge support @$2.

the overshoot to the downside was assisted by shorting on Bitcoinica which came online in September.  the sentiment was highly negative.

as long as there is no break in the code we will never see those lows again.

I don't think that's an outlandish statement.

oh my, the Dow is breaking up hard.  its up and out of the long term consolidation channel for good this time.

the major Funds on Wall St. are reallocating back into stocks and out of UST's.

Bitcoin will be one of those reallocations.

ppl around here need to listen to Jim Rickards and his theory of Currency Wars.

in a nutshell, every country will take turns devaluing their currency to try and keep exports alive.  aka printing.

its now the Feds turn to take the USD back down since its rise since May has been causing all sorts of havoc in financial markets.  we are now seeing the $DXY topping out and it will begin a long term decline which will drive risk assets.  "they" HAVE to do this or see the financial system implode.

today you're seeing alot of money flowing out of UST's and silver into stocks and Bitcoin is benefitting from this. 

Cypherdoc is absolutely right about that... here's hedge fund badass Kyle Bass on this topic:

http://dont-tread-on.me/?p=11919 (http://dont-tread-on.me/?p=11919)

yes, i admire Kyle Bass.

whats interesting about the devaluation strategy is that while the central banks try to keep everyone elses currency stable, the ONE currency that can keep going down w/o imploding the economy is the USD.

and its b/c we indeed are the strongest economy in the world; forget China.

so, I THINK, the USD will continue its long term downtrend thus boosting everyone else in the meantime.  we've seen this for 100 years.

Bitcoin anyone?

Isn't international finance fun?  I've long been of the opinion that the rest of the world should be lined up around the block to suck our dicks as a thank you for picking the painful side of Triffen's Dilemma (http://en.wikipedia.org/wiki/Triffin_dilemma) and keeping the world afloat.  Everyone loves to party, but they hate to clean up.