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1061  Other / Off-topic / Re: If 1 BTC = $10,000 in 2014..... I will treat you guys to something . on: September 15, 2014, 02:38:20 PM
$10,000 might happen only if dollar loses it's value like 1000 times compared to other major currencies

No, that doesn't count... it's not the # 10,000 that's important, it's the purchasing power of $10K
1062  Economy / Speculation / Re: 2014- 1st time in history bitcoin has dropped on: September 11, 2014, 01:29:08 PM
LOL at people saying 2014 is "the year of bitcoin" just lol.... please get the fuck out 2014 is a shit year for bitcoin aka price MATTERS. Bitcoin can't reach its potential until it's over $2-3K/btc

2014 is the year of bitcoin, but not in the way you think it is.

Look at all the new merchants accepting bitcoin.

Dell, Expedia, Newegg, Dish, Paypal, etc.

Just wait a little bit for the commons to realize the impact of this, and you'll see that the price will follow eventually.

Yes, the price will most likely skyrocket in 2015 rather than 2014, but the reasons for the increase have their foundation in the events that happen now.

You see, events and price do not influence each other in real-time. There's a massive delay between them.


Yes that is the hope I have and that is why I'm holding on.

But as far as adoption goes, you could argue that 2013 was still better than 2014
1063  Economy / Speculation / Re: I AM HODLING on: September 10, 2014, 05:10:02 PM
HOW MUCH LONGER AM I GONNA HODL??
1064  Other / Off-topic / Re: If 1 BTC = $10,000 in 2014..... I will treat you guys to something . on: September 10, 2014, 05:08:16 PM
I don't suppose you will want to come to Cape Town South Africa? Cheesy


It's always been in my list of places to visit, soon, so yes I would. Especially if bitcoin makes me rich
1065  Economy / Speculation / Re: Time to rapidly accumulate as many coins as possible on: September 10, 2014, 05:06:44 PM
I think we are now in the final phase where coins can be accumulated relatively cheaply. Who knows how long it will last? I personally think we will move sharply up in the next few weeks or months.

Every day there is new positive news. The auction reinforced the friendly US position towards bitcoin. Several giant retailers have publically integrated bitcoin into their payment systems. Today it was the turn of Newegg.

Over the coming weeks and months I predict user adoption will start to move upwards sharply again. This will cause the price to rise. It will be front run by whales and big players.

A common theme is that bitcoin bubbles reduce in amplitude with each successive leap but I am not so sure. Once a battle for the ATH commences its off to the races.

It is time to speculate to accumulate! Ignore the bears and traders. Look at the big picture. Every single time in the past my only regret with bitcoin is that I didn't buy more when i had the chance.  Grin

(only invest what you can afford to lose!)


Says OP in July... it is now September








IGNORED
1066  Economy / Speculation / Re: 2014- 1st time in history bitcoin has dropped on: September 10, 2014, 05:01:29 PM
LOL at people saying 2014 is "the year of bitcoin" just lol.... please get the fuck out 2014 is a shit year for bitcoin aka price MATTERS. Bitcoin can't reach its potential until it's over $2-3K/btc
1067  Economy / Speculation / Re: Is it possible that 1 BTC be worth $2,000 by the end of 2015? on: September 04, 2014, 04:56:45 PM
We will see 10k $ next year.

Quote me.


Quoted. And I will remember to call you out



If we don't even see $2K by end of 2015 then we might be fucked
1068  Economy / Speculation / Re: Open Bazaar bitcoin killer app! on: September 04, 2014, 04:55:25 PM
So is this the new SilkRoad?


Can I buy drugs and assassins here?
1069  Economy / Speculation / Re: Official Bitcoin Price Prediction for Dec 31, 2014 on: September 03, 2014, 01:35:19 PM
The bitcoin value by the end of the year will increase alot, probably about 5000$.

Lol.... that is a ridiculous claim. 99.9999% chance that won't happen
1070  Economy / Speculation / Re: Will there be a rally in September? on: August 27, 2014, 02:33:41 PM
Fuck. No.


September 2015? maybe
1071  Economy / Speculation / Re: We have lift off! on: August 26, 2014, 06:33:36 PM
I've noticed that all the major tech stocks (Facebook, Twitter, Amazon, LinkedIn, etc.) have started to slowly pump since the beginning of the month.  IMO, this is a sure sign of a ramp up to new highs this fall.

If we look at Bitcoin, it was first knocked down a bit starting in the middle of the month, in order to liquidate the leveraged longs for better entry positioning.  Typical whale trader behavior (this happens in stocks too), before starting the next ramp up.  I believe this ramp is slowly happening now.  I guess we'll see how it plays out.

So are you buying those tech stocks (Facebook, Twitter, Amazon, LinkedIn, etc.) ?

I bought ~ $8000 of FB stock at $47/share back in Oct 2013, with the intention of holding until at least 2015.  But due to an unforeseen expense in March of this year, I had to sell at $68/share.  I still made money, but I was really upset at having to liquidate so soon.

Even at today's price of $75/share, I still wouldn't be surprised to see FB hit $100/sh by the end of the year.


I bought at $26 and sold at $32....... Sad

Too high for me to touch right now, not confident enough.. rather gamble my money on bitcoin where I can hope for 5-10X returns
1072  Economy / Speculation / Re: It only takes breaking the psychological barrier of 1K twice to go several moons on: August 26, 2014, 06:27:54 PM
Can't wait til these pics are posted all over r/Bitcoin....



















1073  Economy / Speculation / Re: We have lift off! on: August 26, 2014, 06:24:37 PM
I've noticed that all the major tech stocks (Facebook, Twitter, Amazon, LinkedIn, etc.) have started to slowly pump since the beginning of the month.  IMO, this is a sure sign of a ramp up to new highs this fall.

If we look at Bitcoin, it was first knocked down a bit starting in the middle of the month, in order to liquidate the leveraged longs for better entry positioning.  Typical whale trader behavior (this happens in stocks too), before starting the next ramp up.  I believe this ramp is slowly happening now.  I guess we'll see how it plays out.

So are you buying those tech stocks (Facebook, Twitter, Amazon, LinkedIn, etc.) ?
1074  Economy / Speculation / Re: We have lift off! on: August 26, 2014, 06:11:22 PM
NMC has no community, LTC is the #2 alt coin with legit developers and community. The founder of LTC has ties with Coinbase and Bobby Lee.

When institutional investments get into bitcoin, and when they want to diversify into other crypto currency... they are going to pick something legit like LTC, not some shitcoin that's 50% pre-mined
1075  Economy / Speculation / Re: We have lift off! on: August 26, 2014, 05:47:17 PM
Indeed we have. Bitcoin and Namecoin holders have a wealthy future; not so Litecoin, Dogecoin and other shitcoin holders.



lol.... GTFO with Namecoin, would much rather put money in LTC
1076  Economy / Speculation / Re: 4th Bitcoin buble on: August 26, 2014, 05:46:07 PM

bitcoin to $4000 - $6000
litecoin to $150 - $250

litecoin, will never recover,
i don't see any point in that alt, bitcoin can use sidechain to gain everything it need, like fast transactions, litecoin is useless

Wanna put some money on it? Smiley

I might if we can arrange escrow with predefined prices/dates.

I'll be your escrow... and I agree with the dude who thinks LTC will recover
1077  Economy / Speculation / Re: 4th Bitcoin buble on: August 26, 2014, 01:24:42 PM
I think we are very close to the start of a new bubble but $10000 is too high, probably the new ATH will be in the 4000-6000$ range.

How is $6K acceptable but $10K is too high? your logic doesn't make sense


I don't think anything in particular has to happen, just look at the charts, we always rally during october - november. As for $10000 per coin, no one can say for certain when that will happen. but it is almost certain that we'll pass the previous ATH by the end of the year

Yeah no, not by a long mile... it is definitely not "certain", I would argue it's more certain that we won't pass ATH by the end of this year.


bitcoin to $4000 - $6000
litecoin to $150 - $250

I would be way too happy if this happens, and since I never get to be that happy these days, I doubt this will ever happen anytime soon
1078  Economy / Speculation / Re: Official Bitcoin Price Prediction for Dec 31, 2014 on: August 25, 2014, 08:32:26 PM
2014 = SHIT year for bitcoin, sorry but I've said it over and over again and it's true

The good news? There will be better years... lol at people who keep saying 2014 is "the year of bitcoin" haha
1079  Economy / Speculation / Re: Bitcoin is not a get rich quick scheme on: August 25, 2014, 08:30:22 PM
Except it WAS a get rich quick scheme if you got in early 2013 or before and held on til November 2013.... what other opportunity did we have to see that much of a return? If I put in $10K in Jan 2013 I could have been pretty "rich" by November and 10 months to become rich is hella quick


We just got unlucky and may have to wait several years before we see that type of traction again

Rich is relative.  Your scenario would barely afford a shithole house around these parts.  For others, they'd be set for life.

Yes that's why I said "rich"


and if you put in $10K in Jan 2013 when bitcoin was $13.... you could have easily left with $770K in November 2013 (that's $770,000 in liquid wealth which 99% of Americans don't have).... may not be rich enough to buy a mansion in your neighborhood but that is no joke of an amount. If this kind of return isn't considered a "get rich quick" scheme then I dunno what is
1080  Economy / Speculation / Re: Bitcoin is not a get rich quick scheme on: August 25, 2014, 06:40:29 PM
Except it WAS a get rich quick scheme if you got in early 2013 or before and held on til November 2013.... what other opportunity did we have to see that much of a return? If I put in $10K in Jan 2013 I could have been pretty "rich" by November and 10 months to become rich is hella quick


We just got unlucky and may have to wait several years before we see that type of traction again
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