|
Looks like the dragon is going to dance with 6k again.
|
|
|
|
Has BTCChina been down? Didn't notice my ticker has been frozen for like an hour....
Tickin away on my screen WTF lol..... frozen on bitcoinity AND bitcoinwisdom for me for an hour.... what gives.... The NSA has frozen your account |
|
|
|
I think we are closer to the stage of Winmo. Lots of fragmented approaches etc... Either innovators or early adopters is my guess. Agree that "speculators" are pretty heavily engaged already. I wonder how many of them there are?
For adopting the technology the mobile phone chart seems to indicate 10 years or so till we get to laggard adopters and the curve begins to settle. We have a long way to go!
Interestingly, the technology of smartphone apps enables a much faster adoption than that of the hardware smartphone. An well funded app, launching on iOS and Android, can swiftly be adopted, e.g. Google Maps - months to full adoption, not 10 years, which is relevant provided point-of-sale devices are upgraded. Excellent point. I stand corrected, software can move much faster. POS updates (at scale) can be remarkably slow though so perhaps a counter balance is there. |
|
|
|
Has BTCChina been down? Didn't notice my ticker has been frozen for like an hour....
Tickin away on my screen |
|
|
|
I'm right there with you for most of that. But I still feel safer having Litecoin around and indeed encouraging the existence of alt coins - especially if they'll innovate further and especially if they'll improve/increase resilience. I guess I'm just trying to dispel the notion that "alt coins should go away and stop stealing Bitcoin's market share." I don't think that's something you've been saying in any way but it is an argument I see put out there and am keen to counter it with the simple notion that competition is healthy.  edit: I completely agree with your 'bio-diversity' concerns and think you've made the point here very well. But Bitcoin can't really experiment with its architecture any more as too much value is vested in both the coins and the network. Litecoin et al can still do that and could very well end up introducing the kind of 'bio-diversity' that we'd both welcome with open arms. Bio-diversity is good. In fact, it is also good in Bitcoin space and we should welcome attempts to write completely Bitcoin compatible clients/servers/miners from the ground up. |
|
|
|
I think there's a chart knocking about somewhere which shows the anatomy of a bubble...
could you post it please, never saw that one?  Can confirm, never seen the anatomy of a bubble chart on here or reddit. Oh yes, have never seen a bubble anatomy chart..... every day.  |
|
|
|
Bitcoin is not Speculation-proof. Even though it may have value, people can still put unrealistic expectations on Bitcoin.
+1 |
|
|
|
Between $7000 and $8000 by the end of the year.
Bit tooooo optimistic. I say 10500FTFY |
|
|
|
http://www.solerinvestments.com/Online-Trading/Stock-Market-Crash.htmHow Bubbles Grow: 12 Easy Steps
1. A believable concept offers a revolutionary and unlimited path to growth.
2. Surplus of funds and lack of opportunities lead to buying or investing in anything available.
3. An idea is complex and cannot be totally explained or related to an investor.
4. The crowd imitates the leader. All Aboard! Even the gardener has a tip!?
5. Prices fluctuate from traditional level to overvalued level, THEN to all new ground and all time highs.
6. New levels are sanctioned by experts. "We are in a new Paradigm!"
7. Fear of missing the boat takes over. Cloning of the idea occurs as many new overvalued competitors enter the market.
8. Lending practices are eased. Money flows like water to anything or anyone with a new idea.
9. Cult figures emerge for the new paradigm. The media promotes lifestyles, not substance.
10. The Bubble lasts longer than expected. Critics are dismissed. The last suckers are sucked in.
11. Fraud emerges as partly responsible for the bubble as the first cracks show in the bubble.
12. Finally, everyone has a reason why it cannot continue. But nobody dumps, and all hold onto their profits. No new buyers. Market stalls. I found that very interesting. Some of you might too. Interesting, Ibian has a point that this is not a stock in the sense that unlimited supplies are available etc... I think it falls down at least in point 3 and 1. |
|
|
|
24 hour trading cycle. How is it possible to sleep when the exchanges are taking turns popping every 8 hours?
Buy and hold  Oh, I do, I do. Still hard to resist you know? |
|
|
|
|
24 hour trading cycle. How is it possible to sleep when the exchanges are taking turns popping every 8 hours?
|
|
|
|
you bunch of dirty hippies |
|
|
|
China 6k wall getting smaller Good morning China! |
|
|
|
|
I think we are closer to the stage of Winmo. Lots of fragmented approaches etc... Either innovators or early adopters is my guess. Agree that "speculators" are pretty heavily engaged already. I wonder how many of them there are?
For adopting the technology the mobile phone chart seems to indicate 10 years or so till we get to laggard adopters and the curve begins to settle. We have a long way to go!
|
|
|
|
|
Just watched. Poor editing for sure. He seems like an okay guy. Always tough to be interviewed and he may not be used to it.
|
|
|
|
China going to crack 6k.
Stabilizing around 1030- What a downer. Lol, price moves a couple hundred USD in 24 hours. Bitcoiners are bored . 100s aren't cool. you know whats cool? thousands! |
|
|
|
|
Show Posts
