what if the "DDOS" is just 21million noobs refreshing gox page to see the price  |
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We could be in for another Dump & DDOS attack very soon... ready your monies!  I hope so, I cashed out  place your bids  |
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this bubble popping thing is unsustainable  told ya!  |
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We could be in for another Dump & DDOS attack very soon... ready your monies! |
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btc china already back to 200$ ...
virtex now at 200$ as well. their was very little panic in canada, altho we did touch 125 for a second. |
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So if I'm seeing this right..... Market sells are executing in the low 100's and market buys are executing around 150... and there is nothing in the middle??
thats what i'm seeing on mtgox too... virtex is still at 160 -163 hard to say were the price will be once the dust settles, i think we panic selling was at 180 or less... buying now is a no brainer, i can see a massive amount of money being sent to the exchanges in hopes of catching the bottom on this panic dump. keep your ears open for some bad news ( beside the "bubble popping" ) their could be some insider trading going on ( but i think its just good old, profit taking ) |
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this bubble popping thing is unsustainable |
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this is it this is the wall that will save us 1k @ 120 |
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poeple are sacred! this won't last long, hit the buy button!
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ok 188... the cost is clear place your bids!
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i'd expect to go as low as 188
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I just bought for $200 on Virtex.  i was thinking of buying too... someone took one hell of a dump on virtex just b4... |
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None of these other charts come close to the bitcoin bubble...
the bitcoin bubble is like 10 times bigger then anything we ever seen b4?
Well the other charts are over much longer time periods. omg its even better... so bitcoin has gone up 10 times higher( % wise ) than any of these stocks, and it did this in a fraction of the time. has there ever been a stock that has bubbled up as fast and furious as bitcoin has? why does the bitcoin behave this way? |
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None of these other charts come close to the bitcoin bubble...
the bitcoin bubble is like 10 times bigger then anything we ever seen b4?
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For the previous bubble the price skyrocketted from around $20 to $32 then ALL the way back down to $17.
It went all the way back to just over $2. You're looking at a selectively small time period if you're saying the bubble burst and it fell to just $17. the fall from 15$ to 2$ was because of hacks and such totally killing confidence, i'm not sure what event could possibly shake confidence at this point... quite a bit actually but i like to stay bullish and focus on the positive like a hundred dollar increase in a week idk about you, but for me even if the protocol is broken somehow, that still won't shake my confidence in bitcoin. because i know, we can go back a version patch it, process all the TX's that have built up while the fix was implemented, and then we keep moving along. |
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CONs - It's a bitch to... - explain how to setup local and online wallets
- keep track of long ass wallet addresses
- remember confusing passwords or super long mnemonics
- difficulty of converting cash > BTC
It's just really hard for anyone to adopt that isn't a techie geek who is willing to read wikis and message forums for 2-3 days to figure it all out. Once there are BitCoin ATMs and transferring cash to and from exchange accounts is as easy as any other ACH debit... the average person is not going to want to try and figure it out... just too difficult for them to understand and use. this is simply not true if they can make a paypal account and put a paypal button on their site. they can make a bitpay account and put "buy with BTC" buttons on their site. |
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If one of these guys decides to cash out all in one day and it causes a positive feedback loop... the biggest wallet their is, is 111,111BTC MtGox alone trades that kind of volume daily, could this really send prices down 80% and hold them their? |
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how much BTC would it take to pop the bubble, and make bitcoin lose more than 80% of it value, and have the value hold at < 50$ for more than a few weeks?
Preparing your coins? ya, you sacred? |
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