Speculative bubble... lmao.
look man, ill admit that week to week we might see a price swing of a couple of points, but if you think its a bubble you are fucking lost.
Back in the day sure, but this is a long time later - the protocol is still here and solid. The value store is growing. Trust has been built. Fortune 500 Merchants accept it. Real media is paying attention, etc...
For the Bitcoin network to support any real finance each bitcoin needs to be worth 100000000000/10500000= $9523.80952381 give or take a few coins.
To get there, we would need to double the current bitcoin price every second month for the next year and a half (a fucking long time in the internet space).
Social media spreads awesomeness fast. Bitcoin is moving from the hardcore geeks and fringe early adopters to the sneezers. The sneezers will spread the virus to the world.
Bubbles don't come out of no where... the news is what is feeding the bubble none of this is new, from the start you could buy hosting, gamble and buy drugs bitcoin has once again moved to far to fast because of the "game changing good news!!!" the really good news is that you can now sell your coins above 25$ again...  Sooo... the bitcoin market is literally the same from 2 years ago in your mind. Pass the bong bro, you obviously parked on the grass! LOL! no i will not pass the bong.... i need it right now.... "crazy bulls gana make me lose my bet  " |
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Speculative bubble... lmao.
look man, ill admit that week to week we might see a price swing of a couple of points, but if you think its a bubble you are fucking lost.
Back in the day sure, but this is a long time later - the protocol is still here and solid. The value store is growing. Trust has been built. Fortune 500 Merchants accept it. Real media is paying attention, etc...
For the Bitcoin network to support any real finance each bitcoin needs to be worth 100000000000/10500000= $9523.80952381 give or take a few coins.
To get there, we would need to double the current bitcoin price every second month for the next year and a half (a fucking long time in the internet space).
Social media spreads awesomeness fast. Bitcoin is moving from the hardcore geeks and fringe early adopters to the sneezers. The sneezers will spread the virus to the world.
Bubbles don't come out of no where... the news is what is feeding the bubble none of this is new, from the start you could buy hosting, gamble and buy drugs bitcoin has once again moved to far to fast because of the "game changing good news!!!" the really good news is that you can now sell your coins above 25$ again... |
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I will WIN my bet!
that is all.
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It must be a painful experience to be a bear. How do they reconcile thinking themselves to be so smart and yet be wrong at every turn?
it will go down, this last panic buying is kinda funny actually...  |
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they seem like improvements to me... what they should do is start a new experiment (read: start a brand new fork) why a hard fork?? why??? |
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most people use blockchain, most people would not notice there's been a fork.
they will notice a 10% drop in value and ask questions.... |
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lol! take a swigs every time bitcoin makes a 5 min candle, red .... it'll help...  and its refreshing too! |
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I've never been more sure of anything else in my life.... big swigs coming soon!
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Hi ElectricMucus, long time no chat. I would be very very surprised if BTC/USD ratio gets under 20$ ever !
According to my tea leaves, there is a good chance the price will peak soon around $40 and drop to the August price range, perhaps in the teens. After climbing above $20 again, I think you are right, it will never drop below $20 again. Or so says the good oolong. : i think bitcoin is over priced right now and should be in the teens... But it will go up Up UP b4 the market crashes down down down! I say no. everyone can see what you see... bitcoin is over priced because the market went a bit nutty... No it will not go any higher... the market might go crazy from time to time, but MOST of the time it does want it does best, and that is to find the true value. ok NOW it will not go any higher  |
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if this nutty buying keeps up.... I lose my bet  Would you call it nutty when she earns 20% off it? what? who is she? and yes! nutty nuts buys nuts like a bunch nutty nuts! |
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if this nutty buying keeps up.... I lose my bet |
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if this nutty buying keeps up.... I lose my bet |
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Hi ElectricMucus, long time no chat. I would be very very surprised if BTC/USD ratio gets under 20$ ever !
According to my tea leaves, there is a good chance the price will peak soon around $40 and drop to the August price range, perhaps in the teens. After climbing above $20 again, I think you are right, it will never drop below $20 again. Or so says the good oolong. : i think bitcoin is over priced right now and should be in the teens... But it will go up Up UP b4 the market crashes down down down! I say no. everyone can see what you see... bitcoin is over priced because the market went a bit nutty... No it will not go any higher... the market might go crazy from time to time, but MOST of the time it does want it does best, and that is to find the true value. |
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Wall Analysis: the past predominant L-pattern has morphed itself from a formation index number .72 into a wide V with strength index .323. If this stabilizing V is narrowing into the famous "tornado" formation above a .75 pressure, a shitstorm is expected to happen. Fibonacci prediction and the z-number are still inconclusive. Therefore only small chance of going up or down in the short term.
Translation: Anything can happen  Thanks! That was arab to me That was sha256 hash to me. No more arguing. and we have a winner. While in an international forum using arab or chinese as something commonly known to be unknown is at least not wise, using sha256 on a bitcoin forum is none the wiser Setting the stage for the rally tomorrow! guys i think its safe to say that since mega is involved its only a matter of time til kimdotcom verifies his gox account and sends over a cool million+ (  but maybe?) this image is relevant  GIFSoupEdit: Oh ya Bears hope you guys were awake 24/7 because that is the only chance you would have made some money! Damn. First I thought I actually can hear a bell (it's 3am here) but then I thought, maybe he's not ringing a bell in joy but doing something else in joy. We will never know … one thing is for sure, he really likes that bell |
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The bid side of the MtGox order book has filled back in to $3.5+ million, which means the market can sustain more dumps for large holders who want to cash out, say, above $20. I expect we'll see more dumps.
i agree, the walls will be put to the test! I assume you both meant testing the ask walls and dumping USD? oh, what a 10k 240k dump. but where is the panic? huh? looks like a pump not a dump... |
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The bid side of the MtGox order book has filled back in to $3.5+ million, which means the market can sustain more dumps for large holders who want to cash out, say, above $20. I expect we'll see more dumps.
i agree, the walls will be put to the test! |
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oh come on, everyone knows its "it seems like Chinese to me" |
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