won't sell/short a Bitcoin for at least 10 yrs.
I put this quote up just to nail you on that  well, i suppose if it hits $1000 in 5 yrs, i'd have to reconsider  |
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Dude; seriously, you need some help.
Dude; seriously, you should liquidate your short position before you get zhoutonged. Dude. nice try on the change in strategy (deception). sorry, i haven't and won't sell/short a Bitcoin for at least 10 yrs. BitMagic =  |
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Ehm what makes you think bitcoin is even remotely connected to the world of big finances & indices?
Can you put up a chart showing correlation?
i'm not even going to bother explaining this. Ok suit yourself. Yeah, he's just like Herman Cain: "I don't have any evidence to support this, but..." "....HAHAHAHAHAH YOUR SHORT POSITION, HOHOHAOHAHOTNHAUNTSH:SEIAOSETNIHSA." Fact is, after 3 months of up uP UP!, the speculation gods have given them stagnation. It's about all they can jump on, evidence wise. I do want to see him cry his eyeballs out, but I'm realistic; I'll be just as happy watching cypher_doc's post count drop to zero during the next big tank. Hahahaha, I hope you've liquidated your short position, Cypher_doc. Price is going up uP UP! Dude; seriously, you need some help. |
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Ehm what makes you think bitcoin is even remotely connected to the world of big finances & indices?
Can you put up a chart showing correlation?
i'm not even going to bother explaining this. Ok suit yourself. Yeah, he's just like Herman Cain: "I don't have any evidence to support this, but..." "....HAHAHAHAHAH YOUR SHORT POSITION, HOHOHAOHAHOTNHAUNTSH:SEIAOSETNIHSA." Fact is, after 3 months of up uP UP!, the speculation gods have given them stagnation. It's about all they can jump on, evidence wise. I do want to see him cry his eyeballs out, but I'm realistic; I'll be just as happy watching cypher_doc's post count drop to zero during the next big tank. BitMagic =  |
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Ehm what makes you think bitcoin is even remotely connected to the world of big finances & indices?
Can you put up a chart showing correlation?
i'm not even going to bother explaining this. |
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oh how i love the screams of the Bears in the general stock mkt! they'll be screaming here as well.
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Dow just passed up thru 12000.
The Bulls are running. they will be coming here...
Aye, the S&P, which is much more stubborn is up 1% as well. ;p uh, S&P up 1.49% the stampede is ON. |
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There is so many people already involved in Bitcoin that it will not "reach" 0.37 USD/BTC anymore. It will either slowly succeed, or slowly lower, or finally terminate (like not traded in public anymore).
That figure includes the current population of bitcoin users, if they were getting lower short term that would have been lower. But don't mind, that figure is just were I consider prices to be fair.... @cyperdoc, if they stay at it, it is as simple for me: I'll stay away from bitcoin as far as possible. thats fine. you're entitled to your opinion just like anyone of us here. but sometimes you have to listen to what the market is telling you. the steadily rising MACD, the break of the upper bound downward trendline, and the slow upward climb indicate to me at least that the bottom is in. trying to impose you own sense of value on the market could cost you a lost opportunity. |
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If you click on the "notify" link, and you accept to unwatch the topic, does that remove it from the new replies to threads you're participating list? What if you reply but set it to not notify you of replies (in the Additional Options section) ?
ROFLMAO!!! |
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There is so many people already involved in Bitcoin that it will not "reach" 0.37 USD/BTC anymore.
this is correct. you can already see it in that the top 10 Bitcoin "hoarders" have only hoarded more on this price dip. the price is just too cheap to ignore. |
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Dow just passed up thru 12000.
The Bulls are running. they will be coming here...
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Watching cypherdoc get more and more frantic every day is pretty hilarious. At least it would be if it weren't so sad.
I know, the anticipation of his complete and utterly crushed soul is killing me. I've never seen so much buildup in my life. whats killing you is your short position. |
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oh, i almost forgot.
the VIX fear indicator (options market) is about to drop below 30 indicating a resolution to the European debt issue and an all clear signal.
you think markets have already reflated? just wait til we drop below 30...
Not real up on Eruo issues, but I sure hope EFSF, the fund that is, is not the entire solution..? :/ i hope not too. but it doesn't really matter. the markets are ready to reinflate. the Wall of Money getting set up to flood in here will be astounding. |
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to me the $2 floor makes sense even for a fledgling currency b/c:
1. almost 3 yrs old with no problems.
2. $1 to me would mean equality with the USD which i think is bunk and doesn't factor its premium.
3. the limited supply.
4. the fluidity of transfer.
5. the overall turn in the general markets oriented towards the next reflationary phase will drive ALL assets up especially Bitcoin.
a. downturn of the USD
b. sovereign bond selloff
c. US Treasury selloff
d. gold/silver stuck
e. stock mkt reflating
6. overall bid side has inflated
Remember the fact that more and more merchant solutions and wallets are coming out, and in the next few months, the Bitcoin network will have more capability in terms of multisig transactions, escrow, etc. The fundamentals are getting better as the currency is on its way to becoming more usable by normal people. We're still early adopters at this stage of the game. very true. but there are so many skeptics around here that will miss the opportunity to become early adopters b/c no price will be low enough for them to jump in. they are the victims of linear thinking that just draw a line straight down from July and extrapolate it into the ground. this is how bull markets shake off the doubters. its just greed in the opposite sense. the bears want to pick up coins at $.01/BTC as if they somehow deserve to be early adopters and ride the wave back up gladly cheering the price rise and pumping their brilliance at picking a bottom. all the hoarding arguments would just vanish. but markets are rude and unaccommodating in that sense. |
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oh, i almost forgot.
the VIX fear indicator (options market) is about to drop below 30 indicating a resolution to the European debt issue and an all clear signal.
you think markets have already reflated? just wait til we drop below 30...
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to me the $2 floor makes sense even for a fledgling currency b/c:
1. almost 3 yrs old with no problems.
2. $1 to me would mean equality with the USD which i think is bunk and doesn't factor its premium.
3. the limited supply.
4. the fluidity of transfer.
5. the overall turn in the general markets oriented towards the next reflationary phase will drive ALL assets up especially Bitcoin.
a. downturn of the USD
b. sovereign bond selloff
c. US Treasury selloff
d. gold/silver stuck
e. stock mkt reflating
6. overall bid side has inflated
Remember the fact that more and more merchant solutions and wallets are coming out, and in the next few months, the Bitcoin network will have more capability in terms of multisig transactions, escrow, etc. The fundamentals are getting better as the currency is on its way to becoming more usable by normal people. We're still early adopters at this stage of the game. very true. but there are so many skeptics around here that will miss the opportunity to become early adopters b/c no price will be low enough for them to jump in. they are the victims of linear thinking that just draw a line straight down from July and extrapolate it into the ground. this is how bull markets shake off the doubters. |
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all markets take time to breathe. the poster above who mentioned Bollinger Bands is correct. the narrowing indicates this resting state. a breakout move is imminent. obviously as a bull, i think it will be up as i think the primary downtrend has been broken based on not only technical factors but fundamentals as well.
we also see the second of 2 flag formations which also should break up if the primary downtrend has been broken. within these larger formations exist smaller flag formations which have broken up.
to me the $2 floor makes sense even for a fledgling currency b/c:
1. almost 3 yrs old with no problems.
2. $1 to me would mean equality with the USD which i think is bunk and doesn't factor its premium.
3. the limited supply.
4. the fluidity of transfer.
5. the overall turn in the general markets oriented towards the next reflationary phase will drive ALL assets up especially Bitcoin.
a. downturn of the USD
b. sovereign bond selloff
c. US Treasury selloff
d. gold/silver stuck
e. stock mkt reflating
6. overall bid side has inflated
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Going down.
notice how those downspikes are GREEN? BTFD. |
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