When do you guys think the first sell-off will be?
Will it crash from 600-400 then back up? 800-600? 1000-400? Previous ATH?
How do we agree on a previous ATH when the price was different on all the exchanges plus mtgox is gone? There was about a 1-day period at virwox where you could have sold 1btc for 300,000 SLL and sold those for $1320. So did virwox have the highest ATH at $1320? or do we go by bitstamp or mtgox or huobi ATH?
When comparing the "point of maximum financial risk" chart with a standard bubble chart, do we overlap the risk chart twice? Going through all the risk emotions quickly during the first sell off? So we should hit a brief euphoria phase near the top of the first sell off?
I believe we will continue going through these bubble fractals until the public phase reaches final saturation. In the previous bubbles, each time we reach the public phase it doesn't absorb everyone so there is room left over for more bubbles. Bitcoin won't stop making bubbles until we've blown them in everyone's faces.
The days of sub-$500 BTC are over. I am going to sleep and when I wake up I want to see the price at $540. Do me proud bitcoin. |
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Vouching for Blatchcorn. Provides excellent service and has a growing reputation, deservedly so in fact.
Good luck with your site gweedo, interesting business.
Thank you! |
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Obligatory:  |
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Very nice! Stage 6 is so true haha.
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can anyone summarize? As long as they aren't talking about banning it, or adopting it formally, I don't think it matters what they say.
It really is not long. It essentially believes bitcoin is a good thing but would benefit from more regulation |
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wht part you not understand
iam only ask if someone know because i see Belgium will banned 1 july
havent seen anything about Belgium, Spain or Portugal. care to post a link?  Belgium is real, https://bitcointalk.org/index.php?topic=620789.0. Spain and Portugal is FUD that this guy is spreading. They are only considering banning bitcoin derivatives in Belgium, not banning bitcoin itself |
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Why does it matter if Satoshi dies? The inventor of fiat ain't exactly alive and well.
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These sort of threads are very bullish indicators  |
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Does anyone know best way to order pizza in UK with bitcoin?
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I think $5000 is a fair estimate
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Rally is coming   |
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Yes the government will still be able to monitor actions of people, but bitcoin gives people the power to monitor the actions of government for the first time
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Why do you think that all altcoins depend on the bitcoin? I suppose many of them are totally independent
Most of them rely on bitcoin to be purchased. And if bitcoin fails, what hope do other coins have? |
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So market is going nowhere. What exactly are we waiting for to happen? The foundations are in place for a huge rally, we just need a catalyst.
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CHINA BAN III
coming soon to a cinema near you!
Rumors of a IV are floating around the speculation board too. |
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Firstly, I have been a member of this board for quite some time. I lost my credentials, so a created a new account because I have something to say or would like to participate in ongoing discussions. Although I am happy that the newbie forum is no longer required; it did have some utility preventing spam and FUD.
Secondly, Bitcoin changed my life. How so; you may ask?
Before the 2013 bubble; I was relatively broke, jobless, and without a steady place to live. I heard about Bitcoin on a popular "news" show on a conservative cable network that someone else was watching. I then used the oracle (Google) to discern what opportunities may be available in this space. I had a few greenbacks left when BTC was under $20. The decision was made to buy. BTC hit $260ish, and I sold at an average of $190ish. I held 15% of the BTC I had purchased and spent another 2.5% on pizza and Gyft cards. It was a quasi-gamble that paid off.
Most of you know that BTC crashed swiftly upon reaching the peak in 2013. I was able to buy back on the way down at an average price of $65. By this time, I was able to afford to buy and hold without fear of going hungry. With the windfall of cash, I enjoyed a much higher standard of living than which I had grown accustomed. I learned something about myself, and many other people: I don't manage my cash very well. Also around this time, I received a windfall of cash (outside of BTC) while maintaining a fairly low standard of living. BTC was hovering pretty low and I continued to buy when people were bearish.
What is this cash problem? It spends so easily that it evaporates quickly. Fact: it is more difficult to spend bitcoin than it is to spend cash. This has resulted in me using bitcoin primarily as a storage of wealth. I must confess that I sold a bit of BTC on the China $1000+ bubble. I also started buying back at $800ish, and have continued to buy on the way down until recently at $400ish. Am I "worth" 1/2 as much now as I was in January? Simply; yes. However, I have a hell of a savings account that no one can take. I also believe that my savings account will be bigger in one year no matter what bitcoin does in the interim.
There are a few things that I would like for all bitcoiners to do or at least think about doing:
1. Buy more. But, BTC is going down; right? This, my friends is the time to buy IMO. So much is developing around BTC that I do not see it devaluing to any greater extent.
2. Spend some BTC on things you were already going to buy and make sure to buy back with the cash you otherwise would have spent on the product you purchased.
3. Give some to friends, family, and other good causes. Make it a non-trivial amount. This fosters adoption more than any other activity. My mom got bitcoin for Mother's Day.
4. Don't speculate for purely speculative reasons with money that you need for other things.
5. Talk with local businesses about accepting your coin for their product. Small business listens.
Bitcoin is like most things. It is not Republican, Democrat, or Libertarian. It is not Christian, Muslim, Jewish, or atheist. It is not white, black, brown, or any other race. Bitcoin is what you make it; much like your own life. It is currency and information for everyone. We have yet to realize the true potential contained therein.
Lots of people are just hearing about Bitcoin for the first or second time, Sharing you story here on this forum help people see what bitcoin can do for them personally. Agreed - bitcoin provides benefits to society not just wealth |
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