You're SAR prediction is a nice bullish sign, I myself am am hoping for another strong indicator to hit. Looking at the 1w logarithmic charts you can see two things - We are enroute to the bollinger band - The bollinger band is tunneling Usually this means something funky is about to happen, it can go both ways but a >50% chance we go M00000N!!!! if it hits the upper band. The 1w chart bollinger band was last hit around 14-10-2013 and remained on the upper band (1w chart) until mid decembter 2013. We all know what happened then  Let's hope we soon hit the $290-$300 and see it go sky-high again. If the last moontime was a percentage reference then it will go to $3000 per BTC.  |
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I've been in Bitcoin for a long time and my gut feeling says you couldn't be more wrong. I am very pro bitcoin but being in this depression for a long period I don't believe in purple unicorns anymore  In dire financial situations people don't look on the internet to find a volatile asset to put their money into. You aren't going to throw all your money on a roulette wheel and hope for number 17 :-). They are more likely to invest in safe physical items (estate, gold, foreign obligations, etc.) or a permit to live in another country. If you are correct then we would see increased adoption by countries like - Equador - Egypt - Pakistan - Venezuela - Argentina - Belize - Cuba - Cyprus - Jamaica - Ukraine Reason is that this is a list of 10 countries close to bankruptcy. I haven't been bothered to crossreference these countries with bitcoin but I don't believe people in these countries are flocking towards bitcoin to save them. My 2cts P.S. I also hope my bitcoins will make me millionare one day |
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Alright, why does any country that attempts to sell oil for anything but USD get bombed back into the stone age?
My assumption.... Because oil is the only backing for the USD. If people buy oil in any other currency the USA gets screwed over since there is no more demand in USD. Having control over the oil supply effectively gives control over every country requiring it. Power == Money == Power |
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For sure, USA will never go bankrupt because its debt is denominated in USD and they can issue that currency in unlimited amounts. The rest of the world goes bankrupt instead  Try buying foreign products with pieces of toiletpaper..... |
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If they got robbed, you would think they have some form of insurance covering the losses. Fees they get per trade should IMO cover any flaw or hack that gets exploited. If they have learned anything from GOX they will give people their money without fuss and bite the bullet. If they do that trust in Bitcoin will remain and they will be a trusted and respected exchange. For now they are taking the only valid approach and that is shutting it down to stop any secondary hacks and scan for forensics. I have no money in Bitstamp but I am looking how Bitstamp resolves this problem. |
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All in buy @313.999 |
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If you had a billion dollars would you want your investment in fiat to go to shit?
That said I would still throw in a few million for fun 😀
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People will no longer be interested in mining. Some grey old fart will start up his mining desktop after a century to find out the difficulty dropped to near zero. Last coin will be mined with CPU mining  |
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You cannot predict unless you know who will pump or dump.
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Of course we're going up. Nowhere else to go All exchanges are on a better price than yesterday. Actually it's either up or left... We could be going back in time? |
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This picture still sums up the general TA of bitcoin  |
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I know what I would do. HODL!! |
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Some poor whale pressed sell instead of buy  |
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Netscape navigator bugs :')
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PoW IS outdated technology.
You did not address any of the issues I put forth about PoS. It's a system that pretty much no matter how you implement it, is going to require more active participation from the public to function, whether it be in the form of staking and attempting to secure the coins you're staking, participating in PoS pool mining with NXT pool forging, or voting for DPOS delegates, etc. It is critical for coin ownership and network control to be completely separate entities. If this is not the case, it requires too much active participation from the public to function, unless you just want it to be a niche product for a very small percent of the population. Many of the people in the PoS community seem to be out of touch with reality. You would need a human demographic from an episode of Star Trek for the public to deal with all the vast intricacies of PoS. In reality, this is what much of the human demographic is:  This guy actually could utilize a BTC debit card. He's never going to be able to join NXT PoS forging pools, vote for DPOS delegates, or stake and secure his coins on a personal computer. Coin ownership and network control has to be separated for the system to work with the general public. DPOS functions in this manner, but still requires more participation than PoW, so is still sketchy in that regard. In the wild case scenario this guy did acquire some proof of stake coin and someone instructed to him that he could earn interest with it staking, he's just going to outsource that duty to a 3rd party Bitcoin bank, (ie: centralization). This guy has Heineken, don't underestimate a dude with good beer in a bad situation ;-) |
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Many of the effects of Smoking and drinking can be reversed with a healthy diet. You need a huge amount of dark green veggies, for a good start.
With good nutrition you will feel better and be able to exercise often.
100% agree This is a great suggestion: everyone, healthy and not, should follow it. @wobber I feel for you In essence a good advice which I totally agree on. Smoking and drinking can deteriorate existing health disorders. Wobber didn't specify his exact diagnosis so it could be antything from cancer to ebola for all we know. Wobber my advice would be to keep or sell your coins, get off this forum, and try and live your days to the max possible. You can check back every other week or so but why waist your valuable time here? Wish you health and recovery |
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5. Bitcoin price has fall a lot in 2014 . The Bear is tired . BULL's show time is up .
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Bears don't tire. We just kick back & wait for you to come to us  They kick back and hibernate! |
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What are the chances and/or implications of Bitcoin being under, say, $500 one month after the next halving in summer 2016?
Surely everyone is expecting the price to be over $1000 by Fall of 2016, but what if it's not?
That halving is priced in already. It's a known event. By fall of 2016, Bitcoin will be sub $10. And so are all halvings after that .... that means two things.... 1. This is the final price of bitcoin 2. You're talking bullshit |
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In all of this, let's not forget that this is probably the first time in human history when mere peons can observe each and every move of government's millions. And not just "results audited by someone considered trustworthy", but unfalsifiable transaction records.
Pretty soon you will be able to see exactly where donations to charity or political campaign or your local "save debby" fund have gone. This is what's really amazing in all of this.
I suspect this will be the reason why "powers that be" will ultimately want cryptos shutdown: the openness. Illegal uses of cryptos is just a scarecrow, long term, no matter how complex it may seem now, most of the illegal transactions will be unraveled. The ledger is public and "eternal", all that can be found will be found eventually... unlike for traditional fiat. The ledger cannot be used to catch people through illegal transactions. Let's say I buy bitcoin from local bitcoins, are you responsible for it's origin? That would be the same as getting caught with a hundred dollar bill that was once used in a cocaine deal. |
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Depends on when the 3d MA/EMA cross over. Bears are dumping all their coins to stop this from happening. When the crossover happens we well go to an ATH in 2015 making $400 possible this year. However the crossover could be postponed to the end of this year. 2015 will be very interesting |
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