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I try to concentrate at work.
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Omg what kind of witchcraft is this? I went on vacation for 4 days with no internet during what was supposed to be the least volatile time in bitcoin and I come back and the price has floated up $200 on no volume. Looks like everyone unanimously decided to pull their sell orders/bots and there are no coins for sale!
OK whoever asked me when I would admit I was wrong, this is it. The May patterning seems clearly broken. Looks like I've been badly burnt on the 40% part of the 60/40 position I left myself in. I give up with TA and bit coin - the exchange system is too decentralized now for that.
There has been a bit of news you may not be aware of: Zynga will accept Bitcoin on some Apps for example. Some other stuff. And we are now coming out of the holidays for the first full week of 2014 business. My guess is you can still jump aboard. |
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The guy in the movie is actually the designer of the Mercedes S-Klasse. Oh yes? That's why he looks so, er, talented, I guess.  Yes, true. So if you're ever at the hiring end of a job interview, you know what to look for. lol ! |
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Omg what kind of witchcraft is this? I went on vacation for 4 days with no internet during what was supposed to be the least volatile time in bitcoin and I come back and the price has floated up $200 on no volume. Looks like everyone unanimously decided to pull their sell orders/bots and there are no coins for sale!
OK whoever asked me when I would admit I was wrong, this is it. The May patterning seems clearly broken. Looks like I've been badly burnt on the 40% part of the 60/40 position I left myself in. I give up with TA and bit coin - the exchange system is too decentralized now for that.
Bad luck on your position. We are heading to the Oort Cloud. See you there!  EDIT: Hope to see you there??  |
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The guy in the movie is actually the designer of the Mercedes S-Klasse. Oh yes? That's why he looks so, er, talented, I guess. |
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I'd really like a vintage, faded look T. This might have to be a custom design job. Possible secondary tag line: Trains in space! Not for T, just for amusement:   LOL! Good pic! |
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Anyone who is NOT german?  Ich spreche Deutsch dank der freundlichen Unterstützung von Google Translate! |
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Vielleicht gibt es hier ja mehr Deutsche, als wir denken. Oh ja. Ganz bestimmt. Hoffentlich steigen nicht zu viele aus, sonst wirds sicher ähnliche Kurseinbrüche geben wie bei den China-News... Nein nicht darum kümmern |
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Great weekend for sure. I'm just a little upset I bought a small amount of BTC last week for $725 and decided to buy the rest after the weekend because of the so-called "weekend dip"... I should have known better that $725 at this point is cheap as hell, but greed got the best of me.
China still has a surprisingly high volume of trade and people are getting confident that the bad news from a few weeks ago is not gonna matter. Rumors of Netflix, Facebook and Wall Street getting in + Zynga, Overstock, Porn.com accepting bitcoin is making people extremely bullish. People are realizing this may be their last chance to get in before the price skyrockets again. All these great news in the beginning of 2014 is pretty exciting.
With Zynga, Facebook, Netflix and Overstock adoption and awareness will grow faster. Amazon, eBay, Starbucks, Newegg, Dell, and IBM will hopefully adopt bitcoin this year as well (source: my crystal ball). And with hedge funds getting in and the Wrinklevoss ETF getting approved I would expect a minimum price of $4000/btc this year.
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Wow BTC is just on a tear. Charts are in full bull mode:  We will go through that resistance without much ... erm ... resistance. You may think this is bullish. |
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Your fault, is that like many on here, you have started off balanced and analytical, but have gotten drunk on Bitcoin Punch. You have been correctly bullish from $500-$600 back when I was sitting out, at first in a huff, but latterly through caution, but now you are whizzing around with Bitcoin rose tinted glasses on and just as with all those who were calling me an idiot for selling at $1000 (prior to the big drops), you will probably be incapable of sensing when the tide turns, or even when it has turned. Now, should Bitcoin continue as it always has done up until now, in the long run you will come good, but who is to say that the same paradigm will continue to progress and grow and even if it does, then for how long?
Right now for example, there is clear momentum in Bitcoin and who knows how high the price can punch over the next few days. But still, there is this China thing still hanging over Bitcoin like the sword of Damocles, provides me with reason to my inherent subconscious fear of Bitcoin in the short-medium term. People scream that China has been priced into the market, I retort that CNY transactions still accounts for 65% of exchange trades. They scream that these are fake robot trades! I retort, in that case don't be worried, be fkn horrified!
Your weakness is that the minute you read anything on China, your mind will get tired and disinterested because your rose tinted Bitcoin glasses have already dismissed the danger....
Thanks very much for your comments! It may seem like I am punch drunk but it's looking very much like it turned out right to be a bull over the past few weeks. I explained my reasons in several posts. I stick by them. But I am not a day trader. I tried it but can't hack the stress. It strikes me that this might not be the best time and market for it anyway. I am not disinterested about China! I was the first to respond to the recent post by the Chinese bloke. I mention China all the time! Fundamentally the China thing is not a problem for Bitcoin's growth. I think it would be better for Bitcoin for there to be a clean break and for them to drop out completely and I think that we would bounce back very quick indeed from any dip this caused, rather for there to be doubt dragging on. It's the psychological factor that is a bit worrying, but in the end I think it is one element among many with Bitcoin and the goods outweigh the bads quite significantly at the moment. I also don't need to learn special TA to see that Hodling is looking by far the best option for now and that day trading is fraught with danger. It's unnecessary right now and for the weeks to come I think. Just Hodl! Incidentally I want to keep a good portion of BTC and spend some, at least until it is way into the mainstream. I think it is going to be a good, multi-faceted asset to have in a portfolio. |
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Just had my daily reassuring peek at the all-time log chart.
Even Especially after today's rally, it's right on schedule.
Such an apt way to start the year! |
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Ok, let's make the regular bitcointalk.org whale profile. He/she drives a lambo and wears alpaca socks! What else! Or a Bugatti. That's what Loaded's rollin' in. yes... now i want a Bugatti. I e-mailed them, asking them if they would take LTC, no reply back  Another car promotion but this one for LTC? I wonder what other coins you might eventually get accepted for a top of the range sports car? Pretty sure I could get LTC to double in a week if the world knew we could use them to buy brand new Bugatti's I might try and convince someone to sell me an old banger for some Quark! |
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This thread doesn't do walls of text. It .... must ... have ... PICTURES to analyze....  For posterity! So it's definitely true then ? I get the feeling the site has unwittingly posted some dud news but I think someone bought in on it though! Stamp shot up. |
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Ok, let's make the regular bitcointalk.org whale profile. He/she drives a lambo and wears alpaca socks! What else! Or a Bugatti. That's what Loaded's rollin' in. yes... now i want a Bugatti. I e-mailed them, asking them if they would take LTC, no reply back Another car promotion but this one for LTC? I wonder what other coins you might eventually get accepted for a top of the range sports car? |
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I would close this thread until we are certain or it could cause ... volatility!
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I'm still not sure about this. Has it been verified through other sources? |
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+/- $1,240 (price of an ounce of gold)
At the end of 2013 we just scraped the price of an ounce of gold, a very significant event and not a coincidence. This price is hugely important.
Gold has been an integral part of human culture thousands of years. It is more established than fiat currency. It holds huge psychological sway. This cannot be underestimated.
The history of gold is incredible. Few cultures have not held gold as something precious. Some of the most recognisable artefacts of ancient history are made of gold (Tutankhamen’s mask). Empires have been invaded for the sake of gold (the Incas).
hm, why was it no milestone when 1btc hit the price of one gramm of gold? Or one grain? What is it with one kg of gold? It might have psychological effects but you comparing just to random units. Let's talk again when Bitcoin has the market cap of gold. Bitcoin is not even close to gold, not even 1%. I'm talking about milestones now. I thought that was quite obvious. Is it not clear? There'll be a media flash. There was when it last got to an ounce of gold. Bitcoin is much more in the media now; it wasn't so earlier. That's what I'm saying. Is that unclear in my post also? |
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What is harder, is what to tell to the customers and business associates of various kinds.
Do they understand the meaning of the word, "Hodl"? |
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