6 chartbuddy posts in a row !!! This thread is dying.
That's good! I was hoping for 7 in a row... IN recent times, I have been having difficulties determining whether my internet connection has crashed... what a flatlined ticker!!! |
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JayJuanGee
I'm working on a model for the pain threshold of btc investors. What is the point at which you sell everything, and refrain from telling anyone you know that you even flirted with such a thing? I acknowledge that either of these things could happen, but what is the price point that both do?
Kind Regards,
Surely, I am irritated by the long stagnant price; however, I remain a buyer and holder, unless there is some kind of negative change in the fundamentals of bitcoin. Even though, in the bitcoin world, in the last couple of years, there has been some political drama, there have NOT really been any material and/or substantial negative changes in the bitcoin fundamentals.... therefore, buying and holding seems to remain a decent strategy. In other words, there are some people, including myself, who are NOT directly motivated by price (in terms of getting scared of long term lingering low prices). Also, largely, bitcoin price really as been lingering in the lower $200s territories for 6 months, but that fact does NOT really break bitcoin or undermine its utility in any meaningful way. |
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Define imminent.  im·mi·nent ˈimənənt/Submit adjective 1. about to happen. "they were in imminent danger of being swept away" synonyms: impending, close (at hand), near, (fast) approaching, coming, forthcoming, on the way, in the offing, in the pipeline, on the horizon, in the air, just around the corner, coming down the pike, expected, anticipated, brewing, looming, threatening, menacing; informalin the cards "a ceasefire was imminent" These days, imminent, in bitcoin seems to be something like 6 months. |
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I heard a nasty little rumor about some big announcement this week. From the Winklevii.
Does it actually have to do with BTC?  To be honest, I don't see the ETF happening for a couple years. The SEC won't move so quickly methinks. Even if there is a ETF, I cannot really see that making any major difference in the price, at that time. |
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BFX hack was pretty limited. OKcoin didn't go belly up (yet) either all those shorters will get squeezed soon, not many cheap coins left for shorting I have the same sense. I really can't see prices getting a whole hell of a lot lower... There have been so many attempts in the last six months, and really, does NOT seem like there are a lot of sellers in the lower $200s price range. |
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750 on stamps if they dump it all in 1 hours time i guess we'd feel it It's more of the 8400+ BTC that are also coming. It's important to remember there is a difference between "volume" (potentially same bitcoins back and forth between different people) and "net sell". These 8400+ BTC are going to add 8000+ to the "net sell" and taking cash out of bitstamp. Thanks for the heads up, my bids start at 250 CAD, I hope I am not going to be disappointed. you're going to be disappointed in... 5 Seeming attempts at drama, when BTC prices have been pretty stable and uneventful for about 6 months... maybe even longer. |
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Btw, that's 150 just for electricity, that does not include rent, wages, taxes, etc...
150 is cheap, is this for a dedicated miner or pc? PC?  I don't even think a pool would recognize or accept your hashrate. It wouldn't even register. my guesstimate is based on my personal experience with knc Neptune (around 3 TH/s at approx 2000 watts) and 0.10 $/kWh Which should generate about 1 btc per month. For paid off hardware, you're looking at about $2.23 in profit per day at current prices, and you need to get rid of 2000 watts of heat too. Well, there goes my hopes for BTC prices to go up..... I kept thinking that mining was NOT profittable at the current BTC prices. |
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poeple are going ape shit, this can only mean one thing, the next 24 hours are critical
I think that I will HODL... or maybe I will buy a little?  Here is my free & well-intented advice: Sell before itīs too late JJG! GAME OVER man ; I hope you learned your lessons in the past and listen this time! ENDTIME for BTC; more than ever before! OMG!!!!!! Did I miss something? I better listen to Fonzie, no? Or maybe I will just ignore his advice and HODL? |
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poeple are going ape shit, this can only mean one thing, the next 24 hours are critical
I think that I will HODL... or maybe I will buy a little? |
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Yea I think 230's will not survive, possibly by tomorrow.
could go a little lower but trend is up IMHO...  I hope so. It would be about time to go up. We've been in this $200s zone for too long... I am looking forward to some movement towards $300s and beyond.  |
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we will soon see a bitcoin breakout of the 200-300 $ range
"soon" I've watched you become almost imperceptibly more skeptical over time. And funny. I like that! way shorter posts, as well How could a person NOT become more skeptical, shorter and funnier with nearly 5 months of bitcoin price stagnation? |
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we will soon see a bitcoin breakout of the 200-300 $ range
"soon" |
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After such long, unexpected and exhausting bear stretch I'm just afraid to be an optimist.  Being cynical simply to avoid ridicule is the way of the coward. Rejoice and praise the rocket gifs! We are going to da blimmin mooooon!!!! Also, I'm a miner so I don't really have a choice. Granted, cynicism is just the same error as naivety, just in opposite direction. But it's not ridicule what I'm afraid of. It's making wrong bet. As for "no choice", remember: Even if you are swallowed, you still have two exits. No one is going to be churned up in the guts of anything. Stop being so negative all the time! I'm NOT sure about whether the question is about being too negative or NOT... It just seems that the reality of the matter is that we are going to need to see quite a few changes in market dynamics to reverse the bear trend. Surely, if BTC prices were to double, then a lot of press would come to BTC, and maybe we could continue the upward price trajectory.... on the other hand, now-a-days, as compared with 18 months ago, there are a lot more market mechanisms that allow the shorting of bitcoin... and therefore, it seems that people do NOT even need to hold bitcoin in order to bet against them (or to sell them)... In that regard, seems like that there is some fractional reserve banking going on in the bitcoin world (which seems to be contrary to the public ledger and contrary to the original blockchain design of BTC). It seems possible that some day, bitcoin market mechanisms will be created that will recognize more value to those people who actually hold actual bitcoins.... but at this point, there seems to be too much diluting of the value of bitcoin going on which seems to be causing downward price pressures, including keeping these prices in the $200s territory for more than 4 months. |
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Right. Going long.
One thing is "going long" and another thing is having had been long a long time ago, more than a year... hahahahaha... woa is us long time longers. |
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I'm still waiting for my cheap bitcoins.
that BTC-E exchange totally sucks, I cannot deal with that kind of BS.
Welcome to the 21st century in the new wild west, folks need steel stomach lining for this kind of thing and it's sad to say this. This move today shook and surprised even the best of the past of us. The average interested party probably lost money today, the above average made a few bucks and the bold super-minority made a nice stake. This might be a first from btc-e. We've been lingering in the $200s price range for more than 3 months; however, the previous year was well above $300.... in that regard, I have a hard time coming to the conclusion that we are going to witness prices going under $200 - inspite of anything being possible... |
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220 turned into resistance now, bulls better break it soon!
Not good enough available fiat right now until the end of next week otherwise I'd be buying in at this price. Buying below $220 seems good - even though we have ben stuck in these price arenas for more than 3 months. |
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This shit will skyrocket. Mark my words. I wish I could buy even more.  Rocket without Willy? I'm looking forward to this proposed "skyrocket" ; however, I am curious concerning WHEN? To me, it makes a difference if the "skyrocket" comes in the next few months or in the next few years. |
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China pushing up to 237. Finex, BTC-E and Bitstamp not moving at all.
Coinbase exchange is staying over OKcoin spot price at the moment. Sweet, then the others will probably creep up too. Creep up, but for how long will it last. BTC prices have had a tough time in the past 6 months or so. Surely, we need to see some creeping back into the $300 and $400 territories... and really, $500 or $600 seems to be a much more reasonable ongoing value for the next year or so... though I probably would NOT even be content with that in order to get some meaningful market cap for BTC to be in the 10s of billions rather than in the lower single digits of billions. |
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I don't believe in TA's but things are not necessarily bearish in my opinion. As predicted earlier in this thread May's the time. Not long before we see some real action; bears are running out of time...
The problem with the month of May is that volume and trading activity tends to die down over the summer months and May seems to be the universally accepted starting point of that phase. I'm kinda afraid of yet another long and dry (no pun intended) summer... Unless something radical occurs, maybe we will NOT really see any dramatic changes in BTC prices until August? |
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is that coinbase on the far right? holy shit that walllll Yea it came out of nowhere yesterday. More than three months of BTC price floating in the $200s.... stable? |
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