If it's a round hill type top (moving average) we've seen the highest price already. If not it could go into the triple digits for a few minutes in a spiky top. Anybody who isn't a ideological bull and tries to game the difference is crazy. (Ok they both are  ) |
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You tell me, I hear that the first time, but then it wouldn't surprise me.
From my experience the more hostility from Bitcoin Hardliners there is the higher it takes off. We've seen that with LTC, now XRP, and you can bet the newest additions will be just as hated.
I would even go as far as to be bullish on a currency because it is attacked by mainline idiots.
Arguing against LTC is kind of pointless at this point anyway since it has enough hashing power and it's own black-market, so whoever wants can try to boycott and badmouth it all they want it will not go away even if they were successful with it.
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Umm I probably cash out a few at dollar parity.
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Sediment improved actually in the last few months if that means anything to you.
It does, but I still see people way too often refusing to use services if they accept litecoin along with bitcoin. Really? You know my way of dealing with this is getting some laughs out of the situation, oh and some tasty profit. |
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Friday, 5. July: High 0.129 USD/XRP
you mad?
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Sediment improved actually in the last few months if that means anything to you.
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The few speculators who actually sold near the top just sit back and chuckle at these threads.
They know the biggest fools just hold until the value of their asset goes to nothing. Always afraid to get out with a loss and ride it to the bottom.
The top used to be US$ 1, then US$ 30, then US$ 260 ... There will also be a final top, even in the case Bitcoin survives the dollar. |
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So yes it can be done. Is it good for "Bitcoin"?
It may be. There's an awful lot of bitcoins owned by relatively few early adopters. If Bitcoin is to succeed, a large chunk of those bitcoins need to be extracted from those early adopters and spread amongst the general population. It seems these early adopters have had a pretty good understanding of where the future is going. I for one would be happy to see these kinds of people get incredibly, filthy rich, so they can invest in awesome new businesses and technologies. Now that would make a change away from the current status quo, where the financial system only benefits parasites and sociopaths. IMO most Bitcoiners are the most sociopathic people there are. It takes a *special* attitude to strive after a system where economic status is derived only by a unchangeable, unchallengeable, non-physical ledger. |
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 JUST SAYIN' On this chart alone I count 4 failures. Two in May one in August and one in October. The October one could could have been profited from with the right exit strategy, but the ones in the bull market and the August one would have been absolutely disastrous independently of strategy. 4 failures < 9 successes, no? I can't argue with that. But it was my own fault it's actually 5 failures. The point is psar works well with decisive movements and I can't see that right now. The bears have exhausted themselves last week and the bulls aren't confident enough. |
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JUST SAYIN' On this chart alone I count 4 failures. Two in May one in August and one in October. The October one could could have been profited from with the right exit strategy, but the ones in the bull market and the August one would have been absolutely disastrous independently of strategy. |
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Spießbürgertum und Bitcoin eine explosive Mischung!  |
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That sure ups the statistic Btw people who enter "buy btc" into google aren't buying bitcoins, they are using google. |
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This is the first bounce after dropping from 110 to 65. You really think that means the downtrend is over?
Well it depends on what scale downtrend we're speaking of. I'd say we're going to see some green candles for a while. After that I have no idea what happens but if you're planning to buy some SR goods in the next couple of weeks then it seems like a good time to buy some coins to be spent soon  What also could happen is a smack-down today in which case psar would go back where it was. |
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There ought to be bounces in the search engine interest too. And it doesn't lead the price, it follows it.
And if anything the more people compare this to 2011 the more similar it will be. I'm not saying it will happen and open for the possibility of something else, but should it occur I'm fine with it.
What also could happen is a downtrend in the excess of 2011 which would take several years. Not that I think it is likely but I'm open for the possibility.
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Never use parabolic sar as a complete trading system.
You see it failing at the beginning of the chart during the uptrend. The same thing could happen now.
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There we go, 61.8% retrace. Plus, the recent negative sentiment is all cleared. You guys think we will be able to sustain triple digits in 2013? Suit yourselves. What is this "sustainable" you speak about? |
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Keep your eyes on the charts my friends. This afternoon/evening, I will use my masses of USD to prove my lust for Bitcoin is firmer than the legions of weak-boner traders that recently began to pollute this forum. For all you doubters/haters: compare time of my post w/ time of recent rally. You post all the time. |
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The bears have surrendered  No we just had lunch and are digesting. |
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