you may have to wait very long for a crash to come, and the level from where the next decline starts may be way higher than you think.
The technical pattern of the breakout is very strong, accompanied with huge volume.
Perhaps we see some consolidation at "1/10parity" = 0.1 USD, before BTC break this level.
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you're right.
Mtgox has become the market leader and on all other exchanges volumes are ridiculously low.
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:-) First I need to have a rough idea about when this will be. And , if I fundamentally believed into this, I could buy them now for about 0.066
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I agree with the current situation. Its too co mplex.
At the same time I disagree about the timing. Why cant the smart people here work this out and work together with some early adopters (maybe someone can convince LastPass or another site to work together with us to try)?
Cant we challenge our self to do this in a week?
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the market at btcex is just too small now and the spreads are still way to high. 4000 BTCs is ridiculously small market (246 USD per day). just compare this to small cap stocks where volatility is also high, nbut market cap is millions of dollars..
with more people joining prices will match mtgox very soon and the exchange rate is the only variable.
by the way, last price is 2.00 RUB, so now worries.
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probably price will be up 10fold by then
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Building on your idea, this could be expanded to a dating site.
Dating sites have some issues with payments as they are not very anonymous.
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Great idea!
A few thoughts.
Initially, I'd charge nothing for posting notices. As you want to generate trial of new users, the barrier must be low, especially as not all people are so familiar with it. (This is the model ebay followed very successfully in the beginning. once people are loyal, you can start charging small fees)
Name proposals:
i.e. Trust(ed)Trade Goods-for-bitcoins
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Right, and the chart prediction for a breakout to the upside proved right, supported by the high volume.
Next big target is the all time high around 0.08
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Bitcoins are back in Rally mode! This is evident in many areas * BTC / USD exchange rate is rallying ( mtgox.com) * Number of businesses accepting BTC are rising * Number of forum activities are increasing All people in the "bitcoin team" did a great job. Lets continue!
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+2 ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Foreeverdamaged is right. Its the same like for current wall street markets. we have seen oftne enough surprises despite the regulation.
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I agree with FreeMoney in everything.
Biddingpond is great and I would love to sell / buy.
We need to have some more people from Europe as the shipping costs are too high for overseas.
I have great silver coins to sell!
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best would be :
as bitcoin is a global thing, we should also have a global exchange for all currencies
Mtgox could add multiple exchange options and just use actual spot prices to convert.
should we ask mtgox? i do not know who manages it
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wow!!!!
but they will likely develop their own and see bitcoins as competition
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I agree that the automated trading helps providing liquidity.
At the same time, there is accumulation happening overall in the btc market , with a breakout to the upside more likely than a decline.
On by the way, idont hold large positions, I am not talking the market up. I just offer my technical analyst experience for perspective.
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thats what I think, too...
it's strange that you don't find Satoshi on any popular social media site. if he'd be a known hacker or computer freak / specialist, you'd be able to find him nowadays in the internet
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Correct.
Biggest resistance is at 0.062. There is a 10,000 BTC+ sell order at that level. If this can be broken, then there is little resistance (=few sell orders) until 0.064
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The gender say it's a male. ups.. just looked at the photo and it looked like a woman..
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The bitcoin market has picked up in volume massively over the past 48 hours. We are almost at an all time high volume. Let's see that sign this will bring... https://mtgox.com/trade/history
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