How big can the precious numbers market possibly be?
Honest question: Is $10,000 possible in 2014? It's possible in 2013 We'll see a max of $2.5K/BTC in 2013. Any higher and even the old blokes around here will start getting worried... After 6x in November, slowing to 2x in December would be a breather. Its true that infrastructure (exchanges, notably) needs badly to be ramped up to accommodate even current interest. I expect the exponential growth has triggered a similar growth in development, but it will take a few days for them to catch up. Not sure the train is going to wait for them... All that means is that by the time the new devs are ready, they will have ready made full market exposure. It hurts to think about. Your mind can only blow so many times, I suspect, so at some point you need to step back and just let it happen. The 'impossible' simply becomes possible. Over, and over again. Hell, I can't even keep up with recalculating my retirement date. Not quite YET seems to be the only constant. |
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How big can the precious numbers market possibly be?
Honest question: Is $10,000 possible in 2014? 8x increase on current valuation within 13 months? Having seen it in the last 13 or so days certainly makes you wonder. BTC in the evening news every day doesn't reduce exposure. ETF possible before then. VC going nuts. Hell, why not? Why not by mid summer? This is bitcoin after all  |
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new ATH for BTCChina. If thats even worth reporting anymore  Add Bitstamp to the new ATH list. At this rate they'll catch up to Gox china already passed them... |
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new ATH for BTCChina. If thats even worth reporting anymore |
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Adrian-x get to work! yesterday you said tomorrow.... Virtex is still flat lining
Deposits are so slow. we did touch 1001 didn't we? LOL there it goes... bids just did a jump! |
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you have no idea where i have been! at one point i flat out screamed " BIIIIIIIITTTTTTCCCCCCCCCOOOOOOOOOINNNNNNNN " in public , as the cops were arresting me. I ended up in the crazy house bin alongside replica, no joke So now I have to quit the bitcoins, and keep stress levels low... so ya i wont be posting much of anything anymore. good luck all, never let this bubble pop, never!   So you saying your short? Adrian-x get to work! yesterday you said tomorrow.... Virtex is still flat lining |
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With a new vote.. tough one Gotta go with a qualified NO. Meaning, not for any appreciable timeframe. |
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Confession - I went a little bit into fiat at 1215, so I am hoping for a bit of a correction.
Hey - it's no fees weekend, am I forgiven?
Honestly, I think you'll be lucky if we see triple digits again. I suspect a big 'crash' around 1500 but not sure it'll crash a third. I am not looking for three figures - I just figure this weekend will go up and down like a yo-yo and I have buy-backs set in the upper to mid 1100s. Just want more coins! Thanks to people like you market sentiment is 1k+ and you're right. Have to say, it's amazing how ew people realise it's about getting as many coins as possible rather than trying to make as much $ as possible. I think you have it spot on. My new revision/prediction: anything below 10k is cheap. The thing about 10k, is that it makes 100k reasonable. |
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No need to confess. In the heart of every bull they know deeply this is highly overvalued. You just have the balls to admit it.
You're Crazy :p |
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Due for a correction soon?
That was last night. 1242 to 1080 |
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Western Union share price Oct 29th : $19.24 Western Union share price Nov 29th: $16.67 Ch00 Ch00 in reverse  ooch ooch! rofl! |
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Western Union share price Oct 29th : $19.24 Western Union share price Nov 29th: $16.67 Ch00 Ch00 in reverse It seems that it doesn't matter if you are running in front, or behind the train; If you are not ON the train you will be run down |
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Am I the only one that is seeing that coins on much more sparse on Mtgox than on Stamp? If this is true, it would suggest that in the future it is going to be impossible for Stamp to keep up with Gox.
So much has been talked about regarding the fiat "stuck" in Gox and how people would theoretically have to buy bitcoin to get their currency out. However, the other thing is that who wants to sell their coins there if you can't get the money out? If most people with coins who need the money quickly would prefer to use Bitstamp for these obvious reasons, there is just going to be ALOT more bitcoins available on Bitstamp
We are seeing this in the last week. The spread has been over $200 for no particularly good reason.
Its a little crazy that with all these different exchanges, there are such different situations at each one that change the price dramatically and that most people are not (or can not) taking advantage of it (arbitrage).
I can't wait until there is parity in the exchange prices. Although I really question if that will happen anytime soon.
There's almost no money on Virtex. last = US$895 or so. ground to a standstill. Its taking so long to get money in that sells are overwhelming available $. |
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complete redundancy of fiat is a rather extreme scenario What is the historical track record of fiat currencies in terms of longevity? irrefutable. zero cometh for all... |
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on top of this i just saw someone post about a major Chinese state owned telecommunications company that started accepting btc on a previous page, $10000 is coming
So is winter. Aw, shit... I just looked out the window. Looks like 10K  who, what is that face? That's my dad. |
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I guess next is ATH BTC=ATH Au then page count parity and beyond!
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look im just saying, the only reason why people think btc can go to $10000 is because if enough people start using it so much that it becomes accepted everywhere, such that the only reason why it would be worth $10000 per BTC is because fiat would become essentially redundant or worthless. With another huge Chinese company, especially a state owned one, shows that this can happen sooner than people expect. basically fuck the speculators, fuck the greedy assholes that think it can just be a get rich quick scheme and dont fully understand btc. The move to $10000 is irrelevant of them. what will get us to $10000 is real people converting their fiat because btc is better (ps i know this has been said before but your comment suggests that you dont understand the way to $10000) Utter shite. If gold can be worth 7 trillion without anyone spending it, Bitcoin can be worth 500 billion without anyone spending it. Repeat after me. Bitcoin is a new asset class. mate if you are such a bear and have no hope for btc then why are you even here I believe the point is that mass point of sale adoption and mass value asset adoption are not mutually required for one or the other to drive the price up. Bitcoin is many things. -and among other things mine are kinda lonely |
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on top of this i just saw someone post about a major Chinese state owned telecommunications company that started accepting btc on a previous page, $10000 is coming
So is winter. Aw, shit... I just looked out the window. Looks like 10K |
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Now only Paypal will hold it back from 10K mark. And yes; I know it was a Kilogram of gold. How many months away you think we are from making this true? $40000ish. I believe that comes out to 16 months when using the cosmic calculator. |
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That oughta make headlines tomorrow.
Poor poor Peter Schiff |
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