Bitcoin Forum
June 19, 2024, 06:42:02 PM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 [156] 157 »
3101  Economy / Speculation / Re: Bitcoin crashes when those investing realise 2 things on: November 13, 2013, 04:43:40 PM
1 dollar =2.5 mBTC
1 cent = 25 uBTC

I think it will become

1 dollar = 10,000 satoshi

Sounds like more money Smiley
3102  Economy / Speculation / Re: $400 by tuesday? on: November 13, 2013, 02:38:54 PM
NEXT IS $500$1200 DAMNIT !
Grin
3103  Economy / Speculation / Re: $500 before Christmas ? on: November 13, 2013, 02:02:55 PM
Its $406 right now on MtGox. Would it break the $500 barrier by this Christmas ?

$410 Cheesy
3104  Economy / Speculation / Re: Great New Crash (fulfilled) on: November 13, 2013, 01:03:10 PM
Why would you dump lots in seconds when you can keep the price higher by dumping small portions? Of course 24hrs seems a lot reasonable if you want to cash out.

Only unless you don't want to cash out.
Dump 10000 BTC and put in buy orders directly after to get your money back.
People in panic will start dumping their coins cheap.
3105  Economy / Speculation / Re: Poll: Top of the Current Bubble on: November 13, 2013, 12:52:54 PM
Drum roll at $400 .... Cheesy
3106  Economy / Speculation / Re: Sold earlier at $380.... on: November 13, 2013, 11:37:58 AM
Quote
Yeah, these days though a drop from 390 to 370 is hardly worth the trading fee unless you're moving lots of BTC around. and even then it's hardly worth the risk of not buying back in.

Yep, noticed it. IMHO it's better to keep the coins in a safe wallet

+1
3107  Economy / Speculation / Re: Sold earlier at $380.... on: November 13, 2013, 10:45:46 AM
A crash should have happened but it didn't.
We're pushing the resistance, once it goes past it wil become a new support level.

If a crash would happen it will probably happen when a new bubble high is reached, let's say $500.
Faith in bitcoin has increased and bitcoin is more widespread I don't see it dropping hard atm.
3108  Economy / Speculation / Re: 400 in 6 - 12 hours! :) on: November 12, 2013, 11:18:23 PM
To continue.... $300 i'm buying more unless panic sell then wait for lowest low Smiley
3109  Economy / Speculation / Re: It's getting frothy, and I'm dumping 75% of my coins on: November 12, 2013, 11:07:59 PM
in terms of btc a 10fold difference is nothing. just another year.

currently i need another 4fold and i will retire  Grin

I entered late so three years for me Cheesy
3110  Economy / Speculation / Re: 400 in 6 - 12 hours! :) on: November 12, 2013, 10:55:13 PM
I Believe we are up for a surprise that we'd be surpassing 400 in the next 6 - 12 hours , hang in there folks! Smiley It's gonna be a ride up! Smiley
You'r prediction is turning out to be right, mate  Wink
So, one prediction for me - when will the price fall below 280 BTC ?
Need to buy my first bitcoins (4-5BTC), investing half of my savings.

Welcome aboard. Just buy and wait you can always step out if it drops.
I myself bought 5 extra and I felt bad about it but it's a high-risk high-gain investment.
Last time I won big with mining and doubled my money.
You might make $500000 with those 5 BTC or zero.

OInly invest in what you are prepared to lose and have an exit strategy.
I live with my parents so I'm prepared to loose all my earnings of last year that is $3000.  Right now I can invest $1500 and same 2 months later.
Even If I loose it all, I'm confident I'll generate enough fiat for bread and butter.

Then get aboard before we go to the next station Tongue
Yes of course I'll be boarding our train, just waiting for the price to drop once below $280 that I speculate will be around Christmas or around March 2014 when youngster will have to pay college fees.

I believe there are too many people ready to buy above that level. Purely based on feeling I don't think a panic sell will happen anymore. What i've learned from bitcoin is that waiting for a drop usually makes it go up ;-)
3111  Economy / Speculation / Re: PANIC BUY!!!! on: November 12, 2013, 09:37:31 PM
I think people are uneasy investing a #$% load of money for something virtual.
They will come around Smiley
3112  Economy / Speculation / Re: 400 in 6 - 12 hours! :) on: November 12, 2013, 09:35:08 PM
I Believe we are up for a surprise that we'd be surpassing 400 in the next 6 - 12 hours , hang in there folks! Smiley It's gonna be a ride up! Smiley
You'r prediction is turning out to be right, mate  Wink
So, one prediction for me - when will the price fall below 280 BTC ?
Need to buy my first bitcoins (4-5BTC), investing half of my savings.

Welcome aboard. Just buy and wait you can always step out if it drops.
I myself bought 5 extra and I felt bad about it but it's a high-risk high-gain investment.
Last time I won big with mining and doubled my money.
You might make $500000 with those 5 BTC or zero.

OInly invest in what you are prepared to lose and have an exit strategy.
I live with my parents so I'm prepared to loose all my earnings of last year that is $3000.  Right now I can invest $1500 and same 2 months later.
Even If I loose it all, I'm confident I'll generate enough fiat for bread and butter.

Then get aboard before we go to the next station Tongue
3113  Economy / Speculation / Re: 400 in 6 - 12 hours! :) on: November 12, 2013, 08:43:38 PM
I Believe we are up for a surprise that we'd be surpassing 400 in the next 6 - 12 hours , hang in there folks! Smiley It's gonna be a ride up! Smiley
You'r prediction is turning out to be right, mate  Wink
So, one prediction for me - when will the price fall below 280 BTC ?
Need to buy my first bitcoins (4-5BTC), investing half of my savings.

Welcome aboard. Just buy and wait you can always step out if it drops.
I myself bought 5 extra and I felt bad about it but it's a high-risk high-gain investment.
Last time I won big with mining and doubled my money.
You might make $500000 with those 5 BTC or zero.

OInly invest in what you are prepared to lose and have an exit strategy.
3114  Economy / Speculation / Re: Future price of bitcoin - logarithmic chart on: November 12, 2013, 07:55:07 PM
Good point DeathAndTaxes.
Just like mining real gold we have come far since the sieve and we're now using deep mining rigs costing millions.
More expensive mining rigs will bring the price of a bitcoin to new heights just like gold.
If a bar of 12,5 kg gold can be around €400000,- why can't 12,5 Bitcoin be that Smiley

The bitcoin will hopefully reflect the price of mining hardware and effort needed to mine deeper.

I can understand the plateau because the amount of miners will decline and mining companies will come into existence to find bitcoins.
This will probably make the trend more based on the technology and less volatile between technology shifts. Mining will slow down considerably.

Dedicated mining companies / mining clouds are popping up so we are at the beginning of the "third phase" in my view on bitcoin mining.
We still have a few years of ASIC development ahead so the price will probably keep increasing for now.

My view on phases:
First is solo miners - no adoption by anybody, no real value
Second is mining pools - adoption limited to a few companies, exchanges pop up for trading, value picking up rapidly
Third is mining corporations / mining clouds - adoption starting to pick up by quite a few companies, value picking up even more
But then???
Forth could be
 - the death of bitcoin by quantum computers
 - worldwide adoption
 - replacement of bitcoin by bitcoin_v2 to solve some oncomming problems.


That said... If I can still get 10x to 100x my money it will be a good profit Smiley
3115  Economy / Speculation / Re: 400 in 6 - 12 hours! :) on: November 11, 2013, 10:59:57 PM
Get a room!

By this time next year hopefully we can afford a really nice one!   Grin



We'll probably still be living in boxes since the bitcoin will still be climbing.
Eventually you'll have to find the break-even point between more money and being able to spend it before dying Cheesy
3116  Economy / Speculation / Re: dollar collapse on: November 11, 2013, 10:54:16 PM
Last 2 guys, it's a simple mathematical problem. In Socialist Utopias the state takes from those who work and gives to those who do not. The baby boomers are retiring. They have not sired enough kids to take over the bills. This means less funding for more people, which means higher taxes and less payouts for each individual. Everyone loses. Matters of environment, ethics, lolcats and whatever else is entirely irrelevant. It's a problem that will bankrupt all of Europe even if there were no other problems, and it will take generations to fix if we started right now.

Since you are obviously not European I can understand that your view of Europe might be slightly skewed as is our American view.

Ok let's state the opposite in the same light as you did.

If we don't help the sick they can't work, if they don't insure themselves (since they have no work) they still need medical attention. Eventually they end up in healthcare for which they have no money. Without money they get inadequate treatment and end up crippled. When crippled they sue everyone. Money has to come somewehere so taxes go up and economy goes down.

Both systems don't work ideally but I do believe in helping your fellow country members if they need help (up to a certain level).
3117  Economy / Speculation / Re: dollar collapse on: November 11, 2013, 10:34:07 PM
It should be noted that the european economy is in deep shit even without the failing dollar to push it along. There are simply not enough people in the 20-30 range to pay for the retiring baby boomers, and it's their fault for not having enough kids (sub-replacement rate).

Having more kids solves all problems Roll Eyes
3118  Economy / Economics / Re: Should I invest in the dollar? on: November 11, 2013, 09:54:24 PM
I would go short on the dollar Tongue
3119  Economy / Speculation / Re: 400 in 6 - 12 hours! :) on: November 11, 2013, 07:16:07 PM
Volume has reached near zero so either it's going to crash hard or people get their next paycheck.
I believe a small panic will happen since I see a bitcoin seller getting more and more bitcoins in stock by the minute.
A crash would be a good thing to get the price back into the realistic ballpark around $300 so it can continue to go up steadily.

But what do I know Cheesy
3120  Economy / Speculation / Re: Great New Crash (fulfilled) on: November 10, 2013, 10:46:46 PM
I still believe we will start a decent towards $330 or lower.
Pages: « 1 ... 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 [156] 157 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!