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uhh, actually, i highly advise not investing in mining on cex.io. the only reason that place still exists is because newbies are so gullible and incapable of doing basic math to figure out that it is a horrible waste of time and money.
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i imagine newbies will never really get a decent deal going because they can't even have links in their signatures. so they are pretty much useless as advertisers, to be honest.
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awesome, didn't know this was live yet. hopefully this will help bitcoin reach an entirely new demographic! the old farts that have taken over facebook....  |
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The rally is due to the downtrend line breaking at $460. As a result of this, all types of traders and investors are all going long at the same time. In one mass synchronization, every short must cover, everyone who sold to rebuy later must rebuy, and every investor who was waiting for an uptrend to start will buy. This all creates a massive power. It has nothing to do with news events so stop pretending like it does and detailing all the latest hot news like bitcoin is some kind of stock
i agree, we saw a lot of short squeezing here. we saw two big down trend lines broken, so all the traders piled in. now the question is, is new retail money going to follow? because it cant just be traders pushing this thing up. |
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Is it still possible for anyone to join the mining for a reasonable gain? Or is it now too expensive to buy a rigs/Asic miner/Block Erupter to make a decent income*Or stockpilling BTC and sell them for a good price*
With the increasing difficulty, I don't see any "reasonable gain" for any existing ASIC. For investing in BTC, you can start by buying a smaller quantity, like 0.1 btc. It is hard to predict the future btc price, but most of us here expect the price to go much higher.  Or do some work and get paid in btc. that's nice in theory, but the fact is that there is very little work available for pay in BTC. hardly any employers -- and certainly no sizeable ones -- pay salary in BTC. and the marketplace here and elsewhere is tiny, and is mainly only for coding work (or slave wage internet tasks a la Mturk). As an alternative, take earnings and convert x% into BTC. Bam, now you work for BTC. It's not that hard of a concept, :p. is btc liquid enough to do it without taking a pay cut? like, say you wire fiat every paycheck or two to bitstamp. you get charged fees on both ends, i've been told it adds up to 4-6%. that's a 4-6% paycut. now, if you could do it over the counter for no vig, or better yet, for a little profit, now we're talking. but that may depend on where he/she lives |
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i like BTC-E. the interface is not sleek, but it trades fast and does not lag, and i love the trollbox! i've tried bitstamp but i didn't see any reason to stay there. i trade altcoins on crypsty.  |
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perhaps i will revise my answer, lol. at this point i think we might pop 600, but shortly after, i think we will correct back into a range closer to 500, + or - about $30. then we might continue this bull run. hope i'm right!  |
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lately, i've just been hoping for lots and lots of bitcoin. so i've been working on ways to accomplish that. so if i had one wish, i would wish that it would just rain bitcoins on me. you know what i mean? |
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that's a tough one. at first, my gut reaction was -- find a way to remove them whilst still saving them. but that is tough one. i'm not sure what the options are, but the prospect of infestation is pretty scary, even if they aren't deadly.
wish i could be more help in deciding. good luck!
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well, considering the fact that i thought we were going to test 300 and possibly even the 260-270 area, i'm pretty sure it will be much higher than i thought. my guess at this point would be somewhere in the 600s. but bitcoin gets pretty crazy sometimes... |
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wowee. this is looking very very bullish. it's too bad i missed some upside sitting on the sidelines, but at least i have more coins than when i sold back in january. let's go to the moon, gentlemen. |
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i'm not saying it will happen in the 600's i'm saying its simply can't happen before then support is too damn strong and bears can't possibly be that retarded. also look at this guy.  doesn't he look like he'll be buying in with 3 million at 18K/coin? see what i'm saying though -- i could just say "resistance is too damn strong" and "bulls can't possibly be that retarded" and my argument would be just as strong as yours.... minus google glasses man |
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Why is bitcoin going backwards?? is just preparing for the big jump or it will be again at 450?  just preparing. big jump. 450, never again. only 70 points above that level and we're at never again? hehe. i wanna be bull but everyone seems so sure that next bubble is right around the corner. perhaps like sheep being led to the slaughter.... fine buy later when its perfectly clear that bitcoin is about to bubble i'm just saying that we could get a 61.8% or 78.6% retrace of the uptrend to 445-470 area. and if that happened we could still be in a bull trend. (if it stops there....) planning on an uptrend never having a correction has never worked out in my book  still its not gana happen. poeple waiting for a "fib retrace" really need to wake the fuck up, thats not going to happen till at least 600's 400's are gone. all sold out. finished. welcome to the very start of the never ending bull run. what makes you so sure? why would it happen in the 600s? show me a chart or something. you just sounds like you want it to happen, but you got no reasons.... |
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Why is bitcoin going backwards?? is just preparing for the big jump or it will be again at 450? just preparing. big jump. 450, never again. only 70 points above that level and we're at never again? hehe. i wanna be bull but everyone seems so sure that next bubble is right around the corner. perhaps like sheep being led to the slaughter.... fine buy later when its perfectly clear that bitcoin is about to bubble i'm just saying that we could get a 61.8% or 78.6% retrace of the uptrend to 445-470 area. and if that happened we could still be in a bull trend. (if it stops there....) planning on an uptrend never having a correction has never worked out in my book |
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Why is bitcoin going backwards?? is just preparing for the big jump or it will be again at 450? just preparing. big jump. 450, never again. only 70 points above that level and we're at never again? hehe. i wanna be bull but everyone seems so sure that next bubble is right around the corner. perhaps like sheep being led to the slaughter.... |
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i'm not worried about stamp in particular. i think they are very misguided about AML/KYC procedures - they have no idea what they are doing or how they are supposed to comply and are just trying to throw a net over everything. but that is a big turnoff to customers, especially btc proponents. plus, they have an absolutely pathetic trading engine with massive lag that actually misses orders sometimes. and they just haven't been around long enough for me to put any trust in them. in fact, businesses in the BTC economy have such a black cloud over them, none of them should be trusted at all until a couple more years down the road. so if they ask for my passport and the rest of the anal cavity search? bye, bitstamp.
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Most sociopaths are quite intelligent.
hehe, yes, this is exactly my thinking. dude is a pretty smart guy, but manipulative as all hell, and one hell of a pump and dumper. such a weird dude too. |
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added the sig. would like to join. one question --- i dont really understand from the OP how to renew for the next month. do we just sign up again in this thread a month later and repost post count/btc address?
Full Member
Posts: 126
BTC:
1FcqR6EfQ9cMeSdybcaVPxWm2FHkmMisxW
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Interesting that this time alts are not following BTC, they're even going lower. Are we going to see decoupling again like before December?
I for one think investing in alts at this point risky. There is a good chance we are in a bull run that will turn out to be a part of a bearish continuation. As alts lag, an investment in alts could turn south quickly. All the alts are still at historically high levels vs. where the were prior to the last bubble including LTC. i would agree with this. i also think if and when we see a new bull cycle (if it has not already begun) then we might see alts plummet against BTC as they did last Novemeber |
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