Bitcoin Forum
June 15, 2024, 01:08:16 PM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 [171] 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 »
3401  Other / Beginners & Help / Re: Wall Street Protestors on: October 11, 2011, 06:13:15 PM
someone connected to the OWS could add bitcoins as donation vehicle here: http://nycga.cc/donate/
Bitcoin is already there: "bitcoin.org - 1Q7DQVTubbUqr5by2YoZJRKCEzj9D3LQ9w"

Here’s the project Bitcoiners are working on with regards to Occupy Wall St.: https://bitcointalk.org/index.php?topic=45943.0

http://operationbitcoin.org/
3402  Other / Meta / Re: Text for the "fun" ad slot on: October 11, 2011, 04:47:42 PM
Check out this whole thread: https://bitcointalk.org/index.php?topic=46247.0

I like this one: "We need new suckers, and we need them NOW."  Grin
3403  Economy / Economics / Re: Let's end one debate: Commodity vs Money on: October 10, 2011, 07:52:29 PM
First, let's define commodity. A commodity is a subcategory of "goods."
So how do you define a good? Is the Euro a good too?
3404  Economy / Speculation / Re: DOUBLE BOTTOM? on: October 09, 2011, 03:52:43 AM
Did you initially mean the very short term one in the 4.20s?



Let’s see how all of this plays out.
3405  Economy / Speculation / DOUBLE BOTTOM? on: October 09, 2011, 03:07:09 AM
DID I HEAR DOUBLE BOTTOM?

3406  Economy / Speculation / Re: Long-Term Bulls on: October 09, 2011, 01:55:57 AM
without long-term bulls like you guys, the price will crash to 0.1 or lower instantly. I'd like to say thanks. Because of you guys, I can continue to sell the coins I mine every day.
You’re welcome, enjoy your full subsidy until Peak Bitcoin (end of 2012 I expect).

Please continue regularly dumping at market price so that long term investors get better deals, and the coins get spread to more people. Thank you!

Also, I just added a chart for my technical picture in the OP. https://i.imgur.com/U8uDh.png
3407  Economy / Speculation / Re: Long-Term Bulls on: October 08, 2011, 09:18:04 PM
No, from 1$ to 0.5$ to 30$ to 4$. I have made my gains (and took them).

Perhaps you are in denial that Bitcoin might indeed work as a store of value? Perhaps you are in denial that you could be wrong on this one? Downtrend to zero, losing 4$ a month, eh?

Here’s a statistic for you:

All of 2009: practically worthless
Oct. 2010: 0.06$
Oct. 2011: 3.98$

According to you, it will go back to near worthless. Explain why.
3408  Economy / Speculation / Long-Term Bulls on: October 08, 2011, 08:48:00 PM
I am a Long-Term Bull.

1. Fundamentally, the block chain technology is the first system in existence featuring a technologically enforced, pre-defined monetary policy which cannot be manipulated. After almost 3 years, Bitcoin is still king of the block chains. In the long run, it trumps fiat money because of its decentralized nature. It trumps precious metals because of its digital nature. It’s also near impossible to counterfeit, unlike Gold and cash.

2. Chart: https://i.imgur.com/U8uDh.png
Technically, the divergence in RSI since August continues (no new low in RSI for the second major time, while price again did a new low). Same with the MACD. All this despite huge sell volumes. The bears are losing control just like the bulls did when price got to 30.

3. Sentiment seems almost completely destroyed, judging from recent polls. Everyone is expecting this thing to fully crash.

I have cash – I always turn into a closet bear when things look bad short term to gather more Bitcoins. I will continue snatching up coins. Our kind is almost ready to take over this market.

Why are you a Long-Term Bull?
3409  Economy / Speculation / Re: What I'd do now on: October 08, 2011, 05:55:33 PM
I’ll just assume you’re not a troll.

Seriously, just dump all your coins if you have no trust in Bitcoin. The problem is exactly that people like you haven’t capitulated yet.

Want Bitcoin to recover? Dump your coins. Want free money from the mining? Dump your coins.

And please don’t buy them back until you have faith in Bitcoins. Thank you.
3410  Economy / Speculation / Re: What I'd do now on: October 08, 2011, 05:34:30 PM
'BUY BUY BUY" or "SELL SELL SELL" ?

https://i.imgur.com/3xMUf.jpg
If this screen of yours is genuine, then by all means, do SELL SELL SELL.

Get out, and stay out. Weak hands are not needed. Grin
3411  Economy / Speculation / Animal analysis on: October 03, 2011, 01:07:51 AM
Since "The Manipulator" postings are welcome here, I too will share some analysis.

Let us first review how the old analysis played out: https://bitcointalk.org/index.php?topic=18471.msg233319#msg233319
As we can see, BTCUSD has indeed had a major trend reversal. The snail pattern was an indication that the reversal would come very slowly with excruciating weeks of "price stability", for example at 17 and 14 USD.

As the months passed, though, we have left the snail behind us. Today, I see another pattern I would like to share:



Looking at the MACD it becomes apparent that we are currently undergoing a BIRDISH DIVERGENCE (as can be seen on bird I in red). The MACD with the stretching wings indicates that the bird is ready for liftoff, which can serve as a leading indicator, because the bird in price has not yet followed.

More importantly, we are currently in a trend change from SUMMER to AUTUMN. As soon as autumn comes, it will force the birds to take off and head south, possibly having great influence on the Bitcoin price.

Furthermore, bird I and II are mating, making a great quantity of future birds a strong possibility.

Initial target is 35-60.
3412  Bitcoin / Bitcoin Discussion / Re: Bitcoin exchanges/banks … on: September 27, 2011, 08:56:41 PM
I believe so, but I’d like to deposit Bitcoins for that purpose over a longer term. Do they lend from their own reserves? Otherwise they must be fractional reserve.
3413  Bitcoin / Bitcoin Discussion / Bitcoin exchanges/banks … on: September 27, 2011, 08:42:28 PM
… offering short selling and paying Bitcoin depositors a bit of interest.

Are there any? Thoughts?
3414  Economy / Speculation / Re: Why has bear sentiment gone up again? on: September 25, 2011, 11:17:45 AM
A more bullish sentiment does not directly indicate a bullish price forecast. In contrary, when sentiment is very bullish, most people are already invested and that’s why it can be a sign of a reversal. For example, I bet that when we made the 4.18 low with 200k+ BTC volume, almost everyone was feeling very bearish.

When I see most people here go crazy, like many did before that awesome conference (that was at a price of 11+), I begin to feel pretty bearish.
3415  Economy / Economics / Re: Gold: I smell a trap on: September 24, 2011, 04:41:40 PM
Well, that played out nicely. The drop in silver is madness. Congratulations to you for your prediction and probably short on Gold. Now time to stock up on Bitcoins. Grin

This cheers me up a bit, as I have watched the rise in Gold during the last months with disappointment, while Bitcoin continued its decline. Though Bitcoin until now seems unaffected by everything and a completely detached, independent market. It could be the ultimate hedge, especially when its inflation rate decreases to bearable levels.

Will be interesting to see if deflation will decrease Bitcoin’s attractivity.
3416  Economy / Speculation / Re: Bitcoin Technical Analysis on: September 23, 2011, 07:48:22 PM
I’d say that they have a great percentage of BTC and USD funds though.
3417  Economy / Speculation / Re: So far my predictions have been accurate. on: September 21, 2011, 01:23:09 AM
Holy crap it starts collapsing!
Sell your Bitcoins ASAP. Grin
3418  Economy / Speculation / Re: RALLY! on: September 20, 2011, 08:01:43 PM
I get 100 BTC/BTC by December?

RALLY!
3419  Economy / Speculation / Re: RALLY! on: September 20, 2011, 02:01:20 PM
a few recent bullish factors:  squashing of the alt chains, Gavins patches to prevent similar vulnerabilities like DDoS protection and Geist Geld fix, bottoming out in sentiment via selling capitulation, Congressional mention of Bitcoin.
How about this: http://www.sibos.com/conferencedata/pages/session_details.page?sessionID=session_2455aa96-7a25-4fa3-89eb-f24f8fc0ee16

Personally, I’m already up now from where I was when the price was 10$ (where I sold and bought multiple times on the way down), thanks to the bears who donated me coins.

Let’s see if this can develop into something bigger.
3420  Economy / Speculation / Re: RALLY! on: September 20, 2011, 01:50:58 PM
Indeed, forget price stability for a few years.

Ideally, Bitcoin will just rally strongly in bursts over time, until it is valued in 3 or 4 digits, when it should get much more stable due to a more mature market. I imagine that Bitcoin will first have to prove its utility as a store of value, and from there can be used as a genuine currency – as unit of account.
Pages: « 1 ... 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 [171] 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!