I am outta here... need to sleep even earlier tonight another early flight tomoz, and the sleeping pill has kicked in... last thing I replied to had the spelling mistakes of a 2 year old.... which is how I suddenly feel too...  night keep them Bitcoins safe 

True capitalism and a true free market,without any intervention or cronyism  that kind of capitalism-  or do you mean "crony capitalism is evil" ?

1 - pfft
2 - Who are these "lot" of people that knew? that "bought the rumor" and where was their buying? or price spike up from this? (even a small one) and where is the corrosponding dump ? of the sell the news ? price has been stable since news came out...
3 - Do you not consider that volume might actually increase? and then what happens with this theory/problem
4- I think just as many people know the price as knew about Dell accepting BTC - and really we know it was above market value- and that Tim won all lots- that says plenty- and does it look like Tim D is about to sell his coins to realise this "great profit"?
5-  And so what if there is demand- to date demand has not fallen compared to supply - the DPR coins are already part of the coins in circulation- even if they are not currently "out in the market place" it is just as if they are in cold storage - and also so what ? did you see what happened with the last auction?
6- I am bullish about more and more and more merchants accepting Bitcoin , rather than on just one- it is a stage BTC must go through to continue down the path to glory - and it is doing so- how else can we get btc to uniquity without getting more and more merchants onboard? and give it some bloody time.
7- Nice anecdote -please tell us more- do you know everyone on wall street ? and again  = time
8 - The components that make up an I-phone are actually decades old tech ! yup you heard me- it is just now that they are packaged into a "sleek and small" device in the way that they are - and at a price that is affordable- Iphone could have come to market 20 years ago if Jobs had his act together and if people were willing to pay $100,000 for each one- and it be the size of half a brick- the only thing that has changed really is the cost and size- the tech was there already or in advanced stages of being developed decades ago - or was in one form or another already in the market place- it is old tech- repackaged and shrunk - to be accurate. Compared to the blockchain/BTC protocol which is not an old tech.

Also you seem angry - what is that about?




[/quote]

First of all, I am not angry at all. Not sure why you got this impression. But thank you for taking the time to challenge my opinion. This is what I was looking for !!! Unfortunately I can not claim to be right in all circumstances. who is ?

1. Either you believe or not believe. I like charts you don´t. Fine by me- No I like charts A LOT- I just did not like that chart or see it as your argument.
2. I was quoting an old time market saying. As I said, the market should have sky-rocketed, but it did not. Clearly a signal that there are people who knew more and took positions. Bitcoin is still unregulated. Bitcoin is a perfect underlying to play insider information without going to jail for it....But these people - where is their "selling of  the rumor then?" basically you are just staing a guess and it does not even sound slike a solid one. And of course I know the old saying - I used to work for various banks at various levels, ainly offshore and private equity surrounded by traders and speculators.
 3. Surely, volume might increase, still this amount of coins will cap the short to mid term performance of bitcoin, if not even crash it. People pay 50% interest p.a. for those positions. They will not pay that for long if there is no reasonable performance soon. - Maybe volue will increase and ncrease at a vast rate? maybe not and those people will default ?
4. Not too sure who Tim is, but it if he paid more than USD 600 he made a bad deal. Maybe you know him better or know more about the auction price. Can you educate me ? I do not know tim, one person I have not met - he paid the deal - for him a good deal obviously, not the kind of thing you fall accidently into ...
5. see point 4. Still too many coins coming to the market. Including the 3600 daily mined coins. It is all about demand. But looking at exchange volume, there is not much of it.... too many coins- only if the volume stays static - I will hazard a quess- it wil not.
6. More merchants is good for early adopters. I doubt that anyone who wants to buy a Dell computer will buy a bitcoin to do so. Too many people "stick" to their coins. Once they finally got one, they are not going to spend it....  My precious !! You miss my point I do not giv e dam about Dell- I give a dam about Dell+Overstock+Ebay+ Aazon+Tesos+etc etc you get my point I care about merchant adoption growing overall and the good thing from it is not so early sellers can sell there coin, but it is building the ecosystem and n that are merchants involved- it is growing.. right? that is what I care about- and sprinkle a little bit of time and the list will grow and mechant adoption is ONE of the KEY eliments in this part of its growth  indeed a needed part- in my view we are 1 year ahead of schedule at this point in terms of merchant adoption- next year end of- then lets have a recap.
7. I am in Europe... very difficult to know everyone there. But if you like anecdotes, I got one for you. I was advising major European Banks and Hedgefunds already in 2012 about Bitcoin. Believe it or leave it, I am not going to say more. There are a few people here who know me personally... You cannot win this one. - fair play but you do not know them all is my point- you know some.. and some will think in one way and others another.
8. I guess this is a point we will never agree on and I stand to my point. Bitcoin is not new ! It is from 2009.  Right an iphone Apple phone is essentially from 1990 and older tech - there are compenents - key ones that exsisted even before then - the military do not just blow stuff up you know- you could even argue that they are repsonsible in a large way for or all of the R&D that led to soe of the ore interesting compenents that make up and iphone. The technology that enabled gps,touch screens, voice activation and transmission and etc etc etc etc etc (list would be long) is all decades long tech - sure it was bundeld into marketable package, once and only once that had sourced the orignial components from te original R&D/owners (certainly some from MOD) and then made it, but only once it was cheap enough to mass manufacture, at a cost that could be possible in the market (we certainly COULD have had a "2009" iPhone in 1990 already ,but the tech would have cost $50,000-$100,000 each, nothing to disagree with really...  BTC is 5 years old-in terms of tech which not new to you if you helped develop the protocol/tech or to anyone in the field maybe - but the actual" product"  BTC at 5 years old is relatively new.. is (it is a toddler)

Glad you are happy- I hear happy people live longer.

[/quote]

There was once a troll named Fonzie
of which no one was very fond see..
Because every word he spoke, was a terrible joke
and everywhere he looked there waz a ponzi.

There once was a troll named Fonzi..
a little little fish in a big pond see.
Because every meme played, seemed trite and homemade
not the sharpest knife in the box he.

There once was a troll named Fonz
took his name, from Happy Days long gonz
but to all of our despair and with no class or flair
The Fonz liked to share share share share

Has anyone seen dear Fonzie ?
No!
Not I! Not me!
Not us!  
I see!

Excuse me mr Columbo but maybe he is dead?
" but for a troll he seemed really well fed?"
Perhaphs he fell somewhere and banged his stupid head…
Ok Bitcoiners fair enough, that was well said…
but, oh ,ah ,one more question before I go blondie.
Maybe he drowned whilst swimming in the pondie?

Ok ok you got me !  I confess, I really have to get it off my chest
what happened to the dear old lamented Al Fonzi.

He was a float, when I threw him from the boat
but with my boot to his head
I kept him down till he was dead
and now there is no more ol Fonzi.

You see there is no bubble down there I  screamed and cried
and then slowly, thankfuly Fonzie died.

So…..

There once was a troll named Fonzie
but now we can hear him no more
Maybe a note
or the odd quote..
despite your f'kin ignore

Once long ago there was a troll named Fonz
or maybe it was Al-fonso, or Al Fonzie
I cannot remember ,or quite care...
just a mere flash of memory as I stare
at the Bitcoin price up in the sky
Now Proudon... what a guy...

...and now… well….really what can I say?

I guess in the words of the real Fonzie "Hey hey hey"

Where shall we go a sailing today?
 
(lets catcha train instead- I faintly heard the ghost of Fonzie say!
" apparanty there is a CCMF due any day"
I rested a Bitcoin, in with his corpse and nailed the lid shut and chucked it off my yacht and had a party. the end.
  

There was once a troll named Fonzie
of which no one was very fond see..
Because every word he spoke, was a terrible joke
and everywhere he looked there waz a ponzi.

There once was a troll named Fonzi..
a little little fish in a big pond see.
Because every meme played, seemed trite and homemade
not the sharpest knife in the box he.

There once was a troll named Fonz
took his name, from Happy Days long gonz
but to all of our despair and with no class or flair
The Fonz liked to share share share share

Has anyone seen dear Fonzie ?
No!
Not I! Not me!
Not us!  
I see!

Excuse me mr Columbo but maybe he is dead?
" but for a troll he seemed really well fed?"
Perhaphs he fell somewhere and banged his stupid head…
Ok Bitcoiners fair enough, that was well said…
but, oh ,ah ,one more question before I go blondie.
Maybe he drowned whilst swimming in the pondie?

Ok ok you got me !  I confess, I really have to get it off my chest
what happened to the dear old lamented Al Fonzi.

He was a float, when I threw him from the boat
but with my boot to his head
I kept him down till he was dead
and now there is no more ol Fonzi.

You see there is no bubble down there I  screamed and cried
and then slowly, thankfuly Fonzie died.

So…..

There once was a troll named Fonzie
but now we can hear him no more
Maybe a note
or the odd quote..
despite your f'kin ignore

Once long ago there was a troll named Fonz
or maybe it was Al-fonso, or Al Fonzie
I cannot remember ,or quite care...
just a mere flash of memory as I stare
at the Bitcoin price up in the sky
Now Proudon... what a guy...

...and now… well….really what can I say?

I guess in the words of the real Fonzie "Hey hey hey"

Where shall we go a sailing today?
 (
lets catcha train instead- I faintly heard the ghost of Fonzie say!
" apparanty there is a CCMF due any day"

I rested a Bitcoin, in with his corpse and nailed the lid shut and chucked it off my yacht and had a party. the end.
  

Is Fonie still alive sorry I mean, still posting? god another mystery.

1 - pfft
2 - Who are these "lot" of people that knew? that "bought the rumor" and where was their buying? or price spike up from this? (even a small one) and where is the corrosponding dump ? of the sell the news ? price has been stable since news came out...
3 - Do you not consider that volume might actually increase? and then what happens with this theory/problem
4- I think just as many people know the price as knew about Dell accepting BTC - and really we know it was above market value- and that Tim won all lots- that says plenty- and does it look like Tim D is about to sell his coins to realise this "great profit"?
5-  And so what if there is demand- to date demand has not fallen compared to supply - the DPR coins are already part of the coins in circulation- even if they are not currently "out in the market place" it is just as if they are in cold storage - and also so what ? did you see what happened with the last auction?
6- I am bullish about more and more and more merchants accepting Bitcoin , rather than on just one- it is a stage BTC must go through to continue down the path to glory - and it is doing so- how else can we get btc to ubiquity without getting more and more merchants onboard? and give it some bloody time.
7- Nice anecdote -please tell us more- do you know everyone on wall street ? and again  = time
8 - The components that make up an I-phone are actually decades old tech ! yup you heard me- it is just now that they are packaged into a "sleek and small" device in the way that they are - and at a price that is affordable- Iphone could have come to market 20 years ago if Jobs had his act together and if people were willing to pay $100,000 for each one- and it be the size of half a brick exagerating t woudl have been smaller than that, but a fraction larger than what it is today -  the only thing that has changed really is the cost and size- the tech was there already or in advanced stages of being developed decades ago - or was in one form or another already in the market place- it is old tech- repackaged and shrunk - to be accurate. Compared to the blockchain/BTC protocol which is not an old tech. In fact most of the tech in i-phones we have military R&D to thank for.. not Steve Jobs-  he (and a massive team)  just came up a way to put them all togehter- and mechano'd them into the "sleek" package all together in a useful gadget (a useful gadget that gets thrown away every year or 2 at that) 

x 1000 Agreed- surely not long at all.

Hi- yeah I clicked and read- so that makes more sense to me- people that are reddit and forum users, are more likely to have heard of BTC longer ago- I think that forum users are quite a specific group of people, and it makes sense to me that they would also be the kinds of people that would be more likely to hear about Bitcoin first,  in the same way that I think that a lot of people that know about and understand about BTC have had exposure to other forms of trading (espcially some of the PM trading fraternity) i.e people that are more likely to have read literature that would have informed them about BTC (tech or trading crowd)  compared to the people I expect to be the next wave of adopters, who will get their news not from forums (and will likely never use a forum- not a huge % of the population does imo) and not from trading or tech related newses (where is proudhon?)  but from the mainstream media... and from companies like Dell accepting BTC etc

Really I saw a few big stories pre 2012, as "mild interest pieces" the past 1 year , 2 years it has been on pretty much every major news network/media outlet in the world once or twice a month (even more so past 9 months imo- it is everywhere) (original post now edited)

Also I realise not the same thing (based on "searches") but  http://www.google.com/trends/explore#q=Bitcoin  Dare say it is more informative than a 2000 "random" sample

(ps I am smoking the goodshit)

I would say this is bs..  if it were a survey of people from the Bitcointalk.org then maybe.... but from the general public... I cannot see it...
99% of all media coverage has been in the past past 9 months edited: two years , and especially the past nine months  I would like to know who/where/how the sample group was picked...also any idea who is conducting and publishing this (anon?) survey.

Indeed, though I do think the market cap/trade volume needs to increase for there to be the greater liquidity needed to keep the volatility
down once and for all- I do not think we are there yet by a long chalk - which is pleasing in a way   - and so I expect plenty more volatility for quite a few years to come yet.  I do not think we are going to have to wait too long for the next round of volatility either tbh.

It has not gone below 600 in past 22 days- it has flipped a few times over 630 by varying amounts

Something happened around 22 days ago.....

just going to pop this here :  http://uk.reuters.com/article/2014/07/22/uk-argentina-debt-negotiation-analysis-idUKKBN0FR16M20140722

Could this get any less volatile? nope... but it soon will do methinks     Nearly at an all time low... similar to before past rallies

 I wonder what this next spike in volatility is going to bring... last few rallies had three mini spikes in volatility during bear runs,  before going to near ATL in volatility , and then .....massive spike.  Hopefully we get a massive rally too



 

Snowball

   

Well maybe chime in more with your views and thoughts charts and analysis and discussions observations , memes and general blah blahand chit chat - tis everyone forum - just do your own thing fella... pllenty of other peple to chat to..  have to go noe I am out of my face hs ha

Hi I am merely amused that we are slap bang in the middle of the move from 1-1242 and sticky at a moment of seeming indecision and at a time when the market is consolidating/trading sideways - literally slap bang in the middle of the 1-1242 "move" - and so I thought I would check out the fib levels- which is more why I added them (the 50% fib is not overly important) or did you want me to rant about golden ratio and fibonancci/explain how I got the rest of the numbers? I happen to be rather fond of fibs and the golden ratio so happy to do so.

Edit The other reason it is an amusement is that I do not think using fib retracements retracing this whole move from 1 is that useful per se (perhaphs only if there is a fractalised beautiful sacred geometry occuring within BTC (or is that a sacred geometry within us as natural beings of the universe that is important here?? hmm then again as a creation of humans BTC is essentially human too... which would make it a product of nature... so maybe...  )  and of course in the case others humans and non humans using the same retracement calcs to trade from-  in this case I do not think it is overly useful to describe 1 as the origin of the move up to 1242, as I am not sure it was a "move" at all in the early days... I tend to disregard the first few years when looking at the charts for TA - and start from $5 upwards, and even then....  although with longer term outlooks, starting from 1- 5 - 10 as in terms of BTC , for me it is just to give me a visualisation of the action.

I started out from the 621.5 figure.. and was curious to see if 621 had any "signifigance" as we had been sticking around it , when I played with the numbers I noticed that it was 50% of 1242 which I recalled was the prevoius ath for MT GOx an I thought I wonder what thr erest of the retracement figures show... and so I posted them ohhhhhhhhhhmmmmm and I have taken an housr ago a rarher powerful sleepngpill as I have to
go away and clappse now early flight . ..woo whoo it has really hskicked in and I can not see sriaght or where the keys are on th laptop
yeah a n I cannot tpe so nigt

keep btc safe for evrone ha ha this is hilarious........might try work like this everyday meh g