I would love to see a $180 double bottom, especially on high volume, but I can't wait for something that may happen at all. I have buy orders far north of that and If I get in too early, I can live with that. Somebody's gonna wait too long and it won't be me.
Greece is going to implement capital controls within a month or two. The smart ones are going to want crypto and I plan on being in a position to provide it. If you think Bitcoin is volatile, just wait until the Grexit. Things are going to get interesting.
Billy Joe Banjo! Haven't seen you in a while. Lots of fires in the south? Just got back from one. A little house fire, nothing to get excited about. I got a second job to take advantage of these low BTC prices so I hope it stays down long enough for me to load up. I'll soon be in a position to hold indefinitely and even add to my position so I don't much care which way the price goes in the next few months. If you work on commission at the fire department you could just buy a can of gas and be proactive. |
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I would love to see a $180 double bottom, especially on high volume, but I can't wait for something that may happen at all. I have buy orders far north of that and If I get in too early, I can live with that. Somebody's gonna wait too long and it won't be me.
Greece is going to implement capital controls within a month or two. The smart ones are going to want crypto and I plan on being in a position to provide it. If you think Bitcoin is volatile, just wait until the Grexit. Things are going to get interesting.
Billy Joe Banjo! Haven't seen you in a while. Lots of fires in the south? |
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Still $26m in longs. Someone is going to get margin called very soon.
We've heard that for over a month now, very soon seems to be sometime 2017. |
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It looks like it might tip any moment
Tip? You mean DIP?   Crap! SkyVly has returned. We're dooooooooomed! |
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It is definitely going to stay in the $100 range pretty soon. Monday morning and price hasn't changed a single bit. No buying pressure at ALL.
What surprises me is that there is no selling pressure either at this price range. Edit: The fact that this pig hasn't been slaughtered yet leads me to think that the big boys might know something we don't. |
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It looks like really slow/boring downside movement, where we will test support around 200-220..if we break that support, damn, it will take long time before we will truly reverse the bear trend...my crystal ball told me that this morning
so i am placing buys on 20 BTC @ 180...do you think its too low / or still too high??
IŽd say too high, entire movement since january seems now like H/S pattern, which would point to lower lows 90-130. However 180 is safe bet unless you go in leveraged, bitcoin should recover fairly quickly after crashing to bottom. Many people predicting 80-120 prices...i somehow refuse to believe that after so great fundamentals and difficulty x times higher than 2013 summer, i would buy in the same range i was buying most of my coins...i will probably go like 80% of my money to 160-180 and 20% i will hide for the final crash to 100-120 but i really don't believe we will go that low... If we don't find some buying pressure at $200, a dip to $140-150 seems plausible. As would a rise to $250 again. It's a crapshoot at the moment, the amount of money moving into the Bitcoin environment is rising greatly, but apparently the amount of bitcoin being bought up is low, thus the price is falling. I remain bullish and will buy more at sub$200 if that happens any time soon. I don't need a rise to $250. I need a rise to $380 and beyond. |
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It looks like really slow/boring downside movement, where we will test support around 200-220..if we break that support, damn, it will take long time before we will truly reverse the bear trend...my crystal ball told me that this morning
so i am placing buys on 20 BTC @ 180...do you think its too low / or still too high??
IŽd say too high, entire movement since january seems now like H/S pattern, which would point to lower lows 90-130. However 180 is safe bet unless you go in leveraged, bitcoin should recover fairly quickly after crashing to bottom. Many people predicting 80-120 prices...i somehow refuse to believe that after so great fundamentals and difficulty x times higher than 2013 sommer, i would buy in the same range i was buying most of my coins...i will probably go like 80% of my money to 160-180 and 20% i will hide for the final crash to 100-120 but i really don't believe we will go that low... Bears always planning for one final crash..because 'line on a chart points down'.. Yawn. Bears have had it easy for the last 16 months. Let's hope hubris doesn't smack them over the head (well, we sort of do, don't we?). Saying that the price will drop because it has done so for one and a half year doesn't make you an oracle. |
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It looks like really slow/boring downside movement, where we will test support around 200-220..if we break that support, damn, it will take long time before we will truly reverse the bear trend...my crystal ball told me that this morning
so i am placing buys on 20 BTC @ 180...do you think its too low / or still too high??
IŽd say too high, entire movement since january seems now like H/S pattern, which would point to lower lows 90-130. However 180 is safe bet unless you go in leveraged, bitcoin should recover fairly quickly after crashing to bottom. Many people predicting 80-120 prices...i somehow refuse to believe that after so great fundamentals and difficulty x times higher than 2013 summer, i would buy in the same range i was buying most of my coins...i will probably go like 80% of my money to 160-180 and 20% i will hide for the final crash to 100-120 but i really don't believe we will go that low... If we don't find some buying pressure at $200, a dip to $140-150 seems plausible. |
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It looks like really slow/boring downside movement, where we will test support around 200-220..if we break that support, damn, it will take long time before we will truly reverse the bear trend...my crystal ball told me that this morning
so i am placing buys on 20 BTC @ 180...do you think its too low / or still too high??
Depends on how long we over around $200-210. If we brake down from here I would think 180 would be good. |
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By the way NLC keeps talking to himself I think we might have been wrong about him. He might be in serious need of help.
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The END has come... Bitcoin down on 0.0 US$:  They're just adjusting the counters to make room for more numbers |
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 VS  What will it be? |
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Little dump to $233 on finex It's the wrong kind of fireworks today  |
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The Bitcoin development has been underfunded and uncoordinated to a point where it risks being unable to deal with major problems if uncovered. Having firm ground somewhere well funded with a lot of bright heads lessens the risk of Bitcoin stumbling on itself. I would love it if other universities or organisations in other countries set up similar centers, but you have to start somewhere.
Thats a great theory. But like communism, I reckon it wont fly. Ito runs Media Labs, and media labs is NOT MIT. Its a commercial operation, and most projects it involves itself in are rooted in hard commerce and license. I worked on a project with them years ago ( a language extension for Mindstorms, NXC) and while they are brilliant in many respects, they are not the ideal partners for Bitcoin. Looking at the current tone and quality of the arguments against the BF at the moment, how do you think they would react to the suggestion that the centralised ( isnt that against the principle?) management of Bitcoin would be handled by a 100% commercially funded group? The "power" of BF is there only to the extent that the rest of the community lets them have it. We don't know exactly how this partnership looks like yet. If it's too unpalatable for the rest of the Bitcoin community they should get on with a competing/complementary body elsewhere. In fact, that's a good idea anyway. See, there is an implied paradox here... People dont like the BF because "power". But bitcoin wont survive without some sort of intelligent benign leadership. But this leadership will have "power", and people wont like that... Rinse, Repeat. You either have cake, or you eat cake. Until people get that into their heads, bitcoin will have some tough times ahead.. This is not unique for Bitcoin, it's an issue with most open source projects. But it turns out to not be a major problem most of the time. For instance, if Linus Torvalds became a scientologist and decided to "cleanse" the linux kernel for code deemed to be against the church, he would no longer be the benevolent dictator of linux. And people using linux would probably not even notice. |
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The Bitcoin development has been underfunded and uncoordinated to a point where it risks being unable to deal with major problems if uncovered. Having firm ground somewhere well funded with a lot of bright heads lessens the risk of Bitcoin stumbling on itself. I would love it if other universities or organisations in other countries set up similar centers, but you have to start somewhere.
Thats a great theory. But like communism, I reckon it wont fly. Ito runs Media Labs, and media labs is NOT MIT. Its a commercial operation, and most projects it involves itself in are rooted in hard commerce and license. I worked on a project with them years ago ( a language extension for Mindstorms, NXC) and while they are brilliant in many respects, they are not the ideal partners for Bitcoin. Looking at the current tone and quality of the arguments against the BF at the moment, how do you think they would react to the suggestion that the centralised ( isnt that against the principle?) management of Bitcoin would be handled by a 100% commercially funded group? The "power" of BF is there only to the extent that the rest of the community lets them have it. We don't know exactly how this partnership looks like yet. If it's too unpalatable for the rest of the Bitcoin community they should get on with a competing/complementary body elsewhere. In fact, that's a good idea anyway. |
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Any ideas why my "Activity" is stuck at 98?
I have the same "problem" It goes up by 14 every 2 weeks. Only goes up a max of 14 in that time no matter how many posts you make. What if you were banned for a week? Do those days count? You get double points Winning!  Lol, nice gif! |
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Any ideas why my "Activity" is stuck at 98?
I have the same "problem" It goes up by 14 every 2 weeks. Only goes up a max of 14 in that time no matter how many posts you make. What if you were banned for a week? Do those days count? You get double points |
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Don't think he's sockpuppet, he's just a bit of an _____ sometimes (He may have switched to short). But I could stop quoting him if you like?
Okay, benefit of the doubt time. In what way do you think Ito will help Bitcoin? I mean in the context of the current problems of the foundation, and the overwhelming view of its critics that we dont need a central authority in the first place. edit: BTW Im not shorting bitcoin. I dont treat bitcoin as some stupid horse race or lottery that so many like to believe. The Bitcoin development has been underfunded and uncoordinated to a point where it risks being unable to deal with major problems if uncovered. Having firm ground somewhere well funded with a lot of bright heads lessens the risk of Bitcoin stumbling on itself. I would love it if other universities or organisations in other countries set up similar centers, but you have to start somewhere. |
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Nah, he's just a sockpuppet. Dood! Use The List. It's now updated with all the new sockpuppets. Don't think he's sockpuppet, he's just a bit of an _____ sometimes (He may have switched to short). But I could stop quoting him if you like? |
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Would that be, like, a centralised standards center? A central point to standardise bitcoin? Wow. That wuold be such an advance for bitcoin, That would be brilliant |
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