After 119$ there will be 100$ verry quick, and then double digits here we come  And long after that..... there will be death. Meanwhile, others will rake in coinszzz while you were waiting. Look at price action, not your conviction. |
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From 0.022 BTC tot 0.024 BTC.
Some 'sky rocketing'..... especially compared to the mathematical parity price of 0.25 BTC (21 mln BTC vs 84 mln LTC). Clearly, LTC's time is still to come.
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Wekkel: BTC ging to $20 fast or slow, suiker bullshit still strong
Bear is not out of the woods yet  Quote me after 1 year instead. |
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I see a paradox. For BTC to become successful, it's adoption must rise but on the other hand, you see enormous wealth disparity. Somewhere down the line, these two will cross. Moreover, those that got in later are probably the people who are the producers in this world. Gradually, their position will be better because they provide stuff people want/need. Granny could be taken care of by her kids who have more time and means to support her.
Another thought: the more people put into BTC, the more their debts can be paid of by rising BTC value compared to fiat. Less burdened by debt, their situation will improve and improve as a function of time, taking along more and more new people. Once people learn of this phenomenon, it's game over for the system. Much more intriguing than very dark scenarios.
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That's quite a bold prediction.
Its cold hard reality. Got appropriate orders in already for days, waiting to get hit. |
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Also 3D printing is never going to be used for anything but .....
Be carefull with the word 'never'. |
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Only an idiot would not change his view in the face of changed circumstances. That is what trading is all about. Turn sides when information demands so. Single digits are still a real option. Not all coins are sitting at Gox so if enough people get the jitters, everything is possible. Remember, this is Bitcoin  |
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Never had a phone so expensive.....  |
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Meanwhile, Gold is experiencing a shake down equal to September 2008 and July 2011. We know what happened afterwards, so equities could turn rapidly the next few months. Not a time to invest in 'stocks' generally.
Rocky times ahead!
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Krugman is an epic fail
Apparently, in 1988 already " ten years from now, the phrase information economy will sound silly" |
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History will not be kind....
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What has fundamentally changed that Bitcoins had to go to 266? The infrastructure is shit, the client is shit, the network scales like shit and the first serious possible future Bitcoin competitor has emerged.
There's SR, and now there's SD. Anything significant besides that?
Increased faith. |
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I like people getting off the sofa and starting projects. No progress without many fails.
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Yeah, I realize this, but I think the majority will wait till we hit in the range of the previous ATH at least before we see any real buying again.
It's better to already have the fiat orders in place. Once Gox starts lagging, it wont be accessible anymore. PS. Ignoring someone may also keep you from reading a good idea in a next post. Why would you want to miss out on that? |
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Sorry that I keep on spamming my own chart, but who will tell what the correct version will be (with hindsight)?  |
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For Silicon Valley, Bitcoin could be a saviour of their jobs (think of all the software that could be developed around Bitcoin).
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Those of us who were here through the 611 crash remember the atmosphere after it falling to 2 usd, when even many of the hard-core bitcoiners were doubting B the way they do now, and everyone else was celebrating the demise of B as the latest ponzi, bubble, scam, fad, flooz, etc.
What I'm thinking about is the old-fashioned rule that 'history rhymes' and that people tend to forget things after 2 weeks. If the hype remains absent, there will be buyers remorse and mined coins coming to the exchange each day. I think the next 2 weeks could be very dull with everyone staying put. |
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