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There is no 'low' for Bitcoin.
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So, what are my options? I do NOT want to see "I think" or "I've heard" or "So-and-So might", or ANYTHING other than: "Here are your options."
Politeness will bring you further. |
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Has anyone tried to put together long-term targets using that kind of reasoning? If not, I'll put up a blog post doing just that, of course for constructive critique..
Hess, as a matter of fact it has been done quite a few times. Just looking at market cap and the size of online business, $10,000-$100,000 is not that unrealistic. But that requires quite some work on Bitcoin software to iron out the flaws. |
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It's not a bubble, just less sellers than buyers. Focus on usability of BTC instead if you want to assess whether its a bubble at this moment.
I would say it is massively underpriced at this moment.
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The guy is past 40..... Give him a break  |
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Thanks, we have seen lots of indicators and heard of projects that we feel will cause ltc to be the leading coin in the next few months so, we like to think we are right on time.
Good to hear. LTC seems to have some good times ahead. |
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I feel the crash getting closer...
Up, up, up!!!! |
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Today, I looked at my tiny mining payments of 2011/2012. A lot of money today, but nothing at that time. I keep on repeating everywhere: Buy and Hold.
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He is a smart politician: always side with the winner  |
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So bottom line: what's the resulting price projection?
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You forgot:
- Cypress
- NZ
- Italy
All three countries are planning or attempting to plan to confiscate a percentage of their citizens' savings accounts. People in those countries are going to be fleeing the national currencies like a bat out of Hades, you just watch.
You're out of your fucking mind if you think people who would be effected by that have any idea Bitcoin exists. This is a self fulfilling price, people have an idea of what Bitcoin is worth therefore they won't let it reach below a certain point. Bitcoin has little to no practical and no tangible value. There is no reason it should be at this price. When given hard thoughts, euro's do not have tangible value either. It all boils down to trust, the same as with Bitcoin. |
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But ... But.... That means that Litecoin went up as well  |
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27 is bigger then 5 or 6.
Shit, better go get my tinfoil hat. ^^^ funny! I'm long Bitcoin even at 50+ There's just too much upside potential Long until $1,000 at least. |
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Could namecoin serve a purpose in DNS matters?
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Tx: LcjnwSZHMTASjtR2gNSxwfXueceEm8Ggb2
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771 Guests, 353 Users (30 Hidden)
Users active in past 15 minutes: So please watch your fuckin' manners. We have guest. Seriously, that blows me away. I've been watching it creep up the past couple days. Is there something going on that I'm missing? Another stat when you search Bitcoin in Google news. It wasn't that long ago you would only get a very small handful for the past 30 days. Now: About 10,400 results (0.22 seconds) I see a lot of new interest from India and China on the forum. |
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Nice analysis +1. For some time I thought you were a bear. Maybe you were just buying, like I also did last week.
I'm suspicious of the large run up lately, but technical indicators just do not seem to matter with Bitcoin. It's a whole new game..... From my perspective, I am not gambling or speculating but protecting my savings for the benefit of me and my family. The Robber Baron's are on the loose, and I don't want an involuntary part of that. Note: LTC seems like a nice speculative prospect. In theory 1/4th of a BTC, so it still has a 20x potential if enterprise is build around it. I like it's fast confirmations and the spread of risks over multiple currencies. We'll see in the next few years... |
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With all this competition in posts, how could Alt coins be at the end of their glory ??  |
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Thanks for sharing. I did some calculations on my own, based on a suggested market cap. https://bitcointalk.org/index.php?topic=146022.msg1630314#msg1630314Of course, exponential growth is a very tricky assumption - especially when massaging the annual growth rate to meet your own expectations - although I consider an average factor of 1.6 not to necessarily be extraordinary. |
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