I was actualy starting to understand the first graph haha, ok so if i have this correctly then after the first touch it seams that it should be a mirror image of each other as stocks move up or down so does the money flow in exact terms. But then there is the money flow that alot is moving in and a lot is moving out so that would give it diffrent values, and the point is the interesting part at the end correct? where the money flow has gone down significantly yet the price has risen significantly stating that most all money has been for bulls or purchasing, so if this top line were to rise significantly and the lower (price) line were to stay flat or then would that be an indication of a drop off? obviously it would be a sign of volatility but in what direction does it indicate? how im not dumbing up this intelligent thread. Thanks  |
|
|
|
so if the whole bitcoin is starting to get traction and businesses are just waking up to it and some are excepting it as payment (kinda the point) then what is the point of another cryptocurency? "Hi we accept cash, visa, mastercard, debt card, amex, paypall, bitcoin, and bitcoin lite, oh and three other new types of crypto currency that my boss has no idea how it works. " come on what can you buy with that? even sr only has one form of payment. ok its true i know next to nothing about the new one so can some one shed some "light" on the subject,  |
|
|
|
Hm, let's say $50. After a bubble, a crash, and some recovery. And $500 by 2015/04/05
Nah. By 2015 we're either established or dead. Bitcoin has exploded so much in the media lately, it's not likely to simply fade away. In the next few months the big money will have to decide whether it chooses to move in or not. The bad news is that big money is notoriously fearful. The good news: It only takes one, the rest will follow. INDEED!  |
|
|
|
Nobody is psychic.
Are you sure? Yes. good talk haha  |
|
|
|
I don't get this. If it's stable people worry, if it falls those same people presumably worry at least as much...so the only days you're not worried is when it's painting a big green candle?
Anyway, to answer your question, it's generally been stable right before it launches higher.
thanks you said it for me.  |
|
|
|
how would any of this not be plausible? if you cant buy or sell anything because of who you are or what you stand for because of sanctions than get a currency that is anonymous buy what you need to buy and sell what you need to sell. makes sense to me. those who joke tell me you sit behind a computer and are not iranion or a leader of a country so why make fun? you don't and couldn't know. im not saying it did happen im just saying that if more people would listen to any and all ideas and keep an open mind and use intelligence then the world would be a better place.  |
|
|
|
the entire joyride will end as soon bitcoins are getting percepted not only valuable (thats of course our feeling, the feeling of owners) but also as expensive (for all of those that would like to become owners. its a psychological barrier. if we start talking about
millibitcoins (mbitcoins, mbtc), we would make it attraktive to the masses. itīs a language thing: stop talking about bitcoins, the new era is the mbitcoin. that will flaten out the scary graphs for a little time. people who own btc should manifest their treasure by strictly insisting on mbtc from now on.
you can currently buy 100 mbtc for 14 bucks
or 1 mbtc = 14 cent. sounds cheap enough!
when the world accepts mtbc we will own...
I'm not sure we are the early adopters. I would say the early adopters are the ones who have thousands of BTC. The same with the other coins, if you don't own at least 10,000 can you say you're early? or late? What we need to figure out is how late is too late? true, if bitcoin stays and is not the "myspace" of decentralized currencies (i hope that ltc is not the face book) than is 200 to late? what if the world decided to use bitcoins not exclusively bit say like paypall or a credit card maybe a tenth of the payment options. is it possible that they could go to 100k per coin. than 200 would absolutely not be to late. my opinion is that people will do two things, one is look at is as an investment and second try to inovate it into there business, because if you accept bitcoins for say a tire shop and they pay 3 bitcoins for a new set of tiers (420 usd current price) and bitcoins go to 200 per each then he just sold tiers for 600 dollars. thats why any smart business accepts bitcoins right now. the gains will far out weigh the losses in the long term up to say five years. |
|
|
|
So the question is "Why do people think they are right when actually they are wrong?"?
I imagine you'll get some answers from people who think they are right, but I'd worry that maybe they are wrong.
indeed why so wrong....or " I TOLD YOU SO!" I think the bears love the I TOLD YOU SO more than the bulls. the bulls are like "sweet i was right and now im rich....to busy doing the happy dance to post an i told you so'' |
|
|
|
Graphs are great for proving what happened.
I have a graph of what has happened for the past 3 months:
/
/
/
^
Now take that graph and throw it away.
The price will either do this:
_/
or this:
_
\
Or should I have better graphs to make it more believable?
hahaha! siriously throw some color on that for gods sakes then and only then will i belive it!!!  |
|
|
|
ok I get it that there are bulls and then there are bears. some say up some say down. but why are there full on threads that have graphs and out right "proof" that it is going to go up for sure and same for the bears, graphs "proof" and all that jazz. this weekend seams poised to be some sort of big change. what do you think?  |
|
|
|
+2.94 (2.19%)
2.19%, I really like the number. It would be great if this kind of growth kept on going for a couple of months.
To the "its a bubble" people: "2.19 growth is fine for an emerging technology."
To the "I want to make money fast" people: Look at how much it increased a couple of months ago!
To the smart people: Look into how Bitcoin actually works!
Everybody has a reason to be happy.
I like you |
|
|
|
Eh, I disagree with number 2. It's impossibiru. Anytime the government gets involved and starts regulating stuff, prices go up.
Do you think alcohol got CHEAPER during prohibition?
Do you think the "War On Drugs" hasn't made drugs more expensive?
What about ObamaCare, is healthcare getting more affordable for Americans?
The only reason they were able to take down liberty whatever and e-Gold is because they were centralized.
The concept of alcohol, drugs, or bitcoin is (relatively) decentralized. Healthcare isn't but it's controlled by government cronies (or government cronies are controlled by healthcare biz) either way.
I don't understand how people fear that government crackdown could lower the price of Bitcoins. The government isn't exactly known for making things cheaper.
um maybe the fact that you cant buy anything with it. kinda the point of currency. businesses will not except it. prohibition.....relay? people just want to get drunk and party so that didnt make it go away. does bitcoin make you feel good? war on drugs? people will always find a way for there substances. bitcoin is not s substance, it is a currency.....surprised you didn't know that. governments want taxes, this lets them have less, thus it is more than probable that at some point they will shut it down. but intill then ill ride the wave |
|
|
|
I said in various posts three or four weeks ago that this could easily go up to three digits (although I was cautious), so I don't think it was that far fetched.
The problem here is that you are assuming those account holders will be indiscriminately buying bitcoins at market price. Doubtful.
I'd like to know more about these accounts. Is 57000 the number of bonafide, funded accounts? Or does it include people that have simply signed up out of curiosity? I know several people that signed up at Mt. Gox but never funded their accounts.
ok so lets say three out of ten dont ever put money into mt gox. but if you think there arent people signing up to put 10 k or 100k into there account than your crazy. thats why i think its fair to average all accounts to 1,000. additionaly why wouldnt they just look at mt gox and see any info that there is, signing up is a hastle and you would only wast your time if you were going to put money into it. its not what people do for fun....hahaha want to go golfing? no want to go to a movie? no want to go snowboarding? no I just want to sign up for a mt gox account thats way funner!!! yay. that was better than sex! now lest not put money in it as we see the price continue to increase. hahaha |
|
|
|
I said in various posts three or four weeks ago that this could easily go up to three digits (although I was cautious), so I don't think it was that far fetched.
The problem here is that you are assuming those account holders will be indiscriminately buying bitcoins at market price. Doubtful.
I'd like to know more about these accounts. Is 57000 the number of bonafide, funded accounts? Or does it include people that have simply signed up out of curiosity? I know several people that signed up at Mt. Gox but never funded their accounts.
ok so lets say three out of ten dont ever put money into mt gox. but if you think there arent people signing up to put 10 k or 100k into there account than your crazy. thats why i think its fair to average all accounts to 1,000. |
|
|
|
If people put up a lot of bitcoins to be sold at a specific price, in this case $150, then it creates a vertical line on charts.
How it come down fast then, people been removing these offers ? People buying themselves some shinny new coin  [/quote] who...like me? ok i bought some. dont judge me!!! |
|
|
|
Its a good theory but BTC is hard to predict to within a range of 5 usd.
It also tends to go up around 7-9pm (EST) probably because thats when China
is waking up and first thing a lot of people do is buy BTC.
but china would be waking up earlyer than that right, if its 9est then its about noon then its about 10am in china. ya that sounds right. never mind, but if i see a jump at 1am mst or 3am est for you then who is buying then? India? maybe Europe |
|
|
|
This is good because it'll throw some cold water on the blazing flame of press that has been on bitcoin. We need to cool down for awhile.  I quite agree with this statement!!! i like the growth but maybe just a dollar a day avrage with a couple of swings up and a few swings down and a few small bursts. this rocket will run out of fuel and or crash and burn with way to long to regain. right now having a good rep and not "that currency that went from nothing to a thousand to nothing in a year? ya i dont want any art of that". I do want it to definitely grow. a happy medium. |
|
|
|
|
maybe explain the chart more, for those of us who want more layman terms understanding. I think i get it though
|
|
|
|
|
Show Posts
