The US cent is now down to under 3200 satoshis, and I think it might go under 3000 this week. A big question, when will we see tripple digits for the first time?
Reliable sources estimate anything between 1 to 8 months. |
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Who had fun last night?
Me also. Like your sig, but unfortunately I am no venture capitalist  |
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Looks like were hitting some resistance from Americans waking up and getting shaky fingers. Usually at this point I would think we were in for some slowdown, but after seeing how we ate through the 10k wall yesterday I wouldn't be surprised if we were at 350 by this afternoon.
350 today is madness, in my opinion it is quite possible that we see 250 first, (as part of the final goodbye to anything 2XX). It is already thursday, and in March it was generally the highest for the week. Weekend = crash. Btw. does anyone know of a reliable leveraged platform for trading bitcoins? Bitfinex I know of. How about this? |
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If you don't understand something, don't buy it.
(It will go up or down regardless of your understanding it or not; the thing is that you sleep better when you've invested into things you know)
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I can possibly invest 5k - 50k .. not asking you to decide for me... but would you go all in and sit on it at this point in time?
With all probability 266 has become a floor. Since you should anyway not take risks with bitcoin (not invest more than you seriously, honestly can lose), now it is optimal to buy as quickly as possible. The price is rising and nobody knows how high it will rise, and even if it collapses afterwards, the new low is probably higher that previous ATH: 2011: $2 low vs. $1 old ATH 2013(1): $60 low vs. $32 old ATH. Next week the price can be 500, then I would not buy any more, it starts to make sense to wait. |
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Flashcrash alert.
The rest of the week may be choppy since we are already so much higher than last week. The weekly gains tend to normalize, and I would not be surprised to see Sunday at around 280-300 like we are now.
Retest of previous ATH from the above in the form of flashcrash is probably coming. I don't believe sub-250 territory will be visited edit: except during the flashcrash.
Risk of a change in main trend is low.
Looking forward, it is better to buy now than wait. I would be wary if price goes 600+ in November or 700+ in December, since they may be overextended.
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There will be one or two more chances to buy below $215, and it will be a fast ride!  This prediction was made yesterday, but may already turn outdated. If a long-standing ATH is crushed, there is no looking back. Even the post-next-bubble-low does not go as low as $266. |
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At this time its hard to know how many coins anyone has. But, if you mine virtually from day one when you literately could mine with a laptop and mine for over 2 years you must have a large amount of coins. The only proof is that over 77k have been cashed out by one member most likely it is just a fraction of total holdings.
How do you advice to take them into account? The period of free mining ended in early 2010, as you can see from the difficulty. Of the 2 million coins generated in 2009, half is already attributed to Satoshi. In 2010, 3 million coins were mined, do you think that this group has a significant holding of them? It would have taken an industrial approach to mining, with hardware costs. Was this the plan all along? If the group still controls many coins, what is the purpose? |
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Nice list, but no mention of any AHA members or the group as a whole. Most members (especial founding 3) make the top 20 easy. The entire group together should be top spot or?
Please give me some sort of estimate, and link to it. |
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I am too busy counting my money to care about misled journalists.
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Coinbase = 274
MtGox = 266.5
Easy exit from gox, buy coins and arbitrage selling on coinbase.
looks like a good place to sell, only if i wanted to sell Good news everybody - I will be selling BTC2,000 if we hit 600 this month, or 700 the next! |
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They're drawn to the historic volatility.
haha |
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Thanks for the encouraging words! It does not take that long to become millionaire with bitcoin. Today I was offered a bet concerning whether bitcoin will hit $5,000 before next June. Of course I took the "no" side. It is very nice if it happens, but in that case it does not matter to lose a bet. Furthermore, I already have a similar bet, but for the cutoff price of $1,000. That one I am on the "yes" side.
All in all, if in next June the price is less than $1,000 or more than $5,000, the bets cancel each other. If the price is in between (what I consider the most likely scenario!), I win both, netting 2,000mBTC.
This is just an example that you should strive to make your financial arrangements such that you win regardless (or minimum that you don't lose). Then just wait the required approximately 2 years and you will be a millionaire if bitcoin stays on track.
In the celebrations I got to use the Bitcoin ATM, and it was really cool. The bitcoins came instantly to my mobile wallet and premium was so low that I am almost ahead by now (I bought @199€, now: 197).
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Just checked the first page (the first time since I read it when I first saw this thread). Big red letters say something about reservations? I don't know if I reserved, but yeah, I'll be coming, and will have a +1. I'm bringing my spouse. No, that doesn't mean an increase in boobies.
Now you're just deliberately confusing people  I think it is a girl masquerading as a gay. But I have been wrong before... |
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This morning saw the ATH, nothing special businesswise.
(Later edit: crossed the $266 ATH from last April - from now on we would see ATH four days a week)
We are celebrating it in our BitcoinMillionaire(tm) club currently with some champagne etc. Sorry for being so short-worded.
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i realy should buy back now....
what made you sell? analysis, logic and systematic trading perhaps? |
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Maybe he is merely waiting for the bids to fill in before dumping that 10K.
Then he will wait for the asks to fill in before buying them all up.
Yeah. Selling low, buying high => path to success. |
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Possible, but I wouldn't bet on it.
We're in a bubble. When it pops, it gets us to 150. Bubble pop takes us to 2x the previous ATH: $1 -> $32 -> $2 $32 -> $266 -> $60 $266 -> ? |
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Well, if I lose this, I also win $1,000 from another bet |
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How long does Bitstamp usually need to do the verification?
1-2 business days They verified me the same day I sent in the documents. Yes, me too. But I want to allow them for 2 days if they are in a hurry |
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