How the hell is this thread still alive? I thought it was a joke to pass some time and posts in order to get out of the newbie area? I could come up with a better business plan breeding sheep and pigs together that fly.
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I applied to get verified with gox a couple of days ago. My queue number was 14,250 or there about. It's gone down 1k in 2 days and it's the weekend so not bad really.
Only reason i'm doing it now is so it's done, i'm a long term holder but i'd rather do it now and have plenty time to make sure everything is done right than sell in the future and have to wait even longer to receive my funds.
Must be very bullish though, just a couple of weeks ago it was 8k and they hired more staff yet the queue continues to climb
I am positive we will all be pleasantly surprised next week when BTC doubles in price... Or at least those of us lucky to have some coin in our lives
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For BTC to hit $100,000 within 10 years there would obviously have to be an average increase of $10,000 per year. Since most internet adoptions occur exponentially and I see no reason for BTC not to be worth at least $1 million 10 years from now. I would guess BTC might hit $10,000 by the end of this year. We will hit $300 by April 15th.
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Bitcoin, the Nerd's Gold!
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See, the Proudhon thread from early 2012 that Op copies almost ad verbatim here (i c wut u did), has Proudhon predicting single digits at this time (he was two digits off.) And the average prediction from other posters in that thread is around $14, which is a tenth of what it is now, a year later. What does this mean?
In April 2012, both the bears AND the bulls were way off, and predicted a price between 10 and 100 times lower than it is today. We need to use a new animal - perhaps the vulture? A big black scary-looking vulture with a cascascius coin hanging off a gold bling chain around its neck, and of course, grasped within its talons is a sinister package that it is delivering anonymously (next day air!) for Silk Road. Naturally, the vulture is a metaphor for the hungry, circling bitcoiners moving in on the sickly, decaying banksters and devouring the last bits of their wealth.
Now, Proudhon is stuck in a perpetual price microcosm and continues to see every single 2-hour 10% decrease (even if it is followed by a massive upswing) as sign of a humongous long crash lasting 6 months and bringing us back to single digits, so perhaps we need to start calling him a "dodo bird" or similar animal that is renowned for being silly and/or stupid. "Bear" is almost a compliment.
So I'm going to go ahead and say that in a year's time, 1 BTC will be at least $10,000 USD, but really I think 100,000 isn't too much of a stretch.
i seem to remember something about extrapolation... nah, not important. I'll be retiring in 6 months at age 24, folks. XKCD can go suck it.
+1 I will also be retiring at the ripe old age of 25
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Mark my words...less than 11 days to get to 200
With Friday action like this, I think 200 might be low-balling it. I still hold to my prediction: https://bitcointalk.org/index.php?topic=167611.0But my fear is I might be selling low when I sell half my BTC next Tuesday at $195 in attempt to buy back in at $165 the same day.
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Just saying Whats Up..... I'm new around here, just got full turned on to the cryptocurrency a few weeks ago. At first I thought Bitcoins could be, a way for me to make some money from my beloved internet. Now I've come to realise, this is not at all what Bitcoins is about. Granted I hope to turn my little hobby into a viable buisness, but at this point im willing to mine has long has i break even. I believe in the entire idea of it, the entire concept of a currency thats not controlled by a group of families that in most aspects are the true form of evil. This is currency from the people, for the people.
I don't think this is going to be an easy fight. I think there is going to be alot of entities that are going to try and squash this thing we got going here. Then will be the time, when we see who's really in this for the long haul. Who's here not to make a quick buck, but who's here to change the world. I am in fact the latter. I laugh in the face of authority, always have, always will. So any way just saying, "Hi". Soon I will be out of this Newbies dungeon I'm trapped in..... Then I'll be free to spread my ideas has far has i can.... has long has there is someone there to listen.......
Sincerely, A guy that gives, not one FUCK....
+1 BTC to me is about restoring power back to the people and putting and end to corrupt central banksters.
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Hmm, going back below 140?
Testing old broken resistance from the ascending triangle we just broke out of... hold on.... Was this a code signal for someone to buy all those coins just now?? Insider Trading! j/k
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Can we use a different date? I don't like that one. Lol! That just dawned on me! Haha... it is where the data points to... its almost like BTC is flipping the IRS the bird!
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The trading actions I'll be taking in the near future: -12 ounce curls, using my favorite beer, paid for fully by recent bitcoin rally. -music appreciation, in the form of the Bitcoin Rally Song ( https://bitcointalk.org/index.php?topic=168163.0.) The one I will most certainly NOT be taking: -pressing the Sell button. IMHO, with the euro crisis going on, the current 1.5 billion market cap of bitcoin is going to look laughably small, very soon. Next rally on Mon-Tues of next week will push us to $200. I am selling half my BTC at $195 and will be buying back in at $165 the same day
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ALL OF THE GAINS WE MADE IN THE LAST 36 HOURS HAVE BEEN LOST, GET OUT WHILE YOU CAN!!
And what evidence do you have to back this up? I was hoping the all-caps would ensure no one missed the sarcasm.... Lol! If only written words could make sounds...
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I dont see 150$ there. $144.94 daily high
You can only sell BTC for Chinese Yuan, and the amount of Yuan you sell is equivalent to $150. But how are you gonna to transfer the Yuan back to USD and back to your US bank account? Not that easy, It takes many fees and many days. So this is not some easy money that everyone can grab. Agreed, I cashed out some BTC when it was at $160 at BTC China a couple days ago. By the time I waited for the yuan to liberty reserve transfer the price at Gox was back to $135 so I barely made any profit after fees after waiting two days. But when I cashed out there was $50 spread between exchanges.
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ALL OF THE GAINS WE MADE IN THE LAST 36 HOURS HAVE BEEN LOST, GET OUT WHILE YOU CAN!!
And what evidence do you have to back this up?
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Ok .. thanks for educating me I like this Bitcoin thing Alot .. because i have some coins i buy last year for 12$ each What a fucking rush Very nice!
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I dont see 150$ there. $144.94 daily high
Well unless my Googe calculator is off I don't know what your looking at?
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Just saw an add on youtube for "Black Rock" and the Global Allocation Fund. Guaranteed to double your money in 10 years! LMFAO! Apparently they haven't discovered BTC... Guaranteed to triple your money in 1 month! lol
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